How do I stop taxes from being automatically withdrawn from my paycheck? |
| Basically, I need my full gross income for the next few months to handle some large expenses. I want to defer paying income taxes from my paycheck until a later date. I am currently W-2'ed and ... |
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Do you pay sales tax on 99 cents? |
| Do you pay sales tax on 99 cents or less. I've heard that you don't.... |
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Last paycheck question? |
| Last week I quit my job, and im wondering if I have to go to the store and get my paycheck or if it is mailed to me?... |
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Just got my w2 from my work...? |
i have been told that the "federal income tax withheld" is what you get back...is this true??
This is my first time filing for taxes, and before anyone asks...yes I made 3,000 or ... |
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Can I file my taxes as single, even though I am married? |
| I want to file separate from my husband (we have never filed jointly yet) because he owes some back taxes and I'm afraid if we file together, the IRS will take my whole refund, which I need for ... |
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Can I deduct on 2007 return taxes paid in 2007 for 2005 tax year? |
| Was assessed both a tax bill and penalty from the IRS in 2007 for 2005 tax year. I know that the penalty can not be deducted on my 2007 return, but can the actual tax paid in 2007 for yr 2005 be ... |
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When claiming a child on your taxes...will the IRS check and see if you support them?? |
| My boyfriend has a child with a married woman. When he was going to do his taxes the woman said that my boyfriend can claim the baby because she wasnt going to give her husband the social security ... |
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Why is the refund so large? |
| I am bothered by a question someone has asked. The person said she filed jointly with her husband and they were getting back $9000. Who gets a $9000 refund and why would anyone get that amount of ... |
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My neighbor just told me he has not filed taxes in 3 years? |
| Just now he decides to be worried. Says he is not sure he can even find much of the paperwork, w-2's I assume or whatever. What can he do? Should I tell him to call the IRS directly and work ... |
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I owe a substantial amount of Federal Tax. Can I make a contribution to a charity rather than re-pay to IRS? |
| I would very much prefer the $25K to go to a specific charity (in a form of a tax-deductible donation) rather than to vanish in the bottomless pocket of the IRS. Any idea if this would be possible? PL... |
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Do i have to report $300 dollars as income? |
I have a regular salaried job. But I may make $300 dollars on an unrelated side project for a company if i were to design a logo for them.
Do I have to report this $300 dollars for taxes? If so ... |
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I'm getting payed less than minimum wage? |
I get paid cash and getting paid less than minimum wage,
should I have a talk to my boss about it.... |
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W2 Form help? |
| What is the difference between claiming 0 or 1. I just started a new job and counldn't really understand this. I am single, no kids and not married.... |
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Do I need a bank account to get my tax refund back? |
| Just planning ahead... I will not go back to H&R block this year, so I am figuring out what to do. If I did them myself or something, can I get my refund back without a bank account? Or could I ... |
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Council tax bailiffs? |
help plz ?? we have been financially skint as my partners been out of a job and my wages went on rent, bills, shopping and everything.
we didnt pay council tax.... they wrote letters, i ... |
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Naomi J | What do I need to claim on my W-2 in order to not owe taxes? |
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Richard M
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It's not a W2, it's a W4.
Go to the W4 assistant, enter your data, and it will compute your withholding allowances for you.
http://www.paycheckcity.com/w4/w4instruction.asp?nextPage=PA |
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mikeeyman
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If you are single... And claim Single 0... You probably won't owe at tax time. |
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mel
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if you claim zero, they will take more taxes out of your check, but you'll get a larger refund at the end of the year.
if you claim 1, you won't have as much taken out, and get a smaller refund. |
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Gary
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It is what you claim on your W4 form not your W2. You can always change your W4 form and you will do this where you work. Contact your payroll clerk. You can only claim "exempt" if you had no past tax liability last year and do not expect a tax liability for 2008. If you have a tax liability then you should not claim exempt. Only claim what you are legally entitiled to. |
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bostonianinmo
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If you don't want to owe when you file you should claim 0 or 1 on your W-4 (not W-2!) unless you have other income that isn't subject to withholding such as dividends, interest or capital gains. In that case, you may need to ask to have extra withheld.
If you're asking what to file so you'll never have to pay any taxes, forget about it. It won't happen. All wages are taxable to a certain extent, even if it's only Social Security and Medicare taxes. If your income is VERY low you might be able to avoid having Federal income taxes withheld but that's about it. |
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gyna
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claiming zero will almost guarantee you will get a refund. If your not good at saving, this is a good way to go. If you want bigger checks claim 1, but be prepared to possibly pay. |
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Jessica
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Use single "0" even if your married. But if you have a high income either talk to your accountant or use recommended tax percentages ex: IRS : 25 % and check with your local state and see what they normally recommend.
You can always use flat amounts oppose to exemption claim or use single 0 and take additional amounts under FD and state. |
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austin :]
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because. |
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Ardee322
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I work three jobs 2 part time and full time I have two kids I filed zero on my W4 form my wife had the same she filed 3 on hers how is it now that I'm not getting anything back from my taxes.......?? |
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