 When do our tax 'stubs' come from our employment to our house, so that we can file our taxes? |
I have been looking in the mail lately to try and see when my work is sending out our tax-stubs, so that I can file...
Does anybody know of when companies start to do this?... |
|
 If a job pays 16000 per annum how much will that be a month after tax? |
| a new job states 16000-18000 annually just curious as to the monthly pay after tax,and if its worth it as i'm a single mum.... |
|
 I'm being paid by check but not through payroll...? |
| Can I still file taxes( I have a 6 month old daughter so I would like to get some money back at the end of the year....If so how....Is this even illegal?(I don't know why they won't pay me ... |
|
 Earned income credit? |
| is it true that as long as im a child support paying parent iam entitled to claim this credit every other ... |
|
 Ia m getting ready to file taxes, can I write off my bedroom set? |
Additional Details
Thanks guys, I just did not know so I did ask, and no its not for business :)... |
|
 Do you have to file tax reports if you're in jail? |
Even if you have no physical access to income
Additional Details
How do ya'll know so many - and different - answers?
BTS what happens if you don't file it, do you ... |
|
 I've been claiming 0 on my W-4 for the last few years and continue to owe on my taxes, any suggestions? |
| I am married, we do not own a home and try to deduct as much as we are able to. It's very frustrating, because usually when we do just my husband's taxes we get a refund, add my into the ... |
|
 TAXES: Why was form rejected for listing daughter as dependent? |
| She is 18 and dependent on us. Husband in Iraq, filed taxes as married filing seperately (divorce in process), says he did not claim her as a dependent. Her taxes were accepted (marked that she was ... |
|
 Do I count as Unemployed or Self-Employed? |
| I'm a writer. I hardly make any money yet but I'm keeping at it. I live with my dad at age 21 and dropped out of college. I have no other paid job. I'm not actively looking for ... |
|
 Can I give my employer a photocopied P45? |
| I am starting a temp job, but I have a permanent one lined up too, starting 2 weeks after the temp. I have one P45 which I'd rather give to the permanent employers, but if I do a P46 for the ... |
|
|  |
Alia H | What does claiming yourself as an exemption on your tax returns do? |
Theres a question on my tax return asking Are you claiming yourself as an exemption? Im not sure what this does if I claim it. Im not dependent on anyone so it says I can claim it but is this a bad thing to do or a good thing? |
 |
 
fisherwoman
|
You should ALWAYS claim yourself as an exemption. It is a GOOD thing, however, you cannot claim yourself if someone else is claiming you as a dependent, for instance you are a college student and your parents' are paying your way. The parents would claim the child. |
|
CHRIS R
 |
An exemption is worth 3300 off of your taxable income. If you are filing single you also get a standard deduction of 5150. If you make a small amount and someone can claim you as a dependent it is usualy better for that person to claim you. I such a case you would not take the exemption the other person would for you being their dependent. |
|
Judy1
 |
If you can't be claimed as a dependent by anyone else, then you DO claim yourself as an exemption. If you owe any tax, then it will reduce the amount of tax that you owe...so it's a good thing. |
|
bostonianinmo
|
If you are not being claimed as a dependent by another taxpayer, claim your exemption!
An exemption reduces your taxable income by $3,300. That's a GOOD thing as it reduces your tax!
Please ignore the first poster. I guess they didn't understand your question. |
|
Molly
|
Most taxpayers are allowed to claim an exemption for themselves. (For a married couple filing jointly, then times two). Families with dependent children claim an exemption for each child.
Think of it as the standard "break" they give to each individual (except that people who make a LOT of taxable income have theirs limited). Many states have a something similar although they might call it a standard deduction.
It was a way for the government to show favor to the those with smaller taxable incomes, giving them a break on taxes.
The only time it is bad to claim yourself as an exemption is if someone else is going to do so too. If you are on your own, not a college student under 25, then chances are that you are fine. Otherwise, check with someone first before you file.
Good luck! |
|
Peggy K
 |
Everybody is entitled to a personal exemption on their tax return unless they voluntarily give it over to another taxpayer, such as a parent, to claim.
It's perfectly legitimate to claim your own personal exemption on your own tax return, unless someone else provides over half of your support--and there are other requirements that would have to be met for that to happen, too.
What that does is reduce the amount of income you'll be taxed on. |
|
Lilly
 |
As long as you are not a dependent of someone else (like your parents), this is a GOOD thing. What it means is $3,300 is subtracted from your 2006 income and you don't pay taxes on it! Hope that helps! |
|
MsMyliss
|
you will most likely end up owing money to the irs at the end...=/ wouldnt do it... (it dosent take out money all year long though) |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 35 minutes(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 6 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 2 week(s) ago
| | | |
8 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
