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 How to I report tax evaders in the UK?
And remain anonymous
Additional Details
Believe me this person deserves it - I pay my taxes, so does ever other decent person. So why should I subsidise THEIR lifestyle with MY money? W...


 I have just filed taxes for 2005 and 2006. i owe about $5,000, will i be able to make payments?
it is october 2008 now....


 How much is your disposable income per month?
Well I got no disposable income because at the moment I am spending more than I earn. What about the rest of Y/A ...


 How much tax would I pay on £30,000 a year?
i.e. how much would I have left to live on!...


 Can Iwrite off my cats vet expenses on my taxes?
...


 Where I work, we have uniforms. We wash them ourselves, not the company. Can i use that as a tax deduction?
If so, how is that calculated? I once heard that they average out the cost for dry cleaning and use that. But thats just what I heard. Anybody know?...


 Is it annoying when employees ask for another W-2?
Does my old employer have a copy of my W-2? What do you think of people that ask for another W-2 this late? Is it possible to even get one that fast? Also is it a hassle to make another W-2. BTW I ...


 Where to file Tax? that is not HR block?
I am just a student, i dont have much a complicated tax returns to file.
However, HR Block said they will charge me $100.00 that is practically about 30% of my tax returns.

I heard ...


 Taxes and marriage?
My live in boyfriend is disabled and receives about 12K a year in Social Security benefits. I work and make about 35-40K per year. Currently we file our taxes as single and I claim both children ...


 When you cash in your Stocks, you have to pay tax?
How many %? So it's like a fee, every time you cash in you gotta pay? So it's better to just cash in bulk?...


 Why did I only get $300 back from the stimulus package tax rebate?
When I got the letter in the mail a month or two ago, based on my W2's, I was going to receive $600. Is it possible that they are breaking the payments up?...


 What is the penalty for cashing in an IRA before 59.5 yrs ?
...


 How many people will not get a rebate check because they owe the IRS.?
The reason why I'm asking is because if a huge number of people that are suppose to get a rebate check already owe the IRS, then this economic stimulius package does the economy no good. Seeing ...


 Do u have to report how much u have in ur savings account?
and if u do .what is the percent u have to pay?...


 Can you make corrections to already-submitted taxes?
I did my taxes last night using taxact.com - I already received an email confirming that my taxes were received and approved. However, today I received another 1099 form in the mail for some ...


 I helped a friend prepare her taxes and she gave false information. Am I responsible?
I assisted a friend in preparing her taxes. I was given false information and now I find out that she is being audited and the IRS says that she owes over $9,000 in penalties and taxes. Can I get ...


 Tax Question: Single Mother, two children, home owner, and earns approximately $54K.?
All of the years I have filed taxes. I have basically received all of my money back. I saw on my paystub that the Federal Government has taken out about $7,900 in taxes and the state (RI) took out ...


 Why does the IRS pay people more than they pay in? this is fraud?
i believe you should only get back up to the amount you pay in. unemployeds or low income people get back plenty, thousands---while those of us who work everyday pay out of our checks and at tax ...


 My husband left me and my son, what do I claim on W4 ?
I dont know where my husband is, he walked out on me and my son. We are still married and im going to start working full time ad im unsure of how to fill out my w4. I intend to claim my son for next ...


 Can you use turbo tax 2005 to file the 2006 tax returns?
...



Kenneth D
What proportion of individual income taxes must be paid to avoid penalty?
                     
 




Jen
Rating
You need to pay all of it to avoid penalties.


curmudgeon
Rating
all of it


bostonianinmo
Rating
100%


Steve
Rating
100%

If you mean to avoid penalty for underwithholding, then there one of the following 3 rules need to be met to avoid the penalty.

1. 90% of this years tax liability.
2. 100 % of last years tax liability.
3. When you file your return, you owe less than $1000.

If you meet one of the 3 above rules, then you will not be penalized for underwithholding. Of course, if you are considered a high wage earner, then these rules change.


stephenweinstein
Rating
If you meant what needs to be paid in advance (through withholding or estimated taxes) to avoid the penalty for underwithholding, 90%.


Business boy
huh? not sure, but i know its not 100%


Fred S - AM Cappo Di Tutti Capi
Rating
100%


Judy1
Either 90% of your total tax liability for the year, or 100% of your total tax liability for the year, or owe less than $1000.


Charlie & Angie G
In addition to what Steve says, there will be no interest, failure to file, or failure to pay penalties if the return is filed and the tax is paid no later than the due date.


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