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 How can I find out how much taxes I will owe if I withdraw from my IRA of $70,000?

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I am 68, with low income which is less than $17,000 per year. No state taxes....


 Will I get that I.R.S. refund even though I'm paying them in monthly installments for back taxes? I filed.
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 My husband is self-employed and "hires" a few guys to help him but he doesnt take taxes out of their checks.?
They get a 1099 at the end of the year. Is there any paperwork or anything they need to fill out to claim responsibility for their own taxes? Or is the 1099 enough?...


 Can two people who live with the same child claim that child?
My boyfriend and I live together, but we aren't married, our daughter lives with us. Can we both claim her since the person who she lives with 50 percent could claim her? Since she spends all ...


 What is the penalty for over withdrawl on an IRA?
I'm retired and rolled over my 401K to an IRA, but I've had to take out over $100,000 in a year. What will be my penalty?...


 Hom much is petrol in the area of the uk you live in??

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It's £1.009 a litre,at Welwyn Garden City Today!...


 How can i claim my milage to and from work on my income tax?
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 Who gets to claim the child as a tax deduction? The parent who has custody or the parent who pays support?
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 Do i need to pay tax if i am selling used items on eBay?
I am In the UK England And am selling 10-20 things a ...


 My son is 19 and lives at home. last year he made less than $5,000.00. does he file his own tax return.?
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 What do I need to do if I still need to file last years return, as well as this years return?
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 I owe federal tax, why?
My sister earn a little more than I did and she's getting back little over $1000, and I owe the federal $439 dollars! WTF!!!! I bought a brand new car in 2006 and I included it on the 2007 taxes,...


 Why do I owe SO MUCH money?
I make $37,000 yr with a taxable interest income of $1,033. In previous years, I earned slightly more but got a refund. This year, I owe the Fed $214 and State $600+! What am I doing wrong???...


 Can a 17-year-old move out of their house legally before turning 18 in NC?
I am a 17-year-old girl living in NC and I wanted to know if i can legally move out if I only have 5 months till I turn 18. I am not only moving out to just have freedom, my home life is terrible. My ...


 When emmigrating to another country do you lose your entitlement to uk state pension?
Ive been woking for a while and have paid a fair old whack of national insurance and tax in my working life.
If i was to emmigrate to another country would i lose my basic uk pension. (Can i ...


 Well I have got to pay my road tax on my car today £99. My question is?
What could I have bought for the £99 if I did not have to tax my poxy car with it....


 Can I file head of household & claim my fiance as dependent on 2007 tax return ?
in 2007, He has bought and sold some stock & made $1700 in his traditional ira, earn $1007 interest on certificate deposit in his traditional ira, he cashed in US saving bonds & earn $1245.60 ...


 I have a tax question.......?
I filed my taxes last week and everything was fine until I got my return and it was only half of what if was supposed to be. It turns out that the student loan I have been paying off for a year and ...


 When are taxes due?
And what happens if I mail it in a couple days late?!...


 Last year (2006), I paid a tax debt for 2002 and 2003 including penalties and interest.?
Is any of this tax deductible?...



blondeambition
What time of the day will my direct deposit for my tax refund be in?
                     
 




Rob
You need to check with your bank, every bank posts transactions at different times,


amraann
My Bank (Bank of America) Said that it could show up any time during the day.

I have in years past recieved it later in the day (like aftr 4) (I was using BOA then as well)
It really depends on the bank you use.. I just called them and they said it could show up anytime during the day.


LEL61719
If your refund was scheduled for direct deposit today you may have to wait a bit longer. I have been waiting for mine since 1/26 and after checking with the IRS they told me it could take up to the end of this month. If you haven't recieved your money by Wed check back with www.irs.gov where is my refund and more than likely you'll have a reference # and a message saying your refund was delayed. There are a lot of people that are having this problem due to new tax laws that were passed.


MarineMom
Rating
If your deposit is not showing up this morning, you could call the bank and ask if there is an IRS refund deposit that is "pending". They will tell you that, and most likely when it will post to your account.


thinkaboutit
Rating
Eastern Standard Time (EST) if you live on the east coast. jk. Probably in the middle of the night while you are a sleep - or out partying. That is when most electronic transfers occur.


Enchanted
Rating
The transfer is automatically programmed and will arrive in your account just after midnight in your time zone. It should be available the same business day.


Crystal G
Rating
Federal only does direct deposits on Fridays (midnight thursday actually), so if your bank processes the ACH transactions overnight or in the morning it would have been there already today.

Go to www.irs.gov and click on where's my refund. It will tellyou there exactly when they are going to deposit it.


mama2tstnj
Rating
Mine also was supposed to be in today, but it isnt. I called the bank to find out what time they do direct deposit and they said in the mornings. So mine wont be there until at least tommorow which sucks because I need the money for bills now.


trixii19
Rating
Bank North said for me anyways if it's not in there now, it won't be in till either tomorrow(sat) or monday. So if it's not in your account now check tomorrow or Monday. Sorry I am bummed too. So just check tomorrow, if it's not there tomorrow morning it won't be there till Monday, so on....


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