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 Can i file my taxes if im 17?

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i stay in california, and i have no idea what i should ...


 How much do you spend on bills per month in the UK?
Hi, I'm planning to move to London and I'd like to know how much, does the average person spends on bills in the UK, with water, sewerage, gas and electricity included.
I'm going ...


 Is my daughter liable for (UK) tax on the maintenance income she receives from her ex husband?
At the moment she receives spousal and child maintenance but soon will only receive child maintenance....


 Once a company closes are they liable for thier debt? Specifically to the Gov't of Canada?
I work for a company that used to have a company by another name,. That company closed over two years ago. However I received an invoice from teh Gov't of Ontario regarding taxes in 2004 with ...


 Can I use HDFC ATM Card to Withdraw the money from SBI ATM without any charges?
Can I use HDFC ATM Card to Withdraw the money from SBI ATM without any charges?

Is there any charges to withdraw the money from SBI ATM useing the CARD of HDFC...


 I have already filed my taxes, and child support enforcement wants to snatch our return,...?
i have re-married and she has 4 children,......can she get injured spouse?.....if so, how do i go about doing this.....will she qualify for EIC?
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to all you jacka@@'...


 Stimulus rebate?
Will the GOV. send out the stimulus rebate checks on a daily basis or once per week? (DIRECT DEPOSIT)
I heard they are already being sent out....


 I Will be earning 291 pounds a week how much of that would i receive after tax and n.i?
im only 16 if that ...


 How easy is it to get away with non payment of UK road tax?
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 How should I spend my tax refund?
Me and the wife usually go on a vacation. However this year we are in debt with credit cards and personal loans for a total of $3200. Our expected tax refund would be $3000. Play it safe and payoff ...


 Overpaid Paycheck Because Exemptions?
Last two paychecks, I noticed I was getting an extra $200. Today, I accounted for that $200 based on less taxes taken out for Federal and State. The reason? They changed my exemptions from 1 to 9! ...


 Why is my federal tax refund so low this year? Should we file separately?
We had a baby in 6/06 and thought our 2006 federal refund would go way up; we received about a $1200 refund last year. In 2006 I made $44,557.50 and had $4563.19 federal withheld; my husband made $47...


 Are taxes based on total income or taxable income?
In other words do I calculate the eaxes I owe (I'm in the 15% bracket) based on the total income or the income after all the deductions are taken out?...


 Can I deduct it in 06 if I buy online today? A business purchase?
I want to buy a computer and deduct it off my taxes (it's for my business.) Can I buy online today and deduct it or does it only count for the day it gets shipped?
I'm talking a large ...


 How long do you have to work in order to file for taxes???
i have been working since aug.2006 so i was wondering if i can file for taxes???...


 Can I file taxes twice?
I changed my job mid last year and got a new one. I have only received one W2 form.
Can I file taxes with the one W2 I've received, and then file again when i get the second one?...


 Â£60 tax rebate in our September pay packets?
Is it true that those of us on the basic tax rate of 20-22% will get a tax rebate of £60 in our September pay packets and also a nett pay rise by £10 per month for the rest of the tax year?
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 Can my girlfriend claim me on her taxes even if i worked some of the year and took out a student loan?
I made maybe like 5,000 this yr and had a $3500 student loan....


 I live with my fiance and 2 year old child, we have only one income what should I claim on my w4.?
I dont want to owe money, but i still need to be able to pay my monthly bills....


 Can the IRS lien property in my name if my husband owes them money?
We are attempting to resolve his IRS problems, however I am aquiring property and only want my name on deed. Will I be liable for his debt if it was incurred before I obtained this land.
A...



Will H
When you have a bank account what do you have to do as far as taxes?
                     
 




Judy1
If you receive interest, then you have to claim that interest as income on your tax return. If it amounts to over $10 for the year, the bank will send you a 1099-INT for the amount and report it to the IRS. But even if you make interest under $10 you are still legally required to report it on your tax return if you are required to file one.


IRENE THE BOOKIE
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If you have an interest bearing bank account and you earn more than $10.00, the bank is required to report that info to the IRS and will send you a form 1099-INT. Report the total amount on the interest income line, and if necessary, fill out Schedule B.

Also, should you get a refund, you can request the IRS to direct deposit your refund in your bank account--it does save a couple of weeks in processing a paper check. Hope this helped.


mike1942f
The bank will send you a 1099i reporting to you and the IRS the amount of interest you earned in various categories. You have to add that up and if it is more than (I believe) $200, you have to fill out Schedule B telling where in detail it came from and include the taxable interest on the appropriate line of the 1040.


Rebecca
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This question doesn't make sense. A bank doesn't charge you anything to have an account (if you get a free checking account.) No taxes of any kind....


catzrme
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The bank will send you a statement at the end of the year if it needs to.


Rick B
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If you earn interest of dividends, then you will get a statement at the end of the year so you can report that income on your taxes. I think they are 1099-DIV and 1099-INT forms.


Christine is WRONG. There is no tax withholding on a bank account. :-(


chevygirl_97z
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you have to claim interest that is earned on savings accounts and such. Where I work we only send out a yearly interest statement if the member earned $10.00 or more. Less than 10 they dont have to claim on their taxes


naenae73
nothing


Christine
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Nothing. The bank already withholds taxes on the interest you earn.


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