 Im18 , i work full time, im a high school student, they take close to 200$ worth of tax out my check? |
My mom is carrying me in january, when its time to do taxs?? should they be taking all that tax out my check ?
Additional Details
im not complainng my mom is .... |
|
 Am I eligible to file exempt on my W-4? |
| I am single (age 22) with one dependent (my sister- age 15). My income is over $30.000. I want to get an apartment but I will be struggling a bit with the car note , insurance, !!GAS!!, and student ... |
|
 I recieve a letter in the mail on July 1 stated that I will receive my stimulus by 07/05/08 but when I check? |
online and the hotline it stated my check will be mail on 07/04/08 which should I go by?
Additional Details
I got it ... |
|
 Is the IRS really giving us an extra $800.00 this year on our income tax return.? |
| I'm a single mom who could really use it since I made just over 25K last year and I'm being taxed horribly.... |
|
 If you buy things with a wholesaler's license do you have to pay taxes to the Govt? |
| If you buy products with a wholesaler's license does the government require you to report your profits if you resale the stuff or is that only required if you have a business license and are ... |
|
 Hi, It would be grateful if any of you could let me know if the following address is true "SCARLET COURIER COM |
Actually i got mail form the following address"UK National Lottery,
PO Box 1010
Liverpool,L70 1NL,
United Kingdom,
Draw Date 21/02/2007
Ref: XYL /26510460037/05
B... |
|
 I have been married since 9/22/06. Do I have to file 2006 taxes as married or can we both file as single? |
I was divorced for 7 yrs and always files head of household and could claim EIC, but I think my refund will go way down if I file married as my husband has a much better income than mine.
A... |
|
 What benefits can I claim? |
| Hi I am a 21 year old with a 10 week old son. At the minute we aren't claiming any benefits but I am about to rent a property so now I need more money than ever! The property in question won�... |
|
 If I am told? |
| If I am told my average income is 15000 USD, should I take it as monthly or yearly income of 15000/- USD in USA. thanks.... |
|
 How do get Tax Rebate? |
hi,
How do i go about getting a tax rebate? What paper work and forms do i need?
T... |
|
 $350 side income, no 1099, no report? |
| I made $350 on a small gig and haven't received a 1099 from them. Will it be okay to not report it? Or am I playing russian roulette?... |
|
 I got married this year in October, how should I file for my taxes? |
| I fill out a schedule C for a home business, and he works a normal job, can we file separately as married? What would allow us the most money back? We have no kids, no investments, no interest income,... |
|
 I am a teen and know nothing about taxes, where do i get a tax return to do my taxes? |
| I just need to know what it looks like and where i could find it. i know absolutely nothing about taxes, and i am doing them on my own this year for the first time. I need a little help.... |
|
|  |
Salim | Who should claim the child as dependent? |
Can my wife and I both claim our child as a dependent? If not who should? My wife's income is more than mine.
Additional Details
We live together.
Filing jointly sounds like the right choice. How does that affect our paycheck deductions? Can my wife and I both include him on our W4s?
Thanks. |
 |
 
Ms. Angel..
 |
You are confused, your w4 and filing a tax return are two different things.
File a joint tax return and claim your child as a dependent.
For withholding information visit IRS website www.irs.gov and use the withholding calculator to find out how many you can claim on your w4 which you will have less with held from your pay check each pay day and will not receive a large refund at time of filing.
Me personally: Like I choose to claim Single on my W4 and may spouse claims 2 which of course I have more taken out of my paycheck, and my husband has less, well at time of filing our federal tax return and having a refund, of course the refund will be mine because i had more withheld (at least that is my thinking) I only do it so that i make sure to receive a refund and will have the money to full pay my auto insurance which is $3500 per year. I just use my refund and don't have to touch my saving account. |
|
src50
 |
Why aren't you filing a joint return? |
|
crazydave
 |
Whoever contributes more than 50% to the child's support. Generally, it's the parent that the child lives with. (By the sound of your question, I assume you're divorced)
Only one parent can claim the child on taxes.
If you're not divorced, and still married, you would most likely be better off filing a joint return. In that case, the child is included as a dependent on your joint return.
Edit - Filing jointly usually works out better, but a software program like Turbo Tax can easily figure it both ways.
As for your W-4's, wait until you figure this year's taxes to see how large or small your refund was this year. If you got a large refund, you may want to claim more exemptions to get less tax withheld. If you get a small refund, or have to pay tax, then you may want to claim fewer exemptions on your W-4 to have more tax withheld. |
|
Judy1
 |
Only one return can claim any one dependent. That can be a joint return, with the two of you claiming him together. And if you both include him on your W-4's you will very likely come up short when you file your return, and have to pay. |
|
jo614
|
If you live together than you file one return as Married Filing Joint and the child goes on the return as a dependent. If you do not live together, than the deduction goes to the custodial parent unless their is a divorce decree that states otherwise. You may never claim the same child on two separate returns. That will only spell trouble. Sometimes an dependent can be split--the custodial parent can take deductions for EIC and dependent care benefits and the other parent can claim the child tax credit and the exemption. If you are unsure of how to file, please get some help. Your local H&R Block or Jackson Hewitt will be happy to assist you. |
|
Choot
|
Are you still married? If you are you can file a joint return and claim the child. You tax people shuld be able to run the numbers between filing jointly or married filing separately. If you are not married, whoever has custody gets the claim unless permission is given otherwise. |
|
kathykoul
|
99% of the time the greatest tax benefit is married filing jointly which means the joint return gets the dependent. |
|
rtfm
|
Are you still married? If so, the best way to file would be married filing jointly, in which case your joint return would get the one exemption for your child.
If you are filing separately for some reason, only one of you can claim the child as a dependent. The IRS frowns on children being claimed more than once per tax year. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 21 minutes(s) ago
| | | |
8 | 41 minutes(s) ago
| | | |
8 | 44 minutes(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
8 | 4 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
