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 For 2008 I did win over $25000 from jackpots..did not pay upfront taxes..Can I claim all of it as a loss.?
Can I save myself from paying taxes on my winings..I did loose as well
from $25000..?...


 Calculate percentage of a number?
...


 A family member filed a tax return in my name without telling me about it and kept the money what do I do ?
I found out through a friend of mine that a family member that I do not live with got a $1.500 tax return deposited into their bank account in my name but the odd thing is I didn't even work ...


 Can I claim my sister on my taxes?
My younger sister is 10 years old. She lives with my dad in the next town over from me. We have different mothers. Her mother lives 2 hours away, and Hanna (my sister) hasn't spent more than a ...


 I work in one state and live in another state and pay state tax in both states is there someway around this?
...


 Is it correct to be taxed 22% if your salary is only?
13.000? My tax code is 522L....


 Does a paycheck stub show you how much income taxes you'll get back?
...


 Are Student Loans considered income to the IRS?
If I get student loans in the amount of 34900.00, and put into a checking account (private student loan) is this income that I have to report?...


 Mailed in taxes when should i expect my economic stimulus check?
I mailed in my tax forms, I did them myself and sent everything off. I had my refund directly deposited to my checking account. I am kind of confused as to if the direct depositing of the stimulus ...


 Bailiffs and council tax?
we owed a bit on the council tax from a previous year the baliffs turned up and we agreed a sum each month this has now been paid off in full back in may The other day we recieved a letter saying we ...


 Im giving a car away to a friend who doesnt have a car. Is there a way I can write it off on my taxes ?
If so can you tell me in detail?...


 Has anyone in the second set of stimulus payment set to be deposited by may 9th received their deposit yet?
...


 Is this considered IRS Fraud? What should I do?
I overheard my sister speaking to a friend who lives in Spain, she moved about a year ago.
Her friend mentioned that she filled her 2007 taxes and will be getting a refund over 5,000 dlls + the ...


 Is there any income that's totally exempt from IRS state tax seizure?

Additional Details
such as Social security disabulity insurance (back payments) direct deposited ?...


 How much will I get? Read on please....?
I am a single mom, and claim 2 allowances, will I get ALL of my federal and state tax returns back?...


 How do you determine the fair market value of personal items for income tax purposes?
When I was doing my friends income tax for 2004 he decided to claim a casualty loss due to Hurricane Katrina. The IRS does not have any estimates for items lost due to casualties and theft so I was ...


 What countries do not have any kind of taxes?
...


 Can I claim my newborn daughter on my tax return this year?
I was reading on the IRS web site that a qualifyng child that you are able to claim on your income taxes must be living with you at least half of the year before you can claim them on your tax return ...


 Can anyone tell me how much you have to earn before declaring your earnings?
e.g avon ...


 W-2 1040ez form single. help! i dont know what taxable interest is.?
#2 on the 1040ez.

Is it #2, #4, and #6 on the w-2. or is it just one of them?...



sweet Naomi
Why Am I paying tax?
I am 18 and a full-time student and work weekend I am just wondering whether i have to pay tax? If not what can i do so that i will not be taxed from my wages? I earn around £3370.80 a year. So will i still be taxed? What do i have to do ?
                     
 




paul
Rating
You should have given your employer a P45 (from your last employer) or filled in a P46. If not you will be taxed at basic rate,although you will get it back eventually. If what you say is true (your earnings are gross) and you have no other sources of income, you should not pay tax.

http://www.hmrc.gov.uk/forms/p46.pdf


Lisa T
You won't pay tax, but you will pay alittle national insurance.


Carla A
Rating
No your tax code should allow you to earn up to approximately £4000 tax free


KT
No you should not have to pay tax as it is under the basic tax code of £5220. You should pay a small amount of ni.
If you are having tax deducted you will receive a tax refund, but check what your tax code is and speak to your employer or local tax office.


TallPaul
Rating
That is below your personal allowance, so you won't pay tax.


Ding Dong
Rating
You will be paying National Insurance but should not have to pay tax while you are a full time student. See your employer if they are deducting tax from your salary as they should not be. If they have taken any money incorrectly, you will be entitled to have it paid back to you.


steffi
Sorry. Olliedog is wrong. Form P46S only applies to students who work solely at holiday time. Also tax office won't give it to students. Forms are sent to employers to issue. When did you start? Have you had any payslips yet? If so, what code number is your employer using?
Your employer should have asked you to sign a form P46 to say it is your only or main job. I assume this is your first job, and that you didn't take form P45 from a previous employer? Employer should be using code 522L, which represents your personal tax allowance of £5225. You therefore should not be currently paying tax. If any problems, contact employer's tax office. The staff don't bite!


jeanimus
Rating
You shouldnt pay tax. But the tax office need to work out your code and give it you to give your employers, otherwise they will deduct tax. So if you havent already, get in touch with the tax office.


olliedog
If you contact the tax office, they will send you a form to fill in which exempts you from paying tax while you are a student. Can't remember what the form is called though.


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