 Legally who can claim the children on the income tax? |
| My ex-husband wants me to let him claim 2 of our 3 kids on his income tax. He says that he is cutting me a tax break because he`s paying taxes on my child support. I live in Nebraska, he lives in C... |
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 How Do I request my mothers 1040? |
| Im trying to file my finanial aid for college and they requested that I send them my mother 1040. The only problem is my mothers a damn slacker and I cant get her to do anything so I was wondering if ... |
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 I filed taxes for the first time this year & I just received a letter from the IRS. I'm freaking. Help? |
| The letter said the IRS had received my electronically filed income tax return for the Tax Year 2007, but they didn't receive my Form 8453-OL U.S Individual Income Tax Declaration for an IRS e-... |
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 State Tax Return? |
Do I need to file a state tax return if my employer already took out the state tax from my paycheck each month?
My co-worker told me that I need to file a state tax return if I received a W... |
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 What is the most you can earn in a year in the UK without having to pay taxes? |
| If you earn only 5000 pounds in a year do you still have to pay taxes on it? Is there a maximum you can make without having to pay taxes? and at what amount does the lowest tax bracket end? Curious ... |
|
 UK Should we INCREASE fuel tax? |
| A journey from Wigan to Milton Keynes SHOULD take 2 hrs 45 mins, today the home leg took me a whopping 5 hours. Why do we tolerate congestion and consider it acceptable? Why is the "rush hour&... |
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 Just got offered a job, he is gonna pay me as a independent contractor. how do I pay taxes? |
| I have always worked for an employer that has taxed me. Now I was offered a job that pays me as an independent contractor. How do I report the taxes? I am being paid 50k, ... do you think I could ... |
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 Stimulus Check? |
| I did my taxes at H&R block and had my tax return submitted via direct deposit. I have not received my stimulus check and I have no clue If they are just slow with the process of direct dep. or ... |
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 I owe taxes. can i investy/buy in something to offset that? |
| i did my taxes and found that i owe ~$600. so was wondering if i can buy some CDs or invest in some savings which can be tax deductible . basically instead of throwing that money away to IRS, invest ... |
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 About where are they in the stimulus check distribution? |
| I know that I'm getting once. I received something in the mail. I just want to know who has gotten their stimulus check yet, and the last two digits of their SS#. Both of my roommates have ... |
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 How much will i get back for taxes? |
| im 17 i work at a pizza place and i was wondering about what percent of my total taxes taken out will i get back or does it just ... |
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 Need help filing taxes this year? |
| I did not file earlier as I never seemed to have received the form. I tried to send in for one but they sent me the wrong packet. I have no income for the last year. Can you help? What do I need to ... |
|
 Uk national lottery is realy registered by uk goverment? |
this company ask me that i have won lottery and they get 2000000
email from 40000 diffrent companies is it realy?... |
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 How to know if i owe money to the IRS? |
| years ago i owed $600 to the Irs but for the past years i been resiving income from my taxes,is it possible that they allready deducted the $600 from my taxes, or is there a website or a number to ... |
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Joe King | Why do I need to make a tax return when my only income is from Building society savings? |
Why do the society take the tax anyway when I am not due to pay tax. |
 |
 
David T
|
Because the tax man has got a hook into you. They never let go.
You need to fill in an R85.
http://www.hmrc.gov.uk/forms/r85.pdf#search=%22r85%22 |
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Georgie
 |
Joe King , I am disappointed with the above answers. I've been keeping a watch on your interesting question. I have often wondered about this also.
The above 'answerers' are answering the wrong question. |
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Stumpy
|
Just talk to your local tax office...belive it or not they can be quite helpful!! |
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iritadragon
|
Because the law requires that they tax you.
And you make out your income tax forms, so that you can recoup that tax.
If your circumstances changed, and you were suddenly making more money, you would not be able to get back that tax.
The government will always make sure it gets THEIR share. You are secondary. |
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PAULA H
 |
If someone gets sent a tax return they have to compleate this by law. If you fail to complete the return and do not submit it on time then you become liable to penalities.
You could possibly be recieving a return for many reasons. Probably due to the amount of interest you are recieving each year combined with some PAYE wages from previous tax year or even stocks/shares or inheritance tax you may have recieved |
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phil_the_sane
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The tax return could be quiet helpful as i guess the IR owe you money. You can arrange for the building society not to take tax from your income by signing a form Rsomething or other. |
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'Dr Greene'
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I agree with Phil.
If you have paid Tax on your interest then the tax return will help you claim it back. (assuming you havent registered for Gross Interest already) |
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simonavitch
 |
All income is added on to your earnings and assessed for tax.
Your allowance is deducted and the remainder taxed at varying rates.
If you have no earnings your B.S. interest is taxed if you are still over your allowance.
If you are below the tax Allowance you ask the B.S. for a form and after that is processed all your interest is tax free.
Do it now and you can claim back for the tax year 2005-6.
Ask the taxmen, who really are helpful, if you can go back further. |
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Kenshin
 |
I guess you are saying tax as in income tax and not loco and state tax like property tax.
OK here is how it works. You live in a country, it doesn't matter which one. And a Tax is impost on to you to set up defense of that country, road, water treatment, and so on so forth. So that when you are living in that country you are using those serves. You pay taxes are when you get a job or buy goods and serves.
Tax is taken out when you get a paycheck, it is call withholding. If you chose not to withhold then you did not pay any taxes and you are using these services for free when every one else is pay their share.
A tax return is their figure out how much you as an individual in that country should pay base on your income. A return is there to tell you how much you pay (w2) vs. how much you owed. If you don't want to find out by doing a tax return then the government will find out for you. It is call an audit.
But Let say you have no taxable income. You should do a tax return because
1) Let the federal and state know what you income is cause they don't know you owed tax or not and they want you to have a chance to speak for you self.
2) You may have federal and state credit if you income is too low. Some credit are treated like money so if you have let say Earn Income Credit (EIC) or Property Tax Relief you may have money coming back to you. EIC may pay up to $4000.00
And if you don't know how to do a return most federal and state agency has freed serves to help you as well as information on free serves. |
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