 Can my ex's mother still claim me&daughter on her taxes,even though i moved out? |
| Okay i lived there for two and half years.But with in that two years i moved about 6 times.(cause of the abuse) And i wasn't working,she was paying for everything, She claimed me during 05,06,&... |
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 State Return - I live in Texas - I know I don't *have to* file a State Return since I live in TX but one of |
| my W-2's state that $6675 was witheld - #16 - State wages, tips, etc. Is this a problem? Should I file a State return? Can I file a State Return? Would it help the fact that I owe money for ... |
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 Why do I OWE money on my 2007 tax return? |
| I just don't get it. Last return (for 2006) I was on unemployment for a few months and ended up owing $133. This year, I held 4 jobs - total income of around $1700. Why do I owe twice as much ... |
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 A question from the States? |
| Does any one recognize this? I know it's a scam, but has any one else seen this. ( UK National Lottery Online Promo Progamme ). Any info is appreciated. It's going on all over here and the ... |
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 Help regarding child tax credit? |
| Does anyone know if we can claim CTC my partner is now self employed but has never paid tax or national insurance before, i am currently unemployed and due to give birth to second child in dec.... |
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 IRS and Poker Winnings???? |
Ok, I am going to start off and say that; I work for the federal government and I am a little upset about this. If you win more than $5,000 you have to claim it to the IRS. What is up with that.
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 If I filed bankrupcy, do I have to claim forgiven debt as income on my taxes? |
Additional Details
I filed bankrupcy in March of 2004, it was discharged in February 2005.
When I filed my taxes in 2005 I didnt claim anything I filed banrupcy on as income.
... |
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 How to qualify for Head of Household, and what is a dependent? |
| Can I claim my dad as a dependent even though he did not live with me? Also my fiance lived with me this last year and he did not have income because he was in college can I claim him?... |
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 How do I get a VAT number? |
| For a new small business.... |
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 Can I deduct the 520$ I donated to our church this year on my income taxes? |
| The donations were actually 10$ a week for the year. Of course I have no receipts to show any of it.... |
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 What is VAT when it is applicable? |
| That is when value added tax will be ... |
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 If I am claimed as a dependant will I get an Economic Stimulus Check? |
| I'm 22 and I work full time. I earned well over the $3000.00 mark but my parents still claim me as a dependant since I live at home. When my parents frist received their info from the IRS about ... |
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 Council tax?? |
do the high end of council workers (mps and that sort of people) pay council tax??
Additional Details
but how do we know they pay it??... |
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 My council tax is due on 1st April and I am due to move on 5th.? |
| Will I really need to pay the full month? Refund is a bit tricky as the account it is to come from will have been closed...... |
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 I' ve recieved a council tax bill, but I'm a student. Do I have to pay? |
| I live with another person who works full time. Both our names are on the bill. Can I get my name taken off the bill as I dont want to be liable if its not paid? Obviously I will contribute what I ... |
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 First time tax payer, help!? |
| I am a recent college grad and have to file my taxes for the first time (my parents previously claimed me). I was a student for 1/2 the year (and working part time), and then fully employed for the ... |
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Snarf | Why do I still owe? How can I fix this? |
I claim 2 allowances. i just rechecked the W-4 and this should be the correct amount. I am a single adult who claims myself and have only one job. This is covered in the first 2 lines. So I beleive I am filling this out correctly, yet I still owe money every year. Why is this? Why are they not taking enough out if I am claiming 2 allowances? Is there anything else I am missing? My earnings are about $55,000
Additional Details
I claim 2 because it says enter 1 if no one can claim you as dependent.
Then it says enter 1 if you are single and have only one job.
So that equals 2 |
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bostonianinmo
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How much did you wind up owing? If it's less than $200 or so then you're just about dead on the mark with your withholdings. You could cut the allowances to 0 or 1 but you'll just wind up making an interest free loan to the government. If you owe more than about $200 or so then you must have other income that's causing the tax bill to climb, such as dividends or interest income. If that's the case, just divide what you owe by 50 and have your employer withhold that much extra each week from your pay. You'll be just about $0 either way when you file next year. |
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Prophet 1102
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Why are you claiming 2 if you are single? I think you should go to claiming 1 - this will get you closer.
Assuming you have no children, the only reason to claim 2 is if you have a large deduction (like a house mortgage payment) that significantly reduces your gross income. |
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Kevin L
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Do you have kids?
If you are a single adult, you should claim 1...or 0. If you are claiming 2, it would stand to reason that you would have to pay in at the end of the year.
If you claim 1, you should break even or get a small refund at the end of the year.
If you claim 0, you are almost assured of getting a refund.
That's what I claim, they take the max out of each check, but then I get a nice refund from the IRS. |
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robert w
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change ur W2 to zero deductions and see a difference.
why if u single are u claiming 2 allowances that is ur problem. |
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Judy1
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You are following the instructions. Sometimes they don't work real well for higher-income people. If you only owe a litttle, like under $200 or so, then it's working - claiming the amount the worksheet tells you to should get you fairly close to breaking even. If you owe more than that, reduce your W-4 to claim one If you owe close to $1000, reduce it to zero. |
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v b
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At around $40K, the W-4 stops working. The system assumes you can itemize... (Yes, I think the system should not make assumptions, and it's even worse if you have 2 jobs or are married!)
Change the W-4 to single 1 and you should be fine. You can also leave the W-4 at single 2, then check the 2008 withholding calculator once or twice a year and just tell payroll to withhold another $50 a paycheck to bump the withholding up. |
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cynic47
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Unfortunately, the W-4 instructions cannot determine exactly the right amount of withholding for each individual's different circumstances. Those instructions are more "suggestions" than "requirements." There is no problem or IRS penalty associated with entering fewer withholding allowances on the W-4 than the instructions suggest. In the 25% tax bracket (where you probably are), claiming 1 instead of 2 withholding allowances will increase your withholding during the year (and decrease your tax due in April) by $875. A drop to zero instead of 2 withholding allowances will increase your withholding during the year (and decrease your tax due) by $1,750. |
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nova_queen_28
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You are following the instructions on your W4 correctly.
That is also your problem.
I have seen this happen over and over to people. They follow the instructions, add up to 2, and end up with not enough taken out of their paychecks so they owe at the end of the year.
You shouldn't bother filling out the silly form and just put a 1 or 0 in the # of exemptions box at the end.
It really is a problem that the IRS created with that form. It really forces people who follow the directions to claim too many exemptions. |
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Beverly S
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Claim single zero. They will take the max out. The W'4 is just something to work from, not very reliable. Or you could claim 1 allowance & see how that works. If you don't want to have to pay at tax time you need to decrease the allowances for sure.
Good luck! |
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honey
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When you're single with no dependents and claim 2 allowances, that means the employer did not withheld enough during a year. That's why you still owe.
Also, it looks like you're doing your taxes yourself. A CPA would find the ways to offset your tax liability/. |
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