 Y is every thing goin' up? |
| Y is gas prices, food prices, and everything else going up? Y do the charge more taxes. Gas used to b like $1!!Cuz soon gas is going to go up 2 $5. And food goes up EVERY single week!! Wats up wit ... |
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 Income tax question? |
| We just did our taxes this week but when we send them in the mail two days after we got a income form that we forgot to report it is just 95 dollars do you thinks we need to do them again or is not ... |
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 How can I minimize taxes owed for 2006? |
| After completing my 2006 Federal taxes, I owe $1,000. Can I invest this money in my retirement instead of paying the government? If so, how and when is the deadline?... |
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 Why shouldn't we pay more in taxes to help the less fortunate? |
| The best answer(s) will not only get the points but will be used in my presentation tomorrow.... |
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 Legal Methods of Tax Avoidance as Protest? |
| First off,I don't believe or support the war in Iraq (never did, never will), and now my state legislature is looking at using some taxpayer money ($2 million in a state with population under 1 ... |
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 Payroll Tax mistake.... MY Fault come tax time? |
| I started working at this company in March. I filled out my W-4 correctly and turned it in. I never really payed attention to it on my pay stub, but in September, I realized that no Federal Tax was ... |
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 Last year my husband was employed at this company for 1yr? |
| Okay so he was an employee there and they never deducted social security or any taxes whatsoever so when he filed his taxes for that year the paperwork that was done was a self-employed is that the ... |
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 IRS bill because of an error made by my tax preparer who disappeared. Now what? |
| I received a bill for over $1500 due to some error that the person who prepared my taxes made. She has disappeared and is nowhere to be found. She also made a similar error on my brother's ... |
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 I e-filed my fed tax return 5 weeks ago. Not yet get it. What should I do? |
Additional Details
I got notice from IRS today. The delay was due to my bank rejected the fund transfer request from IRS. They are going to mail me a check in 3 weeks.... |
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 Who's responsibility is it to make sure enough tax is withheld from an employee's paycheck? |
| A friend of mine didn't have enough money taken out of her check and now owes the IRS about $700. She filled out her W-4 correctly to have the deductions withheld but her employer failed to ... |
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 Stupid TAXES!!? |
| this week I made $463.50 this is my first pay check.. how much will it be after taxes?... |
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 Okay So I owe the IRS.......? |
| I figured they would take my rebate check(stimulasis) Because they took my federal and I still owe them like 900 dollars but I got a paper in the mail saying they were sending out my check by 6/20 ... |
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 Should I go to an accountant or get a program to do my taxes? |
| I just opened a small business in May (yea!) as a sole-proprietorship. I've spent a ton on business related items to get me started. The only thing I've done with taxes is file my sales tax ... |
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 How many hours a week can i work before i have to pay income tax? |
| If i am working 2 part time jobs, how many hours can i work before i pay any tax?... |
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 Why doesn't the IRS make strippers pay taxes on their tips? |
| Why doesn't the IRS make strippers pay taxes on their tips, but cracking down on these poor Dunkin Donuts and other minimum wage employees? Does anybody know?... |
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 Why haven't I received my stimulus check yet? |
| My wife and I filed a joint return. We used TurboTax, but we had to pay in this year, so we mailed all the information along with a check to the IRS (and did so on April 14). Last two digits of her ... |
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smartmommy | Why does the IRS pay people more than they pay in? this is fraud? |
i believe you should only get back up to the amount you pay in. unemployeds or low income people get back plenty, thousands---while those of us who work everyday pay out of our checks and at tax time
Additional Details
no- you just arent getting my point and i am NOT IGNORANT by any means.
my husband and i both work, middle class family income. our only dependent is in college and files on her own because she has a job. we have no dependents to claim, however we take care of her expenses. hubby is also a full time college student at night. we did not have to pay much, but we used a tax specialist and it came out that we owed a little. HOWEVER, two girls i work with received 4K and 7K dollars each from the IRS. I saw the bank deposits. they showed me. I about fell out in the floor. MY POINT IS, if u r not on the receiving end- answer this question. how do you feel about paying taxes all year, and someone getting a couple of thousand dollars back when they didnt pay in but around 800-900? again, you should only get back up to what you have paid in. ITS NOT FAIR to pay people - Tax filing wasnt meant to be an income, its meant to pay taxes on what you make- |
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Yote'
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Y'know, I have often wondred that myself, how people who pay little to no income tax seem to get huge refunds year after year, QUITE OBVIOUSLY MUCH MORE THAN THEY PAY IN.
FLAT TAX NOW! |
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Judy1
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The Earned Income Credit is yet another example of the tax system being used for something other that tax collection. It isn't a matter of fair or not, it's what congress has passed into law. |
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Rigo
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If you're continually having to owe in at the end of the year, then you might be doing your taxes wrong and not declaring correctly, or you're not taking advantage of deductions that you could be getting. |
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Dustin
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haha, maybe you should check out http://www.fairtax.org. They are trying to push a major tax reform and are gaining 100k signatures before april 15th. |
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might help
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ok, well first of all I receive earned income. I do not understand why you wouldn't claim your daughter, and her college expenses? You CAN claim her exemption and her schooling. She can still file. Depending on what kind of money she makes. It might be best to have it figured both ways to see what is best for you. I hate to say that maybe you need to also rethink your own tax deductions. If you owe money at the end of the year, make sure you are not claiming to many exemptions on your paycheck. There are many clients that I see have this same problem, but, they find out what helps them and then next year is better. DO NOT go to H/R Block, find and independent person who will be more willing to help than to take you for every dime they can suck out of you. Call around and check prices. Also, if you are having financial problems because of all this, your daughter should think about taking out some school loans. She will not have to pay them back up front, and later she will get some credits for interest paid. You need someone to sit and go through it with you |
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Celeste
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Arguing about this subject is a moot point. However, EIC is called EARNED INCOME CREDIT for a reason. I work and make a decent living and pay taxes like everyone else. I just happen to get the CTC to eliminate any tax, plus get a little extra. So how is it fraud? If the government offers this credit and you qualify, why not take it? Besides, all that money goes back into the economy by buying clothes, furniture or paying off bills to free up their regular paycheck...etc.
If you're unemployed or get welfare, you don't get EIC, period!
It's so funny that everyone that's against getting EIC are the ones that don't get it. I'm sure if they got a couple of thousand, heck, even just an extra few hundred, they wouldn't complain.
So, please tell me, when we get this stimulus check in May, what are you going to do, write on the evelope "No Thanks" and give it back? I mean, you will be getting MORE than you paid in. |
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tyesha97
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Have you ever stopped to think that you are more well off than low-income and single parent family's. While you are driving your nice cars and eating at restaurant's that low income and single parent homes only dream of doing, in my opinion these families deserve every penny that the IRS gives and to inform you this is free government money they only get a couple of HUNDRED dollars for taxes, they give you earned income credit because it is just what it says EARNED INCOME CREDIT!!!!!!!!!! something that helps out the struggle that they go thru all year long. |
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rtfm
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Anyone who thinks low-income people make "thousands" from their tax breaks is sadly misinformed. The average low-income single parent who's trying to work and support a family at the same time might get a tax "break" of a few hundred dollars compared to someone who's in a two-income family or doesn't have any children to support.
And believe me, the expenses and the effort and the struggle involved in working and taking care of your family all by yourself are *far* greater than any possible benefits from any tax break that could ever be claimed. |
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*Nicknames [are so over-rated]*
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Your ignorant. You want to know why? My mom is low income and she busts her *** off everyday, probably harder that you ever had to work in your life, just to get by. My mom deserves every penny she gets. |
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mharmond77
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I agree with you 100%. Im tired my sister running around and bragging on how she gets back 7k and only worked 6months. I understand she is a single mom, but she didn't pay in 7k. On top of that She starting working at a Local factory which pays very well and as a temp she makes more than I do. I have been in Retail management for 7yrs. Then her boyfriend moves in with her and he is a permanent employee at the same place. She receives food stamps and section 8 pays all her rent . |
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Miss Cheryl
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I agree. Something has gone way wrong with Earned INcome Credit. People can pop out a couple illegitimate kids and get paid thousands at the end of year without paying anything. While those of us who work there are no incentives to work, pay bills, live within your means, pay your mortgage, your car insurance, take care of yourself, stay out of trouble and off drugs, and be a model citizen. The incentives comes to those who are lazy and don't want to work, who just want to have sex and do drugs and pop out babies, don't pay bills, mortgages, insurance, let the government pay for the utilities, medical insurance, food stamps, money assistance, and then on top of all that they get a huge check at the end of the year called EARNED INCOME CREDIT. HOW DID THEY EARN IT!!!!!!! Something has definitely gone wrong in our socieity! |
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