 Tax return question? |
I am a 19 year old student, i made $7800 last year.
447 withheld in federal income tax
482 withheld in social security tax
112 withheld in Medicare tax
how much am i ... |
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| Does anyone know what time the stimulus will deposit Friday? |
| Our small local bank processes electronic deposits first thing in the morning so if the IRS is depositing Friday afternoon it will be Monday before it is credited to our ... |
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 Question about direct deposit tax refund? |
| Hi. I mailed my taxes in about a month ago. I didnt do them electronically. I checked the "Wheres my refund?" website yesterday and it said they have received my forms and are processing ... |
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 Can I deduct milage on my income tax return? |
| I am new to the field of merchandising. I travel to various stores within a 50-100 mile radius, stocking and servicing different products. I travel anywhere between 30 and 200 miles per day. Can I ... |
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 Labours tax fiasco. Will there decision to scrap the 10 per cent rate cost them the election.? |
The cleaner who i see briefly in the morning said she would be 30 pounds a month worse off.
I said funny that i am white male and single and earn 30k a year and will be 30 a month better off ... |
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 Can I claim my 2 kids on my taxes even though I don't work?? |
| I am a stay-at-home mommy of 2 and was wondering if I can claim my 2 children even though I do not have an income. My boyfriend that lives with us works, but he owes the state ALOT of money so he ... |
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 Can you claim a pet on your tax return as a dependant? |
| It is dependent on you for everything; you buy it food and clothing; you take it to the pet doctor (vet); when you travel, you buy them a ticket. So, if pets are dependants, they should be claimed so ... |
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 I have bought a car with the disabled tax disk.? |
| i know i must change it back to regular tax. there is a dvla centre in nottingham will they be able to do it all there for me if i take my insurance documents? also if i rng them in the morning will ... |
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 Did anyone get the wrong amount deposited from their stimulus tax payment? |
| I thought it was 600.00 per single person and 300.00 for each child. I have one child, so I should have received 900. But I only received the 600.00 for myself.????... |
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 I am 800 in arrears,for child support, can the IRS take that from my income taxes? |
| I do pay on a weekly basis, and I am ready to file my income taxes, I am just wondering if the IRS can intercept, if I get any money back? or does the arrears have to be over a certain amount before ... |
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 If I earn £15,000 p.a, what wil be my Tax? |
| I heard that there is a Tax Allowance of till £5000, so does that mean I will be taxed for the rest £10,000??... |
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 Earned income credit . can irs tell if baby is under 6 months old? |
| It says the child must live with you for 6 months, but on Dec 31st of this year my child will be a little over 5 months. Do you think i could still get the earned income credit, has anyone tried this,... |
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 If you are married, can either file their taxes as Head of Household? |
| Also, which is better to file...Jointly or Separately? My husband did not file for 2006 because the return said he'd get $ back but then it was rejected and said he owed about $1000...I would ... |
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 What I mean is when can you get the refund anticipation loan? |
| does it start this month, october, november...etc. we were just trying to see what month it starts....... |
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 I only got 600 for that stimulus payment but I have a 3 year old that I claimed as a dependent...? |
why didnt I get the extra 300? are they sending it seperately?
Additional Details
the site said i would get 900....... |
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taterbabie_4u | Why no taxes taken out? |
i have been at my current job for over a year and just recently got my w-2 and noticed on there that they did not take any federal or state taxes out so i called the district office where i work and they said that i had claimed three on my w-4 so they do not know why? can anyone help and what will happen when i do file my taxes? what about eic? i have two children and have always claimed 3...............
Additional Details
i get paid once a month where i work....my take home is about 834.00 and before taxes is about 1012.00...... |
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taximomuv3
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It depends on how much you made - if you claimed 3 and didn't make enough to have any taxes withheld, they wouldn't have withheld any income taxes, but they should have withheld Social Security and the rest - did they? The EIC is separate from income taxes - you can still get that credit even if you don't owe any income taxes, so file a return regardless. If you made enough to where your employer should have been withholding taxes and didn't, then I suggest you talk to that department and get it straightened out. They're probably not going to be real sympathetic as you've had over a year of paycheck stubs & should have noticed it before now.
Added: Just saw your additional comment. You don't make enough to have income taxes withheld, and depending on filing status (are you married filing jointly or head of household?) will qualify for the EIC and additional child tax credit as long as your children live with you. |
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john k
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Depends on how much Income was actually earned.
Most states though begin taxing at a much lower amount of Income then Federal does. But still it would depend on the Income and which State as far as State withholding are concerned.
I would hope they did Social Security withholdings though
Also their is a Difference if you Claimed Married (M3), or Single (S3), as to where taxes would begin.
For federal you would have no taxes, if you can claim yourself + 2 dependents untill you are above $15550 dollars of Income atleast |
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Hayley
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have you looked at your last paystub... was the amount too low for taxes... ??? it would depend on what you were making.. you should be ble to get EIC credit if your income was low ... and that might be why no taxes were deducted.. for instance if it was less than $100 a paycheck.. there are no taxes to deduct.. if you were making $800 a paycheck it would of been deducted... |
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Judy1
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Your income might be low enough that three allowances means that nothing would be deducted for income tax.
If you are claiming the two kids on your tax return, you are probably OK claiming 3 on your W-4. It depends on what your income is, but if it's low enough that claiming 3 resulted in nothing taken out, you are probably OK. If you are eligible for EIC (again depends on income), you'll probably still receive a "refund" check.
If you'll post again with your total income for the year, somebody can give you a closer answer.
I assume you are not married and filing a joint return - if you are, then your husband's income and withholding would have to be taken into account |
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bostonianinmo
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You probably didn't earn enough to have any tax taken out. Without knowing how much you earned, it's not possible to say if an error was made or not.
However if you thought something was wrong, you should have asked the first time you got a paycheck with no income tax withheld. It's far too late to correct an error now.
Edit: Assuming that you're a single parent with 2 kids, you'd have to earn more than $18,050 before you would owe any tax. That's why none was withheld. You should still qualify for the EIC and will get back a few thousand from that; I don't have the numbers handy. |
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Brian A
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You will not owe any taxes so none will be taken out. The standard deduction and personal exemptions for a single with two kids is well over your gross pay. |
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T
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You wages are probably not high enough on your schedule payment to be able to take any FIT. It is too hard to try to calculate what will happen unless you know everything that is out there. It is still possible that you will be able to take the EIC credit, and there are the credits that you get for the children too. It is also very possible that you may have exceeded the limit for the EIC and will not be able to take it. It is also very possible that not enough was paid into FIT and you will have to pay. You need to get all of your information together and take it to a tax person. That is going to be your best bet. I, personally, would change my exemptions to S/0 or S/1. But that's me. You could wait to see what happens with your taxes before making that decision. |
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rockstardom17
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best bet is legal advice... go to H&R block... just have a talk with one of the reps |
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