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 Can the government garnish my fed tax refund check ?
I have some federal college loan's. I haven't paid on them yet, but it hasn't been a year since I received the loans. So this tax season, do you think they would take my tax refund ?...


 Where is My Tax Refund?
So, Tax Act tells me my refund should be deposited on 1/25 which was last friday. The IRS says I should have it by 1/29, which is today. Im irritated becuase I dont know if there is sometign wrong ...


 Should Federal Income Tax be abolished along with the IRS?
...


 UK £50 billion quid for the banks and poor people to pay more tax?
Considering that in previous (recent) years banks have shown INCREDIBLE record HUGE profits, what are we supposed to make of it all? Do we expect the govt to bail us out when we default on mortgage / ...


 How much can I have in savings and still claim jobseekers allowance? (UK)?
Just been made redundant and will be signing on... Wondering what, and if, I'll get anything...

Anyone know?

Regards,

...


 In the UK, why are road tax discs round? I know they are called discs because they are not square.?
But why have they always been circular? It wastes paper and the Post Office could get more in a book if they were square. And despite the perforations, its still tricky getting the disc out....


 Is social security taxed, even if I pay taxes to get that benefit?
...


 Why are tax returns taken when you owe back child support in Texas?
My brother owes $30,000 in back child support in Texas and wants to know if the state taking his tax refund constitutes a payment (credit) towards his monthly payment or is this just a method to get ...


 Are state and local sales taxes deductible?
...


 I didn't file my taxes last year. What do I do?
I worked part-time in 2005, earning about $3000. I foolishly didn't file my taxes. What is the best way to make amends? Can I just use last year's W2 in conjunction with this year's ...


 IRS question about a letter I rec'd..Please read!!?
When I rec'd all my documents from my job to do my taxes (i did the 1040ez), at first I was going to do it online, but decided to do it myself usuing the form and mail it in. I did it early and ...


 In the UK if a debt is sold to another company are you still liable, are you still obliged to pay?
A company has purchased a debt from a bank I used to use, am I still liable as I have no agreement with this new company. Would I have to pay the full amount despite the fact that the new company ...


 Direct Depositees: Have you gotten your Stimulus check yet?
...


 Council house and work full time?? uk ?
if ur registered as a homeless single father/mother of one and are awaiting for a council house, would they no longer give you the house if you found a full time job earning 18k or more a year? (...


 Can I FedEx my Federal Tax Return to the IRS?
...


 As an independent contractor, what percentage of my earnings should I set aside for taxes?

Additional Details
This is for part time work on the side. I have a regular part time job, so my earnings will probably be less than $10,000 a year....


 If I owe state tax to one state and I moved out of that state and moved to Texas. Do I still have to pay?
Or how can I AVOID PAYING?...


 OK, I am claiming the 'standard deduction.' Does that mean I can NOT claim anything else?
What about things like medical ...


 My mom died, I paid off her debts, can I write it off for taxes?
My mom passed away this year, and I spent about $10k in my own money to pay off her credit card debts, etc. since my dad could not afford to. I spent about $9k of it for 3 credit cards, and $1k for ...


 Working tax credits in uk,i was overpaid by £800 in the year 2004,now they say i must pay it back,do i have to
do i have tp pay it back i thought the government a few years ago waived all overpayments,as it would cause familys hardship,...



Luz M
Will I get in trouble with the IRS if I've been married for 1.5 years but my W-4 status is still "Single"?
I filed my 2005 taxes "Married filing jointly" without changing my marital status on my W-4 from "Single."
                     
 




fuddlynn
Rating
Nope, not at all.

This filing status only affects what they take out of your paycheck every week and does not affect your annual taxes owed.

It most likely will give you a larger refund because they tax you more as a single person throughout the year, than they would if you were listed as a married person so at the end of the year you would be entitled to a refund of the over paid money.

I would still correct the problem though since you don't want to be loaning the money to the government interest free all year.


Keith Perry
Rating
The W-4 is not turned into the IRS. This is just for your employer to take out allowances on yourself.

The W-4 is just taking out money of your paycheck to cover your taxes at the end of the year. If you file single or no dependents then you are having the most amount of allowances taken out of your check. This could lead to a bigger refund to you at the end of the year.

If you add more and more dependents to your w-4 you will have less taxes taken out on your paycheck but... that means less money put in your allowance. When taxes are filed you may not have enough to cover the taxes and this is when some people have to pay money back at the end of the year instead of get a tax refund.

I do payroll for a company and I can assure you the W-4 is only for employer use.


hawkthree
Rating
No. The W-4 is just used to estimate the amount of taxes you should owe to the IRS. The employer then takes out the amount of taxes you have estimated using the W-4.


Miguel
Nope, you won't be in trouble. The W4 doesn't even get submitted to the IRS unless you have a huge amount of exemptions (like 10+). You are perfectly free to withhold at the higher single rate if you choose. On the plus side of this, you should get a better refund in the spring. The negative side is you are making an interest free loan to the federal government.

FYI - you can change your W4 anytime you want as often as you want. You might annoy the payroll department though!


misslabeled
No, that doesn't matter. What your W-4 does is tell your employer how much tax to withhold from your paycheck. As long as you end up paying the correct amount at the end of the year, it's all good. But you should change your W-4.


Zelda
No, they just take out more taxes. My husband claims married and ten (yes 10!) so they take even less taxes. It is your duty to make good with the IRS at the end of the year.


Biskit
Rating
No. The W-4 just dictates how much of your paycheck goes towards your federal taxes. In this case, your refund check should be bigger.


in love with superman
as long as you file your tax return the correct way you are fine. They do not check your status on the 1040 to the w4.


ceprn
No. The W-4 is only used for estimated withholdings; it has nothing to do with your actual taxes.


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