Can you prepay federal income taxes?
Yes, you can prepay federal income taxes through estimated tax payments. Generally, you're required to make estimated tax payments if you expect to owe at least $1,000 in tax for 2009 (after subtracting credits and withholding) and if your withholdings and credits are expected to be less than the smaller of 90 percent of the tax on your 2009 return or 100 percent of the tax on your 2008 tax return. Estimated tax payments are paid quarterly (every three months). You can make estimated tax payments by check or money order attached to Form 1040-ES (Estimated Tax Payment Voucher). Or you make an electronic payment by enrolling in the Electronic Federal Tax Payment System (EFTPS) at www.eftps.gov or calling 1-800-316-6541 (for individuals) or 1-800-555-4477 (for businesses). Or you can make electronic payment by Electronic Funds Withdrawal (EFW). Or you can make electronic payment by credit card. But a convenience fee is charged for this option. If you receive salaries and wages, you ask your employer to withhold more tax from your earnings by fiiling a new Form W-4 with your employer and entering the additional amount to be withheld on Line 6 of that form.
6 people found this useful
Taxes are used to pay for all the services and obligations of the government they go to. Some are earmarked for certain things, (like social security payments), some are put …in a general fund, where they are used for many things (paying for the armed services as an example, aid to the needy, maintaining property, etc). The government does not make money in the sense a business does. it cannot really turn a profit....as it only has expenses it must pay. If it has extra income from taxes (which generally doesn't happen), it would use those funds to lower taxes the next year.
how can i find how much i have paid to the irs and/or how much iowe
The Personal Income Tax Law is wholly constitutional and conformsnicely with the constraints of the Constitution. The above answercorrectly points out that jails and prisons a…re filled with peoplewho foolishly argued that income taxes are unconstitutional. TheSupreme Court has consistently ruled that both the 16th Amendmentand the revenue laws are constitutional and each time they haveruled correctly. It is unfortunate that there are people in jailbecause they instinctively knew something was wrong with theimplementation of these revenue laws, but they are in jail becausethey did not take the time to learn the law. Everyone is presumedto know the law, including the person who answered above. Are allpeople who earn income subject to the Personal Income Tax Law? It doesn't help that there is nothing but confusion andcontradiction in the lower courts about what the Supreme courtactually said about income taxation. That there is so muchconfusion amongst the lower courts is ample evidence that therevenue laws are next to impossible to understand and as such itwould be next to impossible for any prosecutor to prove that anindividual who stands tall and refuses to enter a "tax court",refuses to make any plea until he can understand the law thatsupposedly made him liable for a tax and subject to that law isactually guilty of committing any crime. If you don't understandthe law how can a prosecutor prove mens rea? A law must bewritten so that a person of average intelligence can understand it.Albert Einstein once said the Internal Revenue Code is the mostcomplex system he had ever encountered. If Albert Einstein hastrouble understanding the code why would you trust any old judge orgovernment official to understand it any better? The taxation and revenue laws may conform to constitutionalrestraints but that doesn't make them good laws. They must be ableto be understood with out the "aid" of a "tax expert" or "legalexpert" or "tax lawyer". Walk up to a criminal defense attorney andask him what the subject of the income tax is and he will refer youto a tax attorney. Even lawyers can't understand this law. This isevidence of horrible legislation and it is sad that people who areor who hope to earn a living by "aiding" people in their taxcompliance can be so smug about decent Americans who had thecourage to stand up and challenge these laws. It was not that theywere statutorily liable for a tax that put them in jail. It wasthere own hubris that put them in jail. Instead of correctlypointing out that the law was just too hard too understand, theywant to show the courts all they have learned and insist that theydo indeed understand the law. That assertion is as good asadmitting liability and that's what put them in jail, not thestatutes or revenue codes. Very solid reasons why the Federal Income Tax is 100%Constitutional 1) The Constitution gives Congress the power to lay and collecttaxes. 2) The "necessary and proper" clause of the Constitution (Art. 1Section 8, cl. 18) gives Congress the power to make "all Laws whichshall be necessary and proper for carrying into execution theforegoing powers." 3) Those "foregoing powers," once again, include the power to layand collect taxes 4) In Article 9 Section 1, many people believe the language stating"No...direct Tax shall be laid, unless in Proportion to the Censusor Enumeration herein before directed to be taken," means that alltaxes must be apportioned. This is incorrect. The sixteenthAmendment to the Constitution scraps that idea with this language,"The Congress shall have power to lay and collect taxes on incomes,FROM WHATEVER SOURCE DERIVED, WITHOUT APPORTIONMENT AMONG THESEVERAL STATES, and without regard to any census or enumeration."(Emphasis added, duh.) The 16th Amendment is just as much part ofthe Constitution as the 1st Amendment. Read it. 5) For those who argue that "the 16th Amendment wasn't evenratified by six of the states." Please read Article V of the USConstitution. You only need 3/4 of the states to ratify a newamendment before it becomes law. 42 of the 48 states at that timeratified this amendment. Simple math will undoubtedly lead you tothe conclusion that 42 is indeed at least 3/4 of 48. 6) In addition to the text of the Constitution itself, there havebeen some notable Supreme Court decisions on this issue. One isBowers v. Kerbaugh-Empire Co. The holding in that case, articulatedby Justice Butler, clearly states "It was not the purpose or theeffect of that amendment (the 16th) to bring any new subject withinthe taxing power. Congress already had the power to tax allincomes. But taxes on incomes from some sources had been held to be"direct taxes" within the meaning of the constitutional requirementas to apportionment. [cites omitted] The Amendment relieved fromthat requirement and obliterated the distinction in that respectbetween taxes on income that are direct taxes and those that arenot, and so put on the same basis all incomes "from whatever sourcederived". (Copied from another website and verified in a con lawtextbook) Other cases to look at are the Penn Mutual Indemnity case, and themore recent Murphy v. Internal Revenue Service and Commissioner v.Glenshaw Glass Co. Wikipedia generally has very good pages onSupreme Court cases and trust me it is easier than reading aConstitutional Law textbook. 7)Something that should carry quite a lot of weight in evidence isthe fact that no judge and very few lawyers would ever argue thatthe income tax is beyond the scope of the Constitutional powersgiven to Congress. Why is this? Because judges tend to be verysmart people who have studied these things far more closely thanthe vast majority of non-law professionals. And lawyers tend toonly bring cases that have a legitimate basis for recovery. If theywaste the time of the court with challenging the Constitutionalityof the income tax, they can be sanctioned by the judge. This is aserious issue that lawyers always must consider when filing acomplaint. They ask themselves, is this case a legitimate issue offact or law for a judge or jury to decide on? If they think theanswer is "no" then you sure as hell aren't going to court. Thefact that this is rarely challenged in court is testament to thetruth that it is established law in this country, recognized assuch by the very community we entrust with best knowing the law-judges and attorneys. 8) The fact that many people serve prison terms for failing to paytheir taxes is further evidence that the law takes taxationseriously. Do you really believe that all three branches ofnational government AND your local police force AND your statelegislators are all in on some giant Income Tax conspiracy to robyou of your earnings? Well, if they are, it's totally legal, toobad. If you are slightly more balanced, perhaps you realize thatit's legal anyway and that is why it isn't challenged bylegislatures or courts. 9) Is the tax code convoluted? Yes. Is it indecipherable? Not tosome people, obviously, since my accountant seems to get my taxesdone without the IRS hassling me. Is it illegal? Not likely, but goahead and try fighting it if you feel it's worth your time. Franklythere are more important issues in the world that you could affectpositive change in right now, instead of trying to wriggle out ofpaying taxes. So get out there! And don't forget to read!
In the US, 15 April is the magic date.
In the War of 1812, the U.S. first considered an income tax, but the war ended before the tax was officially created. But, during the American Civil War, the first U.S. income… tax was created, but this one was meant only as a temporary measure to help pay for the war. It was repealed in 1872.
1862 - President Lincoln signed into law a revenue-raising measure to help pay for Civil War expenses. The measure created a Commissioner of Internal Revenue and the nation's… first income tax. It levied a 3 percent tax on incomes between $600 and $10,000 and a 5 percent tax on incomes of more than $10,000. (Quoted from IRS.gov)
It is allowed by the Constitution. Essentially the system to enforce and handle the Tax Laws themselves - were passed after much debate and discussion by the elected members o…f Congress and signed by the President. They still make changes to it, very frequently, under the same process.
Income tax was instituted on July 01, 1913
Yes if the meet the must file a tax return requirement of having to file your tax return. A self employed taxpayer would be required to file an income tax return if business… operation had a net profit of 400 and pay the social security and medicare taxes that would be due plus any income after adding the net profit to all other gross income on the 1040 tax form and the amounts would be subject to income tax at the marginal tax rates. A dependent on another taxpayer income tax return with unearned income interest, dividends, capital gains, rental income, taxable social security benefits, unemployment compensation, gambling winning and misc income, etc of more than 950 must file an income tax return and report all worldwide income on the 1040 tax return For more detailed information on filing requirements go to www.irs.gov and use the search box for 1040 choose 1040 instruction and go to page 7 through page 9 The 2009 book is not available at this time. http://www.irs.gov/pub/irs-pdf/i1040.pdf And of course you do not want to forget the state as they could have different filing requirements and possibly some benefits you could be entitled to if you were to file a tax return with them
By using the search box at the IRS gov website and choosing the 1040 federal income tax return instruction that you will need to use and start reading. You can use the search …box for each form and then choose the instructions to start with. If you want to study and possibly learn how on the IRS gov website use the search box and type LINK AND LEARN TAXES This fun, interactive course teaches you the basics to accurately prepare 1040, 1040A and 1040EZ income tax returns for individuals AND obtain your volunteer certification along the way-at your own pace!
the tax law has been amended in 1913 i think- but in order for it to become law - it had to be ratified by the states - which up to today - this Gov. of ours and the IRS has n…ot show the American people the document which proves its been ratified into law - they say it was and they say it is - and it shows on the constitution - but the actual document which shows the states that ratified this amendment - no one has ever seen it - that to me proves that its not a legal law - and the supreme court has ruled in many cases that it is unconstitutional - an American citizen is not required to pay income taxes on wages earned - -- to understand this - you really need to learn the history of this country - do research on it and come to your own conclusion - did you know that by signing the 1040 tax return that everyone is made to belieave that you have to file - the moment you sign that form - you give up your 5th amendment rigths - i never knew this before either - there is alot WE THE PEOPLE DONT KNOW - and they like to keep it that way - do the research - The answer above...is completely ridiculous. The Supreme Court has not "ruled in many cases" that the Federal Income Tax is unconstitutional. I defy the author of the answer above to name just one instance in which a US citizen has been deprived of their fifth Amendment rights (right to due process of law, to not incriminate yourself through testimony, right to a Grand Jury for capital crimes, freedom from double jeopardy) because they filled out a 1040 tax return form. That idea is, quite literally, incredible. The author above advises you to do the research, but provides none of his own for you to double check. Please don't take my word for it that the Income Tax is as legal as baseball, check my facts. I have actually provided you with... Some very solid reasons why the Federal Income Tax is 100% Constitutional 1) The Constitution gives Congress the power to lay and collect taxes. 2) The "necessary and proper" clause of the Constitution (Art. 1 Section 8, cl. 18) gives Congress the power to make "all Laws which shall be necessary and proper for carrying into execution the foregoing powers." All laws, limited only by the words "necessary" and "proper." Congress has a lot of power. 3) Those "foregoing powers," once again, include the power to lay and collect taxes. 4) In Article 9 Section 1, many people believe the language stating "No...direct Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken," means that all taxes must be apportioned. This is incorrect. The sixteenth Amendment to the Constitution scraps that idea with this language, "The Congress shall have power to lay and collect taxes on incomes, FROM WHATEVER SOURCE DERIVED, WITHOUT APPORTIONMENT AMONG THE SEVERAL STATES, and without regard to any census or enumeration." (Emphasis added, duh.) The 16th Amendment is just as much part of the Constitution as the 1st Amendment, regardless of when it was passed or which bankers someone thinks pushed it through. The fact is that it was passed, ratified, and unchallenged by the Supreme Court, which has the power to overturn legislation it deems unconstitutional (see Marbury v. Madison). 5) For those who argue that "the 16th Amendment wasn't even ratified by six of the states." Please read Article V of the US Constitution. You only need 3/4 of the states to ratify a new amendment before it becomes law. 42 of the 48 states at that time ratified this amendment. Simple math will undoubtedly lead you to the conclusion that 42 is indeed at least 3/4 of 48. As to the author above stating that the document itself does not exist...http://en.wikipedia.org/wiki/File:16th_Amendment_Pg1of1_AC.jpg How about checking the NATIONAL ARCHIVES? Have further doubts? Check out this case from 1985, which slaps down every single argument against the 16th amendment that is generally advanced by tax protesters http://www.quatloos.com/taxscams/protcase/house.htm Hmmm, maybe I should find a link to that case that isn't on a tax protest website...Sorry, it's been 100 years, the ink is well dry on the page, this amendment is going nowhere. Get over it. 6) In addition to the text of the Constitution itself, there have been some notable Supreme Court decisions on this issue. One is Bowers v. Kerbaugh-Empire Co. The holding in that case, articulated by Justice Butler, clearly states "It was not the purpose or the effect of that amendment (the 16th) to bring any new subject within the taxing power. Congress already had the power to tax all incomes. But taxes on incomes from some sources had been held to be "direct taxes" within the meaning of the constitutional requirement as to apportionment. [cites omitted] The Amendment relieved from that requirement and obliterated the distinction in that respect between taxes on income that are direct taxes and those that are not, and so put on the same basis all incomes "from whatever source derived". (Copied from another website and verified in a con law textbook) Other cases to look at are the Penn Mutual Indemnity case, and the more recent Murphy v. Internal Revenue Service and Commissioner v. Glenshaw Glass Co. Wikipedia generally has very good pages on Supreme Court cases and trust me it is easier than reading a Constitutional Law textbook. 7)Something that should carry quite a lot of weight in evidence is the fact that no judge and very few lawyers would ever argue that the income tax is beyond the scope of the Constitutional powers given to Congress. Why is this? Because judges tend to be very smart people who have studied these things far more closely than the vast majority of non-law professionals. And lawyers tend to only bring cases that have a legitimate basis for recovery. If they waste the time of the court with challenging the Constitutionality of the income tax, they can be sanctioned by the judge. This is a serious issue that lawyers always must consider when filing a complaint. They ask themselves, is this case a legitimate issue of fact or law for a judge or jury to decide on? If they think the answer is "no" then you sure as hell aren't going to court. The fact that this is rarely challenged in court testifies to the truth that it is established law in this country, recognized as such by the very community we entrust with best knowing the law- judges and attorneys. 8) The fact that many people serve prison terms for failing to pay their taxes is further evidence that the law takes taxation seriously. Do you really believe that all three branches of national government AND your local police force AND your state legislators AND also some shadowy monopolists are all in on some giant Income Tax conspiracy to rob you of your earnings? Well, if they are, it's totally legal, too bad. If you are slightly more balanced, perhaps you realize that it's legal anyway and that is why it isn't challenged by legislatures or courts. 9) Is the tax code convoluted? Yes. Is it indecipherable? Not to some people, obviously, since my accountant seems to get my taxes done without the IRS hassling me. Is it illegal? Not in the slightest, but go ahead and try fighting it if you feel it's worth your time. Frankly there are more important issues in the world that you could affect positive change in right now, instead of trying to wriggle out of paying taxes. If you enjoy all the freedoms of the Constitution but reject the idea of paying taxes to help ensure them, as is required of you by Congress under the authority of that same Constitution, you'd have to be a pretty conflicted person. So get out there and fight against real oppression!
You would be the only one that will have all of the necessary information to determine this answer. A self employed taxpayer would be required to file an income tax return i…f business operation had a net profit of 400 and pay the social security and Medicare taxes that would be due plus any income tax that may be due after adding the net profit to all other gross income on the 1040 tax form and the amounts would be subject to income tax at the marginal tax rates. A dependent on another taxpayer income tax return with unearned income interest, dividends, capital gains, rental income, taxable social security benefits, unemployment compensation, gambling winning and misc income, etc of more than 950 must file an income tax return and report all worldwide income on the 1040 tax return The must file an income tax return requirement for the year 2009 would be in the 2009 1040 instruction book starting on page 7 through 9 and the book is available at the enclosed web site. Go to the IRS gov web site and use the search box for 1040 and choose instruction Filing Requirements Do You Have To File Go the IRS gov web site and use the search box for Publication 17 go to chapter 1 Do I have to file a Tax Return? ans Simple Common Sense: It really makes no difference since the only time you actually do WANT to file is when the IRS says you don't have to! They don't do that because it's good for you. They do it because it is more likely to be good for them. Certainly if you don't have to file, NOTHING BAD, in fact only good things, can happen by doing so. Federal Taxes are the same throughout the country. State tax laws are specific to each area. Whether you have to file a tax return (or pay tax) depends, in part, on your filing status, deductions, amount & type of income. There are no such things as "start and stop" ages, not having to pay because of retirement or on social security or working from home or a student. It is all addressed as a matter of"how much TAXABLE income." (Note: working isn't relevant either, as many people who don't work or are retired, or disabled, or old, or young, or in school, have income from many sources: savings, investments, etc. TAXABLE income is different than what you may otherwise think of as income. In most circumstances, you have to do many of the calculations needed to file a return, just to determine what taxable income may be). Likewise, there are no special or fixed rates for retired, student, doctor, sanitation worker, President, convict...whatever. The amount of taxable income after applicable deductions and adjustments determines the rate applied to your particular situation. The rate, as well as the amount, you pay changes as the amount of income does. You must file a tax return if you had net earnings from self-employment of $400 or more. This is your total self-employment income less the expenses paid in operating your trade or business, multiplied by 92.35%. If you weren't self-employed (meaning paid on a 1099 or ran your own business) then you would always want to file a return to claim the amount withheld and shown on your W-2. Which with lower incomes will always be refunded to you. If you are an individual who may be claimed as a dependent on another person's return, you are subject to specific filing requirements. Refer to the instructions in your tax package or refer to Publication 929, Tax Rules for Children and Dependents, or Publication 501, Exemptions, Standard Deduction, and Filing Information, for the filing requirements for dependents. All available at www.IRS.gov You must file a tax return if you received any amount of advance earned income credit payments from your employer during the year, or if you owe any taxes, such as: . social security tax and Medicare tax on tips or group life insurance, . alternative minimum tax, . tax on qualified retirement plans including an Individual Retirement Account, or other tax-favored account, . tax from recapture of an education credit, investment credit, low income housing credit, federal mortgage subsidy, qualified electric vehicle credit, or the native American employment credit. Generally, you must file a tax return if you are a nonresident alien with income from sources in the United States. For more information on nonresident aliens, select Topic 851 at the IRS website. Even if you are not required to file a tax return, file a return BECAUSE MANY, LOW INCOME PEOPLE HAVE MANY BENEFITS COMING THAT ARE KEYED TO FILING A RETURN. (Like stimulus checks). Also, the Statute of Limitations for when the IRS can no longer ask you questions about your affairs for a year only STARTS to run when a return is filed. Not filing, and they can bug you, (and assess a tax) for forever! You can file for free at the www.irs.gov site too! See http://www.irs.gov/pub/irs-pdf/i1040ez.pdf.
The total amount of your federal income tax that is due for the calender year taxpayer is usually due to be postmarked before MIDNIGHT April 15 of the year after the tax year …that the 1040 federal income tax return is for. After that due date penalties and interest will start to be added to the amount of past due taxes until the amount is paid in full.
federal income tax people
In Income Taxes
Federal Income taxes are used to pay for every type of payment thatthe Federal Government makes. This includes Military, HomelandSecurity, Federal employees, Social Security, …Medicare, FederalParks, College and School Costs, Food Stamps, all Federal WelfarePrograms, all Federal Departments, and everything else paid by theFederal Government including foreign aid. All these expenses andothers are paid from income taxes and other taxes and fees.