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Do you have to pay taxes on money being paid back to your employer?
Wiki User
∙ 15y ago
Depends on what the payback is for...if it for an overpayment of wages that were taxed when mistakenly given to you, you would not pay tax on that.
Wiki User
∙ 15y ago
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Should I get a lawyer if my employer is being ordered by my state's labor department to pay back taxes because of me?
If your employer is being ordered by the state's labor department to pay back taxes as a result of your employment it would be wise to get a lawyer.
Can an employer not hire due to bad credit?
If back taxes are owed, does this affect being hired?
Does an employer have to deduct taxes from a minor workers paycheck?
No The employer may not deduct taxes from your paycheck if you are under 18 unless you give them permission to do so, If they have done this to you make sure to talk to someone about it your entitled to get that money back.
What do you do if you lent your employer money and you were laid off?
If you lent your employer money and were laid off, you ask your employer for your money back! If you do not get it back you sue him in a court of law.
Can you get the money taking out of your check back when you quit a job?
Probably not. Your employer will not give you back the money taken out of your check for taxes. You may be able to get part of that back from the government when you fill out a tax form. Whether or not you will be able to get back other money depends on why it was taken out.
Incorrect federal taxes were taken out of my paycheck this year. Im being told i cannot get that money back because they have already reported it to the IRS is this correct?
If your employer overwithheld taxes from your wages, change your W4 to have less withheld until you are where you want to be. Your employer could get your withholding back by filing corrected Forms 941, but they are a major pain and I'm sure they don't want to do it. If the incorrect withholding is for 2007, it is on your W2 and will be rebated when you file your income tax return.
When do you get your income taxes back?
You get them back if you have overpaid your taxes. You get them back after you file a tax return. Of course, you can avoid overpaying your taxes in the first place. Then you wouldn't have to wait to get them back. Get a new Form W-4 from your employer's payroll or HR department and claim more allowances. Claim enough allowances to wipe out your overpayment. You will get back more in your paycheck every week instead of having to wait a whole year to get your money back.
How much will I get back in taxes from medical expenses?
You won't get money back in taxes, you will get to subtract your medical expenses from your taxes. This will lower the amount of taxes you pay.
How much money do you get back in taxes for being a college student?
There are other factors, such as how much you earned, whether someone can claim you as a dependent and how much money was withheld.
i have been paying state taxes ,double that is because my employer and me as the employer and the employee, what can i do to get some or all of this money back it isseems unfair on my part please help me?
Usually, bond is 10%, so $25,000. Might be different for a person who is deemed a flight risk.
When do the Christmas loans start?
WHEN do the loans start where you can get money on your taxes and pay it back when you get your tax money back?
Can you keep the money if an employer over pays you on your last check and what can they do to get it back?
no and just give it back to them
