Income Taxes

Parent Category: Taxes and Tax Preparation
Taxes imposed by the government on the incomes of individuals or organizations, including capital gains
The middle class btween $50,000 and 75,000 $46,400 (2009 est.) ~ World Fact Book == Answer ==22,000- 24,000 a year The average annual income in the United States is around $45,000dollars. The average income in California is quite a bit more.
i do not know about it well but if there any box especially fornumber then obviously it should be filled for more details pleasecall or tell the person who provide you that form
If you are unmarried and at least 65 years of age, then you mustfile an income tax return if your gross income is $11,500 or more.However, if you live on Social Security benefits, you don't includethis in gross income. If this is the only income you receive, thenyour gross income equals zero, and...
You can get a tax refund (I think that's what you meant) if youpaid more taxes in than you owed. So, if you had no income, youwould owe no taxes and should get anything back you paid in. Ofcourse, if you had no income, how did you pay taxes?
The total of all 1098's; If you only have one ... then that total.
i know one maybe. it might be Fabianne Therese.
If they don't feel like they need it then they may feel guilty taking it. They may feel that the money would be needed more by somebody else.
Yes. It's up to you to keep up with your companies changingpolicies as long as they are paying you.
You can search and download at the IRS website
A layer or accountant.
I assume that you are located in the United States. You cannot file your taxes until January 31, 2015 for your 2014 tax return. That is the first day that the IRS will accept live tax returns. If you are talking about your 2013 tax return, electronic filing has ended on October 15, 2014. You have to...
Not if you do NOT have any other amounts of gross worldwide income from any other sources. If any federal income tax was withheld you could choose to the 1040 federal income tax return and get a refund of the withheld FIT amount.
No you don't, it is considered hobby money unless you made $5,000 or more, then you DO have to file.
You can pay it any way you want to pay it as far as the IRS isconcerned. Be vary careful with this though. Just because you payhalf of the total does not mean that you are not still equallyresponsible for the other half. The total debt is owed by bothparties. It is undivided debt so both of you...
The simple answer is yes. There may be cases or circumstances where you do not have too, but you will need to contact an accountant or tax professional regarding yours. Remember, no one ends up in hot water for overpaying taxes
what is the orgin of dark horse
It sounds as if you are asking about filling out your W-4 form foryour employer. In this case you may claim either of these, becauseit only determines how much withholding is taken out of your paycheck each pay period. Keep in mind that this will affect theamount that is paid on your behalf to apply...
Of course! Any income regardless of where it came from, is taxable income. Period.
This form is used most commonly to reportunemployment compensationas well as any state or local income tax refunds you received forthe year you are filing.l
Most likely. Just about every state will intercept federal and state income tax refunds for child support arrears.
Yes you can if you itemize your deductions. Union dues aredeductible as a Job Expense which is located on Schedule A of theForm 1040 of your Federal Income Tax Return.
I assume you are talking about your Federal Refund and not astate. It will depend on how you filed your return. The quickest byfar is through electronic filing. An electronically filed taxreturn will allow you to receive your refund within 21 daysaccording to the IRS. The real answer is that your...
Retained earnings is not a tax line issue. The only place on a taxreturn that retained earnings would be placed is on the balancesheet if you are required to include a balance sheet with yourreturn. Retained earnings is an account used to show the ongoingprofits and losses in a business and to...
Perhaps I can help you a little more if you explain or rephraseyour question a little more.
Fire them unless they have a family .
Yes, you can deduct them either as an itemized deduction if you arefiling a personal return, or if you are treating it as a businessyou can deduct them as an itemized deduction. The problem is that'snot very fun because most people typically take the standarddeduction. Maybe you were considering...
You would normally receive a notice from the financial managementservice (FMS) advising you of your refund garnishment.
You can file a return no matter what your income level is if youhave some reason to do so. With this amount of income you are notrequired to file but you can if you want to.
This depends on your filing status and number of dependents. SorryI couldn't give you an answer but I would need this information togive you a correct figure.
You net income is the amount listed in Box 1 of your W-2 form. Ifyou are self-employed you compute your net income by listing yourgross income and deductible expenses on your Schedule C of yourbusiness is a Sole Proprietorship and after deducting the expensesyou will have your net income.
Sure. If you have income, you are required to file income taxes.
I'm afraid you already answered your question. You called thememployees and employees must be given a W-2 form, and you areresponsible for paying your employer share of their SocialSecurity, Medicare, and Unemployment Taxes. Employees must betreated as such no matter how many employees you have. The...
In order to be a Foster Child since the IRS changed therequirement, the child must be placed with you by a Federal orState Agency. The child must also live with you for over half theyear and you must provide over half of their support. 5 months and20 days does not qualify for that year as it is less...
You need to contact the agency that seized you refund. In moststates, this is called child support enforcement or somethingsimilar. You need to review your account and confirm that there areno mistakes in their records. If they've gone far enough to seize a tax refund, it is likely thatyour driver's...
The answer to this question is yes. All income is to be reported onyour tax return. The company who paid you is only required to sendyou a 1099 form if your income is above $600 but even if you don'tget a 1099, that does not relieve you from your requirement toreport all income and to pay taxes on...
There is no separate tax break just because you are a full timestudent as far as income earned at a job. There are several taxcredits and deductions for education expenses paid toward youreducation. You must meet the requirements for the credits in orderto get the credits but you are probably...
you can go anywhere just tell them what happened - hope i helped
You W-2 form is not where you will find your adjusted gross income.The W-2 form is only to report your income from one particular jobalong with deductions for federal and state taxes that werededucted from your earnings as well as some other items such as401K and Insurance programs you paid for...
No, you are not required to depreciate rental property. Sometimes,when a person knows they aren't going to keep the property but ayear or two, it may not be to their advantage to depreciate theproperty as they will have to recapture the depreciation uponselling it. Depreciation is a deduction that...
Tax evaders are people or companies that either refuse to paytaxes, under-report their earnings or over-report their deductionsfrom tax. More serious crimes involving taxes quickly escalate intofraud.
Unemployment income does not effect your dependents and yourability to claim them on your return. As long as you meet the otherrequirement to claim your children then you can certainly claimthem.
One thing has nothing to do with the other. You will need to see ifa stimulus payment was available for the tax year 2009. You cannotreceive the 2008 payment just because it was applied to your pastdebts. If you still owe debt for unpaid taxes though your 2009 andfuture refunds may be taken and...
iys been about four weeks and i still havent got my refund
If you don't receive a W2 by the deadline, you need to contact youremployer and get another copy of the form in question. There can beseveral reasons that you didn't receive it such as moving and notgiving them your new address, perhaps they had the incorrectaddress to start with. The employer is...
Perhaps you need to clarify your question somewhat. Collection andallocation of income taxes are authorized by the Constitution ofthe United States. Collection is authorized specifically by the16th Amendment of the Constitution.
The will be different for each individual store as they areprobably individually owned and operated. You will need to checkwith the store that you are going to go into.
Exemptions are related to the number of people who live in yourhome, therefore, you merely need to have more children. I dohowever warn that it is far more costly to have more children thanjust to save a little income taxes.
No, Kumon is not tax deductible. They say on their website thatparents cannot claim their programs on their taxes since they arenot considered a dependent or child care expense.
No longer employed by zaxbys, how do u get your w2.only emploees can go to team.zaxbys.com
You may be able to find free self help groups!
Sure. The fact that you were incarcerated does not exempt you fromfiling income taxes and paying tax on your income. It does preventyou from claiming many of the tax credits such as Earned IncomeCredit, Child Tax Credit as you cannot claim that you supportedyour children or that they lived with you...
If you made 67 dollars, what kind of tax refund do you think youmight be entitled to receive. If you had a small amount of federalor state tax withheld, you may file to get this back, but that isthe only tax refund you will receive. You probably did not have anytaxes withheld on $67.
There is no exact date for either the State or Federal Income taxrefund to get to you. If you file electronically, they will usuallyget to you at about the same time but there will not be asignificant difference.
The lower deductions were to provide additional income during the year. That does not change the amount of taxes you owe, but only the amount of the withholding from your paycheck. The tax credit you see on your return represents the deduction that reduced your direct liability during the year.
If you have no other income except normal Social Security benefits,you will not have to pay any income taxes. This is also to notethat you are not receiving any other retirement income, interestincome, etc.
Most of the C Corporations pay taxes and lots of taxes. It's justanother media hype to say they don't. Remember, Corporations don'thave exemptions, standard deductions, etc. like people do. Themedia likes to make noise about any credits given to business butbusiness not only pays boatloads of taxes,...
Yes when you and the children meet all the rules for this purpose. For more information, go to the IRS gov website and use the search box for Publication 972, Child Tax Credit,
The United States has a progressive tax method. This means that themore your earn to more tax percentage of your income you pay. Thisis a dangerous type of taxation in that we are approaching a timewhen almost 50% of the population pay no income taxes at all.
The Emerald Card can be tied to a bank account if you like so thatyou can move money from your bank account into the Emerald Cardaccount. This would allow you access to withdraw funds using theEmerald Card. Some people also use the Emerald Card as a bankaccount and receive their payroll, social...
I don't know of a phone number that you can call to see if your taxrefund will be taken or partially taken for debts such as youmentioned here. The IRS is not the agency that handles this action,it is the Department of the Treasury, but a different departmentwith the Treasury Department. If you have...
Monday, February 1, 2010 Employers are normally required to deliver or mail/postmark employee copies of W-2 forms by January 31, 2010. However, since the 31st falls on a Sunday in 2010, the IRS has made Monday, February 1 the deadline. You can request an extension. Employer's "red ink" Copy A...
Be sad and that's about it. Your question doesn't say whether notyou knew about the debt, so I assume you knew it and agreed withit. If so, there is not much to say except the refund will decreaseif not payoff the entire amount.
None. I can't think of any way you can deduct an amount paid torent a slip. The only case you might be able to deduct this is ifyou are in the "business" of competing in yacht racing and thisslip was used to park the yacht that you used for this particularrace. Be very careful though, as if you do...
It would depend on your level of withholding and whether or not youare taking taxable distributions from your annuities. If you haveother income that is not subject to withholding, that would likelyrequire you to pay quarterly estimated taxes. On time and adequatequarterly payments will help you...
Anyone can file a tax return with any amount of income. You maywant to do this if you paid in withholding taxes or you qualify forsome credit that will benefit you. You are not required to filewith this amount of income but you can if you want to.