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Do you have to file if no federal taxes were taken out of your pay?
Wiki User
∙ 13y ago
Yes.
Wiki User
∙ 13y ago
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What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
Are state and federal taxes taken out in the state of Alabama?
Yes they are withheld from your gross pay.
Do retirees have to file separation pay on their federal income taxes?
The general rule is: if it's income, then yes.
Will you get back money if you file your inome tax without being employed for that year?
The answer is NO. When you are employed you have federal taxes taken from your pay or if you are self employed you are to pay Federal taxes on your gross income twice a year. During tax time if you were employed or self employed and have earned income (which is what you made all year) you file a federal income tax. The purpose to file taxes is to see if you will end up getting taxes back from what you have paid in all year or if you will end up paying because you still owe. Depending on the income bracket you fall under, if you have dependants to claim, or if you have any deductions will calculated to see what your getting back.
What happens if you don't pay your federal income taxes?
If you don't pay federal income taxes, eventually you will eventually be investigated by the IRS. From there you will either have the money taken from you, your wages garnished or you may go to prison depending on the severity of the crime.
What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
You have your w-4 from when you worked at Ross and federal taxes were taken out the federal taxes for 2 years plus . In Texas we do not pay federal taxes how do you get reimbursed?
Residents of all states pay federal taxes. Texas does not have a state income tax. If you lived in a different state and worked in Texas, you still have to pay state tax in the state you lived in. If you don't owe any federal tax, your tax professional will file a tax return to the federal government which will get you a refund.
Can you file taxes if you don't have federal taxes taken out?
Yes, in fact you must. Filing taxes and how you pay them are 2 different things. They are supposed to be paid through the year, quarterly by estimated payments or through payroll withholding. You then file and true up to what should have actually been due with your return.
Are state and federal taxes taken out in the state of Alabama?
Yes they are withheld from your gross pay.
Do retirees have to file separation pay on their federal income taxes?
The general rule is: if it's income, then yes.
Will you get back money if you file your inome tax without being employed for that year?
The answer is NO. When you are employed you have federal taxes taken from your pay or if you are self employed you are to pay Federal taxes on your gross income twice a year. During tax time if you were employed or self employed and have earned income (which is what you made all year) you file a federal income tax. The purpose to file taxes is to see if you will end up getting taxes back from what you have paid in all year or if you will end up paying because you still owe. Depending on the income bracket you fall under, if you have dependants to claim, or if you have any deductions will calculated to see what your getting back.
What happens if you don't pay your federal income taxes?
If you don't pay federal income taxes, eventually you will eventually be investigated by the IRS. From there you will either have the money taken from you, your wages garnished or you may go to prison depending on the severity of the crime.
What taxes do puerto ricans pay?
they pay American federal taxes
Does someone under the age of eighteen and working have to pay to taxes?
Sure they would be required to file a 1040 federal income tax return and pay any income taxes that may be due. Under 950 of unearned income (did not work for income) would be required to file a 1040 federal income tax return and pay some income taxes on the amount over 950 of UNEARNED income.
What are the three taxes taken form your paycheck?
It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.
How much taxes do you have to pay on $600.00?
How much federal taxes do you have to pay on $600?
What percent of your paycheck is held out for federal taxes?
The percentage that is taken out of your paycheck depends on your exemptions and the amount of money you make. Generally, around 15% is taken out of each paycheck and held for taxes, social security and other fees.
