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Is there a minimum amount you have to earn to claim your kids on your taxes?
Wiki User
∙ 14y ago
No there isn't.
If they fulfill the requirements to be dependents, you can claim them regardless of your income. However, if you don't owe any taxes, don't qualify for EIC, and don't qualify for the Additional Child Tax Credit, it probably won't do you a whole lot of good.
Wiki User
∙ 14y ago
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What is the minimum amount of money you can earn without paying taxes?
Less than 3 thousand a year.
Can a person claim exempt of federal taxes for only one paycheck?
If you earn income or make money, you are required to pay federal taxes. It does not matter how many paychecks you receive.
Do you pay taxes on a 1099?
What is the minium amount of money for not paying taxes with a 1099? Does everyone pay regardless if they earn 5,000.00 or 15,000.00 even acting a an independent contractor.
How much can you earn and not pay taxes?
every one has to pay tax its the law there is always a amount that will get paid as tax out off you wage
What is minimum age to pay taxes?
There is no minimum age. Theoretically, a new born infant might have to pay taxes. This could happen if, for example, a doting grandmother gives the infant some property in a Uniform Gift to Minors Act (UGMA) account and the property generates income (interest, dividends, rents, etc.). Certainly, if you are old enough to earn money, you are old enough to pay taxes on it.
What is the minimum amount of money you can earn without paying taxes?
Less than 3 thousand a year.
What percent of tips by law does a waitress claim?
It might be different in different states- but they must claim 100% of the tips they receive on a credit card (as it can be traced) and/or the amount that would make them earn at least minimum wage in a non-waitress job- providing that they did earn at least that much. IF they do not earn at least minimum wage their employer must add to their take home salary to make it equal minimum wage.
Does most of the money you earn go to taxes?
No NOT the most of the amount of your gross earnings will go to taxes.
Minimum salary per annum?
Minimum salary per annum means the least amount of money you earn each year.
How much did Joe the Plumber earn in 2007?
Not sure how much he earned but the state of Ohio had to claim $1,182.98 in unpaid taxes from him.
Taxes out of what you make if you are a Registered Nurse?
It doesn't matter if you are an RN, police officer, fry cook, or garbage collector. The amount of taxes taken out of your earnings is based on how much you earn, how many dependents you claim on your W-4 form, and the federal, state, and local income tax rates.
Can a person claim exempt of federal taxes for only one paycheck?
If you earn income or make money, you are required to pay federal taxes. It does not matter how many paychecks you receive.
How much money can an 82 year old earn before having to pay taxes?
The amount of money an 82 year old can earn before having to pay taxes depends on their filing status, sources of income, and deductions. In 2021, for a single filer aged 65 or older, the standard deduction is $14,250. So, an 82 year old can earn up to this amount before having to pay taxes.
Do you pay taxes on a 1099?
What is the minium amount of money for not paying taxes with a 1099? Does everyone pay regardless if they earn 5,000.00 or 15,000.00 even acting a an independent contractor.
Can you claim a dependent if you earn less than 3000?
yes you can, you can claim a dependent no matter what amount sometimes it isnt needed because it wont help any but there is no limit
How much can you earn and not pay taxes?
every one has to pay tax its the law there is always a amount that will get paid as tax out off you wage
How much does a lawyer earn per month in Indiana?
There is no one set amount. Depends on the practice, what kind of law, how long in practice, etc. Some earn the equal of minimum wage, some earn hundreds of thousands a year.
