0
Generally, Single under age 65 isn't required to file a tax return for earned income under $9,350 for 2009. A Single/Married Filing Jointly dependent generally isn't required to file for earned income under $5,700. The standard deduction for Single for 2009 is $5,700.
Your income is zeroed out by your standard deduction. So you owe no taxes. Although you're not required to file, you should file in certain situations. One, you should file for a refund of any withheld tax. Two, you should file if you're eligible for certain credits (such as earned income, making work pay, etc.).
What else can I help you with?
can you pay state income tax on line with credit card and mail the form ?
can you pay state income tax on line with credit card and mail the form
14 You're most likely to pay your county or town taxes in the form of tax?
Property Tax. ::)
What is a 1096 form for?
A 1096 form can only be used by an organization that is filing tax-exempt. This means that the organization did not pay in any taxes at all throughout the tax year.
How do you determine how much money to withhold when self employed?
Self-employment income. A person with income from Self-Employment files Refer to Tax Publication 334, Tax Guide for Small Business, for information. When there is no federal withholding taken out of your self-employment income, you may need to make quarterly estimated tax payments. This is done using a Form 1040-ES (PDF), Estimated Tax for Individuals. How Do I Pay Income Tax? Federal income tax is a pay-as-you-go tax. You must pay it as you earn or receive income during the year. An employee usually has income tax withheld from his or her pay. If you do not pay your tax through withholding, or do not pay enough tax that way, you might have to pay estimated tax. You generally have to make estimated tax payments if you expect to owe taxes, including self-employment tax (discussed later), of $1,000 or more when you file your return. Use Form 1040-ES to figure and pay the tax. If you do not have to make estimated tax payments, you can pay any tax due when you file your return. For more information on estimated tax, see Publication 505, Tax Withholding and Estimated Tax. http://www.irs.gov/publications/p334/ch01.html#d0e1246
Do you need to file taxes if you didnt earn any income but welfare?
Not normally. However if the tax people have sent you a form or told you that you need to fill in a form - EVEN IF YOU DO NOT NEED TO PAY TAX - you MUST return a completed form to the tax people or you will get a penalty.
can you pay state income tax on line with credit card and mail the form ?
can you pay state income tax on line with credit card and mail the form
What is a 25 percent tax of 500000?
25% of 500,000 is 125,000.
How much taxes will I pay on a 1099 form?
The amount of taxes you will pay on a 1099 form depends on your total income, deductions, and tax bracket. Generally, you will need to pay both income tax and self-employment tax on income reported on a 1099 form. It's recommended to consult with a tax professional for personalized advice.
You are most likely to pay your county or town taxes in the form of what tax?
- Sales Tax.
How much tax do I pay on a 1099 form?
The tax you pay on a 1099 form depends on your total income and tax bracket. Generally, you will owe both income tax and self-employment tax on income reported on a 1099 form. It's important to set aside a portion of your earnings to cover these taxes.
What is 0.285714 in fraction form?
0.285714 is 285714/1000000. In simplest form it is 142857/500000.
How much in taxes will I pay on a 1099 form?
The amount of taxes you will pay on a 1099 form depends on your total income, deductions, and tax bracket. Generally, you will owe both income tax and self-employment tax on income reported on a 1099 form. It is recommended to consult with a tax professional for a more accurate estimate of your tax liability.
You're most likely to pay your country or town taxes in the form of an tax?
Property.
14 You're most likely to pay your county or town taxes in the form of tax?
Property Tax. ::)
What was a peasant responsibility?
they had to pay tax to the lord, sometimes in the form of crops.
What is 500000 in standard form?
500,000
What is Form-C its use and why taxex are concessional against these forms?
Form C is a form issued by the Commercial Tax Office for waiving Sales Tax. If a Form C is submitted along with the Invoices there would be some Tax exemption otherwise we need to pay full tax
