Archive for December, 2009

 

I started working online and have to take out my own taxes. What percent should I hold back for taxes?

Thursday, December 31st, 2009
taxes
Bobby H asked:


I need to know how much taxes to withhold annually for the state of Kentucky. This should include federal and social security plus state tax. Someone told me to with-hold 30% but that seems a bit much.
So 30% may be a safe bet? Problem is, I am barely making more than a disability check a month so 30% of lets say $600 is gonna hurt like crazy!

 

How much will my pay check be after taxes?

Thursday, December 31st, 2009
taxes
xmontiax asked:


I live in California. I’m trying to estimate my paycheck for the new job I’m starting soon.

My check will be 2,144.80 before taxes. I’m single and am going to claim as independent.

Anyone know how much will be taken out in taxes?

 

How do I figure out how much taxes I owe?

Wednesday, December 30th, 2009
taxes
Brett C asked:


I will be taking a 34,000 lump from my 401k and I need to know how much taxes I will owe?

 

How much to take out weekly for taxes?

Wednesday, December 30th, 2009
taxes
KRISTIN D asked:


I am self employed in Texas and make around 1000.00 a week. About how much should I put back in savings each week to insure that I have enough to pay back in for my taxes at the end of the year?

 

Is there any ways to get out of paying taxes?

Tuesday, December 29th, 2009
taxes
chump0 asked:


I just got my taxes that I owe from 2005 for some reason. I only made about 5400 that year and they are saying I owe 1200. I never received anything that year to file my taxes so I figured I wouldnt. Is there anyways to decrease the amount I owe or even get out of it totally? I did a lot of driving for that company in between jobs and a friend told me that you can tell them that you drove a lot and that can decrease the amount you owe. Please help because I am kind of upset about this whole situation.

 

What should I claim to get enough taxes taken out of my pay?

Monday, December 28th, 2009
taxes
dawn_20062006 asked:


I am a single mom and will be starting a job soon. Is there a site I can go that will show what taxes will be taken out according to my gross pay and how much I claim?
My new job will be $13.00/ hr @ 24 hours a week. This will be for the last 6 months of 2007. I have a 13 yo at home. I am asking if anyone knows what I should claim, S1 or S0. I always claim head of household when I file.
My new job will be $13.00/ hr @ 24 hours a week. This will be for the last 6 months of 2007. I have a 13 yo at home. I am asking if anyone knows what I should claim, S1 or S0. I always claim head of household when I file. I live in New York State.
does anyone know what I might get back from New York State next year?

 

How does one get a printout of what was garnished from past taxes?

Sunday, December 27th, 2009
taxes
billie b asked:


My brother just got a notice stating that a city owed bill was being garnished from his taxes however the same bill was garnished from his taxes last year. Is there a way to get a print out of what both federal and state taxes were garnished for in years previous and who the money went to? I tried calling the IRS local office but got a recording saying there is no live help available at the office. Thanks

 

What taxes do you pay when your business is strictly online?

Saturday, December 26th, 2009
taxes
crystal b asked:


My Bussiness is online and I don’t know if I pay Federal and State Taxes.

 

Escrow account for home, how does it work when paying taxes?

Saturday, December 26th, 2009
taxes
ec66 asked:


OK I am clueless here. I have an escrow account with $3900 in it. The bank, says online, that in 12/2006 the next estimated scheduled county tax payment is $532.98 (seems low) . It also says the next estimated scheduled school tax payment is $334.02 (seems low) on 12/06.

I grasp the insurance part, but the taxes I dont get. Why are they so low? The Appraisal District website for my county shows estimated taxes at… City $1,210.27, School $2,347.94, County $292.46, College $108.20, and Hospital $339.30…for me.

So what do I owe? Do I have enough in there? Will the bank automaticaly pay the taxes? Why are the College, Hospital, and City taxes not showing up as getting ready to be paid on 12/2006?

I also plan on putting another $512 in the escrow account before 12/2006, bringing it to $4412.

 

How do I go about paying taxes for this situation?

Friday, December 25th, 2009
taxes
Bill G asked:


As of January 2009, I have been cleaning manufactured homes and have been getting paid in a check from their company. It is now April and I have made $2280.00 altogether. What do I have to do about taxes? They take none out.