I may be starting a job here soon as a 1099 contractor. I have never done this before, and have no clue how to do taxes for such a thing. I have lots of questions. Do I have to actually fill out a copy of my a 1040 or can I just pay my EIT quarterly? Since I am starting my contracting THIS YEAR, do I even have to do EIT at all (all the 1040 forms I...
Me and my Fiance just had a baby a month ago, and it s time to update my paper work at my work place. My Fiance does not have a job, she s a stay at home mom, and I ve claimed her on my taxes last year when I did my refund. At my job I only claim my self for federal and state.
Should I be claiming two? I am taking care of the baby and her all year...
So my mother got premium tax credit with healthcare.gov but she doesn't work and no income so we didn't file her tax return , But now healthcare.gov asking for her tax return for 2016 what should I do , and how much IRS can ask for repay when she has no income ! Can she file the late tax return for like $1000 income just to have tax credit...
i HI have been search all over and i keep seeing that USA self employed people pay like up to around 15per cent (including tax/social security/medicare)
In UK if im earning £120,000, I have to pay nearly 40per cent in taxes (including NI)
Can anyone verify the tax brackets in USA for self employed people?
The business did not buy them, nor did an owner trade an asset for higher portion of capital... I mean I assume Gordon Ramsay/Production Company doesn't get a portion of the business for renovating the restaurant, this isn't the first season of Shark Tank.
Does the business just list the new assets with a basis of $0.00? I ask because when...
I work for UBER and my purchases are higher than my income (purchased a car for $16,000), therefore my GST was a negative value of -$1000. What does this mean?
Do I get credited $1000 to my bank account by the taxation office?
My child is in the hospital fairly frequently for complications with his body (I.e. airway, gi tract, and feeding tube). Often requiring extended stays in the hospital in the nicu. My company allows me FMLA to take care of him, but the way we accrue paid time off is bi- weekly instead of a lump sum. This is causing severe financial hardship on the...
I am new to filing taxes for myself. I am a Canadian Resident (naturalized), this year (2018), I paid $58.00 in prescription for medications (pills, ointment, etc).
When I file my taxes the year (2018), if I include this information as part of the "claim medical expenses", will the government pay me back the $58.00?