Posts tagged as:

withholding

Ask the taxgirl: Did the Feds Make a Goof?

3 March 2010

Taxpayer asks:
Thanks for your blog entries on the Making Work Pay tax credit – very helpful. I’m wondering if the tax tables have been “fixed” for 2010 so that people with more than one job or spouses who both work don’t get the tax credit twice. About 3 – 4 months ago the [...]

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Ask the taxgirl: Withholding

8 April 2009

Taxpayer asks:
The military retirement has the Federal Withholding higher than the State Withholding.
This seems incorrect to me. We don’t have anything special applied or not applied. We live Va., not sure if that matters. I hope that is enough information. I just think the military did some calculations wrong.

Taxgirl says:
If you’re [...]

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Ask the taxgirl: How Much Money Will I Get Under Obama’s Stimulus Plan?

4 April 2009

Taxpayer asks:
I was told that I would receive all my federal tax withholding for April, May & June. However, I just heard on the local news that it would only be $12 to $15, is that true?
Thanks for your advise,
Taxgirl says:
The Making Work Pay Credit will decrease the amount withheld from your paycheck by the [...]

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Ask the taxgirl: Do I Have To Take The Making Work Pay Credit?

25 March 2009

Taxpayer asks:
Dear taxgirl,
Can a taxpayer refuse to have the credit on their paychecks and receive
the full credit on their 2009 return? Also – are they changing the tax
table for 2009 to help with this credit?

Taxgirl says:
The answer to the last question is the easiest: yes, the tables have been changed so that employers [...]

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Ask the taxgirl: Geithner’s Tax Status

15 January 2009

Taxpayer asks:
I do not understand your story about Geithner. If he worked for the IMF for all of those years, why was he not considered an employee?
Taxgirl says:
That’s a great question and I should have elaborated a little more in my post.
To be clear, the number of years that you are paid by a [...]

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Ask the taxgirl: independent contractor and employee in the same year?

14 April 2008

Taxpayer asks:
I left my job as an editor at a media company, but continue to do some freelance work for them. When I submitted an invoice, I was told that for tax purposes I couldn’t be paid by them as an independent contractor in the same year that I was an employee. This means those [...]

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We Don’t Care if You Kill Anybody, Just Don’t Cheat on Your Taxes

23 October 2007

While folks in Washington have seemingly come to terms with the idea that Blackwater might have killed some folks when they shouldn’t have, they are drawing the line where it hits Americans the hardest: cheating on taxes.
Rep. Henry Waxman (D – CA) has made public a letter from IRS to Blackwater from March (yes, [...]

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I’ll See Your 1099 and I’ll Call… My Lawyer

20 October 2007

You’ve always known that you’re supposed to report your gambling winnings on your taxes, right? Well, the IRS is making it a little easier (for them) to make sure that happens.
Beginning March 4, 2008, casinos and other sponsors of poker tournaments will be required to report most winnings to winners and the Internal Revenue [...]

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Ask the Taxgirl: Withholding

12 January 2007

Taxpayer asks:  I just changed jobs and I don’t know how many exemptions to claim for withholding.  Help!
Taxgirl answers:  This is one of those questions that is really fact specific:  it depends on your individual circumstances.  That said, since I’m getting a fair number of questions about withholding, I’ll attempt to pass some general information [...]

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