Posts tagged as:

withholding

Ask the taxgirl: Form W-2 and Withholding

26 January 2012

Taxpayer asks: If my w2′s for the year are still at single but I am married can I file single or should I file married. Is it true that if my w2′s are at single they are pulling more money and if I file married I’m not getting back what I should? It never dawned [...]

0 comments Read the full article →

Taxes from A to Z: W is for W-4

27 March 2011

Here’s the first bit of information you need to know about the federal form W-4, Employee’s Withholding Allowance Certificate: it only applies to employees. If you’re self-employed, you can move along, there’s nothing to see here for you (though you may want to check out other IRS info as outlined on Publication 4591, Small Business [...]

2 comments Read the full article →

Ask the taxgirl: Screwy Withholding

14 January 2011

Taxpayer asks: I am very confused. Your blog says that we will be getting back more money this year because of the payroll tax holiday. My withholding must be screwy because I am making less money. What is going on? taxgirl says: Okay, this is where tax laws can get really confusing. Yes, there is [...]

3 comments Read the full article →

Ask the taxgirl: Form W-4

15 June 2010

Taxpayer asks: I hope you don’t think this is too simple a question but I’m a confused newbie. I started a new job this week. They asked me to fill out tax forms. One of them is a W-4. I didn’t know what to do with it and the HR person told me to just [...]

7 comments Read the full article →

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 story [...]

3 comments Read the full article →

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 [...]

1 comment Read the full article →

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 [...]

1 comment Read the full article →

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 [...]

1 comment Read the full article →

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 [...]

1 comment Read the full article →

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 [...]

1 comment Read the full article →