Other - Taxes

And my second job I am self employed. I usually come pretty close to 40 or more hours a week on my second job. What I am not sure about is I want to hold back enough Federal & State taxes so that I don't end up paying at the end of the year, but I don't want a large refund either. I am one who likes to have their money weekly. None of that refund stuff for me. I want my money now. My employer deducts Fed, state, local, medicare & social security so will I have to do that with my SE taxes as well or will I be pretty much covered? And I find many calculators but none where I can use both employer taxes and SE taxes? Any suggestions? Anyone know of any loopholes I can look into. I have 3 children and I take care of a disabled aunt as well.

2007-08-26 05:09:49 · 8 answers · asked by Anonymous

pay or forget

2007-08-26 04:16:53 · 5 answers · asked by Carl C 2

2007-08-25 19:49:09 · 8 answers · asked by HOH 1

My wages were $1076.90...do I put in $1077
please help

2007-08-25 19:04:04 · 5 answers · asked by Elaine R 2

Can someone calculate how much money I would make after taxes?
(1) Single, 23 years old and no dependent
(2) No investments and all that
(3) Pay about $50 a month in medical and life insurance
(4) I get paid bi-weekly ($1400)
(5) I will make about $13,440 by the end of 2007

How much money can I actually earn every month? and can i file a tax refund or I will own money? Are there ways I can pay less taxes?

Thank you!

2007-08-24 18:38:41 · 5 answers · asked by dd 2

Which one would tip fall under?

2007-08-24 16:25:21 · 4 answers · asked by Mizuki K 2

I haved taken services from a consultant firm in another country, how do i issue them a 1099 for services rendered?

2007-08-24 09:33:45 · 4 answers · asked by MM 5

I recently took a sales position and was not told about the 45% tax on my commission. This puts me in a bind. My payroll department said I can go tax exempt for a few weeks and then change it back. Has anyone had any problems doing this? I figure I would just adjust it on my taxes at the end fo the year.

2007-08-24 06:42:20 · 3 answers · asked by Frank 1

2007-08-23 13:00:56 · 3 answers · asked by ebillar 1

i am seperated (hubby in military) and have a newborn baby. when i do my w4 what do i need to claim so that i still have a decent paycheck each month and to not have to owe anything at the end of the year. also i want to get the most back that i can for having a baby. i only make 21,000 a year from my job.

2007-08-23 10:57:05 · 3 answers · asked by Anonymous

yep and we all pay it!!!(and our parents)?fraud waste and abuse welfare lets get a fafsa and get a better education forget about Unaemployment our road and our...public officials we vote on?

2007-08-23 07:36:02 · 4 answers · asked by realgirlss9 1

2007-08-23 07:05:00 · 4 answers · asked by double a 1

My 2003 income tax was incomplete and needed to be filed by April 15th, 2007 but I didn't get around to filing it until late May/early June because I didn't have the fee for HR Block. IRS says I don't owe(am due a refund) but that the Statute of Limitations Law allows me to file up to 3 years late, and I was 3 months over(so, they're holding it)... I talked to an IRS attendant & she gave me the address to write to the IRS Service Center/collections. She suggests that I don't just say that I forgot or that I didn't know, b/c "ignorance of the law is no excuse", as she stated. So now the IRS is holding my return money from that year, but I really need it asap. ARE THERE ANY EXCEPTIONS TO THAT LIMITATIONS LAW which I could use in my letter. It was an honest mistake but it doesn't give them the right to keep my hard earned money. Some1 plz help ASAP. Maybe you know of the limitations laws and can enlighten me on what would possibly work?? Maybe my situation alone was good enough?

2007-08-23 06:19:30 · 4 answers · asked by Anonymous

child. We are married filing jointly what is our estimated refund?

2007-08-23 05:15:20 · 4 answers · asked by 101st_Army_Wife 2

If a corporation started November 2006 and has not done any monetary transactions as of date. What taxation liabilities are they responsible for?

Corporation Located in New York City.

2007-08-22 15:33:47 · 5 answers · asked by Anonymous

2007-08-22 14:33:07 · 4 answers · asked by fla_raven 2

This girl just told me that she doesnt pay taxes she said something about american soveriegnty what is that and is this legal?

2007-08-22 13:48:18 · 4 answers · asked by Samuel 1

2007-08-22 12:16:49 · 4 answers · asked by Matteo M 3

in other words no federal, SS, or Medicare ?

2007-08-22 11:09:03 · 4 answers · asked by Anonymous

2007-08-22 09:24:20 · 3 answers · asked by shopper 1

I bought a home with my brother. It is two seperate units and we each live in one. How do we file our taxes this year? We are each on the mortgage and the title. We live in Pennsylvania.

2007-08-22 02:53:02 · 2 answers · asked by Anonymous

i can't afford to pay this. do i have any recourse

2007-08-22 01:49:15 · 5 answers · asked by million questions 1

Am I missing any taxes that should be paid when employer taxes are due?

2007-08-21 23:06:22 · 1 answers · asked by Anonymous

I need some legal advice on taxation of the sale of inherited real estate in Connecticut. Is it more efficient to leave the title in the estate or transfer the deed and title of the property to the executor or heir? Is sale of inherited property treated as capital gain if so what is the basis.

2007-08-21 14:31:32 · 3 answers · asked by Chester B 2

The income tax equation is...... income- taxes-compliance dollars = spending
The Fair Tax equation is.... income = spending + taxes+ compliance dollars, so here we are taxed on new items only and get back the compliance costs.

2007-08-21 11:36:56 · 7 answers · asked by Anonymous

For tax purposes? Like i bought a lunchable today at the grocery store to eat while waiting on my financial aid person. Can i use that for taxes? Or if i buy grocerys and make lunches for school? I am talking about college, by the way. Thanks

2007-08-21 05:12:38 · 5 answers · asked by Anonymous

give money for good job !

2007-08-20 20:25:33 · 2 answers · asked by Anonymous

2007-08-20 10:41:28 · 6 answers · asked by thekilpatrickfamily 2

well. this is my first job. and im confused. it says
A - Enter "1" for YOURSELF if no one else can claim you as a dependent. im a teenager. so how would i fill this out?

2007-08-20 08:53:07 · 2 answers · asked by tien t 2

2007-08-20 07:37:21 · 5 answers · asked by ElU 2