As far as I know if you make only so much like for example 3,000 a year you don't have to pay taxes. So what is the top limit when you have to start paying?
2006-08-29 06:07:39 · 6 answers · asked by D.J. 5 in Business & Finance ➔ Taxes ➔ United States
It depends on the state, if they have state income taxes, and dependents. But, if you have an H&R Block or Jackson Hewitt or some tax company like that, call them, they can answer all questions regarding taxes. I know in Tx, it's 6K/yr, but we don't have state taxes.
2006-08-29 06:18:45 · answer #1 · answered by dina h 2 · 1⤊ 0⤋
Federal income taxes, it's limit is 7,000 or so, but if you had taxes takin out, you can file a return to get them refunded to you. But if your working and get a 1099misc...you have to file a return if it's over $400.00. If you are a dependent, u will have to file a return if make $3,500 and mark a box that says u have been claimed. There is a lot more to it. If you want to find more information on this subject, look on irs.gov. Now state taxes depends on each state. That you have to research on ur state website.
2006-08-29 07:35:43 · answer #2 · answered by csabrinam 3 · 1⤊ 0⤋
If your self-employed and paying a child, it's $5,000 for a spouse (housewife/man) $10,000 Both are a tax write off. Personal income If you making less than $28,000 and have kids. You'll get it all back any way. If you're paid in cash,.............you get the meaning. If you're single and no kids. You need to file single and have money taken out of your check ($5.00) This way you'll get a refund and no worries of owing taxes.
2006-08-29 06:17:42 · answer #3 · answered by milliondollarssoon 1 · 0⤊ 1⤋
Anything above $3000 is when you have to report your income. There is no maximum limit. (Though there seems to be tax incentives for people who are wealthy)
2006-08-29 06:13:34 · answer #4 · answered by Anonymous · 0⤊ 1⤋
oooh that depends on the state.
check your tax information for your state online.
go to the local goverment site or call city hall i think they can give you a run down on that.
if not... someone can, just go to city hall and ask about it where you pay your property tax and all that.
2006-08-29 06:13:47 · answer #5 · answered by Anonymous · 0⤊ 1⤋
i think it depends on lots of other factors, such as dependents and things like that.
2006-08-29 06:12:59 · answer #6 · answered by Anonymous · 0⤊ 1⤋