You are still liable for the taxes.
You need to talk to them about why that occurred. Maybe you filled out the W-4 wrong. Maybe your income is so low that they weren't required to withhold any of your pay. However, you need to file your taxes and if the causea you to have to pay at the time of filing you still must do it.
Make sure you get it corrected before next year.
2007-03-22 03:47:52
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answer #1
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answered by Remember Back 3
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You can check your last paystub from that employer and verify there were no taxes taken out. If that is the case, you will be responsible for the taxes. If you are still working for that employer, see why it happened (you may have completed the W-4 incorrectly or it was entered into their system incorrectly) and make sure it gets corrected. Even if the employer made the mistake, you are responsible to make sure your tax deductions are correct and have no recourse with the employer.
2007-03-22 12:57:05
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answer #2
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answered by Mom of 2 4
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Since it is still earned income, it will be taxed.
Since the income taxes were not taken out from your paycheck, the taxes will be paid along with your tax returnn. Hopefully, this won't be too large of a problem since you will be paying a year's worth of income tax in a lump sum. I'd recommend checking on H&R Block's/Liberty Tax Service's website for more details.
2007-03-22 03:45:13
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answer #3
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answered by Blicka 4
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Call them up and make sure it's not an error first. If it's no error, it does not let you off the hook. You'll wind up paying the taxes now. It will definitely effect your return for 2006. Your income will be higher and your taxes already paid will be lower. You'll get less back or have to pay in more.
2007-03-22 03:46:51
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answer #4
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answered by ontopofoldsmokie 6
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You just add that income to the income from the other W-2s, that's all.
If that job didn't pay all that much it's not unusual for there to be no taxes withheld. If you have several jobs you may need to have one or more of your employers withhold extra income tax from your pay to ensure than enough is withheld to cover your tax liability, though.
2007-03-22 03:51:10
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answer #5
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answered by Bostonian In MO 7
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