English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

7 answers

I think it's only about $550, but check the irs website.

2007-04-18 14:21:12 · answer #1 · answered by KJ480 3 · 0 3

WOW look at all the different responses. The correct answer is, it depends if you are making what is considered to be income. Wages are not taxable unless you make a certain type of wage and fit the definition of employee.
The code is tricky so be careful and do your homework before filing any tax forms because you are filing under threat of perjury.
Income is defined as all income from whatever source derived.. Interesting definition huh? you define the definition with the word you are defining!!! LOL.. In fact in order to get the true definition of income you will need to do some real searching through supreme court law cases. To make hat a little easier you can go to
www.liefreezone and look at Tommy Cryers motions he has filed in the courts against the IRS. In it he gives a brilliant definition of income backed up with case law including supreme court cases.
I will also point out that this guy is an attorney and is not a tax protestor and he only got involved in this because of a dispute with the IRS. They claimed he never filed a return for a trust that was in his name when in fact the trust lost money for the years they were prosecuting him for.. After that he decided to research it himself and thats when he discoved the hoax that has been perpetrated on Americans since 1913.. You can also check out www.losthorizons.com
They are also having some success over there in fighting the IRS and thus far have done pretty well.
When you start researching this for yourself you wil find that these tax protestors have some valid arguments. Unfortunately they hurt themselves by representing themseleves in court. Fighting the IRS and pretending to know law are 2 different matters entirely. If nothing else do your own research and write your congressman..

2007-04-18 22:19:09 · answer #2 · answered by winetaster6 2 · 1 0

Anything you make file it, if you don't make much you'll get back money from the IRS called (EIC) Earned Income Credit. If you don't know how to do it ask someone who knows and read about EIC in the IRS 1040A annual book or on the IRS web site. Get some money back man.

2007-04-18 23:06:26 · answer #3 · answered by MrMan 1 · 1 0

If it's self-employment, $400.

Otherwise $5150 if he's a dependent of someone else, $8450 if not - those numbers are 2006 numbers, and will go up a little for 2007.

2007-04-18 21:23:10 · answer #4 · answered by Judy 7 · 2 1

Anything over $600.oo. A year. You need to claim it as income, both state and federal.

2007-04-18 21:22:53 · answer #5 · answered by railroad_joe 3 · 0 1

$8,450 if you are under age 65.

2007-04-18 21:22:07 · answer #6 · answered by Egg Bagel 3 · 0 2

1,000

2007-04-18 21:22:02 · answer #7 · answered by Anonymous · 0 3

fedest.com, questions and answers