When you work two part-time jobs, can you receive income taxes from both jobs?
2007-06-05 10:53:19 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You may be on to something, getting paid income tax would be a great idea!!
2007-06-05 11:54:01 · answer #1 · answered by ? 6 · 0⤊ 1⤋
Receive income taxes? You PAY income taxes. You'll file a return at the end of the year, totalling the income and withholding from both jobs. If you paid in more than you owe, you'll get a refund. If you paid in less than you owe, you'll have to pay the rest.
2007-06-05 21:24:46 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
When it comes to your tax return at the end of the year, the IRS is interested in your TOTAL income and TOTAL withholding. They couldn't care less if it is from 1 job or 50 jobs. Any refund you are due is from your total income and withholding. Individual jobs are not treated separately.
2007-06-05 19:51:44 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
No one "receives" income taxes from their jobs. The jobs withhold income taxes from the paycheck.
At the end of the year, you add up all your income and if your withholding exceeds your liability, you get a refund. Otherwise, you owe.
2007-06-05 17:59:51 · answer #4 · answered by Wayne Z 7 · 4⤊ 0⤋
You don't receive income taxes from employers. Refer to Wayne Z's answer.
2007-06-05 19:10:24 · answer #5 · answered by Steve 6 · 0⤊ 0⤋