2007-09-14 06:55:09 · 3 answers · asked by Prissy 1 in Business & Finance ➔ Taxes ➔ United States
Your question doesn't provide enough info for anyone to give you a decent answer. You don't even mention what you'll be making - and the percent withheld depends on that among other things. The percent will be somewhere between 7.65% and 42.65%. Obviously you want a closer estimate than that, but that's the range.
Go to paycheckcity.com and fill in the info they ask for.
2007-09-14 07:08:51 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
I assume that your fiance lived with you all year in 2007. If not, you cannot claim him as a dependent. The next question is: Did you provide over half of your fiance's support? If not, you cannot claim him as a dependent. The last think to check is his income. The IRA money is not taxed unless he withdrew that money. From your information I do not see $3,400 subject to tax. If he made less than $3,400 then you may be able to claim him as a dependent. Of course, he needs to meet citizenship requirements and not be filing a joint return with someone else, and not be a dependent of someone else. However, you cannot file as head of household based on an unrelated dependent. The dependent would have to be a close relative such as a child, parent, or sibling.
2016-05-19 05:06:48 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Go to irs.gov website and look at the circular E. This is the printed booklet that is sent to employers. This will give you all the info on the different types of pay, frequency, dependents, as well as formulas that are used.
2007-09-14 07:19:06 · answer #3 · answered by T 5 · 0⤊ 0⤋