i work for cash and im going to end up in court for child support soon . my ex knows where i work and that i make cash. i have a 1099 from last year but its from 2 different employers. nothing this year so far. all cash. she knows how much i make too! am i screwed? ive put some money on paper through the bank . but just enough to pay some small bills. car ins., utilities, ect.... can i just tax the money that went through the bank ? or will they be able to find out about the cash too? no checks from my boss , other than he payed my car ins. one time. thats it.ive been there since last feb. and made about 450 to 650 a week but there is no proof, right? i dont want to get my boss in trouble either.is she going to get me thrown in jail? what do i do?
2007-12-20 12:32:03 · 6 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
and i fully support my son !!!!!!!!!
2007-12-20 12:45:05 · update #1
and i fully support my son !!!!!!!!!
2007-12-20 12:45:21 · update #2
my son is 6 wks old and child support is just now comming in to play . its my ex girlfriend not wife. me and her were together until this week . so there was no need for child support. ive supported her and her son for six years. not to mention buy her cars and put a roof over her head. i want to know this info so i can get on track where i need to be and yes i do plan on sending in some sort of return this year i just need to know how because its mostly cash. i dont have any record of how much i actually did make. how do i keep track of that ? do i have to write it down every friday and keep track myself or what? how do i know what i have to pay taxes on this year? does that clarify things
2007-12-20 13:20:55 · update #3
First of all, you need to file a tax return for last year. Even though you get paid cash you are required to still pay taxes on that money. You should file a Schedule C and report all income, including the income shown on the two 1099's. Since you aren't sure how much you made, it's better to overestimate than under. Get a copy of your bank statements and track your deposits.Unless you have kept track of your job expenses (if any) or you have a dependent you can claim, you'll probably end up owing. But, the judge is going to ask you if you've filed tax returns and if you haven't, he'll require that you do before he makes a judgement.
You might as well get it over with. Since you were given a 1099-misc, the IRS also receives a copy of it too. They will send you a letter within a year (with a bill) asking you to file your return and pay any tax due. You're just adding interest and penalty by not filing.
2007-12-20 15:02:56 · answer #1 · answered by Fool in the Rain 6 · 1⤊ 0⤋
If you fully support your son then what is the problem? The information that you indicated in your questions looks like you are hiding your income primarily from your ex. Your boss got himself into trouble by allowing you to receive cash. I hope the courts find out everything about your shady finances and forced you to financially pay your bills. Your ex doesn't want to see you in jail then she will get no child support.
2007-12-20 12:54:26 · answer #2 · answered by Gary 5 · 2⤊ 0⤋
I'm not going to answer your question except to ask what proof do you have to show that you fully support your kids. If you have been working for cash, I bet you have been giving cash as your support. That probably means that you have no proof of supporting your kids. That will get you into trouble.
You better face the music and file your tax returns correctly if you haven't filed.
Also, if you filed joint tax returns, it appears that she would not qualify as an injured spouse because it appears that she knew knew full well that you worked for cash and did nothing about it.
2007-12-20 13:05:34 · answer #3 · answered by Steve 6 · 2⤊ 0⤋
If a sitting president delivered costs antagonistic to his opponent in a race it would want to commence yet another civil conflict, regardless of the legitimacy of the costs. Obama and Romney both understand this, so regardless of the actuality that if Romney did dedicate against the law you received't see some thing about it for a minimum of many years after the election.
2016-10-19 21:41:31 · answer #4 · answered by ? 4 · 0⤊ 0⤋
If she has evidence, you'd better get off your duff and file an accurate tax return! If you don't, you'll truly wish that you had.
And pay the damn child support! You'll get no sympathy here for not taking care of your kids! (If you're fully supporting your child, why are you being taken to court for child support? Hmmm??)
2007-12-20 12:37:25 · answer #5 · answered by Bostonian In MO 7 · 4⤊ 1⤋
you are screwed buddy.
here is the deal. the government does not take kindly to folks who dont pay their fair share of tax. so you will be penalized heavily on that front. also, remember that people who have money but no way of proving how they got it are usually seen as possible drug dealers, prostitutes, terrorist financers, etc...
also, now your boss will be dragged into this (but he asked for it.)
if your wife has not really taken the steps to take report you...make her happy and fix your tax issures fast!
2007-12-20 13:19:46 · answer #6 · answered by viajero_intergalactico 6 · 2⤊ 0⤋