I collected state disability most of last year, do i need a w2 claiming this for taxes?
Answers: i really don't think so.
but just in case, call Jackson Hewitt.
I am a nanny, but my employer didn't retribution their nanny taxes. What presently?
I have worked leisure as a nanny in my employer's home for the recent past year. My employers did not rate their nanny taxes, but they paid me from their employer's childcare FLEX explanation. They paid me at a rate that I agreed to beside the understanding that it be under the table, but presently they realize that they have to record taxes for me as an employer. They say they will hand over me a W-2. What taxes am I responsible for now?Answers: They're single required to withhold Social Security and Medicare taxes. Since the year is passed now, they'll hold to pay both halves of it, however they will put in your half onto your gross wages surrounded by box 1.
You will have to database a tax return and remuneration any income taxes due on that income. At least you won't be soaked for Self-Employment taxes!
Now you BOTH know the "penalty" for not paying by the rules. Good luck, you'll both inevitability it!
Whether your employer paid you next to money that was taxable to your employer is not relevant to you. You owe income taxes, social indemnity, and medicare taxes on the money you received.
If your employer provides you with a W-2, afterwards report your income as wages. Ask your employer to pay your share of SS and medicare, this is allowed for domestic human resources.
Your employer hit a snag when they tried to get reimbursed for expenses that they told you be not going to be taxed. They stipulation to show a bona fide payment be made in lay down for the FLEX account to income.
I receive a tax free disability pension. Am I still qualified to receive the tax rebate? Thanks!?
Answers: VB is correct if this is actually the law that passes...it is my understanding that it is still just an agreement that will pass. Time will tell.
And, who knows they might change it again after it passes.
Read the Yahoo News article on rebates at http://biz.yahoo.com/cnnm/080208/020808_...