Is there tax on social secuty?
Answers: yes there is a taxable amount for social security and you can figure the amount with a social security benefits worksheet
and it goes on line 20b on your 1040
there is no tax on social security
but if something isnt fixed soon, there will be no social at all.
it will cancel itself out due to no money set asside.
it has decline 14% in the past 2 years
If you receive ss benefits? Maybe. It depends on your total income - up to 85% of your ss benefits can be taxed if you have enough other income. If your only income is ss benefits, then you don't owe income tax on it.
Claiming dependents?
I already filed my taxes and claimed mine and my bfs daughter. I'm doing his taxes and its asking if he have any dependents. He does, but I claim her, so would the answer be no?She lives with both of us
Answers: I don't chew over you can claim her unless she is legally your dependent, even if she lives next to you. Per when I filed for taxes, my fiance cannot claim my daughter as a dependent because, she is not officially his child, or he is not her legal guardian. We live together & share a house wage in both our name, but that doesn't matter any. Also, what about her mother? Only one parent can claim a dependent, so it should hold been him, not you that claimed her, unless the childs mother have claimed her also.
EDIT-sorry, I misread. She is your daughter, so if you claimed her, then he cannot.
if you already claimed her, he cannot claim her as powerfully. answer "No" for HIS Dependents
Time for human being tax?
I have started working at a hotel just about 2 months ago. I have be paid but not given any remuneration slips and tax. I am liable to pay envelope tax. Will i still be capable of receive the pay slips of the second two months? And, will i be able to discharge the tax and National insurance of the final two months now?I dont know if it is past due already. How late can i reimburse these, if my employer is not doing anything?
Answers: Re Sosgez's answer, it is unlikely you will have to complete a excise return. The time limits he quotes are for self-employed empire. It sounds as though you are employed at this job. Is it a second commission? If not, are you above the tax parameter at the hotel job, or do you enjoy other income? Your employer should give you a form P60 after 5th April, when the tariff year ends.
I suggest you contact your tax department. If you do not know who deals next to your employer try any tax bureau of your choice. Staff will be able to notify you if your employer has registered your employment next to him. If employer is on the fiddle, toll office will bear it up. Although your employer should give you payslips, HMRC can't enforce it.
You still hold a year (to the day) to pay. The export tax year 2007-2008 end on April 5th. Shortly after that, your employer should distribute you a tax summary form.
The IR/HMR&C similar to to receive self assessment forms by sept 30th. If so, they do the calculation and consent to you know whats due.
Paying monthly (or weekly) is so much easier than a lump sum.
I would ask the employer for paysips. If no one else is getting them, it could be they are operating unlawfully. Or they might be incompetant.
I've been contained by a situation where my employer never compensated my tax or NI deduction to the revenue. I contacted the revenue and let them know - they agreed my story and I was within the clear. Don't leave it too long. If things look wrong, go and get another job.
bowdlerize - Steffi can't have worked incredibly long for the IR. You don't have to be self employed to own to fill within a self assessment form. I have one career and a little extra income and they require me to record a return.
Your employer might later claim (possibly untruthfully) that your wages own not had duty deducted. - the oness man on you to make your own deduction. Its a big problem if you have no written evidence that they are employ you. eg a letter of appointment.
By directive your employer must issue you a regular pay slip next to the hours and rate of pay and any tariff or national insurance deducted, even if you haven't have any deductions your employer must still provide payslips you must ask for them.
beside regard to your import tax and Ni if you are under the lower profits limits later no ni is payable as with the tariff if you earn below the tax threshold consequently no tax would be payable assuming you live and work surrounded by England, then you should hold provided your new employer next to a p45 and he would use the code from there,if you don't hold a p45 they you should be asking to complete a p46 and fill within which statement applies to you if you are still unsure speak to your local tax department.
If you are employed it is your employer's duty to operate a PAYE (pay as you earn scheme) and pay over income due, employer's NIC and employee's NIC on your behalf. You certainly won't bring into any sort of interest/penalties situation for not doing so.
I have never hear of any backdating of NI contributions (as they are based on weekly/ monthly earnings) so I doubt you will hold to pay those in a minute.
The income tax will however corner up with you at some point. HMRC can reduce by underpaid tax from previous years from current proceeds years after you underpaid.
Best advice would be to put money aside respectively month for the tax/NIC and ask your employer re payslips. You should get a p60 after the bring to a close of the tax year within April summarising your pay/tax for the year - this is more important than payslips.
As you enjoy started work in approximately December, this is 8 months into the due year and if you have no previous returns in this year you may still be making your road through your personal allowance - ie: in 2007/8 you effectively will earn your first lb5,225 charge free.