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- 2Upvotes of all answers to this question
Child tax credit and stimulus checks. ?
I am curious if anyone else has experienced this or not. Filed jointly with my wife and we have two kids. Entered their info and said they are approved for the CTC for 2,000 each. Further into our taxes came a question about the stimulus checks and we got the first two, so we entered the amounts we got. Than after doing that I noticed the 4,000 for the CTC was gone? I'm assuming its because of the stimulus checks we got but I try looking online for any info and I cant find anything.
6 Answers2 months ago - 6Upvotes of all answers to this question
Is there a way for my employer to employ me without that he pays taxes?
I don't know, some kind of contract, some kind of modality where he doesn't pay tax to add to my salary?
Example: he pays me 850£ per month and that's all he takes out from his side.
4 Answers3 months ago - 9Upvotes of all answers to this question
How long does someone have to send out 1099 misc? Is it extended due to coronavirus?
My "employer" is supposed to send me a 1099 misc. I do contract work for him when he's backed up with construction jobs.
Last year I didn't receive this until the end of March.
This year still nothing. He said he was going to his tax person weeks ago and she'd send me it. But it never happened I have contacted him multiple times requesting the form or even just the total of what he paid me to confirm it's the same as what I have added up and I always get "I will tonight" or "I will tomorrow". Then he never does and I get "got a lot going on". Which isn't true. He's just a lazy irresponsible person.
This last conversation he informed me the tax deadline had been extended due to the coronavirus. Which is true... but idc. My wife and I would like to file our taxes already.
I keep copies of all the checks he writes me so I would file with just my own assumption of what I think he paid me from adding them, but last year his number was different than mine. (I'm assuming he lost or forgot about a payment cause it was less..).
So when exactly is he supposed to be sending this form by and is there something I can do to get this sooner? Does he really have longer to send it to me due to the tax filing extension?
6 Answers1 year ago - 2Upvotes of all answers to this question
are monthly paymments for back taxes suspened?
5 Answers1 year ago - 5Upvotes of all answers to this question
What does original condition mean?
Favourite answer:You cannot return it because you USED it. It is no longer in its original condition. In its original condition means UNUSED. For example, you received it and changed your mind and did not remove it from the box. Or, perhaps, you opened the box and looked at the top of it, changed your mind, closed the flaps and taped it closed again. Your washing machine is a USED machine. Clearly not in its original condition.
6 Answers1 year ago - 4Upvotes of all answers to this question
How do some rich people lose so much to tax?
For example, a man inherits $7.3M and he gets taxed. How does it work and how much roughly will he lose?
11 Answers1 year ago - 2Upvotes of all answers to this question
How can I vacuum the ceiling.?
Favourite answer:Let's take this at face value: Use the extension attachment hose if your machine has one. Still can't reach? Then stand on some steps. Huge ceiling to do like in a palace? Get some plasterers stilts or hire a contractor.
NB: Push vacuum cleaners on wheels can only work upside down in Trolland.
10 Answers2 years ago - 8Upvotes of all answers to this question
if you forget to add something that is tax deductible to your tax form is that an over-payment or underpayment to the IRS?
Favourite answer:Overpayment. It's like you're saying I earned too much when in reality you didn't (some money should be taken off for w/e reason)..
5 Answers2 years ago - 1Upvotes of all answers to this question
- 5Upvotes of all answers to this question
- 2Upvotes of all answers to this question
how do i prove i do not owe sale tax?
6 Answers2 years ago - 2Upvotes of all answers to this question
- 9Upvotes of all answers to this question
Can I use youtube as a business when financing a car ?
for example; When buying a car at a dealership, when filling out the paperwork - theres a part that asks you what your job is and your salary.
im a youtuber and i was looking to buy a tesla soon - so on the paperwork , could i use youtube as the option? i make well enough per month
8 Answers2 years ago - 31Upvotes of all answers to this question
Why aren't Trumps giant tax cuts paying for themselves yet? Shouldn't the deficit be dropping, instead of going way up?
Favourite answer:Only his morons believed him!
18 Answers2 years ago - 5Upvotes of all answers to this question
- 76Upvotes of all answers to this question
- 3Upvotes of all answers to this question
- 32Upvotes of all answers to this question
Trumps Tax Reform Act Who was behind this turkey of a ‘tax cut’ bill?
Favourite answer:The GOP never thinks of that
The Reagan tax cuts, revenue dropped so they raised taxes, left the income tax rates alone but more than doubled the gas tax, started taxing SS benefits and started having government employees pay taxes, all these offset the income tax cuts to wealthy.
The Bush tax cuts only created massive deficits but caused local taxes to skyrocket, he also thought of raising gas tax (which mainly hurts the poor)
Trumps tax cuts need to be divided/separated into personal income and corporate.
First corporate taxes needed to be cut, it was long overdue, ( what bothers me though if corporate tax cuts were needed so bad why did the GOP reject Obama's proposal to cut therm? Just think thee economy would have got a shot in arm 4 years earlier, but the GOP would never let thee Blackman have the credit). And the corporate tax cuts have fueled the economy
On the other hand the personal income tax cuts mainly went to the upper 20% and all it did was increase the deficit
11 Answers2 years ago