Ask Experts Questions for FREE Help !
Ask
    rererice's Avatar
    rererice Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 17, 2010, 09:59 AM
    My job stopped taking federal taxes
    I had two jobs and in April they stopped taking federal taxe out on both jobs does this mean I will have to pay in? I made close to $9,000.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
     
    #2

    Feb 17, 2010, 10:06 AM
    Probibly. You have to be careful as employers tend to work on the presumption that the paycheck they give you is your only paycheck. When you have multiple jobs you have to be extra careful to take the right exemptions to assure you don't end up paying too little and having to find money to pay all at once.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Apr 21, 2010, 02:35 PM
    If $9,000 was yor combined income, and you are claiming yourself on your tax return, you will owe NO income taxes.

    REASON: Your combined personal exemption ($3,650) and standard deduction ($5,700) exceeds $9,000 by $350. Hence, no tax due! Grade school math!

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

My period stopped a day after taking clomid! [ 4 Answers ]

I hope someone can ease my mind a bit, I've been waiting for my period to come this month to start taking my clomid for the first time (been trying for over 2 years):mad: I always have a few days where there not much blood at al just a bit discharge then it starts a few days later. My doctor told...

Why did my work stop taking federal taxes out of my paycheck? [ 6 Answers ]

I work for a sporting goods store and only make 5,000 dollars per year. Last year I had taxes taken out of my paycheck, but this year starting about in April I started getting no federal taxes taken out of my paycheck. I have recently filled out a new w4 form and it didn't change anything, I...

Filing Federal Taxes Jointly and State Taxes Separately [ 1 Answers ]

My husband and I are both on Active Duty in the Military, and we were married in May of this year so this will be the first year filing Jointly. Is it sensible to file joint federal taxes and separate state taxes this year (Wisconsin and Maryland) even though we are both stationed and living in...

I quit my job, but the new job stopped hiring [ 3 Answers ]

I found a new job, great. So, I quit my current job a week ago and give them a two week notice (so I'm still on this job). However, today I got a notice from the new job that they have to freeze new hire due to the company policy. What can I do? Can I ask the new company to pay me for the lost...

My boyfriend stopped taking his meds... again [ 8 Answers ]

Hi there... I am new to this forum, to any forum for that matter... But, I need to get some outside advice on this one My boyfriend has been taking citalopram pretty much since I met him a year and a half ago. About 4 months ago, he stopped taking his pill and was fine for a week or so, then got...


View more questions Search