Ask Experts Questions for FREE Help !
Ask
    Ralphstrn123's Avatar
    Ralphstrn123 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Jan 9, 2008, 06:26 PM
    Taxes w-2 and federal
    How does some one exempt there self from there state and federal taxes
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
    Uber Member
    		  
    #2

    Jan 9, 2008, 06:31 PM
    Simple, don't work and earn any taxable money. Next question.
    Ralphstrn123's Avatar
    Ralphstrn123 Posts: 3, Reputation: 1
    New Member
    		  
    #3

    Jan 9, 2008, 06:48 PM
    I agree with that but this person does work Would he have to go to the IRs office and get some kind of form
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
    Uber Member
    		  
    #4

    Jan 9, 2008, 06:54 PM
    I am not aware of how an individual would exempt themselves from Federal and State taxes. Do you mean not paying them at all ever or what? They would have to be a church. Are they a church?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #5

    Jan 10, 2008, 07:44 AM
    If the person had a taxable income, then he must pay the taxes. There is no choice. A Single nondependent is not required to file the tax return if the total income is less than $8,750.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #6

    Jan 10, 2008, 11:34 AM
    Ralph:

    MukatA and Twinkie both make good points.

    If you know your income will be so low for 2008 that you will not have to pay any income taxes (under $9,000 for 2008), you can enter the word "exempt" on your W-4 and your employer will not withhold any federal income taxes from your salary.

    A similar procedure is probably available for your state tax withholding as well.

    If you exempt yourself and it turns out your total income for 2008 IS below $9,000, you then will not have to file a tax return for either the IRS or your state.
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!

Federal Taxes paid in [ 4 Answers ]

How can I find out if my previous employer has paid any of the taxes they took out of my checks? Thanks! Just curious

Federal Taxes on businesses [ 2 Answers ]

Explain how the federal income tax structure impacts a business decision to finance with use of debt vs. equity.

Inheritance Taxes: Federal and in GA [ 2 Answers ]

My father passed away earlier this year, leaving 3 children a sum of less than $500,000.00. Everything was probated and distribution made between his 3 children. Just wanting to know if I have to declare this money as income and are there any taxes that will need to be paid, federally or to the...

View more questions Search