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    Simple Simon's Avatar
    Simple Simon Posts: 1, Reputation: 1
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    #1

    May 9, 2008, 05:09 AM
    No Federal Taxes being deducted
    I work part-time in retail in Tenn. File M-0. They are not taking any Federal Taxes out of my pay...even when I gross $150. I asked that $10 additional dollars be deducted, so that is all they are deducting..no other amount. I believe that is incorrect as I owed Fed Taxes for 2007 due to this. I need to find out how much they SHOULD be deducting. It is a corporation and I've gotten nowhere calling the corporate accounting office to resolve this issue.
    fhoss3634's Avatar
    fhoss3634 Posts: 17, Reputation: 1
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    #2

    May 21, 2008, 09:12 PM
    Hello Simon,

    What your company is withholding is correct. Go to IRS.gov, look at the tax chart on page 37 - making 150.00 weekly or 300 bi-weekly the withholding amount for M-0 equals 0.00 then you add your additional amount of $10 ithat s exactly what is being withheld.

    You may want to fill out a new W4 increasing the additional amount OR you can claim single and 0 exemptions and your additional amount. Using single will calculate taxes to be withheld --on the W4 there is a box for married filing at the higher single rate.

    Hope this helps!

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