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

    Jan 22, 2009, 09:58 PM
    Claiming money
    I dj I had 2 jobs one paid $400.0 and the other $450.00 the company that hirerd me had me fill out I believe it was a w4 in order to get paid do I need to claim this on my taxes no money was withheld whot do I need to do before I file my taxes?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Jan 23, 2009, 03:13 AM

    Did you file W4 or W9? If you filed W9, you are an independent contractor and you must file return if income is $400 or more.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Jan 23, 2009, 10:12 AM
    If you get a W-2 from each job and you had NO income taxes (federal or state) withheld, and these were your ONLY source of income, you have no legal requirement to file a tax return.

    However, keep an eye on the news. The upcoming economic stimulus rebate may require that you file a return to qualify.

    Finally, if you did NOT get a Economic Stimulus Rebate in 2007, this income may be enough to qualify you for the $300 Recovery Rebate. Look at the instructions for 2008 Form 1040A to determine if $950 is enough to qualify.
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!

Who sings the song that goes like this."money money money, money?" [ 5 Answers ]

Do you know the artists name?

Who sings the song that goes, Money, money, money, money? [ 12 Answers ]

Who sings the song that goes something like this... Money, Money,Money, Money?

Previous Landlord Claiming I Owe Money and is Suing [ 2 Answers ]

I moved out of a townhouse and I gave the landlord my notice to move on may 1st so I could move out on June 30th so this covers the 60 days required. The landlord refused to sign our copy of the letter stating that he had to process it through the rental company and we would get a copy later. He...

How much money can someone receive by claiming head of house hold. [ 3 Answers ]

I need to know how much money can one receive for claiming head of house hold.

View more questions Search