How do I start paying taxes from contract work and help with tax tips?

I started a year ago doing 2 maintianece contract work and got about ,000.00 in 2006 and I still had not paid taxes because I didn’t know where or how to. My contract place just gave me a 1099Form. I’m single and I recently just got a regular W-2 job. I’m in Minnesota. I am [...]

6 comments

Aug 28th, 2010

taxes?????????????????????????????

ok so i have a job where they dont take out any taxes out of my check. I have been working at my job for 4 years now. And for the year 2008 i did my taxes and i dont owe anything, I am getting money back from the fed and the state. does anyone [...]

4 comments

Aug 3rd, 2010

Taxes…….?

I do not have taxes taken out of my paycheck because I technically work for myself. About what’s the percantage that I’m going to have to pay for taxes? I get paid around 17 an hour and work about 40-45 per week, and I’ve had this job since June. Thanks. Accounting Sites The Ideal Small [...]

3 comments

Jul 26th, 2010

If I file taxes with my illegal immigrant husband, will we get back anything he paid in taxes?

I finally got a job, and was wondering come tax time when I file taxes with my illegal immigrant husband (I am a US citizen). Will we get back everything we could as if he was a citizen, or will they only give back my part? We also have a child together. Let me know [...]

5 comments

Jul 11th, 2010

What forms do I have to fill out for taxes if I make over $600 doing surveys for 1 company?

Hello there, This is the first I have ever really had to think about taxes and never exactly expected to make over 0 with one company doing surveys online. I am within 0 of breaking over the tax limit and I believe I will get a 1099 form if/when I do. I will probably just [...]

6 comments

Jul 9th, 2010

How are taxes handled differently in a sole proprietorship or just as an independent contractor?

I do financial research as an independent contractor for a hedge fund part time. I’ve done it for about 4 months and haven’t set up a sole proprietorship. It is to my understanding that if you do independent contract work you have to file taxes multiple times throughout the year? If I make my job [...]

4 comments

Jun 29th, 2010

How much taxes come out of a paycheck in Missouri?

I’m looking for my first real job and I was wondering how much taxes comes out of my check, like what percentage? The reason i’m asking is because i’m adding up my expenses and possible income but it’s only a guestimate when the taxes haven been taken out yet. Accounting Sites Head Count Guestimate Needed [...]

1 comment

Jun 28th, 2010

How do state and federal income taxes work?

I am 16, live in Michigan, and recently started working my first real job. On my most recent paycheck over half of it went to Federal Income taxes, State Income taxes, Social Security taxes, and Medicare taxes. Does this sound right? Accounting Sites Oklahoma Senate Passes Bill to Provide Military with State Income Tax Exemption [...]

1 comment

Jun 27th, 2010

Can a job take taxes out of your check without you filling out any paperwork?

I work at a restaurant in NYC and we’ve always gotten paid without taxes being taken out of our checks. We instead claim the money and pay taxes every year to the government. I just found out the job is going to start taking taxes out of people’s checks without notifying them first and without [...]

9 comments

Jun 20th, 2010

How do I pay more taxes/forfeit my tax return?

I’m 17 and I just got a job with McDonald’s, and I’ve heard about tax returns, and I was wondering how I can pay more taxes and let the government keep my tax return. Is this possible? I want to pay more taxes that the government can actually keep. Thanks I want to give to [...]

7 comments

May 2nd, 2010

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