STYLETHREAD -- LET'S TALK SHOP!

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Tax question


Chanel

Status: Offline
Posts: 3178
Date:
Tax question
Permalink Closed


So what is the cut off point of income where you don't have to pay taxes?  Seriously, I have a part-time job, make hardly any money from it (the only reason I am staying is for the health insurance) but yet again this year I am paying taxes?!!!  I use the H&R Block Turbo Tax.  Today's payday for two weeks over $50 went to tax

__________________


Chanel

Status: Offline
Posts: 3274
Date:
Permalink Closed

under 5000? i think....

but i think you still have to fill out the paperwork, but you should get most of it back.

__________________


Gucci

Status: Offline
Posts: 2902
Date:
Permalink Closed

the cut off point would be where your income is less than your standard deduction plus your personal deduction (not sure your filing status so I don't know which amount that would be for you).  Also how are you filing your taxes?  ie: Single, married filing joint? married filing separately?

__________________


Chanel

Status: Offline
Posts: 3178
Date:
Permalink Closed

I'm filing single, no dependents or anything.   I made more than $5000 for sure but less than $10,000.  I thought it was less than $10,000 that you didn't have to pay anything, guess I was wrong!  Gosh I wish I was over 25 so I can get the EIC!

__________________


Hermes

Status: Offline
Posts: 7139
Date:
Permalink Closed

I thought the max amount you could make to qualify for exemption was ridiculously low, like $1,500 a year or something?



__________________
To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment ~ {Ralph Waldo Emerson}


Kate Spade

Status: Offline
Posts: 1348
Date:
Permalink Closed


Elle wrote:

I thought the max amount you could make to qualify for exemption was ridiculously low, like $1,500 a year or something?



Yes, that sounds right, if not lower!

__________________
Fashion your life as a garland of beautiful deeds. -Buddha
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard