Posts Tagged ‘taxes’

My dad has been on my back lately about getting a job so i finally got one- im eighteen. about to start wed. I always see him “doing his finances and taxes” and he says that i need to start doing them now that i have a job. problem is a dont know how. As im starting this new job, what should i be doing to “manage my money and taxes”?

even she is not us citizen yet
also she is not a citizen yet, and she had no income apart from me so can we file jointly if she has nothing to report or do i have to file married and seperately

How can someone minimize the taxes that he pay for the government? I thought its a concret law and every one has to pay the tax percentage according to his income!
by the way, I’ll be a green card holder soon.

we live together in home she inheritated in may 2007 she has no income only foodstomps for all of us my support is 16000 we have 1 child together she has sole custody of 3 children how can i claim as dependents at end of year i claim them on as dependents on my paychecks during the year
come on please i need some expert advise

I am looking for someone who can give me all around advice on taxes, retirement, investing…who can take a look at my money, bills and help me move from there…Middle class, late 30′s need help! Indianapolis, Indiana

I received a 1099 from my network marketing company for commissions and overrides. I also received a statement from them called Taxable Income REcap that shows how much I spent on Purchasing Products. You buy products at wholesale and sell them at retail. The difference is your income or “right now” money. This money is not easily tracked because they can’t tell how much you sold at full cost, how much you sold at discounts and how much you kept for personal use or as gifts to further your business. Do I need to somehow claim this on my taxes as income or should I just claim what was noted on my 1099? There is also a box on my 1099-MISC form that is checked that says “Payer made direct sales of $5000 or more of consumer products to a buyer (recipient) for resale.” Does this relate to me or is this the company just saying that I bought more than $5000 worth of stuff to sell as I see fit? Anyone have any experience with this on their federal taxes?

I’d like to learn about these things. Preferably from a source that is easy to understand.