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How much money can you pay someone before it has to be claimed on taxes?
Wiki User
∙ 13y ago
Generally, you will file Form 941 (PDF), Employer's QUARTERLY Federal Tax Return, or Form 944, Employer's ANNUAL Federal Tax Return, to report wages you have paid, tips your employees have reported to you, federal income tax withheld, social security and Medicare taxes withheld, your share of social security and Medicare taxes, and advance earned income credit payments. Form 944 may be filed only by small business employers who have been notified to file that form. To report wages and taxes for farm employees, you will file Form 943, Employer's Annual Tax Return for Agricultural Employees.
A separate Form 941 is filed for each quarter. The first quarter is January through March. The second quarter is April through June. The third quarter is July through September. The fourth quarter is October through December. Form 941 is due by the last day of the month following the end of the quarter. For example, wages you pay during the first quarter, January through March, must generally be reported on Form 941 by April 30th. Go to the IRS.gov web site and use the search box for Topic 758 - Form 941 -- Employer's Quarterly Federal Tax Return and Form 944 -- Employer's Annual Federal Tax Return
Wiki User
∙ 13y ago
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What is the money someone has earned before any deductions such as taxes?
Gross income
Does the money from small business grants need to be claimed on my taxes?
Yes, money from small business grants need to be claimed on your taxes. You can read more information at governmentgrant.com/state-grants/arkansas
Can someone who receives food stamps be claimed as a dependent on your taxes?
yes they can
If someone is self-employed how much money do they have to make before they have to start paying taxes?
$400.
Are there any laws on death and taxes due after death?
No , if someone dies and there estate is worth alot of money taxes may be taken out before the money is distributed to the family or heirs. If you have a spouse they will have to still pay the taxes.
If your parent claimed you on their taxes you supported yourself they didn't how do you get them to pay the money they owe?
Tell them to give you half of the money or you will start doing your own taxes. If you are under 18 yrs of age. then you have no say in the matter you are a kid and the money is your parents to do with as fit. You can only be claimed on someone elses tax return if you qualify as their dependent and you don't claim yourself on your own one. So, file your own tax return. However, you may end up paying taxes. You do not get money back from tax because you spent it on yourself.
Can your parents claim you on their taxes if you claim one?
no, once you claim someone you cannot be claimed yourself
Do you have to pay the taxes on the money before you can get it?
yes
What happens if you claimed yourself and your parent claimed you as a dependent on taxes?
you will have to pay your own taxes not your parents.
Can someone claim your child on their state taxes if you claimed that same child already on your federal taxes?
No, the state will accept only dependants listed on your federal return
Can you claim someone that is on public assistance on your taxes?
Unless you are providing more than half of a person's support, you can not claim them on your taxes. If a person is surviving on public assistance, and supporting themselves from that they can not be claimed on taxes.
How do you find out if someone claimed your kids on their taxes?
I was on assistance and my mother claim my kids on her taxes until they were old enough to work themselves. I just found out about it. Is there anything I could do about it?
