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You earned 50.00 from one company do you have to claim it on your taxes?
Wiki User
∙ 8y ago
The answer to this question is yes. All income is to be reported on your tax return. The company who paid you is only required to send you a 1099 form if your income is above $600 but even if you don't get a 1099, that does not relieve you from your requirement to report all income and to pay taxes on this income.
Wiki User
∙ 8y ago
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What if your son is 17 years old and had earned 5000 during 2009 Does he have to file a tax return?
He is not required to file a return at that income level but if any taxes were withheld, he should file so that the gets a refund of the taxes he paid in for federal and state withholding.
Your mom passed away this year and only made less than 5000 does she have to claim this?
My mom passed away in march. I am the exexutor of the will. She only took in less then 5,000. She paid no taxes out of that amount.
How much are taxes in Florida on 5000 dollars?
None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.
Do you have to claim all your w2s if one is less then 5000?
Yes. There is no exception for W-2s under $5000.
I won a 5000.00 gift card from IKEA how do you claim this on taxes?
On the 1040 federal income tax return page 1 line 21 other income GIFT CARD FROM IKEA LINE 21 5000
What if your son is 17 years old and had earned 5000 during 2009 Does he have to file a tax return?
He is not required to file a return at that income level but if any taxes were withheld, he should file so that the gets a refund of the taxes he paid in for federal and state withholding.
Your mom passed away this year and only made less than 5000 does she have to claim this?
My mom passed away in march. I am the exexutor of the will. She only took in less then 5,000. She paid no taxes out of that amount.
How much are taxes in Florida on 5000 dollars?
None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.
Do you have to claim all your w2s if one is less then 5000?
Yes. There is no exception for W-2s under $5000.
I won a 5000.00 gift card from IKEA how do you claim this on taxes?
On the 1040 federal income tax return page 1 line 21 other income GIFT CARD FROM IKEA LINE 21 5000
Do I have to claim winnings in Las Vegas as income?
You may have to report your casino winnings on taxes if they exceed a certain amount. The game you won in also plays a role if you have to pay federal taxes for the winnings. If you won a poker game, the minimum taxable amount is $5000. Even if you don't have to pay taxes, it is still your duty to state them on your tax report.
If you made less than 5000 will you get a return on taxes?
Yes. Yes.
What company has 5000 cellular transmission sites in India?
American tower company
How much money will a 5000 CD earn at an interest rate of 3 percent in eleven months?
5000 x 1.03 ^ (11/12) = your total interested earned
Is globe telecom included in the top 5000 corporations in the Philippines?
Globe Telecom is one of the biggest telecommunications company in the Philippines. The company belongs to the top 5000 corporations of the country.
You sold a pickup for a 5000 loss Can you write it off of your taxes?
Presuming you didn't own this as a business asset: NO.
Do they take taxes out of Ga lottery on 5000 before you collect?
Assuming you are not a non-resident alien, there is no federal withholding on a prize of exactly $5000 unless you are subject to backup withholding. On a prize of $5000.01 or more, there would be withholding. Georgia withholds at a rate of 6%. Several documents I found say this applies to prizes of "more than $5000." However, I looked up the actual Georgia code and it says "$5000 or more." Whether they take any taxes out or not, you still have to declare the full amount on your tax return at the end of the year and pay taxes at that time.
