Some Small Tax Questions

Ok, tax Question!?

Ok In 2018 I made $26.79 a hour and then $30 a hour on the weekends. I had to be off from November-December due to having back surgery. I ended up bring home pay 33,200. And I owe $915 in taxes. My boyfriend however made $16 a hour last year and grossed $33,900 and received a $1,200 tax return. My question is, how is it right that I ended up making more during the year total, but brought home less then he did! And we worked the same amount of hours during the year! We both our “single” with no kids. So I’m so ticked off right now. Why should I work and “make more” money a hour if I’m not going to see that money. When I could get an easier job and make less and then end up making more??? Im not complaining about how much I made. Yes I made a decent living. But after medical bills and such I’m still playing catch up. But I don’t think that this is fair, because it just proves how screwed the system is.

A small Question about taxes...Can you help me? ?

A small Question about taxes...Can you help me?
I want to buy a laptop at walmart that costs $349.99
when I pay at the cash register how much will the total price be including taxes????

would it be like $390 or something???

I am going to pay with cash so how much cash should I have to be exact???

I live in Minnesota

A couple tax questions?

This is something I've always been a little curious about, so I figured I'd ask.

Do any people who have had legal issues have to pay extra when it comes time for taxes to be filed? I'm referring to "common criminals" such as sex offenders, people convicted of abusive acts, those currently on probation/parole, etc.

Also, while on the topic of taxes, how are taxes different this season after the changes that were made? If someone only works certain times of the year... like a "seasonal" job, then they usually draw unemployment or something the months they aren't actively working, would they receive a refund, or owe money? Let's say they also don't have a spouse, kids or other dependents - how would that change things? How would the situation change if this same seasonal worker DID have at least a spouse and/or one child?

Final tax question - how does it work for veterans? I know that active duty members are sometimes eligible for nontaxable combat pay, but what about those who HAVE served... just aren't active duty anymore? Do veterans get any "automatic" refunds or compensation each year just because they did in fact serve their country? Since I'm not military or a veteran, I wouldn't know, but I certainly think they should get something if they don't.

Again, none of this really applies to me personally... I was just curious about how different scenarios played out when it came to taxes.

I need some help with small business questions?

1. All of the following are advantages of a partnership EXCEPT:
a. partnerships have the greatest ability to accumulate capital of all of the forms of ownership.
b. partnerships avoid double taxation since the partnership itself is not subject to federal taxation.
c. partnerships offer the ability to combine the management and business skills of two or more
d. people in a complementary and powerful fashion.
e. partnerships are relatively easy and inexpensive to establish.

2. obably the most important reason to have a partnership agreement is that:
a. t determines how the partnership and the partners will pay taxes.
b. it states the purpose and the location of the business.
c. t resolves potential sources of conflict that, if not addressed in advance, could later result in partnership battles and dissolution of an otherwise successful business.
d.. it identifies the name of the partnership and protects the name from infringement by others.


3. The key to choosing the right form of ownership is:
a. irrelevant since choosing a form of ownership is merely a technicality and has little impact on the business and its owner(s
b. forming either an S corporation or a limited liability company since they are the only forms that offer owners liability protection.
c. envisioning where you business will be in 10 years.
d. understanding the characteristics of each form and knowing how they effect your business and personal circumstances.

Simple tax question please?

Hello, I will keep the numbers small and easy in this example. Lets say I do a job for someone and go through a broker. The broker pays me $1000 for the job so that is what is sent to my bank account. However on the work order you see that the job paid $1200, the broker took $200, and paid me the $1000. Come tax time, do I report I made $1200 and paid $200 to the broker as an expense? Or do I just report I made $1000?

Self employment tax question?

I have started this transcription job from home part time. I will probably make around 2000 dollars this year, if that. I am sure I will have to file my own taxes, but it almost seems silly for such a small amount? Last year, i stopped working in Feb. bc I had my daughter and stay at home with her now. So, for Jan-Feb 2010 I only made 1500. This was with my actual job though, that deducted my taxes. Thing is..when i filed, i got every penny back that I put it.. bc it was such a tiny amount of money i made for the year.

So...why should I have to pay in making only 2k ? is it different when its self employment? And, how does the IRS ever know you are self employed, especially if you dont have a large business ect? My boyfriend usually claims me as dependent bc he supports me and our daughter.

Any knowledge about this stuff?