1 ck to feds, 1 ck to state, divide last year's taxes into 4 payments...
Posted By: nm on 2006-02-18
In Reply to: Yet another IC tax? - help please
xx
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- Yet another IC tax? - help please
- 1 ck to feds, 1 ck to state, divide last year's taxes into 4 payments... - nm
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I did not pay state taxes last year...sm
and wanting to get them paid now ASAP so it will not delay my tax return now. Does anyone know how the quickest way I can do this and get credit so as to not mess up the timing of my tax return. It was only like $130.00 but we have had such financial hardship this past year that that was hard to come up with at times. I was wanting to do Turbo Tax like I have for the past few years. Any ideas? Thanks!
to cowgirl - Last I knew, last year the job paid $25,000/year no taxes, etc.
The hospital was bombed about a year ago, but not a lot of damage, very minimal damage.
Taxes, SS, fed and state, how do I sm
figure out how much to set back from my pay in order to pay the required taxes? Any websites out there to help me figure this out? TIA
What do you mean? They pay/deduct all but state taxes?
.
Yeah, really. Why should we pay state taxes
in the company's state as well as our residence state? That's double taxation. Although, the way I read it was that it was for people who go into the office part of the time. True telecommuters. Most of us don't.
not really, state taxes are not the problem here-sm
it's the property taxes that are out of control
The only tax I have to save as an SE is state tax. Other taxes are withheld by company
xx
Telecommuters being asked to pay taxes for home state of
By TOM HERMAN and RACHEL EMMA SILVERMAN Staff Reporters of THE WALL STREET JOURNAL November 1, 2005
A move by the Supreme Court means that many telecommuters could ultimately face higher income-tax bills.
The nation's highest court yesterday declined to hear an appeal by a Tennessee man who telecommuted to New York and was charged by that state for taxes on all his income. Because the Supreme Court won't review his appeal, New York's decision stands.
Many telecommuters could face higher state income-tax bills if other states are emboldened by New York's success and enact similar rules that tax out-of-state telecommuters. Some members of Congress already have introduced legislation to protect telecommuters from such taxes.
Some 9.9 million people work at home full- or part-time for employers other than themselves, according to the Telework Advisory Group at WorldatWork, an association for human-resources professionals. As telecommuting has become increasingly popular in recent years -- and as higher gas prices make commuting even more expensive -- millions of people are working in one state for employers in other states. Tax issues may arise over which state or states can tax a worker's income.
New York, a high-tax state that's home to many large corporations, has pursued out-of-state telecommuters aggressively. "By its silence, the Supreme Court permits other states to do the same," says Nicole Belson Goluboff, an attorney who has written extensively on telecommuting law. "Any state might find this attractive and go ahead and start taxing nonresidents."
A handful of other states, including Pennsylvania and Nebraska, already have rules similar to New York's.
The case at issue involved Thomas Huckaby, a computer specialist who lives in Nashville. Earlier this year, New York's highest court, in a 4-3 decision, said Mr. Huckaby owed New York taxes on all of his income from a New York employer -- even though Mr. Huckaby had spent only about 25% of his time in New York and the other 75% in Tennessee.
The Huckaby case involved a New York State tax-department rule affecting people who live in another state, work for a New York employer and occasionally come to New York on business. That rule says income from work performed out of state is taxable by New York unless it's done for the employer's "necessity." Mr. Huckaby acknowledged his employer didn't require him to work in Tennessee, says Peter L. Faber, a New York lawyer who represented him. Mr. Faber argued New York's "convenience" test violated state law and the U.S. Constitution by taxing income earned out of state.
The New York rule could have wide-ranging implications. It may affect not only people like Mr. Huckaby, but also others who live in neighboring states, work in New York and choose to do some of their work at home. "We need federal legislation" to protect both types of workers, Ms. Goluboff says.
Consider the case of Edward A. Zelinsky, a law-school professor who lives in New Haven, Conn., and teaches at a law school in New York City. He says New York taxed him on all his law-school wages even though he spent 60% of his time at home doing research, writing, and grading exams and papers. Prof. Zelinsky lost his case in New York's highest court, and the U.S. Supreme Court declined to review the decision in 2004.
New York adopted its rule many years ago. Officials were concerned about commuters who lived in a neighboring state, such as Connecticut, and brought work home on weekends, worked on Saturday and Sunday, and then claimed to owe New York tax on only five-sevenths of their income, instead of 100%.
Telecommuters might get a reprieve if Congress passes proposed legislation called the Telecommuter Tax Fairness Act. The bill, which seeks to prevent states from collecting taxes from employees for work performed outside that state, was sponsored by Democratic Sen. Christopher Dodd and Republican Rep. Christopher Shays, both from Connecticut. Under the bill, workers would have to be physically present and working in a state for that state to be allowed to collect income tax from employees.
Sen. Dodd said yesterday that the court's move "underscores the need" to take legislative action.
The Supreme Court announcement is not a decision on the case's merits. The lower-court ruling stands and could, of course, lead other states to enact such rules. But it doesn't mean that the court has decided the issue or that such laws will be upheld if appealed in the future. Copyright © 2005 Dow Jones & Company, Inc. All Rights Reserved.
right, taxes are paid in the state where you earn 'em...
since you work at home, you earned your wages in your state and pay them to your state.
Taxes are deductible and it does help out at the end of the year.
Be sure to try to get fixed. I have 7.5 fixed for 30. They do have 40 yr mtgs now. And you can always refinance if your financial picture changes. When I moved into my home, i had no cable, a junky car and ate like a poor person. Once, to make my mtg, during a really rough time, i sold my bedroom suite. Keeping the roof over our heads is #1 priority. You sound like someone responsible enough to do this. Would you qualify for this loan on your own? Getting his name on this house might not be smart thing to do during these rocky times?
Why don't you ask the accountant who did your taxes last year?
I'm sure they are better able to answer that question than anyone here.
I was told this year by the lady who our taxes...
that if it the dictations are 2% of your income for the year then it will count...she told me to keep a list of everything just in case but I don't think my deductions would add up to anything since I am an employee...
Well, my husband and I paid 58% last year in taxes. I swear! sm
I won't tell you our gross, but it's above average, we both work 70+ hours a week and we are struggling to pay our bills - parents of 3 young children.
I am scared to death of Democrats being back in office. GW at least wants tax breaks for families like ours. If the Dems are in office I'm afraid we'll be taxed more to help pay for people like my niece who had babies beginning at age 13 and has never had a job in her life. How can this NOT outrage anyone - yet I know there are people out there who tell me to get over it, it's life, those other people are 'entitled' to our money. It's absolutely vile and disgusting.
Working for the Feds
There are many perks working for the feds. As you note, they get annual raises but you should also keep in mind that the salaries you see posted on the job announcements don't include locality pay ( extra percentage of pay added to the base salary and dependent on the geographic location of the work site).
Some other things to consider along with annual COLAs are:
increases in pay as you advance in steps within the G/S rating...for instance going from G/S-5 step 5 to G/S 5 step 6.
pretty good job security. Even if you should lose a job at one location due to workforce reduction you are on a priority list for hire in another location.
Bennies aren't bad. Nice rates of annual and sick leave.
opportunities for advancement.
The bad things about it is that it is a bureacratic behemoth with alot of jerks as bosses. What else is new , right?
The state (Alabama) penalized me this year.
I was told they do not the first year, but after that they do. It was like $50, and I will have to pay it again this year since it was June when I was hit with it, but I am seriously thinking of paying estimated tax starting next year.
Buy local. The local stores pay taxes to support your city and state. (SM)
Using online and catalogues does nothing to promote the local economy. We complain about outsourcing and about the big companies gobbling up all the work so the jobs at local hospitals are gone, yet we do the same thing when we buy on ebay, catalog, and these web sites that may be located any place in the world as their primary business location.
IRS payments
After doing a lot of research on our own, we filed Chapter 7 in October 2005 pro se (without an attorney) because from what attorneys charge and what they actually do for you isn't much when it involves bankruptcy and with the new laws that came in to play in 2006 we figured they would be swamped with filers who didn't want to wait until the new laws went into effect. many of them also aren't very familiar with BK laws and you really need to interview at least 5 or 6 lawyers before picking one. We did not want to go to the trouble.
Student loans and IRS debts are never discharged in bankruptcy, unfortunately; however, if your tax debt is over 3 years old it might be forgiven as long as it was all due to income, two years lapsed since filing, and it was included in your schedule and discharged. You also need to check your bankruptcy laws for your state-the above is federal, but you need to get out your discharge papers and your schedule of debts to make sure you included the taxes. Any additional tax debts you incurred after you were discharged cannot be included in the bankruptcy. You probably knew this already. Any debts you incurred before the discharge can be. Just make sure it is on your schedule and that the IRS was notified of your discharge. You can open an account on Pacer if you don't already have one if you don't have your BK paperwork. I'm assuming the bankruptcy court in your state uses Pacer. Most of them do. Here is the website: http://pacer.psc.uscourts.gov/
Good luck. It will take a lot of paperwork and going back and forth but I bet you could do it. Also, a lot of times, when you file BK using an attorney, they are usually done with you once you're discharged unless that was included in our contract for an extra fee.
They do have to work on less insur payments, etc.
nm
Stedman's isn't free, but they can bill you for installment payments
/
deduct telephone, electric and portion of house payments.
Hope this helps!
Apparently. I have some I have had to divide
xxx
You can't divide files with ES.
You may still be able to use the Sony software to do the editing/dividing but I don't know enough of that software to be certain. You can try to find a free program out there that can do the same thing for you at: http://www.thefreecountry.com/utilities/audioeditors.shtml
Otherwise, I'm happy with the ES software.
OH I FORGOT -- Divide the AutoSum # by 65!! LOL nm
..
Not so bad if you can divide it into 7 days. Gross.
I couldn't even think about eating a half of a donut, but even thinking about adding a cheesburger is just insane.
What do these people wash this thing down with, a 2 liter Mountain Dew?
I get heartburn just thinking about it.
Oops... divide by 65, not 64.... typo... my bad...nm
nm
I did not start this to divide us..It was to unite us
I am in the beginning stages of this fight..Whether HIPAA is a fighting point or not I am not yet sure..It was a thought...I am researching more on Homeland Security...HIPAA and this new electronic medical record thing that people have been speaking about...While I research..All I am asking for is two things one is if you are willing to go forth with this with me...I blind copy mass emails so NO ONE will get your emaill address... And two give me ideas and guidance...If when the research is done and it doesn't look like it will fly what have you lost,,,nothing..What have I lost a lot of time and energy but at least I gain knowledge...Lets not fight amongst ourselves that was not the idea...
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And don't forget you have to divide the character count by 65 :)
x
One client uses word count.....total divide by 1000
nm
I have a QA question. Is it normal to divide your errors by your total lines? I thought
it was supposed to be your errors by either total characters or total words, but total lines just doesn't seem right. You do a 90 line report and have one error (that is counted as two points) and you have a 97.78%. I put an instead of a (on accident of course) and got docked two points and failed the review for that patient. That just doesn't seem right.
Is this normal?
You have your W2 showing very clearly those taxes were paid. MQ is responsible for those taxes
because you were a statutory employee. That is the responsibility of the employer to pay those just as though you were an employee.
Work for a company in a state that has no state income tax
I think there are 3 or 4 out there (Florida, Texas, and a few others.) Then you really avoid the tax situation.
Name a state and put every company in that state under suspicion.
Tell what the first letter of the company is and every company with that initial will be suspect. I would imagine that everyone who works for that company has received an inquiry from department of labor, so they would all be aware of it.
Why do we persist in setting up companies to be torn down when there is no reason for it. If a company is suspect, then give the name of the company, don't give big hints that cover at least 5 companies, 4 of which may be the best companies to work for, but fall into the category of an alphabetical letter, etc.
Contact your local BBB in your state and in their state if different from yours.
xx
Not mandatory, as you state it depends on your state - sm
or county. Where I am I do not need it; though if I was cutting grass or landscaping I would where I live, makes no sense to me as I am providing a service, but very happy I don't have to have one. We pay personal property tax here and I would have to list all my business related equipment and pay taxes on it every year I was in business. So until I am told otherwise by my county, I will not be getting a business license.
As an IC when paying taxes, are SS and fed taxes sent SM
to the same place?
Mine are in year-round thank goodness! They've started their new year 2 months ago.
x
Union diesil mechanic - good pay, great benefits. We swap year to year on who brings home more sm
money.....but I am an IC and he has all the benefits...health insurance/dental that the company pays for, pension plan, 401k, etc. Factor all of that in and he makes way more than I do.
44-year-old WF, M, Texas, 3 grown kids, just had 26 year wedding anv.
nm
nope, still crunching last few days of year to hit my 50k this year. how can you when you haven'
;
varies from state to state...nm
x
deluded are ye? state by state..sm
http://www.washingtonpost.com/wp-dyn/content/article/2006/05/15/AR2006051501201.html
http://www.votefraud.org/vote_fraud_articles_by_state.htm#VO
http://www.votefraud.org/
Some people just CHOOSE to live in DE NILE (DENIAL) and we all see you are ONE OF THOSE.
Some of us CHOOSE to go through life as a REALISTS!
Things are different from state to state, but I think
you probably could, if you are actually "laid off." You would have to get a letter from your surgeon regarding your temporary disability status and take to the unemployment office and to Medicaid....but you know how Medicaid works, 1.5 pennies over the income limit, you don't get it. But, as I stated, laws differ from state to state, so you would have to inquire or go on their websites and see what they will approve and what they will not.
If not in your state, try filing in THEIR state. Then they
nm
Nothing this year. We ALWAYS got a cool surprise in the past, but this year nothing. :-( nm
d
After I went to a 1-year MT course at a vocational school, it was so bad that I did the 2-year colle
Not only did I finally receive the proper training, but the woman on the advisory board hired and mentored me. I also joined the local AAMT and networked. Good luck. I know how frustrating it can be. A community college will have a good program to include medical language, MT courses taught by local MTSOs, business English, anatomy and physiology, pathophysiology, etc.
Each state has different laws. Where I live, if I have clients in the same state I live in, yes I ne
have clients from another state, no I do not need a license. Every state is different. I checked with my attorney and the State Business offices.
THANK YOU! That is my point. She still pays taxes, her DH still pays taxes...
so who exactly is getting cheated? And just who are you talking about when you talk about whether it is "fair" or not. I don't give a crap how much taxes my neighbor pays. It's none of my business. And if I found out they were paying less in taxes than me, I would ask them how they heck are they doing it so I can do it too!
I just want ask, is it necessary to get personal and insult? You disagree with me, fine. But I've been called a liar, a cheat, a no-ingetrity thief, my intelligence has been insulted, and I have had my parenting skills questioned. That is a little over the top. If you cannot debate an issue without resulting to personal attacks, then YOU are the stunted one!
It is a very good thing that some of you work at home, ALONE! You are sorely lacking in people skills and diplomacy. Let me guess, when you worked in the office you were one of those girls who didn't like to share her desk, griped if someone dropped a crumb on your desk, and kept track of everyone's breaks, lunches, and line counts just so you could tattle to the supervisor! I've worked women like you, it was like working with kindergarteners. That's why I came home to work. Do us all a favor, looking in the mirror, count your wrinkles, and realize that this isn't high school anymore!
I think he makes $700,000.00 a year, and if they ask him to walk before his first year MQ has...sm
to pay him a cool 1 million dollars. You can check this out at the Medquist website. I think the CFO makes $350,000 a year, and the head of IT makes $250.000 a year.
P.S. This does not include the perks, like expense account, car allowance, sign-on bonus, etc.
Our 16 year old son has been working for a year now to pay for his truck.
He's learning how to sand and do body work and how the engine and transmission go together. My parents didn't buy cars for my siblings and I either. I had a 20+ year old beater car until I could afford to move up to a a newer one.
I see all the nice new cars parked in the high school parking lot every day. It's nice that so many disrespectful punk kids get handed something nicer to drive than what all the teachers drive. Oh, well. Honestly, I think most of them borrow Mommy or Daddy's car or are the child of a doctor who can afford to hand them everything.
Hopefully, my kids will take better care of their cars because they bought and built them on their own. You're not going to grow up to be responsible if you don't work hard for something and expect Mommy and Daddy to bail you out all the time.
Oh, my Dad lectured us on even allowing our child to have a vehicle because Dad didn't have one until after he had worked his way through college, lettered on the football team, got straight As, lettered on the baseball team, yadda yadda. He either walked or hitched a ride. Yeah, well, times were different back then, Daddy-O. LOL At least my kid has the opportunity to work and earn his own car.
IC - 30 hours week, $98K last year. So far this year - 28K. sm
Individual IC - own account(s).
Not me, owed last year, and expect to owe this year- sm
or break even, had more expenses this year. Only owed $200 but still don't want to owe at all. Need to start doing estimated tax payments again so I don't owe! Guess I will get off my butt and do that this year.
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