Another question about taxes...
1 - 12 of 12 Posts
Joined
·
1,491 Posts
I doubt you would owe much if anything. States do vary so you may want to check with someone locally.
Joined
·
10,871 Posts
You need to report it as other income, but no, last year your income was so low you'll likely end up owing nothing overall.
Joined
·
4,978 Posts
I wouldn't think so. We(dh, I am a homemaker) make almost $100,000 a year and we still get a return of over $1000.
Don't panic! I hate tax time! Bah!
Don't panic! I hate tax time! Bah!
Joined
·
10,871 Posts
What was your combined AGI last year?Well I did work all year before that as a cake decorator. We will see! Thanks for the replys though guys!!
Unless the two of you combined, after deductions, made more than $68,000 the MOST the $270*4 will cost you in taxes is $162.
Joined
·
10,871 Posts
Listen - Ashley - if you haven't already, go to TurboTax® Tax Preparation Software, FREE Tax Filing, Efile Taxes, Income Tax Returns and register. Start a new return. It costs nothing UNLESS you see the process ALL the way through *AND* file. Let TurboTax guide you and answer ALL the questions to the best of your ability. If you get stuck, save and sign out, and come here and ask.
As you progress you'll see a running tally of your federal and state taxes or refund. It's easy.
And then if you like when done go ahead and file electronically - OR without charge you can preview what the forms will look like and fill them out manually based on their numbers.
As you progress you'll see a running tally of your federal and state taxes or refund. It's easy.
And then if you like when done go ahead and file electronically - OR without charge you can preview what the forms will look like and fill them out manually based on their numbers.
You could also go to Internal Revenue Service and then go to their free file section. They have fillable forms if you want to try to go it on your own or there are a multitude of companies that will file your taxes for free if you made under a certain amount.
State taxes would cost you something but I believe you can just take the information from whatever site you use and go to your state's website and file from there....at least, I know you're able to here in my state. I always us the H&R Block Free File program....super easy to use and they save all your info from the previous year so you don't have to go searching for it.
I did end up paying for them to just file my state taxes because I had a raging headache at the time and 3 kids that just wouldn't leave me alone...so it was just easier to pay the $15 or so that they charged. The amount does vary though depending on how difficult your taxes are and if you have anything over a basic tax form I believe you may have to upgrade.
State taxes would cost you something but I believe you can just take the information from whatever site you use and go to your state's website and file from there....at least, I know you're able to here in my state. I always us the H&R Block Free File program....super easy to use and they save all your info from the previous year so you don't have to go searching for it.
I did end up paying for them to just file my state taxes because I had a raging headache at the time and 3 kids that just wouldn't leave me alone...so it was just easier to pay the $15 or so that they charged. The amount does vary though depending on how difficult your taxes are and if you have anything over a basic tax form I believe you may have to upgrade.
Joined
·
10,871 Posts
Not to be scary or anything but Wayne's mom won't be around forever.
Better to learn how to do your taxes yourself sooner rather than later.
Joined
·
210 Posts
I enjoy doing taxes too....I should have become an accountant! LOL.
1 - 12 of 12 Posts
