i receved a 1099c form for 2004 and i have no income for 2004 do i clame exempt or clame it?
137923
first get an iq with more than one digit
395363
Go to IRS.GOV.\n\nIn the search bar enter:\n\n"over 65 exemption"\n\nis should pop up a link for your answer.
985370
Generally have to wait for your employer to send you your w-2 which shows the amount of income and amount of taxes paid for the year. They are required by lay to have them to you by the 31st of Janurary. If you have any interest earning accounts , they also have to send a 1099 form showing your yearly interest earned. It is best to wait until you have all your info so you don't have to amend your taxes after you have filed them.
572367
Try to contact the IRS or look at your 2004 tax return to see where his W-2 was from and then contact his employer.
42860
consult http://www.irs.gov\nIt depends on your income level. Likely you'll use the 1040 form if you're just filing personal income taxes.
247979
First of all, the number on the w-4 Form is NOT dependents; this number is called a "withholding allowance" and can be any number you want.  The higher the number, the less will be withheld from you income for taxes and such.  A withholding allowance of "0" will have the most withheld; 99 will have the least. The idea is to adjust that number so that by the end of the year you will have had more or less the correct amount withheld to cover your income tax liability.  If you find you had too much withheld, then file a new W-4 with your employer and increase the number; conversely, if you did not have enough withheld then lower the number. Interestingly, if you had no Federal tax libility for the prior year and reasonably expect to have none in the current year, you can claim "exempt" and have NOTHING withheld.\n\nYou probably have no recourse at all with your employer, they simply screwed up.  You are still liable for tax in the end, so make sure they get it right.
1149144
He is correct, they don't send it.  But, if you don't send it on your own they will send you a letter that says they know you have made a certain amount and they didn't recieve a 1099 and why did they not receive it. Is he not well-versed in non-profit tax regulations?  Any income you claim as a non-profit goes back to the IRS.  If you file taxes annually on the business it goes back to the IRS.  If you make under $100,000 you should file a 1099EZ and if you make over $100,000 you should file a 1099.  The IRS doesn't have to match or do anything.  If you have a non-profit business of your own, then you need to go to IRS.GOV and start pulling the information you need to file your taxes correctly.  You will be audited and/or sued by the IRS if you don't.  Seek the help of other non-profits for advice on this.  Don't let it go.
894450
If you have already filed your taxes for a certain year, you cannot file again for that year using 1040EZ or 1040A.  You would have to file an amended return.\n\nIf you have filed for previous years with 1040 and would like to use 1040EZ or 1040A for this year, go ahead, as long as you fit the criteria for people who are allowed to use those forms.  You might even try calculating your taxes using both forms and seeing which one gets you a better return.
74836
The safest (and maybe smartest) way to approach this is to look into filing a 1040ES, Estimated Tax for Individuals.  It helps you estimate what your income not subject to withholding (such as your business) will be, and to calculate the estimated tax payment so you can make quarterly payments to the IRS.\n\nThis is advisable because if you under-withhold based on your income, you can be penalized by the IRS for it.  Here is a link to the form and its instructions.  You'll need Adobe Acrobat and/or its web plug-in to view it:
51783
You can file an income tax return with 0 income. \nThere are credits available if you qualify.  I did a turbo tax return for a single mother friend who made less than 10k 2 years ago in california.  She received child credit and low income credit got a 1000 tax return.  even if you have 0 it is good to claim with your state and the fed so that when you have future income IRS doesn't ask.
323408
A debt canceled in bankruptcy is generally not a taxable event.  There are four types of exclusions from income.  Publication 906 will give you the details.  You can get it on-line (IRS.gov Publications), through the mail or at your local IRS office.\n\nYou might want to see a tax preparer - one that knows about bankruptcy.\n\nIs box 6 X'd on your 1099C? If not, and you are sure it was discharged by the Bankruptcy Court you need to contact the issuer for a corrected form.
56939
It is on an employee's pay stub, W2s & 1099 forms.\n\nMaybe someone would be nice enough to give it to you.
264677
If you made more than 400 on a 1099 misc than you need to file. Other than that you do not!! The sale of your car is not income unless you sell cars for a living or on the side. If it was your personal car than no. As far as the money your mom and dad pd you. Did they report that they pd you? If they did and with the money they pd you and the money from the articles you made over 400. Then you have to file. If they didn't than no you don't have to file.
792551
1099s are not illegal.  If the company doesn't take out taxes then you are responsible for holding them out of your pay so that you will have your money at the end of the year when you file your taxes.  Any income earned from previous months will be reported under your name, after you incorporate, the date that it goes in effect will start your "new" income. \n\nHowever, I don't know why you would want to incorporate. You have to pay major taxes when you do that.  Maybe you should speak to a CPA to receive the best advice for your situation.
256926
no form.  just take the deduction on sch c.
460247
I believe that if you make $600 or more you have to file a 1099.  So probably would be in your best interest to file a return, unless you made less than $600.
365450
depends if its individual....and what form you filed, \n\ngo to:\n\nhttp://www.irs.gov/file/article/0,,id=100846,00.html