How do I know whether I have to pay taxes this year or not?
472555
If you made more than $8,200 lkast year then you have to file, otherwise, don't bother unless you have some coming back, which you might want to claim by filing.
44457
It depends on how much you made and how much you had taken out of your paychecks.  You can see how this year went and then talk to HR if you want a bigger refund next year or less to pay in.
974786
You still need to file, and would be better if you do it before they contact you (and if you had income that was reported, they will eventually, by which time you'll owe even more in interest and penalties.\n\nYou should always file even if you don't have the money to pay.  If you can't pay right away, they'll set up a payment plan, and yes, you'll be charged interest.\n\nYou're not going to be in some kind of major trouble, so don't worry about that.  Just go ahead and file, or contact the IRS and tell them your situation.  If they get your return without a check, they'll contact you to set up a plan to pay.
372095
Of course it is. IF profit exists quarterly, taxes must be paid quarterly. IF you have employees, SS wages must be paid whenever an amount exceeding 500.00 is due. IF filings and payments are not made, serious penalties and interest will be levied by the government agencies involved...federal, state, and often local. Sales taxes must be paid quarterly, on time. Otherwise, more fines will be levied.
1074564
yes you do. go to IRS.GOV and in the keywords enter 940 and 941 instructions. It said that you still have to file even if you have no taxes withheld unless you are filing a final return. I hope this helps you!
149811
Go to www.taxact.com.  They let you prepare your taxes free.  You can see what your return will be before you finish filing.  If you can't afford the amount you owe, the IRS will generally allow a payment plan; you'll end up paying more due to interest and fees, but you'll at least stay out of hot water with them.
303139
http://www.irs.gov/individuals/article/0,,id=96623,00.html\n\nGo to the above site.  It should help you determine if you need to file a return.  Be on the safe side and check with the IRS directly.
227249
Go to IN.GOV It looks like you might if you are single with no dependents. Look under individual when you get to the web site. Then requirement to file. It tells you what the exemption amount is.
177583
Call your employer. They are supposed to mail them by Jan 31st. If they will not give them to you call the IRS. It is the law that they give you your copy. If you didn't think you will have your taxes done by April 17th (this year because of the day the 15th falls on) then you do need an extension
424028
Call the IRS or your employer for that year.
279495
The answer depends on your income, not your withholding or refund or anything else. On the first page of your tax booklet it should say something like "Who has to file?" or "Filing Requirements" If your income falls into the guidelines you have to file a return, period.  Every other consideration as to who is claiming who as a dependendant or how much you may or may not owe or whether or not you got a refund last year is secondary.  The fact that you are a student has nothing to do with anything regarding the amount of your income.
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:
1027544
Ask a tax professional I'm sure they'll be able to tell you.
120178
Please explain if you have earned income or not.\n visit the website of irs for complete list of excemptions.Also contact a Tax professional.
534044
Need to check with State Tax comm.
251653
What is the question?\n\nYou should speak to an accountant so that you won't get penalized by the IRS.
88451
I would have your taxes prepared by a professional this year. It will help you with this unusual situation. Try H&R Block, if you don't want to use them, perhaps they can just answer the question over the phone.