Posted by: syanjali April 20, 2010
Tax Help!
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बैंकमा ट्याक्स नकाटी घ्याप्प जम्मा हुँदा क्या आनन्द आएको थियो होला? अनी एत्रो बर्ष बसाइ मा पनि कहिलै ट्याक्स नभरेको त ?
एक्लै कि दुक्लै , भरेको भए एसो केही फिर्ता आउथ्यो नि, बाल बच्चा भए घ्याप्प आर्को १००० पनि थपिन्थ्यो । सुकुल गुण्ड्याइ गरेर बस्नु भएननी .

Junkiri: Once you work as a contractor not as an employee, they will not deduct fica, social security and medicare tax. If they said 25 dollars an hour, you have paid the full amount for the hours you have worked for. Therefore you got 1099 Misc form instead of w-2 form and in box 7 shows the total amount paid to you by the non-profit organization.
Once you get 1099 Misc and the amount on box 7 is over 400 you have to pay self-employment tax, which will lead you paying more taxes because you do not have any withheld to offset the tax liability.

I will suggest, you go and file 2006-2007 and 2008 tax , it will be paper file, you may able to get some refunds, you may ask IRS to offset future tax liability or will help to pay 2009 tax liability.
But if you have work with the Not for profit organization, you will be paying to federal as well state too.
If that is the case , you debt is going up, I mean you owe more than you have said.


 

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