federal income taxes payable Accounting help (Wages expense and wages payable)?
During the month of March, Neufeld Company’s employees earned wages of $76,100. Withholdings related to these wages were $5,822 for Social Security (FICA), $9,513 for federal income tax, $3,934 for state income tax, and $507 for union dues. The company incurred no cost related to these earnings for federal unemployment tax, but incurred $913 for state unemployment tax.
(a)Prepare the necessary March 31 journal entry to record wages expense and wages payable. Assume that wages earned during March will be paid during April. (List multiple debit/credit entries from largest to smallest amount, e.g. 10, 5, 2.)
(b)Prepare the entry to record the company’s payroll tax expense.
(a)
Debit: Salaries and Wages Expense 76,100
Credit: Wages Payable 56,324
Credit: Federal Withholding Payable 9,513
Credit: FICA Payable 5,822
Credit: State Withholding Payable 3,934
Credit: Union Dues Payable 507
(b)
Debit: Payroll Tax Expense 6,735
Credit: FICA Payable 5,822
Credit: State Unemployment Payable 913
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file 2007 taxes online free I have my 2006 and 2007 tax file, How can I file for free online for those previous years?
Back in 2008 I Lawsuit filed return.
You can not e-file for 2006 and 2007, but the best site I've found for late charges, is FileLate.com. She seems to have all the calculations for you and it pretty cheap. You can also check wish UncleTax.com that are free of tax returns for 2006 and 2007, when they offer themselves up for a free trial /.
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filing taxes government site Do I have to claim taxes on a profit / file when I know something that I am not guilty?
I earned 5,000 untaxed "independence" income to 2010. I have no fixed salary, I was only paid when I worked (always different amounts what I did based). I have done some research and a lot of sites (TurboTax / IRS.gov) it seem like I do not owe anything because of the amount that I made the time frame and the fact that I only check if I worked. I also cashed some bonds to help pay for college (they were $ 1,000 bond for $ 500 bought back in the 90s) the taxable bond and my father were filed and paid federal taxes for them already. He does not want to know about my other job so income did not get the 2 combined. Do I need a 1040X file now that the other income (5000 $) was not reported, but I do not think I qualify to pay taxes anyway? Oh Lordy what should I do.? My income was reported to me on a 1099-MISC. if it makes a difference. It is not entirely as "autonomy" ... my income was "non-employee compensation" classified
It sounds as though your "research" is defective. The filing requirement for independence is only $ 400 for the whole year. With $ 5,000 self-employment income, due to be at all - at least $ 706 in self- Taxes. Non-employee compensation, income from self-employment by definition. File Form 1040 Schedule C, and add the business income and Expenses to report. If the net income more than $ 400, attach Schedule SE to the self-control character. If you submit a tax return already filed, without regard to self-employment income you an amended return using form 1040-X file and must fix the dates and C SE. You must and by paying no taxes due on the 18th April 2011 to avoid late payment penalties and interest.
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e file taxes free state Can I file for taxes with H & R, but a cheaper or free state e-file somewhere else?
Another way to look at it. can I have the new H & R file and use it to open file. I live in PA. I have my state taxes with H & R Block software already prepared. I just want to e-file, but without paying their $ 30 to e-file state.
Yes, you can .. but remember all the information you again for your state taxes. If your file back to the state with the federal government on the same site, you just have to enter your data again. If you are paying for convenience. Some State offers free registration on their state income site. See below for a list of all government revenue sides. http://www.tax-easy.com/state-revenue-websites
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Hephaestus Books represents a new publishing paradigm, allowing disparate content sources to be curated into cohesive, relevant, and informative books. To date, this content has been curated from Wikipedia articles and images under Creative Commons licensing, although as Hephaestus Books continues to increase in scope and dimension, more licensed and public domain content is being added. We belie...
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2009 taxes student loans Do I get my tax refund, if my wife is due on student loans and we wind up together?
My wife and I married in 2009. Before we got married, as they apply to their income tax refund the IRS the money would be brought to send their student loans. This year we have filed jointly. Can they still take the money, even when I am with the return, too?
Yes, they can and probably does the whole surplus to you apply for student loans. What you need to this is the lender and to get back on track with regular monthly payments. You're better off making payments on the loan to wait every month to make a payment with your tax overpayment once a year. Other people will suggest that you file separately, or file as an injured spouse. This is only a temporary solution. Since you are married, have to find the two of you on your finances as a couple. Because of money for a loan is in order. Behind the Payments is bad. It is your ability, a car and a house to buy. The student loans must be paid. Do not ignore it. I hope this helps. Gary
Can I Deduct Interest Paid on Student Loans in 2008 on My 2009 Tax Return?