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Old 05-02-2012, 08:57 AM
 
64,771 posts, read 66,270,542 times
Reputation: 43156

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Wrong , you dont have to file a federal tax form if your income is below the thresholds..

If your income was below max allowed , you probably don't need to file a federal return for 2011. (Just because you're not required to file a federal Form 1040 doesn't necessarily mean you're also excused from filing state and/or local income tax returns. Check on that before concluding you're entirely in the clear.)



you should file because you may get earned income credits but you dont have to file.

Filing Status: Single
* Your age (on 12/31/11): Under 65 (Gross income threshold: $9,500)
* Your age: 65 or older (Gross income threshold: $20,950)

Filing status: Head of household
* Under 65 (Gross income threshold: $12,200)
* 65 or older (Gross income threshold: $13,650)

Filing Status: Married, filing jointly
* Both spouses under 65 (Gross income threshold: $19,000)
* One spouse 65 or older (Gross income threshold: $20,150)
* Both spouses 65 or older (Gross income threshold: $21,300)

Filing Status: Married, filing separately
* Any Age (Gross income threshold: $3,700)

Filing Status: Qualifying widow(er) with dependent child
* Under 65 (Gross income threshold: $15,300)
* 65 or older (Gross income threshold: $16,450)
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Old 05-02-2012, 09:04 AM
 
Location: New York
2,005 posts, read 4,276,912 times
Reputation: 1989
A link? What kind of education do you have? How about reading a book. There are hundreds on the fall of the Roman empire.

The real tax here is on the middle class. Property taxes have tripped in the last ten years. Have taxes on corporations tripled? How about taxes on banks?


Quote:
Originally Posted by hilltopjay View Post
Provide a link for your claim.
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Old 05-02-2012, 09:08 AM
 
Location: Portland, Oregon
46,054 posts, read 28,292,753 times
Reputation: 7824
Quote:
Originally Posted by mathjak107 View Post
Wrong , you dont have to file a federal tax form if your income is below the thresholds..

If your income was below max allowed , you probably don't need to file a federal return for 2011. (Just because you're not required to file a federal Form 1040 doesn't necessarily mean you're also excused from filing state and/or local income tax returns. Check on that before concluding you're entirely in the clear.)



you should file because you may get earned income credits but you dont have to file.

Filing Status: Single
* Your age (on 12/31/11): Under 65 (Gross income threshold: $9,500)
* Your age: 65 or older (Gross income threshold: $20,950)

Filing status: Head of household
* Under 65 (Gross income threshold: $12,200)
* 65 or older (Gross income threshold: $13,650)

Filing Status: Married, filing jointly
* Both spouses under 65 (Gross income threshold: $19,000)
* One spouse 65 or older (Gross income threshold: $20,150)
* Both spouses 65 or older (Gross income threshold: $21,300)

Filing Status: Married, filing separately
* Any Age (Gross income threshold: $3,700)

Filing Status: Qualifying widow(er) with dependent child
* Under 65 (Gross income threshold: $15,300)
* 65 or older (Gross income threshold: $16,450)
Oh my fault, I meant to say most everyone has to file, those that are barely surviving on wages deep into poverty, then they don't have to be burdened with taxes....not sure I would consider those making that little lucky, nor would I start demanding them to pay taxes either. Seriously, would you want to tax someone making less than $12,200 a year?
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Old 05-02-2012, 09:18 AM
 
Location: USA
8,016 posts, read 9,076,906 times
Reputation: 3383
you can't squeeze blood out of a turnip.
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Old 05-02-2012, 10:21 AM
 
64,771 posts, read 66,270,542 times
Reputation: 43156
Everyone who lives in this country should pay an income tax even if its 10 bucks.
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Old 05-02-2012, 12:51 PM
 
457 posts, read 511,784 times
Reputation: 344
Quote:
Originally Posted by hilltopjay View Post
Provide a link for your claim.
Rome.info > Fall of the Roman Empire, decline of ancient Rome

There is a book on the matter.
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Old 05-02-2012, 12:59 PM
 
3,686 posts, read 7,333,884 times
Reputation: 1781
If people stopped worrying about the poor, the poor would have to start worrying about themselves. It would be about time.
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Old 05-02-2012, 01:04 PM
 
Location: USA
8,016 posts, read 9,076,906 times
Reputation: 3383
we should worry about everyone equally
and fix the problems and make america
less squalid in ideology, character and
condition.
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Old 05-02-2012, 01:06 PM
 
2,503 posts, read 3,524,072 times
Reputation: 1906
Quote:
Originally Posted by Gpsma View Post
If people stopped worrying about the poor, the poor would have to start worrying about themselves. It would be about time.
Agreed!
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Old 05-02-2012, 02:35 PM
 
Location: Portland, Oregon
46,054 posts, read 28,292,753 times
Reputation: 7824
Quote:
Originally Posted by Gpsma View Post
If people stopped worrying about the poor, the poor would have to start worrying about themselves. It would be about time.
We should totally go back to the era of shanty towns and rampant disease! That sounds totally awesome!! Where would this massive shanty town be in nyc? I am guessing the Bronx!
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