tax question: how come the fed's didn't take a dime from my friend?

[spanky]

i just looked at her w2 form this afternoon and noticed a big fatty blank in the field where her fed tax is supposed to be. anyone know why this is?

 

[LeeTJ]

Originally posted by: spanky
i just looked at her w2 form this afternoon and noticed a big fatty blank in the field where her fed tax is supposed to be. anyone know why this is?

i you can show that you didn't have to pay anything on last year's tax return the employer can choose not to pay anything for income tax on current year.

 

[tm37]

She din't fill out her w-4 properly

 

[Marshallj]

Originally posted by: spanky
i just looked at her w2 form this afternoon and noticed a big fatty blank in the field where her fed tax is supposed to be. anyone know why this is?

Did she make less than $7700 in taxable income last year? If you make less than $7700, you don't get taxed.

 

[MacGaven]

Who's her Accountant?

 

[HappyPuppy]

I remember the good old days when you could go "exempt" on your W4 Form.

 

[N8Magic]

Is she a student?

Students can elect to not pay any income tax as their tuition deductions usually offset the tax that would normally be taken off of her paycheck.

 

[Mustangrrl]

Government employee? I don't pay into Social Security, but they do take FIT... anyway, weird.

 

[spanky]

Originally posted by: Marshallj

Originally posted by: spanky
i just looked at her w2 form this afternoon and noticed a big fatty blank in the field where her fed tax is supposed to be. anyone know why this is?

Did she make less than $7700 in taxable income last year? If you make less than $7700, you don't get taxed.

Originally posted by: N8Magic
Is she a student?

Students can elect to not pay any income tax as their tuition deductions usually offset the tax that would normally be taken off of her paycheck.

those two sound like the most likely reasons 🙂