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My taxes pay for your child

Posted By: Justme on 2008-02-17
In Reply to: I know... but I need a change... SM - No Name

Here again our taxes are paying for you having children -- tired of it.  People that get money back or even more than they pain all due to having kids -- we pay for their children.  No wonder we have such a deficit and such a work ethic, -- they want everyone to take care of them -- so tired of that.


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They must deduct FEDERAL taxes.. NOT STATE taxes.. if they took out state taxes.. it would be FLORID
which would only have to be refunded to you for you to pay YOUR state what you owe them which is nothing but a pain... be glad they weren't handling your state tax.. and I think in this case.. if someone at the IRS told you they have to deduct YOUR states taxes.. it is that person who is uneducated... they only have to deduce federal income tax

Would I tell my child
I would tell my child that determination is a necessary start. I would also tell them that a PROPER education is key and to beware of shoddy or inferior schools, especially in the field of MT. The field is just too competitive and there are too many good schools. I do not care what sacrifice I had to make (second mortgage, second job, borrow from family), I would see that my child went to any 1 of the big 3. I have done recruiting and I know how some of these lesser schools are viewed .
You must have seen the ad that has the woman with the child on her lap - sm
That's a joke. All the pictures show the moms with the kids on their laps transcribing away. DOES THIS SEEM REALISTIC TO YOU?? But yet, people fall for it! I have been doing this for 15 years and make $62,000, but I PAID MY DUES AND WORKED MY BUTT OFF to get there. I worked in a hospital with others around me to help me out, when I was confident I left and worked at home, now I'm doing my own thing.
Nothing wrong with a 70's child!
Who are you to say that her apology shouldn't be accepted? Wow, yourself.
Hot Child In The City

But just think how much easier it'll be to look at that electric bill!  I keep ours over 80, but I'm the opposite...65 and lower and the heat is ON!


I'm an uneducated child who..:
Makes $5000 consistently! LOL. BTW, it helps to learn teenage slang so you know what's going on with your kid. Did I finally shut you up or what? Cheers!
or a selfish child...
that's what my kids used to say until I taught them that they need to care about other people, too. We need to work together, folks.
I have 1 child at home
I used to try to work very early, but my accounts have no work early any more, so now I work through the day around nap times or whenever I can squeeze a minute in. It is not easy at all, but the alternative is paying for daycare, so I keep struggling through. I keep hoping it will get easier.
I love my children but having a child does not mean
everything is honey and sunshine. I really think nothing anymore about people who say they do not want. I think they are being realistic about a job you give yourself to for 18+ years, sometimes with not the most pleasant of outcomes in a relationship when a person who wants other things strives to have what they want and what they need. I used to think people who said no children were selfish- I understand their statements now. Motherhood is very much played up as far as I am concerned. Most of these posts are speaking from having young babies, toddlers before teen years and grown- those are the really good years. No pity needed nor wanted. My children had a very priviledged upbringing.
Yes -- we are all so very aware that you are their Golden Child. NM
xxx
golden child! LOL! good one. nm
//
Was your child so sick you have to permanently
stay home or could you have returned to your job with just a small amount of time off? A good inhouse job would be hard to give up unless totally necessary but by now that inhouse might have outsourced anyway. I had 2 that did. I do not read the board but what is the going price now? I work parttime now and make over $20 an hour as independent for a national.
FMLA for the birth of a child
I work for Spheris and am questioning their FMLA policy. They are telling me that while I'm eligible for UP TO 12 weeks of FMLA, they are only approving 6 weeks after the birth of my child. According to what I read and understand about FMLA, for the birth of a child you are entitled to the full 12 weeks but HR is telling me that it's up to them to decide what I am able to take off and right now they feel I only need 6 weeks unless they have a doctor's note to extend it (which my doctor will not provide as there is no medical reason at this time). Everyone else I know gets the full 12 weeks and has never had a problem with their employers so I'm wondering who is right.
I also have a special needs child, but my company routes

our work so that one person can't do lots and lots of minutes and there not be any for the others.  Usually there is plenty of work for everyone to do lots and lots of "extra" minutes.   There have been rare days where there wasn't a lot of extra work, usually due to the hospital system being down, and I may be a couple of hundred lines short because there needed to be some work for everyone, but usually the next day there was plenty to go around.  Unfortunately most companies just want the work done and doesn't care who does it.  If someone stays up all night to work that is better for TAT, which is a major concern with most companies these days. 


 


If ya think $877/month for empl+child is fair..go for it

Just thing of ABducting a child..take a way. ADDuc
d
Child labor laws haven little or nothing to do with it. sm
If children aren't developing a decent work ethic, or expect things handed to them, that's something they're learning at home (or, rather, /not/ learning at home). I'd look first to the parents before I'd start blaming outside influences.
"How to avoid your child while you work"
I had forgotten about that. I was so disgusted about the other OSi tactics but that little jewel was in the back of my mind. My baby means everything to me and I will avoid OSi while I work is the bottom line.
My child is insured by her father, but I do not have insurance
and as far as work availability. I have worked for about 4 different companies in the last year. Things start off well, plenty of work, and then all of a sudden the work dries up. Currently, I have 3 backup accounts, and yet still out of work. Tired of hearing about slow downs. When I worked directly for hospital, both while I was in-house and at home, we had slow downs. They lasted a day or two at specific times of the year. We could use our PTO to take time off. With these companies, there is no backup for no work...no work = no pay. I cannot depend on my income at all since losing my hospital job. I have not made anywhere close to what I used to make and Im just totally frustrated. The economy of the state I live in is such right now that jobs are few and far between and the unemployment rate is very high right now. Feel like I am running out of options.
Agree. Child at work. Run along, little Initial Capser. nm
x
I don't think it is acting like a spoiled child to share your experience...
the original poster asked the question, we are just sharing our side of the story...
Dont they make you feel like a child with the threatening emails?
,
They also offer paternity leave and also both leaves for adoption of a child.
I love these people.
pregnancy is a disability when you have complications/C-section/ and even child birh is a procedure.
So just because you didnt get money for your pregnancy, then just get over it.

I had a horrible time with both of my pregnancies and could not work even though I wanted and needed to.

People can get off of work for 6 weeks for drug treatment, mental angious, etc. Those are not disabilities but are conditions that warrant time off.

I think someone is turning green with envy and doesnt handle life well.
Taxes

When you work for someone you STILL PAY YOUR TAXES, your employer does NOT except for the 7.5 SS.  Look at your pay check, are not taxed withheld??? As an IC you are RESPONSIBLE for withholding your own taxes and sending them in but either as an employee or a IC -- you still PAY them, except for the 7.5 of social security.   Sorry but it bugs me when people say as an IC you pay your own taxes as it is incorrect -- you are RESPONSIBLE for paying your own taxes.  With your write off's, flexibility and most of the time more pay it does cover the extra SS you have to pay.  Been doing it for almost 20 years. 


 


 


SE and taxes
I'm seriously considering accepting a job as an SE.  The employer holds and pays social security but not income tax or other federal tax.  My state has no income tax, but I was wondering if I would have to pay Medicare tax as well as withholding tax.  Also, is there a way to pay via IRS monthly or bimonthly rather than quarterly.  This is new to me and I'm a little spooked. If I would have to pay Medicare, does anyone know what percent that is.  I understand I should hold or pay 25% roughly for withholding.  Help please. 
Taxes
Absolutely and you do not have to be only an IC for this write off. Even if you are an employee expenses that you incur in order to perform your job which are not reimbursed by your employer are all eligible. I write off my ink cartridges, printer paper, internet service, etc.
Taxes
I really believe a sharp CPA is worth every penny.
Taxes
It is my understanding that if the state your company is located in does not have a sales tax - then they do not handle the state taxes period. Examples would be companies located in Florida and I think Tennessee.

Taxes
The cost is the same to the employee either way, it is just the convenience of not having to deal with it. Whether they deduct it out of your check and pay it or whether they give you the full amount and you deduct it - either way you owe it and have to pay it. Of course it is less convenient to file quarterly taxes. According to my CPA the employer does not have to withhold if their state does not have state income tax. The employee is responsible for paying quarterly in order to avoid any late fines. Maybe each state has their own standards but I can't imagine all these companies in states without state taxes would be getting away with not withholding if that were the case. By the way, having more held out of hubbies return sounds like a good idea to me if you are filing jointly anyway.

Taxes
I wonder then, since this seems to be different state to state, if some of these companies would legally be able to just not employee MTs from states who require the employer, regardless of location, to handle the state taxes. I could see them thinking the paperwork/accounting costs would not be worth it.
SS taxes
just taken out of pay, you have to use bayscribe, but certain programs they can import into bayscribe and yes, they will if asked provide sample reports.
taxes
Yes, they do.
IC Taxes
For some IC is better, I guess it depends on your circumstances.  My husband is on disability so our income is very low, we clam the mortgage interest our home and we never have to pay in.  I do have to pay 1% local tax each year but that is never more than $100.00 or so. As IC you are able to write off Internet expenses, paper, ink, ref. books ect.  For me it is just better.  Plus as IC I feel that I have more control, but that is jost my opinion. 
Taxes sm
If you are an IC then you have to pay your own taxes. There is no difference. You would just convert the $$ into US (your bank does this) and keep track of the actual US dollars you made and then claim it on your tax return. Hope this helps.
As an SE..do they pay any taxes..sm
or are you responsible for paying all your taxes yourself?
taxes
Are there are any Radiology jobs that pay part of taxes?
Taxes

The post above is not true.  As an employee the employer pays one half of your federal and state (if you have them) taxes.  It is not just half of the FICA they pay. It is half of the total federal (Fed, FICA, Medicare.)  I was an MTSO for 8 years and looked into making my ICs employees and just couldn't swing it plus try to offer benefits.


 


taxes
Bravo!!!  Obviously, the OP either has grown children or no children.  It takes an incredible juggling act to raise kids these days.  Most parents in our income range need all the help they can get.  Just having custody of a 2-year-old for 6 weeks has taught me that.  Daycare alone is taking all I have.  You're right - never underestimate the people with authority in nursing homes.  My son reminds me of that sometimes - I only hope he is joking!  Have a good Monday!!
taxes
I realize that. What I am concerned about is Social Security and how that works and how do I decide how much taxes to hold out of my check to be sure I am covered at tax time? Just looking for some preferences here from people who have done it both ways. Thanks!
After taxes, it's a lot less than $100.....
Skroo that!
IC and taxes

I have just accepted an IC position. I have never worked as an IC before. Do you set aside your tax money and pay it quarterly or at the end of the year. (for next year) Any advice on this would be much appreciated. Thanks!


IC and Taxes
Thanks for the information. I was thinking it would be best to pay quarterly. I have my city taxes set up like that already. Do you know how to set up state and federal taxes to be quarterly?
IC taxes

You don't pay any more taxes as an IC than you do as a regular employee.  You pay your taxes differently and pay more up front than you do as an employee, but on the back end when you do your taxes it all evens out.


You have to pay your regular federal withholding.  It's the same rate that you would pay based on 0 deductions with a regular job.   You can use the tax table http://www.irs.gov/pub/irs-pdf/p15.pdf to figure that out.  Then you have to pay the whole FICA tax of 15.3%.  Half of that is the employer's portion, which you don't have to pay as an employee.  The other half and the federal withholding you already pay as an employee.


When you do your taxes at the end of the year, you enter half of your self employment FICA tax on line 27 (along with a schedule SE) and you deduct it from your gross income. 


So you have to pay more up front, but you don't pay more in the long run.


I pay 25% to the feds every time I get paid and I pay 5% to the state every time I get paid.  A lot of people like to do it quarterly, but I like to get it over with so I don't think I have the money to spend.


You can make your federal tax payments on line here:  https://www.eftps.gov/eftps/ .   You have to sign up with them and then they mail you paperwork with online passwords and stuff, so it takes about a week to get actual access, but it's worth it.  It's where I pay all of my taxes.  Your state probably has an online presence where you can pay your state taxes as well.


I've only ever been an IC so I can't compare working as an IC to working as an employee on production.


rather just under 100,000 a year, after taxes
please.  transcribing for a national??
Employees pay taxes too
You are only paying 7.5% more due to SS, and you should be able to find 7.5% worth of deductions to take.  If you were an employee you still pay the taxes they just withold it from your check.  
withholding taxes? sm

I am fairly new to the IC status.  Approximately what percentage should I be putting away for taxes (federal, state and local).  I know it varies, but just a baseline amount please if anybody can help me out?  I would like to start this with the new year.  Where do you put the money, your regular savings account or open a separate account?  TIA. 


K


Quarterly taxes
I think you just have to make up the difference come tax time. When I called H&R Block, they said the easiest way is to estimate your income and make 25% quarterly payments. So, that is what I will do. Your tax preparer can provide you with a quarterly schedule with dates and amounts, as well as remittance slips and addressed envelopes to make your payments.

HTH - K
Benefits/taxes
You end up paying for these one way or another, if you are an employee you get less per line and do not have the choice of what health insurance, or when to take time off or how to pay your taxes it is all done for you.  As an IC you get more per line and you chose which health insurance company to have, when you take time off and how to invest your money so you don't pay as much taxes.   Sorry like I have always said even as an employee you pay for the benefits it is just that someone is handling that for you for a price -- lower wages.
If you are an IC NO taxes are taken out. If you are married have

your spouse have extra taken from their check.  How much to save you if you need to pay quarterly depends on your income bracket, but around 30%.


The above post made no sense.   Having to pay for bennies and working for benefits at another company.  Of course you have to work to get bennies, but if a company you work for pays your benefits that results in a higher rate of pay and if you have to work the more you get for working the better. 


 


Speaking of taxes...

when paying self-employment tax, does that include unemployment taxes?  I was thinking of filing since it looks like finding another job may take a long time.