w-2 Form 2015-2022

A2A.I assume that when you say you made $1700 it was from a job. If that is the case, then the advice you were given was correct. As a dependent, you do not have to file a return when your earned income is less than the maximum standard deduction for a dependent.If your income was from something other than a job - for example, if your parents invested in a stock fund in your name that generated the $1700 (or if you bought and sold Bitcoin or something like thst) - then you were required to file a return. In 2022 the maximum you could have in unearned income without filing was $1050.Assuming that you earned the income from a job, for the purposes of college financial aid, a student who was not required to file enters the information from the W-2 or 1099 form received (since you earned $1700 you should have received one or the other) instead of the return information. If you are filling out the FAFSA form, the instructions for the form tell you what to do. The college should accept the W-2 in lieu of the tax return.

It appears that the company may be trying to reclassify you as an independent contractor rather than an employee.Based on the information provided, it appears that such reclassification (a) would be a violation of applicable law by the employer and (b) potentially could be disadvantageous for you (e.g., depriving you of unemployment compensation if you are fired without cause).The most prudent approach would be to retain a lawyer who represents employees in employment matters.In any event, it appears that you would be justified in refusing to complete and sign the W-9, telling the company that there is no business or legal reason for you to do so.Edit: After the foregoing answer was written, the OP added Q details concerning restricted stock repurchase being the reason for the W-9 request. As a result, the foregoing answer appears to beu00a0 irrelevant. However, I will leave it, for now, in case Q details are changed yet again in a way that reestablishes the answer's relevance.

Form W-2 is an obligatory form to be completed by every employer. Form W-2 doesnu2019t have to be filled out by the employee. It is given to inform the employee about the amount of his annual income and taxes withheld from it.You can find a lot of information here: http://bit.ly/2NjjlJi

In general, the W-2 form is divided into two parts each with numerous fields to be completed carefully by an employer. The section on the left contains both the employer's and employee`s names and contact information as well social security number and identification number.You can find a lot of information here: http://bit.ly/2NjjlJi

To calculate how much you should withhold you need to calculate two things.u00a0 Step 1 - Eyour TaxFirst go to Intuit's TaxCaster (Link - TurboTaxu00ae TaxCaster, Free Tax Calculator, Free Tax Refund Estimator) and put in your family's information and income (ewhat you'll make in 2022 before taxes and put zero for federal and state taxes withheld, don't worry that the TaxCaster is for 2022. you're just trying to get a general number).u00a0 Once you enter in your correct information it will tell you what you would owe to the federal government.Step 2 - Eyour Tax Withholding Based on Allowances ClaimedSecond go to Paycheck City (Link - Salary Paycheck Calculator | Payroll Calculator | Paycheck City) select the correct state, enter in your pay information.u00a0 Select married filing jointly then try putting in 3 or 4 for withholdings.u00a0 Once you calculate it will tell you how much taxes are being withheld.u00a0 Set the pay frequency to annual instead of bi-monthly or bi-weekly since you need a total number for the year.u00a0 Try changing the Federal withholding allowance until you have enough Federal taxes withheld to cover the amount calculated in the TaxCaster.u00a0 The Federal withholding allowance number that covers all taxes owed should be the number claimed on your W-4.Don't worry too much about your state.u00a0 If you claim the same as Federal what will usually happen is you might get a small refund for Federal and owe a small amount for State.u00a0 I usually end up getting a Federal refund for ~$100 and owing state for just over $100.u00a0 In the end I net owing state $20-40.Remember, the more details you can put into the TaxCaster and Paycheck City the more accurate your tax ewill be.u00a0

As you know the last date of filling income tax retruns has been gone for the financial year 2015u201316 and 2016u201317. and if you havenu2019t done it before 31u201303u20132018. then i donu2019t think it is possible according to the current guidlines of IT Department. it may possible that they can send you the notice to answer for not filling the retrun and they may charge penalty alsoif your income was less than taxable limit then its ok it is a valid reson but you donu2019t need file ITR for those years but if your income was more than the limit then, i think you have to write the lette to your assessing officer with a genuine reason that why didnu2019t you file the ITR.This was only suggestion not adviceyou can also go through the professional chartered accountant

CAT 2014