Comments on: Federal Tax Brackets & Law Changes For 2009.

By: tre

tre — Wed, 16 Mar 2011 23:27:07 +0000

To brandu. i have exactly the same thing. i have never paid in before and i have always claimed the same. the money amount is near the same for the past 12 years and this year i have to pay in. the tax brackets have moved around and put nearly everyone in a lower bracket and now we all have to pay the shortages. the claiming amount is irrelevant at this time. i know several people having the same issue and they are in disbelief as well.

By: David

David — Tue, 16 Mar 2010 23:37:41 +0000

The government doesnt decide how much to take – you have to change your withholdings on your paycheck.

By: BrandyA

BrandyA — Tue, 16 Mar 2010 19:59:19 +0000

I’m confused! We moved up a tax bracket this year, but the government decided not to take enough from me and we owe this year. This has never happened! What changed? What does the IRS base how much they take on?

By: Rocky

Rocky — Sat, 30 Jan 2010 18:41:22 +0000

I just did my federal taxes and noticed a change in the retirement credit. In previous tax years the retirement credit was in addition to the child tax credit. For 2009, the child tax credit is reduced by the retirement credit amount, in effect wiping out the retirement. I was blindsided by this, but of course it is not the reason I contribute to a 401. I suppose this change (in my case 200, the max for my income) may be offset other benefits, or maybe not. It is annoying nevertheless to lose a credit.

By: David

David — Thu, 29 Oct 2009 19:34:27 +0000

http://www.compusource.com/Support/Payroll-Tax-Information/california.php

By: angel b.

angel b. — Thu, 29 Oct 2009 19:24:26 +0000

what are the tax changes for CA for 2009? I know taxes went up but how will it affect when filing jointly? Also is there any changes regarding iteamizing and deductions?

By: Chris

Chris — Fri, 02 Oct 2009 18:28:13 +0000

My wife who claims zero on her W4 in order to get more money back on her return was not having any federal tax withheld from her part time job. HR informed her that she was going to owe big time on this years returns. They were not withholding because of the size of the paychecks (under $609).

By: val

val — Tue, 08 Sep 2009 17:38:45 +0000

Heard rumor that charitable deductions will not be allowed for those in higher brackets. True?

By: david

david — Thu, 25 Jun 2009 18:09:59 +0000

Not sure what you mean…why would anyone have “no” taxes taken out of their check? Never heard of that at all..

By: jack

jack — Thu, 25 Jun 2009 17:14:06 +0000

Several employees are not having federal taxes withheld from their checks even though they are claiming just 1 or 2 exemptions…. Should they change their number of exemptions? Many are worried they will have to pay big money end of the year