posted on August 22, 2000 09:33:30 AM
My son is working part time hours at a local Hollywood Video. For some reason, they have stopped taking Federal taxes out of his pay. Is there a minimum you must make before the Fed kicks in or is this just poor bookkeeping on someone's part? Repeated requests via manager's etc has been fruitless.
posted on August 22, 2000 01:09:24 PM
I've never heard that there's a minimum that *must* be withheld... However, it does mean that your son will have to pay a large lump sum next April! The feds *will* get upset if they don't get it from him then.
posted on August 22, 2000 03:26:50 PM
It is my understanding that unless you indicate you are a student, by checking off exempt. Federal withholding is to come out of his paycheck. Go to the IRS website and check out there information. The address is http://www.irs.gov.
posted on August 22, 2000 04:01:49 PM
He was still a student when he got the job, and we will be able to claim him still this year ourselves, so perhaps that is why it is set up that way.
If I remember correctly, my oldest son got all his Fed back that first year he worked part time and we could still claim him.
I looked around on their web site, but ran out of time so had to quit.
posted on August 22, 2000 11:40:05 PM
I can remember back when I had my first job at 15 they said I didn't make enough money to take federal out of my pay every week. Infact when I went to file my taxes, I didn't make enough to even pay. Everything they did take I got back.
It may not be poor bookkeeping. It sounds about right.
