Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
I need you help!?
I just received my 1099G from the state of ny dept of labor to file with my taxes, my question is because I didnt have taxes taken out how much taxes would I owe to the IRS..I received $9,270.
All my Accountants and Tax Experts please help me figure this out!
Thank You.
Who do I pay it too? State or Fed??
I'm from NYS and I with claim head of household and I have 2 kids ages 13/17
I'm from NYS and I will claim head of household and I have 2 kids ages 13/17
1 Answer
- Bostonian In MOLv 71 decade agoFavorite Answer
Can't speak for the State taxes since you didn't say which State, but you will owe Federal income taxes on this in most cases.
How much you'll owe will depend upon your total tax situation so it's not possible to say. It's fully taxable as ordinary income.
If it was your ONLY income and you're single and not the dependent of another taxpayer and you have no dependents yourself you'll owe about $52 in Federal Income Tax. Any other tax situation such as marital status, other income, etc. will change that number, possibly quite a bit.
