Originally Posted by ProdigyEng
Lee as you fill out tax forms, does that mean you are self employed/freelance? Here in the uk only freelance and self employed have to do tax self assesments.
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No, everyone here needs to file tax return.
Raquel, tax was deducted from your mom's paycheck, right? Usually we have some tax money back but because of hubby's company went from public trading to private, we had to sell all the company's stock at the end of last year. The investment firm did not withhold tax for the transactions (which were extremely complicated). So all the money gained has to pay tax at various degrees.