Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Income Tax Laws & Regulations
  5. / Income Tax History

by Anonymous on June 20th, 2006

Anonymous

Question

Help answer this question below.

According to the IRS codebook, paying federal taxes is voluntary. Why aren't we told that?

  • Like
  • Report
Share:
Other

Answers. Showing one answer.

  • by AB-BrazenGirl on July 6th, 2006

    AB-BrazenGirl

    Um, does this really make sense to you? Why would there be tax evasion if paying was voluntary? What does exist, however, is that if you make under a certain amount per year then paying taxes is optional. I think the last time I checked, it was if you made less that $11,000 a year, as a single person without any dependants, then you wouldn't legally have to pay taxes. So this would account for people who are homeless, insane, or are really poor and on government assistance, etc. If you make more than this amount, then you MUST pay taxes.

    Comments

    • LOL--that was funny! Great answer!

      Answers101

      by Answers101 on July 9th, 2006

    • Just a quick fact check - the amount of income below which you don't have to file is $8,750 - representing a $5,350 standard deduction and a $3,400 personal exemption for tax year 2007. If you can be claimed as a dependent (by a parent, perhaps), that number drops to simply $5,350.

      Good answer otherwise.

      Alex P. Keaton

      by Alex P. Keaton on March 27th, 2008

    • Like
    • Report

    2 comments | Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading According to the IRS codebook, paying federal taxes is voluntary. Why aren\'t we told that?

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

Answerbag

a Demand Media company