| income tax |
| The truth about income distribution and taxes paid in the U.S.? |
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Ignore the rants that the rich don't pay taxes. If you look at the statistics compiled by the IRS every single year, you will see that ...... |
| What is the income limit to get earned income credit on taxes for FY06? |
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"You have one qualifying child and you earn less than $32,001 ($34,001 if married filing jointly)"
...... |
| Why are we led to believe that taxing our income is legal when it is clearly not? |
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About sixty percent of an average income goes for taxes when you add up sales tax, income tax, property tax, car tags, gas tax, cigarette ta...... |
| 20,0000 the cutoff the government will start taxing your income? |
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Single:
Personal Exemption:3200
Standard Deduction:5000
Non-Taxable Amount:8200
10% Bracket: 7,550
Tax on 20,000: 1392.5
% of 20,000: ...... |
| Are VULs really a good way to avoid paying taxes on income obtained in investments? |
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I think part of it depends on how old you are. If you are under 30, I believe you can lock in a pretty low premium. The advantage is that it...... |
| I'm married with 2 kids, how should we file our taxes? Total income $62,000 and what we expect to see back? |
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youd file married filing joint, with two dependents.
theres no way of knowing what your refund is, if any, without knowing how much tax y...... |
| Is a 77 yr old person required to pay social security taxes on income? |
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If a person is drawing soical security and is working at a job, they do have to pay social security taxes along with state and federal incom...... |
| My company provides a $500 per month car allowance, but it is taxed as income, how can I write this off? |
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You can't "write it off." The $500 IS income (you would have to pay for the car yourself otherwise,) and the 22 cents per mil...... |
| If I converted 2K from a trad IRA into a Roth is it really taxed as income? |
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The distribution from the traditional IRA is taxable even though you converted it to a Roth IRA directly and did not take possession of the ...... |
| Is there a site that tells us about senior citizens in Montana having their property taxes match income level? |
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look it up asshole!!...... |
| If you sell on ebay and make money do you have to claim it on your taxes as income? |
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Is this a regular business? If you paid more for the item then you received then the answer is no. If you paid less for the item then you so...... |
| Is there a place an illegal immigrant can obtain a legal number in oder to pay taxes on income? |
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yes, you can go and ask for a tax id number (the card will be green instead of the regular blue color)
What is a Tax ID or EIN?
An Empl...... |
| How do i file taxes with income from a friend or a family member paying me as an independent contractor? |
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Whether or not you get a 1099 you must file taxes, if the level of your income requires you to.
You will have to complete Schedule C to d...... |
| Do social security receipient pay taxes on income from selling annuity? |
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It depends. You will pay capital gains taxes on the annuity anyway, but you will only pay income taxes if the annuity withdrawls PLUS your ...... |
| Do social security receipient pay taxes on income from selling annuity? |
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I think you may want to ask a tax specialist on this one....... |
| Do you need to pay taxes on income earned outside the country if you own property in Canada? |
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Canadian income taxes are based 100% on residency. If you are not deemed to be a resident, then you don't pay income taxes - as simple a...... |
| What is better to pay taxes on, income, inventory or buy assets? |
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The previous posters are both correct. Buying inventory only increases the assets on your balance sheet, it's not a cost of goods sold...... |
| Do you have to pay taxes on income from blood plasma you donate? |
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I assume if you are selling plasma you do not earn a lot. If your total earnings were less than $8,450 (single) then you do not need to fil...... |
| What happens if your company stops taxing your income due to a keyboard error? |
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Since it's now 2007, the company taking extra out of your pay now won't do anything to help your 2006 tax bill. That would only cou...... |
| How do I go about paying taxes for income I make by working at home? |
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There are two, possibly three federal tax forms that you must complete. Schedule C--Profit and Loss from Business. Form 4562 Depreciation ad...... |
| Are you required to pay US taxes on income earned outside of the country? |
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Yes, he has to pay US taxes, but he can credit the taxes paid to Italy against his income. But if Italy taxes him higher than US (which is v...... |
| Why doesn't the gov't stop taxing our income? |
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I agree, it does sound simple, but I think there would be some kinks to work out. For example, you say rich people spend more, they probabl...... |
| State Taxes with Income from Indiana and Ohio? |
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There are rules on reporting the adjusted gross income when you have income from several states.
Typically, you take the percentage of the ...... |
| Irrevocable trust DISBURSEMENT....taxed as income to befeficiary or not? |
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While the money is in the trust, the trust pays the tax. Once the money is distributed to beneficiaries, any income and tax liability gener...... |
| Wages Cannot Be Taxed As Income? |
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There are a lot of things this country does that is illegal and not constitutional. It is true That is way I asked the question about the di...... |
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