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Can mileage from and to a bank to get Cd's deductible from federal income tax?
Wiki User
∙ 10y ago
No, the mileage to and from a bank to get CD\'s are not deductible from federal income taxes.
Wiki User
∙ 10y ago
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Can a person get a loan using bank statements as proof of income?
I have received mortgage loans based on my bank statements as proof of income since my sole source of income is Federal benefits for which no weekly statement is issued.
What is the minimum amount in the bank before it is taxed?
The amount that is now in the bank should have been subject to the income taxes already and the income taxes should have been paid. The earnings INTEREST,etc. on the amount that is in the bank would be reported on your 1040 federal income tax return along with all of your other gross worldwide income and be subject to income taxes at your marginal tax rate.
Is interest om Federal Home Loan Bank bonds subject to federal income tax?
Yes. Interest from Fed Home Loan Bonds ARE federally taxable and generally are not taxed by states (I live in FL which does not have a state income tax).
Do you need to pay income tax on interest earned on fix deposit even tds deducted by bank already?
Yes all interest income is reported on the income tax return. tds (Tax Deducted at Source). At present NO interest income is exempted from tax .On the federal 1040 income tax return you do have some types of interest that is exempt from income tax but the amount still has to be reported on the 1040 federal income tax return..
When was Federal Bank created?
Federal Bank was created in 1945.
Is federal bank supposed to be capitalized?
Yes. It should be --- Federal Bank.
When was California Federal Bank created?
California Federal Bank was created in 1926.
When was Standard Federal Bank created?
Standard Federal Bank was created in 1893.
When was Federal Bank of Australia created?
Federal Bank of Australia was created in 1881.
When did Federal Bank of Australia end?
Federal Bank of Australia ended in 1893.
When was Home Federal Bank created?
Home Federal Bank was created in 1929.
What is Home Federal Bank's population?
Home Federal Bank's population is 369.
