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Income Taxes

Parent Category: Taxes and Tax Preparation
Taxes imposed by the government on the incomes of individuals or organizations, including capital gains
A friend of mine filed through Turbo Tax efile and the IRS website said she'd receive it on 2/2/10. She actually received it on 1/30/10. Check the website again every few days for updated info.
Yes. Gross income means all income you received in the form of money ( ie social security benefits), goods, property and services that is not exempt from tax , including any income from outside the United States (even if you can exclude part or all of it).
Most companies mail out W-2s and must do so before January 31st ofthe current year. If you have not received your tax information,you must contact your HR department and request a copy of the formsyou require.
Payments of this kind are not taxable at all. This is considered ascompensation for a loss of some kind be it injury or property.
No. Death benefits from life insurance are not taxable. The onlyway that it could be taxes is if you illegally deducted yourpremiums on your tax returns. As long as the premiums are paid withafter- tax money, there is no income tax on death benefits.
Death benefits are not taxable for income tax purposes.
Garnishment is the usual method of paying child support, especially if there is an unpaid balance.
The answer to your question is Maybe. There are other questions involved. Who feeds them? How much of what they pay goes for food? Are you taking a deduction on the part of your house you are renting to them? Sorry, I can't answer the question with the information at hand. * Added - If there is an...
This is a quarterly report that is due by the end of the monthfollowing each calendar quarter. This would make the due datesApril 30th, July 31st, October 31st, and January 31st.
You can do it through the portal at your store or you can go onlineat home to the family dollar website at the bottom there is a linkthat says employees and that will take you where you want to go.
Answer . Compared to an active partner - NONE.
They pay them back as scheduled. The status change might not take effect with back taxes owed but either way they will still be due.
only if you itemize. Missour will send a 1099 in January
can i abtain a work history through irs for a deseased parent
Any dependents? If so, what are their ages? Lots more info toanswer your question. Sorry.
Once the state tax office has all your forms, your refund should be on the way to you in a couple of weeks. If you have not receved your refund with 30 days, I recommend you contact the state tax office to see if there is a problem. See related links for contact information.
No, but there may disagreements onver what reasons are legitimate.
Imputed tax is when something is assigned a certain value. Otheritems are used to establish this value and then you pay taxes basedon that value.
Yes, they will. If the amount you are getting back is more than the amount you owe, they will seize the entire refund. It's happened to me twice. I am currently up to date and have almost paid of the amount I owed, but they will take it if you have back child support payments. . Fathers get their...
Usually the custodial parent when all of the other rules are met by each name on the tax return. Go to the IRS gov web site and use the search box for Publication 17 go to chapter 3 Qualifying Child
Yes. At present, Missouri taxes Social Security benefits based on total income. This will phase out at the end of the 2010 tax year. There will be no state tax on benefits received in 2011.
No, if you made nothing in the year.. If you are self-employed and have filed in previous years, then you also need to file for the prior taxable year. There is big difference between money earned and what is considered a profit in self-employment.
Maybe never. Our politicians are crooks and the state is broke.....
ForTaxWise users, you can also access these codes from inside thesoftware. Press F1 from the Business Code field on the Schedule C,then click the link under the "Business Code" labeled Click herefor a list of the Business Codes. . File Attachments 2015 Schedule C (1040) Codes.pdf (113.86KB) .
I have never seen a case where a private company of any kind canput a lien on someone's Federal Income Tax Refund? Usually the onlygroups that can put lien on a Tax Refund would be a governmentrelated debt like state or city taxes, student loan debt, foodstamp or social security overpayments, etc.
While that isn't true it would not be justified if it were. The more a corporation pays in taxes the less they will grow and the fewer people they will hire. Corporations have dozens of different types of taxes they have to pay.
Until they are paid, but often take it when none is owed.
The amount one pays as income tax depends on their TAXABLE income. It is a percentage of that income. The exact percentage used depends on the level of that income. Taxable income depnds on many things: Earnings from employment for sure, earnings from other sources (investments, government...
Yes there was a stimulus payment for the 2009 income tax return.If you did not receive it and did not claim it way before now, youwill not be eligible to claim it this far in the future.
my husbands checks have been garnished now for a year and a half he has paid about 10,000 and now they want to garnish our intire tax refund and we are in over our head in debt we got a foreclosure letter that if we dont pay 4,000 we will loose our home the only way we can stop this is to use our...
Only if your daughter is a disabled person; if she qualifies for SSI now.
While there may be some limits or restraints on seizing a tax refund or pension (and probably not as much as you may want to think), once any of these items are deposited into a bank account they lose their identity and are like any other funds. It is only while the tax is with the IRS, or while the...
This is from the IRS website: If you suspect or know of an individual or company that is not complying with the tax laws, you may report this activity by completing Form 3949-A . You may fill out Form 3949-A online, print it and mail it to: . Internal Revenue Service Fresno, CA 93888. If you...
This is not declared income and you will not have to pay income taxes on it. Same thing for child support. However, Alimony payments have to be delclared and will be taxed.
If you got unemployment in 2012 you do have to file taxes if you didn't have the taxes taken out of the unemployment you received.
Unfortunately, the same thing is happening to us. The tax software told us that our income was too high to claim the child tax credit. The sad thing is my husband has been unemployed for over 6 months and our income is still too high, therefore I think they should lower the income levels...
Not all jobs pay taxes . The army is tax free.
income is what you can earn including your salary, other suport income like your rental income and some profit payment
Taxes are paid to the government, and are not included in your wages. They will take the money that is yours only, not that which should be the government's. Yes, a tax return can be garnished, as it is your income and has the same restrictions as any other form (barring taxes, since it has...
1 - 2 weeks It only takes 4 to 5 days if you have direct deposit.
That would be impossible as you describe. A fake ID would mean that the property owned would be in a fake name. Which is fine, but if it were contested, he would not have the property any more, not actually being "John Smith", the name on the deed. Also, property taxes must be paid each year no...
The IRS would charge interest to anybody who doesn't pay on time regardless of immigration status. Anybody can request extensions or installment plans. Anybody, including working class Americans, would go to jail only if they intentionally don't pay taxes. As for illegal immigrants, they...
Gross income on the 1040 income tax return is the total amounts of all of your worldwide taxable income added together that is on page 1 line 22 Total Income of the 1040 tax form. From the line 22 total taxable income you can have some amounts from line 23 through line 35 that can be used to...
You will need to look at your tax return for 2009. It would havebeen shown on your return as received or claimed as part of arefund. You can also look back on your bank statement as manypeople were automatically sent the payment if they were recipientsof Social Security or VA benefits. The payment...
Please make clear what you are asking and I will be glad to try toassist you with your question.
Yes it is very possible that would have to pay some state income taxes when you report all of your gross worldwide income on the income tax return for the year.
IRS can take 15% of a social security check under the federal levy payment program and more under regular levy procedures. That happens very infrequently and only to people who have made themselves extra deserving of harsh treatment. If it is creating a hardship you should contact IRS - ask that the...
It came out yesterday 2/11/2010.
You aren't responsible for them overpaying you, but you are responsible for paying back whatever you were overpaid.
I have found no law requiring you to give a customer a receipt. And if they have not paid you, certainly you are not required to give a receipt for a payment not received. That they might need a receipt for tax purposes - and they do - does not make it "your" need. And when I called the IRS law...
The parent that has the child 51% of the time even with a custody order.
Yes it does. There are only 7 states without state income tax, Nebraska is not one of them.
For the 2009 tax year the deadline was January 28 2010.
A donation to an individual is considered a gift. If you received it as cash and did not give the other person a receipt, don't worry about it if it wasn't a lot of money.
Nope. Your income tax is YOUR income tax on YOUR income...and you owe income tax on income other than what you make with him, and that amount you pay on any income depends on things like your marital status, health, expenses, if you pay a interest on a home mortgage, etc, etc. Not in the employers...
This seems to be a statement rather than a question. I don't really know what your question is but I will try to guess. IF you are asking whether or not you can add them to this years return, the answer is no. You can only use expenses that you incurred in the year that is covered by the return. The...
If the charitable organization's year end is December 31, then the990 and any payment are due May 15 of the following year. If thetax year ends in a different month, then the return is due on the15th of the fifth month after year end.
The form number depends on variables within the association's business structure, there are a few different forms. Your tax attorney can help you understand exactly which form to use based on your association.
Because the child (or whoever) does not live with you you can't legally....but what the world don't know can't hurt it. I mean, look at what the government did on 9/11 just to come up on some cash and get rid of some evidence, and you're gonna tell me that you can't tell a little white lie like...
no, once you claim someone you cannot be claimed yourself
5.75% for both short term and long term.
Answer . \nAll possessions should be valued at 'yard/garage sale' prices. When filing bankruptcy schedules all the information they contain is presumed to be given under oath. If any information is found to be false or misleading, the person(s) can be charged with perjury, contempt of court and a...
Federal Insurance Contributions Act ( FICA ) in other words, it is your Social Security Tax.
whats the username and your password to get your w2
The answer depends on your individual circumstances. If you are retired and Social Security benefits are your only source of income , you may file, but generally will not be taxed. If you also receive income from sources other than Social Security, your benefits will be taxed if your total...
An excise at the rate of $25 per one thousand dollars of valuation (effective 1/1/81) is levied on each motor vehicle. Information on the value of a motor vehicle is accessed electronically through a data bank complete with valuation figures. Different sources provide the valuation figures depending...
Yes very much so. The Department of Treasury's Financial Management Service (FMS), which issues IRS tax refunds, has been authorized by Congress to conduct the Treasury Offset Program. Through this program, your refund or overpayment may be reduced by FMS and offset to pay any past due child support...
It depends on what they took out for federal taxes , and if your state takes out taxes, and what deductions you claim
If the trust is properly drafted the property can be removed from your estate entirely. However, the trust must be drafted by an expert in trust law. If the grantor retains any power over the trust property, it will be vulnerable to creditors and taxation. You need to consult with an attorney with a...
I don't know when the IRS began putting forms and publications ontheir website, but currently there is every year that income taxeshave been in existence available on the IRS website. This includes1864 Income Tax Return which were later declared unconstitutionalby the Supreme Court. This tax was...
if it is a federal tax refund check, there is an expiration date on the check. From state, it varies. for example NC, the tax refund check is good for 6 months only. if you want to make sure the expiration date on the check, you need to contact state financial office. Best way to provent this happen...
Yes. State income (and net worth based) taxes are deductible from taxable income for Federal income tax purposes.
If you owe back taxes , the IRS will automatically deduct that amount from your refund. Depending on that amount, you can only receive what is left from that deduction.
Yes - the refund is an asset - which the card company can use to offset your debt !
A bonus is treated like any other income from that employer...just like salary (call the money or things your employer pays or gives you anything you want - that isn't going to change what it really is and the tax authorities know that). The percent taken out depends on all the factors you...
You cannot receive the Alaska Permanent Fund dividend check if you are not an Alaskan resident.
1-800-829-1040 IRS has lots of toll-free telephone numbers:800-829-1040 - IRS Tax Help Line for Individuals 800-829-4933 -Business and Specialty Tax Line (new) 800-829-1954 - Refund Hotline(new) 800-829-3676 - Forms and Publications 877-777-4778 - NationalTaxpayer Advocate's Help Line 800-829-4059 ...
estate Social Security tax A+
Yes. State refund must be claimed as income on your federal return.
You must file taxes if you earn the following amounts of income: Self-employed, any age: $400 Children and Teens classified as a dependent: $5,700 Single, under 65: $9,350 Single, over 65: $10,750 Married, filing jointly, both spouses under 65: $18,700 Married, filing...
To get copies of your previous years filed income tax returns you will have to order the copies you want from the IRS. Go to the IRS gov web site and use the search box for Get A Copy of My Return . Instructions for how and when to request a copy of your tax return or a tax return transcript....
Yes, you do. And any tax refund may have to be given to the trustee.
It is called "Magic" by B.o.B. It features the Rivers Cuomo, thelead singer of Weezer.
Only if he has possession 51% of the time. see links below