Federal taxes are the same everyplace in the country...for everyone...and vary on many factors like income level, deductions, exemptions, etc. but, the identical someone (if that ever really happens) in Calif would pay the same as some one in Ohio and all the same as someone in NY ..... except that the State taxe you pay is a deduction against your federal income....and that may be different in every state.
Minors are subject to both state and federal income taxes just like adults.There are no age limits on income taxes.
No New York does not have an inheritance tax. Only 11 states do have one enacted. Seventeen states have estate taxes, but New York does not have one.
Yes.
First, Rhode Island doesn't have an inheritance tax, it has an estate tax - there is a difference but unless you are going to be handling interstate estate matters, don't worry about it. Regardless of whether Rhode Island has inheritance tax or an estate tax, if the deceased was a New York resident and the property was in New York, only the New York taxes would be levied. New York would collect the taxes from the estate, however, if the executor somehow paid you and didn't pay the New York taxes then New York could collect the taxes, penalties and interest from you. Tax attorney/CPA
I live I Indiana and received an inheritance from a relative in New York. I received a K-1 form showing amounts to use on tax form. What form do I need to use to report this. Do I owe taxes to New York or only need to show the amounts on Federal and Indiana tax forms?
levying taxes
if you have paid taxes for this long, how can you live on your 31.000 a year retirement check and still pay federal taxes every year?
Minors are subject to both state and federal income taxes just like adults.There are no age limits on income taxes.
The citizens of New York pay taxes to support the New York Giants
No New York does not have an inheritance tax. Only 11 states do have one enacted. Seventeen states have estate taxes, but New York does not have one.
This is an easy one. If you qualify for free federal taxes on TurboTax they will allow you to file free for the state tax. The site is www.TurboTax.com.
Everyone was taxed in colonial new york. :)
New York is the proper adjective for New York, as in New York state of mind, New York bagels, and New York income taxes.
The second district in the Federal Reserve System is regulated by the Federal Reserve Bank of New York. This includes New York, and part of New Jersey.
Flight ticket from Russia to New Work is $568 avg/person include all taxes .
Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?
Ummm.... It makes no difference what New York has to say about it - it's a FEDERAL crime.