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Generally Yes.
It's payroll or an earned income...maybe by another name...but what you call it doesn't fool anyone, or mean anything. It's a taxable fringe benefit. If he gave you a car to use, that would be too.
If an employer, through a qualified plan, reimburses you for your specific travel expenses (rather than an allowance), that may not be taxable.
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Is allowment a word?
Yes allowance is a word. As auto correct has probably spelled it for you when you typed this question in. :)
How do you capitalize auto taxes paid?
The amount of auto taxes would be included in the cost of the auto as a part of the cost basis of the capital asset.
Can you claim auto loan on your taxes?
yes
Do disabled veterans pay auto sales taxes?
yes
Do you need to file your auto insurance claim with your taxes when filing them?
Your auto insurance claim has nothing to do with filing your income taxes. You file your auto claim by notifying your agent right when the incident occurs so they can start working on the claim as fast as possible.
Can I deduct my auto donation to charity on my taxes?
Yes, the IRS allows you to deduct your vehicle donation from your taxes. Visit IRS.gov for any forms you may need.
Do you have to pay taxes on dividend?
it depends. if you have it set to auto reinvest then no you don't but if you get the money from the investment then yes you do.
How much taxes is on an 500.00 auto?
the answer to this depends on your local tax rate. 7% on 500.00 is 35.00
Are insurance claims from hail damage to home and auto taxable?
No, but you cannot claim the loss on taxes.
Do you pay taxes on auto insurance settlement for bodily injury?
No. This type of settlement is not generally taxable.
Does someone on Social Security Disability have to pay taxes on an auto insurance settlement?
The auto insurance settlement wouldn't be taxable unless you realize a gain from it. Being on Social Security Disability doesn't exempt you from paying any taxes that may be due as a result.
What has the author Adolphe Combe written?
Adolphe Combe has written: 'L'auto-intoxication intestinale' -- subject(s): Toxicology, Intestinal Diseases, Auto-intoxication 'Intestinal auto-intoxication' -- subject(s): Accessible book, Intestinal Diseases, Auto-intoxication 'L'auto-intoxication intestinale' -- subject(s): Toxicology, Intestinal Diseases, Auto-intoxication
