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Yes some time this can happen.
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∙ 13y ago
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When do you get your income taxes back?
You get them back if you have overpaid your taxes. You get them back after you file a tax return. Of course, you can avoid overpaying your taxes in the first place. Then you wouldn't have to wait to get them back. Get a new Form W-4 from your employer's payroll or HR department and claim more allowances. Claim enough allowances to wipe out your overpayment. You will get back more in your paycheck every week instead of having to wait a whole year to get your money back.
Do you have to pay inherit taxes on money willed to you in NC?
If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.
Are taxes more with making less money or more money?
Much less making less money. About 50% of the people in the United States pay no income tax at all, and a large percentage of them actually get money back in the form of a earned income credit.
What is the propose of income tax brackets?
Income Tax brackets exist to apply more taxes (as a percentage) to those who have more money to pay, and less taxes to those who have less money.
When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________. A. A tax refund B. Gross pay C. Estimated tax D. An audit?
A. A tax refund
What happens when it is time to file your taxes if you claim too many allowances?
Get more money back when you file
Is it illegal to file your income taxes under a state that you have never lived in just to get more money back?
YES
When do you get your income taxes back?
You get them back if you have overpaid your taxes. You get them back after you file a tax return. Of course, you can avoid overpaying your taxes in the first place. Then you wouldn't have to wait to get them back. Get a new Form W-4 from your employer's payroll or HR department and claim more allowances. Claim enough allowances to wipe out your overpayment. You will get back more in your paycheck every week instead of having to wait a whole year to get your money back.
Do you have to pay inherit taxes on money willed to you in NC?
If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.
Why did the loyalists put up taxes for the patriots?
For more money and more money=more power!
A Plan where the government pays out more money than it takes in with taxes is called?
"A plan where the government pays out more money than it takes in with taxes"
Are taxes more with making less money or more money?
Much less making less money. About 50% of the people in the United States pay no income tax at all, and a large percentage of them actually get money back in the form of a earned income credit.
Why are lower taxes good for the economy?
AnswerIt leaves more money for consumers to spend, making more jobs for suppliers of goods and services, which makes more jobs for more people to spend more money. That way, the government can make more money because more people are paying more taxes. If government RAISES taxes, the consumer ultimately looses.Imagine taxes based on a continuum. If taxes are zero, the government gets no taxes. If taxes are 100%, taxpayers quit working and the government gets zero again. Somewhere along the line is a place on the continuum where the government gets the maximum that it needs to operate and taxpayers get to keep the most possible. Raising taxes doesn't always result in more money to the government. Sometimes, by taking too much money out of the taxpayers pockets the government AND THE TAXPAYERS loose.
What is is the propose of taxing?
Income Tax brackets exist to apply more taxes (as a percentage) to those who have more money to pay, and less taxes to those who have less money.
How can you avoid taxes?
if you go to Dubai then you wont have to pay taxes instead you gain more money
How do you beat paying taxes?
pay more money in advance and it could lower your taxes a little
I purchased a 2003 Malibu from a used car lot. I drive the car 3 days had major problems with it. I want my money back and the dealer will not give it up. Do I have any rights to my money back?
This varies by locale. In a more libertarian state, no you should have known better. In other more socialistic states you can get your money back but your high taxes will more than make up for it.
