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Do any laws for insurance required tax return for home insurance contents in Florida?
Wiki User
∙ 11y ago
I believe you are asking if taxes must be paid on items replaced by a home owner's insurance policy. I do not think so unless the value was more than the original. Typically, insurance companies only write home owner's policies based on current replacement value. And only up to a certain amount. If the contents of your home are equal, by today's value, the insurance company will only cover up to the limit set by the policy. IT is best to insure contents by adding at least another 25% of it's replacement value to allow for inflation. I suppose if you are willing to pay the premiums, you could insure the contents of your home for as must as you like. But getting back to your question, I do not believe that you need to pay taxes (income)on replacements. Of course, you would need to pay applicable local, state and federal sales taxes.
Wiki User
∙ 11y ago
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If you paid the car insurance for a year and you want to cancel?
With the comment that even these times are not the ones to be driving without insurance, you can simply call the insurance company and ask that the insurance be cancelled as of a date in the future (ask how much time is required--shouldn't be much) and they will return a prorated amount to you. Easy.
do have to file a florida tax return?
i have a w2 with florida taxes taken out,do i fle this with florida
Before getting insurance what should I know about "return of premium term insurance"?
Return of premium term insurance deals with the ability to get your money back if you cancel mid-term. Most companies will give a pro-rata return.
What is the difference between a warranty and insurance?
the difference between a warranty and insurance, is a warranty is when you can return it to either get another or to just return it. insurance is when you have coverage over the object or living being.
Explain why a characteristic of an efficient market is that investments in that market have zero NPVs?
On average, the only return that is earned is the required return-investors buy assets with returns in excess of the required return (positive NPV), bidding up the price and thus causing the return to fall to the required return (zero NPV); investors sell assets with returns less than the required return (negative NPV), driving the price lower and thus the causing the return to rise to the required return (zero NPV).
What is the destiny of Florida?
Florida is destined to return to what it was before human intervention: underwater.
How does a change in the required rate of return affect project's Internal Rate Of Return?
A change in the required rate of return will affect a project's Internal Rate of Return (IRR) by potentially shifting the project's feasibility. If the required rate of return increases, the project's IRR needs to be higher to be considered acceptable. Conversely, a decrease in the required rate of return could make the project's IRR more attractive.
Is there a 3 day return law on returning a car in Florida?
No there is no 3 day return law for returning a car in Florida. If the car was sold using deceptive practices then it may be possible to return it.
How many days can you return a new car purchased in Florida?
Zero.. there is no return policy
In Florida can you return a used car in 72 hours?
In Florida, the allow allows consumers to return a used car within 72 hours. The contract must be cancelled within 3 days with the return of the car.
Can you return a new car after purchase in Florida?
yes
Can you explain the Term cancellation return only in marine hull insurance?
cancellation return only
