Yes everyone has to pay income taxes no matter what even the president.
Yes could have to pay some income taxes on your pension income.
Estates pay taxes on income and may have to pay inheritance taxes.
= the amount of income individuals have after they save and pay their taxes? =
They can, and are actually required, to submit your debt to the IRS. If they have written the debt off, it is essentially income to you. It is as if they gave you the amount of the debt. Which means that you have to pay income tax on that income.
No
oh yeah. Big taxes. (depends how much income, etc. but nevertheless!)
Monaco doesn't pay income taxes
Yes could have to pay some income taxes on your pension income.
Estates pay taxes on income and may have to pay inheritance taxes.
= the amount of income individuals have after they save and pay their taxes? =
Generally, if you have NET income after deductions and losses, you pay tax.
State income taxes don't pay for road repair in other states.
Yes. They pay income taxes and property taxes and sales taxes.
Everybody has to pay taxes.
He had to pay his income tax. My dad has to pay income taxes.
They can, and are actually required, to submit your debt to the IRS. If they have written the debt off, it is essentially income to you. It is as if they gave you the amount of the debt. Which means that you have to pay income tax on that income.
taxes