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What else can I help you with?
Can a pensioner get income tax rebate on his paid house rent?
Rent has no effect on income tax
Citimortgage tax dept phone?
How do I get a copy of the intrest paid on our house? We did not receive the normal yearly tax form from your company.
Tax break for buy a new house?
after you buy a house how long do have to report a problem with the house and is the seller liable for the damage
Is a property tax bill same as rent bill?
Rent bill is for the lease or rent to live in an apartment or house and is paid by the person living there. A property tax bill is for taxes on the property and is paid by the owner.
Do income tax have to be paid to buy a house?
No but if you owe income tax and the income tax people claim that you owe them money they are in a position to sell the house you bought from under you to pay for the income tax you did not pay. other then that there are any number of charges levies and taxes associated with the purchase of a house. House buying is a real cash-cow for the government and the legal professionals.
What is the difference between a tax paid by buyers and tax paid by sellers?
the only difference between tax paid by buyers and tax paid by sellers is who sends the money to the government. Manga economics student
What is MED FICA tax?
MED tax is the tax that is paid to Medicare. FICA tax is the tax paid to pay for Social Security benefits.
What is the capital gain tax on a home sale?
Capital gain tax's applies to the moneys that you make on top (profit) of what you paid for the house ... and that would depend on what state you live in ...
I claimed the first time home buyer tax credit what should i expect on this year's taxes?
Its an 8000 dollar tax credit. that's the max you can get. its 10 percent of what you paid. So if your house was 50,000 you get 5,000 in tax credit. So take the amount you paid x .1
Who pays supplement property tax?
The buyer does because it is supplementation of difference of the taxes charged from the old price of the house to the new price of the house which was paid by the buyer.
Tax that you pay when making a profit from selling a house is an example of?
The tax paid on profit from selling a house is an example of capital gains tax. This tax is levied on the profit realized from the sale of an asset, such as real estate, when it is sold for more than its purchase price. Depending on the holding period and local tax laws, the rate of capital gains tax may vary.
Suppose that a local sales tax is 6% and you purchase a backpack for $24, how much tax is paid?
$1.44 tax paid
