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Do you have to claim inheritance money on federal taxes?
Inheritances are not taxed by the federal income tax.
Do you have to claim alimony in federal taxes?
Yes. Basically, any money you receive for any reason should be reported somewhere on your taxes.
Can a person claim exempt of federal taxes for only one paycheck?
If you earn income or make money, you are required to pay federal taxes. It does not matter how many paychecks you receive.
Can you deduct money given to your child as a gift on your Federal taxes?
yes i would deduct money to my child.
What will you get back in taxes if you made 34000?
It depends on what they took out for federal taxes, and if your state takes out taxes, and what deductions you claim
Do you have to claim inheritance money on federal taxes?
Inheritances are not taxed by the federal income tax.
Your husband is in prison can you claim him on your taxes?
Yes, you can still claim your husband as a dependent on your taxes if he meets the criteria for a qualifying relative. However, if he is serving time in prison, he may not meet the residency requirement for being considered a qualifying relative. It is recommended to consult with a tax professional for specific advice in this situation.
Do you have to claim inheritance money on taxes?
Inheritances are not taxed by the federal income tax.
Do you have to claim alimony in federal taxes?
Yes. Basically, any money you receive for any reason should be reported somewhere on your taxes.
Can a person claim exempt of federal taxes for only one paycheck?
If you earn income or make money, you are required to pay federal taxes. It does not matter how many paychecks you receive.
Can you deduct money given to your child as a gift on your Federal taxes?
yes i would deduct money to my child.
Why are there no federal taxes taken from your paycheck?
There are two reasons you may have no federal taxes taken is if you claim exempt on your W4 or if you claim a higher amount of dependents.
If your child is 18 can you claim them on your taxes?
My child was in the Job Corps last year, can I still claim him on my federal income taxes as a dependant?
What will you get back in taxes if you made 34000?
It depends on what they took out for federal taxes, and if your state takes out taxes, and what deductions you claim
Where does the federal govenment get its money?
Taxes. That is how
Where does the federal government get its money?
taxes
How much money does the federal government spend on court taxes?
The federal gov doesn't pay taxes
