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$200, there's another more complicated option but people usually just pay the 200. I remember cause sometimes you'll go past GO and get your 200 and then just have to pay it for tax:)
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∙ 11y ago
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Do you need to pay income tax the first time around the board on monopoly?
no.
When you sell land do you have to pay income tax in the state the land was located?
If the state has an income tax, then yes.
How much will you pay in federal taxes?
If I retire and my income is $4500. a month, how much federal income tax will I pay?
Do I have to pay taxes on my retirement?
Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income. Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income.
How much tax do you pay on rental income?
First, you offset as much of the rental income as you can with deductions for interest, depreciation, utilities, etc. Whatever net income remains, you pay tax on as ordinary income (depending on your tax bracket).
What happens if you land on income tax in monopoly?
It depends what rules you play by. Either you pay the income tax to the bank or you pay it to free parking.
What is the penalty for landing on income tax in monopoly?
you pay 200$
Do you need to pay income tax the first time around the board on monopoly?
no.
Do you have to pay a person in jail in monopoly?
No, you do not have to pay a player in jail in Monopoly when you land on their property. Players in jail cannot collect rent from other players.
How much do you pay for homes on monopoly?
depends
When you sell land do you have to pay income tax in the state the land was located?
If the state has an income tax, then yes.
How much will you pay in federal taxes?
If I retire and my income is $4500. a month, how much federal income tax will I pay?
How much you pay get out the jail in monopoly game?
The 'penalty' to buy your release is 50.00
If I make 86,000.00 net income how much in OAS do I have to pay back?
if i make 62000 net income how much in oas do i have to pay back
Do you pay federal income tax on inherited land sold?
Yes it possible would have to pay some federal income tax on any gain from the sale of this land. This will depend on how long you have held the land after it was inherited and your adjusted cost basis of the land when it is sold and the use of the land before it was sold.
Do I have to pay taxes on my retirement?
Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income. Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income.
How much tax do you pay on rental income?
First, you offset as much of the rental income as you can with deductions for interest, depreciation, utilities, etc. Whatever net income remains, you pay tax on as ordinary income (depending on your tax bracket).
