13% x 500 would be $65 does that sound right to you.
Federal taxes paid or payable, (even if paid in the current year), aren't deductible in calculating your federal taxable income. State income tax payments may be deductible in determining your federal tax taxable income. And refunds received of a prior years State income tax may therefore be included in the current years federal taxable income.
Yes and the state doesn't matter on federal income tax returns. Federal is federal and state is state.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
Yes. State refund must be claimed as income on your federal return.
In the U.S., your federal income tax refund does not count as taxable income for the next year. If you receive a refund from your state, and you itemized your deductions on the federal return, then the state refund will count as income on your federal return. (If you didn't itemize, then your state refund won't count as income.)
Federal taxes paid or payable, (even if paid in the current year), aren't deductible in calculating your federal taxable income. State income tax payments may be deductible in determining your federal tax taxable income. And refunds received of a prior years State income tax may therefore be included in the current years federal taxable income.
38, 812.75
Yes and the state doesn't matter on federal income tax returns. Federal is federal and state is state.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
State goes to state budget & Federal goes to ferderal budget.
The taxable amounts of the income from each income tax return will be taxed at the tax rates for the state and for the federal.
Yes. State refund must be claimed as income on your federal return.
In the U.S., your federal income tax refund does not count as taxable income for the next year. If you receive a refund from your state, and you itemized your deductions on the federal return, then the state refund will count as income on your federal return. (If you didn't itemize, then your state refund won't count as income.)
No, when filing for the federal income tax return, you do not attach the Schedule A for the state income tax return.
State income taxes are deductible from Federal taxable income in the year they are paid, regardless of when they were due.
No you do not send a copy of the state income tax return with the federal income tax return.
No Texas does not have a state income tax.