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Can you get a mortgage if you only work part time?
No part time is considered unstable income.
Does interest revenue go on income statement?
Yes all revenues are part of income statement and interest revenue also that’s why it is shown in income statement as other income.
Which two types of taxes provide the largest amount of revenue to states?
For most states, one of the two types of taxes that provide the largest amount of revenue to the state is property taxes. Sales tax is the other tax that provides a large part of the revenue. Income taxes provide some state revenue.
Can a debt consolidation loan be taxed as income?
No. Loans are never income. You are worth no more, and no less, before or after a loan. Your liabilities went up by the same amount as an asset...generally cash).(In fact, perhaps you need to really understand that...borrowing or debt is NEVER income...do not treat it as such).Improved:However, if any of your creditors are settling with you / forgiving a part of your debt as part of the process, the amount that is forgiven CAN be reported as imputed income and taxed.
Do you have to pay income tax on a repo deficiency that you are making payments on?
If you are making payments on a repo deficiency you will not have to pay income tax on the amount. You would have to pay income tax on any part of the deficiency the company wrote off or forgave. The IRS expects you to claim the forgiven amount as income on your taxes.
Are you subject to Colorado State income tax if you live in Colorado part-time while being a resident of Texas which has no state income tax?
Yes
What tax to file if you move states?
One federal 1040 income tax return and a resident state income tax return an a nonresident or part year resident state income tax return.
Can you get taxed twice for income earned in one state if you move to a different state?
No. You may have to file 2 state income tax returns one resident state and one part year resident for this purpose.
How do you file taxes if you worked in 2 different states?
One federal 1040 income tax return combining the income from both state on it. Your nonresident or part year resident state tax return and your resident state income tax return filled out correctly and you may get a tax credit on your resident state income tax return if you had to to pay any income tax to the nonresident state if the returns are completed correctly.
Do you have to pay income tax in pa if you live you fl and work in pa?
You will have to file a non resident or part year resident PA state income tax return correctly to determine if you will have to pay PA. state income taxes.
Is free income tax filing on Turbotaxintuitcom really free?
No, they always charge you for the state part
Does the Mormon Church pay income taxes?
Churches do not pay income tax or property tax. Part of the separation of church and state in the United States.
Alaska was purchased as part of an imperial vision held by Secretary of State?
William Seward in 1867.
What part of speech is income?
Income is a noun.
Is GDP a part of national income. which term is broder GDP OR National income..?
National income is a part of GDP. GDP is a broader term.
What is low income housing good for?
Low income or subsidized housing is where the state or government pay part of the monthly rental charges for low income families. With the way the economy has been the last few years , low income families helps to ensure that families with children have a stable home.
Do you have to file a state income tax if you only worked in that state for 2 months then moved to a state that has no state tax?
Yes you will have to file the return. Shat you do is file a Part-Year Resident return. You will list the dates you lived in the State on the tax return.
