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Sale of my grandmother house and received amount what is the taxs pyable?
Wiki User
∙ 13y ago
You are the only one that should have all the necessary information to fill out your income tax return correctly to get the correct information about what the amount of
income tax may be on the sale of your grandmother house.
Wiki User
∙ 13y ago
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What is prepaid rent receive?
Prepaid rent received is money "your company" has "received" from a customer to pay rent for "x" amount of time, or prepaid.Prepaid Rent Received is actually an "income" or "revenue" if you are renting out a building, home, apartment, whatever.This is just the opposite of Prepaid Rent that is used in the expense. Instead of paying rent, you are receiving it.Say you own a house you are renting out and the tenant decides to pay 6 months rent in advance, you get the money, but it is recorded as a prepaid rent received, as you now still owe him the full six months rent, you are now obligated to the tenant for the next six months and therefor prepaid rent received (similar to unearned revenue) is a liability for you until the rent is used up.
Is there taxable income on money received from the sale of a deceased sibling's house?
That depends on the laws of the county in which you and or your sibling reside. In some countries there is an inheritance tax that may have to be paid.
How much tax is on 105000?
The tax on 105000 depends on what tax category that amount of money is spent on. If the money is for wages earned the rate would be different than if it was the amount of money spent on a house. There would also be a different tax rate if this was a tax on a vehicle purchased.
Can you receive a tax refund over 10000 dollars?
Yes...if you get certain credits, made a certain amount, and have children..or bought a house for the first time..it's definitely possible.
Paid cash for your home 119271.71 where does this amount go on your taxes for 2007?
Purchasing a house is not tax-deductible.You can deduct mortgage interest (which you do not have) and property taxes. If you received a property tax credit from the seller, which appears on the settlement sheet from your closing, you must net that against any taxes you paid during 2007. If there was any credit for taxes due in 2008, net that portion of the credit against property taxes you pay in 2008 to figure your deductible portion.
What are the ratings and certificates for Ironside - 1967 Grandmother's House 4-25?
Ironside - 1967 Grandmother's House 4-25 is rated/received certificates of: Australia:M (video rating)
What to do if you cant pay tax on sweepstakes house?
Sell the house AS-IS and show that as the actual value of the prize you received then pay tax of that amount you received (not the amount qouted by the sweepstakes).
What is the drink they are having at the grandmother's house in an affair to remember?
They had tea at the grandmother's house.
When was To Grandmother's House We Go created?
To Grandmother's House We Go was created on 1992-12-06.
The zoo is five miles from Katie's house. Her school is 2 miles farther Katies's grandmother lives another 3 miles past her School. How far away is Katie's grandmother house from katie's house?
The zoo is five miles from Katie's house. Her school is 2 miles farther Katies's grandmother lives another 3 miles past her School. How far away is Katie's grandmother house from katie's house?
Will i get inheritance if grandmothers house is in daughter in laws name?
Whether you will receive inheritance from your grandmother's house depends on the legal arrangements she has made. If your grandmother has a will specifying you as a beneficiary, you may still receive inheritance even if the house is in your daughter-in-law's name. It is important to consult with a lawyer to understand your rights and options in this situation.
What are the release dates for Ironside - 1967 Grandmother's House 4-25?
Ironside - 1967 Grandmother's House 4-25 was released on: USA: 1 April 1971
Who published Langston Huges salvation?
It was published at your Grandmother house
Who owned the property your house is on in 1950?
My grandmother did. My mum's mum.
A dolls house who helped raise nora?
Nora's grandmother
How did Beyonce get started with her clothing line House Of Dereon?
she was inpirsed by her grandmother
Who is graham in house of Anubis?
Well, Graham is obviously Nina's grandmother.
