answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are nontaxable items?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you find out what the nontaxable items or services are in Georgia?

GEORGIA SALES AND USE TAX EXEMPTIONS O.C.G.A. § 48-8-3 March 30, 2010


What is the difference in taxable income and nontaxable income?

Taxable income is stuff that you paid for that will benefit you for your job or business. Nontaxable income is income that isn't necessary to needing it to be taxed.


What is the president's nontaxable travel allowance?

100,000 per year


Bank interest received on saving account is taxable or nontaxable for the assessment year 2007-2008?

bankinterest received on saving bank account is taxable or nontaxable for the assessment year 2007-2008


Do you claim temporary workmen's comp benefits as income?

You may have to claim it, but it is nontaxable.


Can you claim your Hospital insurance premiums as a deducton on your income tax if your payroll says it is nontaxable wages?

If the premiums are nontaxable income to you then you would NOT be allowed to take a deduction for the amount of the premiums that your employer has paid for your medical insurance premium's.


What are the nontaxable compensation income in the Philippines?

If you are receiving the minimum income which is 11,856 as of November 1, 2012 you are exempted from tax.


Elements of income other than money?

One of them would be bartering, stolen property, found lost items, Prizes and awards, Free tours all would be taxableincome and you can find more by going to the IRSgov website and use the search box for Publication 525 (2009), Taxable and Nontaxable Income then go to Miscellaneous income.


Do you have to report federal tax refunds as income?

No. Refunds are portions of your income which were already reported but were nontaxable. You do not have to report any income more than once.


Is nontaxable military benefits included in child support payments?

In calculating child support, all income is considered (except for public assistance or SSI).


How much does the us president per year?

$400,000 per year, along with a $50,000 expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.


In Pa is the delivery charge taxable if you are delivering taxable and nontaxable items?

Here's the PA code: http://www.pacode.com/secure/data/061/chapter54/s54.1.html == (a) Effective March 4, 1971, separately stated delivery charges billed by the vendor made in conjunction with a taxable transaction are subject to tax. For example, delivery charges for transit-mixed concrete are subject to tax even if such charges are stated separately from the charge made for the concrete. Similarly, if a vendor effects delivery of a taxable item to a Pennsylvania vendee through the mails, charges by the vendor for the cost of the taxable item and the postage fee are subject to tax, even if these charges are stated separately on the invoice. (b) Delivery charges made in conjunction with nontaxable transactions are not subject to tax. Therefore, delivery charges of items purchased for resale or items excluded from the tax are not subject to tax. (c) Charges for delivery made by someone other than the vendor and billed by someone other than the vendor are not subject to tax.