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What else can I help you with?
What exactly does free federal tax mean?
I think you are talking about when some companies offer for people to do their federal taxes with the company for free, either online or in person. Your federal taxes, are the main taxes that the federal government takes out not the state government.
What does federal withholding mean?
When you earn income from an employer, the employer automatically withholds a portion of your salary for federal income taxes, which they remit to the government on your behalf.
Can you get federal student aid if your parents owe back taxes?
Yes. Just because they owe back taxes, doesn't mean that it will affect your student aid.
Can you deduct the amount you pay your tax account?
I am not sure what you mean by this or what kind of tax account you may be referring to.On your federal income tax return, you may deduct payments of various types of state and local taxes that are imposed on you within limitations. These include real estate, state and local income taxes, and sales taxes (but not both sales taxes and income taxes). You may not deduct federal incomes taxes. You may not deduct interest or penalties.A few states let you deduct federal income taxes on your state return.
What does gross income net of taxes mean?
It means your gross income minus the net tax deductions, the tax deductions as federal income taxes, state taxes, Fica, medicare, SUI/SDI. Other taxes are not included, such as, life insurance, charity, or debts that are taken automatic from your paycheck.
If you repaid taxes due for 2006 in 2008 can you report them on your 2008 return?
If you mean paid federal taxes for a prior year...there is nothing to report...that isn't a deduction regardless if paid on time or not. If you paid State taxes in a different year, that would normally be deductible in the year actually paid for Federal tax purposes.
Who can you blame for your federal taxes?
The 16th amendment, allowing those taxes, was ratified back in 1913. By Congress. The youngest member could not have been younger than 25. Which would mean that he'd be 122 now. However, as it happens, all in Congress who voted for that amendment are dead. You're too late.
What are the terms gross pay net mean?
Gross pay is pay before taxes have been deducted were net pay is after taxes.
If you pay the taxes on a house that has been foreclosed does that mean you own it?
No the bank owns the house.
Does taxes collected from Walmart in the states go to Arkansas?
There are a wide variety of taxes imposed at both the federal and the state level. Not all taxes collected from Walmart or its customers go only to the State of Arkansas. Federal taxes paid by Walmart go to the national government, while state taxes go to the state the store is in. The headquarters of Walmart, stationed in Bentonville, Arkansas, pays its state taxes to Arkansas. Just because the headquarters is located in a particular state does not mean all taxes paid by individual stores and outlets go to that state.
Where has Darfur impacted?
what do you mean where
What is federal FICA?
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
