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What happens when a company don't take the right amount of taxes out of your check and in so you owe the federal money?
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∙ 11y ago
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Can ABC Company deposit a check into their account if the check is made payable to CBS Company?
Yes if the bank accepts it, but ABC company is liable for the amount if the check isn't paid.
What happens when the federal reserve clears checks?
Federal reserve banks do not "clear" checks. That is done by the bank that the check was written on.
How federal tax is taken out of your check in the state of Texas?
The amount of federal tax that is taken out of your check in the state of Texas depends on your tax situation. Typically, you can except between 10 and 20 percent to be taken out for federal taxes.
If your insurance pays you for an auto accident and the insurance company for the driver who hit you do you have to return one check?
If the other company only gave you the deductible amount, then probably not. But if both paid you the full amount, then you should turn the other company's check to yours. If the larger check came from the other driver's insurance, I'd return the check from your own insurance company - you're entitled to the deductible amount, if you're not at fault.
How much federal and state tax should you have taken out of your pension check you are married the amount of your check is 1100.00?
If your pension is your and your spouse's only income, Federal, 10%. Many States do not tax retirement income - you will need to check with your State.
Is a annuity check considered income?
An annuity check would be a part of your unearned income amount on your federal 1040 income tax return.
Is a annuity check considered earned income?
An annuity check would be a part of your unearned income amount on your federal 1040 income tax return.
What personal information do you need for a certified check?
Your name, the name of the person or company that you are sending it to and the amount you want the check made out for
If the amount in the number box of a check differs from the amount written on the number line can a company legally process the check?
Yes. Companies or banks can process check for the legal amount, which would be the written amount. It is under the drawer's bank's discretion whether or not they will accept the check for payment. If they deny the check, the payee's bank will deduct that amount, along with any fees associated with that transaction.
What happens when a uninsured driver hit someone?
What happens when an insured driver hits someone depends on the state you live in. In a no-fault state you present your claim to your insurance company for payment. In a tort state, you would sue the driver for compensation. If you have uninsured driver coverage, then your insurance company should cover you and/or your vehicle, up to a certain amount. You should check with your insurance company to be sure.
How do you cash an auto insurance check that is made out to you and the loan company?
you need to check first your account and then you get it You will have to take or send it to the loan company. They have the first right to any money from the check to cover the outstanding loan amount.
What happens if insurance company cuts a check and stolen items are found?
ned kelly comes
