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Q: What is a set amount on which no taxes are paid?
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What is delinquent taxes?

means still the amount should be paid


How does the U.S. government get most of its money?

Through taxation. We pay taxes on income, things we buy and a certain amount included in the price of gasoline is also a tax.


What does net of mean?

Net of taxes refers the amount after taxes are deducted. To figure these out, take the total cash from a sale or gross profit and subtract the amount of taxes that were paid from it.


Which of these forms lists the amount of Social security taxes that were paid during the year?

A W-2 form lists the amount of Social Security taxes that were paid during the year.


If I paid taxes and didn't get a refund will I get a stimulus check?

As far as I can tell, the stimulus check is more about the taxes you paid. The amount you would get is calculated on the amount of income and taxes you paid.


What taxes must be paid if you surrender your life insurance policy?

The short answer is, unless the amount of cash value in the contract exceeds the amount of premiums paid into the contract, no taxes will be due.If the policy is a "MEC", then taxes will be due."MEC's" occur when a policy is paid for with a one time, lump sum premium.


Anne paid 10.49 for earrings this amount includes a tax of 7 what is the cost before taxes?

If Anne paid 10.49 with taxes should would of paid only 9 dollars without taxes. You will have to do a little math to find the answer.


What are the differences between tax and taxation?

Taxation is when taxes are collected from people and businesses. Tax is a set amount of money paid on each item or taken out of your pay check.


What does net of taxes mean?

It simply means what's left after tax is deducted from an amount. Net of tax = Gross Amount - Tax


Can company match contribution be paid on a set salary amount if an individual get paid hourly and the hourly amount exceeds the salary amount?

same


What were active citizens in 1791?

Men over 25 who paid a certain amount of taxes.


Can you claim the amount paid to state for taxes on your 1040?

sure but it might be very hard