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What is an individuals legal responsibility to register for income tax returns?
Wiki User
∙ 15y ago
For any year in which you made income of an amount and/or type necessitating the filing of an income tax return, you are legally required to file that return. There is no registration for income tax.
Wiki User
∙ 15y ago
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What is the last date of filing income tax returns for individuals and AOP in Pakistan?
31/08/2012
How does a person deduct charitable donations on their income tax returns?
A person can deduct charitable donations on their income tax returns by writing a percentage to a charitable organization. Their income tax returns will be reduced when they get it.
Can a convicted felony file a tax return?
Absolutely, yes. Being convicted of a felony does not relieve you of the responsibility of paying income tax and filing income tax returns. In fact, any income that results from a felony (money you stole, extorted, embezzled, etc.) must be reported on your income tax.
Is sales return an income account?
Yes, sales returns does appear in the income statement:Revenues:Sales 250,000less Sales returns 25,000
Is purchase returns an expense or income?
it is neither an expense nor an income
What is a s corporation?
An S corporation is one that passes corporate income, losses, deductions, and credits to it's shareholders. The shareholders then list these ups and downs on their personal income tax returns and are assessed as individuals rather than a company.
Are government grants for individuals based on income level?
In most cases government grants for individuals are not based on income level. If you are starting a business with no income you may qualify. “Are government grants for individuals based on income level?”
What is the amount of income individuals have after they save and pay their taxes?
= the amount of income individuals have after they save and pay their taxes? =
What is the process for filing income tax returns in Delhi?
Filing your income tax returns in Delhi can be a complicated process, especially if you have multiple sources of income or have made investments. It is recommended to seek the assistance of a professional tax consultant to ensure that you file your returns accurately and on time.
What is the deadline for filing income tax returns in Gurgaon?
Filing your income tax returns in Gurgaon can be a complicated process, especially if you have multiple sources of income or have made investments. It is recommended to seek the assistance of a professional tax consultant to ensure that you file your returns accurately and on time.
Tax preparer did not include all income for tax returns?
First have him explain why - maybe it wasn't to be included...if he made an error, which is still YOUR primary responsibility in all cases, have him correct it, whihc he should do for free.
What is the Canada Revenue Agency tax return processing times?
for income tax returns filed before April 15paper returns - four weeksTELEFILE, NETFILE or EFILE returns - two weeksFor income tax returns filed after April 15paper returns - six weeksTELEFILE, NETFILE or EFILE returns - two weeks
