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What line on 1040A is total federal tax paid?
The total Federal Tax paid is the sum of the federal taxes that you have payed either through payroll deductions or estimated taxes that you have paid to the federal government or others that have paid federal taxes to your benefit, for that particular tax year.
Can federal taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
No. Federal taxes are never deductible from Federal taxes! (Even if you paid them the year they were due. Certainly paying them in a later year won't produce a benefit).
Are federal taxes paid as a business expense?
No
What is the average amount of taxes a person pays?
Your question needs much more definition....and shows limited understanding of taxes, finance and such. Income taxes, sales taxes, property taxes, investment taxes, lots of others...Federal? State? Local? Average? (Consider something like 95% of all the taxes paid are paid by only 3% of the people....and almost 50% of all people not only don't pay, but actually receive more back than they pay....what possible importance is average?)Try www.taxfoundation.org for lots of statistics and maybe it will help define what you want.
For every dollar you make how much taxes do you paid?
Each person will have a different tax rate taken out. On average, 10 to 20 cents of every dollar, goes to taxes.
What was the average federal income tax per person collected in US in 2006?
What is the average taxes paid by the average tax payer? also What is the average wages paid to Federal employees? How many average taxes payers, taxes, it takes to pay the wages of one Fed. employee?
What are federal estate taxes?
Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.
What line on 1040A is total federal tax paid?
The total Federal Tax paid is the sum of the federal taxes that you have payed either through payroll deductions or estimated taxes that you have paid to the federal government or others that have paid federal taxes to your benefit, for that particular tax year.
Can federal taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
No. Federal taxes are never deductible from Federal taxes! (Even if you paid them the year they were due. Certainly paying them in a later year won't produce a benefit).
Who do you pay your taxes to?
Federal taxes are paid to the Internal Revenue Service.
Are federal taxes paid as a business expense?
No
Currently individuals and business pay taxes directly to the federal government in the early years of your country?
taxes were paid to the states who, in turn, paid the federal government.
Can you deduct the interest paid on state taxes on your federal income taxes?
yes
Which payroll taxes are paid by the employer only?
Federal & State Income taxes
What is the average amount of taxes a person pays?
Your question needs much more definition....and shows limited understanding of taxes, finance and such. Income taxes, sales taxes, property taxes, investment taxes, lots of others...Federal? State? Local? Average? (Consider something like 95% of all the taxes paid are paid by only 3% of the people....and almost 50% of all people not only don't pay, but actually receive more back than they pay....what possible importance is average?)Try www.taxfoundation.org for lots of statistics and maybe it will help define what you want.
What is the general term for all taxes paid to the national government in the US?
federal taxes. ---PLATO
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.
