any one thats old enough to work and get a paycheck as of social security
I just gave to my house title to my son (21 years old). The title has life estate in it. Is there is any gift tax do i have to pay? or my son have to pay any tax? I live in California jamie
Yes. Standard, uncomplicated tax returns should be filed for 7 years.
If you do not want to pay service tax, then you should not obtain services that have a service tax. Service tax is a tax on certain services. The amount of services is increasing.
if i earn £5000 a year what percentage of tax should i pay
Seemingly yes. Age is not a factor in tax liability...young or old, nor how you made the income.
Why would they want to pay a tv license? But maybe they should pay a TV tax
I just gave to my house title to my son (21 years old). The title has life estate in it. Is there is any gift tax do i have to pay? or my son have to pay any tax? I live in California jamie
The number part is your tax free allowance - ie £6470http://www.hmrc.gov.uk/incometax/codes-basics.htmI'm guessing 603L was last years allowance. So you should pay slightly less tax on 647L
Yes. Standard, uncomplicated tax returns should be filed for 7 years.
If you do not want to pay service tax, then you should not obtain services that have a service tax. Service tax is a tax on certain services. The amount of services is increasing.
acutally that depend on the customhouse , the value is over $80 will pay tax
You should pay all taxes that are legally due.
Old people get certain additional tax breaks, but they are not exempt from any tax I know of.
if i earn £5000 a year what percentage of tax should i pay
Depends mostly on whether your marginal tax rates will rise or fall. Starting with $1,000 untaxed money: The Roth route: pay income tax on it at say 28%. The remaining $720 goes into the Roth. Say it doubles over X years to $1,440. You draw it out but do NOT pay tax on it. You get $1,440 after tax money. The traditional IRA/401(k) route: do not pay tax on it; $1,000 goes into the traditional IRA/401(k). It doubles over the same X years to $2,000. You draw it out but you DO pay 28% tax on it. You get $1,440 after tax money.
You should pay tax to the state that you are getting your car registered to
Roths are stupid investments. basic fact...don't pay ANY tax until you have to..Roth insists you pay them before required.