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You own rental properties in pa but your primary residence is in fli recently you purchased a 2nd home in pa are you eligible for per diem deduction?
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∙ 14y ago
For WHAT?
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∙ 14y ago
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How can you be eligible for the P F deduction?
Eligibility for P.F. deduction is when an organization has 20 or more employees working.
You are married to a British female for 4 years but not living in England Will you be eligible for permanent residence in UK?
no u will not eligible to be a permanent residence of UK
Is tax deductible if buy goods from Goodwill shop?
A private person who buys an article from Goodwill is not eligible for a tax deduction. However, if a private person makes an acceptable donation to Goodwill, she is eligible for a tax deduction.
Which of these people will be eligible for a tax deduction?
Nancy, who gets dividends from stocks and mutual funds
Will loss of principal on Roth IRA investments be eligible as a tax deduction for 2008 tax year?
No.
Is there really such a thing as a car donation tax deduction?
If you donate your car to a charity you are eligible to receive a ta credit.
Can one get tax deduction under 80C for term deposits with Non Banking Finance Companies?
No. Only certain special Fixed Deposit schemes of 5 year tenure issued by commercial banks in India are eligible for 80C deduction.
What is the maximum amount of assets a descendent can transfer to an eligible spouse estate tax free?
As of 2021, a descendant can transfer an unlimited amount of assets to an eligible spouse free of estate tax through the unlimited marital deduction. This deduction allows for the tax-free transfer of assets between spouses, regardless of the amount, as long as the receiving spouse is a U.S. citizen.
How can an illegal alien get a green card?
An immigrant who is unlawfully within the US is not eligible for permanent residence status (green card).
What it an unlimited martial deduction?
On an estate tax return, all property that is included in the gross estate and passes to the surviving spouse is eligible for the marital deduction. The property must pass "outright." Since there is not limit to the amount that can be deducted, it is an unlimited marital deduction. For more information, see IRS Publication 950 at http://www.irs.gov/pub/irs-pdf/p950.pdf
Do you have to pay taxes on a 401k if you take the money out to reinvest in a home?
Because the money in your 401(k) has never been subject to income tax, all withdrawals for any reason will be taxed as ordinary income. Furthermore, if you take a premature (generally, under age 59 1/2) distribution from your 401(k) to purchase a home, the distribution will additionally be subject to a 10% penalty tax. You make take an early distribution of up to $10,000 from an IRA to pay qualified acquisition costs to purchase, build, or rebuild a first home without incurring the 10% penalty tax. The distribution will still be subject to income tax. http://www.irs.gov/publications/p590/ch01.html#d0e8323 If you purchased a home for your principal residence after April 8, 2008 and before July 1, 2009, you may be eligible for a First Time Home Buyer Tax Credit of up to $7,500 for your 2008 tax return. To be eligible for the credit, you must not have owned a home as a principal residence in the previous 3 years. http://www.efile.com/tax-deduction/income-deduction/home-deductions.asp
How and where do you need to apply for passport to travel to Vietnam if you only have a Permanent Alien Card?
You can only apply for a Vietnamese passport if you are a citizen of Vietnam or eligible to be naturalized. So even if you have an alien residence card but is not eligible for citizenship, you can't get one.
