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What else can I help you with?
You are JTWROS Do you pay tax as a survivor?
I am a survivor on a jtwros account. Do i pay tax if it is under @600.000. Or do i just pay tax on the interest?
If you receive money from your grandparents do you have to pay tax?
No. They may have to pay gift tax. See discussions under that topic.
Do you pay taxes on dividends and capital gains for ADR stocks by filing returns in the foreign countries or is the tax withheld automatically?
Your dividend statements should say whether tax has been withheld or not, this could come under 'franked amount' (which means tax has been paid on this particular dividend) or maybe you have an amount under 'foreign tax credit' which is the amount you claim in your country so you don't pay tax twice. If you only have unfranked amounts that means tax hasn't been paid on that dividend. From experience in Australia you do not have to file overseas if you have dividends in another country as the tax you pay in Australia is based on all forms of income made in Australia and made outside of Australia so you would file in your own country to pay the tax on the dividends. Under no circumstances would you have to pay tax in both countries in regards to the dividends.
What is difference between tax free and taxable income?
You don't pay tax on the tax-free pay and you do pay tax on taxable income
Do you pay taxes on fire insurance payouts?
no, as claims under fire insurance are totally tax free
Can you be taxed if you are under 18?
Yes, tax effects everybody, in the UK for example, you will pay VAT (value added tax) regardless of your age.
You are JTWROS Do you pay tax as a survivor?
I am a survivor on a jtwros account. Do i pay tax if it is under @600.000. Or do i just pay tax on the interest?
Do kids pay social security tax?
no im pretty sure you have to be 18 to pay social security tax
If you receive money from your grandparents do you have to pay tax?
No. They may have to pay gift tax. See discussions under that topic.
Do kids 18 or younger pay income tax?
yes
What is the rate of tax against Form C under Central Sales Tax?
18%
Does child have to pay taxes on a bond?
Children have to pay taxes on the interest generated by a bond just like anyone else would. If their income exceeds a certain threshold, they must pay tax and file a tax return. In addition, children under 18 (or 24 if they are full time students) are subject to the kiddie tax. The kiddie tax applies when income from interest, dividends, and investments exceeds $1900 (in 2009, the limit changes annually). The kiddie tax subjects the child's investment income to tax at the same rate their parents pay.
How much do people have to pay for breaking the 1 child policy in china?
Pay more tax until the child is 18.
Does the pay for jurors have to be declared?
Yes, it is 'earned income' under the tax codes.
Under which tax system do poor people pay a larger proportion of income than wealthier people?
Regressive tax
You are a minor do you have to pay income tax?
For UK residents its up until the age of 18. Until then your income is tax free. enjoy it while you can!
Do you pay council tax and council rent if unemployed and live at home?
Whether you pay council tax and rent while unemployed and living at home depends on your specific circumstances. If you live with your parents or guardians, you may not be responsible for council tax if you're under 18 or if you're a full-time student. However, if you're over 18 and not exempt, you may need to contribute. As for council rent, if you don't have a rental agreement in your name, you typically wouldn't pay rent; your parents or guardians would be responsible for that.
