You do not have to pay income tax if you do not have any income. Depending upon what you do, however, you may still have to pay sales tax, excise taxes, property taxes, etc.
because the government needs money
Yes-if you get a settlement from the EEOC it is taxable. If it is considered wages it is taxed at the rate your wages were taxed. If it is compensatory damages it is taxed at a lower rate but it cannot exceed 50% of the settlement.
No its not taxed. When you receive your refund, you will notice that their nothing withheld from your refund of any sort. You definitely do not have to report your refund to the IRS-its your money that you earned.
Inheritances are not taxed by the federal income tax.
Annual tax can be define as the amount of money that you are being taxed per year.
Not taxed again on the after income tax money that you have saved but you are taxed on the earnings from the after income tax saved money.
money
no
They started getting taxed around 1773, the time of the Boston Tea Party
No, but a player will have his prize money taxed.
When more money is printed, everyone who uses that currency is indirectly taxed through inflation, as the value of their money decreases.
Yes you are taxed when withdrawing money from a mutual fund. Your current tax rate would apply.
401 (k)
because the government needs money
taxed citizens
yes
Loans are not taxed as income because they are considered borrowed money that must be repaid, not earnings or profits.