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How do self-employed people pay their incomes taxes during the year?
Self-employed individuals typically pay their income taxes through estimated tax payments made quarterly. The IRS requires these payments to cover income tax and self-employment tax, which includes Social Security and Medicare contributions. Self-employed persons calculate their estimated taxes based on expected income and expenses, submitting payments in April, June, September, and January of the following year. They report their income and expenses annually on Schedule C attached to their Form 1040 tax return.
Where do people get money to pay taxes to the government?
If a person has a job, then he should be having taxes withheld from his pay, so at the end of the year when he files, he will get a refund or only have to pay a small amount. If a person is self employed or has just investment income, then he is supposed to estimate his taxes and send some in each quarter (3 months) to cover taxes.
In order for a product to make a profit it must sell enough units to cover what costs?
it has to cover 15,000 unit before it can make a profit
Which of the following countermeasures should be used sparingly because of it's expense and maintainence difficulty?
cover and deception
Which of these was one of the chief reasons for bank failures in 1929-1930?
Banks were not holding require reserves to cover withdrawals.
Will bluecross blueshield of Louisiana crover lapband surgery?
No. Health insurance considers this to be elective procedures and they will not cover this procedure. Sorry.
Does bluecross blueshield of Texas cover infertility?
Blue Cross Blue Shield will cover infertility under some circumstances such as doctor's appointments. However, most of the time they will not cover treatment. You should check with your insurance to see if you are covered.
What are some of the most known companies that sell health insurance in Pennsylvania?
Among the companies that cover people in Pennsylvania are Aetna, Health America One, United Health One, and Cigna. There is also Anthem BlueCross BlueShield and Celtic.
What doesnt bluecross blueshield cover?
Benefit exclusions are included in the plan benefits documents. Call your BCBS insurer or go to their website. Each insurer will have a unique list of benefit exclusions.
Does blue cross blue shields cover air evac?
I am insured by Medicar and a secondary insurer. My secondary insure will soon be Bluecross Blueshield. If I were to need services of AirEvac would BCBS cover the expence Medicare dose not?
Does blue shield cover cochlear implants?
Check with your doctor to see if this is going to be a "medically necessary" procedure. This will play an important role of whether the insurance will cover the procedure or not. Once the doctor determines if it is medically necessary, then you can speak with member services of BlueCross BlueShield to discuss the coverage. The phone number for member services will be on your insurance card.
Does regence bcbs of Utah cover tubal ligation revesals?
Regence BlueCross BlueShield of Utah typically does not cover tubal ligation reversals, as they are often considered elective procedures. Coverage policies can vary, so it's essential to review your specific plan details or contact Regence directly for personalized information. Always consult with your healthcare provider to understand the options available to you.
What health insurance covers tubal ligation reversal?
There are essentially no insurance companies that will cover tubal ligation reversal. Many clinics that perform the procedure offer payment plans that spread the cost of the quite expensive surgery.
Does empire bcbs of sc cover breast reduction?
Empire BlueCross BlueShield (BCBS) may cover breast reduction surgery if it is deemed medically necessary. Coverage often requires documentation of symptoms such as back pain, neck pain, or other physical issues related to breast size. It's essential to check with your specific plan for details on coverage, as policies can vary. Consulting with a healthcare provider can also help determine eligibility for coverage.
Can you be denied health insurance based on the kind of medicine you are prescribed?
This can vary between individual companies. I write applications for BlueCross BlueShield of Florida and we have a list of about 15 medications that will render the applicant ineligible to complete the application process. Mostly diabetic, heart, and mental illness medications. However, in January of 2009 the applicant will be eligible for a new limited benefits plan under the "Cover Florida" program.
Does Blue Cross cover you out of the US?
Normally you will only have coverage in an emergency situation, and then it is on a reimbursement basis. You would pay for the emergency service and file for reimbursement. Call your member services phone number on your BlueCross BlueShield card for details.
Does Florida guarantee individual health insurance coverage?
Coming in January of 2009, six companies have been chosen by the State of Florida to provide "Guaranteed Issue" policies. Do a search on "Cover Florida" and you'll find some articles on the subject. Unfortunately, there aren't many details on the plans. I write applications for BlueCross Blueshield of Florida, one of the six companies chosen, and we don't even have any details as of 12/11/2008.
