It depends.
Some states apply sales tax to software, some don't.
If you receive software in payment in exchange for goods or services, the value is subject to income tax. If you give gifts of software, the value can be subject to gift tax. And so on.
Yes, software purchases are generally taxable, but the specifics can vary by jurisdiction. In many states in the U.S., both tangible and digital software are subject to sales tax. However, some regions may have exemptions, especially for certain types of software, such as custom software or software delivered as a service (SaaS). It's important to consult local tax laws to determine the applicable tax rules for software purchases in a specific area.
If the stipend was for books or education, it is not taxable. Other stipends may be taxable depending on their purpose.
are appliances a taxable items in PA?
calculate taxable pay
ALL income is taxable.
Yes, software purchases are generally taxable, but the specifics can vary by jurisdiction. In many states in the U.S., both tangible and digital software are subject to sales tax. However, some regions may have exemptions, especially for certain types of software, such as custom software or software delivered as a service (SaaS). It's important to consult local tax laws to determine the applicable tax rules for software purchases in a specific area.
Yes! All services are taxable in Florida.
No. It is not taxable
No city bonds are taxable
No. it is not taxable
No it is not taxable
No it is not taxable
Income outside of Social Security is taxable based on several factors, including the type of income earned, deductions taken, and individual tax filing status. Common types of taxable income include wages, salaries, self-employment income, rental income, investment income, and retirement account distributions. It is important to consult with a tax professional or use tax software to accurately determine the taxable portion of your income outside of Social Security.
An investment, whose returns are taxable can be termed as taxable investment. For ex: In India, the interest earned on bank deposits are taxable. Hence depositing money in fixed deposits can be considered as a taxable investment
I don't know what taxable means."Certain essential items, like food, should not be taxable.""Does this bonus contribute to my taxable income?"
If the stipend was for books or education, it is not taxable. Other stipends may be taxable depending on their purpose.
are appliances a taxable items in PA?