Yes, you can deduct state tax payments on your federal tax return if you itemize your deductions.
No, you do not get your principal back with an annuity. An annuity is a financial product that provides regular payments over a set period of time, but it does not typically return the original principal amount invested.
Whether or not you get your state taxes back when filing your tax return depends on various factors, such as your income, deductions, and credits. If you overpaid your state taxes throughout the year, you may receive a refund. However, if you owe additional taxes or did not have enough withheld, you may have to pay more when filing your tax return.
No, you will not get your payments back. If you do not complete the purchase, you have essentially been renting the property.
To claim tax back while working from home, you can typically deduct expenses related to your home office, such as utilities, internet, and office supplies, on your tax return. Keep detailed records of these expenses and consult with a tax professional for guidance on how to claim them properly.
Student loan payments are set to resume on February 1, 2022.
Yes - the State may intercept tax refunds to collect the unpaid balance, even if you are making payments on that balance as agreed. see related links
If you owe back taxes, the IRS will automatically deduct that amount from your refund. Depending on that amount, you can only receive what is left from that deduction.
You need to contact your lender to see if they will work with you on getting caught up on your back payments. Some state laws allow the lender to require you to pay the vehicle off in full and some state laws require the lender to return the vehicle to you if you can catch up on the amount you are behind. You need to check your state law and contact your lender.
The IRS itself has no interest in your tax refund, and they could frankly care less. However, the VA can have a judgment placed on you and seize your tax return for back payments, and the IRS will give it to them. They have to... it's the law.
It depends on when you file your tax return. The earlier you file it, the quicker you will get it back. If you file your tax return in February, you will most likely get your state refund back within a couple of weeks.
State income taxes are deductible from Federal taxable income in the year they are paid, regardless of when they were due.
No, you do not get your principal back with an annuity. An annuity is a financial product that provides regular payments over a set period of time, but it does not typically return the original principal amount invested.
If the father was paying you directly, the payments will, of course, cease. If this is the case you must contact the state for assistance. If you were receiving the support payment from the state, then nothing will change and his payments to reimburse the state will become an obligation/lien against him for which he will eventually have to pay the state back.
Whether or not you get your state taxes back when filing your tax return depends on various factors, such as your income, deductions, and credits. If you overpaid your state taxes throughout the year, you may receive a refund. However, if you owe additional taxes or did not have enough withheld, you may have to pay more when filing your tax return.
No, you will not get your payments back. If you do not complete the purchase, you have essentially been renting the property.
They can "demand" but they cannot force you to return furniture. However, if a creditor has a security interest in the furniture, then can foreclose (i.e. take back) the furniture if you fail to make payments.
No, the state will take it for back child support. If you are not behind in your support payments, you might get the refund.