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The per diem amount reported on your W2 form for the tax year is the daily allowance given for work-related expenses.

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5mo ago

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What is the maximum account value that can be reported on the FBAR form when the exact amount is unknown?

The maximum account value that can be reported on the FBAR form when the exact amount is unknown is the highest value of the account during the year.


What is the total amount of private activity bond interest dividends reported in box 12 of the tax form?

The total amount of private activity bond interest dividends reported in box 12 of the tax form is the sum of all interest dividends earned from private activity bonds during the tax year.


What should you do if you ended up paying more than allowed amount in 401K?

If you paid more than the allowed amount on your 401(k), contact your employer 401(k) rep about the amount that you have overpaid. You should receive a check from the 401(k) company or your plan administrator. This amount is to be reported on the Tax Form 1040, line 7. Since this money went into your 401(k) untaxed, it now has to be taxed. Report this money in the tax year you receive it.


What is the maximum amount of tax credit that can be claimed using form 8936 for the tax year 2018?

The maximum tax credit that can be claimed using form 8936 for the tax year 2018 is 7,500.


How do I report maternity leave on my taxes?

Maternity leave pay is generally considered taxable income and should be reported on your tax return. You will receive a Form W-2 from your employer that includes the amount of maternity leave pay you received. You will report this income on your tax return along with any other income you earned during the year.

Related Questions

What is the maximum account value that can be reported on the FBAR form when the exact amount is unknown?

The maximum account value that can be reported on the FBAR form when the exact amount is unknown is the highest value of the account during the year.


The required form that is filed with the Internal Revenue Service showing the amount due for income taxes withheld and FICA taxes?

You file a form 1040 each year to show the amount of income and amount of taxes for each year. FICA taxes are not reported on for 1040 since there is no deduction for them or figure into your taxable amount. FICA taxes withheld are reported to the IRS via your W-2 that you receive a the end of the year which you use to report your income and income tax withheld.


What is the total amount of private activity bond interest dividends reported in box 12 of the tax form?

The total amount of private activity bond interest dividends reported in box 12 of the tax form is the sum of all interest dividends earned from private activity bonds during the tax year.


What year has had the least amount of UFO sightings reported?

So few sightings are actually reported, there are no reliable statistics.


What best summarizes the fate of Ngo Dinh Diem?

Diem was assassinated in 1963 (the same year that Kennedy was assassinated).


What term means the income of a retired worker?

Retirement income and the amount that is received by the taxpayer during the year is reported to the taxpayer on a 1099-R tax information form.


Which year did Diem cancels the elections?

1956.


What is the average amount of animal cruelty cases reported each year in Australia?

ieri


What was the date when the south Vietnamese began to rebel Diem's rule?

Kennedy and Diem were both assassinated in the same year; 1963.


In what year did the US decide to support Ngo Dinh Diem?

He was supported from the beginning in 1955, to quote our leadership at the time, "...Diem's the only one we got!"


What was the ultimate fate of Diem?

Assassinated the same year that Kennedy was (1963).


Do you have to claim your veterans disability on your taxes?

No Veterans service connected disability pay is not reported on your income tax return. You do receive a 1099 information form from the VA for the amount of your disability pay that youu receive during the year.