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I am a pensioner and don't pay tax but tax is being deducted from my savings - is this right?
Contact the bank where your savings account is located.
They probably do not have your correct Social Security Number (SSN) on file or they do not have a signed certification of your SSN on file or there has been some clerical error. If a bank does not have a signed certification of your SSN on file, then they must withhold 28% of your interest payment for taxes.
If taxes are being withheld, be sure to file a tax return even if you are not required to. That is the only way to get a refund of the taxes that were withheld in error.
What else can I help you with?
What do you call an old Old Person?
I think it should be called MOAP which means mega old aged pensioner. I don't know if any of that is spelt right
Are savings exempt in chapter 13?
Your kidding, right?
Can collection agencies freeze your savings account?
No, collection agencies do not have any right to freeze your savings account. Only banks have the right to freeze your account but depends on the nature of the default.
What type of savings account would be appropriate for a large amount of money that you might want to use for something in the near future?
traditional savings its the right one trust me
Purchase EE savings bonds?
Go to any bank. They'll fix you right up.
When you receive a savings bond worth 100 dollars can you cash it right away?
The tradition of giving someone a savings bond as a gift has largely disappeared since all purchases must now be done electronically. As of January 1, 2012, paper savings bonds are no longer issued by the U.S. Treasury although millions of Americans still hold previously issued paper savings bonds. Typically, a savings bond cannot be cashed in shortly after purchase. For example, a purchaser of the I or EE Savings Bonds must hold the bond for one year before being allowed to cash it in and an early redemption penalty applies if redeemed before 5 years.
What is a retirement age for US citizens?
Right now, you can receive social security benefits at age 62. But the younger the age, the more percentage is deducted from the retirement benefits.
What is a type of depository institution that offers at least one type of savings account?
1 answer right now
If you borrowed money from a parent in Georgia by law can they require you to repay it to their estate or have it deducted from your inheritance?
Yes, it can be considered a draw against the estate and the estate has the right to ask for the money back.
How can I plan for retirement savings before I turn 30?
You should go visit your bank and talk to a banker so you can plan for retirement savings when you are very young.They will be able to help you thoroughly and get you on the right track.
are there any coupons that are for Winn Dixie?
By accessing the Winn-Dixie website you can find a link to the weekly ad with all of the nationwide savings. If you sign up for their weekly emails you can get savings sent right to your inbox.
What is the time in Ontario Canada Right Now?
at the moment it is 10:11AM because we are still on daylight savings time.
