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Taxes Questions
 
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How is it possible to be taxed more than the principal
How is it possible to be taxed more than the principal

I inherited 40,000 dollars and the end report is that i owe a tax of 60,000 for tax on the inheritance?

Open | Answered 2 hours ago by Reader | Category: Taxes | 8 Views | Answer Question Now
What is tax form 1090?
What is tax form 1090?

Open | Answered 3 hours ago by Reader | Category: Filing Taxes | 6 Views | Answer Question Now
Need copy of form number 941 employer's quarterly federal tax return
Need copy of form number 941 employer's quarterly federal tax return

Need copy of form 941

Open | Answered 3 hours ago by Reader | Category: Taxes | 5 Views | Answer Question Now
What is the form that I need to feel out to get the IRS to release information to me about my dads' ( who is deceased) tax information?
What is the form that I need to feel out to get the IRS to release information to me about my dads' ( who is deceased) tax in...

I am the administraix of my dad's estate account and the IRS is sending statement stating that he owe money, and the statements do not show what he has paid. I know that he was paying on his debts to the IRS...

Open | Answered 3 hours ago by Reader | Category: Taxes | 6 Views | Answer Question Now
What are self employed tax deduction?
What are self employed tax deduction?

Open | Asked 9 hours ago by SnackBar872 | Category: Filing Taxes | 1 View | Answer Question Now
Need form 941
Need form 941

Need copy of form 941

Open | Answered 10 hours ago by modough | Category: Taxes | 11 Views | Answer Question Now
New York Sales Tax on items being exported to Canada
New York Sales Tax on items being exported to Canada

Can I apply for a refund on New York State Sales Tax paid on an item purchased in New York State and taken back to Canada.

Open | Asked 12 hours ago by Clincher547 | Category: Taxes | 0 Views | Answer Question Now
How do you fill in an i-601 form?
How do you fill in an i-601 form?

Open | Asked 16 hours ago by MAN671 | Category: Filing Taxes | 1 View | Answer Question Now
401K reduction of wages
401K reduction of wages

Question: In the past the 401K contribution reduced all taxable wages dollar for dollar except OASDI and FICA. Is this still the correct statement. Thank You Geoff Rabjohn

Open | Answered 18 hours ago by mactiti | Category: 401k | 278 Views | Answer Question Now
When is an Inter vivos trust considered to be funded?
When is an Inter vivos trust considered to be funded?

When is an Inter vivos trust considered to be funded?

Open | Asked 20 hours ago by Macrotus789 | Category: Taxes | 1 View | Answer Question Now
What is carried interest?
What is carried interest?

Open | Asked 1 day ago by Pizzeria719 | Category: Filing Taxes | 0 Views | Answer Question Now
Should the middle man collect sales tax?
Should the middle man collect sales tax?

If I have a company to make a product for me and I pay them sales tax, do I in tern collect sales tax when I sell to a retailer?

Open | Answered 1 day ago by annab47 | Category: Taxes | 108 Views | Answer Question Now
Can you cash out a pension plan?
Can you cash out a pension plan?

Open | Asked 1 day ago by CebuCity692 | Category: Filing Taxes | 0 Views | Answer Question Now
My ex husband owes back child support. He recieved a letter stating i will get his income tax refund. I recieved the state check.
My ex husband owes back child support. He recieved a letter stating i will get his income tax refund. I recieved the state ch...

My ex husband owes back child support. He recieved a letter stating i will get his income tax refund. I recieved the state check. When will i get his Federal? He filed in March it is now November? DHR cannot tell...

Open | Answered 1 day ago by brobbins | Category: Taxes | 13 Views | Answer Question Now
When and how to use tax shield?
When and how to use tax shield?

Open | Asked 1 day ago by Aposelene824 | Category: Filing Taxes | 0 Views | Answer Question Now
401k
401k

We borrowed against our 401K a few years ago and are making monthly payments back into the account. We would like to stop payments what do we need to do and what happens next?

Open | Answered 1 day ago by darlemull | Category: 401k | 118 Views | Answer Question Now
401k laws
401k laws

How long does an employer have to deposit 401k dollars from you check into your 401k plan? are there any penalties?

Open | Answered 1 day ago by darlemull | Category: 401k | 432 Views | Answer Question Now
How do i stop someone from claiming my daughter on their tax return.
How do i stop someone from claiming my daughter on their tax return.

she lives in texas with me, and her father lives in PA. she's never lived with him. he automatically claims her on his tax return for the last couple of yrs.

Open | Answered 1 day ago by davido84 | Category: Dependents | 10 Views | Answer Question Now
I am 66 years old and living and working in FL. My question is this: If I withdrawal funds now will I be penalized?
I am 66 years old and living and working in FL. My question is this: If I withdrawal funds now will I be penalized?

Though I am beyond retirement age and still working, will I be penalized for any type of withdrawal i.e. loan, et al?

Open | Answered 1 day ago by Reader | Category: 401k | 7 Views | Answer Question Now
Where is my stimulus check
Where is my stimulus check

Where is my stimulus check ssn ending 83 its was supposed to be mailed on 7/5/2008?

Open | Answered 1 day ago by Reader | Category: Taxes | 132 Views | Answer Question Now
How can I find out if my Church already has a 501 (c)?
How can I find out if my Church already has a 501 (c)?

I recently took over the books for my Church and we are trying to set up College Funds for children of a family that have gone to Cambodia as missionaries and they are requesting a 501 (c) form from us and we can't...

Open | Asked 2 days ago by Copolymer135 | Category: Taxes | 2 Views | Answer Question Now
Can alimony income be used to pay into an IRA
Can alimony income be used to pay into an IRA

Can alimony be use to make contributions to an IRA if the alimony is the only source of income

Open | Answered 2 days ago by Reader | Category: Taxes | 6 Views | Answer Question Now
What is ny oasdi ee?
What is ny oasdi ee?

Open | Asked 2 days ago by Womanlike375 | Category: Filing Taxes | 0 Views | Answer Question Now
How much tax do you pay or owe?
How much tax do you pay or owe?

Open | Asked 2 days ago by Amnios492 | Category: Filing Taxes | 2 Views | Answer Question Now
What is cema?
What is cema?

Open | Asked 2 days ago by Calabash451 | Category: Filing Taxes | 3 Views | Answer Question Now
Will life insurance benefits paid to me effect earned income credits and will they(insur.proceeds) be taxable
Will life insurance benefits paid to me effect earned income credits and will they(insur.proceeds) be taxable

I live in NC and recieved life insurance benefits from mothers death last month..will they be taxed even though they are inheritance and will it prevent me from recieving earned income credit and refund i usaully...

Open | Answered 2 days ago by mactiti | Category: Taxes | 9 Views | Answer Question Now
What is a form 941 used for?
What is a form 941 used for?

Open | Answered 2 days ago by Corvus569 | Category: Filing Taxes | 10 Views | Answer Question Now
Paycheck
Paycheck

How much percentage do they take out of a weekly paycheck if the gross is 543.60 weekly how much of income tax is taking out

Open | Asked 2 days ago by Corvus569 | Category: Taxes | 6 Views | Answer Question Now
What is a tax deduction?
What is a tax deduction?

Open | Answered 2 days ago by dsqueenmom | Category: Filing Taxes | 7 Views | Answer Question Now
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