I want to personally set aside a few dollars and give the stock market a try, but I have absolutely no idea how it works, or where to start? Does it have anything to do with Mutual Funds?
I ...
Having just recently had a son my husband and I would really love to start him some sort of education fund. However, with the stock market in a slump if you will, we are not really sure what we ...
Ford's market cap is 16.39 billion, GM's is 11.39 billion. This is relatively recent, in October of 2007, GM was worth much more. It also has a 5% dividend yield while Ford has none. I ...
I tried to do it but they said that you have to be 18 for it (and I do not want to wait!) I got my parents' permission for it and everything but I sitll don't know how do set up the ...
Will I lose my shares? I've invested in a penny stock when it was .95. It's been slowly rising the last year and is now at $2. Does anything happen to a stock once it leaves penny stocks ...
Honestly, I have NO idea what I might be getting myself into, but I'm looking to start doing a little investing. I'm 20 years old and don't really have much money right now, only what ...
Is it possible to pay taxes if you didn't make a penny?
Additional Details i traded with 5000 dollars
and had to file even though the bottom line was a loos
and the taxes came out nothing on
taxact but on the state return it said i owe five bucks
how??
You may still have to pay taxes if you bartered, i.e. traded a service for something of value. search through the IRS FAQs. www.irs.gov/faqs Hope this helps.
stumble_bee
No chance - $5000.00 is the standard deduction for a single person plus $3200.00 claiming yourself = $8200.00. So as long as you did not make more than $8200.00 you will not pay taxes.
fcas80
Do you mean, "If I don't have a job?"
How about bank interest, or some other kind of investment income?
KiNG⋆LATiNO
Hmm no. In order for there to be tax, there must be an income.
hence: Taxable Income.
andy_la
There is a min, that you have to make to pay taxes...it's like 3 grand
://m3nacing one
first, how old are you?
jared
Yes, you can declare an amount and pay taxes on that amount.
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