 Did you get your stimulus check to be mailed july 4th, where do you live? |
| I was wondering where those that got their checks that were to be mailed July 4th live. I live in PA and did not get it yet? I also got the letter saying I would get it by the 5th, but I was not ... |
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 Can you share turbo tax? |
| say you have a sibling too cheap to buy it .. can you share it without messing up my own taxes??... |
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 I am supporting my permanently disabled brother. Can I deduct any of these costs (rent,util,meds,etc)? |
| I know I can claim him as a dependent. But can I also deduct some of his expenses that I pay? His only income is social security disability, amounting to $700 per month. I chip in about $2300 per ... |
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 If u earned $524 last year do u have to pay em or will u get all ur money back?? |
| I need to know because i am only 17 and i only worked for months and wendys got paid biweekly...anywayz i really need to know because what i get back from taxes is going on my fiances apartment which ... |
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 Will I get the new refund everyone is talking about? |
| My parents still claim me as a dependent, but I've been filing my taxes for about 7 years now. I know I'll get my regular refund, but what about that extra $600-$1200 that was just approved ... |
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 I'm confused about the stimulus direct deposits---I used turbotax to do my taxes..? |
| I used turbotax to do my taxes but paid the fees with my debit card..does this mean i'm waiting for a check instead of a direct deposit?... |
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 Federal Income Tax Forms? and state income tax forms? |
| Where do I go to get a federal income tax form and a state income tax form?! Can i go into a H&R Block and get one and do i pay for them?!!... |
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 I had half of our stimulus check direct deposited.. where's the rest? |
| My wife and I filed as "Married filing jointly", but I received only 600.00 direct deposited to the same account that the tax refund went to. Where's the other half? We both made ... |
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 Stimulus check????? |
| Has anyone received their Stimulus check yet????... |
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 What did you spend you tax rebate on, or do you plan to spend it on? |
I am planning on using mine for the completion of my wedding plans.
My fiance got some bills caught up and out of the way.
Just curious what everyone else is doing. = )... |
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 If I owe back child support, when my new wife and I file our taxes, will they take her refund?? |
| I owe Back support, and last year when i filed, my refund was sent to my babys mom, i was single then, but now i have a wife, and we dont know what will happen with her refund when we file.... |
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 How can I claim more benefit? |
| I'm already claiming unemployment benefit, jobseekers allowance, tax credits and child benefit for each of my nine children. As Gordon is not shy about dishing out billions of taxpayers money ... |
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 Did anyone get their tax stimulus payment yet? |
| It is May 2nd, did the government do their part in sending the direct deposit payment today?... |
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 Why does the IRS site say "We are sorry. Specific information about your Stimulus payment is not available. |
| I know I may have to wait for a paper check because I filed using Turbo tax. Even if I did have Direct Deposit withem I still will get a paper check but why does the IRS website have no info? This is ... |
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 Can I claim my unemployed roommate on my taxes? |
| My roommate is telling me I should claim her on my taxes because she hasn't made much money in 2007. She worked for maybe 4-6 months of the year. Is it possible to claim her and how would that ... |
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Goat Whacker | Are Old Age Pensions in the Uk taxable? |
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suerye
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A lot of very uninformed answers here!
All pensions in the UK are taxable, whether from the State or from previous employers. |
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certaxrugby
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suerye is right.
The state pension is taxable income, like any other pension. You also pay tax on carers allowance.
What may confuse some people is that generally the state pension is paid without any deduction of tax under PAYE because it is so woefully low.
However if you have another pension (e.g. occupational pension) from elsewhere you have to pay higher tax on that because your annual personal allowance will be used up by the state pension.
Benefits you will not pay tax on:
Pension Credit
Housing Benefit and Council Tax Benefit
Budgeting Loans
Crisis Loans
Community Care Grant
Attendance Allowance
War Disablement Pension or War Widow(er)'s Pension
Winter Fuel Payments
Cold Weather Payments
Disabled Facilities Grant and help with home repairs and improvements given by local authorities
Funeral Payments
Bereavement Payments
Child Benefit
Child Tax Credit
Working Tax Credit |
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Chelsey L
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yeh they are taxed, everything is.... i jus asked my nan |
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steffi
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State pension is taxable income, but there is no system in place to be able to deduct tax at source from it. If you have other earned income, either a works pension or wage, your code number is restricted by the amount of the state pension, and all tax paid through the other income. You do get the tax-free personal allowance, and that is higher when you are over the age of 65.
Anyone who has a state pension over the amount of the personal allowance (and yes, there are some) has to complete a self- assessment Tax Return, and pay the tax in lump sums. Before self-assessment, the Revenue used to do what was called DP assessments on state pensioners, who had to pay the tax on four equal amounts, usually with a month or so in-between payments. |
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Al Zymer
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Ignore the idiots who gave the thumbs down to earlier answers. As a pensioner, with a company pension, also, I can answer for certain. You have a tax-free allowance, just the same as you do when working. When you exceed the allowance,(this includes your State Pension), you start to pay tax. If you only have the State Pension, then you will not have enough income to pay tax. If you do have other income, and it pushes you into a tax liable position, the tax amount due is set against the tax-free allowance figure. The State Pension is always paid without tax deduction. |
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Veronica Alicia
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My Married Woman's State Pension (I think it's around £60 p.w.) isn't taxed, but because I worked and have a private Pension from my ex-employer, that pushes the two joint incomes into a tax bracket. |
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Bren
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state pension no but private pensions yes. |
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Maid Angela
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The pension is not taxable but it does count as income and can affect your overall tax position |
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girl afraid
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State pensions aren't but I believe private pensions may be. |
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Nick P
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Government says that they are not taxable but they still form part of your income ( the lowest part so to speak) and if you have other income the old age pension may push that into the taxable bracket.
So stricly true but actually it's typical government bulls*it
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gingerangel
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State pensions aren't.
However if you have a private pension too and your income is above a certain amount you will get taxed.
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Choirgirl Hotel
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Do you mean a state pension? If so then no, they are certainly not taxable.
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