 Parents Tax Question? |
My dad has just moved into a senior home and I was covering his costs for a couple of months. My mom passed a way while the house was in escrow.
He received the proceeds from the house sale and ... |
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 Can I take Childs Tuition off my taxes? |
My son goes to a private school and I was wondering if the education is tax deductable. Its a Catholic School. I know college can be deducted....
Additional Details
He is in Preschool ... |
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 Why in India the Budget never helps a common men? that too Salaried sector? |
Why in India Budget gives "soft" corner to Industralists, Businessmen. Why its always a burden pass on the common community the 'end user' who always suffer in every budget.
I... |
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 How do I report tips when my employer does not deduct taxes from tips from my paycheck? |
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 I don't understand the "Head of Household" option on W-4? |
| I guess I always thought that whichever spouse made the highest income was automatically deemed as Head of Household...but maybe it's really for unmarried people only? Hmmm...I know it's ... |
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| the only people getting their direct deposit stimulus payments early are the ones who normally wouldn't file a tax return every year. those of us who file every year are still not going to get ... |
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 How much of a tax return will we get with 3 kids, making like 50k this year? |
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just a ball park amount- we live in OKlahoma, we are military- it doesnt have to be an exact amount- just a quick figure.... |
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 If you cash out your 401K and taxes were taken before you received your cash out, how do you file this with IR? |
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 On parole and have an IRS audit that cannot prove? |
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 My Mother got her stimulus chech on saturday.? |
It was a total of 600.00 her last to of her ss# is 07 so checks are coming. Has anyone else gotten theres already? I am expecting mine soon cause the last 2 of mine are 11.
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 If my gross pay pa is £35000 (UK) and my personal allowance is £6000, will I have to pay 40% income tax? |
| The HM Revenue site states 40% tax on income of over £34,800, but it is not clear if this is nett of personal allowance. Thus if my pa is £6000 my taxable pay is £29000, or does it mean 40% is ... |
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 I dont understand why I'm only receiving $600 in my stimulus? |
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 Inland reveue sent bill for £7000 but im not self-employed? |
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leb727 | Are overseas lottery winings taxable in the U. S.? |
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Bello
 |
No.
overseas lotterys are illegal in the U. S.
It is a scam.
You cannot have an international lottery as the gambling laws differ in every country.
The scammers say it is "International" so as to cover every country.
If you want to check a email you think might be a scam go to www.scamomatic.com
Lotterys work like this:
1)10,000 people pay 1 dollar/euro/pound/yen....etc
The lottery company now has 10,000
2) the lottery company holds a draw and gives out 7,000 in winnings (and keeps the profit 3,000)
Scams work like this:
-1)nobody pays money (there is no money to win)
0)a scammer sends out 10,000 spam emails to tell people they have won a lottery they havn't entered.(they pretend they work for real lottery websites)
2)The Scammer asks for your Personal details (be prepared! your inbox is going to be full of emails asking for you personally...and dont get me started on what they are gonna do with your Bank details!)
3)The scammer tells you that you have to pay fees before you can accept the "winnings" (and NO,you cant pay out of the winnings! they dont exist!....silly maga)
4)The scammer manages to con 3 people out of 1000 and gives all his profits to a charity for orphaned goats (he dosn't really...he keeps it ;) )
5)Your inbox gets more mails than help@microsoft.com
Everything from "You have won anotther sooperdooperlottry" to "CHAN U B A NEXT OF KIN" to "Please join our company,cash our checks,send us the money until your bank realises you are laundering money for us?)
The moral of the story is...If it sounds too good to be true... It probably is
havea look at www.fraudwatchers.org |
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Mathew
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If you are a US citizen the answer is yes! If not the answer is maybe depending information you have not provided. |
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waggy_33
 |
yes you are taxable on your worldwide income |
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lishamarie3
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i don't know i keep playin the German lotto but if i win I'm not saying anything(lol) I don't know if i did win i would ask a lawyer you know just to be on the safe side. Don't want to piss Uncle Sam off he'll put you straight in the big house if you don't give him his cut. I'm pretty sure you do though. You know how the US government is they always want your money! |
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kattz1111
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of course it is uncle sam always wants your money!!!!!!!!!!!!! |
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kramerdnewf
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yes. Only non taxable situation is if you have long term earnings overseas. |
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mart1gon
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of course it is your money is also uncle Sam's monies and uncle Sam's monies is uncle Sam's monies |
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Kenshin
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yes, it's your income right?
If you pay tax to other country then you get at "feign tax credit" in your income tax return to off set tax you pay in the US. |
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Celeste
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International lotteries are illegal in the U. S. You would've had to have lived or visited there to make it legal. |
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