 Can you deduct interest paid on an car loan from your taxes? |
| My brother is able to deduct the interest he pays on his farm equipment, and I'm able to deduct the interest I pay on a student loan... so I was wondering if anyone knows if it's possible (... |
|
 Just curious!! I have a friend that has only worked 1 month at a job making about $8.00hr then got fired.? |
| She hasn't worked anywhere else before or after. We live in PA----Now that tax times coming she's bragging about that she'll get about $7000 to 8000 back from taxes because she got 3 ... |
|
 I've just had my first wage slip, but i've payed no tax what so ever. why is this? |
I haven't even payed National Insurance or anything. What do i do?
Additional Details
£5.60 an hour.
16 hours per week.
I have only worked here for 3 weeks and get ... |
|
 How or where do I find out my tax code? |
| If I was still in employmment I should be able to get this easily but I have left my employment for a considerable time but now need this tax code. Can anyone help please?... |
|
 Expecting 6k in tax return & want to not spend, but save. What would be the best thing to do with my return? |
I'm 40yrs. old, single mom w/2 kids, hardly any savings & rent an apt.
I really want to use my tax refund wisely; the only debt that I have is my car payment.... |
|
 Why should I have to pay Social Security taxes when I know I wont get the benefits? |
| Im 23 years old and pay over a hundred dollars per paycheck towards social security. The program is doomed and theres no way I will get a check every month when I retire so why should I be forced to ... |
|
 Has anyone gotten their stimulus check yet? |
| I had direct deposit and the last two digits of my social is 01. I am single with 0 dependants. I heard it was suppose to start early on Monday and should be done by Friday.....but it's Friday ... |
|
 Stimulus Payment? |
| Someone told me that the direct deposit tax refund regardless of their ss# will all get them by 5/2 yet I went to IRS site and went through the "Where is my Stimulus Payment" and it said We ... |
|
 Will IT Dept be able to track down my interest income frm FDs even if I don't disclose it while filing return? |
I have several fixed deposit accounts with State Bank of India, where I have declared my PAN number.
Now while filing my income tax return at the end of the financial year if I don't ... |
|
 Can my future mother-in-law claim my fiance?? |
| My fiance's mother wants to claim her as a dependant on her taxes. I'm not sure if she can do that, my fiance is 22 and she made over $17,000 this year. she did live at her mothers house ... |
|
 Holiday pay help? |
If you leave a job are you entitled to the whole years holiday pay, I am sure you aren't and I am trying to prove a point. Thanks
Additional Details
sorry I am in the UK... |
|
| Do you tip your tax preparer? |
| Instead of doing my taxes myself, for my first time I went to an H&R Block office. I was truly grateful for the assistance the tax preparer gave me. She was extremely helpful, and even held the ... |
|
|  |
Srgb | Can anyone be employed and self-employed at the same time? |
|
 |
 
firebobby
 |
Should think so.The employer will deduct the necessary from your wages, whilst your self employed earnings will go through your accounts. |
|
snowsuit
 |
Yes. My brother in law is self employed as an attorney and also employed by a auction company. |
|
ali_0809
|
Yeah, if you run your own business (for example in the evenings or weekends) as well as being employed by a company during the week. |
|
spook542
|
Yes.
As long as you are declaring both sets of income on your tax return.
You'll be on PAYE on your employed job but have to do a tax return for your self employed thing. Both sets of income will have to go on the tax return. They take into account the tax you have paid through PAYE |
|
KT
|
Yes people can be both employed and self-employed at the same time. |
|
steffi
|
Yes, you can be, but you can't decide what status you will be at a certain source of income, as criteria have to be met. Just because you are, say, self-employed at one source of income doesn't mean to say you will be at another source. If you are in any doubt, you can contact the Status Inspector via your local tax office. |
|
Mr.Olivera
|
yep my father works for someone and at the same time he has his own company so i believe that it can be done. :-) |
|
pearldaisy
|
Yes, when Inland Revenue sends your self-assessment forms (presuming you're in UK), for your employed income, you ask them to send you pages for your self-employed income too.
However, remember, they've brought in some law now where you have to declare yourself as self-employed within a certain time of becoming so or they fine you £100 or somesuch. |
|
Fauna
 |
Yes, two different jobs. |
|
gosain
 |
Yes . Self employed by day & employed at the night (at the home with family). The first is Taxable by the country . The next by the ......???????? |
|
*KGB*
 |
yeas but you will be stealing the tax payers money !! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 30 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 2 week(s) ago
| | | |
11 | 1 month(s) ago
| | | |
11 | 4 month(s) ago
| | | |
11 | 7 month(s) ago
| | | |
10 | 10 month(s) ago
| | | |
11 | 13 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
