Do retired people over 70 have to file taxes to get the refund? |
if the only income is from SS and maybe a very little interest income
and what status would a widow use to file..with no Dependants?... |
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What is the best way to file your taxes being when you are separated from your spouse.? |
| We were togather for 4 months in 2007. She has moved out and has her own place .Our four kids live with her. We havent filed any seperation papers and still get along well. Would we have a better ... |
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Smokers only NHS? |
A few facts before you answer:
Average annual cost to the NHS on smoking related diseases in the UK is £1.7 billion
Average annual government income from tax on tobacco in the U... |
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If I filed my taxes electronically with TurboTax, how will that effect my Economic Stimulus Check? |
| I used Turbo Tax and had my tax refund direct deposited- will I receive a check in the mail or a direct deposit for my Stimulus check?... |
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Can I claim my boyfriend on my taxes? |
we have lived in the apartment since April 1,2006 we live in INDIANA
would it make a difference if I am 19 and he just turned in 25 in Dec? Additional Details I want to claim him as ... |
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My son was born january of this year will we still receive 300 for him on the stimulus check? |
| i figure probably not because we couldnt claim him on our taxes for last year but i wasnt ... |
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What are you going to buy with your stimulus check? |
| Ok yall. We've all seen all these questions and answers being posted. I've posted my fair share. But alot of us end up in heated arguements about whatever. So, instead of that. I want to ... |
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Hello america,are you ready to file taxes?? |
Additional Details did you know that you can go online now with a lot of companies and download your tax info of the w2"s... this is great,, speads it up some time...... |
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Can you go to jail for leaving things out of your tax return? |
| I have a pension I cashed and a medical study that H and R block said I would have penalties for and file as self employed.... |
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How much is sales tax???? Please help.? |
I have to pay my parents for iTunes but i deleted the receipts so I have to do .99 times how many songs but I need sales tax to add on. Additional Details How much is sales tax in Plano, ... |
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Why haven't I recieved my stimulus payment yet? |
| The last 2 of my social are 00 and i meet all the requirements to get the stimulus payment and i filed in 2006 an 2007 and i haven't recieved my payment yet my friends last two are 41 an ones is ... |
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Is my husband in trouble??? |
| last week he got a letter by mail from the irs, that he owed about $600, it senn weird, we always do our taxes. but something cought our eyes...it was from 1989...he was 6 years old at that time and ... |
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Felipe G | Do I have to pay taxes on a CD if the money invested is from a personal injury settlement? |
I recently recieved my settlement for a job related injury and would like to invest my money in a CD. Would i have to pay taxes on the interest earned on this investment? |
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acmeraven
 |
It doesn't matter where the money comes from; if you invest it and earn interest the interest is taxable. Here is a suggestion however; visit with a stockbroker and put the money into TAX EXEMPT instruments. A state bond pays interest that is not taxable by the IRS and also not taxable by the state that issues it. Example; in Montana a Board of Housing Bond is taxed by neither fed nor state and rate of interest is higher than a CD. They are usually tripple A rated and insured so civilization would collapse before anything is placed at risk. |
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Chaney Lake Girl
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Yes |
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Jo Blo
 |
yes,,
you'll get a 1099INT from the bank, you'll need to report that amount on your tax return |
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Todd S
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Of course...regardless of where the funds come from, if you're earning interest, you pay taxes. |
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Brian G
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Yes, the interest is taxable no matter where the investment money came from. |
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KirksWorld
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Yes, that instrument is a taxable income source. |
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Judy1
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You'd pay tax on the gain from any investment that you make with the money, including interest on a CD. Only the initial principal amount comes to you without being taxed. |
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bostonianinmo
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Yes. Although the award may be tax-free, any interest or dividends your earn by depositing or investing it is fully taxable. |
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Helen Scott
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Yes, you always have to pay taxes on interest. |
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Deb S
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Yes. It doesn't matter where the money came from. You always pay tax on the interest if it is enough to have to claim. |
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