Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 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?...


 How do i work out tax and national insurance for employees?
...


 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 ...


 What does the irs do when i take 10,000 dollars from my bank accou nt?
when i file my taxes this year will there be a ...


 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...


 What happens if you do not file your taxes?
...


 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?...


 How much are you paid and hour and for what job?
I get £23. per hour as a crime duty ...


 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 ...


 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 ...


 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 ...


 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......


 Overall i take home £6144 a year, i was just wondering home much would it be before tax? Dont get a pay slip!!
...


 Why have we let the goverment tax us so heavy on fuel?
...


 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....


 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, ...


 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 ...


 Do you always get money back on taxes when you own a home?
...


 If i put &1000000 in the back and never spent any how much would i have at the end of the year?

Additional Details
Opps,,,,sorry,,,,IN THE BANK
...


 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 ...



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?
                     
 




acmeraven
Rating
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.


Chaney Lake Girl
Yes


Jo Blo
Rating
yes,,
you'll get a 1099INT from the bank, you'll need to report that amount on your tax return


Todd S
Of course...regardless of where the funds come from, if you're earning interest, you pay taxes.


Brian G
Yes, the interest is taxable no matter where the investment money came from.


KirksWorld
Yes, that instrument is a taxable income source.


Judy1
Rating
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.


bostonianinmo
Rating
Yes. Although the award may be tax-free, any interest or dividends your earn by depositing or investing it is fully taxable.


Helen Scott
Yes, you always have to pay taxes on interest.


Deb S
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.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy