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

 Income tax question!?
The papers say that my ex gets to claim my son every other year on taxes and this was his year and he's already filed but he's never paid child support. Is it legal to claim him as a ...


 I just received a letter that i owe taxes 2006, i haven't replied yet, will they take my 2007 taxes?
when i filed my taxes in 2006, i filed before i recieved paper work from my 401k where i had revieved money, anyway i have till beginning on february to respond. Will they take my 2007 taxes....


 Stimulus package check question?
i think i had my tax return sent direct deposite.. but i moved to a new state and closed that bank account. NOW WHAT?...


 If i work 12 hours a week at 6.50 an hour 3 days a week, 4 hours a day can i still get houseing & concile tax?
...


 What is Stamp Duty on a house?
If I buy a house at £150,000 what will I have to pay, and does it come out as a seperate bill or is it included in the price of the house?

Thanks for any help....


 I got a letter from the IRS on the 19th stating I "can expect to receive payment by 5/23/08" of stimulus money
But, it is already the 24th and I don't have it. Did anyone else get the same letter? Did you get your check on the 23rd? Thanks.
Additional Details
I put the phrase it quotes ...


 How can i keep track of my donations for tax purpose?
I am a working US citizen and would like to know how to deduce tax through donation. How will i keep track of it & calculate it....


 Why is it classed as FRAUD if we were to take back money from the government but TAX on earnings isn't?
Nor when they TAKE or blatantly rob from us?
Additional Details
Irony is all again I see....


 Taxpayers of the USA, how will you be filling out your tax forms for 2008?
I was thinking of writing across the front something like, "We will not be paying taxes this year as we are filing for bailout status."
Think that'll fly........ if so, where.........


 Can IRS tell me if my STIMULUS CHECK has been mailed?
If I call the hotline can they tell me if its been mailed?
Additional Details
DONT TELL ME TO LOOK ON SITE I ALREADY DID I JUST WANT TO KNOW IF THEY CAN TELL ME IF IT HAS BEEN MAILED OR N...


 I filed an extension for my taxes, will i still get my stimulus check in May?
...


 How long after getting a job are your W2's recorded by the government?
...


 Owe back taxes, will this work?
I received a letter from the irs stating that i owed them money- like 1100 from 2006. i didnt report my unemployment. my question is can i use a tax service like h&r block etc to file for me this ...


 If you got a tax refund as a direct deposit, then will you get the stimulation check as direct deposit as well
...


 Has everyone who was supposed to get their tax rebate check by direct deposit received it as scheduled?
We were supposed to receive ours by direct deposit May 9 according to the IRS schedule but it hasn't shown up yet. I'm curious to find out if the tax rebate checks are late in being ...


 As anyone received their paper stimulus checks? Did the IRS site give you a mailing date or an issue date?
...


 My Father died and I am beneficiary of life insurance. Do I owe IRS any tax?
...


 What is the worst that can happen if you claim someone elses dependents on your taxes?
...


 How to know the VAT before of £100?
I have a invoice total for £100 pounds incluid VAT.
so I need to know how much I pay for VAT....


 Any Tax Professionals out there?
OK, I am itemizing this year since i just purchased a home. What i need to know is, what part of my closing costs, if any can i deduct (besides taxes and interest). Also, can i deduct my medical and ...



porterstowing
Do foreigners get seven years tax free in the us?

Additional Details
I have always heard this. Done my due diligence and found it to be a farse, but still everyone I talk to insists its true. Where do I find a source dubunking this rumor?
                     
 




wartz
Rating
Farse, definitely farse.

You don't need a source to debunk a rumor, the person making the claim has to prove it's true.


chatsplas
Rating
DREAM ON!
Only if they want to be charged with tax evasion.
US taxes US citizens on all income received anywhere in world, and can tax noncitizens for income earned in US or while US resident.


Wayne Z
Look it up on snopes.com

They have a pretty good write-up on it.


Judy1
Rating
No they don't. It's a rumor that's been around for a long time, spread by people who either hate immigrants and want to get others mad at them too, or by people who are clueless.

Snopes.com addresses it.


bostonianinmo
Rating
That rumor has been around since the 1950's at least.

Just ask anyone who claims it to be true to show you in the Tax Code where it is spelled out. Of course, they can't do that because it's not there.


Steve D
Rating
This question is more complicated then yes or no - the U.S. has tax treaties with a number of foreign countries which change the tax laws for resident aliens. Generally, the resident alien must pay taxes, but for aliens from the countries with tax treaties, the answer is that it depends specifically on the tax treaty in effect.


Bob F
Rating
Nowhere close to true. The closest thing to true about it is that foreigners here on a student visa don't have to pay social security and medicare tax for their first five years. But most of them don't even know that so they end up paying anyway.

Our tax treaties with other countries does exempt some income from taxation. It is typically the first $5000. But it sort of just makes up for not being able to use the standard deduction ($5450 or more) that citizens and permanent residents do.

For you debunking source, use snopes.com, the urban myth buster site: http://www.snopes.com/business/taxes/immigrants.asp


Cindy R
Rating
i don't know if it is the same every where but in ohio it is 5 years


 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. 0.044
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy