A simple look at the 2007 tax chart will show you that with an adjusted gross income of $1000 you still owe $101 in federal taxes. So 40% of americans earn less than that???? I think that number is ...
not a student anymore so will have to pay it.... anyone know if there is a certain month it has to be collected by or if you can spread out payments throughout the year?...
What is the process for me to receive the $300 rebate for persons who don't file taxes but earn a minimum of $3,000 per year. Are there special forms to fill? How will they know to send the ...
I want to learn about tax...not to get a career in tax but just to understand what's on my W2 form and all the very basic stuff. I have no clue what's on my W2 form, deductions, allowance ...
I have a Green Card but don't have a SS number yet. I am starting a new job nex week. Do i need my SS number, and how long does it take to obtain one?...
Why not shut down government run education and turn things over to private industry. Give the people the tax dollars that are taken from them and let them decide how to educate their children. ...
I am 25, was 24 in 2007, and I claimed myself on my taxes. I lived completely on my own for all of 2007, paid my own car note, rent, insurance, health insurance, food, you name it. My dad said he is ...
My 16 year old sister was paid cash for babysitting for us this summer while we worked. Can I claim the $2500 we paid her as a Child Care deduction on my taxes? Also, will she have to claim the $250...
I did my taxes online yesterday and I just wanted to know generally when I can be expecting my check. My boyfriend agreed then when I get my check we can definitly get a puppy!!!!!! So needless to ...
i never had to pay any tax and that was only 6 weeks ago
Lucan
Maybe not income tax. But with a Labour government, something could easily be thought up with a fancy name in a flash to get your money off you.
Flick W
No - if you receive compensation for personal injury its currently exempt from tax
'Dr Greene'
NO. It's exempt.
Nimbus
no
Squeak
No you don't but if it is a large sum you will need to declare interest on savings & investments as your taxable income may fall into the higher rate bracket and divs and savings aren't automatically taxed at 40%.
If its a small sum no worries.
swoodleybird
No it is not liable for income tax
happysurferuk
No its not an income you dont pay tax on court awards ethier and this is essentially what it is
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