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 Is money used to build a home tax deductable ?

Additional Details
I have a 3500 taxable event that I need to get around paying taxes on. I was wondering what I could do to off shoot the taxes. I know home improvements are ...


 What state do I file my taxes with?
I've recently moved from California to Illinois but am still working for the same California-based company out of my home. I am unsure where I will file my state taxes when tax time rolls ...


 When do i have to pay sales tax buying online and when do i not to?
...


 Can i get my benefits if i move to spain?
i'm on incapasity benefit at the long-term rate with age related topup i also have 4 children and receave tax credits and DLA can i still claim these if i go to ...


 Anyone receive paper stimulus check today May 22, 5/22 ss# 10 or up?

Additional Details
Received the letter on Monday saying "received by" the 23rd. Web site and 800 # for IRS say "mailed on" 23rd. Have seen others in my group (and in ...


 My payment plan came in the mail for my stimulus check and it says we'll get $600?
We are married and should get $1200. Anyone know anything about this?...


 Sent letter to council?
i sent letter to my council with an offer letter for council tax arrears, they cashed my cheque last week but they havent wrote back to me after i asked them to write and confirm whether they were in ...


 Should I recieve a P60?
My boss says that because I only work 10 and 1/2 hours a week, he dosn't have to give me one, but I have always had one in the past from other employers, doing the same hours. I have had to send ...


 Am i missing something? Why do people think this is complicated?
This is my first year not having mommy and daddy do my taxes haha... and.. i cant believe how easy it is.

I just went on turbotax.com and did the free version.. and bam.. 10 minutes later ...


 If my parents claimed me on taxes, but i filed tax returns for work, will i still get money form the irs?
...


 Stimulus????
The last five of my ssn are 05. I used h&r block to file my taxes and got the refund directly depositied. I also got the fees taken out of my refund. I just contacted H&R block and they told ...


 What do you plan on doing with your rebate money???

Additional Details
I am paying a couple of bills and then I am spending some on myself and my husband since we dont ever get to buy anything for ourself....


 If someone wants to deposit a large sum of money into my account as a gift, will i have to pay taxes on it, or
the gifter(the one who deposit the money in my account?)...


 If i buy shares with a bank loan, can i offset the interest paid as a loss when i do my tax return?....?
...


 I'LL KEEP IT SHORT:: My husband's currently receiving unemployment, but he just got his old job back..........
Will EDD find out that he is working there again, that they hired him back? Or can we keep getting benefits at least for another month? (He was out of work for a while and we are behind on EVERYTHING ...


 Does one have to pay taxes as an independent contractor?
my friend made $50,000 in 2005 and over $100,000 in 2006 so far as an independent contractor (1099-misc). she did not file for 2005 income and believes she can get away with not paying as much as she ...


 Why am i having to pay?
why do i owe the IRS when most people receive money? its only a couple or a few dollars but.........? last year and before that i didnt pay, i received. im still very new to this and dont quite ...


 I have a question about taxes, How much money would a college student excepect to get back?
I make about 10,000 a year if that. Does anyone know how much about I'll get back. Will it be all of what I put in or just part. Do my parents have to file me under them still so I'm ...


 Will i get a rebate check if i never recieved notice of one????
i never recieved a notice from the IRS when they sent them out notifing people to expect them. i meet all qualifications and according to the online calculator i will recieve one. why didnt i ...


 If my purchase price is $9.30 how do I add the 5.60% sales tax to that? ?
( I suck at math, btw...)...



amp
Do we have to pay our income tax?
                     
 




Wayne Z
You really don't HAVE to pay.

Just keep in mind, there are consequences if you don't.

Wage Garnishments
Property Seizures
and...in some cases...Jail.


NGC6205
Rating
Yes. It is the law.


65% water
Rating
If it were optional do you think anyone would pay? Put it another way - of course we have to pay it. They put you in jail if you don't.


~girlfriday~
Rating
Yep.


thacoconut
Rating
You don't have to...just ask Wesley Snipes....Oh wait, maybe you do have to because he just received 3 years in jail for 3 years of tax evasion...so I guess it appears that you do have to do them....what a bummer


Makotto
Yes. No matter what people tell you, you will have to pay income tax.


Loving mother
If you don't pay you are subject to paying interest on the money owed and facing a year in prison for every year you don't pay the taxes. Don't mess with Uncle Sam pay up. Check the irs.gov website fro minimum threshold requiring declaration of taxes. If you make less than this amount you are not required to pay any taxes. It's around 6000 a year.


emma s
Rating
Yes we do, but that is why we get money at the end of the year. Ither you get money back from the Govt. or you have to pay it all back.


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