If my grandmother gives my dad $10,000 as a gift each month, what will my dad have to pay in taxes? |
| My grandmother has recently discovered gas on her property, and is generously dividing her monthly EOG checks between her children. Each month, she is giving my dad (and each sibling) about $10,000. ... |
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Do i have to pay tax if i just want to sell a couple of things for profit on ebay? |
Ok, so i've bought some stuff which i thought was an absolute bargain and i want to sell it on to make a bit of profit. Do i have to pay tax on the profit i make?
This is just a one-off ... |
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What is the best software to do others taxes? |
| I recently received my tax preparation certification and I was wondering is there any software in particular that would be a good ideal to do other's taxes. In the past for friends and family, I ... |
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If my partner goes to work? |
and earns £680.00 per month and our rent is £290.00 per month plus council tax and we have a child id stay at home how much working tax credit and housing benefit could we get Additional D... |
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Will the irs withold a percentage of stimulus payment for back taxes, or will they keep the entire rebate? |
| I was told that the irs will only keep a certain percentage of my rebate due to a 2006 tax obligation.... |
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If I filed my taxes- and claimed myself- what effect will this have on my parents return? |
| For the past 21 years my Dad has always claimed me...I always e-file, (for the past 4 years) but never checked the box to claim myself- this year, I don't know if I missed it- but I filed ... |
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Are UK parking tickets tax deductible? |
Additional Details Sorry, I should have been more precise. I was talking about tickets incurred by a company's delivery fleet.... |
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Should females pay more tax than men? |
When they are single their boy friend buys the drink and picks up the tab.
Girls are not required or expected to buy expensive items like houses and cars whereas men are required to do so (... |
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I just got a 1099 form and it says $6523.50 under Nonemployee compensation? |
This one of my partime jobs that I get checks without taxes,
I've never done a 1099 before, How much taxes am I looking at paying? I read some of the other answers, some said it'... |
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Do strippers have to pay taxes? |
| My friend was a stripper and she never did her income taxes, does she have to?... |
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Will i receive a relief check if i did not make 3000 dollars last year? |
| I was away for the majority of the year in some legal trouble to say the least but i did file taxes for the little amount i earned in say a month or so of work. Will i get a check or no?... |
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Turbo tax direct deposit.......say it ain't so...........!? |
| I did my 2007 taxes thru turbo tax and e-filed. I had my fees deducted from my refund and then the rest was direct deposited into my bank account. I am hearing that if you did your taxes this way,... |
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Overpaid at work and now work wants to be repaid for their mistake? |
| I've been working at an electrical company in Texas as an apprentice for a little over a year now. The company I work for pays apprentices based on the scale of the job. I was working on a job ... |
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It's Tax time...who claims our daughter...? |
My ex and I have 50-50 custody of our daughter.
I have my own apartment, pay all the bills, food, and my daughters pre-school.
My ex lives at home with her mother and only ... |
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Can someone tell me what will happen If I report the incorrect amount of federal withholding on my tax return. |
| I mistakenly transposed a digit on the withholding section and am afriad that this will delay my return. When does the IRS receive tax withholding records my my employers for 2006? Could this ... |
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What happens if taxes have not been filed in 3 years? |
Additional Details I am assuming this will work in mine and my husband's favor. His ex-wife has not filed taxes for over 3 years, my stepson insists on living with us and I guess ... |
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JIM | Does any one even know what a 1099 int statement is ? |
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Josher
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It is a tax form that your bank would send you to show how much interest income they paid you during a given tax year. Also certain brokerage accounts and mutual funds pay interest so you might get a 1099int from them also. |
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CHERI S
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Yes. If for example you have a savings account or interest bearing checking account and the banking institution pays you interest on those deposits then they report it to the IRS and send you notice via a 1099 int. You are then required to include it on your return as income. |
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jjthinstrips
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http://www.irs.gov/instructions/i1040gi/ar01.html#d0e325
This will help with your taxes... |
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babydoll
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It shows how much interest you earned. |
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strayinma
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A form from your bank detailing the interest you earned in a year in your bank account. It's considered income; so, taxes state it must be reported. |
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Dizney
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Interest income! You pay tax on the income
Don't listen to the two people that said it's from your employer - they are really wrong! |
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Wydas M
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Yes, it is a statement from an employer that shows how much income you made. If taxes, or any other deductions were made. In other words it simply is a form similar to a W-2 |
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Kenshin
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an income statement from a instutution outside of your employer. another word like a w2 but not |
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