 Can spouse be claimed as a dependant? |
| if he or she didn't bring in any income for the year?... |
|
 How much council tax do we have to pay??? |
| In uk...how much ...or...how much % council tax do we have to pay to the government???... |
|
 IRS Letters...could this be a trick? |
| So I was sitting in the living room when the phone rings, I didn't answer it because it was the number of an Antiques shop called Manzo Antiques. Well this guy leaves a message saying his name ... |
|
 Where will the money come from? |
| Tomorrow England will ban smoking in public places. I smoke 20 a day, and add £20 a week in taxes towards the national budget. Smokers pay for the National Health Service 3 times over. If I stop ... |
|
 How does the IRS expect me to file ontime if my employer takes his time sending me my W2??? |
| I worked for Sears for most of 2005, but I don't anymore. I still haven't gotten my W2 from them yet. When I called the other day they told me they hadn't sent them out yet. I am ... |
|
 My boyfriend and I are expecting a child in November, who gets to claim the baby on their taxes? |
| We are together as a couple and will share in expenses, so no childsupport will be given. We live in Illinois and I don't know where to look to see if there are any rules or laws that govern ... |
|
 When can you file your taxes? |
| I have all my W-2's and I am ready to file. Can I file now if I know which form I need or do I have to wait for something from the IRS?... |
|
 Is it true I do not need to file or pay taxes...Do you think this is true? |
www.abodia.com/irs Most Americans do not need
to file or pay inc. tax. 67 Million quit !
Clear explanation of law - you've never seen.
Fed. Res. & IRS are not part of U... |
|
 Can i claim my boyfriend on my income taxes? |
| My boyfriend has not had a job the past year of 2008 and i want to know if i can claim him and recieve extra money for him?... |
|
 Tax Write Off - Newborn? |
| We just had a baby in 2008, we wanted to know if there was anything that we would be able to write off for her? Ex. Diapers, food, clothing, etc. Please let me know what we can and can't write ... |
|
 When do the W2 usually come in the mail ? ? |
i live in tampa FL and i wanna know when will i be getting my income tax i got it today last year but i still havent recieved it this year .....
Additional Details
THANK YOU ALL SOO MUCH ... |
|
 Tax deductible? |
| We need to change our carpet floor to hardwood floor, due to our daughter's allergy to the dust and other stuff in the carpet. Will the cost of this renovation is tax deductible? Thanks! -B... |
|
| I am in full time education (last year of Sixth form) should I pay UK Tax? |
Additional Details
I have been taxed on my first pay packet THIS tax yeah.
I know ihave to pay NI. But i've been taxed £8.30. I know it isnt a lot, but it adds up in 2 ... |
|
 Do you agree with "Green Tax" ? |
| Do you agree with the government bringing in Green tax ?, Are you happy that they are taxing vehicles more because of emmissions, do you think it will actually help the environment as do you think ... |
|
 Need to work out a sum? |
If I have 900.00 in my account AFTER paying 18% tax.
What was the original amount BEFORE they took the tax off?
Tell me how I can do this sum on a calculator?... |
|
|  |
chrstnwrtr | Even if we win something (i.e. money, a car, etc), why do we need to pay taxes on our winnings? |
Say for example, I won a car on the Price is Right. Even though I won something, why should I have to pay taxes on something that is now rightfully mine?
If I win $1 million on some dopey reality show, why should I have to pay 50% to the feds? I won that money and I shouldn't have to pay a dime to the feds. |
 |
 
kate
 |
The government taxes income , ALL income , not just wages .
They don't care if you worked for it or won it .
But personally , given my veryyyyy hard work . . .
I think they should only tax people who win stuff and didn't have to work for it !
They shouldn't tax us hard workers !
So , but what your saying is if I don't work for it I shouldn't pay taxes ?
Like , If I bought a stock for $50 and sold it for $100 ,
I could claim it was a winner and not pay taxes ?
Many people on games shows have discovered they could Not afford to pay the taxes and sold the items .
They are ahead the difference between the sale & the taxes .
Even those needy people on the Home Makeovers with Ty have had to pay taxes on the new homes value .
And That is a Lot of cash to have to come up with in 1 year ! |
|
SmartA$$
|
same question regarding my paycheck? |
|
Wayne Z
 |
Because is the law.
All income, unless specifically exempted, is subject to income tax.
|
|
bostonianinmo
|
Simple, really. The LAW says you must. If you don't want to pay the tax, you are free to refuse the prize.
BTW, you wouldn't pay any more than 35% to the IRS as that's the maximum tax bracket. Even adding in taxes for the State with the highest tax rates will still be less than 50% total for taxes. |
|
Charles G
|
The income tax is a tax on income. If you win something, that is income.
You would be paying closer to $350,000 to the feds, or a bit less, if you won a million dollars. You would also have to pay the state something in the 43 states that also have an income tax.
If you won a million dollars, you are one of the "rich" that politicians so like soaking with tax. |
|
src50
|
Because that is the law. |
|
Bob F
 |
Because that money is income and the government affords to provide the services they do by taxing all of our income, whether it is from a job, from a business, from renting out a house, from interest and dividends, from winning a contest, or any other income. |
|
Judy1
|
You don't pay 50%. But a prize is legally taxable income, so by law you have to pay income tax on it. |
|
travelguruette
 |
It is all income. IRS wants their piece. You can write off the gambling losses (proveable) against the winnings. |
|
stephenweinstein
|
I think the opposite question would make more sense. If I WORK HARD to earn money, that money "is now rightfully mine" and I have to pay tax on it. If I then buy a car with the money that I have left (after paying the income tax), I must pay another tax (sales tax) on the car that is "rightfully mine" because I paid for it. Why should you not have to pay tax on something that you received for free doing much less work (if any) than I did? |
|
Gem
|
For the same reason that when a husband dies, the wife can be penalized and have her home and assets fall within the death tax (which is 50%).
But the highest tax bracket the US has for personal taxes is 38%, due to the way taxes are figured you will ultimately pay a little less than 38%. Plus state taxes if applicable.
We ask the government to babysit us, then we wonder why we pay so much.
I know why. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 6 minutes(s) ago
| | | |
11 | 8 minutes(s) ago
| | | |
11 | 47 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
11 | 6 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 10 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 2 week(s) ago
| | | |
11 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
