 If I Inherited a house (paid $0 for it), and sold it 20yrs later for $15M, what will I pay in taxes?Fed/NY/NYC |
The house has been in my family for two generations (I don't know if that makes a difference).
Any guidance would be greatly appreciated, and if I missed any "key info" ... |
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 WHY does my mother have to pay tax on my late father's pension? |
| when he was alive he worked 42 years with British Gas and paid all his taxes, my mother is in fact getting taxed on money my father had already been taxed on. and why does my ex wife pay no tax on ... |
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 I cashed out on a small 401K from a diffrent employer and all I got was a check 1700.. Out of 5400 in.. Why? |
| I worked in a small company a few years ago and I had a 401K plan that I forgot about. I decided to cash out since I am well with my company that I am at now. I had 5400 in my 401K and I received a ... |
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 HELP PLEASE! WHY did my husband and I only get 600 dollars for our tax rebate/stimulus?? |
| We were both self employed in 2007 and paid several thousand in taxes. We got our rebate check yesterday FINALLY and it was only for 600 dollars for the both of us. EVERYONE else we know got 1200 per ... |
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 W2 Form handed to me? |
So, my employer just handed me my W2 form. Ive never done taxes before. What do I do with it?
Simply put, how do I file my taxes? and how does the W2 help?... |
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 How Quickly Are Stimulus Checks Coming? |
| Well, I thought we were going to get direct deposit way early since we got our refund direct deposited, BUT since we used a online tax service, we were not eligible (No one ever told us that so we ... |
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 Could the IRS tax me? |
| if i bought a ball at walmart for 1$, and then became a famous baseball player, and sold the ball to some fan for 1million? Would they tax the 1 million?... |
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| Can someone tell me if its true that if you make more money less get back in taxes? |
| Someone told my husband bout that he wasnt sure if its true or not. Because he don,t know he can find out his friend does his taxes.... |
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 Do Native Indians pay taxes? |
| Do Native Indians who live in reservation pay taxes? what about those who don't live?... |
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 Can I write these things off on my taxes? |
| I'm an independent contractor at a local gym (as a cycling instructor). I teach both freestyle classes as well as those from the company Les Mills. I purchase my own music in addition to the ... |
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 Why do Americans have to pay a federal income tax on wages? |
| There is no law that states that Americans are required to by law to pay taxes for their wages, but why do we pay them? To my understanding the income generated from paying taxes on our wages go to a ... |
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 Rs. 840000/- per annum? |
| please let me know about my tax deduction and how much i saved ... |
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tom/one | Everyone in my household got a letter from the irs saying they will be getting their stimulus check why not me |
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Richard M
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The order in which these letters go out is not clear. I haven't received mine either. Perhaps it's by social security number or some other methodology besides zip code which would explain why you didn't get yours.
Also, these initial letters are based on 2006 federal income tax filings. Did you file in 2006? (Not to worry - the rebates themselves are based on 2007 filings.) |
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bostonianinmo
 |
No way to say.
Have you filed a 2007 tax return? You must file a return to get a rebate check. And you must have more than $3,000 in qualifying income to get any rebate payments.
Are you claimed as a dependent? If so, you're not eligible at all.
And maybe you're going to get something but just have not received the letter yet. |
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Veritas et Aequitas ()
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Are you claimed by someone? |
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tlc
 |
It's from the government - give it time. I haven't received anything yet, either. |
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chatsplas
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NOT enough info.
Probably because you're a dependent on some one else's return?
Perhaps you didn't earn enough income during 2007?
check it out at irs.gov |
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Ms.MojoRisin
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You don't give much info here, so it's kind of hard to answer your question intelligently. |
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zorbay2
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call IRS 1800 early in the morning you have to file 2007 my be
you can file on line and you get you refund 9-14 days or stop by irs office in your area we have one on route one |
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Chief70
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Did you file at tax return for 2007? That is suppose to
result in getting a letter. According to
IRS.gov site, the letters should be mailed starting in May.
Details are at:http://www.irs.gov/irs/article/0,,id=177937,00.html |
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Brian J
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Are you sure these letters are actually from the IRS? Or are those scam letters your family has received?
If the letters are real, the IRS indicates that the mailings by the IRS will begin the first week in March and continue throughout the month.
So, just wait a couple of weeks. |
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