Direct Deposit? |
We filed on January 27th electronically. The irs.gov website said our refund would be deposited feb 9th. We didn't get it. Is the website usually accurate or could their be a problem? A... |
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Are the below info. true or not, concerning the story of winning notifications, PLEASE Guide me !!!!? |
Name: THAMES BONDS
TEL.: +447045715005
+447045726461
FAX: (+44)7092870230
(+44)7005930625
Company: INLAND REVENUE BOARD UK
UNITED KINGDOM
BOARD OF... |
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Expatriate 23 years from the UK how can I claim UK benefits, what , how much? |
| I am 54 years old . I am an expatriate from the UK for 23 years never living there or working there since 23 August 1984. I now live in Philippines and I am married with Pilipino wife who only has P... |
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What do i have to do to report someone to the irs for using a child they had no permission to use? |
| my childs father did not have permission to use my child on his tax returns and he claimed my child anyways is there anyway that i can report his *** to the ... |
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How much child support should I pay? |
| I make a little over $100k in salary; my ex makes $46k. Currently. I'm paying $15k/year. She claims my daughter on her taxes. All I do is pay, tax, child support. Despite the salary, there... |
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Taxes...last year filing? |
| I didn't file taxes last year b/c I didn't make enough money. Can I file last year's income on this year's taxes?... |
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I bought a new condo in January; and now the OWNER is asking me to pay HIM property taxes...? |
| The owner said that the city hasn't assessed our individual units yet, so he paid the taxes on the entire building and now wants us to pay him back. We don't even know how he came up with ... |
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Religion and taxes question...? |
| Why aren't "religions" made to show where the money they take in is going? All those TV evangelists are multimillionaires. I would like to see the laws changed so they are forced to ... |
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How much will i get back in tax return? |
| I live my husband and my 8 yr. old son. I was the only one that worked last year. My daughter just turned 18 in April of last yr. and would like 2 know if i can receive credit for her? My total was 1,... |
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What is 49.00 plus tax? |
Additional Details and take 30% ... |
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Will I get my paper check early too? Stimulus package...? |
| Do those of us getting paper rebate checks get them early too? It says they will start sending them on May 9th but is there a schedule posted anywhere?... |
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Would I get a better tax benefit if I had a baby before the new year, after the new year or does it not matter? |
| My wife and I are having a debate and the date of birth is optional for us due to a slight complication. We have the option of having the birth late Dec (08) or early Jan (09). Which month/year of ... |
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Claiming tax back? |
| I have come over from Zimbabwe to work here, i started work in March and will be ending in Nov, will i be able to claim any tax back when i leave the UK? If so how do i go about it?... |
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Does the Obama and Biden Tax breaks come into effect right away for 2008 taxes? |
I was wondering if President Obama's tax breaks will come into effect for those filing 2008 Tax Returns.
Thank you.... |
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Under 18 Work part time in full time eduction and have been taxed? |
i know i can just go to the tax office and get forms and sort it out
but i would just like some more infomation please
I have just started a part time job which is my first job and im ... |
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Tax return question? can my sister claim her children? |
| my sister's kids were in a foster home for the majority of the year but she still bought clothes for them and provided for them. she needs to know if she can claim her kids on her tax return ... |
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Tyler T | How can one legally avoid estate tax? What would I have to do so my heirs don't pay estate tax? |
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CoasterGal
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Look into trusts and properly drawn up living wills. Your CPA or lawyer should point you in the right direction. |
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Judy1
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Have an estate below the limit to owe estate taxes.
If your estate is larger than that ($2 million now, continues to rise until 2010, then reverts to lower limit), talk to a lawyer who specializes in estate planning. |
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Stuart
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It's really easy: die destitute. |
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Dave W
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Federal estate tax only applies to estates larger than $2 million this year. The limit goes up to $3.5 million in 2009 and under current law, there is no estate tax in 2010, then it reverts to $1 million in 2011 and beyond. (All that inconsistency is brought to you courtesy of politics...and if either party wins both the presidency and control of Congress, I'd expect changes to the 2010 and beyond amounts before we ever get to those years.)
States have different limits.
The only way I know to avoid the tax is to make sure your estate is below those limits when you die. The quickest, easiest, and cheapest (because you don't need a lawyer) way to do that is to give the money away while you're still alive. You can give up to $12,000 a year to as many people as you'd like without paying "gift tax". If you're married, your spouse can also give $12,000 which means you can give a combined gift of $24,000 to each person. If you have four children and each are married, you and your spouse can each give $12,000 to each of your children and each of their spouses. That's a total of $192,000 per year.
If you don't want to do it that way - or are so far over the limit that gifts alone won't be enough to bring your estate size down to the limit, you can get a lawyer to draw up a trust. That will cost you in fees but if properly done, can save your heirs more than the fees in taxes. |
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skipper
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Die in 2010 when the estate tax is eliminated. Unfortunately it comes back in 2011.
There are ways to minimize estate tax for a married couple. (An AB living trust).
You can give your heirs money while you are alive ($12,000 a year to each heir) which will minimize the size of your estate when you die. |
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Rick B
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How much do you have? You have to have at least 2 million before it comes into play. It is going up to 3.5 million in 2009. Just don't die until then :-) |
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Ron Berue
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Talk with your attorney and/or your financial adviser and/or your accountant about a trust.
I wish you well!
VTY,
Ron B. |
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Spock (rhp)
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umm ... the estate is what pays any estate tax. Heirs receive any legacy tax free.
of course, if the estate tax reduces your estate by a lot, then there is less for the heirs to receive.
***
In addition to getting proper legal advice, you might want to consider moving out of the United States and to a country that doesn't tax estates.
While it is by no means certain, it sure does look like the Democrats will try to increase estate taxes by 2009. Depending on what they pass and whether they win the Presidency, we could return to the days of near confiscatory taxation of large estates [over $5 million or over $50 million or whatever they pass].
Finding somewhere you'd be willing to live and that would be willing to have you, AND has no estate taxes might be a bit tricky -- you'll need advice on that as well.
GL |
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