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 I Wanted To Know When I Would Be Getting My $600 Tax Reabte?
the last two numbers of my social security # are 77 i know its in may but i wanted like a date thanks ...


 I got first paycheck and I lost 8.5% of amount to Social Security, Medicare, disable taxes! can i get it back?
I got first paycheck and I lost 8.5% of amount to Social Security, Medicare, and State-disability taxes! can i get it back? why is the gov't robbing me of my hard earned money? I am a college ...


 How much does the average American pay in taxes?
I'm doing a paper for school and does anyone know how much the average American pays in taxes/...


 How do I cheat on my taxes?
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 Do i have to pay tax when i buy something out of state?
had one company charging me sales tax (ToysRUs) and the item is being shipped of OH. another company isn't charging me tax (Rightstuf) and they're shipping from IA. so what's the ...


 Is Social Security Money enough to cover expenses when we retire?
If that they dont cut benefits and you worked whole your life till retirement. would you get enough money to sustain same level of living after retirement with only SSN money?
Additional D...


 Should i use H&R Block for my taxes?
Is H&R Block a good firm to do a persons taxes? I hear people say they are a ripoff because they just fill out an electronic form they are reading off a computer, and that i would be better off ...


 I was told by my accountant that my direct deposit tax refund would be in today (2/9) but it is not showing up
Is there any way it could go in tomorrow, I bank with Regions. I just called them and they said no pending transactions....


 Can i get in trouble for sending my taxes in late?
If I send my 2006 tax return in like september or october, can I get in any real trouble, or just get fines? What if all my income was self-employed, does that make it worse?...


 IRS on trying to jack me?
Help me out ok. i'm a independent business man. i work for fedex ground. i file my taxes last year. I add my little brother to my claim, everything was good with the accountent who did my 1090. ...


 In states that don't have income tax, is the sales tax higher?
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 What should a single person with no children claim on his W4 form to get the most money per pay?
I just started a new job, and I'm having trouble figuring out how to fill out my W4 form. I'm 25, single, no children, and my parents can not claim me. What number of allowances, if any, ...


 What is capital gains tax?
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 Social Security tax for state employees?
I recently got a report for the history of my earnings in the mail from the Social Security administration and it lists no income for me in 2007 (towards social security). I was a state employee of M...


 Is it true that if you own a business you can only write off a vechical if it is leased?
Hello,

I am wanting to get a vechical for my businesss. But I was told by a friend that you can only do a tax write off on a vechical if it is leased? I find that a little ...


 Can a state collect taxes if no longer living in that state?
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 Moving out of the country to protect myself from the IRS?
I love my country and I dont mind paying my taxes. But I do owe a lot of back taxes and I am having a hard time catching up.

I have nightmares about the IRS freezing my bank account. If ...


 Can i file my husband if he drew workers comp all year and i worked part of the year in nc?
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 How can i get my pan card .?
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 Got a 1099 after I filed my taxes electronilcally, what should I do?
...



lillorme
How do you give cash as a gift?
i gace my step mom 500 as a gift how do i do that so i can claim it in tax. i can i gice that cash as a gift
Additional Details
how can i give her the money as a gift so i can claim it back in taxies
                     
 




PepsiLime
Rating
Sorry to tell you, but gifts are not tax deductible to the giver. And, if you gave one person more than $12,000 in a calendar year, you'd have to file a gift tax return.


chatsplas
gifts are NOT tax deductible
Nice Gift, though!
Can give up to $10-12,000 without gift tax implications
ONLY gifts to bona fide charities are tax deductible: 501c3 corps like Salvation Army, and then ONLY if you itemize your taxes


Judy T
You can't claim a gift on your tax return - why would the other taxpayers give your stepmom a gift? It's from YOU, so it's out of YOUR pocket, not the government's or the other taxpayers.


Jeff T
The $500 does not appear on your tax return or your stepmom's.

Just put the $500 cash in an envelope with a birthday card, and give it to her.

It's only when gifts exceed $12,000 that you attract the IRS's attention.


bostonianinmo
You don't get a deduction for gifts given. The recipient of the gift NEVER pays tax on bona-fide gifts.

If you give a LOT of gifts, YOU may have to file a Gift Tax return and possibly pay Gift Taxes yourself. However that doesn't kick in until you give more than $12,000 per year to any one recipient so a single $500 gift has no tax consequences for anyone whatsoever.


stephenweinstein
Rating
You cannot. Gifts to individuals cannot be claimed/deducted on taxes. Only gifts to certain types of organizations (cancer societies, churches, etc.) qualify. Gifts to individuals, especially family, do not.


David D
The best, most affordable cash gifting program online today!!

You truly will not believe this... a click won't cost you anything!

http://www.epicwealthsystem.com


protecdevcorp
Rating
there are several ways one is a 529 plan!


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