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 Another rebate question?
hello, i was just wondering about if i filled myself through turbo tax online for free and had my refund direct deposited. will i get a paper check or direct deposit, my last two numbers of social is ...


 Child Tax Credits: Did anyone else in UK get their monies in their bank a day early today?
when i rang the inland revenue they said its because of the irish bank holiday????
has this happened to anyone else & what the heck is Ireland's bank holiday got to do with us in E...


 My boyfriend and I are moving to a new flat in London. How do we find out about council tax?
If the tenancy agreement is under my name only, can we beneficiate of the 25% discount from council tax? Thanks!...


 To mail a simple letter...?
Would I need to buy a stamp for my regular sized letter (those white rectangular envelopes) if I were to send it from LA to NY?
Would it cost me something if i were to send the same envelope ...


 When do we start getting our W2's for 2006?
I can't remember, when do the W2's start coming so we can do our taxes for the 2007 year?...


 My mother died and I received an inheritance of $31,000 in stock. I sold it. Do I have to pay tax on it?
I received a notice from the IRS that I owe $6,600 on the $31,000 in stock that I inherited from my mother's estate (this is for 2006 taxes). I did not think I had to pay inheritance tax on ...


 Can day care be deducted from your income tax?
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 I heard that there is a web site where u can print out your w2s and get your taxes done early is it true.?
...


 Made a little over $6000.00 in gross income. company didn't take fec taxes out....will i owe a lot?
...


 Marriage and Taxes?
If two people get married and one person owes back taxes, can they garnish the wages of the spouse also?...


 Tax help information?
im a waitress and i get a refund check each year of around $800. i always do my own taxes online. when they ask about deductions i always just take the standard $5,350. i spend more than that each ...


 What is the rate of income tax?
...


 Pros and cons of flat rate tax ?
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 If i owe the irs do i still get a stimulas check and when do i get mine? my last is 93?
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 Tax Dependnets?
In a family of 4: parents + 2 kids....if only the parents earn an income, do you list 4 dependnets for tax purposes or do you only list 2, the kids as dependents?...


 If I get a Tax ID# so I can purchase wholesale jewelry making supplies, do I have to file a tax return?
I won't have any employees, it is just me making jewelry. I'm in Texas, USA. I think I just have to fill out the SS-4 form to get the ID. Just not sure what to do from there....


 Changing the tax code to something that makes sense?
It is critical to a responsive and robust economy that the USA maintain the current system of tax incentives balanced by tax rates. How else can the government provide economic stimuli when called ...


 Why is my wife not getting stimu. refund when we filed jointly?
they only sent 900.00 i assumed it was house hold so my wife would get 600 i would get 600 and my 2 girls would get 300 each my wife is not employed but is still on the icome tax statements,they left ...


 I thought VAT was only on luxury items?? So is my cars repair bill a luxury item!!?
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 Can I use my year-end paystub in lieu of my w2 to file my income taxes.?
...



howard
How much money would you take home after taxes if you won $100,000 on Deal or No Deal?
                     
 




Yo it's Me
Rating
It depends, but most people would pay between 28% to 33% in Federal tax (more if you are already in a high bracket). State taxes vary from 0% to about 8.6% (depending on your state and your tax bracket). So the range would be $75,000 (if the prize was your only income and you lived in a state without a state income tax) to somwhere around $53,000 (if your other income was over $100K and you lived in the state with the highest state income tax). A good rough estimate would be $60,000.


STEVEN F
rives is confused. Luxury tax is paid when purchasing certain items considered luxuries. It has nothing to do with income. Someone mentioned Social Security tax. I don't think that applies to winnings. For income tax purposes, the $100,000 would be added to any other income and taxed as regular income. If you are asking about withholding, the IRS specifies 25% withholding for gambling winnings. I think this would apply to game shows. If your state has an income tax, they would probably withhold some as well.


rodriguez m
that depends on the government


Derrick
Rating
I dont have my individual tax book handy, but off the top of my head, I would say the answer depends on how much income you already have since income is taxed at higher rates on higher income levels. On the otherhand, if you just want to look specifically at the $100,000, just use the federal individual tax rate schedule according to your marriage type (single, married jointly, married single, or head of household) to determine how much is taxed. Also, if your state has an income tax then you have to pay that as well on the $100,000.


Phoenix, Wise Guru
That depends on how much you earn in general and if you hit the FICA max. When writing you the check, they will probably take out taxes based on whatever tax bracket that falls in, but whether you have to pay more or get a refund at the end of the year depends on your total income.


AlaskanMan
The gov. takes @50% at the 1.000.000 mark.


rives
Rating
the amount minus taxes then minus 57% luxuary tax so you pretty much get screwed over oh heres your (5 cents) after all the BS taxes but its less than 1/2 of the total amount of money


Queen of Kings
Rating
Only about half.... sad huh?


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