 Can I pretend I made $5000 from selling stuff on ebay to open a Roth IRA? |
I need earned income to open a Roth IRA, I am only 19 year old and I am a full time student.
I did sold stuff on ebay back in Fed-Mar 2008 and earned about $3000, but I want to contribute ... |
|
 Can my ex husband claim our kids for income tax even though they live with me? |
| My ex husband is trying to claim our 2 kids. They live with me, he barely sees them and he only gives them $50 a week total. Some weeks he claims "I'm broke so I can't give them any ... |
|
 We had a baby 2-21-08, will we get stimulus imbursement? |
| when we file taxes this year we have to note our stimulus amount recieved in '08, will we get an extra $300 for the baby? not a big deal, just curious.... |
|
 Do I have to file my taxes if they already deduct it from my bi-weekly pay checks? |
| Recent college graduate working a full time job for the first time and really confused about taxes.... |
|
 If i get married do my tax refunds go to my husbands ex's kids? |
| i want to get married but my fiance is responsible for 2 other children. will they get any of my tax refund?... |
|
 What is the difference in filing taxes by mail and e-filing? |
| I know e-filing takes less time and gets processed sooner, however does it make a difference in how much you get back?... |
|
 Aunt being audited, here is the situation...? |
| I was just wondering, how can a person be audited if they are not the tax preparer themselves? What can a person do to prevent having to owe money to the IRS if the 3rd party preparer did not have ... |
|
 If my husband and i filed though turbo tax and had it direct deposited though Santa Barbara bank and trust? |
will we still get our rebate direct deposited.
Additional Details
Im worried because my husband is first on the return and his last two are 09 and we havent seen anything hit the bank ... |
|
 In an IRS Audit, how far back can the IRS go if the President of the Company changed? |
| 2 years ago, we switched the President of the Corporation over to me, can the IRS go back past before I became President?... |
|
 Which is a better investment - 7% tax-deferred or 9% taxable? |
Assume:
- I have a marginal tax bracket of 30%
- I am investing for a 15-year time horizon.
- Tax is paid yearly on taxable interest.
- Tax is paid at end-of-term on tax-deferred ... |
|
 Why is 6 months road tax work out dearer than 1 year? |
| The government charge more for 6 months, therefore it's cheaper to buy tax for year. This kind of deal from the government is leading those who are struggling to go into, if not further into ... |
|
 HELP!!! How can i claim our tax return? |
| My husband is in a rehab center. How can I go ahead and go do all the paper work for our tax return if he's not here? He cant leave the facility he's in. Can I sign for him? Or will I have ... |
|
 I have just been selected for an IRS examination...not sure If i should go please help.? |
I just received a notification from the IRS that my 2005 return has been selected for examination. The issues they are having are with:
Schedule A : Other misc deductions and also U... |
|
|  |
Robert W | I am looking for the law that states I have to pay federal taxes. Does anyone know where I can find this law? |
|
 |
 
Wayne Z
 |
Title 26 - Internal Revenue Code
http://www.law.cornell.edu/uscode/html/uscode26/usc_sup_01_26.html
You may also want to read this:
http://en.wikipedia.org/wiki/Tax_protester_arguments
It is a bit easier to read than the US Tax Code. Every couple of days, a tax protester or tax protester wannabe posts here asking us to "show them the law". So we do just that. Tax protesters have been around as long as the income tax itself and, while their theories vary, they all have one thing in common. Not one of them has been able to convice a court of law that their theory is true and gotten out of paying their taxes. |
|
jo614
|
US Code Title 26.
Don't try to evade. I've known people that have spent time in jail for not paying their fair share of taxes |
|
Cat
|
In 1861, the first income tax was passed in the U.S. It continued until 1872, when Congress allowed the law to lapse. In 1880, the Supreme Court in Springer v. U.S., upheld the income tax against an individual ruling that it was a constitutional duty or excise.
In 1894, another income tax law was passed. In 1894 and 1895, the Supreme Court ruled that a tax levied on the income earned from personal property (i.e. rental income, dividends, etc) was the same as a tax on the property itself and was therefore a direct tax. However, the court also ruled that a tax on wages earned from employment was constitutional. The tax law at the time, because of the way it was written, had severability issues. That means that the tax that was levied on income from property could not be severed from the tax that was levied on income from all other sources, so the entire law was declared unconstitutional.
In 1909, Congress proposed the 16th amendment mainly because of complaints about tariffs and the fact that tariffs to fund the government were becoming unfeasible. In 1913, the 16th amendment was ratified by the states. Regardless of what some people claim, it was properly ratified. The 16th amendment simply removed the apportionment requirement for income taxes that were considered the same as a tax on the source.
In 1916, in Staton v. Baltic Mining Co. 240 U.S. 103 (1916), the Supreme Court states, "by the previous ruling it was settled that the provisions of the 16th Amendment conferred no new power of taxation, but simply PROHIBITED THE PREVIOUS COMPLETE AND PLENARY POWER OF INCOME TAXATION POSSESSED BY CONGRESS FROM THE BEGINNING FROM BEING TAKEN OUT OF THE CATEGORY OF INDIRECT TAXATION TO WHICH IT INHERENTLY BELONGED..."
http://bulk.resource.org/courts.gov/c/US...
|
|
Charles G
 |
Here, I'll make it easy for you.
http://www.access.gpo.gov/uscode/title26/title26.html
Link to the law. |
|
Slowhand
 |
The federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents' estates, and certain bankruptcy estates. Some state and municipal governments also impose income taxes. The first Federal income tax was imposed (under Article I, section 8, clause 1 of the U.S. Constitution) during the Civil War, then again in the 1890s, and again after the Sixteenth Amendment was ratified in 1913. Current income taxes are imposed under these constitutional provisions and various sections of Subtitle A of the Internal Revenue Code of 1986, as amended, including 26 U.S.C. § 1 (imposing income tax on the taxable income of individuals, estates and trusts) and 26 U.S.C. § 11 (imposing income tax on the taxable income of corporations). |
|
NGC6205
|
Hehe, I have been quoted.
The answer to your question is the income tax laws are codified in Title 26 of the U.S. Code. You can read it at http://www.law.cornell.edu/uscode/26/ or at http://uscode.house.gov/download/title_26.shtml
Section 1 imposes an income tax on taxable income. Section 61 defines gross income (which includes wages). Section 62 defines adjusted gross income. Section 63 defines taxable income. It is all pretty dry and complicated. I'll simplify it for you. If you earn more than the standard deduction, you must file a tax return and pay taxes. If you work for someone else, more than likely, they are required to withhold taxes from your pay. If you do not have taxes withheld or you are self-employed, you are required to pay your own taxes. Any other questions?
BTW, the link in Cat's answer was corrupted. Here is a working link.
http://bulk.resource.org/courts.gov/c/US/240/240.US.103.359.html |
|
Ms. Angel..
|
Title 26 of the US Code |
|
wartz
|
You will find no law that satisfies you that you are required to pay federal taxes because you do not wish to recognize that such a law exists. You will spout the same nonsense when IRS comes after you for the tax that you owe. The IRS employee with your case will ignore you and proceed to seize everything he or she can find. If you seek relief in the courts you will be blown out the door. You are a complete fool.
Have a nice day. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 4 minutes(s) ago
| | | |
8 | 43 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
8 | 2 day(s) ago
| | | |
8 | 2 week(s) ago
| | | |
8 | 3 week(s) ago
| | | |
8 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
