 Tax rebate i'm 16 and the tax code is 522L please help me!!!!!? |
i'm 16 and worked for 4 months from aughust 07 - december 07. And i have been gettin taxed . i have only earned £3440
and i am now out of work can someone please tell me if i will get all ... |
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 Should single people be taxed less? |
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 Do you think consumers should start a campaign to boycott gas stations? |
| If we comsumers rallied together and boycotted these gas stations on a rotating schedule. As an example hit Shell stations on Mondays, Petro Can on Tuesdays and so on. Do you think these oil ... |
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 My x partner has given up her shop and know sells all her new goods on eBay and at car boots? |
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 I worked for 2 months during the summer last year and i got my W-2. my mom filed me as a dependent under her? |
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 What does this mean on my paystub ? |
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 Why do I have to pay School Taxes when I have no children in the School. My School taxes are $6000 this year? |
Additional Details
There has to be a limit though. I have paid school taxes for a long time. I bet no one stops you to say here.... you can drive on my smooth road... give me $6000 ...... |
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 2004 state tax not filed what do i do? |
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 India-Incom tax-What is the period for incom tax calculation? Is it March(yy) to Feb(yy+1)? |
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 Help with council Tax?!? |
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 When do taxes in california have to be filed? |
| i need to know the dead line for filing my taxes in the state of california because i haven't filed yet,i haven't even made an appointment yet......... |
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 What web site tell me what benefits i can claim? |
| i nor my wife working now, have 3 kids, live in private accomadation, where can i see what benifits i and my famaily can claim on ... |
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| Did anyone recieve their tax rebate checks yet? |
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 Income tax (oh bloody hell)? |
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Tanwir C | If I sell my house and make a profit, How much of the profit goes to tax? |
The house is in NJ,I lived in this house for 3 months, I got a good offer and I need to buy a smaller house as I took a pay cut. |
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Charles G
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Since you did not live in the house for two of the last five years, you cannot exclude any "profit" from the taxman.
The way you figure it, the house sale is a "short term capital gain," which goes on Sch-D. How much of the profit (not the selling price) of it you pay to the federal is somewhere between 0% and 35%, depending on your other income.
I don't know the tax schedules for NJ. |
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dragonfireresurrected
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all of it
since you lived less than 2 years in your residence
you will be subject to capital gains tax
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Judy1
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Either 0, 5% or 15% depending on your total income including the gain on the house. |
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xtraheavy01
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Figure since you did not live in the house for 2 years, you cannot exclude the gain.
You would pay as short term capital gains and your rate would depend on what your other income . |
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Just another day.
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depends in your tax bracket, and if you sold another house within 2 years. If you plan on purchasing another house as investment check into 1031 exchange programs
check out capital gains for specific details. |
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bcnu
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As others said, your tax bracket and other factors will determine the percentage of tax on the profits. Note also that the "profit" does not include any improvements you made (increase in "basis") and there may be other amounts from the purchase transaction (certain closing costs) that can be deducted to reduce the amount of taxable "profit". |
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Big D
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about 15% unless You re-invest it.... |
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Worldly25
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capital gains 28% of your profit gets paid to the Federal Gov't
Then there is New Jersey State Tax
Sales Tax
I just don't remember those percentages. Check out NJ State Taxing Authority. |
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Robert
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Tax laws have changed, now you can deduct up to $500k in profits when selling a primary residence. Check with your tax adviser. |
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dali333
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talk to your accountant. if you roll it , you may be able to keep it all i beleive. |
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