i worked at targed for about 2 months and i got an email saying to fill the form online, what do i need to fill the form for? Additional Details i meant why do i need to fill it!...
my wife has all the legality's changed: her social security card; legal name; etc. the only problem is she has not changed her name with her employer- and her w2's came back as her maiden ...
I have read two books recently (one published in 2003 and one in 2006) that said that people with $90K plus incomes don't pay into social security. Is that true, and if it is true, why?!...
I closed a retirement account to help pay off bills so I could reduce my debt to income ratio and buy a house. I know in some ways you can write this off on your taxes maybe if it was used for the ...
My boyfriend doesn't pay taxes. Probably never will. If we get married, how can I file my taxes without giving red flags to the IRS about him? My taxes get taken out of my check so it's ...
hi would it be possible to do the above ,my council waited thirteen years they never contacted us then when they did i was 14000pounds in arrears i know i have a responsibility ti pay but surely they ...
I was told that,and need to know if its true or not, Additional Details I received a 1099 from someone i worked for. He never took taxes out thats why i got the 1099. how many tears do i ...
I am an insurance agent who works for an insurance broker. We have to be in the office from 8:50am-5:00pm. We are not given a lunch break and eat at our desks. We are told which companies to write ...
I don't owe it but my sister does. I don't have any kids Additional Details Ok so let me ask this... I don't know the amounts my sister owes but she is saying that even ...
basically, do i even report i pay rent or does it matter...i am going to start doing my own taxes and wanted to know if this is something i need to to add to a return for next year....
Think about this question, I think you know the answer......NO
Elizabeth Dreams
no, and it is not a good idea to "invest" on the stock exchange with borrowed money, "they say", "use only what you can afford to lose", its a bit of a gambol really. if you do go ahead, good luck, and i hope it works for you.
Ian M
I suspect it depends which country you are in
In the UK you might be able to offset it against the capital gains tax when cashing the shares?
Check with the taxman
bostonianinmo
Interest on loans used for investments are deductible but are limited to the income from the investment claimed on your return. If you show no taxable income from the investment you can roll the interest paid over to future years and take it when you realize the income or gain on the investment.
v b
Sort of. There is a form for investment interest expense, but a) you are limited to the net investment gain for the year and then b) it's an itemized deduction. Most people do not itemize. (USA taxes)
Robert Abuse
Yes, the rich have been doing it for years.
cOO
Not currently no.
toocan
i think the problem is admitting on paper that you used a bank loan to buy shares. what did you tell the bank the loan was for?
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