 Tax rebate question.? |
| I received a letter about a week and a half ago stating i would recieve my check by friday (june 27) but did not. my last 2 digits of my soc. are 75. has anyone received there payment or are they ... |
|
 Small income? |
income £670 per month no savings rent £200 per month.+elec+gas +council tax+food.
i am looking for work but until i get a job am i entitled to benefit's such as housing benefit etc etc in ... |
|
 Stimulus check sigs? |
Would a stimulus check require both signatures if the return was filed jointly?
We filed jointly and are now getting divorced- I have been told that he received the check ( it is suppost ... |
|
 Is it OK if my employer does not give payslips? |
| I have just arrived to the UK and I got a job but am not familiar with the system here. I know taxes will be deducted from my pay. I have not applied for a NI numer yet. Now then, something that ... |
|
 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 ... |
|
 If a credit card has been reported to the IRS for non-payment, can the IRS take my tax-return when I file.? |
I have credit cards that are being reported to the IRS for non-payment. When I file for my taxes and get a return back, can the IRS just take that money and apply it toward my credit card debt.
<... |
|
 I pay my friend to watch my son and I pay her everyweek, how do I write that off? |
| I pay her in cash, how do we claim that on taxes? do we need documentation? She is just a family friend, she doesn't have a special licencing for it.... |
|
 Inherited and sold a house, do I pay income tax on this? |
| A computerless friend of mine lost her parents this year and inherited her parents house throught a pre-signed quit claim deed. She has since sold the house and banked the money. Does she have to ... |
|
 Employer of 6 months has not paid tax to IRS, though they withheld it from me. Who is responsible to pay? |
| It's a new company and it was recently discovered they did not pay the IRS the taxes they withheld from all employees paychecks. Unfortunately, we have not been receiving pay stubs (I have 3 or 4... |
|
 Full Time - Tax? |
I'm 17, been working at my job for the past 3 years.. 2 and a half as part time, 6 months as full.. and im yet to get taxed.. i get paid monthly..
i think its the best thing to own up ... |
|
 Tax Q.. Please reply if you are a tax expert!? |
Let say if i made $ 14K this year. I paid $6000 in tution for my college. I m single with no dependent. Would I be eligible to have some money back (lumpsum).
Also if someone can explain what ... |
|
 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/... |
|
|  |
zapato | If land is sold in a lump sum, and the money is distributed to numerous heirs, will they have to pay taxes on? |
I just wondered if we would have to pay taxes on the money we receive from selling the land. |
 |
 
Ontario CGA
 |
As this question is posted in the Canadian tax questions area, I'll give an answer relevant to Canadian tax law!
There is no tax on the distribution of the proceeds. There may however be capital gains on the sale of the land. If the land has been held since the time of inheritance and has increased in value over that which was used on the deceased's final return then there is a gain. The gain will likely need to be split between the heirs in the same proportion of the proceeds, unless there is an active estate trust that is still holding the land at the time of sale. |
|
LaLa
 |
In Canada, if you inherit money, you don't have to pay tax on it. However, you do have to pay tax on any money earned on it - for example, bank interest or proceeds from investments. |
|
the dreamy blonde
|
I think if the land was an inheritance that you sold I don't think you have to pay tax.But you should ask the estate lawyer that handled the case. |
|
allyalexmch
|
Yes. UNless you make them joint property owners before you die. |
|
bob shark
 |
There is at least probate fees on the land value, just as on the rest of the estate that is not held in joint ownership.
How much probate, depends on the province
an inheiratance should be tax free when it reaches the hands of the heirs, it is taxed in the estate and through probate.
Talk to an accountant for best advice. |
|
cappy
|
Once the property is sold, Uncle Sam is first in line to collect. The the monies are distributed. How the taxes for filing you should contact your CPA. |
|
melinda b
|
I think it depends on which state you live in. Because in Texas you don't have to pay taxes on that unless it exceeds a certain amount. |
|
amazed
|
remember there are two taxing juristdictions possibly and depending on the state and how they tax estates and beneficiaries (some states levy the tax against the estate itself while other states do not levy a tax against the estate but instead levy it against the beneficiary (such as kansas)) either way i would question the estate executor or personal representative the person responsible for the estates administration.on this very important point |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 10 minutes(s) ago
| | | |
8 | 26 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 5 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 4 day(s) ago
| | | |
8 | 6 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
