Last 2 digits of ss#? how much? I haven't gotten mine yet, i think we will get it next week. It will be for my husband and me and we have 3 kids. Hope we get it soon!
I had 2 jobs in 2006. The first job I worked at for 49 weeks and my current job I worked 3 weeks. I am claiming 1 on my W4 for both jobs. After entering my first W2 (58k gross), all the tax programs I...
I owe the IRS 7K for taxes this year. The money I owe is for taking an early withdrawal from our 401K to fix the bathroom. I'm not sure it counts as a hardship, but the bathroom was mold ...
I am getting lot of calls from UK Lottry ,they are asking for delivery charges for the courier of my cheque. If UK is providing such a large prizes why they are not facilating us the delivery ...
I earned about $2100 last year babysitting for friends. I did not receive a W-2 from them. My tax software (TaxCut from HR Block) doesn't give me an option to add this wage without having a W-2. ...
We bought our mobile home 2 years ago and it sits in a mobile home park here in TN. We were required to pay 185 a month lot rent, plus whatever our water bill is. Now today I got a letter stating as ...
I've never filed my income taxes before. I'm 18 now and started working since jun 06. I worked at mcdonalds and hawaiian bbq up until this summer. So where's the best place to go? D...
I've had a tax bill saying i owe £460 really peed off beacuse I'm paye! Apparently my ex-employer had me on the wrong tax code so this debt is through no fault of my own....
Someone told me that due to a very significant tax collection for the 06 year the US treasury department and the IRS have been instructed to refund 70% of the tax surplus to taxpayers before the ...
I didnt file for my income tax return for 2006 i worked about half the year and i have my w2 forms can i file it for this year or what can i do????????...
cher and deb are giving you wrong advice. you can't just "sell" something for $1 to avoid gift tax rules. it is possible that the person that gave you the land has to pay gift tax. there is NO income tax on gifts.
Deborah B
I would have them let you purchase the land from them for $1. You don't have to pay anything other than to have the deed made up and then it is yours. However, you do have to property tax on it from that time on. Those taxes go to the county you live in, not to the IRS. The only time you have to pay the IRS is capital gains tax, and that is only if you sell it for a huge profit.
twinleelee
Yes you have to pay taxes..
Christopher Y
Best Advice, Have them deed it to you for $1.
Or if it's a family member, they can give a one-time gift of so much value...
Cher
Certain family members are allowed to "gift" without taxes. Other parties are always taxed.
khorat k
You get the land, you get the taxes, you get the debts. Lucky you, you got everything.
gotabedifferent
Something like that.Called taxes.
lemurs.rule68
I really don't know what that is or means, but good luck!
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