What are our federal income taxes used for? |
Additional Details oh and that is not me thumbing you guys down, probably some ignorant and naive Repub troll. just ignore the thumbs down ;)... |
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Regarding the Tax rebate/refund that Bush has approved this May/June...? |
| How much is it again? I have heard $300 and I have heard $600. I'm aware that it varies based on your salary - I know you have to make less than $75,000 - and my friend only made $74000 which ... |
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My boss didn't withheld any federal tax on my check? |
| I told my boss to take the min. amount on my check because before he was taking almost 80.00 per week,and at my old job my boss told me "i can take more money and you will recieve more, or i can&... |
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Did you get your stimulus check to be mailed july 4th, where do you live? |
| I was wondering where those that got their checks that were to be mailed July 4th live. I live in PA and did not get it yet? I also got the letter saying I would get it by the 5th, but I was not ... |
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Can you share turbo tax? |
| say you have a sibling too cheap to buy it .. can you share it without messing up my own taxes??... |
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I am supporting my permanently disabled brother. Can I deduct any of these costs (rent,util,meds,etc)? |
| I know I can claim him as a dependent. But can I also deduct some of his expenses that I pay? His only income is social security disability, amounting to $700 per month. I chip in about $2300 per ... |
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If u earned $524 last year do u have to pay em or will u get all ur money back?? |
| I need to know because i am only 17 and i only worked for months and wendys got paid biweekly...anywayz i really need to know because what i get back from taxes is going on my fiances apartment which ... |
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Will I get the new refund everyone is talking about? |
| My parents still claim me as a dependent, but I've been filing my taxes for about 7 years now. I know I'll get my regular refund, but what about that extra $600-$1200 that was just approved ... |
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I'm confused about the stimulus direct deposits---I used turbotax to do my taxes..? |
| I used turbotax to do my taxes but paid the fees with my debit card..does this mean i'm waiting for a check instead of a direct deposit?... |
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Federal Income Tax Forms? and state income tax forms? |
| Where do I go to get a federal income tax form and a state income tax form?! Can i go into a H&R Block and get one and do i pay for them?!!... |
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I had half of our stimulus check direct deposited.. where's the rest? |
| My wife and I filed as "Married filing jointly", but I received only 600.00 direct deposited to the same account that the tax refund went to. Where's the other half? We both made ... |
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Stimulus check????? |
| Has anyone received their Stimulus check yet????... |
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What did you spend you tax rebate on, or do you plan to spend it on? |
I am planning on using mine for the completion of my wedding plans.
My fiance got some bills caught up and out of the way.
Just curious what everyone else is doing. = )... |
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If I owe back child support, when my new wife and I file our taxes, will they take her refund?? |
| I owe Back support, and last year when i filed, my refund was sent to my babys mom, i was single then, but now i have a wife, and we dont know what will happen with her refund when we file.... |
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fantasia. | If someone gave you £40,ooo what would you do with it? Would you invest it and if so how? |
Additional Details 40 THOUSAND not 40 pounds!!!
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dailic
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Very interesting question I think I would invest it.
I would invest in under the principles of compounding or with the aim of allowing the money to grow and double. I would either inverst it in a new business either my own, or buy a failing business to turn around or invest it an a business which was growing.
I would also invest the capital in the stock maket and on the ground that houses sit on. Basically, my aim would be to double and treble the money in 2yrs + I would look at the % return on the money each year to make sure it beat the banks inerest rate if it were sitting in the bank, over and above. I
wouldn't spend it on a car or household luxuries or holidays as they depreciate as soon as their sold to a customer. However, I would use any profits gained to reward myself with a holiday, just from the profits mind you not the original capital.
Thanks for the question was very thourght provoking. |
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Colbee
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£40K could represent a 15% deposit on two £100K houses, with £10K for expenses, which you could then rent out, using the rent to pay the mortgages. In a year or two, presuming the value of the houses had increased, you could re-mortgage, using the new money to repeat the process. |
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cfrichmond
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I'd go to the bank and change it into dollars, then deposit it into savings for my Christmas fund.
Oh...is that 40 Thousand pounds? That would be a good house down payment. |
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Perry
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I'd exchange it for U.S. Dollars then spend it. |
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jameslankford
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I would put all of it in GMAC direct bank and collect some great interest. Better than possibly losing money in the market imo. |
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bostonianinmo
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40 quid? I'd blow it down the local... |
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godfather
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if you have debt, then i would advise paying those off first.
Beyond that, if you have a house, it might be worth while extending it - if it increases the house value. Speak to a local estate agent about what you can do. House renovation could yield really good returns. |
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april9_rockstar
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£40,000! id buy a house abroad maybe. or clear my families debts, then, being 18, id spend it. |
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Lawyer
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Nobody gonna give me that amount of money so..... |
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evilive
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40 pounds is about 80 dollars american so I think I buy christmas presents 4 the folks. |
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╦╩╔╩╦ O.J. ╔╩╦╠═
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I would probably use it to buy a house and a car. Then I would use the rest to invest in the stock market. |
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gingertod
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I would pay it off my mortgage |
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