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 Uk answers only please.?
does anybody out there know of any debt consolodation companys that come to your house to discus everything.any answers would be much appreciated....


 How much money can i gift my children tax free in the year 2006?
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 I didn't say that I have not been or do not plan to pay my taxes owed from 2005?
I certainly do and have been paying since 2005, however, since I am on a repayment plan, why should I be further penalized by having the stimulus check applied to that balance as well. I feel like I ...


 When's the due date to fill out taxes?
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 Can home repairs be written off on taxes?
I have a pipe leak in the front yard getting fixed and it's going to cost 500 dollars. Will I be able to write that off when I do my taxes?...


 I have had a letter from a Bailiff company saying i owe £600 for council tax from a old address 2 years ago.?
It was a shared house and lost contact with my flat mates. Ive phoned the company and made a apponitment with them, as I cannot afford to pay it all immiediatly. What will their responce be?...


 I have called the IRS MANY Times and keep getting different answers (last 2 are 21)?
I am sure that my check will be mailed..... but I was at first told that it wasn't going to be (by the IRS). I still cannot get anything to show up under "where's my payment". T...


 Okay it's 5/1. Has anyone received their stimulus check yet?
the last two digits of my ss# are 43 so I know they said by May 9th, but I haven't heard a single person say they got theirs yet......


 Can an employer cut your wage?
Just received letter confirming under Job evaluation my new banding and stand to loose £3000per year (current salary protected until April 09). What can I do? Anyone else been through same thing?...


 I quit my job and haven't received my last paycheck & it would be no use to get it in person. Any suggestions?

Additional Details
The place where I worked is a doctor's office. There is no manager. The doctor already told me that he was gonna mail it and it's been 5 weeks already. The ...


 Is it the LAW to use the itemized deductions even if you don't want to?
my question is simple: do you have to take the itemized deductions deduction (assume your deductions the std. deduction [interest and real estate taxes])?

By law, do you HAVE TO take the ...


 What do you think of Bush's recent recommendation to privatize Social Security?
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 Anyone with last two of ssn ending with 10-20 get their paper rebate checks yet.?
Just wondering casue I got a notice that I should get mine by friday. And hubbys last two is 16
Additional Details
yea did the where's my rebate thing says its going to be mailed on ...


 Where does UK government borrow money from?
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 Can I claim my mother as a dependent? She lives in Mexico, I support her financially 100%?
She does not have a SSN, she lives in a house rent free owned by me. I do have records of me wiring money to Mexico every month.
Thanks!
Additional Details
nite_Angelica, it's ...


 How much tax money do i get for 2 infants?
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 What would you feel like if you only had a dollar to live on?
Think about this...If you only had one dollar to buy your food and clothes..how easy do you think that would be?? Not very easy at all. So i want to know what you would do....


 Whats my tax rate?
i am working a lot and trying to ave something right now for a year or two. I am working around 80 hours a week.

my earnings:

1st job: 35 hours per week-- £14000 per year
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 Is it true the richer you are the less you have to pay for taxes?
i was just wondering.
im writing a paper on eaqulity and ya
Additional Details
im trying to make apoint in like america how we arnt totaly like everyone ...


 Where's my Stimulus Payment?
I owed money on my taxes and sent them in mid April. The check that I wrote to pay my taxes cleared my account on April 15. The last two digits of my SSN are '00', so, my stimulus check ...



sidulrike
If you win 1.000.000 on deal or no deal, how high are the taxes?
Won´t they be like a minimum of 27 % and depend on the rest of your income?
If you make 40.000 a year and win 1.000.000 - how much do you get to keep?
Additional Details
Just for more info, I did not win anything, we were just watching the show and were wondering how much you´d actually get to keep in the end.
Even if it´s 40 % taxes, 600.000 dollars would still be nice, huh?
                     
 




Thrasher
The highest tax rate is 35%. It would be added to your total income for the year and be taxed as follows.

Take your total income for the year and the tax is $91,819.50 plus 35% of the amount over 326,450.

Therefore if you made $40,000 and won $1,000,000 you have $1,040,000 in taxable income, you then get to deduct exemptions and deductions, but for the purpose of this example I'll just use the 1.04 mil.

Take $1,040,000 - 326,450 = 713,550.

713,550 * .35 = 249742.50.

Total tax = 249,742.50 + 91,819.50 = 341,562.

Amount left after tax $698,438. Still not too bad.


Walther L
depends what state and not how much you get really for it is a lump some gift where agift tax, state and fica taxes are due and you need not worry before you even see the money the irs will be there to make the proper arraingments of their cut


Ricky J.
You can pretty much count on never even seeing about 40% of it.There's income taxes but a couple of others thet add on.


That's so me
Rating
40% taxes on every thing you earn tha is more than $9,999 so i suggest you should go for the first deal the banker gives you:)


pappy
a whole bunch! Probably close to half of it.


walter
Just like the lottery, it depends on the state you live in. The IRS automatically gets 25%. IN Arizona the state tax would be 6% so you would keep 69%. In Nevada, there is no state income tax so you would get to keep 73%.


mattd550
Plan on losing around 30%-40% of it.


innovativeinvest@sbcglobal.net
Did you win it in the lotto?Or a Real Estate Deal?Makes a different where.If was a Real Estate Deal you cann do a 1031 exchange,right it off real estate expenses,open a Entity and put in a LLC or FLP.The more right offs you have the less taxes you pay..GOOD LUCK..CONGRATS..

REAL ESTATE INVESTOR


just me
Gift tax is usally around 30%.


tuesdayisgreat
I'm sure after everything you end up with about half
amazing how even the government makes so much money off of game shows


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