like, im saving 50 dollars to buy a camera at best buy, which is 50 dollars. but i know thats not the exact price. the tax is included. so how much percent of the price do they add?
How do you pay taxes on stock? And when? I'll just give you my particular example. I have recently bought 100 shares in a company on an online brokerage. I plan to reinvest the stocks dividend ...
Can you wite off the entire tuition that was paid out over the course of the year? I thought I remembered when doing her taxes that they capped it at 4k and then with some sort of formula it ended ...
Okay so I took a private in home care job in February. I've just been being paid in personal checks however, not under the table as I and my employer obviously will declare the wages. I don'...
I filed for unemployment three weeks ago. As I checked on the status of my claim online, I didnt get any reply on status. Then that came up. Does that mean I am approved?...
It was £6,475.00 for 2009/10 and on the government site still's the same for 2010/11...........is this correct......something else the government keeps quiet about so we actually pay more taxes?...
If an individual is the beneficiary of stocks totaling 460,000 will s/he have to pay taxes (either inheritance or estate) upon receipt of the money after the family member dies?
thanks! A...
resolve this issue asap. I have gotten a letter from the IRS stating :
he Department has received your wage (W2) information and has no record of your NC individual income tax return for the tax ...
I get a 1099 at the end of year from any of the business that I work for (from my home office. This last business I was with for 3 years and they ran out of money. Can I draw unemployment too?...
I want to get rid of my car and few of the companies that give cash for cars told me that they can give me $500 deduction on my taxes. does this mean that If I have to pay e.g $1300 as tax, and if I ...
What exactly is the 'baby element' of the child tax credit that will be scrapped by 2011/12? Additional Details so does that mean you wont be able to get tax credits for your ...
Let me see ........ cannibal killer , botched election bullshit government , derek bird , world cup germany defeat 4-1 or was it 4-2 ? Even our goals are so crap they dont count , oh and the deficit ...
I have browsed through the web and I know it is possible to claim principal and interest for the second home. The caveat being that I need to show actual or notional rent from the second home.
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abhijit
Is gift tax/tax applicable on gifts earned under volume pickup schemes done by IT companies ?
While Gift Tax is not applicable on Volume Pick up schemes done by IT Companies, Income Tax certainly is.
The rate of tax would depend if you are their channel partner or their end consumer.
For a channel partner, TDS would be deducted @10% on the value of the gift, being taxable as if commission was paid.