Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Is it true that you can claim all your tax back if your under 18 in the uk?
...


 I had to pay in taxes this year...do i get a stimulis check?
...


 Did you know we as american citizens are not liable to pay income tax?
http://www.tax-freedom....


 What do I do? I need to know if I am a employee? or Independent contractor?
I did not own my own business, I do not own my own trucks and My ex- boss treated me like I was an owner of his trucks I was driving for him.! He listed me as an independent contractor and I wanted ...


 If i have a bill of £39.99 including VAT how do I work out how much VAT i have paid?
...


 Does it make sense to file taxes if I only made $960 something dollars.?
I work at my college library and make minimum wage and there are supposedly no taxes taken out. Im a little confused on how this works but should I file? I recieved a W-2 form. What do I do?
A...


 When is the First day you can file for fed returns?
When is the first day you can file your returns? I have my last paycheck stub of the year and i know my jobs FEIN so when can i go to H&R block lol. I Live in RI...


 Has anyone received their paper tax stimulus check in the mail yet? I am number 27 and just curious im close?
...


 If you are married, can you still file single on your taxes?
Or do you have to file married and filing separately? Which way is more beneficial?...


 IRS letter said I should receive stimulus cfheck by June 20 (today). Did u get a letter like this and do they?
send it on time or days/weeks later?...


 Can I return goods to Target if it was purchased in another state?
The goods were not bought online....


 I'm filing my taxes late this year for 2007. Will I still get the refund Bush is promising us.?
I only made about $300 for 2007 and was'nt even going to file my taxes so threw away my w-2 form. I heard you can not receive this tax refund Bush is promising us unless you file. I did have it ...


 My beautiful little girl has been accepted into a modelling agency. does she have to pay tax on the earnings?
will the inland revenue need to know about these earnings? i just want to make sure i do all the legal stuff right. she is 17 months old and has been accepted into an agency,with definate bookings ...


 Has anyone else been told this??
Finally the irs website updated and i am no longer worried about the ref #9001 but it said refund should be by 2/12/08 and i was told by both tt and sbb&t that it would be deposited 1/25/08. M...


 I got a mail that i won a lottery from united kingdom national lottery . is it true?
...


 What happens if i choose not to pay taxes?
i am single with no kids and getting screwed its not fair that i pay for someone elses kids that they CHOSE to have no one made them i use the least amount of government benifits but yet pay for the ...


 How I do I get my mom to stop claiming me on her taxes?
I am 20 years old, I have my own apartment I pay all the bills there, (I do come home sometimes for a few weeks), I have my own car for which I pay my own note and insurance. I also pay my cell-phone ...


 What happens if you cheat on your taxes?
What happens if you cheat on your taxes?...


 Should I not pay taxes if I am paid with personal checks, and my employer does not report them?
I am paid with personal checks, so I suppose technically I am an independent contractor. No taxes are taken out of the checks, so I have been saving 30% of each that I receive for taxes. I know it...


 Please stop texing me on my phone OK please. I do not need to pay for your texing me it's costing me money.
...



Tom M
My mother owes $20,000 in back taxes in PA. I am named as recipient on the will. If she dies who owes the tax?
How does estate law work in Pennsylvania regarding this issue?
                     
 




wartz
Rating
The taxes plus any other debts she owes must be paid to the extent there are assets in her estate before the heirs are paid anything. If there is nothing left, any remaining debts, tax or otherwise, will be noncollectable. I can't tell from your question if anything could be done to resolve the tax problem now.




MadMan
It is the same nationally. Her estate pays any back taxes or other debts due. If there is not enough in the estate, then the debt holders, such as the IRS, do not get paid back in full. Under no circumstances can they come after you. Of course, in this case, you will not receive anything in the will.


redrockcastle
Rating
You can Google it, but I think it would pass to you.


ninasgramma
Rating
You do not inherit your mother's tax debt. However, the taxing authority is going to be paid before you inherit anything.

So, her estate is the entity that owes the tax, and the estate will (in theory) pay any tax due before distributing any assets to the heirs.

If you take possession of her assets before the state has received the tax due, then you will be liable to the state for the tax owed, up to the value of the property you inherited.


Judy1
The estate will owe the tax, so whatever she leaves up to the amount she owes in back taxes would go to PA rather than to you. If she doesn't leave that much, any extra is cancelled.


TedEx
Rating
amount of assets, less fees and liabilities = amount to be distributed to heirs.

If liabilities and fees exceed assets, you do not make up the difference.


Sai
yes, her estate would owe the tax, and it would be paid in probate before it passed to you.


Gertie
The taxes don't disapear just because she dies. Someone needs to pay them.


steven
can't legally come after you for what someone else owes.
If they try to get you to pay for it don't.


KxFx
i think ya also going to inherit some debt .. maybe not get a lawyers advice not yahoo


youngeb1
it would come out of her savings


mr. bojangles
I know it's screwed but her estate will owe them and if your the head man of the estate it will be you. Sucks to know that when you die you still owe the government. I mean after all if it wasn't for us working law abiding tax payers, who would buy all the cigarettes to the capable yet lazy pricks who don't want to work?


madgik8
Ask your new elected leader, If you're poor - I guess I'll have to pay it. If you've worked hard and earned your own way but still struggling - you'll have to pay it.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy