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 Is it too late to file my taxes?
I was going to file them this week and my mom said that I'm late so they wont give me a any money back. Is this true? Or is this just another thing that I think my mom doesn't know what she ...


 Should we pay tax on recycled items? its been payed already!?
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 How can I find out when I can expect my stimulus check?
I mailed my tax return in on April 15th and my social security number ends in 06. My parents also mailed theirs in on the same day and ends in 56. How can we find out when we can expect them? Thanks!<...


 How much money will i get from the tax rebate if i have 3 kids and myself?
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 Havnt paid tax what happens?
im working but not on books. so dont pay tax, i dont pay council tax either done this for years not at a fix address so what happens if i get caught. by the way this isnt me as such just asking.
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 Should my employer give me a payslip every week?
i work part time get paid weekly but dont get a ...


 When are my taxes due?
This is my first time filing taxes and I am looking for some dates......


 Do you have to pay council tax on a second house if no one lives in it?
...


 Stimulus payments, IRS.GOV:where is My stimulus Payment? When can we with SSN 21 through 75 view the status?
I logged on the IRS.GOV, to the Where is My Stimulus Payment tool and it says that no information is available. 'I used direct deposit for My tax return for 2007.' Also, it says that we ...


 If i do my tax return by noon tomorrow-when will the refund be deposited in my account?
anyone have that schedule......


 What would you think about a 23% sales tax on all goods?
This would mean we all pay the same tax, whether it's an industry or individual. Also, the capital gains tax and all other taxes would be eliminated, and the size of the IRS could be decreased ...


 Do you file your taxes on-line?
What site is ...


 I dont have a tax code at the moment who do i call?
IM ON emergency tax code and ambeing taxed more than i should be..
this is my3rd week ofemployment [1st job] should i be being taxed at all, and dont youget the first £5000 TAX FREE...

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 How do i believe uk national online lottery is true or fraud?
couple of days ago, i received mail from uk national lottery that i have won 600,000 GBP....


 The guy that did my Tax Returns the last two years in a row won't give me my returns back.?
I know I shouldn't have given him a second chance when I didn't receive my return from the year before. But, he said he would give it to me when I went to his office with last years return....


 Do you all pay your council tax or do you believe it is unfair as I do, being on a very low wage?
Do you agree it should be means tested?...


 Stimulus refund supposed to de deposited today, Not yet??
I looked in my account this morning, and my refund wasn't there yet. I then checked CNN and it stated that they released the refunds earlier then expected. Deposits were made starting on April 28...


 Can I legally claim 3 dependants even if I'm single with no kids?
In order to get more money now and less or owe at the end of the year?
Additional Details
I guess I mean " Allowances " , can I claim higher numbers and owe or relieve less ...


 The irs took our refund saying my husband failed to file taxes two different years before we were married. is?
he says he did file, but they dont have it on file that he did, and that he needs to file those two years to see what he ...


 How come "chain" tax preparers charge so much for filing electronically?
I mean, it's just a FAX. Dial and hit send. My accountant doesn't charge any extra for doing this, but people I know that have their taxes done by "chain" preparers say they are ...



Raj
Saving account interest received is tax free or not.?
                     
 




N.J.Reddy.
Rating
IN INDIA- Till last year the interest on S.B was treated as Sec.80L and was allowed as exemption till certain limit. From this year the same section has been removed. So the interest earned on S.B A/c is now taxable from this year. (Financial year 2005-06 /assessment year 2006-07)


muncie birder
Rating
No. It is not tax free. You will receive a 1099 from the bank on or about the 1st week in February telling you how much interest to report on your taxes. They also send the data to the IRS.


origamimark
Rating
In the UK, banks usually deduct basic rate tax from interest before giving it to you. If you are a higher rate tax payer, you have to declare interest received, and tax paid so far on your tax return, so that the balance of tax due can be recovered.


Runofthemill
Rating
All bank interests are exempt within the overall savings limit of Rs.1,00,000/- under Sec. 80-C of the IT Act.. There is no seperate exemption for savings account interest now. However PPF account interest is totally exempt.


Ajubhai.
Income earned from Saving Account is Taxable.


mickand_2000
Rating
Sorry but you have to claim it only your income taxes.


Mathew
Rating
You are required to pay tax on all interest income although the bank is not required to send you a 1099 INT unless the interest is $10 or more.


concerned citizen
Rating
No it is not tax free. Previously interest received on deposits with banks WAS exempt up to Rs.9000. Now this exemption is withdrawn and the entire amount is included in the taxable income of the depositor.

However this interest on Savings is not subject to TDS. In other words banks would not be deducting tax at source from such interest payments.


nicefriendvikas
Rating
no it is not, you have to pay for it, but only not if you are senior citizen


rajvinder
Rating
lagta hia ji


Naresh C
From this year no. After 10,000 all interest are taxable to the best of knowledge


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