 Do I pay taxes on my gain on my home? |
| Ive lived there for 6 years. im selling and walking away with about $100,000. I am planning to buy a new home right away in another state. Do I have to pay taxes on the money if I buy a new home ... |
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 Anyone get their stimulus DD today yet ??? |
| Just wondering if anyone got their check direct deposit today like they were suppose to ? The IRS site said mine was suppose to be today,may 16th, but it is not there ?? If you did get your today, ... |
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 When do W-2's have to be mailed out? |
It's the 31st, correct?
If you have a child that is in daycare, does the daycare have until the 31st to mail out the information for the child care credit as well or do they even have ... |
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 Would the UK be a better society if unemployed people went to work in a workhouse? |
| assuming they didn't take the jobs of employed people? What jobs do you think they could do?... |
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 Can I avoid paying tax if I receive regular payments by cheque? |
| I know you can avoid tax if you recieve cash in hand- but what about cheques?... |
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 Please tell me if this is true or not? |
| When i was at work today my boss told me that when Bush gave us those stimulus checks in 2008...when we do our taxes this yr..the IRS is taking it back...My boss also said that she called HR-Block..... |
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 Anyone out there actually okay with paying taxes? |
| I am just interested in hearing what you have to say about it. Is there anyone out there who doesn't really complain about paying taxes because they see the point in it?... |
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 Do Rich People Pay Taxes,Too? |
| Or They Get Help From Loopholes? What Are Alternative Minimum Taxes?... |
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 Who here agrees with this new proposal for pay-as-you-trash? |
Its not as if we pay enough for council services with the council tax. why should we pay them extra for taking our rubbish away as well.
Its just another excuse for the greedy councils.... |
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 Do I have to have any dependants to file head of household? |
| I read up on it and it keeps refering to qualifying persons. I live alone and pay for everything. Does anyone know if i qualify.... |
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 Will I get a goverment rebate check if i havent filed taxes in a couple of years? |
| i havent worked for a couple of years due to injury and havent filed taxes, will i still be getting a rebate check?... |
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 Can you file your federal tax return before your state return? |
| I live in California and I always do my taxes online. The website says that I can start doing my federal taxes but the program for the California state taxes isn't up and running yet.... |
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 Who says I have to pay taxes ? |
| I would like to know what " Statute" ( What law ) specifically requires that I pay taxes to the " IRS " -... |
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 Married in May- How to file taxes? |
| We were married in May, so I know that we have to file as married. He never changed his W-4 form to reflect married, is that okay? Also i have had 2 jobs this past year- one with my maiden name, ... |
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 Should i phone them? |
help plz ?? we have been financially skint as my partners been out of a job and my wages went on rent, bills, shopping and everything.
we didnt pay council tax.... they wrote letters, i ... |
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 Haven't filed tax returns for 7 yrs. Can I deal with the IRS by myself? |
Now I'm getting letters from the IRS for the years I haven't filed. I made very little money the first 5 yrs. but made lots (1099) the last two.
I don't have any saved as I ... |
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stout | Tax deduction? |
If you give a gift of money to someone in need, can you write that off as a deduction, and how if so.
thanks |
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wheresmyjacketblood
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write it off as a gift |
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Judy1
|
If you donate to a particular person, or to a recognized charity but designate your contribution to go to a particular person or family, then no, it can't be deducted.
Contributions to approved charities that aren't designated for a particular person can usually be deducted if you itemize your deductions when you file your taxes - you take the deduction on schedule A, and file a form 1040. There are a number of rules for what can be deducted - you can download the schedule A instructions at irs.gov to get more info. |
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Scotty Doesnt Know
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No, a gift to an individual is not a valid deduction. |
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Moondog
 |
No. Not unless they are a legitimate charity. |
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acmeraven
|
No, but it is the thought that counts. |
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bostonianinmo
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Only donations to registered charities are deductible.
A simple gift to someone may incur a tax liability for YOU since gifts are taxable to the donor. There's an annual exclusion amount of $12,000 per recipient, plus a lifetime exclusion of $1million so you won't likely have any tax to pay unless you are extremely generous. |
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snippi f
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i think it depends on who you give it to for example giving to some charity is tax deductable but i dont think you can give money to your grandmother to get out of paying taxes cause everyone would be swapping mopney that way if u could |
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Shredded Cottage Cheese
 |
if they are a documented non-profit organization who qualifies as a charitable contribution, then yes, with a receipt. If you give Harry the Hobo a dollar on the street, that is not deductable (unless I missed something and Harry got his paperwork in to be declared a non-profit) |
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Chuck T
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No, no you can not, you can give it to a charitable organization and request them to be the recipient and write it off that way... |
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wizjp
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Only if they are a certified charitable org. |
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strongsocks
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You can if you are a Business. Or if you do it through a Non-Profit organization and they give you a receipt. It has to be through or with an organization. |
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