Tax Question: Do I have to claim the interest I paid on my homes? |
| I own 2 homes, however, I rent them. I was disabled last year from a car accident for say 6 months, and made nothing, so my income was super low for only 6 months. I do have tenants that rent from ... |
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Can i claim my niece and nephew on my tax returns as dependents? will get in trouble with the IRS if i do so? |
| This Year, I have been taking care of my niece an nephew because there mother can't take care of them right now , I heard its possible to add them as dependents,and i also hear that the "F... |
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How do i purchase property that have tax liens? |
| I heard you can buy a home cheaper if it is a forecloser or has a tax lien.... |
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I would appreciate some tax help? |
| I am a mother of two, and I only made 1, 180 in 2007, because I only just started a job. I claimed 2, throughout the year. They only witheld 31.00 on my federal taxes, and even less on my state. I ... |
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Why Do We Still Let Churches Get Away Without Paying Taxes? |
While our home owner and business taxes skyrocketing why do we still allow churches to not have to pay property taxes?
Time to wake up and treat a church like any other business.
Stop being ... |
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Wheres my stimulas check? |
| I did my taxes oline through H&r Block like i usually do, it was processed long before the dead line; direct deposait. my last 2 digits are 04 and i still have yet to recieve my stimulas check ... |
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Does my ex-husband need our kids Social Security # ? |
| I was not clear the last time I asked this question so here it is. My 2 kids live with me full time and I will be claiming them as dependents. my ex is asking me for one of the kids Social. I told ... |
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Can you file as "single" even if your married but were living in a different home as spouse? |
| if me and my wife were "separated" for more then half the year, (she and my son were living with her mom) but we were not divorced, can we both file single, and she claim our son? some ... |
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What can I expect since my ex-boyfriend wrongfully claimed our daughter? |
| I tried to efile last night and my return was rejected because my ex boyfriend claimed our daughter. I have the right to claim her because she lived with me every day last year, and with him only ... |
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When it comes to taxes...do you have to enter ALL w2's? ? |
Is it true that you can skip one if it's VERY small and for a short amt of time
?... |
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My son wants to move back home with me and my husband. Will we have to pay more council tax? |
Will we have to pay more council tax?
Does council tax go on where you live, size of house or amount of people living in the house?... |
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Javon | What percentage tax do you guys pay in th U.S.? |
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jmmy_crackscorn
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Rich oil companies and republicans pay zero. |
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ZinaRae
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We are in a 50% bracket. And, it does hurt. It depends on what you make. |
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Its_me_8itch3s
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new jersey just went up to 7% |
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New Day...
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I make about $105K per year, and about 35K goes to federal, state, local, SS, etc, so I guess about 1/3 of my money. |
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Samantha
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I assume you mean income tax. It varies depending on each individual's (or family's) situation, with the minimum rate being 10% and the top being 35%. |
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meandnadine
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Here's some interesting facts from US Treasury website...
#
In 2001, the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.3 percent) of all individual income taxes, but reported roughly one-third (32.0 percent) of income.
# The top 1 percent of taxpayers paid 33.9 percent of all individual income taxes in 2001. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this groups tax share has grown faster than their income share.
# Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 90 percent of all individual income taxes. In 2000 and 2001, this group paid over 96 percent of the total.
And here's the real kicker...
The top 50% were those individuals or couples filing jointly who earned $26,000 and up. So, if you make $26,000+, you are considered in the top 50% of all wage earners. |
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firstythirsty
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A total around 30% of income goes out to taxes. It will vary from person to person, but the average is about 30%. |
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brokerstorage
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Miami, Florida 6.5% |
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MBrock
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sales tax...6% in Indiana....some states vary though...tennessee for instance jacks up their sales tax....but has no state income tax. yay for taxes! |
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x4phunk_of_2_the_thai0x
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what kind? were taxed to death here. its crap really. thank the democracy, i mean dictatorship that rules the working class |
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Joseph C
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It will soon be about 90 per cent or higher if a Democrat gets elected. Of course, that will be upon "the rich," making over $60,000 a year and others might pay slightly less, like around 80 per cent. Then, they will be made to feel guilty about the 20 per cent they keep, as well as incompetent and incapable of spending it properly. |
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