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 Has anyone in the UK Successfully claimed back all their bank charges?
We just have a current account with nationwide. Everytime a direct debit comes out that wasnt expected or is just a few pence more then expected we get charged £30!!!!!! I bet we have paid hundreds ...


 I didn't fiel my taxes for 2005, is that too late to do now??
I just filed my 2006 taxes, but i remember that i forgot to file my 2005 taxes last year. Is there anything i can do about that???
Additional Details
i know that if i filed my taxes i ...


 Does anyone know how to report earnings for 1099 and... ?
and what the best way to report is? My boyfriend just got a new job, but he has is considered an independant contractor. He will be getting a 1099 form at the end of the year of his earnings. He will ...


 I already e-filed my taxes and have a new w2?
What I'm wondering is that my returns have completed processing, and I'm waiting for them to be direct deposited. I can go on turbo tax and still add another w2, so, will they hold the ...


 If I made a tax deductible donation & lost the paperwork...?
Is it still possible to claim it? I didn't since I was unable to locate the form. I could probably pull up a bank record from March of 2007 that showed that I made the donation, but I have since ...


 Tax Filing EMERGENCY!!!?
OK, so i did a CRAZY thing and claimed 10 exemptions on my taxes, know i will HAVE to pay an astronomical amount back ( i don't have kids or really anything to deduct, GULP? I ABSOLUTELY will ...


 Does anyone know if I can file my husbands w2 tax because he is in jail...?
he asked me to do it but im not sure how to and if i can...
Additional Details
and thank you everyone for your answers.....


 Rebate checks: The last time this happened, it was deducted from our tax returns. It is the same scam?
...


 Can I still file taxes if i got paid off the books?
I worked for a company last year off the books about 7 months. I earned $11,600.00. I have 2 children and was told I can still file. Will they tax me on my return and will I still get some money back?...


 Is there a law that ACTUALLY requires you to pay taxes ?
I've been hearing more and more about this and it kinda makes me ask..is there one?..You work for those dollars no, why pay TAXES for that..just asking....


 What would my paycheck be if I live in the US and get paid $42,000 a year after taxes?
...


 Does HR Block offer a Rapid Refund service for income Tax refunds? Federal and State?
I would like to get my refund back in less the a week. Any ideas on where i should go and who would do it the cheapest?...


 What is the best business to go to to get your taxes done?
i just moved out from my parents and was never told how to file my taxes. although i did work last year, i wasn't able to file. i would like to file for last year, but i don't know who to ...


 I worked for my husbands company 8 months out of this year. Can I file taxes on that? I got paid cash.?
I worked for my husbands company 8 months out of this year. Can file taxes on that? I got paid cash. He didn't take any take any taxes out of my pay either. Where can I find on the web like a ...


 Is it true the IRS only pays refunds on Fridays?
Everyone I know has been paid on a Friday, however my date according to the IRS website is a Tuesday. Anyone know?...


 If my employer reimburses my tuition & then issues me a 1099 how do i reflect this on my tax return?
My employer paid for school last year and I was curious as to how I should reflect this on my tax return. They gave me a 1099 that shows the miscellaneous income for tuition. I paid the tuition and ...


 I cant prove the business miles i drove to the IRS?
i wrote off 50,000 worth of business miles on my taxes in 2006. but now the IRS says i have to send in proof.

Ive looked through my files, but i dont have my mileage logs, that i may have ...


 Can I ever get social security and medicare taxes back?
I'm a high school student who earned only $1000 at McDonald's last year. 8% of my earnings always came directly out of my paycheck (social security and medicare taxes). As a Minnesotan, ...


 Why do we single out the rich with taxes, why not the poor too?
Think about, something many of you may not be aware of. You could be a single parent, living at home with your parents (as so often the case is). Not work all year (i.e. not pay taxes). and Still ...


 Was the Economic Stimulus rebate check we received last summer an advance on this years taxes?
When I was doing my research about this last year it said it was NOT an advance and you would not have to claim it on your taxes. However, today when I was reading about how to prepare to get your ...



king
When do you pay taxes on stocks?
for example, i sell a stock and make profit on it, will the taxes bededucted right away when the profit is deposited in the account or i will have to pay taxes when i cash out the money? or if not these situations, then when do i pay taxes?
                     
 




Steveo
Rating
You pay taxes for the tax year when you made your profit. If a loss then that is also reported for that tax year. It's payable by the 15th of April for that year. If you are like me, then you use Turbo tax. If you use an on line broker, then they have a file that you can download to you tax form. Easy as can be. It puts it right into the right schedule. I did it for the first time last year. Piece of cake.


bostonianinmo
You'll normally pay the tax on the gain when you file your tax return. If the gain is significant, you should make an estimated payment using Form 1040-ES.


Judy1
Rating
You'll calculate and pay the tax when you file your tax return for the year of the sale. If your gain is large enough, you should make a quarterly estimated payment to cover the tax, to prevent being charged a penalty for under-withholding when you file your return.


TheProfessor
Your sale is based on when the transaction occurs. You include the sale on schedule D on your taxes. Brokerage houses generally won't withhold state or federal taxes on stock sales that are not in retirement accounts (IRAs).

It is a fairly complicated topic. It is probably worth your time and money to consult with a tax advisor rather than make a mistake on your taxes and end up paying interest and penalties -- usually 2 to 3 years later when you don't remember what you did.

More information can be found in publication 17 from the IRS. Or you can go to www.irs.gov and search for 'capital gains'


PepsiLime
You pay the taxes when you file your tax return. Taxes are not taken out on a stock sale. If your gain was large enough though, you could pay a quarterly estimate to cover the tax. If your gain is short-term (held less than 1 year before selling the stock) your tax rate would be your regular rate. If your gain is long-term (held 1year or more before selling it) your tax rate would be a maximum of 15% (5% for those in the 10 or 15% brackets). Quarterly estimates are due the following dates, 4/15, 6/15, 9/15, and 1/15 of the following year.


richard t
Rating
april 15th


mahal
When you sell a stock, you have to get a gain for it to be taxable, and you will pay the capital gain tax with your 1040 form at the end of the year. You're on the honor system to report it. Noone will ever deduct the tax for you.

If you're having a really, really good year, you may want to consider making a deposit to your bank (prepayment of taxes).

DG of Texas might be referring to a brokerage firm that handles your investments for you. They will issue a report to you at the end of the year (a 1099 form) reporting your income from funds that they are in control of. Web sites like Ameritrade don't do this for you because they don't want anything from you except trading fees. They won't even give you a complete 1099.


DG TEXAS
Rating
Your first step would be to consult your broker/brokerage firm. I've seen stock transactions where the taxes are already deducted on the 1099 and other transactions where only the brokerage fees are deducted and the tax payer has to remit the taxes on the amount when filing their taxes on or prior to April 15th. You will pay taxes on a profit when the transaction takes place whether or not you actually receive the cash. Even if the profit is reinvested - you will still pay taxes during the tax year the transaction takes place. Again, the best way to find out the answer to your question is to contact your broker/brokerage firm.


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