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 Can I claim valley girl clothing and supre clothing as a tax decuction?
I wear there cloths for work we don't have a set uniform for the office and I was just wondering if it can be classified as a tax deduction....


 A customer was billed for sales tax but did not pay it.?
should i do a debit to sales tax expense?...


 Can my fiance and I benefit by each claiming one of our children?
We live in michigan, but Im wondering about the federal portion of our taxes. Is it legal for one, and second would it be better (meaning getting more money back) for us to each claim one of the ...


 Do I have to pay VAT on a commision I make from selling cars full time? (UK)?
If I start a business selling cars but have no starting capital and get cars from people sale or return, should I have to pay VAT on the profit or is it just tax because it will be a commision?
...


 If you are unemployed do you still have to pay council tax?
...


 SSI and Earned Income?
If a single person with 1 child is getting SSI.... can he or she file taxes for earned income child credit????? thank ...


 Am I able to claim my child for the 2007 tax year if they are due in April of 2008?
The unborn are quickly gaining rights in abortion... would it be acceptable if the child in my womb since July of 2007?
Additional Details
I'd like to add, due to some answers, that ...


 Using turbotax it says I have a $3900 refund when I only paid $900 in taxes.?
I only worked a couple months because I've gone back to grad school. However I have $35K in mortgage interest deductions. Does this make sense? I also have a child and am claiming that deduction....


 Can I get a tax refund for the taxes I paid to an hotel in Manhattan, NY (I am not a citizen of USA)?
the taxes I paid are : State Sales Tax 8.375%, state unit tax 1.5$, city tax 5%, city occupacy tax....


 Has anyone received their 2008 tax season tax refund direct deposit today?
My bank sees a pending deposit scheduled for the 30th. Just checking if anyone else got theirs yet.
Additional Details
That's not always true as far as friday only rule. The past ...


 Sir, I'am nityananda nayak s/o shambhunath nayak IGIT SARANG/DKL/ORS appld /dec'08 but not got till date so?
regarding my 'PAN' card receive from the It off. about two month left i did n't get the same as it is very urgent for me today. ...


 Working out the VAT at 15%?
When it was 17.5% I always used to use the formula of 7/47 what is the equivalent now it is 15%.

Guess who hasn't done his expenses for two months - help please.......
A...


 When was the last recession in the uk?
...


 Ballpark figure, I bought a house and got married this year. What tax break will I get for the house?
The house was $165k. Can you give me an estimate on how much I will get back on that?...


 If you are earning £20,000 per year how much is that per hour?
...


 How do u get your w2 forms if u moved out of state?
...


 What do i do if i need a copy of my W2 taxes ?
my employer dont have them is there any other way i can get ...


 Can I file an admendment for my 2004 tax return and reviece the corrected amount in 2009? ?
I know that the cut off is supposrd to be 3 years but I (like many others) was misled in believing that my daughter couldn't be claimed as a dependant because she didn't "live" ...


 Is there a problem if i filed head of household on my 1040 by mistake?
Im married. Live with spouse. Own a house and have 2 kids. I filed head of household on my 1040 for the last 3 years. I did a mistake because now I understand what head of household really means. Im I...


 Can I claim my husband as dependent?
My husband did not work in 2008. I am going to file married filing jointly. But does that cover him or does he qualify as a dependent? I also have two children, ages 3 & 5 months.
A...



theresababb
When someone gives you money (gift), do you have to pay tax?
when someone gives you money or help you out with your bills, do you have tax?
                     
 




embarrassed
Rating
As long as the monetary gift is $10,000 or less then no, you are not required to report it for tax purposes.


PepsiLime
Nope. Gifts are never taxable to the person who receives them, and they are not deductible to the person giving them.

By the way, the gift tax return is only for the person who gives the gift, and it was $12,000 for 2008, rising to $13,000 for 2009.

And inheritance taxes are paid by the estate, not by the person who receives the inheritance.


acmeraven
Rating
In 2008 the free limit was 12K; it is set to increase to 13K in 2009. This is for gifts and what you do with the money is your business.


lgs92@ymail.com
Are you serious?... course you dont.


Jss
You can give gifts of up to $12,000 in a year to any number of individuals.If any gift exceeds $12000, you must file gift tax return. Read more about gift tax http://taxipay.blogspot.com/2008/03/us-gift-tax.html


taybby$*
no.


tammyk710
The only time you have to pay tax on money family or friends give you is if they passed away and left you with it. That is inheritance tax, but since they were not deceased when they gave it to you, then definitely "NO"!


Aydens Mommy
no, but if it's over like 10k you do... it's called a gift tax


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