 Do I declare rent as income if it's an overseas property owned by my offshore company in a tax haven? |
| I have a flat in a Dubai. If I set up a company in (for example) the british virgin islands, and transfer ownership to the company, so rent goes to the company (not to me), do I have to declare UK ... |
|
 Wrongfully claimed as dependent, stimulus check.? |
| My mother claimed me as a dependent although I am 20 years old and she has never provided me with any financial support in my entire life. This means that I won't be getting a stimulus check.<... |
|
 Does anyone know anything about the IRS????????? |
| I want to go file my income tax but I am afraid they are going to take my taxes because my school loan has been in default for 4 years. Right now my account is with pioneer collection agency and they ... |
|
 If I make salary on a job, and they deduct my pay because I was sick is that illegal? |
| This job i work for does not pay me any benefits nor do I have sick days. they pay me salary they jus cut the monthly salary by $800.00 and now they are deducting the two days i was sick...im ... |
|
 My accountant failed to file my business return on time and I now owe a penalty. Any good advice? |
| My accountant was always really good up until this year when he kind of went off the deep end with some personal issues. He assured me that he'd file my business return on time and when he didn&... |
|
 Ability to deduct mortgage interest on schedule A? |
| My brother and I plan to purchase a property 50/50. I am to live in the home and pay my brother rent for his half. Will i be able to deduct my half of the mortgage interest as a personal expense on ... |
|
| Do you believe this? |
Can someone earn £36000 a year gross by working the following way!
1st job- 35 hours per week- £14000 per annum
2nd job- 30 hours per week- £11000 per annum
3rd job- self ... |
|
 When will I receive my "Tax Rebate" check from bush? How much will I get? |
| I filled single with one dependent. So how much should I get in total??... |
|
 HOW CAN i GET STUCK PAYING THE IRS BECAUSE I AM 1099? |
| I MADE GOOD MONEY LAST YEAR BUT WITH RENT, CAR PAYMENTS, CHILD CARE AND RAISING 3 KIDS I BARELY SURVIVED LAST YEAR NOW MY TAX GUY IS SAYING I OWE $9,000 TO IRS HOW IS THAT POSSIBLE????????... |
|
 Do you have to file for taxes if you receive public assistance or welfare? |
| I never thought into it and my mother hasnt filed in a while becaue she says she was told not to file. I understood it then being that she was not working but now i need college stuff and they need ... |
|
 I forgot to deduct for a charitable contribution...? |
| I donated to a charity in 2006 and forgot to list it on my taxes. Do I need to amend my return to get credit for this or can I claim it on my tax return next year?... |
|
 Did anyone get an update through sbbt bank? |
| My tax refund on sbbt said, 1/25/08. The Irs said, 1/29/08 and when I check sbbt bank, they said, my refund will be deposit the following friday. I assumed that they send them out on Thurs. and it ... |
|
 Who do I call about my not getting a W2 form? |
| I haven't gotten my W2 form from my previous employer and I was wondering who I should call if I don't recieve it by January 31. Some have told me to call my employer while others have told ... |
|
 What will you do with your Stimulus rebate? |
for me, i'm saving it for the June 20, and 21 race at the Milwaukee Mile. that way, i have more spending money to take along.
what will you do with yours?... |
|
|  |
gaby_ro_2004 | When you get married,do you pay the same taxes?Or less? |
|
 |
 
TaxMan
 |
It depends and every one's situation is different. But generally, if you are both working prior to being married and continue to work after being married, then your federal tax liability tends to go up. It gets real bad if one of you earns less then $30,000 and have children. Why, because you lose the Earned Income Credit when your combined incomes exceed $30,000. However, if one of you doesn't work, then getting married tends to help.
Again, every body's situation is different. What you can easily do is go back to 2005 or 2004 and repeat your tax returns as Married Filing Joint and see how you do versus what you did originally (Single?). As far as all that Married Filing Joint versus Married Filing Separate mumble jumble, avoid Married Filing Separate like the plague. It is rarely better than filing jointly. If you are married by the last day of the year, you must not file as "Single" regardless of anything.
OK? |
|
goldenboyblue
|
You get higher standard deduction for being married but for the same reason makes it harder to itemize your deductions since you to have a higher threshhold amount to be able to itemize. |
|
namasterwc
|
no. getting married does nothing for you unless you file a joint return. |
|
Judy1
|
Tax liability can go either way depending on whether you both work and how much each of you makes, and how you file, jointly or separately. |
|
lee_adamant
|
Chances are you will end up paying your wife at least half of what you have left after you pay the government.
So simple answer if YOU PAY ALOT MORE. |
|
godzilla9970
|
I would say from my own experience that they are a bit less,,, but don't get married just for the tax breaks..marry cause you love each other. |
|
Barbara
|
Income taxes? Less. If you are single, file as Head Of Household, not Single. That will save you some. |
|
lizzit
 |
Short answer: Anywhere from slightly less to a lot less. The tax savings aren't worth the marriage certificate unless you're really, really wealthy (saves a bundle on inheritance taxes) or your incomes are extremely disparagate (if one of you is a stay-at-home spouse, it cuts the working spouse's tax nearly in half). Always marry for love, not money or tax cuts.
Long answer: Occasionally more and too lengthy to go into here. |
|
mizzgov_08
|
If you file separately, you usually have to pay the same, with some adjustments. However, if you are going to file "jointly" then there are major adjustments. Sorry I don't know the specifics. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 6 minutes(s) ago
| | | |
9 | 17 minutes(s) ago
| | | |
9 | 21 minutes(s) ago
| | | |
8 | 57 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
8 | 9 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 3 day(s) ago
| | | |
9 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
