 People who receive big compensation payouts (75,000)...can they still claim incapacity benefit? |
| It's not me who's been paid out but a friend and they say they are still entitled to their incapacity benefit,but i said i don't think you can still claim .do any of you know if if you ... |
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 My mother in law's husband past away and she had an auction and her return was 50,000.00 dollars are taxs due |
| most of the items were farm related it would help her to know if she had to report this as income on her tax return for 2007 we are in the state of texas.... |
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 Is 846/E6100 an emergency tax code? |
I have this on the 2nd payslip since I started my new job... I'm querying this, as my monthly income is short of about £100.
(I have reconfirmed this with an on line salary ... |
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 My Son was born 10/24/07 - Filing HOH - Qualify for EIC? Please Help!? |
| I have found conflicting information regarding this. It seems as though a "qualifying child" (I've read numerous times) has to have lived with you for more than half of the year (6 ... |
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 Is the Inland Revenue your friend or enemy? |
Additional Details
Icarus. I was in the same employment for about 30 years. I have a good pension which of course I pay tax but I do need to keep my stamp going so I go to the dole ... |
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 How many allowances should we claim on our W-4? |
We are a married couple, both working, one makes 33K, the other 60K. We have a house (real estate taxes and mortgage interest), and no kids. We file married/joint.
For 2008, we're ... |
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 Can I Claim Head Of Household? |
| I live with my girlfriend and 1 roommate. The rent and everything is split 3 ways. Nobody has kids. We have been living here for a little over 1 year. Can I claim head of household?... |
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 Bonus puts me in new tax bracket? |
| My husband and I just discovered that my $3000 bonus will put us into a new tax bracket that effectively forces us to pay $6000 more in taxes. What should I do? Refuse the bonus? Find some other ... |
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 Who pays unemployment benefits? I always thought the employee paid into their own unemployment.? |
| I was told that the employer is 100% responsible and although I know they are the one's paying the government for the unemployment, aren't they allowed to raise or lower the unemployment ... |
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 How can I get my W-2? |
| I worked 2 steady jobs and commuted to one, I quit there a few months ago, and I recently changed address's. Wal-mart is the place I need my W-2 from so how can I get that?... |
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 Do you get money back from the tax you pay? |
i was temporary at wilkinsons and i finished there on boxing day, i used to £60 a week and for the last payslip i got i paid £326.56 in tax
Additional Details
i meant i paid 326.56 in ... |
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 Does anyone know what happens to people who don't file their taxes for so many years? Not me, just curious |
| Let's say, they work and they get taxes taken out of their paychecks and child support, etc.. What actually happens, if anything, if they haven't filed their taxes for years?... |
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madge | Who has the cheque? |
my husband is getting a large sum from a will now he is classed a higher tax and i as paying no tax. would we have to change the name on the cheque to mine or could he put in straight into my account. No this is not a scam we just want the best |
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dvaety
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you |
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old know all
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There's no tax for you or him to pay on a legacy. There might have been Inheritance Tax on the estate, but that's paid before either of you get your share.
If it's invested in your husband's name, there will be more tax on the income it generates than if it's invested in your name. However, there's no disadvantage if your husband banks the cheque and then pays for investments made in your name.
First you need to think about what you want to spend it on and when. If you're going to spend it now, investment doesn't come into it. If you want to spend it later, and you're looking at a substantial amount, get some independent advice. |
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Pete1122
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The cheque will have to come in his name as it`s from a will.
He cannot put it into your account unless it`s a joint account. |
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r doug w
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transfer the money into your account, then any interest will be tax free, (if it's under your allowed limit)..you will have to fill in a tax exemption form. |
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amal
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Since it is mentioned in the WILL that he should be the benecificiary than from Tax angle he has to deposit the same in his account.
It is all tax free.
To lessen the burden of tax on income that will be generated on the funds when invested received from the will, he can gift any amount to you.
This will be more acceptable with the Tax Authorities and such a transction is valid. |
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Tristen B
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He can pay it into his account and then transfer this to you. This is simply growth protection measures that you are legally allowed to do.
Then, any income that these funds produce will be at your basic rate.
:) |
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b_i_l_l2002
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It is a criminal offence for your husband not to declare this, regardless of what you do with the cheque. |
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dapone119
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you can put the cheque into your account, but if you live in the UK the moment the cheque is processed into the bank, then it will be taxed at source ( your account) weather you pay tax or not. and then you will be making interest on it if it is a higher amount. |
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London.G. boy
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for who? U am sure.
If money wasn't the reason in the first place when u came together.
why has it become an issue when u are parting.
No matter how we try to pretend & denial. The truth always comes out,celeb's are no exception. |
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