 Can I claim myself as a dependent on my tax return if my parents already have? |
| I'm a 22 year old college student and my mother claimed me as a dependent on her tax return because I used her income to apply for financial aid. Can I still claim myself as dependent on my tax ... |
|
 Tax Help, Please ... What STATE form do I use if I've used a 1040EZ for Federal? |
I am in California if that makes a difference.
Additional Details
Thank you to everyone with your quick responses.
Just_Wondering ... thank you for including the website ... ... |
|
 Do I have to claim money given me by mother in law to help with bills.? |
| My mother in law moved in with us 2 years ago and has been giving us $200 a month to help with food and bills. Do I have to claim this as income?... |
|
 On savings accounts, how much interest do you have to earn in a year to have to pay Capital Gains taxes? |
| For example, say you have $5,000 in a 5% interest savings account. Which would be $250 in interest a year. At what amount do you have to pay capital gains tax?... |
|
 Didn't file Taxes in 2008? Where do i go from here? |
| Yeah i didn't file taxes this year. I was 17-18 last year and i didn't work the full year. But i was working full time for awhile only making around minimum wage. So i dont have a clue as ... |
|
 What bills do Americans pay? What state are you in? |
In the UK we pay -
*income tax & ntional insurance (directly from our wages/salaries) graduated from 22% up depending on how much you earn.
*stamp duty on property
*council ... |
|
 What is a tax return? |
| i dont understand any of the tax laws. except i have paid it and would like some back if im intitled to it. can some one explain how it all works for a employed worker like me.... |
|
 Can an individual open and run two firms or more,in india ? |
| Are there any sales-tax or income tax implications in such cases ?... |
|
 Do we need to pay tax for interests earned from accounts in CITIBANK? |
| I was told that we do not need to pay interests for accounts in domestic banks. Not sure about it.... |
|
 Home mortgage interest (taxes)? |
| I have had a mortgage since 2004 and I've never had my mortgage interest deducted from my taxes. Is there a way to go back and have '04 through '07 deducted on one return? Or did I ... |
|
 Do more taxes come out of overtime hours? |
| I work for a communications company and everyone claims that over-time and double-time hours are taxed at higher rates? I have never taken the time to sit down and run the numbers, so I decided to ... |
|
 2008 Stimulus Tax Rebate i need help? |
| what do i do? I filed my tax back in January and had them direct deposited. Well do to recent fraud and Identity theft ( I know right a great way to start a year) my bank account is now closed. how ... |
|
|  |
HumanGenome | Why doesn't the government just print money and not tax? |
We all know the government is lawless and does whatever it wants so why doesn't it just print the money it needs to pay off the debt? Is the money they print now considered debt? Why tax Americans when they print already is my main point. |
 |
 
Steve D
|
Money is printed mainly to replace older bills in circulation and t balance accounts (since the money supply grows naturally, more physical money is always needed). If the government was to print more money instead of taxing, that would artificially inflate the money supply, causing greater, and possibly hyper-, inflation, much like happened in Germany in the late 1930s.
Basically, what happens is you have too much money chasing too few goods, so people start bidding up prices, which creates more demand for money, which increases demand for goods, which increases prices, and so on.
And to answer the other question, sine money is no longer backed by silver or gold, money printed now is not considered debt. |
|
M O
|
Simply printing money will spurn rampant inflation and will render the dollar practically worthless. |
|
ed
|
A Starbucks Latte will cost you bushel of money. |
|
ASV
|
They do print money but it is done in a more professional and methodical way. Not print money whenever you want, kind of attitude.
Other countries regulate the money supply depending on the Gold reserves. Due to various demerits because of that, USA is regulating it themselves.
The FEDs control the currency supply. Alan Greenspan used to do a great job. Bernanke is not.
By buying more treasuries they release currency to the market and that reduces the interest rates. They do this to bring the economy out of a recession.
By selling off the treausuries, they curtail the release and this increases the interest rates. This is done to control inflation.
By doing these activities in a sensitive and sensible manner, US FEDS control the economy of the nation and influence the economy of the world.
Oops, Greenspan retired and our problems started. |
|
gglauber17
|
Here is the best example of where that was tried. Post WWI Germany. to simplify it, they tried to get rid of their financial problems and deficits by printing more money. In the end money was worth more to burn than to buy things. a loaf of bread cost a wheel barrel of money. people's life savings were turned into nothin overnight because the value of money kept decreasing. |
|
Cheesehead
|
Because the entire system would collapse if I had aloaf of brea worth 10$ and you print alot more money the price of the bread would skyrocket its a complex system and if everybody just printed thier own money why would we work. Basicly just printing more money would not work it would just make our money worthless and the price oof things to skyrocket |
|
Ralph N
 |
printing money is half the fun. the other half is taxes. |
|
Mark S
|
That's what Germany did after World War II. A mother had to push a wheel barrow full of money just to buy a loaf of bread. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 37 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 4 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
