 Who will pay to solve the prsent financial crisis for UK? |
The poor have no money. The rich always escape through loopholes. The middle class are stuck in the middle (sorry about the poor joke ) so who pays.
The usual thing is the poor get poorer. The ... |
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 What is my council on....? |
| I got a demand for not paying June's council tax when it isn't even the first of June yet.I rang them up and they knew nothing about it!! Anyone had stupid problems with their council tax ... |
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 Capital Gains Tax Explained? |
I understand the theory of CGT but I would like to clarify it.
If I bought a second home and rented it out as an investment for retirement and had 2 mortgages for where I lived and this rented ... |
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 1099 Contractor vs employee salary question - great math/accountant question!? |
Problem:
I interviewed for a job in State A that offered a salary of $40,000 plus Medical Benefits. The estimated value of the Medical Benefits is $6000.
The company then ... |
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 is unemployment money that is paid to some one, tax payer money or my money that i pay into an unemployment.? |
| im wondering if its like tax payer money or if its money i pay into an unemployment account in the event i become unemployed. like a social security acount.... |
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 What is the tax deduction off of paychecks in Georgia? |
| I start a new job soon and I can't remember quite what number my Economics teacher gave us for tax deduction. I kind of want to see how hard they will hit me since I only work two days a week ... |
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 Are alcohol tax and cigarette taxes unfair? |
Hs the taxation of alcohol and smoking have created an ever increasing role in governmental tax revenues. Are minority groups of addicted or dumb people disproportionally taxed on the premise
of ... |
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 Question about gift taxes for a car? |
| I recently won a car (ford fusion 2010 hybrid starting price 27k) in a raffle and in the rules it says "BE REQUIRED TO MAKE A PAYMENT OF TAXES IN THE AMOUNT OF 25% OF THE FAIR MARKET VALUE OF THE... |
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 How long will I have had to work to be eligible for unemployment? |
| I began working as a Educational Assistant around October '09 and I was laid off May '10. Prior to that I have just been a student. Am I eligible as far as the quarter systems go?... |
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 Can my employer tax cash? |
| So I worked for a day this week at my new job for five hours at $8/hr. Payday was yesterday and I got my pay in cash. My question is, can my employer remove tax from my pay if he's giving it to ... |
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 Unemployment Benefits? |
| I am moving out of state (from NJ to FL), and need to collect NJ unemployment benefits until I find employment in FL. I have worked continuously for the past 3 years with same employer. I am moving ... |
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 Can i claim the homebuyer credit if it is also an investment property? |
| I purchased a 4 plex that is also my first home purchase but not my husbands. While we were married he purchased a home but it is only under his name. We are still married but we have separate ... |
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 Does my step mom benefit financially (income taxes, social security, ect.) since she is married to my Dad? |
| This story is just to give you all an idea of why i am asking this question but if you don't want to read it just scroll all the way down to the question but you will be very interested in my ... |
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 What is the Making WOrk Pay Credit......? |
| how much salary can a person make and STILL obtain the MWP credit.... |
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 State refunded me what I owed and paid with my amendment tax form.? |
| I found out I forgot to include my interests from my bank in my tax return 2009, so I paid what I owed to Federal and State using Amendment tax form 1040X before April 15th, 2010. Both Federal and S... |
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 Employer pays employee as contractor (no FICA). How will the IRS react? |
| I'm working for a sole proprietor. I don't meet any of the criteria for a contractor except that it's a short-term job (3 months), but the owner pays me as a contractor, using ... |
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 I need w-2 from 2004? |
| I am trying to get an unclaimed check from the state for a place I worked at in 2004. I need proof I worked there at that time and am trying to do that through the IRS but the automated system said I... |
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 When you move to another state in the middle of the year, what are your state tax liabilities? |
Do you owe all your state taxes to the first state, the last state you moved to, or do you owe a proportional state tax amount to ea
Additional Details
each state. (Yahoo truncated my ... |
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 question about the "declared value" ? |
| Hi , I've recently ordered something to be shipped from china to israel , the shipper asked me to confirm in a declared value of USD 250 , what does this mean ? Does that mean i have to add USD25... |
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Kosame | sell things on facebook..taxes? |
I saw that a lot of people are selling things on facebook, like color contacts lenses, clothes etc. Do they or are they required to pay taxes? |
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Sat Com
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Face book is a Trojan Horse, be careful. |
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StephenWeinstein
 |
All of them are required to pay taxes. I do not know how many of them do pay taxes. |
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Mathew
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Selling "things" is a business however very few people that do this activity are making a profit so they have no need to file a tax return solely on this income. If you had other income and did make a profit on an item you should add this income to your return. Example you purchased a computer for $1,000 and sold it a year later for $500 you had a loss,therefore no income to report. |
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rtfm
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If they're selling their own possessions at a lower price than they paid for them, they don't pay taxes.
If they're making a profit, then yes, they have to pay tax on the profit they make. That's self-employment income, and they are legally required to report it on their taxes if they make more than $400 in a year.
(Colored contact lenses? Really? It's against the law in most states to sell those unless you're a registered optician.) |
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