Description : My wife had a business last year. Should we still file our taxes jointly?
Last Answer : answer:How was the business organized? Did she draw a salary? The business may have to file its own return. I would bite the bullet and get professional help.
Description : my wife has a catastrophic illness and has to draw upon her IRA. How will this affect our taxes filing jointly
Last Answer : You may be safe from paying a tax. People may need to tap into their individual retirement account before turning age fifty-nine and a half. Withdrawing money before that age subjects the funds to an ... Read more: http://taxes.about.com/b/2008/09/22/taking-early-distributions-from-an-ira.htm
Description : Deepak, Ashwani and Tarun jointly promised to pay ` 90,000 to Pradeep. Deepak was compelled by Pradeep to pay the entire amount of ` 90,000. Here: A. Deepak can file a suit against Pradeep for ... to Deepak. D. Pradeep is not justified here and is liable to refund the entire amount to Deepak.
Last Answer : B. Deepak is entitled to recover ` 30,000 each from Ashwani and Tarun
Description : I'am leaving the military soon, do I file unemployment through the state I've been paying taxes to (Wash DC) or the state I'm currently in (TN)?
Last Answer : answer:Are you sure that you're entitled to beneifts? There are many special issues with milittary employment, as it's not the standard type contemplated by unemployment insurance. I'll say this: the state ... be employed in that state for a number of years. Let me know if you need clarification.
Description : P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the ... Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940
Last Answer : Answer: B) For managing, P received = 10% of Rs. 3700 = Rs. 370. Balance = Rs. (3700 - 370) = Rs. 3330. Ratio of their investments = (3250 x 6) : (4200 x 5) : (5000 x 3) = 19500 : 21000 : 15000 = 13 : 14 : 10 Q's share = Rs. 3330x 14 / 37 = Rs. 1260
Description : X, Y, Z jointly engaged in a business. It was agreed that X would invest Rs. 14500 for 4 months,Y Rs 19000 for 7 months and Z Rs 25000 for 6 months. X wants to be a working partner and he was to ... and total profit earned by X was Rs 43929. Calculate share of Z A) 55750 B) 58472 C) 67500 D) 65250
Last Answer : Answer: C) Ratio of X, Y, Z profit is 14500*4:19000*7:25000*6=58:133:150 Total profit be' a' X receives 14% of a as profit for active partner Remaining profit=86% of a X's total profit=[86/ ... 341]+14/100*a=43929 9762/34100*a=43929 => a= Rs.153450 Share of Z =153450/341*150 =Rs 67500
Description : Can my business expenses be written off against my wife's income since we file jointly?
Last Answer : answer:I am not strictly a tax practitioner or expert and this is sketchy advice, however, your business income and expenses go on the schedule C and pass through to the 1040 form, it ... is not intended as legal advice and you should consult a qualified tax practitioner for a definitive answer.
Description : While auditing the financial statements of non-corporate enterprises, the auditor's duties and scope of work would be governed by- (A) the statute passed by the Parliament (B) the Companies Act, 1956, and ... (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961
Last Answer : Answer: the agreement with his client.
Description : Whoever, being a public servant, and being legally bound as such public servant, not to purchase or bid for certain property, purchases or bids for that property, either in his own name or in the name ... imprisonment for a term which may be extend 3 year or with fine or both d) None of these
Last Answer : b) Simple imprisonment for a term which may be extend 2 year or with fine or both
Description : A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these
Last Answer : Suppose B invested Rs. x for y months. Then, A invested Rs.3x for 2y months. So, A : B = (3x × 2y) : (x × y) = 6xy : xy = 6 : 1 So, B’s profit : total profit = 1 : 7 Let the total profit be Rs. x. Then, 1 / 7 = 40000 / x Or x = 28000. Answer: d)
Description : Moving soon but decided to start debt management, will I be able to rent a home?
Last Answer : It's possible, and I would not expect the debt management itself to show on credit, but having credit to manage will. Some renters run credit checks and care about them, and others don't. ... a credit check. If you have past landlord references, they would hopefully be enough for a human landlord.
Description : How much do 2 people filing jointly have to make in order to pay fed tax?
Last Answer : Feel Free to Answer
Description : Can your husband use your jointly owned property as collateral?
Last Answer : What is the answer ?
Description : 108,991.20 tax tables for filing jointly but at a higher single rate and married w/0 dependents?
Last Answer : If my husband makes $75,000 in 2011 filing married and zero and I make $34,615 filing married but at a higher single rate and zero plus $25 will we owe taxes or get a refund?
Description : what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?
Last Answer : what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13.000?
Description : The Pros and Cons of Married Filing Jointly?
Last Answer : Married taxpayers have the option of submitting separate or joint tax returns. The married filing jointly option lowers your tax obligation more than filing separately. Your standard deductions for this ... for your spouse's taxes. It is generally more beneficial for taxpayers to file jointly.
Description : Match the following: A. Industries owned by individuals 1. Public Sector B. Industries owned by the state 2. Cooperative Sector C. Industries owned jointly by individuals and state 3. Joint Sector D. Industries run by a group of people 4. Private ... a) 4 1 3 2 (b) 3 2 1 4 (c) 1 2 3 4 (d) 2 4 3 1
Last Answer : Ans: (a)
Description : In a business, raw materials, components, work in progress and finished goods are jointly regarded as - (1) capital stock (2) inventory (3) investment (4) net worth
Last Answer : (2) inventory Explanation: Inventory refers to raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business's assets that are ... of the primary sources of revenue generation and subsequent earnings for the company's shareholders/owners.
Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.
Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank
Description : The State bank of India and America‟s which financial company have jointly launched a distribution alliance with travel prepaid cards distributor Centrum? A) Visa B) American Express C) Capital One D) MasterCard E) Amex
Last Answer : D) MasterCard Explanation: India s largest bank, State Bank of India (SBI) and MasterCard announced pilot launch of a distribution alliance with travel prepaid cards distributor Centrum. This ... for it s multicurrency prepaid card and will largely target the corporate customers of the bank.
Description : The 2018 Nobel Prize in Physiology or Medicine has been awarded jointly to James P Allison and Tasuku Honjo for their discovery of which cancer? A. Chemotherapy B. Radiation C. Surgery D. Immunotherapy (Answer)
Last Answer : D. Immunotherapy (Answer)
Description : You are the project manager for a cable service provider. Your team members are amiable with each other and are careful to make project decisions jointly. Which of the following statements is true? ... stage of Develop Project Team. D. They are in the forcing stage of Develop Project Team.
Last Answer : B. They are in the norming stage of Develop Project Team.
Description : Mark the correct option a) NSC can be purchased by jointly or single b) No maximum limit for purchasing NSC c) NSC VIII available in min Rs 100 den d) All the above
Last Answer : d) All the above
Description : A depositor may operate a senior citizen account a) More than one account in individual capacity or jointly with spouse b) Only one account single another one with spouse c) Only one single account and more than one joint account d) None of these
Last Answer : a) More than one account in individual capacity or jointly with spouse
Description : ____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)
Last Answer : (a) co branded
Description : During the 1970s, the European Union, in its quest for monetary union, adopted what came to be referred to as the Community Snake This device was a (an): A. Adjustable pegged ... Dual exchange rate system C. Jointly floating exchange rate system D. Freely floating exchange rate system
Last Answer : C. Jointly floating exchange rate system
Description : Under the training method, both the technical institutes and business organizations jointly impart training to their members? a. Inductions Training b. Apprenticeship Training c. Vestibule Training d. Internship Training
Last Answer : d. Internship Training
Description : Given below are two premises ( (a) and (b) ). From those two premises four conclusions (i), (ii), (iii) & (iv) are drawn. Select the code that states the conclusions validly drawn from the premises (taking singly or jointly. ) ... and (ii) (B) (ii) and (iii) (C) (iii) and (iv) (D) (ii) and (iv)
Last Answer : Answer:A
Description : Given below are two premises and four conclusions drawn from those premises. Select the code that expresses conclusion drawn validly from the premises (separately or jointly). Premises: (a) All dogs are mammals. (b) No cats are ... ) (i) and (ii) (C) (iii) and (iv) (D) (ii) and (iii)
Last Answer : Answer: C
Description : In a business, raw materials, components, work in progress and finished goods are jointly regarded as (1) capital stock (2)inventory (3) investment (4)net worth
Last Answer : inventory
Description : Hanisha can do a work in 25 days, while sudha can do the same work in 50 days. They started the work jointly.Few days sughana also joined them and thus all of them completed the whole work in 12 days. All of them were paid total Rs.900. What is the Share of sughana? a) 252 b) 346 c) 454 d).359
Last Answer : A Efficiency of Hanisha = 1/100*25 =25/100=1/4=>4% Efficiency of sudha = 2% Thus, in 12 days working together they will complete only 72% of the work. [(4+2)*12] =72 Hence, the remaining work will ... which is =(100-72)=28% Thus, sughana will get 28% of Rs. 900, =28/100*900 which is Rs.252
Description : Ram wants to create a text file to store name and roll number of his students. Suggest, which program he should use. -Technology
Last Answer : He can create a text file using Notepad or WordPad. Follow these steps to create a file using Notepad:(a) Step 1:Click Start.(b) Step 2:Choose All Programs -> Accessories -> Notepad.(c) Step 3: ... dialog box will appear.(g) Step 7:Give file name with extension.(h) Step 8: Click Save button.
Description : What if I don't file my state taxes and the state would owe me money?
Last Answer : Nope. If they owe you money and you don’t file you are fine. I’m not sure why you wouldn’t since you have already done the hard part (filling out the forms).
Description : Where online can I get a program that can help me file my taxes for free?
Last Answer : This year there seems to be a lot of online free tax aid. A great place to go is www.TaxAct.com. There is also www.taxact.com/taxes-online/free-online-tax.asp.
Description : Is turbo tax a good program to use to help me file taxes online?
Last Answer : There are many programs available online for filing taxes. Turbo tax and TaxACT both offer help when needed along with free tax software preparation. http://www.taxact.com/ http://turbotax.intuit.com/"
Description : when can i file for a divorce all children are over 18 how soon can i be divorced i heard 6 months after seperation?
Last Answer : Not all states require a period of separation before granting an uncontested divorce. In states where this separation period is required, the term varies and may be one year or 6 months, for ... you might want to file for legal separation to protect your rights before the divorce is finalized.
Description : When it home or business property is sold who is responsible for calculating the taxes owed on the sale when a home or business property is sold who was responsible for calculating the taxes owed on?
Description : What government ministry is responsible for the collection of taxes in the Bahamas?
Last Answer : Need answer
Description : Is the buyer of a foreclosure home responsible for any back taxes still owed?
Last Answer : As a technical legal rule, the answer is that the buyer of a foreclosure home is not personally liable for back taxes that remain owed. However, the back taxes may well still serve as a lien on the ... got a bill for six thousand dollars back taxes. She was unable to pay so she lost the house.
Description : Should I sue the debt collectors or file for bankruptcy?
Last Answer : For every count of harassment, you can get between $500-$5000 depending on the state. It really is as simple as recording them and filing a lawsuit. There was a news story recently about a guy whose ... purposely get harassed by debt collectors so he could sue them. He was pulling in over 100k/yr.
Description : Did you file your taxes yet?
Last Answer : Yes, we filed. Yes, we got a refund. Yes, it’s gone. Credit card debt.
Description : If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?
Last Answer : answer:I just did mine through the TurboTax free edition. I got my w2 on 1/15, filed on 1/18. The IRS began processing refunds on 1 / 30. Mine cleared in my bank account on 2/8. They’re pretty damn quick. Direct deposit is the way to go.
Description : Can I claim foreign tax credit carryovers for past years even though I didn't file taxes during those years?
Last Answer : You’d be better off with an accountant for this question.
Description : Should I file my taxes online or see a tax consultant?
Last Answer : I love TurboTax. I did my own taxes for many years, then I had HR Block do it for a few. Unless your taxes are really complicated, TurboTax is the cheapest, easiest way to do your taxes.
Description : If a person works two jobs can they file seperate income taxes?
Last Answer : answer:Not unless you have two social security numbers. ;-) The payments from the two jobs will be added together. You will have 2 W-2 forms (or 1099 forms) but the amounts will be totaled on your tax form.
Description : Does anyone know about how long direct deposit takes after you use e file for your taxes and your form is accepted?
Last Answer : I’ve heard of people getting them in 7–10 days with direct deposit.
Description : You give a 16yr old a #360,000 auto does it count as capital gain and do the kid have to file taxes?
Last Answer : I doubt that a minor can own a car outright, so the parent would be responsible.
Description : How do strippers file taxes ?
Last Answer : The same way anyone else files. Once a year they fill out their tax forms and send them in. Strippers get a paycheck so there is a record of FICA and SSA taxes taken out as well.
Description : How do I file taxes this year?
Last Answer : Your filing status should reflect your status on the last day of the year. You should file single, From IRS publication 17. www.irs.gov Divorced persons. If you are divorced under a final decree by the ... . If you have minimal income, let him take the deductions, they are worth more to him than you
Description : Has anyone had to file taxes as a small business or partnership before?
Last Answer : I’ve been doing taxes for over 30 years, lots of partnerships, corps, etc. For a first timer, I would recomend taxcut