Can a tax chart help you to figure out how much money you owe in taxes?

1 Answer

Answer :

Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.

Related questions

Description : When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________. A. A tax refund B. Gross pay C. Estimated tax D. An audit?

Last Answer : A. A tax refund

Description : How do I make arrangements for tax payment for taxes I owe to California Thanks, VHar?

Last Answer : How do I make arrangements for tax payments for taxes I owe to California?

Description : on my city tax, if i owe no taxes and aren't getting a refund, can i file a day late?

Last Answer : No you need to file anyway or depending on your city they will pentalize you for being late then have to pay a pentality for being late in filing

Description : How is it possible that I owe so much money in taxes?

Last Answer : What kind of question is that? What kind of answer are you looking for?

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 : i am selfemployed and i owe taxes for 2005 and 2006 i cannot pay them because of back and knee apoerations and filed for disability and the keep adding on penality and interest can you help me get them reduced?

Last Answer : first locate a disability and tax advisor or tax lawyer.they will be able to tell you and advise you ways the IRS wont

Description : What kind of attorney would I need to help with back taxes I owe?

Last Answer : You would need a skilled tax attorney to help you with back taxes that you owe. An attorney will be able to help you far better than you can help yourself because it is their job to know everything about taxes.

Description : How do I find out exactly how much I will owe in taxes next year?

Last Answer : For me, when I claim 1, I end up with a sizable refund. I don't like getting a refund because that means the government withheld money that is rightfully mine that I could have invested ... they start asking questions and requiring documentation - this year I owe $240 so it worked out rather fine.

Description : Need to reduce to amount of back taxes that I owe. I owe too much.?

Last Answer : Owing back taxes is not very fun. To get rid of this debt, or reduce it (which is probably more likely), talk to a local tax professional. Many cities have debt specialists that offer free services too. Check one out.

Description : how can i find out what i owe taxes on for the year 2003?

Last Answer : Learning tax credit for which your family is eligible, you can only take the credit for the amount you owe in taxes.the following website gives more info abt www.nsuok.edu/finaid/incometaxcredit.html.

Description : I had a payment plan in place to pay my back taxes owed to the IRS (approx 1500) they took my Stimulus Ck and I think my balance might be around 1200 - 1500. How do I find out what I owe them today. and how do i re-enter a new agreement with them?

Last Answer : Call the IRS and talk to an agent to find out your balance and how to enter a new agreement with them.

Description : Find Out If You Owe Taxes On A Relocation Package?

Last Answer : Getting a relocation stipend from an employer can help you offset your moving costs. However, many employees do not realize that they have to pay taxes on a relocation bonus. Depending on how your employer ... doing your taxes less stressful. You do not want to be surprised with a high tax bill.

Description : Does anyone think this chart by xkcd should be in schools to help students understand money, taxes, expenses, income and other economic issues?

Last Answer : answer:Could you post a link to the chart? I think such a chart could be an excellent teaching tool. OTOH, such a chart has quite a potential to be abused as a political tool to skew the ... impartial teaching tool or a way to push the whole evil capitalist world view without actually seeing it.

Description : Confused: Why would I owe taxes?

Last Answer : answer:In my head, glancing at the EZ form and the tax table it looks like you owe $963. I could easily wrong. Hopefully someone who has a pen and paper can do a better calculation for you. I didn't ... it's that simple then it looks like you owe $388. Not sure? What number did you come up with?

Description : How many democratic congressmen owe back taxes?

Last Answer : What is the answer ?

Description : Should I contact the IRS if I owe back taxes?

Last Answer : Yes definitely contact the IRS with regards to taxes. Often you can workout a payment plan. Many times penalties and interest can be removed. When these are added they increase the taxes that are ... will the IRS. They can often negotiate favorable terms for you regarding the back taxes. Good luck!

Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.

Description : I have delinquent property taxes and they want to take my home. what can i do I owe 2 years worth. I went thru a bad divorce and could not pay.?

Last Answer : immediately go to your family lawyer and explain your position, and ask some more time for that one it is better idea.

Description : How long does it take the irs to take there money you owe them Will my tax refund be offset even though the irs process my tax return?

Last Answer : Yes if you owe the IRS money your tax refund will be offset, and usually if they are aware that you owe them money, they will offset it immediately.

Description : How much do I need to owe before I can get tax relief help?

Last Answer : You can always get free tax help from the IRS. It doesn't matter what you owe.

Description : Can tax software help me even if I owe the IRS?

Last Answer : If you owe the irs you should contact a tax professional.

Description : Can I find out how much back tax I owe on the IRS Web site?

Last Answer : The best way to find out how much back tax you owe is to call the IRS or visit your local office. You can also contact a professional tax team, like a tax attorney or CPA, to act ... also request your Record of Account and Account Transcript which will give you a summary of your account activity.

Description : I throw litter out of my car on a regular basis,is this wrong seeing that i pay my taxes and part of my tax money goes to help keep the streets clean it also keeps people in work?

Last Answer : Yes. It’s wrong. The hospital also patches up people who have been shot. It doesn’t mean you should help keep them necessary.

Description : )The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system

Last Answer : (4) aspects of generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system Explanation: The Central Board of Direct Taxes (CBDT) ... steps to prevent generation of illicit funds through transactions in property, bullion and equity market.

Description : The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system

Last Answer : aspects of generation of black money, its transfer abroad and bringing back such money into India’s legitimate financial system

Description : Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is ... in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Last Answer : : If a person has zakatable assets worth the equivalent of 52.5 tolas (612.36 grams) of silver, then zakat is obligatory on him at the end of the year. So zakat has become obligatory in the case ... total amount of Zakat has to be collected by calculation. (Hedaya: 1/196 , Addurrul Mukhtar: 2/30)

Description : How do i Save money to Move out of My Parents' when i owe Loans and Car?

Last Answer : Could you not join a commune? or share an apartment. Over here we have what is termed granny cottage living, but it is an outhouse or guest-house made into a mini apartment. They are cheaper and ... garden. I guess we could all stay at home because of cost, you just have to jump, and fly!

Description : Don't you know of any register where I can find out all the debts I can have? Thank you

Last Answer : You'll find out quickly when the executor arrives

Description : Where can I get help for my tax questions for completing my business taxes and getting the most return from them?

Last Answer : You should seek the advice of a qualified CPA to get information on taxes. They will be able to provide you with advice and console on all tax issues.

Description : Can I take a tax course to help me learn how to do my taxes?

Last Answer : There are many courses available that can help you do your own taxes. Also, if you purchase "TurboTax" the computer program will walk you step by step to getting your taxes done correctly.

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 : Does starting a new business help you with your tax refund when filing taxes.?

Last Answer : My best suggestion is to inform yourself with information from different resources concerning what starting a new business will do for your taxes. But to directly answer your question then yes, it will ... small business owner. Here is their website to learn about it. www.irs.gov/businesses/small/

Description : What happens to people who owe money to drug dealers?

Last Answer : answer:Bad choices, no matter the age, can shorten the lifespan. Drug dealers are not likely to cut them loose. The bad debts with a dealer can become statistics. That is how the dealer collect from the ... I'm sorry you are in the position you are in and sorry for the person you are asking about.

Description : If a person you owe money to has died, and the deceased DID NOT have a will, do you still have to pay back the loan?

Last Answer : You still owe the estate. The court will decide who gets the money but the debt is property of the estate.

Description : What happens to the things you owe money on when you are in jail?

Last Answer : Pretty sure you’re not given any sort of pass by your creditors if you end up in jail.

Description : If the person I owe money to dies, do I still owe the debt?

Last Answer : I think the money is still owed even after death. This person is probably the executor of the estate, to put a face on things.

Description : Lazy Larry agreed to work on a job for his brother-in-law for thirty hours at eight dollars an hour, on the condition that he would forfeit ten dollars per hour for every hour that he idled. At the ... -in-law any money either. How many hours did Larry work and how many hours did he idle? -Riddles

Last Answer : Lazy Larry worked 16-2/3 hours and idled 13-1/3 hours. 16-2/3 hours, at $8.00 an hour amounts to the same amount as 13-1/3 hours at $10.00 per hour.

Description : Based on the tax refund cycle chart if your refund isn't deposited on the scheduled date does it automatically mean it has to be reviewed?

Last Answer : My daughter is having EXACTLY the same problem. She filed on the 2nd as well and was supposed to get it on Wednesday, the 15th. When she calls, all she gets is, It hasn't been processed yet ... track their refunds on line, but that returns are being processed normally. Doesn't sound like it to me.

Description : Operational audit differs in many ways from an audit of financial statements. Which of the following is the best example of one of these differences? a. The usual audit of the financial statement ... audit are often drawn from an organization chart and are not limited to a single accounting period.

Last Answer : The boundaries of an operational audit are often drawn from an organization chart and are not limited to a single accounting period.

Description : The pie chart shows proportions of income tax paid by a population of eight individuals. Each individual's tax share is shown in a different slice of the pie. Which of the statements can be ... the population. D. Some individuals paid more than double the taxes as compared to some others.

Last Answer : A B D

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 : Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Last Answer : Sure: I think it bothers most of the 99%.

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 : What online personal income tax software for both federal and state taxes can you recommend?

Last Answer : I recommend online personal income tax software for both federal and state taxes, as well as software to help you file an extension if you need it.cutt.ly/JjWSDSE

Last Answer : : Under the Income Tax Ordinance 1974, two types of taxes are levied: 1) Personal Income Tax 2) Corporate Income Tax

Description : ARE THE TAXES A BUSINESS PAYS ON SUPPLIES, TRAINING , UTILIES ETC... CAN THAT BE USED AS TAXES PAID ON THE TAX FORMS?

Last Answer : Need Answer

Description : Why do we have to an inheritance tax when the previous owners paid taxes on them when they purchased them?

Last Answer : Inheritance taxes and property taxes are entirely separate issues. Regardless of whether or not we agree with taxes you still have to abide by them. I personally don't agree with the scope of inheritance taxes, however the government considers an inheritance taxable income.

Description : Will I incur a tax penalty if I compute my taxes incorrectly when I file?

Last Answer : There will be a tax penalty if the error you made resulted in less taxes to be paid to the IRS. If you overpaid as a result of your error, then of course you don't owe any penalty at ... are offering a guarantee to pay for any tax penalties that result from mistake they made when filing your forms.

Description : Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Last Answer : No. However, you can deduct property taxes from your federal tax liability.