what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?

what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?
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what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13.000?
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Description : 108,991.20 tax tables for filing jointly but at a higher single rate and married w/0 dependents?

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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

The Pros and Cons of Married Filing Jointly?

Description : The Pros and Cons of Married Filing Jointly?

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What is medicare deductible How much is allowed for mileage to and from medical doctors and hospitals?

Description : What is medicare deductible How much is allowed for mileage to and from medical doctors and hospitals?

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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

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

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

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)

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 recovery of amount exceeding his share. B. Deepak is entitled to recover ` 30,000 each from Ashwani and Tarun C. On payment by Deepak, the contract is discharged and Ashwani and Tarun are also not liable to Deepak. D. Pradeep is not justified here and is liable to refund the entire amount to Deepak.

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

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 working member for which, he was to receive 10% of the profits. The profit earned was Rs. 3700. Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

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

what is A website charges $1 to download a game and $13 membership fee. Write an expression that gives the total cost in dollars to download "g" games.?

Description : what is A website charges $1 to download a game and $13 membership fee. Write an expression that gives the total cost in dollars to download "g" games.?

Last Answer : what is A website charges $1 to download a game and $13 membership fee. Write an expression that gives the total cost in dollars to download "g" games.

.If a product’s Price was $20, its Material $8, and its Labor $7, the Margin Per Unit would be: a. $12. b. $13. c. $1. d. $5.

Description : .If a product’s Price was $20, its Material $8, and its Labor $7, the Margin Per Unit would be: a. $12. b. $13. c. $1. d. $5.

Last Answer : d. $5.

Is health insurance tax deductible?

Description : Is health insurance tax deductible?

Last Answer : Here’s the whole megillah: http://www.irs.gov/publications/p502/index.html

Is a NEW car tax deductible if you own a business?

Description : Is a NEW car tax deductible if you own a business?

Last Answer : You will probably want to depreciate it over a period of time. Say 3 years.

Which services are subject to income tax deductible at source ? What is the tax rate ?

Last Answer : Fees for professional services Fees for technical services No fees or fees or commissions in whatever name they are paid to a director , which is not in the nature of salary Income Royalty Any aggregate income referred to in clause ( VA) of Chapter 28 Related to incomplete payments

Are election expenses tax deductible in US?

Description : Are election expenses tax deductible in US?

Last Answer : According to the IRS, any type of elections donation or contribution is not tax deductible. This includes contributing to a Political candidate, a campaign fund or even a newsletter. In your case, this ... If you decide to attend a political dinner, you can't deduct this from your taxes either.

Is installing a new air conditioning tax deductible?

Description : Is installing a new air conditioning tax deductible?

Last Answer : Is an energy efficient air conditioner installed in your hometax deductible

Are eye glasses tax deductible?

Description : Are eye glasses tax deductible?

Last Answer : Need answer

What are some charitable organizations I can donate to that are tax deductible?

Description : What are some charitable organizations I can donate to that are tax deductible?

Last Answer : The charitable organizations which provide tax deductions for donations include Green Planet, City International, For Humanity, Christian Mission, Parents and Children Together etc,

Is a car repair tax deductible?

Description : Is a car repair tax deductible?

Last Answer : a car repair can be tax deductible. but typically the stipulation is that the repair would have to be done on a vehicle used for work. typically something self employed people may have the privilage of doing.

Are your expenses tax deductible when you work at home?

Description : Are your expenses tax deductible when you work at home?

Last Answer : If you are an employee and itemize your deductions, you can deduct unreimbursed employee expenses subject to a number of limits. If you are a contractor or sole proprietor, you can take them off of ... that expenses for your home office are complicated and can be an audit trigger, so contact a CPA.

Are HELOC loans tax deductible?

Description : Are HELOC loans tax deductible?

Last Answer : If HELOC was used to improve your home, the interest paid on the loan is tax deductible up to 1 million dollars. If HELOC was used for other purposes, you can deduct the interest up to $100,000.

Is my car donation tax deductible?

Description : Is my car donation tax deductible?

Last Answer : Yes, car donations are deductible. Check with the group you donate the car to. If the organization you donate to is a registered charity, yes.

Where can I make a tax deductible car donation?

Description : Where can I make a tax deductible car donation?

Last Answer : You can make a tax deductible car donation at donateacar.com

I need to know if metal roofing is tax deductible, and what the general prices are for metal roofing.?

Description : I need to know if metal roofing is tax deductible, and what the general prices are for metal roofing.?

Last Answer : The average values nationwide associated with a typical roof renovation of 30 squares of standing seam metal are about $16,500 for the cost of the job. Since December 2010, the government can give tax deductibles to qualifying metal roofs up to 30% of the cost.

Financing availability and is it tax deductible?

Description : Financing availability and is it tax deductible?

Last Answer : The 529 college savings plan does not offer a tax deductible on federal income tax returns, however the contributions are considered gifts and come out tax free.

What can you tell me about a Roth IRA tax deductible?

Description : What can you tell me about a Roth IRA tax deductible?

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I need more information or advice about IRA tax deductible.?

Description : I need more information or advice about IRA tax deductible.?

Last Answer : There is no deduction for a Roth IRA. The advantage is given when you take money out of he roth after retirement. No tax is paid on the interest earned on the roth IRA.

Is there an age requirement for receiving medicare coverage?

Description : Is there an age requirement for receiving medicare coverage?

Last Answer : You must be 65 years of age or older to receive Medicare benefits. All the details of the program can be found at Medicare.gov and this site (ssa.gov/pubs/10043.html) has the medicare ... head for medicare coverage but other than that any one of any age can receive medicare coverage if eligible.

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 the client concerned jointly (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961

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.

Any retirees here who do volunteer work?

Description : Any retirees here who do volunteer work?

Last Answer : My grandma taught English for a while, as a tutor. Would that be an option? You would probably make a great math tutor.

Retirees: How do you refer to your position?

Description : Retirees: How do you refer to your position?

Last Answer : answer:My dad does his own booking business in his retirement, and he hates when it is worded the way I just worded it. I'm not exactly sure why it bothers him, but it seems to me he ... their pensions and they made less than a lot of peers during their career, but have the benefit of pensions.

Are dual-citizen retirees in Ukraine taking advantage of Hungary? That he is claiming a pension from Hungary as a dual citizen.

Description : Many people talk about this, but they can't decide whether to take advantage of or take advantage of what they can do legally.

Last Answer : The opportunity is given to them. If you think about it better, you would do the same. He would take the opportunity.

What is total number of IBM retirees in the US?

Description : What is total number of IBM retirees in the US?

Last Answer : Need Answer

Job Prospects For Military Retirees ?

Description : Job Prospects For Military Retirees ?

Last Answer : Most people that retire from the military are able to continue working because they have acquired a number of valuable skills. Whether you learned how to run military computer systems or became a weapons ... come across. This will help you to become a more attractive job candidate once you retire.

do retirees pay state income taxes in Alabama?

Description : do retirees pay state income taxes in Alabama?

Last Answer : No

When my income was $100,000, I paid $10,000 in taxes. When my income became $200,000, I paid $40,000 in taxes. My marginal tax rate is: a. 10% b. 20% c. 30% d. 40%

Description : When my income was $100,000, I paid $10,000 in taxes. When my income became $200,000, I paid $40,000 in taxes. My marginal tax rate is: a. 10% b. 20% c. 30% d. 40%

Last Answer : c. 30%

When my income was $100,000, I paid $10,000 in taxes. When my income became $200,000, I paid $40,000 in taxes. My marginal tax rate is: a. 10% b. 20% c. 30% d. 40%

Description : When my income was $100,000, I paid $10,000 in taxes. When my income became $200,000, I paid $40,000 in taxes. My marginal tax rate is: a. 10% b. 20% c. 30% d. 40%

Last Answer : c. 30%

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. ?

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.

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

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

When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Description : When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Last Answer : answer:There are tax preparers that will give you a “tax refund” loan. But they will charge you a lot for the privilege of a short term loan. And you have to get your return done by them. Check with H&R Block if you can have it electronically deposited at a third party.

What are the requirements for filing income tax return ?

Last Answer : Income tax return is the means of presenting a brief statement of the taxpayer's annual income to the income tax authority . Taxpayer's annual income-expenditure and assets and liability ... the stipulated time , the concerned taxpayer will be penalized by the Deputy Commissioner of Taxes.

What is the penalty for not filing my tax return?

Description : Is there any penalty at all for this?

Last Answer : Yes! There is a HUF 500,000 penalty if you do not submit it, or if you submit it after the penalty has been imposed, you will still have to pay!

What are the procedures for filing back tax returns?

Description : What are the procedures for filing back tax returns?

Last Answer : Filing your taxes is something that everyone has to do on a yearly basis. To file these back returns it is highly suggested to go to a tax preparer, but one can file themselves by requesting the back tax filing paperwork from the IRS.

What are some small business tax information a business owner should know before filing?

Description : What are some small business tax information a business owner should know before filing?

Last Answer : You can go to the following website to find all of the tax information you need to know for a small business: http://www.irs.gov/businesses/small/. They have a lot of useful information.

How long is the average time after filing your income tax return that you will receive your refund?

Description : How long is the average time after filing your income tax return that you will receive your refund?

Last Answer : You can usually expect to get your tax return refund 21 days or more from the filing date depending on how you file.

Is there free tax return filing online?

Description : Is there free tax return filing online?

Last Answer : Many websites offer free tax return services. The most accredited are TurboTax, and H&R Block.

Is there an official government website that lists free tax filing companies?

Description : Is there an official government website that lists free tax filing companies?

Last Answer : Yes, the IRS.gov/freefile website is an official Internal Revenue Service (IRS) website that has a list of free tax filing companies. Many of these free tax filing companies may have restrictions on income and other factors.

Other than Turbo Tax what other IRS free tax filing services or software is there?

Description : Other than Turbo Tax what other IRS free tax filing services or software is there?

Last Answer : Other popular websites include TaxAct.com, HRBlock.com, FreeTaxUSA.com and many others. The IRS.gov/freefile website has a list of companies that offer free tax filing. There may be income and other restrictions as well as costs for state tax filings.

How reliable is LLC Tax Software for all my tax filing needs?

Description : How reliable is LLC Tax Software for all my tax filing needs?

Last Answer : I would be more likely to trust a popular tax software such as Turbo Tax. Their software is cheap and reliable and will give you step by step instructions for filing your taxes.

How can I do electronic tax filing?

Description : How can I do electronic tax filing?

Last Answer : Turbotax is a great resource for people wanting to electronically file. They have an easy to use interface that walks you through the tax filing process step by step.