What are taxes that you pay to the federal government?

What are taxes that you pay to the federal government?
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Do you pay state income taxes or do they refund you like federal income taxes do?

Description : Do you pay state income taxes or do they refund you like federal income taxes do?

Last Answer : The last 4 years, I have had to pay the Feds, and got less money back from the State.

I had to pay money to state and federal last year. Can that money be claimed on this years taxes?

Description : I had to pay money to state and federal last year. Can that money be claimed on this years taxes?

Last Answer : how much is $60 add tax You can deduct the 2009 State Taxes you paid in 2010 on Schedule A (if you itemize). Federal tax payments are not deductible according to the IRS Website

Can you pay your federal taxes online?

Description : Can you pay your federal taxes online?

Last Answer : Yes, you can pay your federal taxes online using a credit card, if you have one. You will need to go to the website stated on your return and then follow the instructions given.

What happens if you don't pay your federal income taxes?

Description : What happens if you don't pay your federal income taxes?

Last Answer : If you don't pay federal income taxes, eventually you will eventually be investigated by the IRS. From there you will either have the money taken from you, your wages garnished or you may go to prison depending on the severity of the crime.

Which one of the following is an item included in the list of Fundamental Duties of an Indian citizen inthe Constitution? (1) To practice secularism, (2) To develop scientific temper, humanism and the spirit of enquiry and reform. (3) To pay all taxes to government regularly and correctly. (4) Not to assault any public servant in the (during) performance of his duties.

Description : Which one of the following is an item included in the list of Fundamental Duties of an Indian citizen inthe Constitution? (1) To practice secularism, (2) To develop scientific temper, humanism and the ... correctly. (4) Not to assault any public servant in the (during) performance of his duties.

Last Answer : (2) To develop scientific temper, humanism and the spirit of enquiry and reform Explanation: The fundamental duty is: to develop the scientific temper, humanism and the spirit of inquiry and reform. There are 11 fundamental duties under Article 51A of the Indian Constitution.

What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.

6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment spending is $2000. In order to avoid recessions and inflation (to have equilibrium), the government should have a: a. balanced budget b. budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Last Answer : c. budget surplus of $1000

What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Description : What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods 

Last Answer : A single tax that replaces State taxes like, surcharge, turnover tax, etc. 

What do you think the chances are The President and Congress get rid of mortgage interest and property taxes being a deduction on federal income taxes?

Description : What do you think the chances are The President and Congress get rid of mortgage interest and property taxes being a deduction on federal income taxes?

Last Answer : From what I hear, it is Republicans who are talking about closing “loopholes” and capping deductions more than Democrats. But whether it, or anything will happen, I don’t know. And I doubt it could effect this year’s taxes anyway.

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

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

Can interest on Home Equity loan be deducted from federal taxes

Description : Can interest on Home Equity loan be deducted from federal taxes

Last Answer : The interest on most home equity loans is tax deductible. There are limitations to interest deductions for home equity loans depending on what the loan is used for. For more information about home equity loan tax deductions, see IRS Publication 936, Home Mortgage Interest Deduction .

already filed federal where can i file state taxes only for free online”?

Description : already filed federal where can i file state taxes only for free online”?

Last Answer : already filed federal where can i file state taxes only for free online””

I have Form 1099R in my posession, which Form do I need to file my information in order to receive my federal income taxes withheld?

Description : I have Form 1099R in my posession, which Form do I need to file my information in order to receive my federal income taxes withheld?

Last Answer : I have Form 1099R in my posession, which form o I need to file my information in order to receive my federal income taxes with held?

Where should I look to estimate my federal taxes?

Description : Where should I look to estimate my federal taxes?

Last Answer : I, myself use Turbo tax. Turbo tax will estimate and fill your taxes, or you may want to go to your local tax advisor.There are free tax services to help you.

Can I file my federal taxes for free?

Description : Can I file my federal taxes for free?

Last Answer : Yes, you can file your federal taxes for free. Here's a link to a website that will guide you through how to file your taxes for free. http://www.irs.gov/efile/article/0,,id=118986,00.html

How much do I have to earn before I start paying federal income taxes?

Description : How much do I have to earn before I start paying federal income taxes?

Last Answer : If self-employment is your only income for the year, the filing threshold is $400 for the entire year. This figure is the total amount that you earned before your have deducted your business expenses. You will need to fill out Schedule C or C-EZ to document self-employment income and expenses.

What are deductions allowed when calculating federal income taxes?

Description : What are deductions allowed when calculating federal income taxes?

Last Answer : The deductions allowed whe calculating federal income taxes are as follow: Mortgage interest, charitable contributions, job expense, miscellanoous expense, medical expense in excess of 7.5 of income, and payment of state and local property taxes.

Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Description : Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Last Answer : c. the sales tax

4. Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Description : 4. Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Last Answer : c. the sales tax

Do you pay taxes if you buy an island and how much?

Description : Do you pay taxes if you buy an island and how much?

Last Answer : Depends on where the island is? Where is said island?

How would it work out if your voting power was decided by how much taxes you pay?

Description : How would it work out if your voting power was decided by how much taxes you pay?

Last Answer : I don’t think that would work so well. The rich people would get more votes out.

Do I have to pay taxes on my deceased father's p/u truck in order to put it in my name?

Description : Do I have to pay taxes on my deceased father's p/u truck in order to put it in my name?

Last Answer : You’ll have to go online for Idaho. Each state is a little different. In mine, yes you’d need a personal property tax receipt, even if it was paid. Should all be in the glovebox I’d think from his last time registering.

Do you have to pay taxes on an insurance settlement?

Description : Do you have to pay taxes on an insurance settlement?

Last Answer : When I got a settlement for an accident, I asked several times, and was told I do NOT have to pay taxes on that.

What state do you pay taxes to if you work at home, but are employed by a company in another state?

Description : What state do you pay taxes to if you work at home, but are employed by a company in another state?

Last Answer : The company address on your pay stub, is where you are taxed from if you get a W-2 at the end of the year. If you are a contractor and the 1099 form is the tax form issued by the company than it is where you work from ( Missouri ).

Do you have to pay sales taxes on intangible things sold on the internet?

Description : Do you have to pay sales taxes on intangible things sold on the internet?

Last Answer : It is a service they pay for, so taxes apply in any case, and yes, it is always your responsibility.

Do you pay estimated taxes as a freelancer?

Description : Do you pay estimated taxes as a freelancer?

Last Answer : What do you do?

Republicans: Can we agree to raise taxes enough to pay back the money spent on the wars?

Description : Republicans: Can we agree to raise taxes enough to pay back the money spent on the wars?

Last Answer : How much would we have to raise and how would we raise taxes, @JLeslie?

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?

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%.

Are people allowed to pay more taxes than asked for? How would someone go about asking for permission to do so?

Description : Are people allowed to pay more taxes than asked for? How would someone go about asking for permission to do so?

Last Answer : There are people that would do that??

When do I have to pay taxes if I'm given stock options for services?

Description : When do I have to pay taxes if I'm given stock options for services?

Last Answer : Is the company stock listed publicly? Where do you live? Options are different to actual stocks. Be careful.

What do you do when your boss refuses to pay you, I asked him to hold out taxes, or 1099 me. he keeps telling me the checks have not cleared the bank!

Description : What do you do when your boss refuses to pay you, I asked him to hold out taxes, or 1099 me. he keeps telling me the checks have not cleared the bank!

Last Answer : answer:Tell him if he does not pay up. You are going to notify the state, and IRS (tax fraud) and local police department (civil). You will also be contacting the better business bureau (price gouging) ... promised you would be paid. You need to see this as if you will never see your money again.

How do I legally trade cars with my daughter and not have to pay taxes?

Description : How do I legally trade cars with my daughter and not have to pay taxes?

Last Answer : Welcome to fluther, @eddieboy. I don’t know, just wanted to welcome you. :-)

What do you think I'll have to pay in taxes next year...

Description : What do you think I'll have to pay in taxes next year...

Last Answer : Look online for Tax Tables. They’ll show you, by income category, what you’ll pay.

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?

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.

How did Americans pay taxes before 1922?

Description : How did Americans pay taxes before 1922?

Last Answer : answer:it was originally handled by IT officers that were part of sanctioned local government. It was not heavily enforced and, even in large towns, there were only a handful of IT officers on staff. Often times IT would be handled by “Land Revenue Officers” Highest Regards, Daniel Riser

My inlaws do not pay taxes can this effect my family?

Description : My inlaws do not pay taxes can this effect my family?

Last Answer : No. their debt is their debt. When they die, the creditors have to be paid out of their estate before their heirs, and that is the only way it could effect you, unless of course you co-signed on a loan or something.

Why should citizens of the state pay regular taxes ?

Description : Why should citizens of the state pay regular taxes ?

Last Answer : As members of society and citizens of the state, we enjoy a variety of privileges and rights. That is why we have some responsibilities and duties towards the society and the state. One of the many ... the taxes paid to the citizens. Therefore, it is the duty of the citizens to pay regular taxes.

Do I pay taxes when I rent an apartment?

Description : I earn 15,000 as an employee. In time, I will rent an apartment for about 8,000 CZK. Do I have to pay taxes on it? I'd rather ask in advance. Thanks

Last Answer : http://www.finance.cz/zpravy/finance/29026-vite-jak-se-dani-prijmy-z-pronajmu-bytu/

Do you pay higher taxes with a higher income?

Last Answer : but it is necessary to define what is meant by the word "income" higher taxable income = higher tax or tax base is the amount by which (total) income exceeds (demonstrable) expenses and deductions from ... -employed and companies can push the base to zero or to a loss, regardless of the total income

Do I pay taxes on the sale of photographs?

Description : If I want to sell my nature photos on SHUTTERSTOCK, do I have to have a trade? And how do I pay taxes?

Last Answer : technically - you don't have to. practically - you don't have to either, but when it comes to untaxed money (income), look forward to it. (tuxedo)

Until when to pay property taxes?

Description : Hello, I have a question. Is there a deadline for paying property taxes? Thank you Petr K.

Last Answer : Real estate tax is payable by 31.5. every year. Usually the tax authorities send slips, but it is the duty of every property owner to keep track of the date.

How much does veterinarians pay in taxes?

Description : How much does veterinarians pay in taxes?

Last Answer : Need answer

What is the 1765 rule that colonists pay taxes on all paper materials?

Description : What is the 1765 rule that colonists pay taxes on all paper materials?

Last Answer : the stamp act

When did the Jews pay taxes?

Description : When did the Jews pay taxes?

Last Answer : Jews have never been exempt from paying taxes. In many places and times, they had to pay more taxes than anyone else.A very few examples:The "Fiscus Judaicus" tax levied by the Romans ... addition to whatever taxes applied to the general population. Very many other examples could also be given.

Do I have to pay taxes on a car I received as a gift?

Description : Do I have to pay taxes on a car I received as a gift?

Last Answer : If it's in your name Yes you do.-------------------------------------------------------------------------Yes, the gift is income and must be reported ... old enough.Check with a tax professional if you have trouble finding the gift limit to check if you must report the gift income on your returns.

Why did king John make people pay huge taxes for small crimes?

Description : Why did king John make people pay huge taxes for small crimes?

Last Answer : Need answer

Do I have to pay taxes on a car I received as a gift?

Description : Do I have to pay taxes on a car I received as a gift?

Last Answer : If it's in your name Yes you do.-------------------------------------------------------------------------Yes, the gift is income and must be reported ... old enough.Check with a tax professional if you have trouble finding the gift limit to check if you must report the gift income on your returns.

Are there any grants that help disabled pay property taxes?

Description : Are there any grants that help disabled pay property taxes?

Last Answer : Are there any grants to help the disabled with proberty taxes?

How much taxes do you have to pay on $600.00?

Description : How much taxes do you have to pay on $600.00?

Last Answer : How much federal taxes do you have to pay on $600?

How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent?

Description : How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent?

Last Answer : where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. ... if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.