Archive for August, 2009

 

Do you need to pay taxes on money made donating ***** ?

Sunday, August 30th, 2009
taxes
Jabbles asked:


Do you need to pay taxes on money made donating ***** / *****?

Also i think ive heard that there is actually an incentive to deduct taxes if you donate, is at all true?

 

What is the difference between Federal/National taxes and state taxes?

Friday, August 28th, 2009
taxes
sheonlylovesherstereo asked:


Can anyone give me specifics as to why these two taxes differ?
Also, isn’t there something about “federalism” that says the federal government can’t take money from the state taxes?

Any help would be awesome : )!
And if you have the sources for the information, that’d be great too!

 

What taxes does a company pay for its earnings?like federal tax, state tax, social security tax, medicare etc?

Friday, August 28th, 2009
taxes
Rocker asked:


An employee pays federal tax, state tax, medicare tax, SUI/SDI tax and social security tax.. But, what type of taxes does a company pay for its profit/earnings?

 

What taxes do I have to pay working for minimum wage?

Thursday, August 27th, 2009
taxes
Tyler asked:


I’m planning on getting a job this summer, and I was wondering what taxes would be deductible from my pay check, just to get a rough idea of my actual earnings. I’ll be working in the state of Illinois by the way. Thanks!

 

what happens on tax return if I owe taxes from last year?

Wednesday, August 26th, 2009
taxes
Rod M asked:


I owe taxes from 2006 to federal and state. I didn’t have the money to pay them.

 

Can I deduct the property taxes and mortgage interest when I file my taxes in MD?

Tuesday, August 25th, 2009
taxes
q_sowell asked:


I use Turbo Tax to file my taxes and I receive my interest statements from my bank for filing — my bank also handles paying my insurance and property taxes — In addition to deducting my mortgage insurance on my filing, can I also deduct the property taxes that were paid that year? and if so, where on my return to do I specify this deduction?

 

Taxes?

Monday, August 24th, 2009
taxes
Tricia O asked:


I need to file taxes for 2006 and i know i can’t efile but if i go to irs.gov i can download and print these forms. does nayone know which forms i need to file for federal and state? The state is PA

 

Taxes?

Monday, August 24th, 2009
taxes
anonymous asked:


what percent of taxes does the state take out of a paycheck in montana
also federal percentages and anything else they might take out like medicare
maybe give me some websites or something
oh i claimed zero because i am living off of my parents

 

How do you book payroll taxes when it is paid by an outside service?

Sunday, August 23rd, 2009
taxes
mymax asked:


The taxes need to come out of the bank account for reconciliation. But I also would like to put it into the proper federal and state tax accounts.

 

Is it worth paying more property taxes for a home I am planning to buy?

Friday, August 21st, 2009
taxes
JohnPau2010 asked:


I am planning to buy my first home and there are some homes which have property taxes around 3k-4.5K /year

There are some newly constructed homes(2004-2005 model) and they have higher taxes of around 6k – 7K/year.

1) Is it worth buying these newly constructed homes with those higher property taxes ?

2) Any other pros & cons you could suggest.
May be the newly constructed ones have the SSA taxes as well