Tax exemption?
Q. I switched my tax papers at work so I was exempt. I needed the extra money for tuition. At the time, I was told I could switch it back for the following paycheck. I went to switch it back today and the lady in charge said that from now on they can only change it twice a year, July and January. I don't want to have to pay a lot in taxes, is there any law or anything about this? And if it really isnt possible to change, if I take the money that would have been taken out and save it in an account, will that be about how much I will owe in taxes??? I can't afford to pay a ton in taxes, please help! I am only 19, this is the first year I have to do taxes. The $200 extra made it so I had enough to pay tution without loans. I was told by a… [cont.]
Asked by Grotto Girl - Tue Aug 21 20:30:21 2007 - - 3 Answers - 0 Comments
A. I believe that you can change withholding any time you want. Just a note. you can only claim exempt if you had no tax liability in the previous year and expect to have no tax liability this year. (read the statement above your signature) If you don't meet these qualifications, you committed perjury.
Answered by Mark S - Tue Aug 21 20:53:50 2007
Q. I switched my tax papers at work so I was exempt. I needed the extra money for tuition. At the time, I was told I could switch it back for the following paycheck. I went to switch it back today and the lady in charge said that from now on they can only change it twice a year, July and January. I don't want to have to pay a lot in taxes, is there any law or anything about this? And if it really isnt possible to change, if I take the money that would have been taken out and save it in an account, will that be about how much I will owe in taxes??? I can't afford to pay a ton in taxes, please help! I am only 19, this is the first year I have to do taxes. The $200 extra made it so I had enough to pay tution without loans. I was told by a… [cont.]
Asked by Grotto Girl - Tue Aug 21 20:30:21 2007 - - 3 Answers - 0 Comments
A. I believe that you can change withholding any time you want. Just a note. you can only claim exempt if you had no tax liability in the previous year and expect to have no tax liability this year. (read the statement above your signature) If you don't meet these qualifications, you committed perjury.
Answered by Mark S - Tue Aug 21 20:53:50 2007
How do you obtain tax exemption without being a nonprofit organization?
Q. Our Home and School association has a tax exempt ID, yet we are not a non-profit organization. How is that possible? How would we have obtained tax exemption? No one in the organization seems to know. What criteria could be used for obtaining a tax exempt ID? And this isn't as important right now, but how do you go about becoming a nonprofit organization? Did you ever hear of a Home and School Association being such? Thanks.
Asked by my4potatoes - Mon Mar 26 11:34:01 2007 - - 2 Answers - 1 Comments
A. That depends on what you mean by "non-profit." Some organizations are tax-exempt, and some are also able to receive tax-deductible charitable contributions. As the first link explains, the IRS permits or denies "tax-exempt" status for qualifying organizations, but "non-profit" status is a label used by state laws. Federal tax-exempt status can be requested by filing Form 1023. You may be able to verify your associations status by doing a search. If you know their exact name or (better yet) their EIN, you can look them up on sites like Melissadata.com (see below); if your organization comes up, it will say what IRS status they have (such as 501(c)(3)). Hopefully the below links will help clarify things for you. Good luck! :-)
Answered by Mr Tax Preparer - Mon Mar 26 11:53:21 2007
Q. Our Home and School association has a tax exempt ID, yet we are not a non-profit organization. How is that possible? How would we have obtained tax exemption? No one in the organization seems to know. What criteria could be used for obtaining a tax exempt ID? And this isn't as important right now, but how do you go about becoming a nonprofit organization? Did you ever hear of a Home and School Association being such? Thanks.
Asked by my4potatoes - Mon Mar 26 11:34:01 2007 - - 2 Answers - 1 Comments
A. That depends on what you mean by "non-profit." Some organizations are tax-exempt, and some are also able to receive tax-deductible charitable contributions. As the first link explains, the IRS permits or denies "tax-exempt" status for qualifying organizations, but "non-profit" status is a label used by state laws. Federal tax-exempt status can be requested by filing Form 1023. You may be able to verify your associations status by doing a search. If you know their exact name or (better yet) their EIN, you can look them up on sites like Melissadata.com (see below); if your organization comes up, it will say what IRS status they have (such as 501(c)(3)). Hopefully the below links will help clarify things for you. Good luck! :-)
Answered by Mr Tax Preparer - Mon Mar 26 11:53:21 2007
Where do I get a tax exemption certificate for the state of NY, to exclude paying taxes for a business?
Q. I started a company to make business relationships with manufactures and get products at wholesale to resell them, but the manufactures require a tax exemption certificate. Where can I get one for NY?
Asked by Jay S - Fri Nov 28 22:50:47 2008 - - 3 Answers - 0 Comments
A. Jay, Go to the NYS web site Look at ST120 form to ST 124 to see which form applies to you. Hope this helps.
Answered by xtraheavy01 - Fri Nov 28 23:00:19 2008
Q. I started a company to make business relationships with manufactures and get products at wholesale to resell them, but the manufactures require a tax exemption certificate. Where can I get one for NY?
Asked by Jay S - Fri Nov 28 22:50:47 2008 - - 3 Answers - 0 Comments
A. Jay, Go to the NYS web site Look at ST120 form to ST 124 to see which form applies to you. Hope this helps.
Answered by xtraheavy01 - Fri Nov 28 23:00:19 2008
Does one get tax exemption for a mortgage on a home owned abroad?
Q. Hi, I am a "resident alien". My home country is India. Do I get an exemption or tax credit for the mortgage I pay on my home in India? Indian tax laws gave me an exemption. US tax laws do so if I had a home here. But its not clear whether I can get an exemption if the home is in India. Thanks Ankush
Asked by rock7565 - Thu Feb 14 22:41:47 2008 - - 1 Answers - 0 Comments
A. You may include the interest you paid on Form Schedule A, Itemized deductions. The mortgage interest is deductible if it is secured by your main home, or your second home. It must be a mortgage in your name. Only the interest paid is deductible. There is no requirement that the home must be in the USA. If you do not own a home in the US, then there is no mortgage interest on your main home. Your second home would be in India, and your mortgage interest is deductible. If your home in India, is rented to others, then you need to follow other rules. It is considered business property if you are renting it to others while you live here in the US. The real estate taxes that you paid are generally also deductible on Schedule A Be sure… [cont.]
Answered by AngeloElectro - Fri Feb 15 02:02:35 2008
Q. Hi, I am a "resident alien". My home country is India. Do I get an exemption or tax credit for the mortgage I pay on my home in India? Indian tax laws gave me an exemption. US tax laws do so if I had a home here. But its not clear whether I can get an exemption if the home is in India. Thanks Ankush
Asked by rock7565 - Thu Feb 14 22:41:47 2008 - - 1 Answers - 0 Comments
A. You may include the interest you paid on Form Schedule A, Itemized deductions. The mortgage interest is deductible if it is secured by your main home, or your second home. It must be a mortgage in your name. Only the interest paid is deductible. There is no requirement that the home must be in the USA. If you do not own a home in the US, then there is no mortgage interest on your main home. Your second home would be in India, and your mortgage interest is deductible. If your home in India, is rented to others, then you need to follow other rules. It is considered business property if you are renting it to others while you live here in the US. The real estate taxes that you paid are generally also deductible on Schedule A Be sure… [cont.]
Answered by AngeloElectro - Fri Feb 15 02:02:35 2008
Which states have the clothing tax exemption?
Q. I know that New York and Minnesota have the clothing tax exemption, but what other states have it?
Asked by Therese H - Tue Jan 30 10:18:33 2007 - - 2 Answers - 0 Comments
A. MA on single items of clothing that cost less than a certain amount. Used to be $175 but that was way back in the 60s that that amount was in effect. If it hasn't changed since then I'll be there are a lot of shoes being sold singly in the Bay State!
Answered by Bostonian In MO - Tue Jan 30 11:46:25 2007
Q. I know that New York and Minnesota have the clothing tax exemption, but what other states have it?
Asked by Therese H - Tue Jan 30 10:18:33 2007 - - 2 Answers - 0 Comments
A. MA on single items of clothing that cost less than a certain amount. Used to be $175 but that was way back in the 60s that that amount was in effect. If it hasn't changed since then I'll be there are a lot of shoes being sold singly in the Bay State!
Answered by Bostonian In MO - Tue Jan 30 11:46:25 2007
How can one claim tax exemption on housing loan repayment?
Q. If self and spouse are joint borrowers then can each avail the full exemption. Can part exemption is allowed e.g. Husband takes the full interest part of loan repayment and part payment of the principal. While remaining part of the principal is availed by wife for tax exemption. Is this allowed and if yes under which rule of income tax?
Asked by Sameer D - Thu Jan 22 01:15:10 2009 - - 3 Answers - 0 Comments
A. Not really. The interest and the Principal split is dependent on the amount paid from your individual pockets and the exemption ration is also the same ideally. The problem is tracked against the loan account and not with respect to who pays how much. The aforementioned is the ideal case. Since you wife is also earning and she is part of the loan, there is no reason why both of you should not claim partly.
Answered by Prasanth - Thu Jan 22 08:18:14 2009
Q. If self and spouse are joint borrowers then can each avail the full exemption. Can part exemption is allowed e.g. Husband takes the full interest part of loan repayment and part payment of the principal. While remaining part of the principal is availed by wife for tax exemption. Is this allowed and if yes under which rule of income tax?
Asked by Sameer D - Thu Jan 22 01:15:10 2009 - - 3 Answers - 0 Comments
A. Not really. The interest and the Principal split is dependent on the amount paid from your individual pockets and the exemption ration is also the same ideally. The problem is tracked against the loan account and not with respect to who pays how much. The aforementioned is the ideal case. Since you wife is also earning and she is part of the loan, there is no reason why both of you should not claim partly.
Answered by Prasanth - Thu Jan 22 08:18:14 2009
Is interest exemption on housing loan tax exempted even if possession of house is not given ?
Q. I have taken an house loan from HDFC in 2009-10 but the flat will be given posseion only in July 2010, although EMI has already commenced. Can I claim tax exemption in this year on the interest, though I have not got posseion of the flat. Construction is 80& through.
Asked by Pinaki - Sat Dec 5 13:51:45 2009 - - 3 Answers - 0 Comments
A. Pre-construction period The time between the date on which loan is taken and 31 March of the year immediately before which the property is acquired, possessed or construction completed is called the pre-construction period. The interest paid or payable in the pre-construction period is not available as a deduction in the year of payment of interest but it is available as deduction in five equal instalments. The first instalment is allowed as a deduction in the year in which construction or acquisition of the property is completed HMT
Answered by HMT - Mon Dec 7 00:45:27 2009
Q. I have taken an house loan from HDFC in 2009-10 but the flat will be given posseion only in July 2010, although EMI has already commenced. Can I claim tax exemption in this year on the interest, though I have not got posseion of the flat. Construction is 80& through.
Asked by Pinaki - Sat Dec 5 13:51:45 2009 - - 3 Answers - 0 Comments
A. Pre-construction period The time between the date on which loan is taken and 31 March of the year immediately before which the property is acquired, possessed or construction completed is called the pre-construction period. The interest paid or payable in the pre-construction period is not available as a deduction in the year of payment of interest but it is available as deduction in five equal instalments. The first instalment is allowed as a deduction in the year in which construction or acquisition of the property is completed HMT
Answered by HMT - Mon Dec 7 00:45:27 2009
Can a Foreign National Enjoy Tax Exemption if He Makes Donation to Indian Charity?
Q. If a foreign national makes a donation to an NGO listed in India, can he enjoy tax exemption on his donation?
Asked by Manmohan - Wed Dec 16 06:15:58 2009 - - 1 Answers - 0 Comments
A. A foreign national also can enjoy tax exemption if he makes a donation to Indian Charitable Organizations in india provided he has taxable income in India. For a donation given in India, he cannot get exemption abroad in any other country. Exemption on the donations given to charities has nothing to do with nationalities of tax payers but only on facts whether they have income in India and whether they are liable to pay Indian Income Tax.
Answered by subasu - Wed Dec 16 10:49:43 2009
Q. If a foreign national makes a donation to an NGO listed in India, can he enjoy tax exemption on his donation?
Asked by Manmohan - Wed Dec 16 06:15:58 2009 - - 1 Answers - 0 Comments
A. A foreign national also can enjoy tax exemption if he makes a donation to Indian Charitable Organizations in india provided he has taxable income in India. For a donation given in India, he cannot get exemption abroad in any other country. Exemption on the donations given to charities has nothing to do with nationalities of tax payers but only on facts whether they have income in India and whether they are liable to pay Indian Income Tax.
Answered by subasu - Wed Dec 16 10:49:43 2009
What should I do about this tax exemption?
Q. I have applied for the financial aid and I got the letter from my school saying that I claimed myself and my parent also claimed me as a tax exemption. We have never claimed a tax exemption or how can I know whether we claimed or not. Any idea please?
Asked by darayx0x - Wed May 6 11:55:30 2009 - - 3 Answers - 0 Comments
A. YOU are the exemption. This reduces your parent taxable income by $3,500 on their 2008 tax return..
Answered by Max Hoopla - Wed May 6 12:01:13 2009
Q. I have applied for the financial aid and I got the letter from my school saying that I claimed myself and my parent also claimed me as a tax exemption. We have never claimed a tax exemption or how can I know whether we claimed or not. Any idea please?
Asked by darayx0x - Wed May 6 11:55:30 2009 - - 3 Answers - 0 Comments
A. YOU are the exemption. This reduces your parent taxable income by $3,500 on their 2008 tax return..
Answered by Max Hoopla - Wed May 6 12:01:13 2009
How much can you donate to a 501C school foundation? Whats the maximum tax exemption?
Q. "How much can you donate to a 501C school foundation? Whats the maximum tax exemption?"
Asked by Jeff M - Sun Dec 6 18:08:50 2009 - - 2 Answers - 0 Comments
A. you can contribute up to 50% of your AGI to charities but there is a 20/30 distribution you need to check to see if your school foundation applies
Answered by tro - Sun Dec 6 20:34:44 2009
Q. "How much can you donate to a 501C school foundation? Whats the maximum tax exemption?"
Asked by Jeff M - Sun Dec 6 18:08:50 2009 - - 2 Answers - 0 Comments
A. you can contribute up to 50% of your AGI to charities but there is a 20/30 distribution you need to check to see if your school foundation applies
Answered by tro - Sun Dec 6 20:34:44 2009
In a home loan which amount is eligible for tax exemption ,the interest we pay or the principal we pay for it?
Q. If possible can u give me an example? If in a particular financial year if the interest paid to repay a loan is Rs. 2000 and the Principal paid is Rs 5000 then which amount will be eligible for tax exemption? the Principal or the interest?
Asked by BHAVESH - Mon Jun 7 06:36:44 2010 - - 5 Answers - 0 Comments
A. Rs.20,000 interest can be claimed in full as interest paid u/s 24 (Max. up to 1.5 lakhs for self occupied house per financial year.) Rs.5000 principle repayment can be claimed u/s 80C. (Max. Up to 1 lakh per financial year)
Answered by N J Reddy - Mon Jun 7 12:21:56 2010
Q. If possible can u give me an example? If in a particular financial year if the interest paid to repay a loan is Rs. 2000 and the Principal paid is Rs 5000 then which amount will be eligible for tax exemption? the Principal or the interest?
Asked by BHAVESH - Mon Jun 7 06:36:44 2010 - - 5 Answers - 0 Comments
A. Rs.20,000 interest can be claimed in full as interest paid u/s 24 (Max. up to 1.5 lakhs for self occupied house per financial year.) Rs.5000 principle repayment can be claimed u/s 80C. (Max. Up to 1 lakh per financial year)
Answered by N J Reddy - Mon Jun 7 12:21:56 2010
My wife is dependant on me, Can I claim any tax exemption for dependants when filing returns in United Kingdom?
Q. I work in UK and my wife is on a dependent visa, Can I claim any tax exemption for dependents when filing returns in United Kingdom? Thanks
Asked by aj - Mon Oct 12 10:09:48 2009 - - 1 Answers - 0 Comments
A. No No tax relief for spouses or children.
Answered by Philip W - Mon Oct 12 15:02:28 2009
Q. I work in UK and my wife is on a dependent visa, Can I claim any tax exemption for dependents when filing returns in United Kingdom? Thanks
Asked by aj - Mon Oct 12 10:09:48 2009 - - 1 Answers - 0 Comments
A. No No tax relief for spouses or children.
Answered by Philip W - Mon Oct 12 15:02:28 2009
Can I send my EIN application with the 1023 application for tax exemption?
Q. I was wondering if I could send my EIN (employee id number) with the 1023 application for tax exemption together in the mail. I ask this because i have filled out the EIN application and have started on the 1023 but the 1023 asks for the EIN number which I do not yet have. Can I send it in anyway?
Asked by No pseudonym - Fri Feb 19 13:21:08 2010 - - 1 Answers - 0 Comments
Q. I was wondering if I could send my EIN (employee id number) with the 1023 application for tax exemption together in the mail. I ask this because i have filled out the EIN application and have started on the 1023 but the 1023 asks for the EIN number which I do not yet have. Can I send it in anyway?
Asked by No pseudonym - Fri Feb 19 13:21:08 2010 - - 1 Answers - 0 Comments
Can I send my EIN application at the same time as my 1023 application for tax exemption?
Q. I was wondering if I could send my EIN (employee id number) with the 1023 application for tax exemption together in the mail. I ask this because i have filled out the EIN application and have started on the 1023 but the 1023 asks for the EIN number which I do not yet have. Can I send it in anyway?
Asked by No pseudonym - Fri Feb 19 13:23:23 2010 - - 2 Answers - 0 Comments
A. Why not call or use the online SS-4 form and get the EIN today and then send in the completed 1023 application with the number already on it?
Answered by the tax lady - Fri Feb 19 13:27:23 2010
Q. I was wondering if I could send my EIN (employee id number) with the 1023 application for tax exemption together in the mail. I ask this because i have filled out the EIN application and have started on the 1023 but the 1023 asks for the EIN number which I do not yet have. Can I send it in anyway?
Asked by No pseudonym - Fri Feb 19 13:23:23 2010 - - 2 Answers - 0 Comments
A. Why not call or use the online SS-4 form and get the EIN today and then send in the completed 1023 application with the number already on it?
Answered by the tax lady - Fri Feb 19 13:27:23 2010
what is chartered chapter? do state chapter of national association have to have its own IRS tax exemption?
Q. We want to incorporate a national non-profit organization, incorporated in 1 state as a national association. Can our association create chapters in different states and work freely everywhere with the same and only one IRS tax-exemption granted to the national association ? Or does every state chapter we will put in place has to apply and have its own??? Thank You. I'll appreciate your help.
Asked by Bob - Mon Nov 13 23:27:45 2006 - - 2 Answers - 0 Comments
A. What you do for this situation is you establish the non-profit entity in your home state, and get your IRS tax exemption determination letter for that entity. Then you register your entity in all the other States and territories that you plan on operating in. This is not reincorporating, just registering the presence of a foreign corporation. With each State, you will also need to aquire a State tax exemption. As part of the application, each State will want a copy of the IRS determination letter. So, yes this can be all done through a single entity with a single IRS determination letter. However, you will still have to file in every State you register in, and some of them will also require a copy of the tax return filed for tax-exemp [cont.]
Answered by tax_black_belt - Wed Nov 15 22:58:40 2006
Q. We want to incorporate a national non-profit organization, incorporated in 1 state as a national association. Can our association create chapters in different states and work freely everywhere with the same and only one IRS tax-exemption granted to the national association ? Or does every state chapter we will put in place has to apply and have its own??? Thank You. I'll appreciate your help.
Asked by Bob - Mon Nov 13 23:27:45 2006 - - 2 Answers - 0 Comments
A. What you do for this situation is you establish the non-profit entity in your home state, and get your IRS tax exemption determination letter for that entity. Then you register your entity in all the other States and territories that you plan on operating in. This is not reincorporating, just registering the presence of a foreign corporation. With each State, you will also need to aquire a State tax exemption. As part of the application, each State will want a copy of the IRS determination letter. So, yes this can be all done through a single entity with a single IRS determination letter. However, you will still have to file in every State you register in, and some of them will also require a copy of the tax return filed for tax-exemp [cont.]
Answered by tax_black_belt - Wed Nov 15 22:58:40 2006
can my brother get a tax exemption if hes buying a car out of state?
Q. he just came back from iraq and wants to buy a car in washington state, but im sure he is a california resident, can he get a tax exemption because hes buying in a different state?
Asked by inked girl - Tue Jun 5 11:03:26 2007 - - 3 Answers - 0 Comments
A. Normally sales tax is paid when and where the car is purchased, and then if the car is taken to another state, additional taxes are paid upon registration. However, military personnel purchasing a vehicle in Washington State are an exception, in that Washington State will not impose sales tax. The dealership will surely know about this and assist with the paperwork. From the Washington State Department of Revenue (edited for clarity): Military personnel may purchase and take delivery in this state of a motor vehicle, trailer, or camper for use outside this state without payment of retail sales tax if: 1. The military purchaser s residence or home of record is not in Washington; and 2. The motor vehicle, trailer, or camper is taken… [cont.]
Answered by ninasgramma - Tue Jun 5 11:10:40 2007
Q. he just came back from iraq and wants to buy a car in washington state, but im sure he is a california resident, can he get a tax exemption because hes buying in a different state?
Asked by inked girl - Tue Jun 5 11:03:26 2007 - - 3 Answers - 0 Comments
A. Normally sales tax is paid when and where the car is purchased, and then if the car is taken to another state, additional taxes are paid upon registration. However, military personnel purchasing a vehicle in Washington State are an exception, in that Washington State will not impose sales tax. The dealership will surely know about this and assist with the paperwork. From the Washington State Department of Revenue (edited for clarity): Military personnel may purchase and take delivery in this state of a motor vehicle, trailer, or camper for use outside this state without payment of retail sales tax if: 1. The military purchaser s residence or home of record is not in Washington; and 2. The motor vehicle, trailer, or camper is taken… [cont.]
Answered by ninasgramma - Tue Jun 5 11:10:40 2007
Why are churches given tax exemption - why should atheists have to pay through taxation?
Q. If we give one type of business a discount (churches) on their taxes then we have to make up for that revenue by taxing people in other ways. Why does an atheist have to pay for religiosity? I think we'd all agree giving organizations that do ONLY charitable things should have exemption but why should others have to suffer through taxation for your religiosity?
Asked by Rev. Aaron - Thu Apr 9 12:19:11 2009 - - 5 Answers - 0 Comments
A. Churches operate as charities on a not for profit basis. I haven't checked, but suspect you will find that organizations like American Atheists also have tax exemptions as educational organizations so the godless and the believers are treated equally.
Answered by mercedes - Thu Apr 9 13:42:31 2009
Q. If we give one type of business a discount (churches) on their taxes then we have to make up for that revenue by taxing people in other ways. Why does an atheist have to pay for religiosity? I think we'd all agree giving organizations that do ONLY charitable things should have exemption but why should others have to suffer through taxation for your religiosity?
Asked by Rev. Aaron - Thu Apr 9 12:19:11 2009 - - 5 Answers - 0 Comments
A. Churches operate as charities on a not for profit basis. I haven't checked, but suspect you will find that organizations like American Atheists also have tax exemptions as educational organizations so the godless and the believers are treated equally.
Answered by mercedes - Thu Apr 9 13:42:31 2009
Should the Watchtower bible & tract society be allowed the tax exemption?
Q. Being a religious organization, shouldn't they be involved in chairitable works to be eligible for the tax exemption? Shouldn't they be required to publish their financial records? Do they feed the poor, clothe the naked?
Asked by Mark D - Wed Mar 18 10:32:00 2009 - - 20 Answers - 1 Comments
A. The WTTS does NOTHING for any charitable organisation. They are a multi million dollar organisation and the sales reps (JWS) make them lots and lots of money.
Answered by yesiam - Wed Mar 18 10:37:38 2009
Q. Being a religious organization, shouldn't they be involved in chairitable works to be eligible for the tax exemption? Shouldn't they be required to publish their financial records? Do they feed the poor, clothe the naked?
Asked by Mark D - Wed Mar 18 10:32:00 2009 - - 20 Answers - 1 Comments
A. The WTTS does NOTHING for any charitable organisation. They are a multi million dollar organisation and the sales reps (JWS) make them lots and lots of money.
Answered by yesiam - Wed Mar 18 10:37:38 2009
do illegal aliens still have to file a tax exemption form?
Q. i know an illegal alien does not have to file a tax return if they make less than 8,000 dollars a year but if the person does not even have a tax id number and makes less than that amount would they still have to file a tax exemption form and they don't have a tax id
Asked by mayo2009 - Tue Jun 23 14:37:07 2009 - - 3 Answers - 0 Comments
A. Thus the issues. An illegal alien doesn't have the write to work in the US. But they do anyway. If they steal an SSN and work under fake documents with a regular employer, they will also file a fake W-4. They can't put exempt if the job is expected to pay more than $9350, but single-4 won't exactly draw suspicion. (Many illegal aliens do file a tax return and turn the W-2 in with it.) If they work as a contractor, many will avoid filing the w-9 form, but if forced to, they'll put down a fake SSN on it too. If the payer catches on after the work is done, they are supposed to withhold 30% for taxes. Logically, the employer/payer is *always* supposed to ensure the person can legally work. However, if I hire someone to do yard work… [cont.]
Answered by the tax lady - Tue Jun 23 14:45:17 2009
Q. i know an illegal alien does not have to file a tax return if they make less than 8,000 dollars a year but if the person does not even have a tax id number and makes less than that amount would they still have to file a tax exemption form and they don't have a tax id
Asked by mayo2009 - Tue Jun 23 14:37:07 2009 - - 3 Answers - 0 Comments
A. Thus the issues. An illegal alien doesn't have the write to work in the US. But they do anyway. If they steal an SSN and work under fake documents with a regular employer, they will also file a fake W-4. They can't put exempt if the job is expected to pay more than $9350, but single-4 won't exactly draw suspicion. (Many illegal aliens do file a tax return and turn the W-2 in with it.) If they work as a contractor, many will avoid filing the w-9 form, but if forced to, they'll put down a fake SSN on it too. If the payer catches on after the work is done, they are supposed to withhold 30% for taxes. Logically, the employer/payer is *always* supposed to ensure the person can legally work. However, if I hire someone to do yard work… [cont.]
Answered by the tax lady - Tue Jun 23 14:45:17 2009
Ohio sales tax exemption for a business?
Q. I have inadvertantly started a management consulting firm in Ohio. I need to buy a printer and other office type stuff for this new concern. Can I use an Ohio sales tax exmption when I buy stuff for a consulting firm or is that only for manufacturing, and farming? If I can't use an exemption can I at least write the state sales taxes off on my federal income tax return?
Asked by faceman888 - Thu Nov 13 18:49:45 2008 - - 3 Answers - 0 Comments
A. no. you have to pay tax.
Answered by thundercloud - Thu Nov 13 18:58:48 2008
Q. I have inadvertantly started a management consulting firm in Ohio. I need to buy a printer and other office type stuff for this new concern. Can I use an Ohio sales tax exmption when I buy stuff for a consulting firm or is that only for manufacturing, and farming? If I can't use an exemption can I at least write the state sales taxes off on my federal income tax return?
Asked by faceman888 - Thu Nov 13 18:49:45 2008 - - 3 Answers - 0 Comments
A. no. you have to pay tax.
Answered by thundercloud - Thu Nov 13 18:58:48 2008
From Yahoo Answer Search: 'tax exemption'
Thu Jul 29 01:14:05 2010 [ refresh local cache ]
[Hide]▼
investmentnews.com
Wed, 28 Jul 2010 20:37:29 GMT+00:00
until fall or later InvestmentNews Currently, there is no estate tax . If Congress fails to act by Dec. 31, the rate will revert to 55%, with a $1 million exemption . ... Estate tax reform progress made Southeast Farm Press Death Tax legislation Anahuac Progress
gov.bc.ca
386px x 500px | 254.60kB
[source page]
November 20 2006 tax exemption for energy saving products
www2.dailyprogress.com
Charlottesville Daily Progress
ue, 06 Jul 2010 17:06:38 GM
As many as 5000 Virginia organizations could lose their . tax. -. exempt. status this year because they haven't filed with the Internal Revenue Service in three years, according to June figures from the IRS.
[Hide]▲
