Is inheritance money from the sale of a house taxable?
Sunday, February 7th, 2010tina g asked: My mother in law died in 2005. Her house was sold in 2007. My husband received the money. Is this money taxable. We live in Florida.NICHOLAS
Archive for the ‘United States’ Category
tina g asked: My mother in law died in 2005. Her house was sold in 2007. My husband received the money. Is this money taxable. We live in Florida.NICHOLAS
Will money be taken from my taxes because I have a student loan?
Wednesday, January 20th, 2010allison_cofer21 asked: Ok, so we are going to go do our tax returns, and I was just curious, I still owe money for my student loan ( I am not working but my husband is) I am way behind on paying the student loans and they told me that they ...
How much money can I receive as a gift without paying income tax?
Friday, April 10th, 2009Anandam asked: I live in the US, California. My parents who live overseas want to give me some money as gift. Wondering how much I can receive without paying income tax. Also, when the money is transfered to my account do I need to fill out any form and submit ...
How to advance money to a start up for tax purposes?
Friday, April 10th, 2009kruzo asked: I am about to advance some money to a startup company (a Massachusetts LLC) to cover their startup costs. What do I need to do to make this money deductable on my personal income tax, particularly if that company ends up failing? How do I formally "give" this ...
Bringing money from another country to purchase a house here?
Monday, October 20th, 2008so happy! asked: If a large amount of money like 40-50k is brought here from a foreign country, and some wants to use it to buy a house will they be taxes by IRS? I know there is a fee to transfer the money here, but should the IRS tax ...
Why do some owe money and others get a refund for their taxes?
Tuesday, October 14th, 2008poptarts asked: i file my taxes every year no matter how little i make but i still dont understand how doing your income taxes work. how come some of us owe money and others get a refund? if there's an amount in the federal withholding doesnt that mean you should ...
If you owe money to the IRS, will they take your stimulus money to be repaid?
Wednesday, August 20th, 2008redsonia1960 asked: One of my co-workers said that the IRS told her daughter that they will be taking her stimulus money, due to the fact that she owes back taxes. I thought the money is ti stimulate they economy, not the government.FLOYD
How much money to claim small business for taxes?
Wednesday, July 16th, 2008tawnyelise asked: I just started teaching piano in September. I haven't made much money, does anyone know what the minimum is to file as a small business? Thanks!AUBREY
How much money can you make until you have to start paying taxes?
Saturday, March 8th, 2008kristina asked: I just started cleaning houses for some extra money. I make about $100 a week. Do I need to pay taxes on this money? Do you know how much money I can make with out having to pay taxes?DENIS
How much money does the government take out of online contest prize money?
Thursday, January 31st, 2008WhiteWood asked: Yeah, so I'm a filmmaker who enteres ALOT of online film competitions for money. I hear ALOT of the time that the amount that they say you can win is never the amount you get because they take taxes out. But I have NO IDEA how much money ...