How much do Americans actually spend on taxes?

Consider sales tax, gasoline tax, cigarette tax, alcohol tax, excise tax, etc. Give a real answer!!!!!! Oh, and state tax, Texas doesn’t have, but we make up for it taxes on everything else. A real answer about what we pay in taxes?

Tags: ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

How can Obama "give a tax break" to people who don’t pay taxes?

Obama’s tax break for 95% of people includes 40+% of people that do not pay taxes. Plus he is not planning to extend the Bush tax cuts, therefor increasing taxes on 49% or tax payers.

Tags: ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

How do we file taxes for my brother who died in 2007?

My brother died in May 2007. He left behind a 2 year old daughter who lives with my parents who have guardianship of her.
Do they:
1. File their taxes as usual and claim my niece on their taxes as a dependent? or
2. File taxes on behalf of my brother and claim her on his [...]

Tags: ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

If i paid corporate taxes out of my pocket, is it deductable?

I was a officer in a corporation. I never received any pay. When the corporation when bankrupt it owed sales tax and withholdong taxes. I had to pay these taxes out of my pocket. Are these taxes deductable from my federal taxes.

Tags: ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

How do I file taxes for money I made in Idaho, if I reside in California?

I am completing a 3 month internship in Idaho, but will return to California upon completion. What is the best way to file taxes? Idaho’s state taxes are actually higher than Cali, so I would like to avoid them. Someone else mentioned they are just having their taxes withheld by their originating state, Is this [...]

Tags: , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

Pay more taxes if you live work in different states?

My fiance and I live in Nebraska, he works in Iowa. I have heard that he has to pay taxes in both states. Is this true? If so, will the credit issued for payment to one state equal the additional taxes paid to the other state? Will he wind up paying more combined [...]

Tags:

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

Is the sales tax I paid on a vehicle purchase in Texas deductable from my federal income taxes?

I recently became a Texas resident and paid sales tax to Texas on a car I purchased. Is that state sales tax deductable from my federal income taxes (Texas has no state income tax)?

Tags:

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

Can taxes from my groceries receipts be included when I file my tax?

I heard from other people that they itemized all the receipts from groceries and other items that has taxes on them and they include this when they file their tax. They don’t own businesses so I don’t get how they can do this. Is there a separate form that I can fill out to include [...]

Tags:

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments

What taxes should be considered when moving to a new area?

I am trying to compose a list of the important taxes/expenditures to think about when moving. I am going to use the list as a way to compare the different cities/states that my wife and I are interested in moving to.
1. Can you think of any more?
vehicle tax
property tax
school tax
local tax
vehicle inspections
income tax
sales tax
any [...]

Tags: ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS
Read Comments