Taxes Questions and Answers

Do democrats close to difficult taxes?

These are REAL figures and not the incomes of the so call "rich". I think I afford Uncle Sam enough of my money as it is...
The dems want modification? Not me...I'm voting republican!

Taxes under Clinton 1999 Taxes underneath Bush 2008



Single making 30K - tax $8,400, Single making 30K - duty $4,500



Single making 50K - tax $14,000, Single making 50K - charge $12,500



Single making 75K - tax $23,250, Single making 75K - due $18,750



Married making 60K - tax $16,800, Married making 60K- levy $9,000



Married making 75K - tax $21,000, Married making 75K - charge $18,750



Married making 125K - tax $38,750, Married making 125K - import tax $31,250


Answers: hah you rule!
Of course democrats don't "like" higher taxes. Nobody does. It is a examine of fiscal responsibility.

I simply received a 1099-misc. When is the file due date for my taxes?

I believe I can file quarterly, or once a year - can anyone clarify when these dates are and what are the pros and cons of file quarterly or just once a year?


Answers: You are somewhat confused on this. It's not either/or. You file your tariff return once a year, and the deadline is April 15 for the previous year's tax.

You should record a quarterly estimated return, and pay the import tax then that you expect to owe for income received that quarter. Due date are April 15, June 15, Sept 15, and Jan 15 of the following year. If you owe over $1000 for the year when you file your annual return, you will remuneration penalties for not paying the quarterly estimated payments.
You wallet your tax return by April 15th every year. It's merely done once per year.

If you expect to owe $1,000 or more when you file you are REQUIRED to spawn quarterly estimated PAYMENTS using Form 1040-ES. If you don't, you'll be facing penalties and interest for underpayment of estimated taxes.

How do i know if i qualify?

How do i know if i qualify for bush stimulus tax discount...i claim myself with no dependents, and i live next to my brother.and if i do qualify will it come with my charge refund or will it be a seperate check at a after that time...


Answers: The rebate will come in a separate check from your settlement.

Under the compromise bill passed by the Congress, you would be eligible to receive a rebate of up to $600 if you paid that much within Federal Income Tax. If you only salaried $350 in taxes (less than the $600 rebate limit), you solely get subsidise $350. If you had earn income of at least $3000, you would procure at least the minimum rebate of $300.

While the rebate depends on your 2007 income, it is certainly a rebate toward your 2008 taxes. According to the proposed plan, in 2008, taxes would be cut from 10 percent to not anything percent on the first $6,000 dollars of taxable income for individual taxpayers.

It's like a one time rates cut for 2008, but you get the rebate presently instead of waiting to file your 2008 taxes. Because this is an finance payment on your 2008 taxes, your return next year could be more (or smaller quantity!) depending on your 2008 income.

Use the calculator below to compute your rebate.
This is not a refund, it is a rebate. A reimbursement is simply the difference you overpaid between the amount of tax you owe and the amount you in actuality gave to the command. This rebate is a government conclusion to return some of the tax money collected contained by 2007 to the citizens. You will get a separate check for it, and it will be for $600 if you earn between $3K and $75K in 2007. Your brother, also, will achieve his own $600 check.

This applies if you're a regular working citizen. If you are senior or disabled, you get $300.

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