Taxes Questions and Answers

Tax rebate?

hey im a teenager that worked for 2-3 months this summer. i am wondering if i bring back one of these 300 dollar checks the government is mail out. does anyone know if i do or not considering my age and low salary?


Answers: If your parents claim you as a dependent, you will be ineligible for the rebate, but you may still benefit underneath the plan.

While the rebate depends on your 2007 status and income, it is actually a rebate toward your 2008 taxes. According to the proposed plan, surrounded by 2008, taxes would be cut from 10 percent to zero percent on the first $6,000 dollars of taxable income for individual taxpayers.

So if you hold taxable income in 2008, you will see a toll cut when you file surrounded by 2009 if you don't get the rebate immediately. It's pay you in a minute or pay you then.
no sweetie you dont get a rebate check

if you didnt folder taxes then you dont attain a rebate check
Are you a dependent of your parents? I'm guessing that you are. If so, no you won't get a rebate.

If you aren't a dependent, next you'd get something if your income be at least $3000. If it be below that, no.
mom and pop get the dollars you'll necessitate to talk sweet to them

An matured piece of equipment be purchased for $20,000,at a book advantage of $5,000 and sold for$9,000.the firms marginal levy i

tax is 25%.what is the amound of taxes due?


Answers: Your facts do not construct a lot of sense. How do you purchase a gadget for $20,000 with book effectiveness of only $5,000? If you purchase something for $20,000, its book merit is $20,000.

I think what you penny-pinching is, a machine be purchased for $20,000. When it is eventually sold, the book value (due to depreciation) be $5,000. The machine be sold for $9,000. In that case, the gain is $4,000. So the toll is $1,000 (25% * $4,000).

If the irs sent my refund on the 15 th direct deposit when show up ,on my checking account on the 15th?




Answers: yes it should have shown up on the 15th

...
yes it should depending on your bank.

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