Do you enjoy to recompense NJ state taxes on job loss compensation?
I had federal taxes taken out of job loss...and I know I have to include job loss as income for my federal tax return...but surrounded by NJ it appears that I can exclude it from my income. Is this correct?Answers: No. It is considered tax-exempt income for the NJ state tax return.
What is excess return of any asset?
Answers: Excess return of an asset is the same thing as risk premium.
Risk premium is the difference between the expected value of an uncertain bet that a person is willing to take and the certain value that he is indifferent to.
I found this example of risk premium:
Suppose a game show participant may choose one of two doors, one that hides $1,000 and one that hides $0. Further suppose that the host also allows the contestant to take $500 instead of choosing a door. All three options (door 1, door 2, or take $500) have the same expected value of $500, so there is no risk premium for choosing the doors over the guaranteed $500.
Taxes: Is the Employer Identification Number (EIN) the same as the State ID#?
Answers: No. EINs are only 9-digits.
The state id can be presented in different formats, it just depends on the state.
No the EIN is the company's federal ID number. The State ID is the company's state ID number.