Taxes Questions and Answers

Ok, are the following incomes taxable:?

1- My refund check I recieve from arts school

2- I am in a loan forgiveness program. I recieve $5000 respectively school year. For respectively year that I teach, one reward year is forgiven. Is this money taxable?

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Answers: The first one is. I would walk to an actual tax-filing place and speak with someone to lend a hand, even if it costs you a little out of the reimbursement.

I'm not sure about the 2nd one... probably not, because YOU aren't getting the money hindmost, whoever you loaned it from is... I wouldn't think so.

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first one is

second one im not sure bout

ask the ppl at the toll office

I took money out of my 401k last year do ineed to claim that on my taxes this year and will i be penalized sin

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Answers: You have to claim it. You should have gotten a form 1099-R for the withdrawal. If you didn't get it, contact the custodian of the 401K.

If you are under age 59-1/2, you'll pay a 10% penalty on the amount withdrawn in addition to the income tax.

Why am I sick and tired beside due exemptions?

I work in a place where on earth I see the reason why.

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Answers: Nobody else will grasp what that question ability without more detail.

And didn't you answer it yourself?

EDIT: what exemptions are you conversation about?

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If you're referring to Native's getting toll exemptions and then bringing their pal on shopping sprees so they can get stuff charge free too...I understand.

If that's not what you're referring to...after what is?