Taxes Questions and Answers

How much federal tariff I involve to repay?

My income is 58k per year. I dont have to settle state taxes and social &medicare(FICA).
but i dont know how much i need to pay envelope for federal tax.
I am single and unmarried & I am gonna turn for standard deduction.
I


Answers: Your taxable income would be almost 50K. Based on that, your tax is purely about $9,000. Of course, you should own your W-2 by now.

If you are an independent contractor, you'll hold to pay self-employment import tax, which will knock your taxes up a bit.
1) Go to a libary
2) Grab a 1040 EZ form
3) Fill it out
It depends what state you live in

How much money does respectively child achieve from the income rates?

I have 2 other sisters 1 is 5 the other is 17 and im 13


Answers: Unfortunately, your parent or parents seize the money, not you. It is $300 per child.

Is those south African lottery a scam where you have to pay taxes first?




Answers: DUH!
yes, of course

**
no honest lottery asks for money in advance -- the taxes can always be deducted before you get it.

and any honest lottery will always be happy to pay by check instead of bank transfer ... it gives them a few days extra interest on the funds.
You bet. Don't believe any email you get that says you won a lottery, especially one you did not enter. Besides, if you really did win a lottery the taxes would be deducted from the gross amount of the winnings, you would not send in money first to claim your imaginary "winnings".

It's a scam.
i think you already know that answer!

Dont cash a check if they send it to you!
It should be obvious.

Did you enter an African lottery? Have you ever heard of someone making you give them money so they can give you money?
First of all, yes it is a scam. Anything below the line is sarcasm
______________________________________...
It is not a scam! Of course you won the African lottery! Never you mind that you probably entered in it in the first place! And disregard the fact that they want you to pay money to receive your so called "money". I bet that all legit lotteries require your credit card number!

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