Taxes - July 2006

2006-07-04 23:00:53 · 4 answers · asked by Anonymous in Other - Taxes

am a salaried person and I have some small income mainly from Post Office Small Savings and Bank Deposit FDs
Which version of SARAL form I can use please for income earned in year from April1st,2005 to March 31st 2006 ?
Thanks in advance

2006-07-04 22:58:43 · 4 answers · asked by santosh 1 in India

maximum working tax credit and child tax credit? And what is the maximum ammounts?

2006-07-04 22:34:48 · 1 answers · asked by Mr_Moonlight 4 in United Kingdom

.The very first thing, If I have purchased the
car through the company (may be in the name of the company)
can I get any sort of tax deduction for the amount which I am
paying as the EMI to the bank each month.

2.The very same confusion exist with the house rent.
that is if I have a rented house which I have
taken in the name of the company can I claim any sort of
deduction.

3.Another query relates to my Leave travel Allowance,I
have given a predicted figure of Rs.25000 towards LTA but
this hasn't been taken into account in the calculation of
the Exemptions.The same is the case for the medical allowance.
Can you please clarify that when are these figures be used
as exemptions and are shown as a deduction from the taxable
income.

4.I have also recieved Sodex-ho coupons worth 13000 INR,but
even these hasn't been accounted for.

5.Can the electricity bill and the gas bill (paid by me) be
considered for the exemptions.

2006-07-04 21:39:28 · 4 answers · asked by silky m 1 in India

2006-07-04 21:35:03 · 2 answers · asked by Miller 1 in United States

2006-07-04 20:37:32 · 3 answers · asked by Narendra N 1 in India

liv in ohio and i will be a flooring sub contractor maried with 3 children

2006-07-04 19:02:07 · 1 answers · asked by Joe P 1 in United States

This little phrase we all use or hear every day but depending on where you start from either zero or the given number your answer will differ greatly. So what is the correct starting point to calculate the answer ? Next time someone says it is twice as much or they have twice as many be aware of the word play.

2006-07-04 17:58:23 · 3 answers · asked by kwofusa 1 in United States

and if u do .what is the percent u have to pay?

2006-07-04 13:53:20 · 9 answers · asked by esqv09 2 in United States

..... from taxes w/out becoming non-profit?

2006-07-04 10:17:23 · 9 answers · asked by ? 3 in United States

2006-07-04 09:29:33 · 11 answers · asked by GEO341 1 in United States

2006-07-04 09:13:01 · 12 answers · asked by Anonymous in United States

I am doing a little mental excersize, and I want to know aproximately what percentage of his/her income a worker should expect to pay in taxes at the state, local and federal levels. If you could even give a break down, that would be better. For the sake of my excersize, this individual doesn't own a house, but rents an appartment, and has a small car, which is insured.

2006-07-04 07:36:36 · 3 answers · asked by magicwriter65 4 in United States

2006-07-04 07:32:53 · 4 answers · asked by Finnale 2 in United States

2006-07-04 06:20:30 · 5 answers · asked by curious 2 in India

Or should I contact the IRS for percentages to put aside?

2006-07-04 03:43:48 · 4 answers · asked by munchkin2utoo 1 in United States

Or a web site that does it for you? I just started a new job and am trying to figure bills. YAY!!! :( W/ exemptions and state taxes I was trying to determine exactly what I would bring home. Thanks for any help.

2006-07-04 01:53:01 · 3 answers · asked by Alicia 2 in United States

currently,am un-employed, and fully supported by my
parents Can I be claimed as a dependent, and if so
where can I find detailed 411 on tax breaks for them
as a student or un-employed?

2006-07-03 21:46:17 · 7 answers · asked by yowhatup 2 in United States

2006-07-03 18:51:14 · 9 answers · asked by steven s 1 in United States

My daughter just started a paper route and will be making about $400 a month.

2006-07-03 14:21:52 · 19 answers · asked by Loo 3 in United States

If it's different, how much is it for the telecom sector? nd the IT sector? I don't know **** about tax but I need this for something important.

2006-07-03 12:28:30 · 1 answers · asked by melvai 1 in India

2006-07-03 12:19:49 · 3 answers · asked by gmk8803 3 in United States

if my son, now 15, has a income of 10,000,and filing his own tax return, how does it have impact on my tax return?-can i claim him, if he opt not to claim on his tax return? would i be eligible to claim child tax credit?
if i am an illinois resident, how it affects on my state return? how much amt he would be paying state tax on?

i am eligible to claim him as a dependent, as i have supported him fully and living with me etc provided he dont claim.and if he dont claim on fed1040, he wont be able to claim on il1040 either.
the thing is which one best suites for a family as a whole. if he files his tax return, he would be paying tax on 5000$ @10%,considering he is not contributing to ira and not claiming himself as a dependent. whereas i would be saving tax of my bracket on 5000, but still eligible to claim him as adependent...so can reduce tax liability on3200$ by claiming his exemption.am i getting it right?

2006-07-03 11:34:05 · 4 answers · asked by belashah6 1 in United States

2006-07-03 11:02:03 · 2 answers · asked by SuzeY 5 in United States

if my son, now 15, has a income of 10,000,and filing his own tax return, how does it have impact on my tax return?-can i claim him, if he opt not to claim on his tax return? would i be eligible to claim child tax credit?
if i am an illinois resident, how it affects on my state return? how much amt he would be paying state tax on?

2006-07-03 11:00:57 · 5 answers · asked by belashah6 1 in United States

I am 14, working at a corporation that is incorporated,during summertime.AM I EXPECTED TO PAY SOCIAL SECURITY AND MEDICARE TAX?IS MY EMPLOYER EXPECTED TO DO SO?

2006-07-03 10:43:49 · 3 answers · asked by nsbball07 2 in United States

2006-07-03 09:45:00 · 5 answers · asked by Arto G 1 in United States

2006-07-03 07:24:31 · 9 answers · asked by LEON D 1 in United Kingdom

2006-07-03 07:09:50 · 5 answers · asked by sopranocapo2006 1 in United States

2006-07-03 05:42:15 · 5 answers · asked by Danny B 1 in United States