Taxes - December 2007

Who suffers from a larger loss in welfare? That is, who suffers from a larger loss in surplus?



A. The government

B. Consumers

C. Producers


i'd prefer a source please, someone with microeconomics exp, please

2007-12-08 11:40:46 · 3 answers · asked by Anonymous in Other - Taxes

i make 18,000 this year last year i made around 12,000 and got 2,700$ for him, will i still quilify if the only thing that has changed since is that i made 5,000$ more this year

2007-12-08 11:32:41 · 3 answers · asked by Anonymous in Other - Taxes

We have a child together (1year and a half)
i provide at least 50% of her support
she is 17
shes lived with me for two years
shes not filling her own taxes
and we arent filling jointly( IM HEAD OF HOUSE)
but she does make over 3,000$

Can i make this work or does she make to much

2007-12-08 11:28:30 · 8 answers · asked by Anonymous in United States

besides the telephone and home improvements

2007-12-08 11:27:12 · 1 answers · asked by mf mf mf mf mf fmf mf mfmfmfmfmf 4 in United States

What will be my TOTAL income tax (including payroll, federal, state and city) if I work in NY city with the base salary of $60000?

2007-12-08 10:48:41 · 1 answers · asked by Anonymous in United States

Hello everyone, Farrah had asked a similar question. If a family member that is a US Citizen or US Resident Alien and lives in Pakistan sends money that he or she inherited to another family member (brother or sister) so the family member in the US can pruchase a home for himself or herself, what tax law(s) apply in this situation? If taxes has been paid in Pakistan on that money, will the family memeber, who lives in the US. be also required to pay taxes in the US? I am not sure if gift tax applies in this case and if there is a way to reduce the amount of tax paid because I would hate to have my friend double taxed (in Pakistan and the US). Thank you.

2007-12-08 10:31:01 · 3 answers · asked by AK 1 in United States

Followup to answer to "Can $12000 per year per child be gifted without inheritance tax even if the money comes from an IRA or 401k?"

Is it state specific?

2007-12-08 09:51:41 · 5 answers · asked by dpesetsky 1 in United States

like if i was to claim my parents and my brother..who are not working and i do support them..about how much would i get back..i know it depends but i heard it was like 1,000 a person..is that true or bs..

2007-12-08 09:42:57 · 4 answers · asked by slugger_330 1 in United States

2007-12-08 08:36:34 · 8 answers · asked by Alicia C 1 in United States

I plan on working part time evenings and weekends, maybe 20 hours per week. I am familiar with how this is calculated, but as far as a ballpark figure, what could I possibly get? what is realistic? i dont want to get my hopes up. i'll be working in a lower-income neighborhood...will that mean a lot of instant refunds and a bigger comission for me?

i know there are a lot of variables to this. i am very curious about the earning potential, but dont want to seem greedy to my instructor or manager. any info at all would be very helpful to me

i consider myself somewhat intelligent and have an accounting background.

2007-12-08 08:22:46 · 3 answers · asked by Christina F 2 in United States

2007-12-08 08:16:29 · 4 answers · asked by Shiva R 1 in United Kingdom

The gift giver is 67 years old with 401k and IRA. The receivers are her children. What kind of taxes can be avoided, and which still must be incurred, and at what rate then?

Thanks so much.

2007-12-08 08:13:39 · 3 answers · asked by dpesetsky 1 in United States

I want to know about how much i will get of my refund. I earned this year 20,000, married (she doesnt work). I just need to know an aproximation, not something official. a co-worker told me i would get about 1,500, other person told me it was only 500. so i'm a bit confused. thanks

2007-12-08 07:20:35 · 5 answers · asked by Anonymous in United States

if a person has about 20.000 dollars in a checking account do you have to pay taxes.

2007-12-08 07:07:51 · 6 answers · asked by debbigeri 3 in United States

2007-12-08 06:49:49 · 2 answers · asked by lizzy20 1 in Other - Taxes

Have they robbed you direct debit account earlier than usual or do you have to remind them to take all your money.

(knock, knock!) Can you tax fuel more please?
£1.08 a litre is just too cheap.

(knock, knock!) Can you please take more than 22% of my earnings and more than 8% national insurance?

(knock, knock!) People are complaining that they aren't being taxed enough AGAIN! on purchases from the shops they use, and the shop keeper is also complaining because he is only able to more than triple the price of incoming goods so he can pay the business tax rates.

2007-12-08 06:48:15 · 6 answers · asked by Anonymous in United Kingdom

The unborn are quickly gaining rights in abortion... would it be acceptable if the child in my womb since July of 2007?

2007-12-08 05:50:44 · 9 answers · asked by qtzully 1 in United States

Is my military retirement annuity/pay taxed at the same rate as regular income, or is there a special tax rates for annuities?

2007-12-08 05:21:01 · 3 answers · asked by Tanker 1 in United States

2007-12-08 05:10:17 · 3 answers · asked by howie 1 in United States

for example
gross income was $841.25
net came out to $671.52
medicare $12.19
social security $52.16
Federal tax $76.92
State tax $28.46

i figured out the percentage for medicare and social security but i want to know what the percentage taken out for federal and state is?

2007-12-08 04:31:47 · 2 answers · asked by <El Cubanito> 2 in United States

I live in US. I bought a products online from canada. But there is something wrong. The dealer asked me to send it back and change another products for me. How do I tag the export paperwork so I don't have to pay
duties again since they were already paid once?
Thanks very much!

2007-12-08 04:15:51 · 1 answers · asked by Anonymous in United States

I get payed bi-weekly and I will get payed this coming Friday and I work 3 days this coming week will that be on my paycheck or just the days I worked last week?

2007-12-08 04:02:48 · 7 answers · asked by rachael1491 2 in United States

I basically have not done my pre-tax 401k contributions this year(out of my paycheck) and now want to do a lump sum contirbution(before the end of the year) ... can I still get the tax benifits ??? THANKS !!!

2007-12-08 03:41:56 · 5 answers · asked by Kenneth B 2 in United States

I have read the replies saying to go to mywalmartbenefits.com but I went there and didn't see anything to click to get to paycheck, just a bunch of things for other sights, can someone walk me through this? I appreciate any help.

2007-12-08 03:28:49 · 1 answers · asked by C.C. 1 in United States

Will that free me from actually paying this years Federal Taxes?

2007-12-08 03:15:37 · 2 answers · asked by Anonymous in United States

2007-12-08 03:01:29 · 5 answers · asked by little 1 in United States

2007-12-08 02:20:41 · 3 answers · asked by workingvirtually 1 in United States

I was just put on social security and my mom is also on it but revieves x amount based on the household income. If I was to live at my college dorm would it still affect my mom's household income being as I'm living at the dorm and not at home?

2007-12-08 01:19:07 · 9 answers · asked by Anonymous in United States

I lived in WV, then moved to Florida. I worked in both places, but once I got to Florida, I registered to vote. I didn't fill anything else out. I paid bills and such there. But now I was just wondering if I should be paying state taxes to WV.

2007-12-08 00:55:16 · 5 answers · asked by Ryan M 1 in United States

i am 18 and just moved out of my parents house how do i manage taxes?

2007-12-07 22:57:20 · 2 answers · asked by Anonymous in United States