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Why does it seem like I'm paying the county tax twice?

2007-06-21 16:40:04 · 2 answers · asked by Anonymous in Business & Finance Taxes United States

Why does it seem like I'm paying it twice?
(Line 17)
(Indiana CT-40)

2007-06-21 16:42:57 · update #1

2 answers

Same deal as your Federal and State Income taxes. Tax is withheld during the year but you settle up at filing time.

2007-06-21 16:44:21 · answer #1 · answered by Bostonian In MO 7 · 0 1

I don't know why it seems like you're paying it twice. It's the same as federal income tax - at the end of the year you compute the total you owe, and subtract what you already paid in - if you owe more, you pay the difference, if you paid in too much, you get the extra refunded.

2007-06-21 18:28:27 · answer #2 · answered by Judy 7 · 1 0

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