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Results tagged with united-states
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user 4718
For questions that relate to the laws, practices, and products of the United States.
7
votes
2
answers
11k
views
What are the procedures or forms for a private loan with the sale of a vehicle?
I'm doing something that I don't normally do: Mix friendship with business. I'm purchasing a vehicle from a friend but can not pay the full amount. We've agreed to have me put a down-payment for the v …
- 448
2
votes
2
answers
504
views
Taxes on money received from a death benefit
When my father had passed away, all of us kids signed off on the rights to any of his money/assets to our mother. Upon receiving the money, she had paid taxes on them. She then dispersed an amount off …
- 448
1
vote
1
answer
169
views
How to base my income tax bracket?
Is my income tax bracket based on gross income or AGI? What other factors can affect what my income tax bracket can be if I'm teetering close to two brackets?
- 448
1
vote
2
answers
97
views
Properly calculating personal taxes
When taking into account how much Federal/State income taxes, FICA and MED have to be removed from your income, do you calculate that based off of your Gross or AGI?
- 448
1
vote
1
answer
2k
views
Penalties for cashing out on a SIMPLE IRA early
I want to know what are the penalties that an individual will face if they withdraw on a SIMPLE IRA outside of a hardship distribution?
(Additionally) I noticed in another post someone mentioned a '2 …
- 448
4
votes
1
answer
8k
views
Tax implications of corporate housing
If my company provides corporate housing for me, am I required to claim the rent amount as income for my personal earnings? And is that taxable income?
I'm trying to figure out how I can leverage ask …
- 448
3
votes
1
answer
73
views
What method of income tax filing is recommended for a first-time father?
My wife and I had our first child last year, and my question is, what is the preferred method of filing taxes since I have this addition to our family?
Is it recommended to go to a paid tax professio …
- 448