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by admin on November 14, 2009

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“If you paid state and local income taxes in 2007 for a prior year (such as taxes paid in 2007 as a balance due on your 2006 state income tax return), include this amount as other state and local income taxes paid.

Other state and local income taxes: $____”

While filing online, I got an alert here. I did not enter anything in. What exactly is the question asking?

By: Me



Is the sales tax I paid on a vehicle purchase in Texas deductable from my federal income taxes?

October 2, 2009

I recently became a Texas resident and paid sales tax to Texas on a car I purchased. Is that state sales tax deductable from my federal income taxes (Texas has no state income tax)?By: Michael B

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Income Tax?

October 1, 2009

I heard that if you are old enough to work that you will get income tax is that trueBy: APerfectCircle

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What is a fair income and capital gains tax rate for the rich to pay?

September 30, 2009

In 2006 the top 2% paid 60% of all income taxes but earned only 30% of the income.
Shouldn’t we lower their tax rate to make it more fair?By: Blue Dog Democrat

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What are the federal income tax rates on investments?

September 30, 2009

What are the federal income tax rates? I’m talking about investments. I heard there’s one tax rates on savings account, a different tax rate on short term capital gains, a different tax rate on long term capital gains, another tax rate on dividends, and so on. Is there a chart somewhere that [...]

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Is a sales tax as fare to those who barely make a living, as an income tax?

September 25, 2009

With no sale tax those with high incomes and no income tax have it made. A $10 sales tax hurts low income people making say 6000 a year. But what is it to those making 50,000 or 100, 000 a
year. So you think if every poor person ‘puts their nose to the grind [...]

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Do we pay income tax to the state we live in or the one we work in?

September 20, 2009

I’ve never really thought of it because I’ve always lived in the state I worked in. I know someone looking to move to Portland,OR (where they have a huge income tax but no sales tax). Vancouver, WA is only a 15 minute drive away, so she’s thinking of moving there (where there is no [...]

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How do I know how much income tax I actually paid to the Fed?

September 16, 2009

Okay, I already filed my taxes, and I am getting a refund, but that is because I have deductions and kids and I overpaid. Because of the economic stimulus package, I want to be sure I paid at least $600 in taxes to get the full rebate. Since I don’t have a copy [...]

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What are all the Income tax deductions in a Payroll from Philadelphia PA?

September 12, 2009

My husband is getting paid $12/hr this payroll gross was $918. The deductions are $278.40 (child support) and all the other taxes deductions. I see everything in order but they started also holding Philadelphia local Income tax for $88.04. I did know about Federal Income tax and PA income tax but [...]

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