Localfund.com - All about Fund and Investment
*Home>>>Income Fund

Why is my state income tax refund $7.00?


I just received m state income tax refund.
Fund no. 0027, Fund name: TAX RELIEF & REFUND ACC

It was seven dollars! Why?
My wife and I usually get about $4.000

Is this a joke?

You paid in just the right amount. Take your wife to Burger King for dinner.

did u do it urself? if so its best to have a profesional do it for u. its worth paying them. take ur papers to hr block and have them review it

Tags
  Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP   High Yield   Hedge Fund
Related information
  • How can a new real estate company having expenses but no income, raise funds of revenue nature to meet its exp

    investors..

    ...
  • Does the IRS consider the sale of mutual funds as income? I used post-tax earnings to purchase the funds.?

    The profit is taxed, not the gross proceeds. The problem is that, if you don't report the sale, the IRS assumes the cost was $0.00. I assume that you just received a letter from the IRS. ...

  • Should invest in equity index or equity income mutual funds ?

    Only 2 choices? Which index fund? Which equity income funds? It makes a big difference which you might select rather than the category. Let me give you a couple of examples of what I mean. ...

  • Is it compulsory to add contribution toward new pension scheme in saving limit of 1 Lac. for income tax calcu

    its not compulsory

    ...
  • What is the status of Income Trust Funds?

    The status of those funds is that you can only put your income in them and they are liable for income tax if not a separate irrevocable legal entity.

    ...
  • Tax consideration on mutual fund withdrawal.?

    No you are not wasting your time because you can deduct the cost basis of your mutual fund investment for tax basis. you will be taxed on the amount above your cost basis.

    ...
  • How do you go about reporting a corporation for hiding income & using corporate funds for personal gain?

    Depending on the state you live in there are probably whistleblower statutes on the books. There are also federal whistleblower statutes. Best to consult a local lawyer.

    ...
  • Are there any grants or loans available in Illinois for a lower income family to purchase a business?

    Contact a local bank and ask them about the SBA 504 Program. You will need at least a 10% equity injection (down payment) If you have equity in your personal residence or in the property in Kentuck...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster