| Income Fund |
| Why does the US government cap social security income contributions at approx $100K? |
Benefits are based on the amount paid in. The total paid in is capped to avoid paying huge retirement benefits to people with very high incomes.
The middle class doesn't "carry everyo... |
| Are property taxes equitable or inequitable taxes to fund education? |
Education is generally paid by the local government. Local governments only have so many tax options at their disposal. Few states permit income or sales taxes at the local level, so most local c... |
| Closed End Mutual fund ? |
Hard to answer all of these questions. First of all you did not mention what the expense ratio of the fund is. If you want to know what your roi would have been had you held the assets, you need ... |
| If you have no income do you have to file a tax return? |
no you don't need to file a tax return if no income was earned in 2006. ... |
| Which are the mutual funds categories carrying the Income tax exemption? |
almost all mutual fund companies offer Mutual Funds with tax exemptions These are known as ELSS funds or Tax Savers Fund ... |
| Do I pay taxes on trust fund? |
You would never pay tax on a principle distribution from the trust. If a trust makes a distribution to you that distribution will carry out any income earned by the trust up to the amount of distri... |
| Are there grants of funds available for low income women to move? |
She stands a better chance of getting assistance from her church or some local non profit groups.
There are no grants for moving people from one location to the other. Grants are free, but it me... |
| How do I find funding to start an income tax preparation business? |
Have you looked into small business loans? I believe there is a lot of information out there regarding entrepreneurship and how to gain low interest funding from the government or from financial in... |
| American Mutual Funds --- Anyone know why "Income of America" did a X dividend? |
Call a CPA for advice on whether or not you need to contact a lawyer ASAP. ... |
| State Income Tax and/or State Sales Tax? |
Besides income tax and sales tax, there are plenty of other taxes a state can levy (for example, property tax). There are also fines, fees, tickets, and so forth.
States also earn revenue from s... |
| Can low-income parents open educational saving accounts without jeopardizing state aid? |
Any money saved will be considered in federal financial aid. Education plans are a better place to put money overall. Money in retirement accounts are not currently considered. Accounts should be o... |
| The Best Superannuation Fund for me? |
Heres the deal:
In Australia, NOBODY is going to give you any personal financial advice, or anything that could be percieved as financial advice, without being satisfied that they have sufficien... |
| What are Capital Gains and Income Dividends? |
Mutual funds pay out two types of dividends. One is a income dividend, payable from the dividends it collects on the stocks in its portfolio. The second is a capital gain dividend, which is paid fr... |
| What about mutual fund and taxes? |
The government knows what you are investing and what your profit on that investment is because the mutual fund reports the information to the government each year.
If you have an income (e.g., p... |
| AB Trust - Partnership Rental Income? |
If you buy the rental properties, you will still report the income from them on your return because you will then own them directly. Not only that, the "B" trust will have to pay capital ... |
| Almost 30 years ago my brother passed away while in High School and a scholarship fund was started in his name |
Adrian,
If you have a nonprofit tax id, you may have a situation. Since non-profits are set up to go on forever, there are some tricky things about dissolving them you might not know. Here is ... |
| What is a reasonable per cent to withdraw from mutual funds per year for income? |
broad brush rule of thumb is to earn 5% and withdraw 4% to not outlive the funds. if you have a great year and make a killing then take out more. if you have a bad year tighten up if possible.
... |
| O Boy, Tax income question SEXY STUFF? |
It depends on how your business is set up. If it's a sole proprietorship, you'll show profits on a schedule C on your personal return. If it's an S-corp, any profits will flow thro... |
| How much Capital Gains taxes do I have to pay on a Municipal Bond Fund when I sell it? |
Income from a municipal bond fund is of two types: interest income and capital gain. The interest income from such a fund is not taxed at the federal level. For this reason, municipal bond inter... |
| If i withdraw all the money i have in mutual funds will it count as income for tax purposes? |
Assuming you are in the USA: If the money is in a retirement account, such as a 401(k), where you got a tax deduction for investing, then yes, you will pay income tax on the entire amount withdrawn... |
| Can I fund a Roth with money made in a foreign country? |
If you file a US tax return, you would have earned income as far as the IRS is concerned. Where you say you are paying Danish taxes I don't believe you will be able to contribute to a Roth IR... |
| How can a baby start earning income? |
If you're worried about her future, why not start her a savings account? By the time she's old enough to actually get the money without your permission, it will have drawn quite a bit of ... |
| Mutual Fund Investing - Vanguard or T. Rowe Only - Advice Wanted? |
I would suggest investing in the same funds that your Target 2050 fund invests in. To pass through foreign taxes on your 1040 forms, you need to buy the foreign funds directly rather than through ... |
| What exactly is an Index fund? |
An Index fund is a fund that tracks one of the major stock indexes. the most popular index to track is the Standard and Poors 500, the 500 biggest companies on the NYSE. Other indexes are the Dow... |
| Personal Income Tax Question: Nevada S Corporation but live in Illinois? |
It really doesn't matter which state the S-corporation is incorporated in. The S-corp will need to file state tax returns based on where the S-corporation is headquartered, where the company ... |
| Where does income from shorting stocks that crash come from? |
It comes from those who were long the stock. To simplify things, lets say that you sell short, and buy back from the same person. You short $100 shares @ $10/share. You get $1,000 from that pers... |
| What are the income tax rebates are provided by the laws to mutual funds? |
Firstly u get deduction from your income on the amount invested in Mutual Funds u/s 80 C
Secondly if you sell your mutual fund units after a year of its purchase and thru a recognised Stock Excha... |
| Should I invest in a Roth IRA or a mutual fund that I can cash out at any time without penalty? |
If you don't wan't to pay taxes, the roth IRA is the way to go. Mutual funds you do pay taxes after cashing them out.
I would do some reading on the subject and I recommend you go to Su... |
| Interest Income? |
You can't be serious. Asking tax advice from us and you don't know what our credentials are? See a tax preparer or tax consultant.
Most people put money into banks for the liquidity,... |
| Large fund from oversea...? |
If everything is legitimate, there should be no problem.
Contact your bank (where the money is coming to) and let them know to be expecting this from your family and the source. It might get p... |
| Page:5 Previous-1 2-3-4-5-6-7-8-9-10-11-12-13-14-15-16-17-18-19-20-21-22-23-24-25-Next |
