|
|
| *Home>>>Investment Account |
Quesiton on NJ tax witholding for small, lump sum disbursement? |
My wife stopped working for a corporation when we had our child. Her 50K+ 401k has been rolled over into investments to avoid witholding but there is an additional investment account that she never paid a dime into (corporation did) and was to be like a "pension" upon retirement. As she was fully vested upon resignation, she can now receive a lump sum disbursement but I was concerned as to how much we would actually receive. Amount is only about $3,700.00. What in addition to the 20% federal witholding could we expect to incur? the 20% federal tax |
| Tags |
| Investment Company Investment Calculator Investment Bank Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund |
| Related information |
also u can check out ameritrade.com and do a comparison study of different online brokerages to decide which one suits your trading style. ...Retirement account. the two types are :Traditional IRA (tax deferred meaning your withdrawls from account are taxed). ROTH IRA where your deposits are taxed. taxes depend on tax bracket y... She basically can't. Those are subject to 30% source taxation. The tax is withheld by the paying agent and paid over to the IRS. No tax return is needed and no refund is possible. ...Your parents can set up a CUSTODIAL ACCOUNT so that you can start trading under your name. Your parents are the ones supposed to buy and sell stocks, but since the orders will be placed online, no ... Children under the age of 14 are taxed as single persons on their earned income and on their unearned income (investment income) of $1,400 or less (IRC 搂 1(g)). No tax is imposed on the first $700 ... You would have to take the personal exemption on your return and tax his income above the $1,700 at your rate. Even if you don't claim him as an exemption he may not claim himself because you ... ING direct sucks. They were good a long time ago, but no where near the top any more. go to www.bankrate.com and pick one. ...You need to file an amended return on Form 1040X. Turbo tax can handle that for you. Do NOT "refile" the return! ... |
Categories--Copyright/IP Policy--Contact Webmaster |