hgary06: How to calculate taxes on ebay sales? Now I made 2000 in sales and profit of 800, how do I aviod self employment estimate taxes if I make even more next year? I dont want to pay taxes every quarter. So if anybody can give me a complete detail answer on ebay taxes, you will get best answer. Answers and Views: Answer by Scott MI … [Read more...] about How to calculate taxes on ebay sales?
Taxes
How much taxes should the Federal Govt collect as a percent of GDP?
JR: How much taxes should the Federal Govt collect as a percent of GDP? So the last GDP was about 14 trillion, and the IRS collected about 20% of that in federal taxes in 2009. The problem is, over 90% of those taxes were paid for by the top half of income earners. By the way, if you made $ 60K last year, that makes you a top 50% … [Read more...] about How much taxes should the Federal Govt collect as a percent of GDP?
What taxes will I get back if I’m 17 and live in California?
Matt H: What taxes will I get back if I'm 17 and live in California? My year to dates were: Federal Withholding- 240's Social Security- 250's Medicare- 50's State Withholding- 20 SDI tax- 20's Those are the numbers so any help on which taxes I will get back would be great. Thanks and God bless. Answers and Views: Answer by wartzAnd your … [Read more...] about What taxes will I get back if I’m 17 and live in California?
How Federal tax is calculated for whithholding from paycheck?
Azhar: How Federal tax is calculated for whithholding from paycheck? I couple of related questions: 1- Is there a formula that is used to calculate federal tax that is going to be whithheld from every paycheck? I understand it is based on W-4 form enteries, frequency of the paycheck (weekly, biweekly etc) and the tax bracket related to the … [Read more...] about How Federal tax is calculated for whithholding from paycheck?
How does tax certificates work after the redemption period?
Smith Agency of Farmers Ins.: How does tax certificates work after the redemption period? I purchased a tax certificate on a foreclosure because the mortgage company hasn't paid the taxes. I have called the mortgage company and they say they can't find it in their system. The previous owner, who it was foreclosed on is a friend of ours so we … [Read more...] about How does tax certificates work after the redemption period?
When has the federal government ever used its taxation powers 2 compel people 2 buy a product?
demhater: When has the federal government ever used its taxation powers 2 compel people 2 buy a product? Randy Barnett, a constitutional expert at Georgetown Law School, said the federal government has never used its power of taxation in such a way, to compel people to buy a product from private companies. Answers and Views: Answer by … [Read more...] about When has the federal government ever used its taxation powers 2 compel people 2 buy a product?
What countries tax the property held by churches and religions?
: What countries tax the property held by churches and religions? It seems to me that these organizations use the resources of the community as much as anyone else: Police, Fire, EMS, Street maintenance, Water, Sewage… And to the extent that they do not share in the tax burden the rest of us have to pay more than our fair share. In the US, the … [Read more...] about What countries tax the property held by churches and religions?