Filing is due April 15th but what about the payment? When does the IRS need my check in their hands?
So the filing date AND payment date is the same?
Posts Tagged ‘taxes’
If you will owe taxes, when is the due date for payment?
23
May
Can a bill collector forgive interest on a debt without my receiving a 1099 form for taxes in the future?
07
May
A few people online have stated that if a bill collector agrees to forgive the interest on a loan, and only requires that I pay monthly on the principal debt, I will eventually receive a 1099 form for the amount over $600. However, the collector says since I am paying off the original amount due(principal), minus the interest and late fees, I will not receive a 1099 form since they are willing to settle for payment on the principal. Is this possible for a collector to do? Or is this a trick, and I’ll receive a 1099 form eventually? I will be making low monthly payments on the debt for the next few years and I’m currently on a fixed income without valuable assets.
What happens if i cant afford to pay my property taxes?
01
May
I owe about 12,000 on property taxes since 2006 and my lender has notified me that they have be paid by them. Now they want me to pay the balance or they we divide in my mortgage payment. I am current on payments but this will create a problem in future payments. I have asked them to add to my loan balance so i could afford to re-pay and they said no. Is there other options, or should i take no for answer and loose my home.
why is it that when a person that gets their home foreclosed on or the i.r.s. takes a home for taxes that??!!?
30
Apr
they do not just work it out with the people that they foreclosed on or sold the home for taxes??!!
i mean the real estate company will actually lose money when they have to resell the home and after wear and tear and depriciation they will have to also pay for advertising and a sales commission, and the i.r. s. will be lettin the house go for just those taxes that are owed and will miss out on future tax payments!!!
or have i got the wrong info on this??!!!
Do you pay taxes on IRA’s sold and reinvested in an insurance annunity?
24
Apr
I sold some IRA stock when it was declining and purchased an annuity with an insurance company. Do I pay taxes on that now or only when I take it out?
If i have an Annuity and i die will there be any income taxes due by the beneficiary i choose?
19
Apr
Took disbursement from Trad. IRA for closing costs/downpmt. How to I add this to my 2009 taxes at tax time?
04
Apr
It’s only $3600 or so, but I don’t know how I put this onto my taxes when I go to file next yr.
I just got a check from my bank- how do I “prove” to the IRS that I used it toward qualifying costs and such?
Thanks! I need to remember that 5329 form because the penalty should indeed be waived! Thanks!
Am I able to use the 5329 form through like, turbotax or one of those online filing programs or do I have to go see someone?
Thanks- as for 2009 taxes having bought a home, that sounds confusing and we may have to go see a tax professional.
Fiance already checked with the tax website and you can amend the 2008 return right there.
Not married and won’t be until the fall of next year.
Do you need to pay CA taxes on an IRA payout if you got the payout in May but only lived in CA in January?
26
Mar
If I received a disbursement from an IRA in May yet only lived in California for the first 6 weeks of the year do I have to pay CA tax on this as income?
What are the different ways to transfer a home to a child? Which is the best to save on taxes?
24
Mar
My parents want to transfer their home to me and my siblings as they can no longer afford to make the mortgage payments. I heard there are different ways to do a transfer. Which way would best benefit me and my siblings in the future when we intend to sell the home?
How do you avoid taxes on a $70K death benefit payout from an IRA annuity?
21
Mar
I’m filing single 1 with 25K of other income.
Do I have to pay any taxes when I sell my stocks at a loss?
21
Mar
I’m going to buy a house in the near future and plan to sell all of my stock for the down payment. I inherited it at the beginning of 2008 when the Dow was around 13,000. It was worth about $790,000 then. Now it’s worth $689,652. Will I have to pay federal or California state taxes when I sell? I have an accountant who will figure it all out for me when the time comes but I need to get a sense now to help me figure out what I can afford. My tax rate is 25% federal, 9.5% state (I think).
How are taxes handled in regards to a royalty advance and future royalty payments?
17
Mar
I am an inventor whose product will soon be ready for a licensing agreement. I’d like to know the answer to this question as part of proper personal financial planning. Thank you.