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NC Income Tax ?Q. NC Income Tax ? My information is that only the first $5,000 of a pension from a "foreign" govt entity is not taxable. These types of details should be checked by everyone individually. A. -Recently talked with a military retiree who said his entire pension was exempt from NC income tax. My understanding that this is true of all government pension income. But you have the best suggestion. If exempt status is an important fact
Other Questions: 10 year averaging, Federal income tax Can you give general rules for when 10 year averaging of a lump-sum retirement distribution is advantageous? For example, when other income is small (say $20K) and the lump-sum is large (say $500k), or when other income is large (say $100K) ... Is filing IRS income tax Form 1040 voluntary?Is filing IRS income tax Form 1040 voluntary? It's so confusing. So many web sites nowadays say income tax is voluntary like www.AllAboutFreedom.net ? Even former IRS agents are saying that it is voluntary: http://www.allaboutfreedom.net/... The matter Bankruptcy Home LoanFinancial problems? Bankruptcy?Assuming the $100,000 includes their home mortgage, the figure seems low, if anything, to me. My guess is that the bankruptcy has something to do with their restaurant which, I believe, they sold two or three year... Income Tax Return Calculator . Help?Income Tax Return Calculator . Help? I have to create an income tax Calculator. It should run on a IBM RS/6000. Any hard-core e1337 programmers out there that want to help a newbie please PLEASE help these are the Specifications -... PA Income Tax?Am buying house in PA and expect to move in shortly with son. I am divorced. Will still work in NJ so would like to know what to expect on my W2 for 2002. Will I have to file in NJ as non resident and also in PA? Any insight, help, advice app...
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