Finance Q&A

Income Tax

Edwards Finance > Income Tax

Do I have to file a Wisconsin tax return ?
I am a full-time Illinois resident, and work full-time in Illinois, yet I have a duplex in Kenosha, WI. Am I obligated to file a return for WI for this income, or does the recip agreement between IL and WI eliminate this requirement? Is there anyone in a similar circumstance that can speak from experience?No experience. www.revenue.state.il.us/Individuals/FilingRequirements/index.htm says ========================================================= An Iowa, Kentucky, Michigan, or Wiscons...

Question of State Income Tax ?I live in Washington statae
Got a question on the State Income Tax. I live in Washington statae and will be working at home for an Oregon Corporation. My questions are: 1) Do I have to pay for the Oregon State Tax? 2) I will be filling the taxes with my wife, whom is working in WA state. If I had to pay for the Oregon State Tax, how am I going to file the taxes?-In such a situation, the Oregon company should be witholding Washington state income tax, not Oregon state income tax, so there shouldn't be any problem ...

Volunteer Income Tax Assistance need ?
Volunteer Income Tax Assistance need ? The Volunteer Income Tax Assistance Program (VITA), sponsored by the IRS, is offering free Basic Training Classes in the Wash., DC area Jan 6, 13, 20, 27, 1996. The hours are from9am-5pm each day. The course prepares you to prepare income taxes for the low income and elderly. It also an excellent and FREE way to learn about income tax preparation. For those with experience or who are past volunteers, a Refresher course will be held on Jan...

Does anyone know the rules about military paying state income taxes in Virginia?
Does anyone know the rules about military paying state income taxes in Virginia? Specifically, does a military member from another state have to pay Virginia state income tax? What if the military member purchases a home in Virginia? Does buying a home make the military member a resident?I don't claim to be an expert, but typically you need to establish residency in a state to get on their tax rolls. Buying a house, getting that state's drivers license, registering to vote are examples. ...

How much GLOBAL income tax in Virginia ?
How much GLOBAL income tax in Virginia ? I've been looking on the net for specific informations, but was not able to get any that I could digest easily. In a nutshell, I'm thinking about moving in the state of Virginia from Canada to work in the IT field. One of the many factors influencing this decision is the income tax versus what we pay here. So in short, I'm looking for the taxation level paid by an individual globally (State and Federal level) Let's pretend these applies - Salar...

Where is the law that proves that a natural born United States citizen has to pay a federal income tax?
Where is the law that proves that a natural born United States citizen has to pay a federal income tax?-More information is needed. Did this "natural born United States citizen" earn any taxable income and how much, where did he live while earning the taxable income, and did the income come from a source within the United States? - I hate to break it to you but a grand for the full year ain't that much anywhere... and for the cost of living in Hawaii, poor Helga must not have mu...

paying US income taxes?
paying US income taxes? My friend's daughter was born in the US and is now living with her family in Canada. I believe she's a Canadian citizen and will likely start working here soon (she's in her teens). Is she required to pay income taxes to the IRS on her income earned in Canada? What about Canadian income taxes?Canada imposes income taxes on residents, so if she is working in Canada, thereby earning income, she will have to pay Canadian income taxes on her international income...

U.S. Income Taxes: Voluntary or Not??
U.S. Income Taxes: Voluntary or Not??-Give us some of your wages or we won't protect you from our armed stooges." Is it "voluntary" if give them your money? -The taxes are not voluntary, they are mandatory. The tax collection sytem relies on voluntary compliance. But if you don't voluntarily comply with the law, you will be forved to do so. -That sounds like an oxymoron: enforced voluntariness!! In which section of the United States Code does it say, the government may en...

Many pay no U.S. Federal Income Tax ?
Many pay no U.S. Federal Income Tax? I read that in 1999 48% of federal income tax filers paid zero tax. Furthermore, due to the Earned Income Tax Credit, many of these persons got money back from the IRS resulting in a net gain for those persons. I suspect some people who think our system unfairly favors the rich do not know these facts.-I love posts that begin "I READ" without giving any information as to the source of where the person read the information. You probably read that...

There is no such thing as United States income tax ?
There is no such thing as United States income tax ? The tax is levied against "taxable income.-The most comprehensive explanation of which is found at a website called, not surprisingly, http://www.taxableincome.net -Not really. The income tax is measured/calculated based on taxable income, and is levied against the individual or entity that earns/generates the income. Of course it doesn't matter what reality is, -That's contradicted by the regualation: “Sec. 1.1-1 Income...

Resident of Ohio or Texas for state income tax purposes?
Resident of Ohio or Texas for state income tax purposes? I work for a company in Ohio. I have an apartment in Ohio and have lived there for many years. My job required me to be at a work site in Texas much of 2002. The first week of January 2002, I went to Texas and checked into a hotel. I checked out 10 months later. I was in Texas this entire time period except for about 10 weekend trips to Ohio (I still kept my room in Texas). During these 10 months however, I still paid rent for...

States without Income Tax or, etc. ?
States without Income Tax or, etc. ? I'm in the process of acquiring a government job that will post me overseas. All of my family as scattered to other states and I'm the only one left in Southern California, so beyond it being where I'm registered to vote, I really don't have any ties to the area or the state. WHEN (not if, I'm thinking positive) I received a confirmed offer, I will be moving to the area of the training center, with the government packing and store all of m...

What states have no income taxes?
What states have no income taxes?-No state individual income tax: Florida, Nevada, Wyoming, Washington, South Dakota, Alaska. Tennessee and New Hampshire tax only interest and dividend income of individuals. No state corporate income tax: Nevada, Wyoming, Washington, South Dakota. The Michigan Single Business Tax is not an income tax, but an addition- method value added tax; however, the computation of the base begins with federal taxable income. No state sales and use tax: New Ha...

Income tax in Washington State?
Income tax in Washington State? The alleged fact that Ron Sims is apparently pushing the idea that Washington State should have an income tax deserves an automatic NO VOTE for the office of Governor. Income tax in Washington State? No way - what an evil concept. The concept is revolting. Don't forget that income taxes create huge monsters, just look at the IRS. Also remember that the Second Plank of communists/socialists: A heavy progressive income tax on earnings… Limitation of priva...

How can I find the individual state income tax rates for each of the US states (that has an income tax), short of contacting each state tax commission?
-Check out the Federation of Tax Administrators Home Page. I'm not certain what their URL is, but I have a link to them from my home page (http://www.taxweb.com). Also, if that doesn't help, try going to your local library and finding a copy of the CCH State Tax Guide. I believe that this is a multi-volume set that lists the tax rates for each state (among other things). -Check out the Federation of Tax Administrators Home Page. I'm not certain what their URL is, but I have a link to the...


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