How do I deal with taxes?

Let’s learn how do I deal with taxes. The most accurate or helpful solution is served by Yahoo! Answers.

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How do taxes work?

I've never had a job. I've heard that your taxes are taken out of your paycheck before you are paid. Then I know that people do their taxes once a year. But why do you taxes when taxes are taken out of your paycheck? I still don't understand how taxes work.

Answer:

The tax taken out of your paycheck is an estimate of what you'll owe on the amount you earned, and might...

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Other solutions

How do i deal with taxes on ebay?

Alright. Here is the deal guys. So im trying to get into the ebay scheme. Im currently reading books on it, and trying to educate myself on taxes. My intentions(remember im just starting) is to buy wholesale products and sell them for profit. I read...

Answer:

When you do your tax return, you fill out a schedule C showing all your income and expenses. Income...

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Cat at Yahoo! Answers Mark as irrelevant Undo

How do I deal with my taxes when my employer uses a 1099? How much to save ahead of time to pay taxes later?

save any receipts? How to file & when? Do they send me a 1099 after end of year like W2?

Answer:

Yes, they send you a 1099 much like a W-2. The only difference is that they probably didn't take any...

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memersgo... at Yahoo! Answers Mark as irrelevant Undo

How did the British Raj/Empire deal with taxes collected in multitude of local currencies of princely states?

How was the exchange rate set? How did the Raj deal with exchanging all the taxes collected in local currencies into Sterling Pounds?

Answer:

The coins the EIC recieved they paid out to the thousands of locally hired sepoys, agents and factory...

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Andrew Roberts at Quora Mark as irrelevant Undo

How to deal with Etsy and taxes?

I'm trying to figure out how to deal with an etsy account and taxes. Please give SPECIFIC information and SOURCES. Don't just say you should or you need to count it. Thanks! Blessings!

Answer:

I don't understand what you're asking. When you say deal with taxes, is this as a buyer or a seller...

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wonderin... at Yahoo! Answers Mark as irrelevant Undo

How can a pre-revenue startup avoid paying taxes on a development deal whose proceeds will be spent on building product?

Detail: Our startup is pre-revenue and unprofitable, but we're about to sign a deal that gives a partner company a share of all revenue on a product we're building. That money will be entirely spent on development, but not all in 2010 which is when we...

Answer:

Two choices: 1. add the money to the company as share capital 2. take the money from the partner as...

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Tim O'Donnell at Quora Mark as irrelevant Undo

If you win 1.000.000 on deal or no deal, how high are the taxes?

Won´t they be like a minimum of 27 % and depend on the rest of your income? If you make 40.000 a year and win 1.000.000 - how much do you get to keep?

Answer:

40% taxes on every thing you earn tha is more than $9,999 so i suggest you should go for the first deal...

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DUD4OZEDJ6P27M6GC3BTOALUZM at Yahoo! Answers Mark as irrelevant Undo

How to deal with taxes and tax rebates etc?

i saw that you can only be taxed after youve earnt £6,475 and ive recently started working at my second proper job at £8.50 an hour. i definately know i have not reached my untaxable limit and i was wondering if i do get taxed at all before...

Answer:

If you are a paid employee like most people (on a pay as you earn PAYE tax basis), your tax free allowance...

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Sancia at Yahoo! Answers Mark as irrelevant Undo

How big of a deal is it if I made a small mistake on my taxes?

lets say I already submitted my taxes but forgot to include my interest from my savings which is like 2 dollars.

Answer:

Add the $2 and compare the new taxable income to the tax tables. if the tax doesn't change, don't sweat...

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theriver at Yahoo! Answers Mark as irrelevant Undo

We had our taxes prepared the preparer used someone elses name and id. no.How should we deal with this?

The preparer had already submitted our taxes electronically when we realized he was using a fake name. He also signed us up for a extra we did not want, however we were refunded for that. I have since learned he did not pass his test so the co. was letting...

Answer:

OMG!!! I'd call the IRS, or stop by their local office, and report the situation. Did you talk to the...

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dcpiller... at Yahoo! Answers Mark as irrelevant Undo

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