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Income Taxes

Taxes imposed by the government on the incomes of individuals or organizations, including capital gains

500 Questions

I need to receive a replacement SSA 1099 form for the year 2010.?

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need replacement form SSA1099 for 2021 22& 23

,originals were destroyed in storm

You are disabled and under 65 Will your pension amount be reduced by early withdrawal?

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Social security benefits yes. For other pension plans you should get this information from the trustee of the plan.

If you are under the age of 59 1/2 and you do not meet the IRS rules for the disabled exception from the 10% early withdrawal penalty the taxable amount of the distribution during the year will be subject to the 10% early withdrawal penalty.

How do you get a copy of your 1099-R from Northern Trust?

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If you have questions about the tax forms provided by Northern Funds, please contact

your Relationship Manager or call the Northern Funds Center at 800-595-9111,

weekdays from 7:00 a.m. to 7:00 p.m. Central Time.

Can you print your pilgrims pride w2?

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I just spoke with someone about the W2's for Pilgrim's Pride and was told that they will not be available online. They will be mailed out to the employees/former employees.

What is the significance of 9001 in iso 9001?

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The International Organization of Standardization develops and releases standards. The standards are numbered; a series of standards on the same topic will have a series of numbers assigned. For example, the standards for a Quality Management System is the "9000" series. Within this series there are a number of documents. ISO 9001 is the document containing requirements for the system.

ISO 9001 is part of the ISO 9000 family of standards. ISO 9001 deals with the requirements that organizations wishing to meet the standard they have to meet. ISO 9001 is actually not certified by ISO itself but through a third party certification bodies. It needs to be audited by both an internal auditor and an external auditor in order to get the ISO 9001 certification.

What is the sources of income of a tour operator?

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Sources of Income of tour operator

1. Variable mark-up - based on contracted rates from suppliers: the tour operator makes or adds his own mark-up, which should not be higher than the rate of his suppliers.

2. Use of cost savers and concessions: Example: 15+1=16 free of charge. A maximum of 4 concessions is allowed. For a group of 64 persons, suppliers pay for 60 only and the 4 is income for the tour operator.

3. Use of advance deposits and cancellation fee: money can be used for other services

4. By selling optional tours: selling services outside the tour package

5. Foreign exchange earning: tour operators can gain or lose on this facet, depending on the exchange rate.

What is the tax rate once some has retired?

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The tax rate for retirees varies depending on their income and the specific tax laws of their country or state. Generally, retirees may be subject to income tax on their retirement income, such as pensions and withdrawals from retirement accounts. Some countries or states may have special tax provisions for retirees, such as lower tax rates or exemptions for certain types of retirement income. It is recommended to consult a tax professional or review the tax laws applicable to your situation for accurate information.

Where can a senior citizen or disabled person go for free tax return help I am looking for organizations that offer this service throughout the US.?

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There are several organizations throughout the US that offer free tax return help for senior citizens or disabled individuals. Some options include AARP Foundation Tax-Aide, which provides assistance at local tax preparation sites, the Volunteer Income Tax Assistance (VITA) program, available at various community centers and libraries, and the Tax Counseling for the Elderly (TCE) program, which specifically caters to individuals aged 60 or older. These resources offer free tax preparation services, often provided by trained volunteers.

Where can I find the forms and instructions to file my state tax return?

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You can find forms and instructions to file your state tax return on the official website of your state's department of revenue or taxation. These websites typically provide downloadable forms and instructions, as well as information on electronic filing options. Alternatively, you can also visit your local tax office or library to obtain the necessary forms and guidance.

How many taxpayers in US?

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For tax year 2007 there were, call it 140 million individual tax returns filed. http://www.irs.gov/taxstats/article/0,,id=102886,00.html There are no stats on how many of that 140 mil actually had a tax liability, but if stats remain consistent 60% actually "PAID" taxes.

Do you have to pay US income tax if you are a US citizen living in Australia married to an Australian and you are an Australian resident?

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Yes, as a U.S. citizen, you are generally required to report and pay taxes on your worldwide income regardless of where you live. However, there are certain provisions, such as the Foreign Earned Income Exclusion and the Foreign Tax Credit, that may help reduce or eliminate U.S. tax liability on income earned in Australia. It is advisable to consult a tax professional for personalized advice based on your specific situation.

What time does the tax free weekend start 2012?

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The specific start time for tax free weekend in 2012 will vary depending on the state or jurisdiction in which you are located. Generally, tax free weekends or sales tax holidays begin at the start of business on the designated day, which is typically a Friday or Saturday. It is recommended to check with your local government or tax authority for the exact start time.

Where can I find the forms and instructions to file my federal tax return online?

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You can find the forms and instructions to file your federal tax return online on the official website of the Internal Revenue Service (IRS) at www.irs.gov. Look for the "Forms & Instructions" section, where you can search for the specific forms you need based on your circumstances and access the downloadable PDF versions. Additionally, the IRS offers free online filing options through their Free File program, which provides step-by-step guidance and electronic versions of the necessary forms.

How do income tax laws affect payroll deductions?

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Income taxes affect payroll, because it is the amount of money that is taken out of each check. Income tax must be paid by every working citizen.

When is the last day to file federal income taxes?

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The last day to file federal income taxes is typically April 15th. However, if this date falls on a weekend or holiday, the deadline may be extended to the next business day. It's important to check the current year's tax filing deadline to be certain.

What is the earned income for 80 year old before paying federal taxes?

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The earned income for an 80-year-old before paying federal taxes would depend on their specific financial situation, such as employment status, sources of income, and deductions. Generally, earned income refers to wages, salaries, tips, and self-employment income. It is recommended to consult with a tax professional or refer to the IRS guidelines to determine the specific earned income and tax obligations for an individual in this age group.

FICA includes which two separate taxes?

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FICA includes two separate taxes: Social Security tax and Medicare tax. Social Security tax is used to fund retirement, disability, and survivor benefits, while Medicare tax pays for healthcare benefits for those aged 65 and older.

Where can I learn about the 1040 federal form?

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You can learn about the 1040 federal form by visiting the official website of the Internal Revenue Service (IRS) at www.irs.gov. On the IRS website, you will find resources such as the instructions for Form 1040, publications, and frequently asked questions that can provide you with detailed information about this form and how to fill it out correctly for your federal tax return.

What is the minimum yearly federal income to file taxes?

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For the 2021 tax year, the minimum income required to file federal taxes depends on your filing status. If you are single and under 65 years old, you generally must file if your income is at least $12,550. The thresholds vary for other filing statuses, such as married filing jointly or head of household. It is always a good idea to check the IRS guidelines or consult a tax professional for accurate and up-to-date information.

How long wil 1400000 last in retirement?

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The length of time 1,400,000 will last in retirement depends on several factors including the individual's spending habits, lifestyle, investment returns, and any other sources of income such as pensions or Social Security. However, if we assume a conservative withdrawal rate of 4% per year, this amount could potentially provide an annual income of $56,000 for around 25 to 30 years in retirement.

Am I required to file federal income tax forms?

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Whether or not you are required to file federal income tax forms depends on a few factors, including your income level, filing status, and age. Generally, if your income meets certain thresholds set by the IRS, you are required to file a federal tax return. It is best to consult with a tax professional or use online tools like the IRS's Interactive Tax Assistant to determine if you have a filing requirement.

What level of government may income taxes be assessed?

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Income taxes may be assessed at both the federal level and the state level. The federal government has the authority to levy income taxes on individuals and corporations across the country, while state governments have the power to impose their own income taxes within their respective jurisdictions.

Who has to pay federal tax 1040?

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Any individual who earns income above a certain threshold, typically determined by filing status and age, is required to file a federal tax return (Form 1040) and potentially pay federal income tax. These individuals include US citizens, resident aliens, and certain nonresident aliens who meet specific criteria outlined by the Internal Revenue Service (IRS).

At age 67 do you still pay income tax on social security and retirement?

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The amount of income tax you pay on Social Security and retirement income depends on your total income and filing status. Generally, if your combined income exceeds a certain threshold, a portion of your Social Security benefits may be subject to income tax. It is advisable to consult with a tax professional or refer to IRS guidelines for specific information regarding your situation.

Are retirement checks subject to FICA?

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Social Security retirement checks are subject to FICA taxes (Social Security and Medicare taxes) unless an individual has already reached the maximum taxable earnings limit for the year. Once the maximum limit is reached, no further FICA taxes are deducted from the retirement checks.