Answer:

General funds for the US Government, just like income tax money.

First answer by Dblord. Last edit by Dblord. Contributor trust: 156 [recommend contributor recommended]. Question popularity: 1 [recommend question].

Can you answer these Taxes and Tax Preparation questions?

Do you have to pay sales tax on a used car in Texas? Answer it!
Where do you mail in your federal tax return for Maryland? Answer it!
Do prisoners pay income tax? Answer it!
Do I pay taxes on spiffs? Answer it!
What is multilevel tax deduction at source means? Answer it!

Relevant answers:

  • How is capitals gain tax used?

    The federal government uses the capital gains tax for general federal purposes. It is not designated for any specific purpose. Revenues from the tax can be used for anything from soldiers' salaries...

  • What is the capital gains tax on 80.000?

    You are the only one that has all of the necessary information that will have to be reported on your income tax return for the year in order to do the calculation for the numbers that you are looking...

  • When do you pay Capital gains taxes?

    Capital gains are taxes that you pay on profit as a result of selling an asset. Usually you reconcile these when you do your IRS tax returns. You get a credit for the cost of the house (and...

  • How to calculate capital gain tax?

    If this is a business asset then you will have to use the 1040 tax form 4797 to report the transaction on.You will use the information that is on the 1099-B to report the transaction on your 1040 tax...

  • How do you avoid capital gains taxes?

    You need to invest in someone else's name.

Home

Answer these

What phrase rhymes with loss?
In: Rhyming Words
Answer it!
How many number system are available in computer?
In: Computer Worms
Answer it!
How do you get a Lamborghini in San Andreas PC?
In: Halo
Answer it!
What economic factors contributed to the scientific revolution?
In: Economics
Answer it!
» more

Featured guides

» More