how much taxes on $1000000 income?

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Answered: Protection of Income as a tax deduction

"Protection of income" might be disability insurance. As an employee, you can deduct mandatory contributions to state benefit funds withheld from your wages that provide protection against loss of wages. For example, certain states require employees to make contributions to state funds providing ...

Answered: Can someone tell me how i can get a transcript of my 2007 income tax

Who is "they". The IRS can provide you with a transcript. Go to your local IRS help center for assistance.

Answered: Income tax

If they didn't pay you until January 1, 2012, then the W2 was correct even though you were earning the money in 2011. But then the month of December 2012 might be paid in January 2013, so it is not unfair. Most people would prefer to have December earnings paid in January so it's not taxed right ...

Answered: What is excise tax and regressive tax?

An excise tax is a charge on some goods - such as oil. Excise is an example of a regressive tax along with such taxes as payroll tax . They are considered regressive as they are usually levied upon a business and they have the characteristic of not contributing to the growth or development of that ...

Answered: Do I owe federal taxes if I receive a gift card as a Prize in a

Technically, yes. If you don't report it, then, no.

Answered: How can i view the federal tax return i sent electronically through

You could make a copy when finished or save it. Go back and check it.
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Income Tax!!!

Not quite enough info to answer the question. Did you cash in the entire annuity? Was it a qualifed (retirement plan) account? Did you make any previous withdrawals? Most modern annuities have principal protection built into them so that you can get back what you invested.

Income tax credits

In addition to the Hyvrid vehicle credit and the tax credit for state and local sales tax on new vehicle purchased in 2009 costing under $49,500 and under 8,500 pounds, there should soon be a new credit. If you have an old car, the EPA wants to get it off the street. The federal government will soon ...

What Happens If You Don't File a Tax Return?

You should have suggested that they get paid in cash; no W-2s or 1099s. Uncle Frank

Will there be a 6,000 credit given to homeowner this year when you file

There is a home buyer's credit not a home owner's credit. It is available for 1st time buyers and for repeat buyers that had been in their previous home for at least 5 years. The article is posted at www.irs.gov