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Can you make payments toward the amount of income tax owed to the state?
Wiki User
∙ 14y ago
Yes. If you owe tax on a state income tax return and you're unable to pay the full amount, contact the state department where you file your return. State income tax departments will work out a payment plan with you.
Wiki User
∙ 14y ago
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Are state income payments deductible on federal taxes for corporations?
Yes, (and individuals). For Corps it is the amount paid (not accrued).
Are income tax payments deductible?
State income tax payments are deductible on your federal income tax return. (You may deduct state income tax or sales tax, but not both.) Federal income tax payments are deductible on your state tax return in a tiny number of states.
Are state income tax payments deductible on a corporate tax return?
Yes. State income (and net worth based) taxes are deductible from taxable income for Federal income tax purposes.
How many years can you deduct state income payments from your federal taxes?
20
Is there a Federal deduction for state back tax payments?
State income taxes are deductible from Federal taxable income in the year they are paid, regardless of when they were due.
Are state income payments deductible on federal taxes for corporations?
Yes, (and individuals). For Corps it is the amount paid (not accrued).
Are income tax payments deductible?
State income tax payments are deductible on your federal income tax return. (You may deduct state income tax or sales tax, but not both.) Federal income tax payments are deductible on your state tax return in a tiny number of states.
What is the maximum amount a person can receive in order to get assistance for medicare payments?
Medicare is not means tested - i.e., eligibility is not affected by one's income or assets.If you are referring to Medicaid, the maximum income amounts differ from state to state.
How often are you supposed to receive child support payments?
Generally, child support payments coincide with the frequency that the obligor receives income. How quickly the obligee receives those payments is a function of how efficient the payor of income is in forwarding them to the State and how efficient the State is in distributing them.
Are state income tax payments deductible on a corporate tax return?
Yes. State income (and net worth based) taxes are deductible from taxable income for Federal income tax purposes.
How many years can you deduct state income payments from your federal taxes?
20
Is there a Federal deduction for state back tax payments?
State income taxes are deductible from Federal taxable income in the year they are paid, regardless of when they were due.
Is there an income tax on treasuries?
Interest payments on Treasuries are subject to federal income tax, but not state income tax. If you buy and sell Treasuries, any capital gains are also subject to federal and usually state income taxes.
What is the main source of income of Washington state?
Net earnings Dividends, interest and rent Transfer payments
What happens if the man dont pay full amount of child support?
The State can take various measures to collect that money, such as garnishment of wages and other income, interception of Federal and State payments such as tax refunds, and liens on real and personal property.
What is the minimum amount for filing taxes over 65?
what is the minimum amount of income that is required to file Alabama state income tax if I am over 65
What is the minimum wage earnings to file state income tax?
Anyone can file. If you had any state income tax withheld from your wages or other payments and are not required to file, you can still file in order to get a refund. People who earn more than a certain amount or who earn certain types of income may be required to file. The point at which you are required to file is different for every state. Consult the instructions for your state tax forms or the web site of your state tax department to find out who is required to file.
