Check out some similar questions!
Income which requires you to file a federal tax return
[ 1 Answers ]
What is the minimum net income which requires a self employed person to file a federal tax return
Corporations: State Income Tax deductible for Federal Inc. Tax
[ 8 Answers ]
I am preparing my 1120 Fed. Inc. Tax return and am a little confused about how State Income taxes accrued during the year play in the determination of the Federal Inc. Tax Payable. Logically, it should look something like this: Steps 1) First, create the P&L Statement following the IRS...
1120: State income tax deductible in federal tax return for corp.
[ 2 Answers ]
In our C Corp. we use the Accrual method of accounting. Nevertheless, in our past Federal Inc. tax returns, my accountant (actually, ex-accountant) has been deducting the State Inc. Taxes PAID in the FY, instead of the accrued tax. I want to start deducting the accrued tax, starting this FY's...
Federal Income Tax and AS state tax
[ 2 Answers ]
Hi Tax Expert, My husband has a non taxable income from the VA. My income bracket is about $23K/yr and we used not pay taxes (claimed exempt) yrs ago because my yrly income was used to be 10K/yr. Since I got employed recently this November 2008, I do not know if we can still declare exempt for...
Who qualifies as a dependent for federal income tax return?
[ 2 Answers ]
My parents are not US citizens or US residences. They lived with me for 6 months in 2007. Can I claim them as dependents? View more questions Search
Add your answer here.
|