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 Are income taxes voluntary?

Answer Income taxes are voluntary only insofar as citizens have the right to fill out their own tax returns, rather than having the government assign taxes without citizens' input. Any person whose income... Read More »
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Top Q&A For: Are income taxes voluntary

Is paying income taxes voluntary?

No, according to the Internal Revenue Service, the payment of income taxes is not voluntary. In fact, section one of the Internal Revenue Code specifically levies a tax on the income of individuals... Read More »
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Do I need to file income taxes if all I have is interest income?

Whether you need to file taxes on interest income alone depends on your filing status, age and dependency status. For 2009, a single taxpayer under age 65 with less than $9,350 in taxable income w... Read More »
http://www.answerbag.com/q_view/2071040

What income bracket pays federal income taxes?

All income brackets have people who have federal tax obligations, however, the amount of people who owe any taxes drops precipitously as income levels falls. According to the Tax Policy Center, onl... Read More »
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Is retirement income exempt from state income taxes?

Every state handles taxation of retirement income differently. Seven states do not tax personal income at all, two only tax income from interest and dividends, and 36 states offer some type of excl... Read More »
http://www.answerbag.com/q_view/2128484


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