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 Do i have to pay income taxes on a foreclosure?

Answer On One Hand: Debt ReliefThe Mortgage Forgiveness Debt Relief Act of 2007 allows people who lost their home through a foreclosure to exclude the remaining mortgage debt as income on their tax return... Read More »
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Top Q&A For: Do i have to pay income taxes on a foreclosure

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 »
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How to Get Out of Estate Taxes & Income Taxes Without Moving States?

If you do not do any estate planning, your heirs could end up with a hefty estate tax and income tax bill when you die. The estate tax is a tax that is paid based on the total assessed value of you... Read More »
http://www.ehow.com/how_6821494_out-income-taxes-moving-states.html

Can You File State Income Taxes Before Federal Taxes?

Although you do not have to file your federal return first, many states' tax returns require information from your federal return. This means you will have to complete your federal return before yo... Read More »
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