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 What is a K-1 for taxes?

Answer Partnerships and S corporations use IRS Schedule K-1 to report the share of current-year income, deductions, credits and other items for each partner or shareholder.Who Receives a K-1Each business ... Read More »
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Top Q&A For: What is a K-1 for taxes

What is the difference between payroll taxes&income taxes?

Payroll taxes and income taxes are two sources of revenue for the government. Payroll taxes are also known as FICA taxes.FunctionPayroll taxes only apply to earned income such as wages, salaries an... Read More »
http://www.answerbag.com/q_view/1964507

Is your state planning on imposing new taxes or raising taxes?

Much to my disappointment North Carolina just elected a liberal democrat for governor ; so I guess it is just a matter of time until she gets her marching orders from the messiah to "Spread The Wea... Read More »
http://answers.yahoo.com//question/index?qid=20090102145223AAVWuLn

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 »
http://www.answerbag.com/q_view/2124787


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