Question by Minnesota_Slinger: We bought a house in Minnesota last year. Should we be getting a form for property tax deduction purposes? We bought a house last year (our primary residence) in the fall. We bought about halfway through a six-month property tax cycle. (I don’t know how other states are, but in Minnesota, people [...]
Archive for November, 2011
Posted in 
Tags: 
Q&A: What does it mean that the federal income tax is a progressive tax?
Posted by Admin on November 3rd, 2011
Question by :Anonymous:: What does it mean that the federal income tax is a progressive tax? What is a federal income tax and what is a progressive tax? What is similar about these two different taxes? Best answer: Answer by VeeveeI think it means…you always have to pay it and they charge what they feel [...]
Self employment tax?
Posted by Admin on November 3rd, 2011
Question by sam & jack: Self employment tax? I calculated my expected self employment income for 2006 in January of 2006 and paid $ 1500 in tax for each of the first 3 quarters; then I went on disability (had a baby) and had hardly any income for the fourth quarter (which I didnt plan [...]
