FICA taxes—Social Security and Medicare—are employment taxes. They're imposed on earned income, so here's the good news: Lottery winnings are exempt from FICA taxes because they're not earned income. ... This means you'll pay 37% income tax on the portion of your winnings that exceeds...
Hackers can receive retirement income and disability benefits, known asSupplemental Security Income (SSI), using your SSN. They can also file for unemployment benefits in your name. Medicaid benefits, a government health insurance program, can easily be exploited with a stolen SSN too. File your ...
How much income would your survivors need if you weren’t around and for how long? That’s the only thing that really matters, but in order to answer this you have to know: a. How much you spend, on average, to live each month. b. How much you’ll need to spend to pay for ...
Your family members may receive survivors benefits if you die. If you are working and paying into Social Security, some of those taxes you pay are for survivors benefits. Your spouse, children, and parents could be eligible for benefits based on your earnings. How long does it take to becom...
But interest is not deductible, securitization is minimal and landing standards are pretty high; There is no Fanny/Freddy/Ginnie like gvt support; interest rates are a multiple of US ones: if you have negative equity you still have to pay and if you cannot pay and the property is ...
While you do have some valid points, but I wouldnt really brush off the "life is too short" argument and the instant gratification feeling. Say if you make 100K, your take home pay is 75K, that puts your monthly income at roughly $6000. If you live with parents and dont have any deb...
You can tell her she can stay with you for a small monthly fee to cover some of the costs related to her living there.She also has to pay all of her other bills on her own. The monthly fee she pays you should be the first thing that comes out of her child support check, not so...
spent $1000 on repairs. At the last minute, the transmission dies. You can pay $600 to have it repaired, or sell the car “as is.” In each of the following scenarios, should you have the transmission repaired? Explain. A. Blue book value (what you could get for the car) is ...
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