After winning a home, you'll be responsible for paying the federal income tax based on the home's value. You may also be liable for state income tax, depending on your state of residence. As with any prize, the home'sfair market valuemust be reported onForm 1040as other income, and ...
You could qualify for free or low-cost Medicaid health insurance or $0 premiums for a Marketplace health insurance plan based on your household income, state of residence, family status, disability, or other factors.19Nearly 25% of California health marketplace enrollees have $0 premiums.20Health...
However, some states, like South Carolina, do not require LLCs to file an annual report.² Tax forms: LLCs also need to complete several tax forms: Form 1040: This form is also referred to as a Schedule C form. LLCs use this form to report their income and expenses. Form 1065: ...
This is why Californians pay a higher price for cleaner fuels -- this, plus a local sales-and-use tax, the federal excise tax and a state excise tax. California's distance from the refineries located near the Gulf of Mexico can also add to the cost of gasoline if it chooses to obtain...
is $2.75 per watt, a 15-kilowatt system will cost about $41,250, with the 30% federal solar tax credit reducing the cost to around $28,875. How much does a 15 kW solar system cost in your state? Solar costs can drastically differ depending on where you live due to things like labo...
Is Colorado the Only State Banning Plastic Bags? Canva Is Colorado the Only State Banning Plastic Bags? Colorado certainly is not alone when it comes to banning plastic bags. California, Connecticut, Delaware, Hawaii, Maine, New Jersey, New York, Oregon, Vermont, and Washington have banned disp...
Every locality is different, so check what’s available in your state or local jurisdiction. Medicaid— Low-income families are often eligible for assistance from state-run Medicaid funeral assistance programs. Since individual states operate their own programs, you’ll need to see what’s ...
Every locality is different, so check what’s available in your state or local jurisdiction. Medicaid— Low-income families are often eligible for assistance from state-run Medicaid funeral assistance programs. Since individual states operate their own programs, you’ll need to see what’s ...
South Carolina If your employees work in one of the above four states, you should still contact your state to verify you can run bimonthly payroll. What about taxes? Another thing you need to consider if you run payroll once every two months is how you’ll handle employment taxes. Federal...
The frangle industry is a monopoly, with a demand curve 100-p; where p is the price of frangles. It takes one unit of labor and no other inputs to produce a frangle. The Frangle-makers Guild is a stro...