Archive for the ‘ Taxes ’ Category

taxes25 How much taxes need to be paid on this (specific) lawsuit settlement?
cogasocfemale asked:


Hello All,
I am getting 35,000 in backpay wages and 10,000 for compensatory damages. I live in the state of Maryland and I just want to know how many taxes will the state take out? What tax bracket does the 35,000 fall in? I want to know exactly what I will be left with after taxes. I already know that they cannot touch the 10,000 because it is for compensatory damages. Thank You!

Comments (3)

taxes8 Pay more taxes if you live work in different states?
b2bMarch2010 asked:


My fiance and I live in Nebraska, he works in Iowa. I have heard that he has to pay taxes in both states. Is this true? If so, will the credit issued for payment to one state equal the additional taxes paid to the other state? Will he wind up paying more combined taxes, than if we just lived in the same state he works in? We are not yet homeowners, but when we do buy, will the deduction for our mortgage interest in Nebraska be credited toward the taxes owed in Iowa?

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taxes19 How do I pay more taxes/forfeit my tax return?
Pearl Jam asked:


I’m 17 and I just got a job with McDonald’s, and I’ve heard about tax returns, and I was wondering how I can pay more taxes and let the government keep my tax return. Is this possible? I want to pay more taxes that the government can actually keep. Thanks
I want to give to the government, not a charity. I’m just asking how I can do it. Can you send them a check?

Comments (7)