When a tax collector sues for vehicle property tax, what does the complaint have to allege?
Dilbert asked: For example, does it have to allege that the vehicle was garaged in the jurisdiction of the tax? Or does it just have to allege that the tax collector has reason to believe that the tax is owed and unpaid, without going into details such as what reason the tax collector has [...]
Is it legal to charge sales tax on money that is being used to repay tax exempt bonds?
Sophia asked: Our community issued tax exempt bonds to build improvements to the utility system. A portion of our utility bill goes to repay that tax exempt bond. However, we are charged sales tax on ALL of the utility bill. Is this legal under the IRS and SEC rules, or should they [...]
What kind of tax return can I expect to get back now that I pay mortgage interest?
Steve H asked: My wife and I just bought our first home in Los Angeles and I know that this coming tax year we can deduct mortgage interest and property tax. We both have full-time jobs, file jointly (both filed with 0 claimed dependants), and have a, before taxes, combined income of roughly $100k. The [...]
How to report property taxes on tax refund when changed property during the year?
Vivalamitsu asked: We sold our house and bought another one in the middle of the year. What property tax amount should i report on my income tax return? The full amount of taxes for the new property or should I report the pro-rated amount I gave the buyer of my old property and the amount [...]
How does the tax deduction work for state and county transfer taxes?
Mike F asked: My wife and I are buying a new house in MD where the state and county transfer taxes will be about $8000. We are going to close in December this year, but will probably take a standard deduction. Can we deduct the property transfer tax even though we are [...]
Live in Tennessee but work in Mississippi. Tax issues?
V asked: I live in Tennessee where there is no income tax. I work in Mississippi where there is income tax but no property tax. So I have the luck of paying one state’s income tax (MS) and another state’s property tax (TN). Now, to pay my MS state income tax, my wife’s salary that [...]
What is an occupational tax with regards to property taxes, besides school taxes, and property taxes?
. asked: What is this occupational tax, I am not working why do I have to pay it?
