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-   -   Toc rescheduled (https://classracer.com/classforum/showthread.php?t=21798)

Myron Piatek 11-17-2009 09:46 PM

Re: Toc rescheduled
 
I don't know what it is, but I think there is a loophole. ;)

Beth Denysenko 11-17-2009 10:05 PM

Re: Toc rescheduled
 
Quote:

Originally Posted by Myron Piatek (Post 151985)
I don't know what it is, but I think there is a loophole. ;)

Oh, that would be awesome, Myron! Do share if you find one . . . ;)

Julie Jordan 11-17-2009 11:02 PM

Re: Toc rescheduled
 
All states have laws that require a non-resident to pay income tax on income earned in a state. As you can imagine, few file non-resident returns and claim that income so more and more the states are withholding to make sure the state gets their tax. It is a withholding of tax, not a tax, so all you have to do is file a non-resident return for the state and get your refund. Also, states have reciprocity agreements with each other so if you do pay tax in another state you get a credit on one of the returns so the income isn't technically double-taxed.

danny waters sr 11-18-2009 07:26 AM

Re: Toc rescheduled
 
Quote:

Originally Posted by Beth Kieffer (Post 151987)
Oh, that would be awesome, Myron! Do share if you find one . . . ;)

I'm sure you can come up with enough expense to cover taxes,like fuel ,maintanance, time off work,food ,lodging ect........ Pretty sure an accountant can help you find things . Every $100.00 dollars i make here in NC i get around $70.00. I don't like it either. But i ain't leaving my GRAND CHILDREN & FAMILY to pay lower taxes. NC taxes , i don't like it ,but it is what it is.

X-TECH MAN 11-18-2009 09:13 AM

Re: Toc rescheduled
 
Id rather be paid in CASH....screw the local and Fed. Govt. LOL


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