I’m 15 and make about $500 a month taxable income with my part time job. About 10% or a little more goes to my Federal Income Tax. My employer takes the taxes out. Will I benefit from Obama’s tax plan being that I am only 15, and it is a parttime job?
Tags: Benefit Plan, Federal Income Tax, Federal Tax, Money From The Government, Part Time Job, Parttime Job, Taxable Income, Taxes
Congress Enacts Bigger and Better Home Buyer Tax Credit A tax credit of up to $8000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.
Tags: Congress, Federal Housing, Federal Tax, First Time Home, First Time Home Buyers, Home Buyer, January 1, Principal Residence, Tax Credit, Time Home Buyers