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Form a 6 Tax 2013
HAWAII IF APPLICABLE / / 1. APPLICANT INFORMATION: (PLEASE TYPE OR PRINT CLEARLY) HAWAII RETURNS FILED IF APPLICABLE 20______ 20______ 20______ Applicant’s Name ________ ________ ________ Address STATE APPROVAL STAMP (Not valid unless stamped) City/State/Postal/Zip Code DBA/Trade Name 2. TAX IDENTIFICATION NUMBER: HAWAII TAX ID # W - FEDERAL EMPLOYER ID # - ...Show details
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How do I fill out 2013 tax forms?I hate when people ask a question, then rather than answer, someone jumps in and tells them they don't need to know--but today, I will be that guy, because this is serious.Why oh why do you think you can do this yourself?Two things to consider:People who get a masters degree in Accounting then go get a CPA then start doing taxes--only then do some of them start specializing in international accounting. I've taught Accounting at the college-level, have taken tax classes beyond that, and wouldn't touch your return.Tax professionals generally either charge by the form or by the hour. Meaning you can sit and do this for 12 hours, or you can pay a CPA by the hour to do it, or you can go to an H&R Block that has flat rates and will do everything but hit Send for free. So why spend 12 hours doing it incorrectly, destined to worry about the IRS putting you in jail, bankrupting you, or deporting you for the next decade when you can get it done professionally for $200-$300?No, just go get it done right.
What is your reaction to Mayawati's statement: "If Ram statue OK, why not mine"?Do you remember these guys?Suresh Raina, Piyush Chawla, RP Singh (Photo Credits left to right: Wikipedia, Wikimedia, Vimeo )Surprised at what this has to do with the question? Please allow me to explain.FLASHBACKThe 700 crore Ambedkar Memorial Park at Lucknow is probably the most ambitious project among all the memorials and statues built by Mayawati Government across Uttar Pradesh. Total cost: 2,600 crore INR.In 1994 Mayawati inaugurated the Dr. BR Ambedkar Sports Complex in Lucknow. The stadium boasted of 72 crore worth of infrastructure: — 6 tennis courts, 4 basketball courts,— the only Olympic-sized swimming pool in the state at that time!— cricket ground with good seating capacity,— indoor stadium housing Table Tennis area, Badminton courts, Gymnasiums— hostels for athletes and residence for coaches;Suresh Raina, R.P. Singh and Piyush Chawla were among some of the athletes who were nurtured by the complex. It also hosted some reputed state and national level tournaments. The lush green sprawling complex also became a part of the lives of the locals who could be seen jogging, playing and witnessing sports activities.The complex’s only fault was that it shared its boundaries with an old Ambedkar Memorial which was constructed in 2003.END OF GAMESIn 2007 when Mayawati became the Chief Minister of U.P., she announced the re-construction of the old memorial into an even larger and more elaborate one. In July 2007 the complex staff and their families were given 4 hours to vacate the premises to facilitate its demolition!A legal battle ensued.No prizes for guessing on who won.The officials and athletes were moved to hostels and complexes in other cities that failed to measure up to their old home. Who knows how many blooming careers got trampled that day? It was a sad time for sports in the state, whose infrastructure was already in shambles.AFTERMATHIn return for their tax money the public got a brand new ‘Ambedkar Memorial’.With many Mayawati statues and her handbagMayawati ‘emblem’ with the HandbagsHandbag, Handbag, Handbag…(Image Sources )Seriously, what is with the bag?!Some of these statues are estimated to have costed 3.5–7 crores.‘The Elephant Corridor’: Featuring 62 giant elephants on either side, each of which costed around 70 lakhs each.Oh by the way.. this is her political party symbolTo be honest there are other statues as well, honoring those who worked for equality and justice - Jyotirao Phule, Narayana Guru, Birsa Munda, Shahuji Maharaj, Bhimrao Ambedkar, Kanshi Ram and others.But, you now know who the star of the show was.TOURISMThe memorial has become popular, but visitors are mostly from within the city and nearby towns.A couple of Bollywood songs have been shot at this place.The memorial was constructed in a posh residential area of the city, with Taj Mahal Hotel and Sahara City nearby. Due to high property rates it wasn’t lucrative for small businesses to flourish here.The memorial is not the sole cause of tourism growth. Other contributors in the vicinity include two massive green parks, a badminton academy which can hold national & international tournaments, a beautiful riverfront, theaters, shopping malls, private and government offices.THE BIGGEST BENEFICIARIES?Mayawati’s assets have always been in question but she has always claimed that her wealth comes through gifts donated by faithful supporters of her party.Her regime saw her brother also benefiting exponentially - from net worth of 7.5 crores to 1316 crores. That is roughly 18000% in 7 years!He opened several companies (5 in below pic) who received funding from a host of ‘shell’ companies, ghost investors and ‘sweetheart’ deals. Whether this has any relation to the memorials and statues has NOT been established.After Mayawati’s term ended and Akhilesh Yadav’s Government took over, the police started investigating an alleged 40,000 crore statue scam.The former Lokayukta of U.P., submitted his report to former CM Akhilesh Yadav in which Mayawati was exonerated but 199 other individuals were indicted.The UP Lokayukta said that around Rs 4,188 crore was spent on the purchase and finishing of stones for the memorials, out of which around 35 percent went into the pockets of ministers, bureaucrats, politicians, contractors and engineers.In latest developments the High Court and Supreme Court have tightened their noose around Mayawati over the matter. The sweet irony is that the inquiry which was started by Akhilesh Yadav’s Government has come back to haunt Mayawati now, when she is all set to form a coalition with him in the upcoming Loksabha Elections.Akhilesh Yadav too is being probed under an illegal mining scam and irregularities worth 97,000 crores during his regime. I am no fan of statue building, but to answer the question:The Ram statue is Lord Ram’s statue and not Yogi’s statue.CSR funds for tourism and other private donations will be used to construct the statue (not taxpayer’s money).  Under Companies Act 2013, organizations can choose to donate these funds on a variety of projects such as education, health, water, poverty, sanitation, tourism, etc. (Below - U.P. CSR fund spending in 2017–18)The State Government will be spending on the infrastructure around the statue. This is one of the several projects of Yogi’s Government for improving religious tourism in the state. Given the success of Kumbh 2019, this claim may have some weight.Hopefully Yogi’s sister, who sells flowers, will not see an exponential rise in her net-worth like Mayawati’s brother.Speaking of flowers…5 crore cash garlandGift Courtesy: ‘Faithful Party Supporters’Pic Courtesy: The Citizen(All images above without credits are from Wikipedia/Wikimedia under ‘labeled for reuse’ license)Footnotes DSS Little Masters Cricket Championship UP: Demolition of Ambedkar Stadium for Mayawati's dream project Demolished stadium left a void hard to fill UP Assembly polls: BSP banks on Mayawati’s statues for campaigning Mayawati statues to be included and counted in census 2011 Ambedkar Memorial Park - Wikipedia Ambedkar park - it doesn't get grander than this - Times of India Gomti Nagar - Wikipedia Mayawati pays Rs 15 crore advance tax Rs 1,300 crore rise in assets of Mayawati’s brother under income tax lens Massive setback to Mayawati, brother Anand Kumar’s Rs 1,300 crore wealth under IT scanner Do Not Spare BSP Leaders Accused in Rs 1,420 cr Memorial Scam: Allahabad HC to UP Govt Mayawati has to deposit money used for erecting her statues, BSP's symbol elephant: Supreme Court Irregularities worth Rs 97,000 crore under Akhilesh Yadav government: CAG Illegal mining scam: The corruption case against Akhilesh Yadav Uttar Pradesh aims to tap CSR funds for 100-metre Ram Statue in Ayodhya https://csr.gov.in/CSR/state.php... Gurudutt Mallapur's answer to What do you think of Yogi Adityanath government's plan for a grand Ram statue in Ayodhya? Meet the sister of CM Yogi Adityanath who sells flowers and lives simple life Vemula Impact: Dalit-MBC Tailwind for Mayawati Campaign in UP
Why is the alternative minimum tax form of 6251 so onerous to fill out?To make things simpler, ironically.The purpose of the AMT is to ensure that the uber rich pay at least a minimum amount of taxes, but has since morphed into something that hits the upper middle classes*. It does that by having fewer tax brackets, fewer allowed deductions and a higher standard deduction. What you owe is whatever causes you to pay more taxes.However, this needs to be done in addition to the traditional tax calculation. So you need to take your calculations of your various income measures, and put back in various deductions that are disallowed under AMT rules. Or have to be recalculated. It’s a pain.Either someone decided that this was easier than having a completely separate tax form to calculate your AMt tax or someone lobbied to have mor complicated taxes so you’d go to one of the tax places or download tax software.*With the Trump tax changes, AMT affects fewer people.
Is it okay to submit a Form 67 after filling out my tax return?As per the law, Form 67 is required for claiming Foreign Tax Credits by an assessee and it should be done along with the return of income.It is possible to file Form 67 before filing the return.The question is whether the Form can be filed after filing the return of income. While the requirement is procedural, a return may be termed as incomplete if the form is not filed along with the returns and an officer can deny foreign tax credits.However, for all intents and purposes if you file Form 67 before the completion of assessment or even with an application u/s 154 once the assessment is completed, it cannot be denied if the facts have been already disclosed in the return and teh form in itself is only completing a process.However, to avoid adventures with the department and unwanted litigation, it is always prudent to file the form with the return of income so that it is not missed out or forgotten.
How do I fill a W-9 Tax Form out?Download a blank Form W-9To get started, download the latest Form W-9 from the IRS website at https://www.irs.gov/pub/irs-pdf/.... Check the date in the top left corner of the form as it is updated occasionally by the IRS. The current revision should read (Rev. December 2014). Click anywhere on the form and a menu appears at the top that will allow you to either print or save the document. If the browser you are using doesn’t allow you to type directly into the W-9 then save the form to your desktop and reopen using signNow Reader.General purposeThe general purpose of Form W-9 is to provide your correct taxpayer identification number (TIN) to an individual or entity (typically a company) that is required to submit an “information return” to the IRS to report an amount paid to you, or other reportable amount.U.S. personForm W-9 should only be completed by what the IRS calls a “U.S. person”. Some examples of U.S. persons include an individual who is a U.S. citizen or a U.S. resident alien. Partnerships, corporations, companies, or associations created or organized in the United States or under the laws of the United States are also U.S. persons.If you are not a U.S. person you should not use this form. You will likely need to provide Form W-8.Enter your informationLine 1 – Name: This line should match the name on your income tax return.Line 2 – Business name: This line is optional and would include your business name, trade name, DBA name, or disregarded entity name if you have any of these. You only need to complete this line if your name here is different from the name on line 1. See our related blog, What is a disregarded entity?Line 3 – Federal tax classification: Check ONE box for your U.S. federal tax classification. This should be the tax classification of the person or entity name that is entered on line 1. See our related blog, What is the difference between an individual and a sole proprietor?Limited Liability Company (LLC). If the name on line 1 is an LLC treated as a partnership for U.S. federal tax purposes, check the “Limited liability company” box and enter “P” in the space provided. If the LLC has filed Form 8832 or 2553 to be taxed as a corporation, check the “Limited liability company” box and in the space provided enter “C” for C corporation or “S” for S corporation. If it is a single-member LLC that is a disregarded entity, do not check the “Limited liability company” box; instead check the first box in line 3 “Individual/sole proprietor or single-member LLC.” See our related blog, What tax classification should an LLC select?Other (see instructions) – This line should be used for classifications that are not listed such as nonprofits, governmental entities, etc.Line 4 – Exemptions: If you are exempt from backup withholding enter your exempt payee code in the first space. If you are exempt from FATCA reporting enter your exemption from FATCA reporting code in the second space. Generally, individuals (including sole proprietors) are not exempt from backup withholding. See the “Specific Instructions” for line 4 shown with Form W-9 for more detailed information on exemptions.Line 5 – Address: Enter your address (number, street, and apartment or suite number). This is where the requester of the Form W-9 will mail your information returns.Line 6 – City, state and ZIP: Enter your city, state and ZIP code.Line 7 – Account numbers: This is an optional field to list your account number(s) with the company requesting your W-9 such as a bank, brokerage or vendor. We recommend that you do not list any account numbers as you may have to provide additional W-9 forms for accounts you do not include.Requester’s name and address: This is an optional section you can use to record the requester’s name and address you sent your W-9 to.Part I – Taxpayer Identification Number (TIN): Enter in your taxpayer identification number here. This is typically a social security number for an individual or sole proprietor and an employer identification number for a company. See our blog, What is a TIN number?Part II – Certification: Sign and date your form.For additional information visit w9manager.com.
How do you fill out a 1040EZ tax form?The instructions are available here 1040EZ (2014)
How do I e fill Income tax ITR-1 form in excel and generate xml in excel 2013?First download the excel file.Then after all the relevant information is filled click on validate.After you click on validate XML file will be generated which is required to be uploaded.
How do I fill out an income tax form?The Indian Income-Tax department has made the process of filing of income tax returns simplified and easy to understand.However, that is applicable only in case where you don’t have incomes under different heads. Let’s say, you are earning salary from a company in India, the company deducts TDS from your salary. In such a scenario, it’s very easy to file the return.Contrary to this is the scenario, where you have income from business and you need to see what all expenses you can claim as deduction while calculating the net taxable income.You can always signNow out to a tax consultant for detailed review of your tax return.
How do you fill out tax forms?I strongly recommend purchasing a tax program, Turbo tax, H&R block etc.These programs will ask you questions and they will fill out the forms for you.You just print it out and mail it in. (with a check, if you owe anything)I used to use an accountant but these programs found more deductions.
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