I converted a Traditional IRA to a Roth IRA. The federal taxes were withheld – all is well with that (I think). The state taxes were not withheld. Now I owe the state a bunch of money. Can I take the owed amount (or less) from the Roth IRA to pay [...]
Continue reading...Saturday, January 30, 2010
This year I owe 1300 and I was wondering if someone could break the whole taxes owed thing down for me- why do I owe? Did I not pay enough in taxes throughout my work year?
Continue reading...Thursday, December 3, 2009
I will receive a check from a natural gas exploration company to extract gas from land that I own the mineral rights to. What percentage will be owed in taxes? Do I need to prepay the tax to the government, or can I wait until I file my 2007 tax return?
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Saturday, February 6, 2010
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