Info Type
View Option
Sort by Category
Show all from recent
1. | Sound hypersensitivity, sleep disorders(9view/0res) | Problem / Need advice | Yesterday 23:16 |
---|---|---|---|
2. | How to dispose of mobile batteries and fluorescent...(102view/4res) | Daily life | Yesterday 17:36 |
3. | Buying gold and jewelry(73view/0res) | Other | 2024/06/14 13:42 |
4. | Concerns of Hawaii(3kview/17res) | Other | 2024/06/14 12:32 |
5. | Family Based Permanent Residency(926view/9res) | Visa related | 2024/06/14 06:27 |
6. | Exchange information about living in Waikiki(3kview/38res) | Free talk | 2024/06/13 19:20 |
7. | Disposal of cassette cylinders(198view/3res) | Question | 2024/06/12 07:08 |
8. | About Channel-J(10kview/71res) | Question | 2024/06/07 04:27 |
9. | Green Card Application(3kview/13res) | Visa related | 2024/06/06 17:22 |
10. | About auto insurance in Hawaii.(947view/4res) | Free talk | 2024/06/06 17:03 |
Income tax return for 2020
- #1
-
- Mango
- 2021/06/08 17:59
Aloha !
I completed the process for my 2020 income tax return with my CPA this March. I paid a total of about $ 5,000 to State, Federal. My question is, is it true that I heard that I can get the tax back depending on the amount of unemployment insurance I receive ? Of course, the CPA also included a deduction of $ 10,200. Thank you in advance.
Mahalo.This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #10
-
- tax man
- 2021/06/09 (Wed) 17:01
- Report
> So you are saying that the $ 10,200 that was deducted at the time of filing will be returned in that exact amount?
Since the $ 10 , 200 unemployment insurance
was enacted later than the date of filing,those who filed before the bill was enacted paid $ 10 , 200 more income
in income taxes.
so you are now paying back that excess tax.
Let me give you a simple example.
Suppose the amount of unemployment insurance is $ 20 , 000.
And if your normal income is $ 20 , 000 for a total of $ 40 , 000 and you file a return
tax rate of 10% ( Suppose ) you
$ 40 , 000X 10% = $ 4 , 000 ( Suppose this is the amount payable )
but $ 10 , 200 is now deductible, so
the actual payment is
$ 29 , 800( = $ 40 , 000 - $ 10 , 200)
This $ 29 , 800X10% = $ 2 , 980 is the original payment.
Therefore,
IRS will return the difference $ 1 , 020 ( = $ 4 , 000 - $ 2 , 980 )
that is.This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #11
-
I see.
I would be happy to get a refund of any amount. Thank you for taking time out of your busy schedule.
Mahalo.This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #13
-
- ほやほや
- 2021/06/10 (Thu) 12:35
- Report
I heard a rumor that the Federal deduction is $ officially set at 10200, but the State one is actually still undecided and will be officially decided around July, but I'm not sure what the truth is ?.
This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #14
-
- tax man
- 2021/06/10 (Thu) 20:14
- Report
> I heard a rumor that the State has not actually decided yet and the official decision will be made around July
> but I am not sure ?
As this article says, at this time, the amount of unemployment health benefits is treated as taxable by the state
regardless of the state tax. tax isstill taxable.
Taxes on Unemployment Benefits: A State-by-State Guide
https://www.kiplinger.com/taxes/state-tax/602307/taxes-on-unemployment-benefits-a-state-by-state-guide
State Taxes on Unemployment Benefits: Unemployment compensation is fully taxed in Hawaii.This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
- #15
-
- ほやほや
- 2021/06/10 (Thu) 20:43
- Report
Tax man
Thank you for the explanation that the tax treatment is still the same.
Thank you for the clarification and the link.This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
Posting period for “ Income tax return for 2020 ” has been closed.
Please create new topic to continue the same topic.
- Find local business with Town Guide
-
- No more worries! No need to make prepara...
-
☆ We have a wide variety of Hawaiian and bridesmaid dresses, from simple to authentic Hawaiian dresses, for you to wear at your wedding in Hawaii. Conveniently located within walking distance from m...
+1 (808) 921-8118Muumuu Rainbow
-
- Since 1987, we have been providing a ful...
-
MAP ・ Vision has been in the real estate management ・ brokerage business since 1987, providing a wide range of consistent services from buying ・ selling to managing ・ renting Hawaii real estate to eve...
+1 (808) 971-0101Map Vision, Inc.
-
- Please come and try our delicious omusub...
-
When you want to relax, come to "Iyasu Yume". We offer delicious rice balls and bentos made with handmade rice. Opened in 2000 as Hawaii's first restaurant specializing in omusubi, Iyasumu is a pion...
(808) 465-9682Musubi Cafe Iyasume
-
- We are one of the most experienced immig...
-
We are one of the most experienced immigration law and visa processing firms in Hawaii.
+1 (808) 531-7979Kagimoto, Elton S. Attorney at Law
-
-
+1 (808) 744-1661EbiNomi
-
-
- Cafe ! offers a very popular deli bento ...
-
Cafe ! Delicatessen lunch boxes made with fresh vegetables from Hawaii are very popular
We use a lot of vegetables grown in Hawaii and offer delicious dishes freshly prepared every day. Vegan... +1 (808) 737-2840KAIMANA FARM CAFE
-
- A Japanese-affiliated real estate agency...
-
Located in the heart of Waikiki, Lei Hawaii Real Estate is a real estate agency that offers properties that are uniquely Hawaiian. As a Japanese-affiliated real estate agency, we maintain a thorough c...
+1 (808) 922-3008レイハワイ不動産 | Lei Hawaii Realty
-
- We are the first store in Japan speciali...
-
We are the first store in Japan specializing in fresh cream. With the support of Takanashi Dairy Industry, we are proud of our amazingly rich fresh cream. We offer milky soft ice cream and other sweet...
+1 (808) 376-0435MILK
-
- "Eat Local" We are developing dining roo...
-
"Eat Local" We are developing dining rooms, cafes, steakhouses, and taverns with the theme of local production for local consumption. We will continue to create restaurants that are connected to the d...
+1 (808) 922-2221ZETTON,INC.
-
- The Hawaii Lani Real Estate team has ove...
-
This is Tomoko Kubiak, President of Hawaii Lani Real Estate. We provide the latest real estate listings in Hawaii and a free appraisal service for your valuable real estate properties. Please feel fr...
+1 (808) 386-7984Hawaii Lani Realty
-
- We are Soma Clinic, a general medical cl...
-
Residents, tourists, and international students, both children and adults, can be seen ♪ Referrals to specialists are also available. We also accept cashless insurance in most cases. We are open eve...
+1 (808) 358-2182Dr. Soma Clinic Waikiki
-
- The authentic taste of Hawaii. Sushi Tak...
-
Sushi Legend Takumi Comes to Waikiki ! The acclaimed sushi restaurant Takumi has finally opened its first location outside of Japan at the Ritz ・ Carlton ・ Residence in Waikiki. Enjoy an omakase style...
+1 (808) 729-9717すし匠 | Sushi Sho - Hawaii
-
- Residential and commercial properties, e...
-
A real estate company you can trust. We will work with you and your dreams for Hawaii real estate. We provide detailed explanations of all the procedures involved in buying and selling real estate in...
+1 (808) 957-0080Plus Seven Realty
-
- The organization conducts peace-themed a...
-
It introduces the Native Hawaiian boroughs on the island of Oahu. "Land ・ of ・ Aloha" is a space where various projects are implemented to bring awareness to the realization of world peace. Puuhonua...
+1 (808) 551-2240Land of Aloha
-
- Japanese restaurant in South King, open ...
-
Restaurant Hana-no-sato serves Japanese home-style cuisine and sells delicious Japanese set menus and bentos for lunch ・ and dinner. Alcoholic beverages are not sold, so please BYOB and bring your own...
+1 (808) 949-2679Hana no sato