Best Tax Lawyers Temple, TX

Temple, TX Tax FAQs

• Where does the Tax Court hold trial sessions closest to Temple, Texas?

  Trial sessions in Temple are held in the Dallas Tax Court, located at Courtroom 726, 7th floor Earle Cabell Fed. Bldg. & U.S. Cthse. 1100 Commerce Street.

• Where is the low-income taxpayer clinic that is closest to Temple, Texas?

  The nearest low-income taxpayer clinic in Temple is the Legal Aid of Northwest Texas LITC, located 1515 Main Street Dallas, TX 75201.

• Does Temple charge taxes on Social Security Benefits?

  As Temple has no income taxes, various forms of retirement income, like Social Security Benefits and pension income, are tax-free. Also, Temple does not charge income taxes from an Individual Retirement Account and 401 (K). However, those with other income, in addition to Social Security benefits, have to pay federal income taxes. In 2022, the federal income tax in Temple is $6,941, while its marginal federal income tax rate is 22%.

• Who is not required to apply for a sales tax permit in Temple?

  In Temple, individuals registering for a Timber Exemption Number to buy merchandise used in agricultural and timber operations and those purchasing goods at wholesale prices are not required to apply for a sales tax permit. In addition, independent sales representatives of direct sale businesses in Temple do not need a sales tax permit as the organizations are mandatory to collect sales tax from the independent distributors.

• Who is exempted from paying property taxes in Temple?

  Individuals who own manufactured homes, separate structures, or condominiums, as well as those who move away and will return in less than two years, are eligible to apply for Temple property tax exemptions. They have two years after February 1 to file for a homestead exemption. Property tax exemptions are available to seniors 65 and older, surviving spouses of deceased first responders, veterans, and individuals with disabilities. Furthermore, non-profit organizations and religious organizations may be exempt from Temple property taxes.

• Does Temple provide estate taxes?

  In Temple, there are no state estate taxes. Single individuals, on the other hand, are subject to federal estate tax if their estate exceeds $12.92 million. For example, those with an estate worth $16.22 million have a taxable estate of $3.3 million. Married couples in Temple, on the other hand, do not have to pay taxes if their estate is worth up to $25.84 million when they die. The initial payment on the first $1 million is $345,800, with a 40% marginal rate.

• How to file a sales tax permit in Temple?

  Individuals in Temple may apply for a sales tax permit either online or by mail. For those applying online, go to Texas Online Tax Registration and present various documents, such as the Social Security number, NAICS code, and Texas corporation's file number. Individuals in Temple interested in obtaining a sales tax permit should write to the Texas Comptroller of Public Accounts, P.O. Box 13528, Capitol Station Austin, Texas 78711-3528.