Taxes - August 2006

2006-08-28 00:57:25 · 5 answers · asked by fat man 2 in United Kingdom

I am 24 yrs old, looking to get a home loan my salary is ok for approval but i dont have form 16. Is it necessary to get my form 16 and more over i didnt pay ta but going to pay from here only.

2006-08-28 00:23:25 · 8 answers · asked by saran 1 in India

It will be sent to the uk. I think there's a limit of about $300 on things leaving the us?

2006-08-27 23:08:12 · 6 answers · asked by pascal 2 in United States

I know there are some formulas to figure out FICA, and federal taxes, as far as paychecks go. Does anyone know the formulas? For example, i wanna find out how much my paycheck will be on friday, when i get paid for working only 32 hours instead of 40.

2006-08-27 22:27:00 · 4 answers · asked by snafu1 2 in United States

started my own business this year (3 months ago) and earn about $3500/month. i want to report my income as aroudn $60K when I file for tax returns this year. I know reporting LESS is illegal and saw many people getting in trouble for doing that but how about the opposite? (Is it even possible anyway? it surely is not if i'll have to show them my bank statements to proove)

2006-08-27 15:41:46 · 6 answers · asked by Jan K 1 in United States

Or, is it neutral, proportional or regressive?

2006-08-27 15:14:43 · 8 answers · asked by Trae 1 in United States

2006-08-27 14:22:59 · 15 answers · asked by neoblueleo5@sbcglobal.net 1 in United States

The Fed. (headed by Alan Greenspan for years till last year). Regulates the interest rate.
Our debt in the trillions of dollars . To whom do we owe this money; if the US is the richest country in the world and so drowning in debt? WHO IS THIS RICH ENTITY?

2006-08-27 13:41:39 · 11 answers · asked by Anonymous in United States

2006-08-27 13:25:10 · 1 answers · asked by npahno 1 in United States

Do we have to file jointly for this? Are there any other ways to get tax breaks - I am planninng a car purchase- a loan, for example?

2006-08-27 13:12:24 · 5 answers · asked by Discover7 3 in United States

2006-08-27 13:07:58 · 4 answers · asked by Brian H 1 in United States

2006-08-27 12:35:58 · 34 answers · asked by ohshucks 1 in United States

buying a house from my mother in law and plan to pay capital gains for her. i have no idea what it will be. she bought it in like 1960 and she is 71 years old now, don't know if she is exempt or not. she hasn't lived in the house in several years.

2006-08-27 10:13:32 · 6 answers · asked by choicehunter30 1 in United States

My husband and I have two kids we will be claiming on our taxes. He and I file jointly, his ex wife doesnt work but by the end of this year she will have recieved almost half of his yearly income in childsupport for thier two kids. Since she doesnt work can we claim thier two kids as well if nobody is claiming them?

2006-08-27 10:09:25 · 5 answers · asked by ArmyWife 2 in United States

I recently got something in the mail for a leila heald from the irs with my address on it. My name is Lacey heald, and the taxpayer id number was not my social security number either. two days later I got a letter certified mail, which I refused because this is not me. There is no one even by that name in my town. what should I do?

2006-08-27 10:05:24 · 4 answers · asked by Anonymous in United States

looking for a list or web page with a list

2006-08-27 09:30:17 · 2 answers · asked by danny_otwell 1 in United States

My name was on the deed with my Mom, who had died. So then I distributed some of the money this year (an individual can give up to 11,000 no questions asked), and intend to give the rest next year. Should I slow down on the 11,000 in case IRS doesn't understand?

2006-08-27 08:36:54 · 9 answers · asked by Maldives 3 in United States

I know the maximum amount that can be given to a relative tax-free is $10,000 per year. Can someone give 10,000 in December, then another 10,000 in January?

2006-08-27 08:02:00 · 4 answers · asked by kenny_scarface 4 in United States

I opened a collage 529 savings plan for my child. Several reletives have contributed money to the account. I am worried that the IRS will ask me how a got the money.

2006-08-27 06:49:24 · 2 answers · asked by firetime 1 in United States

2006-08-27 05:37:55 · 4 answers · asked by Anonymous in United Kingdom

The disability has not yet been approved.

2006-08-27 04:34:11 · 7 answers · asked by R P 2 in United States

I am getting a setllement from a car accident. Is that taxable or considered regular income? Friends have been telling me it isn't but I am not not sure. It is not a large amount and is under 10K.

2006-08-27 03:39:33 · 12 answers · asked by M L 1 in United States

Lets say you finish your basement or add a bathroom, this adds value to your house. Taxes are partially based on the value of your home right? How does this work? I live in NY if that helps but in general what happens?

2006-08-27 03:11:15 · 5 answers · asked by bopbo 3 in United States

2006-08-26 20:57:05 · 6 answers · asked by Paul M 1 in United States

2006-08-26 20:55:18 · 11 answers · asked by Britt 1 in United States

I am getting ready to in a couple of weeks take an accounting class online which takes 6 weeks for Accounting Fundamentals 1 and then another for Fundamentals 2. I am also going to be learning payroll as well with these course but on top of that I'd like to learn taxes.

Where is some good site for me to check out tax courses besides the H&R Block thing, I'd prefer it be online. Also, would knowing accounting (or learning it online) get me a job, even if I'm not an certified CPA?

2006-08-26 20:53:08 · 6 answers · asked by marylandsoulja2006 1 in United States

I want to sell my unwanted stuff through eBay, and I want to know the shipping fee.
First I put my item on my postal scale and go to USPS web site to calculate the shipping fee. Now I know how much to ship my item, but how much tax do I pay? Multiple by the percentage of tax as same as when I buy stuff at store? I want to know if they charge me some extra handling fee or something like that.

THank you.

2006-08-26 18:30:02 · 3 answers · asked by TabbyCat 2 in United States

I am thinking about entering a raffle where the prize is a new luxury furnished home that they say is a $5 million prize. I don't even think a could afford a mortgage payment on the financing the income tax.

2006-08-26 17:59:09 · 8 answers · asked by Dfwteddybear 7 in United States

I want to go on a volunteer program that costs about 3000 dollars. The brochure says it's completely tax deductable, but my parents say that for them, they're in a "higher tax bracket" and it probably wouldnt be deductable. What the "h" does that mean and is it true? Can something be deductable for one person and not for another or is this just their way of saying they dont want me going?

2006-08-26 16:35:16 · 6 answers · asked by Little Red 2 in United States

I just earned a few hundred dollars on day trading in my IRA account. I know its risky, but the question is: do I have to pay capital gains tax an any gains I make in my IRA account. I have a ROTH IRA.

2006-08-26 16:08:24 · 7 answers · asked by vrconfused 1 in United States