Taxes - September 2006

I sold a house in 8/2003 with large profit and has been unemployeed/student until now. I didn't report the profit in 2003 and bought a house 8/2005 with that profit. I'll start work next month and like to report taxes but afraid I may be taxed on previous income. And I don't have receipts of remodeling costs, they're lost during move.

2006-09-08 06:39:23 · 10 answers · asked by curious 1 in United States

Thank you.

2006-09-08 05:44:05 · 1 answers · asked by somebody 2 in United States

If I am a jeweller, I distribute gold worth Rs 5 lacs (market price) in a prize distribution, by selling ottery tickets. my cost of goods sold is Rs. 4,50,000. I also deduct TDS on Rs 5 lacs. Please let me know what would be the accounting entry for the same .... what journal entry would i pass in my books and how would it affect my stock ?

2006-09-08 04:19:31 · 2 answers · asked by shrruti v pillai 1 in India

just got my tax bill & i'd like to compare my tax to those of houses around me & others in my town.

2006-09-08 00:12:15 · 7 answers · asked by ralphie1037 1 in Other - Taxes

Okay I am 20 yrs old, single, never married, no kids. Washington state resident. I just bought a duplex (resedential real estate w/ tenant) It IS my primary residence and I am suppose to live there although I don't. No one knows that. I work under the table (no tax deductions) so I have no proof of income whatsoever. I pay interest for 2 yrs w/ the mortgage I got. I heard a lot about claiming "tax deductions" on the interest, if I work under the table and possibly will get a second just making under $800 a month and I will claim 0. What will the tax deductions on the property give me? Will I get a bigger tax return? Will they pay me back some of the taxes I paid to the mortgage company? Please explain it to me. I deeply appreciate it. Thank You!

2006-09-07 17:34:28 · 7 answers · asked by Dispirited 2 in United States

Normally it's Aug 15, isn't it later this time?

2006-09-07 17:27:32 · 5 answers · asked by Mark P 3 in United States

Why do you have to pay taxes?

2006-09-07 17:24:28 · 7 answers · asked by Fesha 1 in United States

2006-09-07 17:17:26 · 6 answers · asked by helmsshelia 2 in United States

If so, do they have to file both federal and the state of Minnesota?

2006-09-07 16:14:37 · 12 answers · asked by Anonymous in United States

2006-09-07 15:22:08 · 7 answers · asked by Chance_86 1 in United States

2006-09-07 13:34:10 · 4 answers · asked by atlanta_alpha 2 in United States

2006-09-07 11:28:45 · 5 answers · asked by Manish G 1 in United States

2006-09-07 10:04:22 · 8 answers · asked by Chad M 1 in United States

Harvard and Rhode Scholars under the US Treasure Department are now reporting the Bush admin. lied and the true national debt will shock many people. If so, the country is bankrupt so the Bush Adm. should be held accountable for wasting our wealth away and why? (See fms.gov) (See Rep. Jim Cooper -TN)

2006-09-07 09:52:00 · 9 answers · asked by Reba K 6 in United States

I live in Nevada and have not filed my taxes in a few years how far do i have to go back when i finally do get around to filing? I lost all my tax info due to unforseen cercumstances (Ex-boyfriend threw everything away)and now I'm scared of what will happen when I go the IRS.

2006-09-07 09:13:26 · 13 answers · asked by mslorikaraoke 3 in United States

2006-09-07 09:12:10 · 8 answers · asked by jojo 1 in United States

2006-09-07 09:01:48 · 6 answers · asked by Anonymous in United States

I'm getting a big bonus at work and I'd rather not let the government take nearly half.

2006-09-07 06:57:34 · 5 answers · asked by HatTrick1706 1 in United States

The money was already taxed when I received it as income...does it get taxed again when I give it as a gift to my father?

2006-09-07 05:54:20 · 9 answers · asked by ic1212 2 in United States

2006-09-07 05:46:30 · 7 answers · asked by Anonymous in United States

I don't know much if anything about how taxes work. How does donating to charity affect me?

2006-09-07 04:32:20 · 8 answers · asked by Anonymous in United States

2006-09-07 04:27:38 · 12 answers · asked by ChicaLoca 3 in United States

taxes as married or for one parent to file head of household and carry all the children. They are eligible for a refund.

2006-09-07 04:20:49 · 10 answers · asked by lamont p 1 in United States

And do you know what kind of taxes? Thanks.

2006-09-07 04:14:41 · 6 answers · asked by sheba 3 in United States

I have been saving my reciepts from my prescription drugs, and copayments, and other out of pocket medical expenses. I have spent a good amount of money on medical expenses. Will it be worth adding to my taxes? how much do you have to have for it to count?

2006-09-07 03:31:23 · 5 answers · asked by Anonymous in United States

I got a email saying I won money from mr bill ates lottery. I said yeah rite but then he went and asked my religion. I am so mad.
anyone?? oh I did not win I have to pay first PLEASE!

2006-09-07 01:48:33 · 4 answers · asked by skeeter 1 in United States

2006-09-06 20:58:51 · 4 answers · asked by The Oregon Kid 3 in United States

Do you agree or disagree that the USA should get rid of the income tax and create a national sales tax? The poor consume less so naturally they would pay less, but with the fair tax they would be able to keep their entire paycheck. It would save time & money in the government by eliminating tax evasion and freeing up the legal system. The Gov. would save billions by not having to process income taxes, and it would eliminate payroll taxes so companies would have more money to spend boosting productivity, while people will have more money to spend which in turn creates more jobs. Thoughts?

2006-09-06 20:55:16 · 12 answers · asked by junebug 2 in United States

2006-09-06 14:52:31 · 2 answers · asked by merit3162003 1 in United States

2006-09-06 14:43:41 · 6 answers · asked by Austine O 2006 1 in United Kingdom