Taxes - September 2006

Lets see who contributes more percentage wise and which states screw the american worker more, you can be as detailed as you want.. I made $39,000 Gross in 2005, my net which is totaled after state and federal taxes, Medicare and Social Security I will never see, and any payments on health benefits package is $27,100, I got $600 in federal and $340 in state returns, I was in MN but Im in Wi now. Is this bad or what? I file as single male and claim 1 all year. Lets See, and be honest with numbers, I made less than $20,000 a year gross for many years and last year was my highest income ever, lets be accurate.

2006-09-05 12:06:58 · 3 answers · asked by Later Me 4 in United States

I have dual citizenship and am moving to Ireland. Will I have to declare US rental income in Ireland? After US tax deductions, I have no taxable income in US... Will Ireland recognize the same deductions and consider income as non-taxable? THANK YOU!

2006-09-05 11:39:24 · 3 answers · asked by Scott B 1 in Ireland

....when i asked him if he was sure i shouldnt have a shorter self-assessment form n he growls "You fill out whatever WE tell you to ~growl, snort, dribble~" and why the hell did he have a bee up his *** anyway??? Im to be treatd the same as any 'small' business (net profit no greater than £52million.....their def not mine and theres just little old me, lucky if my turnovers more tha 15k. Get a life Mr.Taxman! ok, ive vented. thankyoo n gnite

2006-09-05 10:44:04 · 6 answers · asked by ssssiggghhhhhh 2 in United Kingdom

2006-09-05 10:37:37 · 3 answers · asked by badamcevski 1 in United States

Can someone tell me if I should seek the help of a CPA, How can I fight this notice, They are saying underreported income.

2006-09-05 10:06:01 · 2 answers · asked by N.I.Uboy 1 in United States

Mother passed in Sept 05 (she was 61) and I'm the beneficiary on her 401K accts. Trying to determine the best route to avoid paying high taxes. In the short term, I am looking at possibly using some monies from the accts to help fund a new business. I'm in my mid-30s. What are my options?, how soon do I need to act?, and what is the best route to avoid paying a bunch of taxes?

2006-09-05 09:49:20 · 4 answers · asked by Truck 1 in United States

im getting a car

2006-09-05 09:05:29 · 6 answers · asked by Anonymous in Other - Taxes

We are applying for the house mortgage. We can't decide if we should take points or not..I read a book and it said points can use for deducting tax,,,but no further explainations...anyone, expert, can answer this mortgage &tax question?

2006-09-05 08:34:43 · 6 answers · asked by Clare L 1 in United States

My brother has been a contractor in Iraq for the past 3 years. He has not been to the states in that 3 years. He wants to report his earnings so he is legal. How and where should he start ?

2006-09-05 08:19:27 · 5 answers · asked by slappy 1 in United States

I recently received money from an arbitration settlement. The reward was based on a 1998 Earthquake insurance claim that was never resolved. In my original court filings, I had only asked for $$ to cover damages to the rental property I own. In the settlement, the Insurance company did not admit to fault. I have already spent $$ over the preceding years to repair my property. The reward I received covers the expense I have already incurred and provides for additional funds for possible future improvements to the rental property that I may, or may not incur. What portion of the reward do I have to pay taxes on? Does it only matter it is compensatory vs. punititive? I have to pay taxes on punitiive and not compensatory?

2006-09-05 05:19:54 · 2 answers · asked by DoItYourself 1 in United States

It seems that the HOPE TAX CREDIT and the LIFE TIME CREDIT cannot be used for a lot of things, What exactly can you get credit for? I have read all of the things you cannot use it for:
tuition, books, supplies, room and board, transportation. So what is it good for? What is left to get credit for, because they covered everything that you would have to spend!

2006-09-05 04:55:51 · 3 answers · asked by noggle4 2 in United States

who gets to claim thier child come tax returns if you are sepertated from the mother and the mother makes twice as much as you do?

2006-09-05 04:47:51 · 6 answers · asked by Anonymous in United States

If I have a full time job making over 42,000 per year. If I get a part-time job, paying minimum wage, how much tax should I request they take off my part-time job cheque so I don't end up paying taxes at the end of the year? Thanks

2006-09-05 04:25:12 · 5 answers · asked by Disney Dreamer 3 in Canada

My mother-in-law bought and paid for this vehicle in Arizona. She will have the title very soon.

2006-09-05 04:08:06 · 8 answers · asked by tskeene_28 1 in United States

2006-09-05 03:07:24 · 3 answers · asked by raja raman 1 in India

use and the merits of newspaper

2006-09-05 02:25:07 · 1 answers · asked by nirmal raj 1 in India

2006-09-04 23:57:56 · 1 answers · asked by bar1vin 1 in United States

2006-09-04 23:55:42 · 3 answers · asked by bar1vin 1 in United States

it's not hard i just want to speak norwegian

2006-09-04 23:00:40 · 2 answers · asked by Anonymous in Switzerland

I done my tax return with HR Block last year and does anyone know where I can get a copy of my tax return online from thanks in advance

2006-09-04 22:11:33 · 2 answers · asked by p-nut butter princess 4 in United States

2006-09-04 17:24:02 · 10 answers · asked by Anonymous in United States

on your tax returns? If EVERYONE checked "No" would they get nothing?

2006-09-04 14:43:09 · 30 answers · asked by Hayseedless 5 in United States

given a response ive gotten here i should be able to earn 75-90k per year depending. I am receiving ssdi. currently i dont pay any income tax. what tax % will i expect to pay on my investments given my situation. also what is the maximum income to be considered low income. Does having $1,000,000 in stock put me in another bracket? if so what is the tax on that? Is any of this making sense? i appreciate your response and patience. thank you - charlie

2006-09-04 12:33:20 · 2 answers · asked by charlie h 1 in United States

2006-09-04 12:13:03 · 5 answers · asked by gitsumk 1 in United States

2006-09-04 08:03:18 · 11 answers · asked by ankins 1 in United Kingdom

I'm thinking of donating a working car to a charity for actual usage (not to be sold at auction). In which case i would be able to claim the actual fair market value of the car on my taxes, which is $2500. How much would that actually save me? and yes, i looked it up, if the charity is actually USING the car and not selling it for a profit, i can deduct the fair market value.

2006-09-04 03:53:58 · 10 answers · asked by Meegan 1 in United States

im a truck driver. i work for a company and am not self-employeed. i live in ohio. ill bring in around 40,000 gross this year. no kids, no deductions... im single... white...

will i get or recieve? how much? thanks!

2006-09-04 03:42:38 · 5 answers · asked by sean_mchugh6 3 in United States

Sorry for any errors I am a German who will immigrate to the US!

2006-09-04 03:18:34 · 3 answers · asked by Angie_PA 2 in United States

wondering where i can find how much your allowed per day for tax right off

2006-09-04 03:04:17 · 3 answers · asked by Dennis C 1 in United States

2006-09-04 00:28:43 · 12 answers · asked by charmaine s 1 in United Kingdom