Taxes - September 2006

how to compute gain or loss i.e any price or fifo or lifo

2006-09-03 20:34:11 · 4 answers · asked by farhan a 1 in India

2006-09-03 19:26:27 · 5 answers · asked by bricklynn71 1 in United States

I recently started receiving SS benefits. A notification letter states that 30% will be withheld (two ayches, yes) at source.

I assume that a year-end recap document for is sent annually for 1040 season, but should like to have confirmation of this.

Thanks in advance.

2006-09-03 19:17:20 · 1 answers · asked by Anonymous in United States

We already paid the state of Pennsylvania 2.8% on our gross salary when it was earned... Will we pay tax again when we collect it?

2006-09-03 17:11:10 · 5 answers · asked by planning ahead 1 in United States

an electronic spreadsheet and how it has changed doing taxes and how we keep up with informaiton for their yearly return

2006-09-03 14:46:37 · 1 answers · asked by kim 1 in United States

i really wanted to save but i am always tempted to buy something for myself..

2006-09-03 14:37:04 · 8 answers · asked by mary ann b 1 in United States

if you answer ppl on yahoo surely you should be willing to accept a reply so why no return email?

2006-09-03 09:59:07 · 20 answers · asked by Patrick O 2 in Mexico

i bought 2 soft drinks, both costs 1.55, so it should be 3.10 plus tax which is 3.25 or 3.26 total. Instead, i got 3.18 total. Why?

2006-09-03 09:50:57 · 5 answers · asked by [Tsuniper-X] 5 in United States

My husband and I just got married in June and were wondering how we should file our taxes to get the most money back. I have a daughter (who is not his child), I always have been considered head of household and claimed her as a dependent. Can he claim her also even though he is not her biological father? Would it be better for us to file married but seperatley? I'm just not sure what to do and we want to be prepared for this years taxes.

Any helpful information would be greatly appreciated.

Thanks!

2006-09-03 09:38:04 · 3 answers · asked by Ang 2 in United States

2006-09-03 07:08:12 · 7 answers · asked by oyoes79 1 in United States

2006-09-03 06:06:24 · 6 answers · asked by moodyj1 1 in United States

2006-09-03 05:26:47 · 8 answers · asked by stevenpdk2000 1 in United States

2006-09-02 22:54:41 · 4 answers · asked by armand_cummings 1 in United States

2006-09-02 20:27:34 · 5 answers · asked by jitu 1 in India

2006-09-02 19:30:56 · 7 answers · asked by Anonymous in United States

I have no knowledge of the US tax system and the last thing I want is to owe huge taxes at the end of the year. To complicate matters, I am also a Resident Alien - I have a green card so I would like to do things legit. So what can I write off, how to I do it, who does it work? e.g. say I spent $10 on paint, does that mean I have to pay $10 less tax? PLEASE HELP!

2006-09-02 15:57:07 · 7 answers · asked by Toast 2 in United States

I have a large sum of money in CDs and savings now. We do not want to invest that money in stocks as we do not want to take any risk with that money. But I am paying 30% tax on the interest every year. Is there any way I can save some taxes while keeping the safety of the investment. I already maxout on my 401K and IRA. I have one kid and make annual contributions to his 529. Can I transfer some money in his name and reduce my taxes?

2006-09-02 15:32:34 · 4 answers · asked by vinr 1 in United States

What is likely to happen and what's the time-frame in which these consequences would happen?

2006-09-02 14:03:50 · 6 answers · asked by Eric H 4 in United States

why is Uncle Sam penalizing ME for what my employer decides to do? Why should I have to pay a SINGLE CENT more in taxes whether I get paid every two weeks, or every year? Is the government so dumb as to think that what I get paid on a bi-weekly check is actually what I make every week? in other words if I make $500 a week and I get a check for $1,000 bi-weekly, Does the taxman think I am being paid $1,000 a week?!!!

2006-09-02 13:56:21 · 9 answers · asked by Anonymous in United States

a freind of mine has just been issued with a demand for unpaid tax from 10 years ago while he was self employed.Although he paid all of his tax about 8 years ago, he cannot find any paperwork. Will the Inland Revenue have records from 8 years ago? Thankyou.

2006-09-02 13:33:21 · 12 answers · asked by erin 1 in United Kingdom

2006-09-02 12:54:18 · 13 answers · asked by Anonymous in United Kingdom

If you are under 18, but have a job, do you start paying taxes? Is their a certain age?

2006-09-02 12:44:31 · 15 answers · asked by surfer101_317 2 in United States

What are the Statuete of Limitations, GA

2006-09-02 09:07:38 · 3 answers · asked by Ralph B 1 in United States

2006-09-02 08:30:42 · 1 answers · asked by joseph d 2 in United States

2006-09-02 06:39:12 · 4 answers · asked by amy99z 1 in United States

2006-09-02 03:51:25 · 11 answers · asked by Anonymous in United Kingdom

my hubby has a new job,great pay,but we didn't know that STRAIGHT PAY ment there would be No deductions taken out. no taxes,no ss, nothing.he also gets no overtime pay,no sick pay, no holiday pay. How dose my hubby cover his a&&,.we don't need any trouble from the IRS. can anyone help us.Please explain wht he needs to do.

2006-09-02 02:44:47 · 11 answers · asked by sugarcrave 1 in United States

I have taken a home loan of 22 Lacs and I need to repay it in 20 years. The Rate of Interest is 7.75%. My EMI starts from this month September.

What are my advantages in the tax savings for this year over the repayment of loan ?

Exactly how much I will save in the 80cc section (1 Lac cap), so that I can plan to invest the remaining amount.

Thanks for your time and consideration.

-Prem

2006-09-01 20:52:28 · 5 answers · asked by PPK 1 in India

I'm 17 right now and have a job.. however I heard if you make less than a certain amount, you don't have to file taxes for that year? Is this true and if so, what is that amount?

2006-09-01 14:27:23 · 8 answers · asked by cannon 2 in United States

2006-09-01 13:56:58 · 3 answers · asked by Val 2 in United States