Taxes - October 2006

2006-10-30 12:58:39 · 3 answers · asked by Anonymous in Other - Taxes

2006-10-30 12:44:52 · 4 answers · asked by Anonymous in United States

so once a tax year has been audited by the IRS can this year be audited again in the future? Does this fall under the double jeopardy rule?

2006-10-30 11:25:56 · 7 answers · asked by karen h 3 in United States

I just came to know that as I didn't file tax return last year, I might face
serious trouble. My earlier question:
http://answers.yahoo.com/question/index;_ylt=AmsKirfdQVmUSwQA1hm3flnsy6IX?qid=20061030132728AArBJLV

I didn't file because i was new here and I had no idea what to do and how to do. Also my income was extremely low. And I'll be punished for that? Wow.

All taxes were already taken out of my paychecks. Still it was my fault not to file taxreturn!!

Millions of illegal workers make huge money, thousands of them don't pay tax at all. They are still ok. I am perfectly legal resident, and I'll face trouble! Why?

God bless America!

2006-10-30 11:00:50 · 6 answers · asked by Anonymous in United States

I'm a stay at home mother and my neighbor asked if I wanted to do some data entry for her at her home office in a "1099" type of situation. I have NO idea what this means besides it being a tax form for a contractor/subcontractor. Do I have to legally have a business or any type of licenses in order to do this? I want to make sure that everything is done legally. In order to accept this position what do I need to know about the legal ramifications? What about when I file for taxes? -thanx

2006-10-30 11:00:44 · 5 answers · asked by Samantha R 1 in United States

How are the deductions on estate taxes calculated. The family business, which is the estate mainly, is going to cause the tax. Are there any % the IRS goes by based on value? I can only find the maximum % on their site(46%).

2006-10-30 10:48:54 · 3 answers · asked by rwhz199 4 in United States

I believe that the state of California did not send me my 2004 tax refund, is there a website where I can look this up?

2006-10-30 10:40:25 · 2 answers · asked by Leticia R 1 in United States

I am a US citizen of Indian origin residing in India for the past 5 years. I would like to repatriate earnings made in India back to the US. Can I do this? If so, how?

2006-10-30 10:04:40 · 4 answers · asked by vjanand 1 in India

I owe them about 7k & they are taking everything I make above & beyond $143 a week. I CANT LIVE ON THIS!!!

2006-10-30 09:45:19 · 17 answers · asked by imcablesteve 2 in United States

My husband and I just closed on our house in September and I've been hearing all this stuff about how owning a home gives you a break on income taxes. We had rented up until then, claimed 0 allowances, and still ended up getting hardly any refund or actually paying. Homeowner friends of mine were getting thousands back and were in the same situation as us (no children, claiming 0). Can someone tell me what kind of credit we get for owning property? A Tax Professional's opinion would be GREAT!

2006-10-30 09:37:16 · 7 answers · asked by Yuna 2 in United States

2006-10-30 09:19:08 · 3 answers · asked by fattie69 2 in United States

I understand everyother type of tax. Except income tax.
Why should someone be charged directly from their income? It's completely unfair. I'm sure there are better reasons, I'd like to know them.

2006-10-30 09:10:53 · 13 answers · asked by Anonymous in United States

2006-10-30 08:52:51 · 5 answers · asked by Ruth L 1 in United States

My dad has 2 dependents and earn $1050 /month (take home).

He could hardly save. How much could be his tax return after filing?

Status: permanent resident, NY.

Is there any website which discuss this subject broadly?
Thanks.

2006-10-30 08:47:50 · 3 answers · asked by Anonymous in United States

I don't know if trying to do my own taxes with all the different tax forms and laws that pertained back then, its pretty confussing. I don't know if the IRS people would be willing or able to reduce my penalitys as maybe someone like H & R Block or some other tax people. Thru the years I have made payments off and on working with the IRS but that was about 3-4 or 5 yrs ago. I have been intouch with the IRS recently but like I said its pretty confussing and I just want to get this over with. What do you think...And thanks in advance for any advice you have...Shelley

2006-10-30 08:41:56 · 9 answers · asked by Anonymous in United States

Some one told me to hang on to my paycheck stubs and reciepts that i get from using my debit card...

why would i need to hold on to these things and when can i shred them??

2006-10-30 08:39:28 · 10 answers · asked by Anonymous in United States

2006-10-30 08:32:01 · 2 answers · asked by ted 1 in United Kingdom

I live in Oklahoma and they do

2006-10-30 08:30:42 · 4 answers · asked by Anonymous in United States

2006-10-30 08:30:36 · 2 answers · asked by Anonymous in United States

My monthly income is around $900 and my dad's is $1050. We are 4 members in our family, my mom and my brother. I have to pay half of the rent expenses, which is $500, every month. Rest $500 is paid by my dad. I also have to pay for some other expenses for my family around $200. Am I a dependent? I am 22, single. After all these expenses I pay, will I still get return after tax filing?

2006-10-30 08:27:28 · 14 answers · asked by Anonymous in United States

In the year of 2005, I worked in November and December, and made
a total of $1,500. I didn't do tax return files of 2005 cause I was told that it was not important for me to do tax return for such low income of only 2 months. Another reason worked for this, which is, the last check of $550 I got in January 05, 2006.

Was it right?

2006-10-30 07:58:38 · 7 answers · asked by Anonymous in United States

I just got married 3 months ago and tax season is coming up, my husband and I want to file separately becuase we think we can get some $$. We don't have children yet. But I'm wondering if we can file anyways and do we always have to file separately?
Thank you for your response(s).

2006-10-30 07:49:12 · 12 answers · asked by Anonymous in United States

I'm an unmarried mother and part time college student. I would like to get a refund at tax time but the money would be more useful each week.

Also, can you claim more expemtions on your W4 than people in your family? If so, how?

2006-10-30 07:21:17 · 7 answers · asked by Brandi 1 in United States

I'm single, no kids, and no other job.

2006-10-30 07:13:59 · 5 answers · asked by Benny 3 in United States

I am a reserve police officer in Texas. I do not get paid but I volunteer and perform the same functions as the full time paid officers. I have spent my personal money for guns, duty belt, gas back and forth, equipment, etc. Can I tax deduct these items and if so what IRS form would I use? Am I considered employed even though I'm not paid?

2006-10-30 07:12:20 · 5 answers · asked by FL_FunGuy 2 in United States

2006-10-30 06:30:19 · 6 answers · asked by Seeker43 1 in United States

Most people don't know much about preparing tax returns, that's why we go to those who are supposed to be the professionals. But what about when we are asked to pay for Their mistakes? Is that fair?
H&R Block and Jackson Hewitt now offer "peace of mind" guarantees that are supposed to pay for any errors, but is it what it really seems to be?

2006-10-30 06:10:20 · 14 answers · asked by Billy Jack 2 in United States

2006-10-30 05:31:20 · 2 answers · asked by JOEL T 1 in United States

2006-10-30 05:30:54 · 2 answers · asked by John B 1 in United States

Do they have to be a certain age? I have a 3 month old and some people have told me she would have to be living for at least 6 or 7 months to get the child tax. Does anybody know?

2006-10-30 05:20:52 · 10 answers · asked by izy966 2 in United States