Taxes - October 2006

2006-10-28 05:28:36 · 7 answers · asked by jcmcjm 1 in United States

What would be the tax if I spent $16.00? (Michigan tax is $00.06 for every $01.00)

2006-10-28 05:23:29 · 3 answers · asked by xoxoDewtYxoxo 3 in United States

the computer cost me about 1500 $ how much is gonna chage me? thanks

2006-10-28 05:13:57 · 9 answers · asked by tripasverdes 2 in United Kingdom

2006-10-28 03:54:06 · 2 answers · asked by csuh116 1 in United States

2006-10-28 03:08:07 · 2 answers · asked by Amy M 1 in United States

I got a notice in June 2006 saying that my Federal Income Tax for 2004 was incorrect and I owed money. I've been using the EZ form for 12 years, do it all myself and have never had a problem. I didn't think I did anything wrong but I had to prove it. I had made copies of what I sent in. But, right around the time I filed, I moved and couldn't find the 2004 forms anywhere. I requested transcripts but they didn't come in time. So, I thought I'd just pay it and get it over with. Today, I just got a certified letter from my State Dept of Taxation saying that I owe them money too. Back in June, it didn't cross my mind that the amount on Fed tax was going to change the amount on my State tax. I now have the 2004 transcripts & found the original forms I filed. By sending in the money to the Fed tax, I admitted that I made a mistake, even though it's not actually true. Can I prove to the State that I don't owe money, or is it too late & I have to pay it? I have less than 60 days to dispute.

2006-10-28 02:58:14 · 9 answers · asked by ☆skyblue 7 in United States

2006-10-28 02:44:42 · 6 answers · asked by Anonymous in Other - Taxes

I was there on a working visa, which meant that if I became unemployed or retired, my visa would be invalid and I would have to leave. I understand paying tax - I did use some public services, walk/drive on well-lit roads etc. However, since I was ineligible to receive unemployment benefit or pension in Japan, why did I have to pay for these from my salary?

2006-10-27 22:24:39 · 3 answers · asked by Anonymous in Other - Taxes

2006-10-27 20:26:48 · 4 answers · asked by SACHIN K 1 in India

IBNR consider a liability/Payable. Can I file it with tax if file as accrued basis?

2006-10-27 19:06:00 · 1 answers · asked by Frank V 1 in United States

tell me about the last date of submitting the audited income tax return for bussiness for the year 2005 to 2006

2006-10-27 17:48:34 · 4 answers · asked by sweety_diwa 1 in India

Say I buy a house for $100K whose price exactly keeps pace with inflation. If inflation runs at an average of 3% and if I own the house for 20 years, then in 20 years it will be worth 100K x (1.03)^20 or 181K. If I sold the house, I realize a (purely nominal) gain of $81K, but in reality I'd still need the entire $181K to buy a house of comparable value 20 years down the road (assuming they also appreciated at the rate of inflation). Isn't the tax on the ‘phantom gain’ of $81K unethical since it confiscates part of the purchasing power I tied up when I originally bought the house? It seems to me that this argument would apply to *any* capital asset held for a significant number of years in an inflationary environment, even in a "low inflation" environment like the one we have now. Am I missing something here, or is this blatantly unfair?

2006-10-27 16:25:40 · 4 answers · asked by polyglot_1234 3 in United States

My husband is a police officer and has many off-duty jobs on the side to help make a little extra money. One job he has is doing security at a church. Since, he only makes below $300 a month, the church will not withhold money on his paycheck. Obviously, you have to pay taxes on this income, right? Also, what ideas do you have for getting the church/or us to fix this?

2006-10-27 15:39:52 · 5 answers · asked by Jessica K 1 in United States

What contribution does the 941-V represent?

2006-10-27 15:35:54 · 3 answers · asked by EAW_4 2 in United States

2006-10-27 14:01:12 · 5 answers · asked by Anonymous in Other - Taxes

2006-10-27 12:55:34 · 2 answers · asked by Anonymous in United States

I think I have the answer for this, but I want to check. Here is the infomation.
Steve is single, and had the following items for 2005

Wages----------------------- $40,000
Interest income (taxable) $ 10,000
Loss on theft of securites. (60,000)

This is all the info that I have. I want to check with other people, to see if I got what they get. Thanks.

2006-10-27 11:16:37 · 5 answers · asked by brownskeith 1 in United States

2006-10-27 11:04:58 · 15 answers · asked by Yazzev 1 in United States

2006-10-27 10:56:04 · 2 answers · asked by mess 1 in United States

I am thinking of starting school for it and want to know in general, how much they get paid? I mean is it like 9.00 an hour or something?

2006-10-27 10:45:16 · 5 answers · asked by gobosowas 1 in United States

2006-10-27 08:29:52 · 26 answers · asked by vivek g 1 in India

What’s like to be hated by most of the people in this country? Was that a career choice?
I like you! You want some cake?

2006-10-27 07:40:42 · 3 answers · asked by Silly Jaro 2 in United States

In terms of their behaviour with respect to volume or level of activity!

2006-10-27 07:39:24 · 4 answers · asked by Mz I 1 in United States

Ive invested in an open ended equity mutual fund (reinvest divident)...but still find it tricky to understand..
a. According to the Indian Tax rules, I believe that a redistribution tax of 12.5% would have to be paid.
b. While my fund does have a entry load, there is no exit load. Further the annual fund cost is 1.75%
c. While my NAV was 56.03 when I bought the units, the current NAV is 62.03 (1 year later).
Therefore my questions are...
1. In case I sell my units now...would the distribution tax, annual fund cost be deducted?
2. Assuming that I have 100 units...could someone tell me in Indian Rs what will be the final amount I get in hand taking into consideration the above NAVs and after all the deductions or tell me how to calculate it?
3. what else do I need to keep in mind while selling my units in order to get a profit on my initial investment

2006-10-27 07:06:59 · 5 answers · asked by donkeydo 2 in India

Tammy provides over 1/2 support for her 18 year grandson. The grandson earns 4,200.00 working part time and is saving the money to atttend college next year. The grandson lives in the home the entire year. Can Tammy file head of household?

2006-10-27 06:53:13 · 5 answers · asked by brownskeith 1 in United States

2006-10-27 06:31:43 · 3 answers · asked by doc m 1 in United States

If I pay property taxes (county, water, school) by their due date, but not by December 31, 2006, can I still claim the deduction on my 2006 return (even though I will actually pay in January 2007)?

2006-10-27 06:27:23 · 6 answers · asked by llttexas 1 in United States

2006-10-27 06:11:14 · 4 answers · asked by Anonymous in United Kingdom

2006-10-27 06:03:21 · 6 answers · asked by danielsilvao2000 1 in Other - Taxes

not married, no children, income 25,000

2006-10-27 05:56:17 · 7 answers · asked by girlonair2 1 in United States