Taxes - November 2006

trying to estimate cost of living and what I'll have to play with.

2006-11-07 02:50:43 · 3 answers · asked by HermesAlchemist 1 in United States

2006-11-07 02:42:50 · 7 answers · asked by Anonymous in India

a.subtract 4 1/2%
b.add 4 1/2%
c.multiply by 1.045
d.multiply by 1.04

2006-11-07 02:25:00 · 1 answers · asked by Tony R 1 in United States

2006-11-07 01:14:53 · 4 answers · asked by KL 1 in Other - Taxes

escrow account? trust account?

thank you so much.

2006-11-07 00:36:23 · 4 answers · asked by Tara F 1 in United States

I am in a panic. The IRS is going to audit me in 3 weeks. They have ask for receipts for items I claimed on a Schedule C, however, try as I might, I am unable to find them and dont know what to do. I am scared. I did my own taxes. This is for year 2004, but they want to see 2003 and 2005 tax returns as well. At this point I don't really know what to do. The schedule C relates to equipment, software and a class I took. I have tried to remember the when and where of it all, but just can't. If I just tell them I can't find them, what am I faced with? I don't have the money to get an attorney, or CPA. I am beginning to think I am really screwed. Any advise from you folks out there?

2006-11-06 23:38:31 · 6 answers · asked by Anonymous in United States

2006-11-06 22:54:27 · 6 answers · asked by gautam j 1 in Other - Taxes

2006-11-06 21:09:12 · 4 answers · asked by Anonymous in India

A guy I know doesn't collect a paycheck like everyone else at work. He submits an invoice thru his corporation. Where can I find info on how this benefits him financially?

2006-11-06 20:25:19 · 2 answers · asked by snarkymikey 2 in Other - Taxes

i recived a settlement check from a car accident i was in in january, do i have to pay taxes on that money?
like do i have to put it as xtra income!
it was only 6,500.00..
do they decuct it from my initial refund? How does that work!

2006-11-06 17:26:57 · 5 answers · asked by natalie & danny 2 in United States

I saw that a friend of mine is getting wages garnished from her check from her employer. Her total is gonna be like $4000.00. What does this mean exactly and what are some things that she could have done for this to happen? I am not going to ask her because I know she isn't going to tell me.
Thanks.

2006-11-06 17:22:05 · 12 answers · asked by Anonymous in United States

2006-11-06 15:01:34 · 7 answers · asked by jennifer s 1 in Australia

2006-11-06 14:03:01 · 6 answers · asked by Mattie M 1 in United States

this is the question:
During 2006 couples, who are married and have two dependent children, have the following income and losses:
Total salaries$130,000
Bank account interest25,000
Short-term capital gain4,000
Short-term capital loss(1,500)

they also incurred the following expenses:
Qualified medical expenses$20,000
State income taxes paid12,000
Property taxes on home2,300
Qualified residence interest6,000
Investment interest expense7,500
Cash charitable contributions80,000
Tax return preparation fees3,600
Unreimbursed employee business expense20,000

compute taxable income for the year.

2006-11-06 13:56:18 · 6 answers · asked by semira 1 in United States

2006-11-06 13:39:40 · 6 answers · asked by ? 2 in Other - Taxes

If home equity loan is received with points - Does the points are tax detuctible ?

2006-11-06 13:06:06 · 3 answers · asked by asadayan 2 in United States

2006-11-06 12:59:53 · 7 answers · asked by Anonymous in United States

up to how many children can you claime on your taxes to get the EIC. I was told up to 2 and then some has told me up to 3. So iam pretty confused..could someone help me out here please. (thanks)

2006-11-06 12:46:39 · 5 answers · asked by froglegs25276 1 in India

Not-for-profit organization employee

2006-11-06 12:06:31 · 5 answers · asked by Nita 1 in United States

Now I licensed my car in a new state and I am paying vehicle tax to that state. Is this right?

2006-11-06 10:35:33 · 3 answers · asked by Patricia S 3 in United States

If they are not given the same rights as straight people that means they are kind of like 2nd class citizen and shouldn't have to pay taxes for a governmnet that doesn'y support them or do they still have to pay taxes

2006-11-06 10:20:24 · 16 answers · asked by Josie J 1 in United States

lets face it they eat more of the earths resources, take up more space, and we burn more petrol to lug em round. think wot a difference it would make to the economy and the ozone layer..... tax em or not...?????????

2006-11-06 09:36:52 · 15 answers · asked by Anonymous in Australia

As long as you make less than 60,000 a year you should be exempted from taxes. But I'm wondering if the IRS will try to penalize me for not filing every year. I'm thinking of filing now, I'm still overseas, but I don't want to start receiving letters stating that I have to pay penalties.
Anyone have any experience with this?

2006-11-06 09:24:09 · 3 answers · asked by KSR 2 in United States

of America program (a federally funded program) and I am a volunteer. Are my expenses with this program tax deductible ? All some or none ? I have entertainment, food, gas, clothing expenses.

2006-11-06 08:43:17 · 4 answers · asked by bbq 6 in Other - Taxes

2006-11-06 08:27:44 · 10 answers · asked by randomyser 2 in Other - Taxes

i know when you work on the water away from home theres several different deductions you can claim. i went to hr block and they had no idea what i was talking about. who knows and what kind of proof do i need to show them????

2006-11-06 07:39:58 · 4 answers · asked by Anonymous in United States

i want to adjust my income to be at the very top of a bracket.

2006-11-06 07:32:04 · 4 answers · asked by Anonymous in United States

2006-11-06 07:14:34 · 2 answers · asked by cj2100 1 in United States

2006-11-06 06:20:07 · 6 answers · asked by chubby 1 in United States

Full time student throughout the whole year and did not work. I have a dependent and student loans. Will I still get a return like for the child tax credits and refund money for schooling?

2006-11-06 05:31:53 · 9 answers · asked by sassygirl2473 2 in United States