Taxes - November 2006

I got my W-2 form for the last year in April - I filled out the other relevant forms and mailed all documentation to the IRS in time. However, three months back I got a letter from IRS saying that they had a problem with processing my documents, because my name was misprinted on my SSN card. As I had been out of town on vacation, I did not see the letter until recently. What should I do now? I don't owe them any money, but will I still get into trouble?

2006-11-05 17:57:45 · 4 answers · asked by Anonymous in United States

2006-11-05 17:30:01 · 3 answers · asked by kichsa 1 in Other - Taxes

after IRS informed me i have income from discharge debt, I want to repay the debt. Do i have income then?

2006-11-05 17:05:45 · 2 answers · asked by Anonymous in United States

2006-11-05 16:06:45 · 2 answers · asked by acidpressure 1 in United States

What about family membership (non-working spouse and kids)?

2006-11-05 15:45:56 · 4 answers · asked by WoodyBretton 3 in United States

2006-11-05 14:25:56 · 6 answers · asked by pintu 1 in India

These stock options are ISOs, which are presumably tax free, so long as I convert the options to stock and hold ALL of the converted stock for a minimum of one year. I don't know however if I will be affected by AMT in the year I convert. Also since the options terminate in January 08, would it be wise to convert them in thirds; one-third this year, a third next and the final third in 08?

2006-11-05 13:15:40 · 1 answers · asked by Get Back 1 in United States

2006-11-05 12:58:11 · 3 answers · asked by Anonymous in Canada

It would be a waste if they send me the 20% downpayment for a house if it gets taxed by the IRS presumably as income(?) on my part even before I purchase a property.

2006-11-05 12:54:59 · 3 answers · asked by D Garcia 1 in United States

...they arent exactly hurting, you know.

2006-11-05 11:57:20 · 7 answers · asked by Gary 2 in Other - Taxes

I need examples on people who are affected by estate tax and people who are affected if there is no estate taxes. I also need sources

2006-11-05 11:46:03 · 3 answers · asked by mel 3 in United States

I just started working in the field, i bought numerous tools during my schooling so I have had some of them for no more than three years, also I don't have receipts for every one of them. what can i do?

2006-11-05 11:28:26 · 7 answers · asked by hardyshay 1 in United States

I had my son in August and had heard about getting extra on your returns for the first year of having a child. I was wondering if this is true how much it usually is and what it is called.

2006-11-05 10:58:08 · 7 answers · asked by ♥♫♥ Crystal ♥♫♥ 4 in United States

2006-11-05 10:33:47 · 3 answers · asked by sids000 1 in Other - Taxes

ok here wht i really mean.......if Alaskan votes to impose a nearly $1 billion-a-year tax on oil companies holding leases for undeveloped natural gas lying in the ground on the state's North Slope region. will it only reflect on the oil companies owners or the regular users of gasoline toooo?

2006-11-05 10:13:26 · 3 answers · asked by L0cA Ch!Ca 1 in United States

Should they be allowed to keep the money and if so do they owe taxes on their winnings? Or are their winnings subject to their countries taxing system?

2006-11-05 08:38:35 · 3 answers · asked by prettycoolchick38 4 in United States

2006-11-05 08:23:57 · 2 answers · asked by Andy M 1 in Other - Taxes

2006-11-05 07:29:43 · 3 answers · asked by RJ 3 in United States

How do they account for all that they get paid for "shoots" and what about taxes on their checks like state, federal and social security?

2006-11-05 07:06:24 · 5 answers · asked by twiggysrevenge 5 in Other - Taxes

I'm a tax accounting student. There's this one part in the chapter business and hobbies that I find odd:

"An activity (that does not involve horses) is profit-seeking if it shows a profit in at least 3 of any 5 consecutive years ending with the taxable year in question."

Can someone help me out deciphering this text? It doesn't explain it further in the book. What's up with the horses? Why not cows or sheep?

2006-11-05 06:16:26 · 2 answers · asked by Jose 2 in Other - Taxes

2006-11-05 05:47:05 · 3 answers · asked by EJermaine M 1 in Other - Taxes

2006-11-05 05:18:50 · 2 answers · asked by Whodene 2 in United States

I have a corporation established in Wyoming for future mining operations. There has been no profit realized since its inception and minimal investment. What federal forms should I file to keep everything upfront?

I established the corporation in April of 2006

2006-11-05 04:19:42 · 3 answers · asked by MalibuSS 2 in United States

I will be domiciled in Ireland starting next year

2006-11-05 04:09:44 · 5 answers · asked by Anonymous in Ireland

I will be domiciled in Ireland starting next year

2006-11-05 04:08:29 · 2 answers · asked by Anonymous in Ireland

2006-11-05 03:55:59 · 7 answers · asked by John O 2 in United States

Im single, no dependants, live in an apartment, can i claim head of household, thus claiming a total of 2 instead of 1 and get a little more on each paycheck to live on, without owing a ton at the end of the year ?

2006-11-05 03:40:56 · 5 answers · asked by kimmy3 3 in United States

2006-11-05 03:14:53 · 4 answers · asked by versatile1 1 in United States

2006-11-05 02:14:25 · 2 answers · asked by Pushpa 2 in India

2006-11-04 23:51:03 · 4 answers · asked by Anonymous in United Kingdom