Taxes - December 2006

Just curious....

2006-12-23 06:23:54 · 5 answers · asked by Chula 4 in United States

A real estate agent told me that I did not have to pay taxes after I owned a property for over two years. Now that I have sold the property I am ready to file taxes and I am afraid that I have to pay a fortune in taxes. I owened the property for 3 years and it was the my main residence. Can anyone tell me if this real estate agent was wrong.

2006-12-23 05:59:54 · 4 answers · asked by majmz2 1 in United States

A real estate agent told me that I did not have to pay taxes after I owned a property for over two years. Now that I have sold the property I am ready to file taxes and I am afraid that I have to pay a fortune in taxes. I owened the property for 3 yars and it was the my main residence. Can anyone tell me if this real estate agent was wrong.

2006-12-23 05:59:07 · 3 answers · asked by majmz2 1 in Other - Taxes

2006-12-23 05:38:11 · 4 answers · asked by keithemartin 1 in United States

I'm in sales and 80% of my cell phone use is for business purposes. I also have my number advertised. Can I write off my cell phone bill on my taxes for the whole year?

2006-12-23 03:46:07 · 4 answers · asked by isladelmar7 2 in Other - Taxes

2006-12-23 02:35:11 · 4 answers · asked by DSmitty 1 in United States

2006-12-23 02:19:29 · 4 answers · asked by latonya j 1 in United States

No more details

2006-12-23 02:01:07 · 3 answers · asked by manav g 1 in India

2006-12-23 01:41:46 · 7 answers · asked by butterrfly04 1 in United States

I'm thinking of going part-time and I want an accurate idea of whether I can afford each of the various options I'm considering.

I'm on a normal tax code (just the standard personal allowance) so I don't need a professional piece of all-singing, all-dancing software, just something that would work out the tax and NI for a single person and tell me what my net pay would be if I type in my gross.

Anyone know of anywhere I can find such a thing?

Yes, I know I can work it out for myself :) but I want to run through six or seven different options and I don't fancy sitting down to do all the maths. I don't have Excel on my home computer.

Thanks in advance!

2006-12-23 00:09:16 · 5 answers · asked by Snakey B 4 in United Kingdom

I ask because of robin hood and the crippling tax system which once supported the upper-classes; some money today goes to the lower-classes, like relief.

2006-12-22 23:13:01 · 14 answers · asked by Anonymous in Other - Taxes

2006-12-22 22:45:56 · 3 answers · asked by superstar 1 in Australia

2006-12-22 22:38:22 · 13 answers · asked by Superchief 1 in United States

I am not going into detail, however I do know I have won a law suit and would like to know do I have to pay taxes on it? The law suit is for $60,000.00

2006-12-22 21:37:21 · 3 answers · asked by Chhaya05 4 in United States

My brother in law uses my address as his address and now IRS is after him for thousands of dollars. I rent this home, so I know they can't touch the property, BUT can they come in and take computers, TV's, etc. They sent a letter stating that they would take whatever action necessary. Can ANYONE help me?

2006-12-22 20:48:52 · 7 answers · asked by need to know 1 in United States

I am an Non-Resident-Indian living in gulf country. I wanted to take a Life insurance Policy from LIC. I came to know there is something called LIC international, which is wholly owned subsidiary of LIC India, operating in Gulf countries. Where should i take an insurance policy from ... LIC International or LIC India? The fact is LIC International accepts only USD and returns in USD and LIC India in INR.

2006-12-22 17:16:59 · 3 answers · asked by coolbuds 2 in India

does anyone know how i would go about helping my boyfriend fix his tax situatuation...he hasnt done his tax returns in..hmmm..like 3 years?!?! (he never had any guidance in this area...lol) so....how would i fix this?? do you think he will get into trouble or owe a bunch of money?? i have no clue how to even start this process( my boss helps me with mine) thanks in advance!!! ;0)

2006-12-22 17:03:09 · 6 answers · asked by thatgirluknow 3 in United States

2006-12-22 16:13:52 · 4 answers · asked by thankful 1 in United States

Hey all!

one quickie for you guys....
I've just moved to the US in october and transferred my savings (under 10k) from my foreign bank to an account in the us. I will start my job and having an income in the US in jan 2007. My question is, do I have to file any tax returns or other stuff in april 2007 regarding my savings transfer from bank to bank this year?

Thanks, happy holidays!!!!

2006-12-22 14:47:48 · 7 answers · asked by Anonymous in United States

I am currently a student in USA, and I have been offered property in cape town (for free) Should I GO? I will have to put my degree on hold for this.

2006-12-22 14:38:16 · 7 answers · asked by metamorph 1 in United States

2006-12-22 14:24:57 · 10 answers · asked by Anonymous in United States

please give me an example

2006-12-22 14:15:58 · 9 answers · asked by Anonymous in United States

please give me an example

2006-12-22 14:15:55 · 3 answers · asked by Anonymous in United States

2006-12-22 14:06:09 · 6 answers · asked by Zelinka H 1 in United States

I had a conversation today with a guy who stated because he was 70 years old that he did not have to pay taxes on capital gain, is this true?

2006-12-22 13:47:47 · 4 answers · asked by GODIS 2 in United States

2006-12-22 13:44:48 · 6 answers · asked by Yomi 4 in Canada

Car bought in February 2006 for 40K and sold in November 2006 for 38K. ~3.3K tax was paid when purchased.

2006-12-22 12:48:21 · 3 answers · asked by metnahel1 1 in United States

I have an employer who has said they "cut the check" for my business. I know I won't receive this until after January 1st as they have left town and won't be back until then. I am sure i will be 1099'd for this in 2006 - do I count this as 2006 income or 2007 when I receive it? Thanks!

2006-12-22 12:21:26 · 7 answers · asked by Maureen S 1 in United States

I was divorced earlier this year. My husband and I filed our 2005 tax return jointly so I filed an injury to spouse allocation form to recieve my portion of the tax return. ...so I thought (as did my CPA). When my refund never came, I called the IRS and they said that an injury to spouse form only prevents you from being responsible for any of your spouse's debt. They informed me that they could not split up the tax return and that they had sent the entire refund check to my ex's address. My ex, of course, said that I wouldn't see a penny of the money. My question is...do both parties have to sign the tax return check for it to be deposited? And if so...is it possible that he forged my name and what should I do if that is the case?

2006-12-22 12:03:41 · 6 answers · asked by Jennifer J 1 in United States

I am in TX and own First Lady's Management Group. I am a Chrisitan and run my business on Christian principles, honesty & integrity. Would you allow me to provide services to you?

2006-12-22 11:40:05 · 4 answers · asked by The Boltons 2 in United States