Taxes - December 2006

how is it calculated

2006-12-21 19:48:47 · 4 answers · asked by Anonymous in Other - Taxes

and i get a 1000 christmas bonus , will i be taxed on it and if so by how much?

2006-12-21 19:23:09 · 12 answers · asked by Anonymous in United Kingdom

im ordering 5 things and it all costs 123.95 with shipping charge and addl. delivery fee. if im ordering to Trenton, SC and i live in San Diego, CA how much is the sales tax??

2006-12-21 18:47:05 · 4 answers · asked by Holly♥ 2 in United States

We are Society doing in R & D in IT based in Chennai, We are going purchase software from Bangalore,
What is a Tax rate of CST Tax ? or any exemption is there for Softwares purchase in CST ?

Vendore Telling 4% CST Tax

2006-12-21 18:32:01 · 3 answers · asked by Noorul Ameen 2 in India

I'm not self-employed. I work for a company as a regular employee. I want to know what kinds of receipts I should keep when I file taxes the next year. Donations? Anything work related? Payments on a car loan? I want to be very thorough! I will keep anything if helps lower my taxes!

2006-12-21 18:08:48 · 2 answers · asked by oliviastats 2 in Other - Taxes

2006-12-21 18:03:58 · 9 answers · asked by Anonymous in United States

2006-12-21 17:09:48 · 5 answers · asked by jimmy_rakeshpatel 1 in India

A friend received about 7500 dollars,what is the law on taxes--came from sale of parents real estate

2006-12-21 16:23:15 · 4 answers · asked by ghillips2003 1 in United States

so if you can write a house off of your taxes...from strictly a financial point of view, would it be better to make a small down payment on a home and pay for it as you can(with interest), or to save for a few years and pay for it all up front?

2006-12-21 16:10:22 · 4 answers · asked by to the beat in my head 3 in United States

I am talking about the case when you got 80/20% mortgage loans with 0% downpayment. I know that the 80% one is fully deductable, but not sure if I can deduct taxes for the second one

2006-12-21 15:43:56 · 7 answers · asked by Ekaterina K 2 in United States

(business structure and tax planning: retail, trading options, real estate).

2006-12-21 15:21:38 · 1 answers · asked by E u g e 1 in Other - Taxes

I need to have taxes taken out of my Social Security and they only give you certain rates, can someone tell me which rate is best 7%, 10%, 15% or 25%

2006-12-21 14:34:25 · 4 answers · asked by single2mingle22000 2 in United States

in the Army and I've spent at least $1,000 on stuff for my uniforms and dress clothes and need to know if its tax deductible. I have all the receipts and I'm single and only claim 1 at the end of the year.

2006-12-21 13:52:40 · 8 answers · asked by Anonymous in United States

i am an over the road truck driver for a small company (not owner operator)...
i've heard that i can deduct cell phone, meals, etc. from my taxes. been told that instead to hang on to all the reciepts from all the purchases all year long, i can take an certain dollar amount per day and use that instead of itemizing? any suggestion, ideas?

2006-12-21 13:41:31 · 3 answers · asked by magiceye81 3 in United States

2006-12-21 13:40:08 · 1 answers · asked by Robert L 1 in United States

i am an over the road truck driver for a small company (not owner operator)...
i've heard that i can deduct cell phone, meals, etc. from my taxes. been told that instead to hang on to all the reciepts from all the purchases all year long, i can take an certain dollar amount per day and use that instead of itemizing? any suggestion, ideas?

2006-12-21 13:39:39 · 4 answers · asked by magiceye81 3 in United States

can you include back taxes tha you owe from last year in a bankruptcy?

2006-12-21 13:23:20 · 5 answers · asked by yolandajdukes 2 in Other - Taxes

2006-12-21 12:24:49 · 9 answers · asked by Anonymous in Other - Taxes

2006-12-21 12:09:32 · 7 answers · asked by PAULA P 1 in United States

In the 2006 calendar year I got married and had a baby. I'm trying to detemine the best way to file my taxes in order to maximize my refund. Should my husband and I file jointly or seperately? Also, are there any additional deductions for medical expenses related to the pre and post-natal care of myself and our daughter? I want to have a CPA do our taxes this year, but my husband thinks it would be a waste of money. Would going directly to a CPA be worth the cost or would filing through a program like Turbo Tax with a minimal fee be just as effective?

2006-12-21 11:17:40 · 7 answers · asked by Chelle 3 in United States

2006-12-21 10:55:42 · 6 answers · asked by marcoporres 4 in United Kingdom

Hi, I have a question about taxes refunds, I'm not a resident in the USA, I live in Mexico but I usually go to Arizona to do some shopping according to the season, recently someone told me to keep my receips so I could ask for the refunds of the taxes that I paid because I'm not a resident. So I'm wondering if this is correct, that I can ask for the refunds of that money and if it's true, what do I have to do or / and where do I have to go? Thank you very much!

2006-12-21 10:53:47 · 8 answers · asked by Giss 2 in United States

2006-12-21 10:52:45 · 6 answers · asked by A Mitzvah 2 in Other - Taxes

I understand that I will be taxed on the capital gain that I received for my mutual fund, higher tax especially when I hold my mutual fund and sell it in less than a year. Now how about stock? I believe the income tax on stock will be different since it is impractical to hold a stock for a year and sell it in order to pay less tax... so how is the income tax rate on stocks (capital gain) comparing to mutual funds (capital gain)? (i.e. higher / lower tax rate)

2006-12-21 10:39:38 · 5 answers · asked by man 1 in United States

I was out of work nearly a whole year (2005). I had some stock options that I had to exercize or lose, so I exercized them. The result was what appeared to be a $40,000 gain and after all was said and done, I owe them nearly $5,000. I have not been able to pay them so far this year. I got an extension, but I haven't heard from them yet. Who would I have to call to ask that the debt be forgiven?

2006-12-21 10:18:08 · 12 answers · asked by lowesman4e 1 in United States

I have been using a Dependent Care Savings Account to pay for in-home day care for my children. Do I have to give my babysitter a W-2 at the end of the year? Am I responsible for paying Social Security Taxes for the wages I have paid her?

2006-12-21 10:14:26 · 3 answers · asked by David K 1 in United States

2006-12-21 10:11:56 · 9 answers · asked by Megan D 2 in United States

Will the government tax (income tax) me on the interest that I obtain from my CD?

And let say I have two accounts - one for CD and the other for mutual fund, and have the same amount of principal and same interest rate on both accounts. Will the government tax (income tax) me more on one of the two accounts, or will they both be taxed the same rate?

2006-12-21 10:08:28 · 4 answers · asked by man 1 in United States

2006-12-21 10:00:15 · 8 answers · asked by john k 1 in United Kingdom

2006-12-21 09:44:53 · 7 answers · asked by stonemarji 1 in United States