Taxes - December 2006

My son hasn't won yet, but the sweepstakes involves traveling to Utah from Washington (we're in the U.S.). We'll have to stay in a hotel and will probably be traveling in a limo if he wins. It's a Disney sweepstakes sooo........And how much do you think it might actually be on taxes???Please Help!!!

2006-12-19 14:54:43 · 7 answers · asked by Cody S 1 in United States

2006-12-19 14:43:57 · 1 answers · asked by Emmy 2 in Australia

Here is the situation, I usually do my own taxes, which turn out just fine, but I need help in finding tax breaks that apply to me. I am a roommate, I know about the Hope Credit, but I'm really interested in finding a way to use my textbooks as a tax write-off. Can you guys please help with suggestions on potential things I may use to help get more money back this tax season? Thanks.

2006-12-19 14:42:46 · 6 answers · asked by Andy 3 in United States

My son is only 15 and of course he doesn't pay taxes, and i didn't win the sweepstakes, he did.

2006-12-19 14:36:49 · 7 answers · asked by Cody S 1 in Other - Taxes

To anyone who knows the rules and regulation about filing taxes. I have been giving money to help a poor family outside the country. The question is can I itemized this as a "money gift"? Does anyone know about it? Please serious answer only.

2006-12-19 14:13:09 · 5 answers · asked by ladybug 2 in United States

It is nearing fiscal year end and I want to find out how I can save tax money for my small business that is involved in software consultancy ?

2006-12-19 13:58:08 · 1 answers · asked by Sunny 1 in United States

Instead of getting taxes out of my check, how can i have them NOT take out taxes and write a check at the end of the year instead of them taking taxes out?

2006-12-19 13:06:22 · 8 answers · asked by TheDiciple 2 in United States

How do you go about filing taxes for two jobs? Over the summer I picked up a 2nd job and worked there for a few weeks. Now, do I have combine those earnings with my regular job, or do I file them separately?

2006-12-19 13:04:26 · 6 answers · asked by Andrew G 2 in United States

i'm moving soon and whated to know what i can claim on my taxes

2006-12-19 13:04:13 · 3 answers · asked by Tanya B 1 in United States

I own a business and I know just about everything can be duducted or written off but I don't know exactly what can and can not.

2006-12-19 11:13:34 · 4 answers · asked by Shawn C 1 in United States

i heard you can get back all the money you've paid into your social security benefits and sign off to not receive any benefits when you're retirement age and they stop taking the ss taxes from your paychecks. if this can be done i would like to know how to go about it thanks

2006-12-19 11:00:13 · 9 answers · asked by Sandra R 1 in United States

my husband finished work last february and has since been on incapacity and disability benifits whilst i work full time

2006-12-19 10:54:50 · 2 answers · asked by Anonymous in United Kingdom

My credit was poor, but I have paid for everything and have proof of it- can I claim all the credits? If not, what should I do?

2006-12-19 10:43:39 · 8 answers · asked by mattysmom 1 in United States

Back it up with logic, please. (:

2006-12-19 10:14:05 · 9 answers · asked by ? 2 in United States

I'll admit I am the total procrastinator, so please save the comments.
I need advise, I haven’t filled tax returns for my wife and I since 2002. My wages have been garnished for the 2003 tax year, but I didn’t learn my lesson. I just got another letter saying I owe for 2004 but its more than I can pay. I stand to loose my home, and pretty sure wife if this happens.
Where is the best place to turn for advice and someone who can basically hold my hand through this step by step to file my old returns, and hopefully get me up to par?

Background
Married, father of one and own my home.
Wife worked and I worked full time each year
Total income $100,000

On a side note my wife now stays at home rasing our little girl and keeping me from causing issues like this.

2006-12-19 09:56:58 · 4 answers · asked by Winny 2 in United States

I am unfamiliar with Illinois sales tax, and need help preparing this form for a gas station. I don't understand how gasoline is taxed and that is really throwing me for a loop. IDR website is of no help. If I had an example to follow I know I would be fine, but can't find anything online. I need to know what sort of sales are taxable and non taxable, as well as how to figure in gas sales on the return. I am lost! HELP!

2006-12-19 09:49:14 · 1 answers · asked by swheatmamato3 2 in United States

IRS called and i owe back income taxes.......I am on disability and do not file taxes......they insist that i have been working in Missouri.....I live in Illinois......what do i do?

2006-12-19 09:40:46 · 8 answers · asked by Margo K 1 in Other - Taxes

2006-12-19 09:22:36 · 5 answers · asked by juicy 1 in United States

I have about 20,000 in stufent loans and I'm still in school, just curious how I file that with my taxes.

2006-12-19 09:21:41 · 3 answers · asked by MsBhavn 1 in United States

2006-12-19 08:52:56 · 4 answers · asked by MIMI2 1 in United States

2006-12-19 08:43:11 · 4 answers · asked by Lotus 2 in Other - Taxes

2006-12-19 07:57:54 · 14 answers · asked by Anonymous in Other - Taxes

2006-12-19 07:56:10 · 3 answers · asked by aj7220420012000 1 in United States

2006-12-19 06:47:01 · 5 answers · asked by pegasus172 2 in Other - Taxes

I bought my first house this April. I live in NJ. I got my mortgage tax statement yesterday, and I've paid close to $9000 in interest. My closing costs were around $6000. I've heard you are supposed to get a sum close to the amount you paid for your closing costs back come tax time. What kind of refund can I expect, not factoring in job, 401K, etc?

2006-12-19 06:01:14 · 6 answers · asked by JohnDoe 2 in United States

I know I will not get $1,000 off the taxes I owe, but what % of the $1,000 will the IRS credit me?

2006-12-19 05:03:39 · 6 answers · asked by ed14790 2 in United States

2006-12-19 04:58:25 · 7 answers · asked by DEEPAK J 1 in India

2006-12-19 03:59:51 · 9 answers · asked by Carmen D 1 in Canada

The gifter and the recipient are not related, just friends and the gifter is coming into a large sum of money and wishes to give gifts of cash to family and friends.

2006-12-19 03:44:37 · 7 answers · asked by stuvwertx9 2 in United States

I've tried contacting the IRS and just seem to be going in circles. A former co-worker owes me @$3,000 from a Michigan small claims court order from over a year ago. Tried seizing property, garnishing wages, etc. and they've dropped off the face of the earth, and had no property in their name, etc. It was suggested to me to possibly have this person's tax refund(s) (federal and state) garnished but when I tried to contact the IRS, noone seems to know anything about doing this and I just seem to go in circles. Any advice or help would be appreciated.

2006-12-19 03:43:21 · 6 answers · asked by porthuronbilliam 4 in United States