Taxes - December 2006

2006-12-16 17:49:55 · 22 answers · asked by budi 2 in United States

I know someone in sales that doesnt and hasnt reported thousands of dollars in sales/commission. How can I nail her?

2006-12-16 16:17:05 · 11 answers · asked by jeno 1 in United States

i received a letter from the irs stating that someone has used my daughter ssn on their 05 taxes,i was asked to prove maternity,and fill out a 1040x,which i have absolutely no idea how to do, it also stated that i cant know who used it,which means i cant press charges,right,i think its messed up,what a bummer.

2006-12-16 14:20:45 · 4 answers · asked by knowingisbeautiful 1 in United States

Is there a form I can fill out in order to prevent my childs father from illegally claiming my child on his taxes?? My child hasnt seen him in almost one year.... child support payments are jokes.... 11 dollar checks and what not...
any advice??

2006-12-16 13:57:45 · 7 answers · asked by shaylolo51 1 in United States

a.capital improvements
b.insurance premiums
c. utilities
d.all of the above

2006-12-16 13:27:59 · 1 answers · asked by Zinaida L 1 in United Kingdom

In Oregon we don't pay taxes when we buy stuff, in other states they do, what are the pros or cons of paying or not paying taxes?

2006-12-16 13:05:51 · 5 answers · asked by Chulis 3 in United States

2006-12-16 12:49:24 · 3 answers · asked by chefmwh 1 in United States

i filed my 2004 taxes with a business i had. i showed all the money coming in and out. i used my retirement fund until it depleted. i claimed my profits and losses on the tax form. but the IRS wants to reclaim the 10 grand (well 999.89....which i keep getting turned down from tax help toll free numbers because i am a few bucks short) but duh !!! if i showed where the income came from, why are they asking me me to pay taxes again on the money i claimed as a loss????

2006-12-16 12:32:02 · 1 answers · asked by Anonymous in United States

My gtoss income for FY 2006 will be about $30,000. I'm single, have no dependents, am head of household. I estimate that I have about $500 worth of out-of-pocket expenses from this year which will are deductible.

Should I even bother to make these deductions or will it not be worth it (as far as my refund)?

My tax preparer charges a large additional fee for filling out the form required for deductions being claimed...

2006-12-16 11:25:56 · 5 answers · asked by Victor G 1 in United States

2006-12-16 11:02:01 · 3 answers · asked by Double O 6 in United States

Also do you and your employer pay social security taxes on your income?

2006-12-16 08:37:13 · 4 answers · asked by Titus 5 in Other - Taxes

Situation : expense paid by Indian Company to its employee when he is sent abroad & if a part is brought back as savings. What is tax on same when
(i) individual becomes NRI
(ii) individual is as a resident

2006-12-16 07:38:42 · 3 answers · asked by sanj991 1 in India

2006-12-16 07:30:47 · 3 answers · asked by sheree 2 in United States

My sister married a guy who declared bankruptcy a couple times in the past. When they married he started a new business and put the business under her social security number, because of his bad credit. He ended up spending about $20k of sales taxes that should have gone to the government. They are now probably going to go through a divorce, and my sister is going to have to declare bankruptcy now. My sister had nothing to do with this business, but with the new bankruptcy rules she is going to have to come up with the $20k. Does anyone know if my sister is totally out of luck or is her husband going to have to foot any of the bill?

2006-12-16 07:24:32 · 4 answers · asked by wjordanfam 1 in United States

2006-12-16 06:43:28 · 8 answers · asked by wettenderbox 1 in United States

Payments recieved from Workmens Compensation;do we claim it on our taxes?

2006-12-16 05:47:31 · 7 answers · asked by rednkal2 1 in United States

2006-12-16 05:25:54 · 8 answers · asked by alexsyaya 1 in United States

I would like to know if government can run without collecting income tax like in Middle East

2006-12-16 05:19:49 · 8 answers · asked by ? 2 in India

Hi,
I just sold some call options for January 2007. On 12-31-06, the calls will still be in my stock portfolio. They will either be assigned in Jan 2007 (meaning that I will end up buying the underlying stocks at the option price) or they will become worthless and expire. I wonder if I am supposed to report the gain (the money I got in 2006 for selling these calls) in 2006 tax return or should I wait till 2007 and report it in 2007 return.
Thanks in advance for the answer.
Best regards,
Shahid

2006-12-16 05:17:15 · 3 answers · asked by Shahid 1 in United States

i have my last pay stub already, because im not working anymore, can file without my w2s.

2006-12-16 05:04:26 · 13 answers · asked by rachel p 2 in United States

I have found several references to the wash sale rule expressed in terms of a caution against rebuying a stock within 30 days if you have a loss on a stock sale that you wish to deduct.

My question relates to the case where you have taken a gain on a stock sale. Does the wash sale rule still apply. If I rebuy the same security within 30 days, can I avoid taking the capital gain on the previous profitable sale?

2006-12-16 04:36:02 · 8 answers · asked by Steve K 2 in United States

Just wanted to know I didnt work for the yr "06" and well I was told that I can report taxes for my 2 kids that I have carried before when I was working ?? Need to know if this is possible ???

2006-12-16 04:15:40 · 3 answers · asked by sgd_88 2 in Other - Taxes

2006-12-16 04:11:21 · 3 answers · asked by Amit Grover 1 in India

i need to know if my mother can file hoh. she is single with my sister still living at home, but my sister worked for about 2 months, she didnt make much, prolly no more than 2500.00, but is it legal for mom to file hoh if my sister has to file her own taxes?

2006-12-16 03:15:48 · 8 answers · asked by dixiegirl0270 1 in United States

I have been dealing with theses pricks for awhile now. They sent me a return for the year 2001 and then sent me a bill for the same year acouple months later. In my mind thats fine that I owe them money but don't send me $1200 and then ask me for $3500 on their mistake. Long story -short..They just sent me notifacation that a Lien has been placed against me. I will set a payment plan up with them but I closed all my bankaccounts before they could get to them (cat and mouse). If I open a new bank account at a different bank how long will it take for them to track me. I know this sounds stupid of me and I agree but I am extremely stubborn and its the principle that makes me mad. They made the mistake in the return not me. I owe you $2300 thats fine don't send a return and then ask for what i owe and the extra you sent me?????

2006-12-16 03:15:19 · 6 answers · asked by malickai4 2 in United States

2006-12-16 02:49:46 · 3 answers · asked by Andrew R 1 in United States

2006-12-16 02:46:41 · 6 answers · asked by haj 2 in United States

2006-12-16 02:23:59 · 4 answers · asked by Nicole S 1 in United States

I've never dealt with stock before, so i'm not sure what capital gains has to do with it, does only the actuall cash get taxed. I reinvested in a 529 and also in a reg investment account. I know i'm going to have to talk to a good acct. but i'm curious at this point of what i'm looking at.

2006-12-16 02:11:10 · 2 answers · asked by Anonymous in United States

i think im right, i claim sick benefit , agree ??

2006-12-16 01:54:54 · 13 answers · asked by johnc 4 in United States