Taxes - December 2006

I need to know if you are sent a 1099 from your employer does the irs get a copy of the same 1099 or do you have to send the copy? Can you be located on using a 1099 form, ie if you don't want to be found is it wise to use a 1099? Once you get employed and your employer sends in the 1099 what information and who can find you based on the information from the 1099? How long does it take once it is filed to be located? (need to protect my small child from bad family member incase you are wondering)....
Thanks for all information....

2006-12-12 14:39:16 · 4 answers · asked by jessie 1 in United States

Ok im 16 years old and i need some enlightenment on income tax. I worked over the summer and on my pay stubs it had social security and medicare deductions but no income tax deduction. It only says in the corner under "status fed/state" Don't withhold/exempt. So when tax time comes around do i need to send off 10% (the bracket for my gross earnings) of my earnings or what? and tax refunds? ahhhh, so confused please explain from square one.

2006-12-12 14:32:23 · 4 answers · asked by chrishenderson08 2 in United States

Tennessee in Illinois? (talking about w2 taxes) or do i need to file in Tennessee? serious answers only please we really need some help with this before we move please.

2006-12-12 14:31:17 · 5 answers · asked by Anonymous in United States

2006-12-12 14:30:17 · 10 answers · asked by Anonymous in Australia

2006-12-12 14:24:07 · 6 answers · asked by mystic4624 2 in United States

2006-12-12 13:56:45 · 4 answers · asked by anti_socialparanoid 1 in United States

Heres the situation.... my ex wife and i had an agreement in the divorce decree that stated we were to have split custody of our 2 kids, {1 week with me....1 week with her}..., and for tax purposes we would each be able to claim 1 on our taxes. In real life, this has not happened... the kids have lived with me {im a single dad} for all of the year...total time spent with her would not end up to be more then a couple weeks, tops. Im also sure i could prove this to be true in court as the kids are in school, daycare, etc. Can i legally claim them both as dependents since they lived with me?

2006-12-12 13:36:27 · 8 answers · asked by Anonymous in United States

Do I need to charge sales tax for customers who is based in other state other than New Jersey ?

2006-12-12 13:28:18 · 4 answers · asked by James L 1 in United States

is it also really true that i could actually keep all the receipts of what i buy since they're all taking taxes like 8.8% every item and use them for my income tax return???

2006-12-12 13:09:35 · 7 answers · asked by wiselady 1 in United States

2006-12-12 13:09:15 · 4 answers · asked by a bayer im himmel 1 in United States

i need to include my payments for my rent in my apartment....is this really true??? can i also file my tax and i have to include my rent payments on my apartment??? can i do that??? of course i want to get more money as much as i can.....help me please!

2006-12-12 13:06:28 · 3 answers · asked by wiselady 1 in United States

2006-12-12 12:27:25 · 5 answers · asked by Anonymous in Other - Taxes

2006-12-12 12:22:07 · 4 answers · asked by gabz 1 in United States

on taxes????

2006-12-12 12:11:11 · 3 answers · asked by Anonymous in Other - Taxes

2006-12-12 11:53:59 · 7 answers · asked by Jamus 1 in United States

We have a date set for a week after the new year but wondering if it's worth moving up. I'm a student and expecting. We're trying to save for a house. We could use the money and I'm wondering how much it would be, round about. He makes about 13000/yr.

2006-12-12 11:50:38 · 3 answers · asked by jaz 1 in United Kingdom

2006-12-12 11:42:38 · 11 answers · asked by Anonymous in United Kingdom

i recently split with my boyfriend and am moving out of our house. he bought out my "half" and paid me in cash. unfortunately, my name was never on the title, so i've never been legally listed as co-owner of the house. i used the cash to put a down-payment on another house. in the financial papers for the mortgage company, the source of the money was listed as a "gift."

will i have to pay taxes on the cash "gift" ?

thanks in advance!

2006-12-12 11:15:54 · 6 answers · asked by buffysummers 4 in United States

i purchased a house in 1991, i moved to a new house in2004, i refinanced the first house in order to have the down payment for my new house. my son lives in the old house and pays the mortgage even though it is still in my name because he couldn't get financed to buy it. will i owe capitol gains tax when he finally is able to get financed. i'm not claiming this house when i file.

2006-12-12 11:14:48 · 5 answers · asked by jerry l 1 in United States

i need some help so could anyone please help. also if anyone knows the tax percentage of sweden and canada please tell me

2006-12-12 11:10:46 · 1 answers · asked by Bubbles 2 in United States

I started selling custom clothes and reselling clothes on eBay a few months ago. It's part time and my gross profits are under 2K. I'm married filing joint & I have heard from some people that I didn't make enough to report, while others say its mandatory. I heard the IRS is big on auditing e-businesses, but I don't even know if I'm considered a small business or not.

2006-12-12 11:07:16 · 5 answers · asked by thebuckley5 1 in United States

both my daughters live at home one is in high school the other is in college last year i claimed them both (since i provide all their care) for EIC. Heres the question........my oldest daughter had a baby, can i still claim my daughter on my income tax and for EIC? And can she claim the baby on her taxes(even though i use my daughter on mine) and still get EIC? I provide all the care for her (housing food etc.) she works and provides for the baby except for shelter.

2006-12-12 10:49:15 · 5 answers · asked by herekimmiekat 1 in Other - Taxes

In other words I claimed zero on my w-4 and when I get my w-2 form back in january will I be able to get some of that money back even though my parents claim me because I live with them?? I have had this job for 10 mos. and it is a considerably large amount of money. I just would like to know if I would be able to get some of the tax money back.

2006-12-12 10:43:42 · 8 answers · asked by Bald Eagle Lover 4 in United States

2006-12-12 10:25:24 · 3 answers · asked by mtnhorizonhope 1 in United States

I moved from New York to NC in 2000, but did not work in NC, just went to school. Now I got a statement saying I owe NC taxes for that year. Do I have to pay?

2006-12-12 10:13:51 · 2 answers · asked by Anonymous in United States

say i bought a property for 1.1 mil and sold it for 1 million...with a 100K loss, how much tax deduction is that?

2006-12-12 10:04:02 · 4 answers · asked by jade_lewis13 2 in United States

I forgot to file tax for this year, i found my envolope while i was moving! i never bother to question why i havent recv'd my money in the bank. well my question is can i file that with the one that is comming out next year january of '07? or is that money long gone?? pls help!!!!!!!!thanks in advance!

2006-12-12 09:54:23 · 4 answers · asked by Anonymous in United States

2006-12-12 09:51:47 · 5 answers · asked by shawnp089 2 in United States

go about filing bankruptcy on my own?I would rather do it on my own instead of paying a lawyer.I dont own a home or anything else worth a lot so Im not worried about losing anything.And Im about 10,000 in debt.My only option is to file bankruptcy, Im a single mother making not much more than mininum wage and finding it impossible to get approved for anything and also my wages just started getting garnished.Im behind as it is and can not afford to pay anything towards paying my debts off. How complicated is it to go about this on my own?Please help!!!

2006-12-12 09:35:50 · 4 answers · asked by swanlbby 3 in United States

2006-12-12 09:22:17 · 8 answers · asked by shawnp089 2 in United States