Taxes - December 2006

2006-12-10 19:20:37 · 7 answers · asked by TradeShot 1 in United States

I am doing a correspondence course from Indira Gandhi National Open University. It's a Masters Degree course. The fees for which is Rs 12500 per year which I have already paid. Can I deduct this amount from my taxable income according to current tax laws?

If not, then kindly explain which all expenses are applicable for deduction under "Tuition Fees"?

2006-12-10 19:07:27 · 7 answers · asked by girishjjain 2 in India

Other than next election, any suggestions how to stop this goverment makes us even poorer.

2006-12-10 18:45:01 · 4 answers · asked by Anonymous in Other - Taxes

For the classification of proceeds from sale of shares as long-term or short-term, does the IT dept use the vesting date of the shares or the actual purchase date?

2006-12-10 18:24:00 · 2 answers · asked by vasug1973 1 in Other - Taxes

OK, I have read some other things on here and now I have a lot of questions:

I have done some promotional work like going to summer festivals and stuff and signing people up for stuff (this was for GM mind you) and probably made about 1500-2000 dollars doing this. I filled out something with my social security number, maybe a w9 if that is right? Anyway, now I am seeing that you are only an independent contractor if you use your own tools, well we were supplied everything down to the t-shirts.

So... how will that affect me also on my taxes. I always get everything back because I have always made < 10000 (i am a student) so will I just get hosed this april or what?? (I waitress too)

Someone please help!!!

2006-12-10 18:14:15 · 4 answers · asked by Kathy C 1 in United States

i am full time student and i have a child and I have not worked at all this year i just want to know if i still can claim something?

2006-12-10 18:11:51 · 8 answers · asked by ME 1 in United States

Will I have any liablities with a trust like this? For income tax purposes, do I 'sort of' acquire the house and have to pay income or other taxes on it? What if my sister cannot pay her household bills? Do they default to me? Also, if this is the case can we do a reverse mortgage on the house for her benefit? Thanks for any legal understanding.

2006-12-10 18:00:07 · 1 answers · asked by Joyce 2 in United States

2006-12-10 12:31:11 · 3 answers · asked by mark46martin 1 in United States

2006-12-10 11:46:45 · 3 answers · asked by g s 1 in United States

2006-12-10 11:22:10 · 9 answers · asked by DESIREE W 1 in United States

2006-12-10 11:14:10 · 6 answers · asked by indrep33 3 in United States

I know you pay on cars and homes and farms, etc, when you purchase them. But which states, only charge this as a one time fee? This may sound like a silly ? but I just am curious.

2006-12-10 11:01:59 · 4 answers · asked by just julie 6 in United States

I am a contractor. My AGI is generally 100K. If I am paid $6300 from someone, how much should I save of this to be sure my taxes are covered? I am in CT.

2006-12-10 10:55:40 · 3 answers · asked by Mark R 2 in United States

Is there a number to call to find out how much I have paid??

2006-12-10 10:46:58 · 3 answers · asked by WINGER 2 in United States

2006-12-10 10:25:57 · 2 answers · asked by Angel Dust 2 in Other - Taxes

If you're self-employed and VAT registered for example.

2006-12-10 09:47:58 · 2 answers · asked by Anonymous in United Kingdom

If i'm making $2400 each month. how much i'm going to be taxed and how much will my tax return be if i'm 18 and single? (i live in California)

2006-12-10 09:27:17 · 5 answers · asked by caddel 1 in United States

now your tax return will smell like chicken

2006-12-10 08:45:41 · 4 answers · asked by C.D. Riley 2 in United States

If you are in full time employment but live in a household of students (who pay no council tax) how much council tax do you have to pay?

2006-12-10 08:06:43 · 11 answers · asked by The Hughes 2 in United Kingdom

If I collect income from an online website (advertising + subscription) do I need to pay out-of-state taxes?

Do I need to register my business in other states??

What r the legal implications??

2006-12-10 07:53:45 · 1 answers · asked by D. V 2 in Other - Taxes

Can anyone give me a best estimate of how much tax I can get back as refund? Info:

So far I earned $8518 (after tax) (From Feb 17 to Dec 05, 2006)

Total Tax paid: $1496 :

* NY Withholding: $151
* Fed Withholding $554.50
* Fed Med: $145
* Fed OASDI / EE $621
* NY Vol Dis/EE $25

Status: Single
Age: 22
Don't go to college.
I have no dependents.

Help would be appreciated. Thanks.

2006-12-10 07:21:39 · 4 answers · asked by Legend 3 in United States

2006-12-10 07:06:25 · 4 answers · asked by rapid8 1 in Other - Taxes

Why don't he read the DECLARATION OF INDEPENDENCE AND CONSTITUTION OF THE USA? No tax on income ??? "WE THE PEOPLE.COM"

2006-12-10 06:48:30 · 4 answers · asked by Anonymous in India

2006-12-10 05:40:28 · 5 answers · asked by huff4423 1 in United States

I got a bill for my property tax but I think that is because I haven'
t been able to pay my mortage for several months and it is that time of year.
My question is I will be paying my mortgage up complete in a couple of day (this type situation is covered in my mortgage agreement) and my mortgage includes insurance and taxes. Can I ignore the tax bill as the property tax will be paid up when I complete the mortgage payment?

2006-12-10 05:11:07 · 3 answers · asked by Goodmomma1 3 in United States

What forms would you file that is equivalent to a Schedule C?

2006-12-10 04:42:41 · 2 answers · asked by Frustrated with Credit Bureaus 1 in United States

2006-12-10 04:36:43 · 3 answers · asked by Anonymous in United States

Married on your income tax returns?

2006-12-10 04:14:07 · 7 answers · asked by Anonymous in United States

2006-12-10 04:13:44 · 3 answers · asked by db 1 in United States

I am starting an organization to promote our community as a good place to live and work. I am especially focusing on our unique little shops and businesses. Thank you.

2006-12-10 03:09:31 · 3 answers · asked by dude 5 in United States