Taxes - December 2006

2006-12-02 09:43:16 · 1 answers · asked by Anonymous in United States

I am referring to personal income taxes. I am an individual living in California. Thank you.

2006-12-02 09:29:18 · 4 answers · asked by Anonymous in United States

can someone help me im looking for a tax schedule a combined state and local tax schedule the one i have only goes up to $66.61 i know there has to be one that goes atleast to $4.00.00 can someone direct me to a location.

2006-12-02 09:05:52 · 1 answers · asked by ladyj433 1 in United States

2006-12-02 08:36:39 · 6 answers · asked by Gladys G 1 in United Kingdom

Jenny transferred a building (adjusted basis of $70,000 and fair market value of $260,000) to Boxer Corporation. In return, Jenny received 80% of Boxer Corporation's stock (worth $148,000) and an automobile (fair market value of $32,000). In addition, there is an outstanding mortgage of $80,000, held for 5 years, on the building that Boxer Corporation assumed. With respect to this trans­action:

2006-12-02 07:49:33 · 2 answers · asked by Ronda F 1 in Other - Taxes

We are grandparents and our grandson lives half the time with us each week and half the time with his dad. Can we both claim half a dependant on our income taxes?

2006-12-02 07:42:56 · 3 answers · asked by Ronald J 1 in United States

2006-12-02 07:26:28 · 2 answers · asked by MissYYYY 1 in United States

2006-12-02 07:00:38 · 4 answers · asked by kutab77 1 in United States

How much income or percentage can be taken if their are multiple garnishments due to several judgments? Is their a maxium percentage that can be deducted?

2006-12-02 06:36:04 · 3 answers · asked by Brad H 1 in United States

tax refund on mileage

2006-12-02 06:26:43 · 3 answers · asked by menchdotcom 1 in United States

I failed to pay taxes for years 2003, 2004. When I paid my taxes for 2005 on time (in Feb of 2006), I paid nearly 25K for backtaxes for years 2003 and 2004 including all penalties.

I am now doing my taxes for 2006, were my payments in Feb of 06 for backtaxes, of 03 and 04 , in any way deductible for 06?

Thanks,
Ryan

2006-12-02 06:08:33 · 6 answers · asked by Ryan S 1 in United States

2006-12-02 05:52:14 · 6 answers · asked by nima m 1 in United Kingdom

My boyfriend had some mexicans working for him doing roofing work through a company that paid my boyfriend directly. Then my boyfriend would pay the Mexicans. This year he recieved a bill for $80,000 from the Government saying that is what he paid that year, however, most was paid to the Mexicans. He never had them fill out a w-2 form, but he said he can still do that, and still have them fill them out, does he have anytime to do that, can he still do that since he already paid them last year and it is over and done with, to show he paid them, and did not make all the money himself?

2006-12-02 05:49:58 · 2 answers · asked by Tracy L 1 in United States

2006-12-02 05:45:13 · 4 answers · asked by driv 1 in United States

2006-12-02 05:41:41 · 3 answers · asked by Anonymous in United States

2006-12-02 05:40:55 · 9 answers · asked by Anonymous in United States

2006-12-02 05:04:32 · 5 answers · asked by PMV 1 in United States

2006-12-02 00:48:35 · 4 answers · asked by akdmkslady 1 in United States

Taxes are another topic but the tax breaks encourage spending in certain sectors of the economy. Would those entitled to tax beaks would want to give them up in the name of fairness?

2006-12-02 00:18:49 · 3 answers · asked by Daniel C 1 in Other - Taxes

2006-12-01 20:45:08 · 6 answers · asked by potti 1 in India

2006-12-01 20:33:51 · 5 answers · asked by james w 3 in United States

Assume someone sells some captial asset and realizes a short-term capital gain on 1/1/07 while living in a state with an income/STCG tax rate of 10%. On 4/1/07, they establish residence in a no-tax state (e.g. Florida). Assuming they have no other income in that year, and ignoring all deductions, etc, how much state tax is due to the first state on this gain? The full 10% or a pro-rata rate based on the time this person spent in each of the states during the calendar 2007?

2006-12-01 18:23:48 · 3 answers · asked by polyglot_1234 3 in United States

After so many years of getting a refund, I think I'm going to owe some money this year on my taxes.

Is there any instant penalties or charges in addition to the tax I owe that needs to be included in the payment?

2006-12-01 17:06:56 · 2 answers · asked by HP fan 1 in United States

2006-12-01 16:41:42 · 2 answers · asked by Camille 1 in Other - Taxes

We've been in our first house since Jan. I think that this year I should iteamize my taxes. I have always taken the standard deductions...which are not bad because I've got 3 kids(5 deductions total). 1) If my mortgage is approx $1,100/mo. and most of that going to interest...how much better off would I be to itemize? 2) What other things can I claim as deductions (to increase my refund)?

Thanks in advance for your help...Rob

2006-12-01 16:07:59 · 4 answers · asked by rob d 2 in United States

Am I going to be in a higher tax bracket this year and how will my return be effected this year?

2006-12-01 15:56:23 · 3 answers · asked by rascoe627 1 in United States

I bought 1000 shares @0.04 for X company Later on company changed its name and I only received 4 shares woth $8. My question is how do I report loss since comoany changed its name and did a revers stock split.

2006-12-01 15:51:13 · 4 answers · asked by ALI V 1 in Other - Taxes

2006-12-01 15:37:08 · 3 answers · asked by Liz H 1 in United States

2006-12-01 14:43:29 · 7 answers · asked by TheNobleOne 1 in United States

2006-12-01 14:09:03 · 13 answers · asked by Anonymous in United Kingdom