Taxes - December 2006

2006-12-01 14:04:28 · 3 answers · asked by lofty 2 in United Kingdom

2006-12-01 13:37:00 · 5 answers · asked by Lily 2 in United States

But I have to fill out a w-9 form, what if I am below 18 and have no income. How am I supposed to fill out an income tax form?

2006-12-01 13:34:03 · 3 answers · asked by w_xsoadx_w 2 in United States

My wife and I both have a Depepndent care plans at our jobs, I know that we are allowed to contribute up to $5000 per year into the account for daycare expenses and I also know that the IRS provides a dependent care tax credit for expenses up to $3000 per year.

Since our yearly daycare expenses are close to 10k can we use both tax saving programs to our advantage or are there any restrictions?

2006-12-01 13:23:55 · 1 answers · asked by romasuave1 2 in United States

Have any of you guys tried the fill your stocking early for xmas that H&R Block is offering if so how does it work? Thanks for any help you can give me.

2006-12-01 13:08:58 · 5 answers · asked by Anonymous in United States

someone out there that resolved a similiar situation with some sage advice. i've been putting off the inevitable. i need to know answers to several questions: do i need an attorney if i have no assets--property, etc. if not, do i use a tax negiotator or go solo? and if i do need an attorney, what would be reasonable fee for their services. i owe approximately $40,000 to the IRS and all i have is a retirement account that i can liquidate--with a substantial penalty involved. i'm willing to pay what i owe, but not the penalties and interest because i still have to deal with california's franchise tax board bill. if they won't budge is the possibility of bankruptcy a good bargaining chip? or can it backfire with possibilty of jail time. help. i let this go because i have major medical problem (physical) that had me feeling soo bad that i thought was going cause me to die young, thereby relieving of the burden. well, i didn't die and the malady is treatable. so no lecture, just advise, pls

2006-12-01 13:07:22 · 7 answers · asked by emarr3 1 in United States

2006-12-01 12:55:59 · 3 answers · asked by C Y O A 1 in United States

These are deductions on my pay stub ,but I dont know what for. What does SIT stand for?

2006-12-01 11:42:54 · 2 answers · asked by shane 1 in United States

I need to know if this deduction is tax exempt, or if I need to deduct this money before I deduct taxes?

2006-12-01 11:02:48 · 1 answers · asked by Big Guy 1 in United States

2006-12-01 10:19:54 · 4 answers · asked by lawrence h 1 in United States

I live in Texas and the guy ive been working for has been paying me cash(he doesent take out the taxes) ive worked with him for 6 months the total came out to $5,872.50 and that im suppose to multiply by .15 which is 15% right???

well i did that and the total was $880. So is that what im suppose to pay for taxes? And do I have to pay all of it at the same time?

will i get charged more because im single and no dependents?

Where do i pay the taxes? can i pay online?

2006-12-01 10:06:14 · 3 answers · asked by -=>¿Luî§?<=-™ 4 in United States

Working for an independent contractor, they pay me 150.00 an hour with a max of 12 hours per week. How do I figure my taxes on that

2006-12-01 09:20:28 · 3 answers · asked by Loretta S 1 in United States

In CALIF. If I have a judgemnet that is more than 10 years old, and I have not registered it, can it be registered? or is it worthless?
If they moved to another county, I guess I can register it there, unless I am wasting my effort.

2006-12-01 08:37:19 · 4 answers · asked by ebiz1@sbcglobal.net 2 in United States

i moved around and lost my w-2 forms and need to file taxes for that period of time. Is there any place i can get them. SSI maybe, or do i have to call the IRS. i know tax lawyers can help but i'm trying to avoid the cost of that. thank you.

2006-12-01 08:28:06 · 2 answers · asked by Anonymous in United States

www.fairtax.org

2006-12-01 08:17:48 · 2 answers · asked by sdr35hw 4 in Other - Taxes

IF someone puts you on title as a Joint Tennant with rights of survivorship, can it not be a gift. Subject to gift tax?
And is survivorship and the assuption of the whole tennancy (ownership) taxable, or is estate tax avoidable??

2006-12-01 08:09:00 · 4 answers · asked by ebiz1@sbcglobal.net 2 in United States

A couple of years ago I had to pay additional tax - i.e. in addition to what was already being witheld by my employer. Since then I have been witholding and additonal sum by indicating it in my W4 and usually get a small refund back.

My question is, does it more sense to instead put more money in my 401K (I have not maxed out). Will the tax sheltered nature of this investment have the same benefit vis a vis taxes as the witholding through w4?

2006-12-01 08:04:07 · 5 answers · asked by Andy 1 in United States

My son is 22. We gave him the boot in October. I still pay his health insurance and I'm trying to get him a phone hooked up. On the form to see if he qualifies for lifeline (a cheap phone rate) he has to check that he is not claimed on anyone's income tax. He wrote in there that for 10 months he was a dependant on our income tax. Is this going to create big problems for us? Should we just suck it up and pay for his phone until he can afford it?

2006-12-01 07:56:18 · 2 answers · asked by it's me 4 in United States

I'm trying to help this couple get into a home and they did not file their taxes last year. They got paid cash and were separated and the husband did not file taxes, but has always filed prior. How long does it take to file a year late and what are the penalties. Is it still possiable to get a home loan? his credit score is 602 (not the best)?

2006-12-01 06:53:04 · 2 answers · asked by Sonny 2 in United States

Will I get a bigger return if I file married or single?

2006-12-01 06:29:17 · 9 answers · asked by know it all 2 in United States

2006-12-01 06:14:54 · 3 answers · asked by NICKY T 1 in United States

2006-12-01 06:08:59 · 3 answers · asked by Shari 2 in United States

Ok so I have been told that I can have my student loans deducted, and well..I have heard from a tax agent, that this is true, however, he forgot to mention how much I can get written off, and he was also talking about write offs and deductions, can you please elaborate on that, because I'm really confused! HELP!! Thanks!

2006-12-01 05:35:25 · 2 answers · asked by Om... 3 in Other - Taxes

i dont have money taken out my pay check so i suppose to pay my own taxes so who do i pay it to

2006-12-01 05:25:37 · 2 answers · asked by narrahsharp@sbcglobal.net 1 in United States

On the social security site, it says the COLA 2007 will increase 3.3%. Does this mean we are going to be paying an average of 3.3% more per paycheck? If I got a 3% raise for my annual review, does this mean they just raised my pay for the cost of living adjustment and it really won't make a difference?

I am going to go in and negotiate a raise soon and was hoping I could use this as an argument. My raise was supposed to be based on performance and I don't think they were fair in just giving 3% if our cost of living is going up by that much anyway.

If I am misunderstanding the COLA, please explain it to me.

2006-12-01 05:18:54 · 4 answers · asked by Nicky G 2 in United States

I found some vague info saying that this is possible under certain conditions. Does anybody understand the details?

2006-12-01 05:08:27 · 1 answers · asked by alex 2 in United States

Does claiming her as a dependent cause any liability to her or prevent her from getting loans or buying a house in the future? Any liability for her at all?

2006-12-01 04:49:47 · 5 answers · asked by Pegasus 1 in United States

what exactly are u getting back? cause its not everything that people claim u get..with mortgages and kids how do accountants figure what u get back?

2006-12-01 04:05:11 · 5 answers · asked by toolate 3 in United States

2006-12-01 04:00:36 · 8 answers · asked by Anonymous in United States

Would you be prepared to pay road tax only on the petrol you use? I would and let the pple who use the roads more, pay more tax, only fair I think. Put tax on petrol.

2006-12-01 03:03:32 · 9 answers · asked by Anonymous in United Kingdom