Taxes - January 2007

2007-01-12 09:08:44 · 6 answers · asked by greatpharohcesar 2 in United States

This is my first year doing my taxes. It was a pain I went over everything a zillion times and had other people look too. Grand total of 3,753.00 federal. 7.00 state. Total of 3760.
I never thought I would have gotten that much! But I do have a son,qualified for EIC, and some donation deductions.

I'm happy

2007-01-12 09:00:04 · 14 answers · asked by tsolworldwar3 2 in United States

I have two questions about the sales tax deduction. My husband is in the Navy and he does not pay State Taxes (we line in IL) only Federal. My understanding about the sales tax deduction is that I have two choices, I can either deduct our state taxes (which we don't have) or I can add up all my sales tax for purchases for the year and pick which one I want to deduct. Of course, we do not pay state taxes so I would choose to add up my receipts and take the deduction. Is this the correct understanding? My second question is, I use coupons alot and sometimes my coupon savings dip into the sales tax. For example my sales tax on my receipt is 2.50 but my actual total is 1.25. Do I use the original sales tax or do I use the actual total since it is lower than the sales tax?

2007-01-12 08:37:51 · 5 answers · asked by couponlover2005@sbcglobal.net 1 in United States

I have been working for my fiance for about 1.5 months now for free, at his business. Is there a way that I can use this as a tax deduction...I plan on using turbotax.com the delux edition...can anyone help?

2007-01-12 07:56:07 · 6 answers · asked by Brittni Freeman 1 in United States

Do I file in the state the LLC's are based (CA) or where they're formed (WA and DE)?

2007-01-12 07:24:58 · 3 answers · asked by bdli74 2 in United States

2007-01-12 07:19:26 · 1 answers · asked by Anonymous in United States

I am 16 turning 17 in April I have no children I live in Florida and with my mom, dad, and little sister I started working in June of 2006 and I want to know can I expect any income? Someone Help me

2007-01-12 07:16:25 · 3 answers · asked by Anonymous in United States

Any idea how much would be owed on the $5000 and if my SSD is about $16,500 + hubby's income is about $36k and we take standard deductions, what's the additional tax we'll have to pay on my SSD (which in most years his income is not enough to cause to be taxed--or it's minimal)---The bottom line, is it worth it to claim this prize (a trip for 2) or will our additional tax burden make it a less attractive trip for us. Thanks for your help.

2007-01-12 07:10:50 · 2 answers · asked by Clycs 4 in United States

Can I do both my mother's taxes and my own?

2007-01-12 06:56:20 · 3 answers · asked by RadTech - BAS RT(R)(ARRT) 7 in Other - Taxes

I am working on a tax return that has a small side business of car racing. He has many expenses which are legitimate deductions the thing is that i am unsure of where to put the expenses for engine parts and methanol fuel. Any help would be greatly appreciated

2007-01-12 06:50:41 · 4 answers · asked by Ski_Bum 3 in United States

I have a 1099 misc from one of my employers with no taxes taken out. When trying to complete my return, my adjusted gross income is correct, but my Earned Income Credit is not. The EIC is not counting the income from the 1099. The tax that I have to pay is correct, but not EIC. Any input is appreciated.

2007-01-12 06:45:07 · 9 answers · asked by ccisa3 3 in United States

2007-01-12 06:27:07 · 21 answers · asked by Robert C 1 in United States

2007-01-12 06:26:13 · 2 answers · asked by Anonymous in United States

My husband and I recently purchased a property in Texas and therefore have decided to move there permanently. But neither one of us has a job out there. So is there any chance that either on of us or possibly even both of us to collect unemployment until one of us finds a job?

2007-01-12 06:21:58 · 9 answers · asked by vrey 1 in United States

I know you pay income tax, but do you get out the penalty? And what is the maximum allowed. I have a tiaa-cref 403b, by the way. THANKS!

2007-01-12 06:19:11 · 3 answers · asked by monster5235 2 in United States

i am a real estate agent where can i find a list of deductions i can claim when filing my tax return in los angeles california.

2007-01-12 06:13:35 · 2 answers · asked by jaimebuenrostro 1 in United States

I had heard that if it was $14.00 or less than the employer didn't have to turn in a 1099 and therefore I wouldn't have to pay taxes on the money my welding truck made

2007-01-12 06:06:19 · 1 answers · asked by blaine m 2 in United States

We have always filed jointly in our taxes but my wife did not work in 2006 to take care of our 1 year old baby. What option(s) would allow us to get the best returns? Should we continue to file "married filing jointly" or should I file "married but filing separately" and claim both my wife and baby as dependents? We have a mortgage and student loans. Should my wife even file even though she made zero dollars in 2006? My income in 2006 was $70k. Any advice in maximizing our returns for this year would be greatly appreciated.

2007-01-12 05:39:03 · 7 answers · asked by kimoswabi 1 in United States

My boyfriend and I were togather for almost 3 years. He and his daughter moved out this October. However since the address where they lived was mine for the last year...can I legally claim her on my taxes without getting in trouble? I know that he is the father..he should claim her...but I took care of her. He was out running around and doing his man thing or working nights. Her mother has her the paperwork that I need to file as well as court ordered paperwork showing that the daughter lived there at my address because my ex-boyfriend got custody of his daughter this past year and the address that shows is mine.??????

2007-01-12 05:27:55 · 16 answers · asked by stephanie c 1 in United States

I'll be filing my taxes either online or using one of the box sets (such as Taxcut, Taxact, etc...). Can I write off my car payments or interest, my gas mileage to and from work, or any other expenses that I pay everyday?

2007-01-12 05:23:49 · 6 answers · asked by LaLaLaBamba 2 in United States

2007-01-12 05:19:32 · 8 answers · asked by ro ro 1 in United States

I filed on line for 2005. How can I get a hold of my returns and make copies. I did make some when I filed but lost them.
Joe R Garcia

2007-01-12 04:23:12 · 3 answers · asked by jsgarcia 1 in United States

This is a two part Question. Please don't answer this unless you really know the answer. Thank you.

First Part:
I got married 15 years ago to my second husband. I never changed my SS card name to include my new last name. How do I go about doing this, and is it a bad thing that I haven't done it?
Second Part:
In years past (after my second marriage) our joint tax return was always filed by our tax lady showing my last name as hypenated putting my first married name, then my last married name. Is all this going to mess me up as far as getting my new SS card with my second married name, OR when it's time to collect social security?

2007-01-12 04:04:23 · 3 answers · asked by JJ S 2 in United States

2007-01-12 04:00:42 · 9 answers · asked by Issa B 1 in Other - Taxes

I will be filing taxes and I'm wondering if I can count him as a dependent if he was born in 2007.

2007-01-12 03:52:47 · 9 answers · asked by bossyjas21 1 in United States

2007-01-12 03:45:31 · 2 answers · asked by ryanmartin8 1 in United States

I don't know if I should post this or not but I recently moved 300 miles from where I used to live. Every year I would get back on my taxes anywhere from 3000 to 4000 but when I went to file the other day all they could do was 1600. I don't know the difference. A friend told me he must have been a little shady and found some loop holes cause the more he gets me back the more he gets paid. Ok, so I need to know some one in the Chattanooga TN or Dalton GA or even surrounding areas that could help me. Any info would be great or you can e-mail me at tim_stewart68@yahoo.com.
Thanks.

2007-01-12 03:32:06 · 3 answers · asked by Anonymous in Other - Taxes

I babysat 2 little boys. I got paid from the DPW I have no proof other than what I wrote down. The DPW will not give me a paper stating that they paid me. What do I do? If I have to file taxes can I claim my daughter? Does anyone know how much it costs to file?

2007-01-12 03:29:28 · 4 answers · asked by lem 3 in United States

on a w2, can you an employee elect do pay in $0.00 all year, but have the employer collect solely for fica and ss?
been with the same company for 3 years, i filled out a w4 when i first started. i just recived my w2 today, and it has federal blank, but fica and social security paid in.
looked at both '04 and '05, and i had paid in.
somehow, no clue how, but on my '06, this box is blank, i looked thru paystubs from 04-05, and fed wt is listed on the pay stub, but it is not listed at all on '06.
of course i want to know how this happened, but can the legally submit $0.00 thru out the year. i filed for them to take it out, really, whats going on here?
i understand i am solely financially liable, but is there anything i can do other than have them change the way its filed. have i any recouse? or something??!

2007-01-12 03:23:21 · 5 answers · asked by ktlove 4 in United States

i am not complaining of course, i'm just curious b/c i don't know. can anyone tell me? any websites with this info would be greatly appreciated as well :)

2007-01-12 03:22:02 · 7 answers · asked by Essie 6 in United States