Taxes - January 2007

2007-01-08 13:17:40 · 4 answers · asked by jlm 1 in Other - Taxes

2007-01-08 13:08:02 · 5 answers · asked by tractorman186 1 in United States

I'm 20 years old, living on my own and in college. I work part-time and pay my own way for the most part but my parents give me money for college. How do I determine if I should be claimed as a depenant on my parent's tax return?

2007-01-08 12:52:06 · 8 answers · asked by Anonymous in United States

i have heard twice since christmas that when you have 12 kids you are exempt from paying taxes?!???!!?!? i think its baloney but i cant find it anywhere (snopes.com/overall yahoo search etc) can anyone help or direct me to a source?

2007-01-08 12:46:01 · 6 answers · asked by CURIOSITY 1 in United States

2007-01-08 12:13:15 · 3 answers · asked by ZIMBINI X 1 in Other - Taxes

Sorry for the minimal info I don't think I am in the 25 percent bracket more like 15 to 16 percent I claim a dependent usually, I file Head of Household if it works in my favor sometimes my accountant files me as Single my gross income is roughly $24297.00 Head of Household with a dependent I am claiming 7800 dollars in mortgage interest and $2400.00 dollars in Property and school taxes.I'm hoping this helps..

Thanks

2007-01-08 11:58:34 · 2 answers · asked by Anonymous in United States

What i'm asking is, is there a need to wait on his w2, I have heard that if you make under a certain amount you don't have to file?

2007-01-08 11:31:48 · 6 answers · asked by peterpan123 3 in United States

I just want to find out how to do the percentage and can't remember how. It's been several years since I was in school.

2007-01-08 11:22:54 · 2 answers · asked by joeleanes 1 in United States

2007-01-08 11:20:36 · 5 answers · asked by Bat 1 in United States

2007-01-08 11:13:51 · 2 answers · asked by Anonymous in United States

all the capital gains are long term

2007-01-08 11:12:08 · 4 answers · asked by Anonymous in United States

I'm single, I have no children, rent an apartment and just started working full time after having graduated in May. I've only made about $12,000 since Aug. I was told I can claim as many allowances as I wish, as each allowance with -holds more money to be alotted for taxes. Is this correct? About $150 is being taken out every week in all of the assorted taxes. $600 a month seems like a lot. Is there anyone who can give me an estimation of what I can expect back.
Thank you!

2007-01-08 11:06:57 · 2 answers · asked by Anonymous in United States

I want to be able to contribute to a traditional IRA so I may deduct more off my taxes. Is it possible... Please provide sources.

2007-01-08 10:27:44 · 5 answers · asked by damastarmind3 1 in United States

2007-01-08 10:24:09 · 34 answers · asked by Anonymous in Other - Taxes

does the IRS let you look at your previous income tax return online?

2007-01-08 10:21:43 · 5 answers · asked by Anonymous in United States

2007-01-08 10:09:23 · 5 answers · asked by Anonymous in Other - Taxes

Does anyone know where I could find the 2007 Federal Income Tax? I've already searched on www.irs.com but found nothing. If you know, please help!

2007-01-08 10:02:31 · 4 answers · asked by sellatieeat 6 in Other - Taxes

If I take a credit card cash advance and deposit this money into a money market account, is the interest on this credit card debt deductable on federal taxes? I have an unique credit card offer that would actually yield a significant profit if the interest is tax deductable.

2007-01-08 09:53:28 · 9 answers · asked by vernjim 1 in United States

2007-01-08 09:38:17 · 4 answers · asked by patrick b 1 in United States

2007-01-08 09:27:46 · 2 answers · asked by kool 1 in Other - Taxes

I purchased a house in late 2006, and haven't yet made enough interest payments to justify itemizing deductions instead of taking a standard deduction. I've already waited to pay property taxes until this first month of 2007, so i can claim two tax pmts this year, but can i do the same with mortgage interest? I'd like to add the interest paid last year to this year's interest if possible.

2007-01-08 09:24:55 · 4 answers · asked by Dustin S 1 in United States

Due to the amount of Federal CSRS retirement income that I will receive and the 3 for 2 offset that will be assessed against social security benefits that I may be eligible for, I will never receive any social security benefits. Since I can never receive any social security benefits, is there a way to opt of paying into a system that I will never be eligible to receive benefits from.

2007-01-08 08:40:01 · 8 answers · asked by Toni G 2 in United States

Or not ??

2007-01-08 08:22:24 · 3 answers · asked by Anonymous in United Kingdom

21 divorced female here..one three year old son..made 23000 how much am i looking at gettin back??? i dont know if it matters cause i know nothing about taxes but i live in the state of tennessee

2007-01-08 08:20:44 · 4 answers · asked by B 1 in United States

I was hoping to try to do my own taxes this year. I planned on getting some of the tax software that's advertised on TV, but then I heard about a progam called Open Tax Solver http://opentaxsolver.sourceforge.net/ and I was wondering if anyone has used it, and what their experience was like

2007-01-08 07:51:03 · 1 answers · asked by wax 3 in United States

he was in irac for all of 2005 and someone told us he didn't have to file taxes because they don't hold out federal taxes if your in a war zone but he had 2 dependents. can he still claim the earned income tax credit on them, does anyone know? is it worth it to still file?

2007-01-08 07:42:04 · 5 answers · asked by heavensent4u1981 1 in United States

I only made few hunderd dollars from my saving account, with $0 income, do I still need to file taxes for 2006 eventhough I was selfemplyed and did not make a peny?

Thanks

2007-01-08 07:21:57 · 7 answers · asked by Anonymous in United States

I have a friend trying to do taxes online and needs to know how he can file taxes on the cash he was paid doing house construction.

2007-01-08 07:19:40 · 2 answers · asked by urangel4life2006 1 in United States

What do i need to have ready for the tax preparer.

2007-01-08 07:02:49 · 2 answers · asked by Wart 2 in Other - Taxes

2007-01-08 06:57:02 · 3 answers · asked by minor0123 1 in Canada