Taxes - January 2007

I do my own taxes as well, will this make it more difficult for me? I just use TurboTax.

2007-01-05 08:24:19 · 3 answers · asked by Barrypu 2 in United States

Or do you have to file married and filing separately? Which way is more beneficial?

2007-01-05 08:16:55 · 14 answers · asked by rideabanjopicker 2 in United States

To avoid CGT for another property you need to live in the property before you sell BUT for how long? and are there any other ways to reduce or not pay it. THANKS!

2007-01-05 08:06:01 · 5 answers · asked by sliik 1 in United Kingdom

Or do you just get them handed to you?

2007-01-05 08:02:48 · 2 answers · asked by Anonymous in United States

We received an H & R Block Instant Money Advance Loan for $800.00. (we received $741 after fee's charged) it states loan is due by February 19th.
Do we have to return to the local office and pay high filing fee's now, or can we file online H & R Block for $9.95 ourselves and pay the $800 due to them before then?

thanks for the help :)

2007-01-05 08:02:44 · 3 answers · asked by butterfly 2 in United States

My child was born on August 18th, 2006. On October 17th, 2006 Child services placed her in protective custody of a family member. I have been ordered to pay child support, begining the first of this year. She is now in the custody of another family member, not the state, but can I claim her on my taxes or can the family memember with custody claim her?

2007-01-05 07:59:42 · 8 answers · asked by Chuck Norris 1 in United States

I had a licensed gourmet food delivery company since 7/2000 that I used loans against a trust to set up and buy equipment. I had a warehouse and 7 vehicles in addition to product. I subleased my trucks to the salesmen so I didnt have any employees and ran the business 6 days per week myself...

I didnt do any accounting for years but have all the reciepts and legit expenses. I hired a woman to complete my tax returns on my 3rd year in business and she discovered that I wasnt actually making any money. In fact, despite 60K per month in sales, I lost money every month of each year and survived on cash flow and advances from the trust account.

I have never filed tax returns but have all records. Now, I work as an employee and have taxes withheld from my check.

I need to "close" the business. If I show zero net income and only use enough receipts to make this happen, can I deduct losses in 2006 against my income from 2006?

2007-01-05 07:54:26 · 4 answers · asked by Anonymous in United States

we bought a home 3 months ago and have pulled out 1099 off from the loan site, We have paid in around 3k for the year 2006. How will that effect my taxes. We usually only get about 200-300. dollars back anyway.

2007-01-05 07:43:17 · 4 answers · asked by tab2508 2 in Other - Taxes

Or do you have to wait for your W2's to come in. My husband has worked the same job all year long and we were just curious.

2007-01-05 06:46:45 · 5 answers · asked by ♥♫♥ Crystal ♥♫♥ 4 in Other - Taxes

We just had a child in August will we get EIC on our tax return if our income for the year qualifies? Do we get any extra credtis for having a child other than the child tax credit. How much could our EIC potentially be?

2007-01-05 06:45:40 · 2 answers · asked by ♥♫♥ Crystal ♥♫♥ 4 in Other - Taxes

said that they do their taxes annually....I saved all my reciepts and mortgage bills and utility bills...for a write off...i only had 3 kids in care for the whole year. 110.00 a week for each one.... when i could have 6 and my question is do you usaully get money back when you file taxes or will it equal out with all me bills, or will i owe them money for not paying quarterly???????????????

2007-01-05 06:44:17 · 3 answers · asked by aepmommy 1 in Other - Taxes

2007-01-05 06:33:48 · 4 answers · asked by Anonymous in United States

My son's father and I are separated and he made $63,000 this year and I made $16,000. Does anyone know which one of us would probably get the most $ back on their taxes by claiming him?

2007-01-05 06:02:24 · 12 answers · asked by rideabanjopicker 2 in United States

I've heard a lot about TurboTax, but with the price of the software, is it really a good investment? There are different levels of membership as well--which is the best value for your tax needs? Any info would really help!

2007-01-05 05:53:00 · 11 answers · asked by ANDROO 1 in United States

my wife and i are currently living in california and its horrible here. what are the percentages for taxes there? income? property? sales? i know houses are about 1/4 of the price there and we are sick of diversity but we still like the city feel. would Boise be a good choice? what are the politics there like? i know coming from california practically anything but minnesoda is going to be more conservative

2007-01-05 05:10:17 · 3 answers · asked by whosajiggawhat? 2 in United States

Can any one tell me which one will give me more money on my income tax return? I am a college student who is in need of a substantial tax return to pay of some debt and books for school.

2007-01-05 05:02:31 · 3 answers · asked by ? 2 in United States

2007-01-05 04:58:59 · 6 answers · asked by Sparklynn T 1 in United States

Ok I collect disabilaty . i heard that i can do my taxes on disabilaty is this true? I have 2 kids and would like to know i never done this before i have done circuit breaker but not file for taxes on disabilaty . Can anyone help me with this . I live in IL

2007-01-05 04:58:08 · 2 answers · asked by mary_llinas 2 in Other - Taxes

I am only earning member of family and my family lives overseas. My parents are retired and I am sending money for them every month. Also I am paying for my brother's education. Can I claim them as dependant in W4 form? How many allowances can I claim?

2007-01-05 04:56:20 · 6 answers · asked by nik 1 in United States

2007-01-05 04:47:39 · 5 answers · asked by Jam1972 1 in United States

I am a stay-at-home mommy of 2 and was wondering if I can claim my 2 children even though I do not have an income. My boyfriend that lives with us works, but he owes the state ALOT of money so he doesn't want to file this year.

So can I file taxes and claim our 2 children??

2007-01-05 04:46:26 · 12 answers · asked by Anonymous in United States

Can you depreciate a truck bought and sold in the same year?

2007-01-05 04:37:59 · 4 answers · asked by Anonymous in United States

I filed my income tax return last year and owed money to the government. I have to pay it off and would like to file my 2006 return. Is it possible to file for 2006 and have the government deduct whatever payment is owed for 2005?

2007-01-05 04:32:38 · 2 answers · asked by Shawn J 2 in United States

If I didn't work in 2006 but worked the following year can I still file for earned income or child tax credit?

2007-01-05 04:29:13 · 4 answers · asked by ? 3 in United States

if you drive a car in the uk you have heard the goverment on the travel tax that they plan to put into place so we have to pay for every mile there is a petition on the goverment web site so what are u waiting for the address is http://petitions.pm.gov.uk/traveltax/ its our money we are getting taxed to much so stand up and say no

2007-01-05 04:18:05 · 3 answers · asked by Anonymous in United Kingdom

2007-01-05 04:08:38 · 4 answers · asked by STARS 3 in United States

I have heard that we can get back 3,000 dollars this year from 2003 when we file our taxes.

2007-01-05 04:00:22 · 4 answers · asked by PENNY B 1 in United States

I'm the court appointed personal administrator for my Mother's estate.

2007-01-05 03:32:15 · 3 answers · asked by tigerlily859_2005 1 in United States

I made 20000 last year, do I qualify for receiving the child tax credit? How does that work? I have one child and do qualify for the EIC. Oh,and on the 1040 line 46, do i write what's on line 43 if i don't have anything on 44 and 45? Any free tax advice would be nice

2007-01-05 03:29:25 · 4 answers · asked by Momin2005 1 in United States

2007-01-05 03:27:24 · 4 answers · asked by Anonymous in Canada