Taxes - January 2007

My divorce was final in November 2006, I moved out of the house in Sept 2006. I turned the house over to him in a quick deed in our divorce. My husband is trying to claim all the interest deductions on his taxes and is telling me I'm not entitled to the interest because I turned the house over to him. Do I have rights to the deductions? What should I do?

2007-01-04 10:50:22 · 3 answers · asked by JD D 1 in United States

by weekly how much should i come home with every 2 weeks with 40 hours a week..?i heard that they take alot in your taxes when you claim zero...but what i really want to know how much is my forst paycheck might look like for 2 weeks...>? please answer, im trying to do my budget...!

2007-01-04 10:35:31 · 5 answers · asked by dat_sweetmami 1 in United States

2007-01-04 10:23:18 · 8 answers · asked by lescarterllcarter 1 in United States

2007-01-04 09:45:46 · 2 answers · asked by ronyaemory 1 in United States

2007-01-04 09:45:28 · 7 answers · asked by Lori F 1 in United States

Can they or will they still take your federal income tax refund although you have already set up payment arrangements with them and are paying on time as agreed upon through arrangements set up through a bankruptcy????

2007-01-04 09:38:59 · 3 answers · asked by egg_sammash 5 in United States

This year i had to get many repairs done to my car i waisted more money than what my car is worth now. But I really was wondering this because some one had told me about it But i really didn't believe them.

2007-01-04 09:37:33 · 2 answers · asked by JESS 2 in United States

ok, i plan on filing my taxes thru online program such as turbo tax...using my check stubs instead of w2 forms cuz i need money now and the forms will come too late. i have the stub for the job ive been at the last 8 months but what happens if i leave off the stubs from jobs i had early in the year. can i leave them off the tax report then when i get their w2 forms, go back and say "well i forgot about these" and file them separately?

2007-01-04 09:34:34 · 3 answers · asked by Anonymous in Other - Taxes

anyone know what do i do, or how do i deal with workers comp when i do my taxes for last year...i was on workers comp for about 2 months...

2007-01-04 09:33:54 · 2 answers · asked by dmcg1012 3 in Other - Taxes

2007-01-04 09:20:00 · 5 answers · asked by Anonymous in United States

2007-01-04 09:11:33 · 7 answers · asked by dusjesmom 2 in United States

2007-01-04 09:10:48 · 5 answers · asked by stex 1 in India

We were told last year that we had to pay $5000.00 in interest before we claimed it on our taxes. Is this right?

2007-01-04 09:10:39 · 5 answers · asked by Lori F 1 in United States

If so what if I put all innaccurate info will I get busted?

2007-01-04 08:57:00 · 14 answers · asked by kevin m 4 in United States

2007-01-04 08:51:48 · 5 answers · asked by mandypants2006 2 in United States

2007-01-04 08:38:20 · 8 answers · asked by dianemiller 1 in United States

Some one has been using my sons social security number on their Taxes .I callled the IRS .....a lady told me that there was no way that she could give out information on whos been using my sons social security number. Is that in fact the case? what can or should i do if anything to prevent this from happening anymore?who should i contact? cause it certainly isnt the IRS.

2007-01-04 08:30:55 · 3 answers · asked by Lee 1 in United States

Ok, here's the deal:

1. I will receive a 1099-Misc for $3,000 from organization X.

2. Throughout the year I received 3 $95 honoraria payments from organization Y, which I am not sure whether I will receive a 1099-Misc from.

3. I received a one time $200 service compensation from oraganization Z, which I am not sure whether I will receive a 1099-Misc from.

Note: Income from organization X will be declared on Schedule C of my 1040.

Questions:
1. Do I have to report income from organization Y and Z on Schedule C if I receive 1099-Miscs, eventhough, they are both less than $600?

2. If I don't receive 1099-Miscs, do I report the income from organization Y and Z on Schedule C?

2007-01-04 08:18:59 · 7 answers · asked by bmadrid79 1 in United States

I'm sixteen and I have been working for about 8 months. I know I get something back from taxes but I don't know what taxes we get back and how much.

2007-01-04 08:09:34 · 7 answers · asked by Anonymous in United States

2007-01-04 07:50:22 · 5 answers · asked by meranda c 1 in United States

2007-01-04 07:47:45 · 6 answers · asked by Anonymous in United States

2007-01-04 07:20:07 · 2 answers · asked by theloveuneverhad 1 in Other - Taxes

My niece's (19) husband (19) works for his stepdad as 1099 and was paid cash all last year. He never paid any taxes and he made roughly 20K. They have a new baby (reason for marriage). I am concerned that they haven't paid anything. They said that they spoke to a tax preparer and he said that this isn't a problem. Is this true? I thought that you had to estimate and pay taxes quarterly. These are know-it-all teenagers and I'm afraid that they are going to learn another hard lesson.

2007-01-04 07:13:10 · 8 answers · asked by Saved! 2 in United States

im trying to do my taxes myself, wondering if the refund we got last Jan. counts as income for last year

2007-01-04 06:49:54 · 16 answers · asked by Kristine R 4 in United States

2 almost 3 months behind on house payment and 2 months on credit cards, current on $18,000 vehicle, owe $70000.00 on a 120,000.00 house 1st lien is 45,000 and 2nd is 25,000

2007-01-04 06:30:22 · 5 answers · asked by moose 1 in United States

2007-01-04 06:26:02 · 13 answers · asked by Rachael 2 in United States

I owe the IRS about 900 dollars. I am an account manager (inside Sales). I have always just went to H&R Block and had my taxes done. I need to know what I can itemize. Is there any secrets to help bring my balance down.

2007-01-04 06:24:15 · 5 answers · asked by Justin B 2 in United States

If the only income a person has is around ten thousand dollars from bank interest, would that person have to declare and file and be liable for tax?

2007-01-04 06:21:46 · 8 answers · asked by David M 3 in United States

We felt we were overpaying on our taxes for years. Our neighbor has a very similar house and his taxes were substantially less. We grieved it several times using his house as a comp and were denied. On the county's website it showed us that our house's sq. footage was off by 300 sq. ft. The county said it was a clerical error and that it will be fixed for the future tax rolls but, for what we already paid, they can do nothing. Anything we can do? Thanx.

2007-01-04 06:06:58 · 9 answers · asked by WKokiadis 2 in United States

I am 36 years old, I have been gainfully employed making $150k plus per year for the past 11 years and I have never filed taxes, I am a W2 employee, and taxes get taken out of my on a monthy basis, what should I do?

2007-01-04 06:05:53 · 15 answers · asked by Dave 2 in United States