Taxes - January 2007

2007-01-26 11:51:03 · 3 answers · asked by Kea 1 in United States

i read if you make less then 7k a year you dont have to pay taxes to the irs on it. we of course want to file jointly to gain more return. my husband did work full time. do i have to add my 6k to the files since its under 7k

2007-01-26 11:47:49 · 6 answers · asked by rochelle 1 in United States

My boyfriend and I live with our son and share all expenses what would be the most beneficial way for us to file our taxes so that we can get the most amount of money back? We, at the MOST make $19,000 a year with our combined incomes and I still go to college.

2007-01-26 11:42:19 · 12 answers · asked by lilgangan 2 in United States

My husband mad 145k in regular salary and was taxed 50k on that, then he received 2 bonus's one for 48k which he took home 32k and the other one I know his take home from that one was 105K. I also worked and made 45k. From what I can piece together we paid somewhere like 150k in taxes,

we own a home and have 2 kids, do we still have to pay MORE taxes.

2007-01-26 11:40:22 · 4 answers · asked by rxing 7 in United States

My apartment was robbed of about $2100 worth of property in 2006 should I itemize this? And after looking for help with this online I'm suddenly confused on what a standard deduction means. What exactly is the $5,150?

2007-01-26 11:39:56 · 3 answers · asked by but_like_a_refugee 2 in Other - Taxes

How will it affect my EIC? I already know I am qualified for EIC. But, I am wondering how will it affect someone a dependent and is working. How will it affect the dependent refund and the dependent is entitle to a state and federal refund? Will the dependent refund go down? Or, will the claimer EIC go down or up?

2007-01-26 11:30:26 · 8 answers · asked by Me!!! 2 in United States

deduction filed and get re-inburse for them like interest on
mortages, church and other projects that are tax deductable.

2007-01-26 11:22:44 · 4 answers · asked by John E 1 in United States

2007-01-26 11:13:58 · 5 answers · asked by bell480142000 1 in United States

2007-01-26 11:10:38 · 3 answers · asked by Tiffany 1 in United States

2007-01-26 11:09:28 · 4 answers · asked by Anonymous in United States

2007-01-26 11:08:47 · 4 answers · asked by Anonymous in United States

My Girlfriend has been supporting me for the last 6 months I made less than 3000 in 2006 can she claim me as a dependant?

2007-01-26 11:06:02 · 2 answers · asked by kiki 2 in United States

I'm trying to figure out if I should file a 1040EZ, or if I have enough deductions to itemize. I know there is a built in deduction for the 1040EZ, does anybody know if it's a set percentage of income, or exactly what determines the set deduction amount?

2007-01-26 11:00:32 · 1 answers · asked by someguy 3 in United States

2007-01-26 10:57:38 · 5 answers · asked by Richard M 1 in United States

I am currently paying on 2 cars. Can I claim the interest on my return? If so how?

Thanks

2007-01-26 10:55:14 · 7 answers · asked by kat 1 in United States

If a boyfriend and a girlfriend with kids, live together, can the pay taxes together or separate?

2007-01-26 10:50:22 · 2 answers · asked by Mylo 2 in United States

I'm 20yrs old, a dependant, and a full-time student in NY. I am currently making $7600 but will soon be making around $10000. I wanted to know if i'm suppose to file taxes or can i just wait until i'm no longer a dependant to file?

2007-01-26 10:47:48 · 4 answers · asked by Anonymous in United States

I am filing a joint married return that I made all the income. My wife owes back cild support. Am I going to have to pay half with my return because I live in a community property state? She has been making payments for the past two years.

2007-01-26 10:46:35 · 4 answers · asked by Anonymous in United States

i have 2 kids and im not married. i worked this year but not too much it was a temp job.also my cars tranny went so i am needing to buy another car.has anyone done their taxes yes and recived the earned income tax credit? how much could i expect to recive?thanks!!

2007-01-26 10:44:15 · 4 answers · asked by Anonymous in United States

2007-01-26 10:41:19 · 7 answers · asked by bella 1 in United States

ok, so i just started making and selling jewlery from my home in 2006. I have been to a few craft fair type shows to sell my wares. My question is: Can i deduct the amount i spent to make the jewlery from my taxes? I do not have a business liscence.

2007-01-26 10:37:51 · 1 answers · asked by pony30189 1 in United States

I just had my taxes done for the year, but I forgot that I have another tax return that I haven't recieved yet. My taxes have been filed already. Is it possible to add that on when I recieve it?

2007-01-26 10:35:08 · 1 answers · asked by Ron's wife 3 in United States

2007-01-26 10:33:29 · 5 answers · asked by jimbobob 4 in United States

just wondering - if there are any accountants. When i do my taxes this year i pay $306.00 a month for private school tuition? I live in texas and my son is in elementary. Thanks

2007-01-26 10:22:15 · 5 answers · asked by missy_grneyz 2 in United States

2007-01-26 10:19:58 · 9 answers · asked by Anonymous in United States

ok so i need my w2 form or really forms because i worked at two different places during this past year. I need these quick because the FAFSA deadline is on valentine's day and its already going to be february. is there any way that i can find out where it is or why i haven't received it yet.

2007-01-26 10:12:28 · 7 answers · asked by Random guy number 1988 3 in United States

however, he owned a house that I paid for, two questions

1.- The house was sold within two years of ownership (limitation for profit on a house) he did not buy another property, does he have to pay taxes on that money? If so, sonce he does not file tax returns, how would he?

2.- Sine I paid for the house what happens to the interest paid on that house, who can claim it? He doesn't file taxes and my name is not on the mortgage?

2007-01-26 10:00:25 · 5 answers · asked by Mick R 2 in United States

So, will I have to pay the $1000 or the one half of self employment tax? ($500)
and will this $500 effect my EIC?

2007-01-26 09:59:57 · 3 answers · asked by Ashley 2 in United States

Single parent, head of household with 2 dependents (15 & 16),
collected $3000.00 in unemployment, 5 months they withheld taxes out of the checks, then they weren't withholding taxes the remainder of the checks.

2007-01-26 09:57:22 · 3 answers · asked by flash 1 in Other - Taxes

First of all, I would appreciate it if I can hear from a CPA or Tax expert on this.

I am guilty of not filing my 2005 taxes. The good news is I have a nice refund coming and do not owe money.

I am about to file and would like to know:

1. Will there be a penalty on my refund, and if so what can I expect?

2. Since I will be sending my forms through the mail, do I need to include a letter of some sort or even contact the IRS prior to sending them out OR do I just mail them in??

Thanks.

2007-01-26 09:57:05 · 4 answers · asked by Enlightenme! 2 in United States