Taxes - January 2007

My Husband made 52,000 this year and paid quite a lot in taxes. He had me and our daughter has dependents because I didn't work. Then the last 3 monthes of the year I got a part time Job. I didn't claim myself since my husband did. We just took our taxes to be done and they say we owe 4,000 dollars and all but 700 of it is due to me working. But I only made 1400 dollars at my job. I am very confused.. Can any one explain this to me?

2007-01-26 03:40:42 · 8 answers · asked by Lauren 2 in United States

People who are 100% disabled are not given this credit. Know a man who has not been out of bed in ten years and does not get extra deduction. Are the blind worse off? Anyone know history of this tax excemption.

2007-01-26 03:38:42 · 2 answers · asked by rallman@sbcglobal.net 5 in United States

2007-01-26 03:32:04 · 3 answers · asked by Anonymous in United States

I have just discovered that when I moved house 18 months ago, the council re-banded my house from F to G.

All the other houses of the same type were and still are band F. Why would they do this?
Are they just trying to bleed me dry?

2007-01-26 03:31:53 · 5 answers · asked by Lord Onion 4 in United Kingdom

I sold my primary residence in 2006, for $125,000 and bought a new house for $205,000 in the same month. I used 75% of the profits from the sale ($30,000) as the down payment for the new place. My question is twofold. Do I have to pay taxes on the profit I made from the sale of my house, and secondly, can I deduct the improvements I made on that house, such as appliances, bathroom remodeling, etc.?

2007-01-26 03:30:38 · 10 answers · asked by Josh R 1 in United States

2007-01-26 03:22:25 · 4 answers · asked by dsander06 2 in United States

2007-01-26 03:17:45 · 2 answers · asked by USha S 1 in United States

2007-01-26 03:15:52 · 6 answers · asked by Anonymous in United States

2007-01-26 03:10:41 · 8 answers · asked by MARJ213 2 in United States

I babysit, and make a 100.00 a week and nothing was taken out. She told me she wasn't giving me any form stating how much I was paid. I have no record of how much I made. What am I to do?

2007-01-26 03:07:30 · 1 answers · asked by hanna_mccray 1 in United States

I have w-2, 1099-b, 1099- int and 1099-div. Do I use 1040 or 1040A? Do I need other forms? The divident and capital gain is about 300 each. My AGI is about 40k - 45K

2007-01-26 03:05:52 · 3 answers · asked by jean 4 in United States

My tax return was rejected by the IRS. The reson stated was that my dependent was claimed on someone elses return. No one else is eligible to claim my child, can I find out who did this? and how can I correct it?

2007-01-26 03:05:20 · 4 answers · asked by Paul M 1 in United States

I've never done my own taxes but I am thinking about doing them myself this year. I just can't justify paying to have someone else to it. I'll have a pretty simple return. I'm a single mom, filing head of household, I have 1 son and the only thing I plan to claim is daycare expenses. I guess I'm just worried that I'll screw it up. I've never even really looked closely at my W-2. I'm not sure what it all means. Do you think I can do it by myself? Are the online sites easy enough for someone like me to understand?

2007-01-26 03:05:05 · 2 answers · asked by Justinsmom 3 in United States

2007-01-26 03:02:54 · 1 answers · asked by cal0199 1 in United States

I'll like to know can I still file state and federal taxes and recieve eic
and will they take the money that I didn't pay out of that? Or will they make me pay out of my pocket

2007-01-26 02:58:54 · 3 answers · asked by bigshaheem 1 in United States

I heard that I have to take out an estimated tax amount in every paycheck so that I have money for WI taxes since I live there and IL can't take any taxes out of my check. I'm not exactly sure how this works...can anyone help me to understand!?!?!?

2007-01-26 02:30:39 · 3 answers · asked by tomboy 7 1 in United States

2007-01-26 02:25:47 · 12 answers · asked by bhbghgjbvmnbncvb 4 in United States

We had our taxes done last week and the $$ was direct deposited into our account already. When I got home yesterday there was a w-2 in the mail from unemplyment I received for the month of January that I COMPLETELY forgot about $2000 with 0 taken out for federal so obviously I owe something, but I dont know how do I start all over if they have already been done and even already got my refund, or should I just wait and see if they even catch it and then pay it when they catch it????

2007-01-26 02:21:48 · 13 answers · asked by Anonymous in United States

I didn't work very much last year due to pregnancy issues.My doctor issued me to stop working due to the work I was involved in was causing me pain.I think I only made 3000 last year.If he does claim me could I still file also ?

2007-01-26 02:21:32 · 3 answers · asked by Anonymous in United States

If I had a long term loss carry over in 03, very little income in 04 and didn't use the carry over. Can I apply the carryover to 05?

In other words, is it OK to skip a year?

2007-01-26 02:19:54 · 6 answers · asked by zocko 5 in United States

?

2007-01-26 02:15:48 · 2 answers · asked by Jilm_Jones 3 in United States

Hi all...i was hoping maybe someone relatively qualified could assist me with this. I think I'm ready to file my taxes for this year and have a couple questions before I do so...

1. I have a student loan out...I hear that the annual interest paid on the loan can be deducted from your taxes. Is that correct? If so, can it be done more than 1 year? (meaning if I have the loan out for 5 years, can I deduct the interest paid every year of those 5 years?)

2. I have a Roth IRA and am curious whether that has to be counted into my tax filing in anyway? I don't believe so, but I'm not positive.

Thanks much,
CT

2007-01-26 02:01:59 · 5 answers · asked by Anonymous in United States

Is it possible for my mother to claim me and still be able to claim myself as a student seperately?

2007-01-26 01:58:24 · 7 answers · asked by Chrissilicious 2 in United States

We filed taxes 2 weeks ago and I went to the website and they said that we would get out taxes by Feb 27 is this an estimate. It is going to be direct deposited why so long! Is this just an estimate.

2007-01-26 01:58:05 · 4 answers · asked by Anonymous in United States

2007-01-26 01:48:09 · 10 answers · asked by dumbass 1 in United States

2007-01-26 01:41:44 · 4 answers · asked by reb 1 in United States

I mean I really did not received the money, so is there a box on the 1040 tax form that I add this or just to my adjusted gross?

2007-01-26 01:32:02 · 2 answers · asked by ambtous0001 1 in United States

I have serveral savings accounts, some had earn interest less than 10 dollars in 2006, so the banks won't send out 1099. However, all of them add up to like 50 dollars, do I only file the one that send me 1099? or do I report the total interest of all accounts?

2007-01-26 01:27:24 · 5 answers · asked by jean 4 in United States

How do I apply to receive a refund for the Telephone Excise Tax?

2007-01-26 01:26:53 · 3 answers · asked by oleopagetoo@sbcglobal.net 1 in United States

2007-01-26 01:16:07 · 3 answers · asked by Anonymous in United States