Taxes - January 2007

My brother died in October. I know that I have to file his last tax return because he had income. We do not have the medical bills $4,000 yet that he incurred so we haven't paid them but they are coming in 2007 instead of 2006. How do I report these medical bills - on his last tax return or if I pay in 2007 how do I report them if it occurs after I file his last tax return. He did not have enough to file a estate tax return nor did he have a will.

Thank you.

2007-01-25 01:37:33 · 6 answers · asked by SallyMay 2 in United States

When entering mortgage interest while filing my taxes, it is asking me for the mortgage credit certificate number. What is this??

2007-01-25 01:36:29 · 2 answers · asked by christina c 2 in United States

My brother died in October and did not have a will. The condo he had and mortgage was in his and my father's name.They bought it for $65,000. My father is still alive and we are selling the condo for $204,500 or less in the next tax year that he didn't die. What is my father's responsibility for the capital gains - half? What happens to my deceased brother's half? And how do I file this condo tax wise - on the estate tax return or my father's. He didn't have enough money for estate tax.

Also, my parents are getting my brother's Thrift Savings Plan (401k) proceeds. What are their resonsibilities tax wise on that?

2007-01-25 01:34:45 · 2 answers · asked by SallyMay 2 in United States

Will the IRS take my tax returns because my spouse owes child support. Even if I file seperatley.

2007-01-25 01:34:32 · 3 answers · asked by az 1 in United States

2007-01-25 01:33:02 · 6 answers · asked by Ian W 1 in United Kingdom

I've recently moved from California to Illinois but am still working for the same California-based company out of my home. I am unsure where I will file my state taxes when tax time rolls around. Any advice appreciated.

2007-01-25 01:18:34 · 8 answers · asked by Francesca B 1 in United States

In 2006, I took out a home equity loan and used the money for home improvements. **New insulation, siding, windows, & doors**. How much of this can I deduct on my taxes? Can I also claim the interest I paid on my home equity loan?

2007-01-25 01:10:17 · 3 answers · asked by christina c 2 in United States

Tax time is here!! I am single no kids living with parents making about 30k what can i use as tax deductibles? I almost never get any money back and my friends are always getting like twice what i get back...and they are in my same livings status...i dont go to school either...can anyone give me any deductibles i can use to get more money back? Anyone please help!!!

2007-01-25 01:03:30 · 4 answers · asked by brwnnprd 1 in Other - Taxes

2007-01-25 00:34:25 · 2 answers · asked by rachel k 1 in United Kingdom

This year I will be filing with a 1099 instead of a W2. Is there anything else that I should let the people doing my taxes know? Is there write offs that I can now get that I couldn't before? Please help...like all of us I am trying to get my taxes as low as possible. Thanks

2007-01-24 23:31:55 · 5 answers · asked by Jim B 2 in Other - Taxes

i worked last year and my girlfriend didnt. she can file earned income credit right? do u think she could get more back by claiming her or would it be the same no matter if i do or she does?

2007-01-24 22:58:34 · 10 answers · asked by preludesir007 2 in United States

Last year my husband and I filed an amended tax return with a different AGI. When asked for AGI for last year, which one do we use the one on the orginal return or the one on the final amended return?

2007-01-24 22:58:02 · 2 answers · asked by ♥ Sparks♥ 3 in United States

2007-01-24 22:47:07 · 5 answers · asked by cross eyed cyclops 1 in United States

Tax Questions - Independant Contractor?
My bf was very briefly (Very.. like a month and a half) employed somewhere where the employer never asked for their social and never put them on official payroll. However, they would like to file what little income was received (less than $1200, can they just fill out a 1099 and send it in with the rest of their taxes? Is it that simple or is the employer required to do something? If the employer never filled out any forms for them, will they (the employer) be in trouble if the income is filed? Is it just silly to claim such a small amount of income? Better safe than sorry, I think.

2007-01-24 22:09:31 · 5 answers · asked by Anonymous in United States

i made 13463.00 tl for ssi disab insurane in 2006 and now i get a part of his pention of a tl of 2253.00tl for 2006 thats my only income . i dont have any write offs i am devorce now4year. he now coll social securty disabilty i now live with him and split th expences till i can get back on my feet.we do still kind of get along what do i do.now do i need to let then know we live together he is going to file his own.do i file this year.

2007-01-24 22:06:25 · 5 answers · asked by Anonymous in United States

I have been off and on employed (and a student) within 2006 and hit some rough times where my boyfriend would loan signifigant amounts of money to live off of or use for doctors visits. So, I 'm worried if the IRS sees this incoming money occasionally going into my bank account, will I need to account for it? Is there a section on the tax form for this?

2007-01-24 21:41:20 · 3 answers · asked by Anonymous in United States

I recieve money from family and my boyfriend often to help keep me afloat. Most of the time it's cash, sometimes checks or wires. Should I claim this on my taxes? How do I do that?

2007-01-24 21:17:31 · 5 answers · asked by Anonymous in United States

and wondering if i can claim hospital bills as deductions on my taxes

2007-01-24 20:37:33 · 3 answers · asked by jdurham31 1 in United States

Do I have to fill out a claim from them? They are 8 & 10 years old. This is the only money they earned. I am also named the as the one who is responsible for making sure this money is used for their care and needs. Do I report it or does my husband or do my child have to file?

2007-01-24 20:17:57 · 3 answers · asked by Anonymous in United States

I have a friend who is in the same situation I'm in: I have a 2 year old son and I've been with his father for 3 1/2 years, we're not married. My friend's boyfriend filed as "Head of Household" and claimed HER as a dependent and got more money. I am trying to do the same thing since I made under $3300 and he supported me and my son so I could be a stay at home mom. At turbotax.com, why are they telling me I need to be in school or disabled in order for my boyfriend to get more money? Why did this work for my friend and not us, when we're in the same situation??

Finally, HOW can we get the absolute most money from filling the info out on turbotax.com?? Any advice?? Please e mail me if you need to go into detail or have anything to tell me, or just say it all here. Mattysmommy2004@yahoo.com. Thanks!

2007-01-24 19:19:46 · 3 answers · asked by mattysmommy2004 4 in United States

Lets say I have a fixed deposit worth 50,000 USD in USA which I bring back to India while I leave my NRI status and become a resident. This is money earned abroad while being a NRI, so does this needs to be taxed as well?

2007-01-24 18:39:05 · 8 answers · asked by Anonymous in India

I think that the cutoff for companies to send their W2s to employes is Feb 1st, Do they all wait to the last minute to do this, also I worked for a company last year that offered my W2 online, but I quit them and don't have access to the e-mail account that I used to sign up for it, Will they send me a paper one when they get the e-mail bounced back??(I moved and cut-off my internet where I was, Forgot all about it untill about a week ago) Thanks ahead of time.....

2007-01-24 18:27:30 · 4 answers · asked by johnmc318 2 in United States

I went from living in Idaho all of my life to moving to Utah for a few months, and ended up moving back to Idaho, all in 2006. My husband & I had jobs in both states. What is this going to do to my taxes? How do I file the Utah taxes? Is there a way I can get the W2 forms from Utah sent to me in Idaho ( I didn't leave a forwarding addy because I was staying with friends)? Oh! And we claim one child. Thank you in advance for any and all help you can give!

2007-01-24 17:41:37 · 1 answers · asked by angelover 2 in United States

I am working on 2 flip homes in canada, and I will have to hold on to them for a year to avoid paying capital gains, is there any ways I can get around this if I want to get rid of them sooner.

2007-01-24 17:33:51 · 6 answers · asked by Anonymous in Canada

commision?...need help

2007-01-24 17:33:32 · 4 answers · asked by LAROCA 1 in Other - Taxes

2007-01-24 17:28:55 · 1 answers · asked by MARICELA v 1 in United States

I am married and I want to file seperatly , and I also want to file head of house hold with two children, I have been seperated from my husband for almost a year , not leagally seperated he just moved out, the Children are mine from a previous Relationship , will I lose out if I dont file with him ?? or will it be better to file with out him ?? He only worked like 3 months last year and has been unemployed ever since

2007-01-24 17:26:05 · 5 answers · asked by afayspain 1 in United States

can any one help??

2007-01-24 17:21:30 · 10 answers · asked by LAROCA 1 in Other - Taxes

2007-01-24 17:20:14 · 3 answers · asked by Anonymous in United States

I have a 13-month-old daughter, and this is the first year that I will be claiming her on my taxes. However, I am a full-time student and my only income is from work-study. I earned a grand-total of $1608.42. I put my preliminary info into one of those tax refund websites, and it says I"m eligable for the EIC, but what about the child tax credit? Is there a reason why I would not be able to get that, too? I do not have my W2 yet, so I can't officially file, yet, but I would like to know why I can get the EIC but not the CTC. If anyone has any insight, please share it with me!
Thanks!

2007-01-24 17:16:24 · 3 answers · asked by Sarah S 1 in United States