Taxes - January 2007

now there mother want's to claim them since she now has a job, We are divorced can we both claim them since i have them 6month's as well as she?

2007-01-19 04:59:26 · 4 answers · asked by Rick S 1 in United States

I am 17. I turn 18 on Feb. 02, 2007. Um....I am receptionist and making good money. Since I am turning 18 already, can I file for taxes this year? Oh , I am Married and have little girl.

2007-01-19 04:55:59 · 5 answers · asked by Jessica 1 in United States

2007-01-19 04:52:55 · 40 answers · asked by Lagata 2 in United States

Or do you suggest I invest this money somewhere to avoid taxes? All I need to know is how much taxes would owe to the gov't? Is it a flat rate or depends on my situation?

2007-01-19 04:45:58 · 4 answers · asked by Canvas 1 in United States

If I charge a customer 2.000 dollars for a paint job.What portion of that do I pay taxes on if paid by check in my companies name

2007-01-19 04:44:38 · 2 answers · asked by Anonymous in United States

I am accustomed to tax rates between 6% and 7.25% in other states. What's the deal with charging such high taxes in Oklahoma, which is considered a poor state by the way.

2007-01-19 04:37:00 · 1 answers · asked by Jdude 2 in United States

I am curious to know what an approx. refund will be. I claim zero dependants my total income before taxes last year was $31,564.19. I had some pre-tax dedcutions including retirement and health care. Federal taxes taken out where $3,122.95 and state deductions where $1,491.10. I do have seperate money in IRAs and money markets so I am not sure how that will play in. When I use an online calculator it says I owe, I have also put in my info from last year and it said I owed money. However last year I got a refund. So just curious if you have any idea.

2007-01-19 04:36:58 · 3 answers · asked by Brooke N 1 in United States

2007-01-19 04:32:10 · 3 answers · asked by Seven 1 in United States

What does this sentence mean on the 1040EZ T: You are not required to and do not file an individual income tax return.

Who isn't required to file an income tax return?

2007-01-19 04:09:57 · 4 answers · asked by Katrina81 4 in United States

I currently have a TIN (Tax, ID, Number) and I need to fill out my W4 with my employer, can I put this number on my W4 instead of a social?

2007-01-19 04:06:24 · 2 answers · asked by Anonymous in United States

I will proclaim my complete lack of knowledge in how taxes are figured. So I'm wondering if this tracks with anyone since it doesn't with me. In the year 2006, I was single with no dependents. Therefore my W-4 was filled out as being not married with only 1 allowance (me). I taking in weekly net $735. I got married to a woman with a child back in July. Revised my W-4 to start January 1, 2007 to state I was married with 3 allowance (me, her, and her kid). Under the new W-4, I'm taking in $738. Now that's what doesn't track with me. I change my status to married with 3 allowances instead of 1 and my net only goes up $3. Does that make sense?

2007-01-19 04:06:11 · 4 answers · asked by scotty_b_1976 3 in United States

I am trying to pay less UK tax, as I dont think I should be paying it in this circumstance.

2007-01-19 04:03:51 · 9 answers · asked by Anonymous in United Kingdom

My wife is a stay at home mom, and she is always busy. It's a 24/7 job, and she hardly has any time for herself, and when she does get time to herself, she is sleeping.

If she were working these type of hours at an office she would get a nice tax return, I think stay at home moms should also get a tax return.

What do you think ?

2007-01-19 03:50:33 · 7 answers · asked by Anonymous in United States

I have a tax issue and I am not sure how to treat some money that i received. If I go to a tax professional to do my taxes and the tax professionals advice end up being wrong, will I be held liable?

2007-01-19 03:44:46 · 2 answers · asked by Choudhary 1 in United States

we are a family of six ,husband ,wife ,son 14,son 12,son 5,and son1 are yearly income was 19,000 we live in West Virginia can any one help me with what are refund should be or how to figure up our refund

2007-01-19 03:43:22 · 3 answers · asked by SAHM and proud of it 3 in United States

i already got a refund check now i got denied for my second how

2007-01-19 03:11:14 · 6 answers · asked by Anonymous in United States

I am pretty sure it is not random? Do they look at your adjusted gross income (agi) and compare it to the average deductions for everybody with a similare agi and audit you if you deviate too much from everybody else?

2007-01-19 03:02:51 · 7 answers · asked by atl_ace1 4 in United States

This will be the first year that I will be filing in the United States.

When I was filing taxes in Ontario, the money I paid in rent was a deduction so I listed it on my forms.

My husband says that this is not the case in the United States. Is this true and if so, why not?

If our landlord has to claim the money as income why can't we claim it as a deduction?

I am hoping to find a way around this.

2007-01-19 03:01:07 · 7 answers · asked by frehleygirlshideaway 1 in United States

This year I got married, I also started a mutual fund, invested in stock, and relocated to another state. Can I do my taxes by myself or do I need to go to a tax professional?

2007-01-19 02:57:56 · 5 answers · asked by I do 2 in United States

I filed my taxes a couple of days ago off of my last pay stub because I didn't feel like waiting for my W2's. Of course, my employer was on top of things this year and I got my w2's today. According to my W2's, it says that I made 2,000 less then what I have claimed on my taxes. I can't edit my taxes now since they have already been filed. What is going to happen now? Also, since I haven't filed my state yet, which income should I go by when I do? The income on my W2's, or the income written on my federal tax return? HELP!!!!

2007-01-19 02:48:26 · 7 answers · asked by Momin2005 1 in United States

well i am 17 and i have made over $4,500 this year i would like to know what i will get back, also my mom doesnt work so can i claim myself as my own dependant since no one else can, because if i cant i will only get like 120 dollars back and that just sucks!!!!!!

2007-01-19 02:47:12 · 4 answers · asked by Anonymous in United States

2007-01-19 02:39:41 · 4 answers · asked by joe g 2 in United States

2007-01-19 02:21:25 · 6 answers · asked by trgainwell 1 in United States

I bought my house on 8/23/2005 I was told I cannot write off the interest I paid on my mortgage between 8/23 and 12/31 because i was not in my house for 6 months or more, but I could write it off this year. How do I write off the interest from then. Do i just need to enter an explanation why I am writing it off Like Unclaimed from 2005 or did my accountant lie to me. Thanks... Please no guessing here only qualified people

2007-01-19 02:20:45 · 6 answers · asked by dodrambo 1 in United States

ok i got my w-2's in the mail is there anyone i can get a estmate of what i will get back online, i wanna see what i will get back, before filing!!!!!

2007-01-19 02:19:25 · 4 answers · asked by Anonymous in Other - Taxes

Will the state of Iowa tax my South Dakota income as well? Will my South Dakota income increase me into another tax bracket in Iowa to where it makes no point in working the 2nd job due to the taxes I would be paying?

2007-01-19 02:14:03 · 6 answers · asked by Anonymous in United States

i worked fulltime for one company in the last year where I received payment via checks but was not considered an employee of the company, enjoyed no benefits and wasn't even listed with the company's payroll.Under what status do I file my taxes? Employee/Free Lancer? Are free lancers considered self employed?

2007-01-19 01:56:50 · 6 answers · asked by tenzin 1 in United States

My parents live in a house that I own and make the payments on the mortgage, including escrow. Is the payment they make considered rental income to me?

2007-01-19 01:56:37 · 4 answers · asked by heather5683 1 in United States

2007-01-19 01:53:59 · 8 answers · asked by Anonymous in United States

i pay 344 a month for car note which i have to pay for 4 years to pay off my car. well i am about to get my income tax and will be have a little money to go towards my payment. well my dad told me to put some money towards the principle and pay up my car note about 4 months. Have any one done this as far as paying the principle of the car note and a couple of the car payment itself. tell me your experience. The idea is the take a shorter amount of time to pay off my car instead of 4 years

2007-01-19 01:50:57 · 2 answers · asked by justme 3 in Canada