Taxes - January 2007

Interests, dividends and capital gains are taxed as income, either ordinary income or capital gain. I was told if done wisely, the income can be deducted as an investment expense? How do I do that?

2007-01-18 16:24:13 · 5 answers · asked by lss 1 in United States

Is it illegal to check the single box when you are married?

Does this depend on whether your spouse works?

Please I need correct information…Please do not guess!

2007-01-18 16:13:49 · 4 answers · asked by Anonymous in United States

I worked very litlle as a student in 2005, and my retun was $27 and i want to know if i can add that to my 2006 return and how to do it.

2007-01-18 16:13:13 · 5 answers · asked by Yolanda A 1 in United States

I understand that internet sales are non-taxed. If this is true then what legally constitutes an internet sale?

2007-01-18 15:36:00 · 3 answers · asked by bpark73 1 in United States

If the value of the truck is $10K how much could I potentially write off for depretiation sake?

And if I bought it in 01/2007 can I write it off for last year's taxes?

2007-01-18 15:07:05 · 3 answers · asked by Anonymous in United States

for the past 30 years no one told me I have to pay taxes and now the IRS is telling me that I owe them some monies??? what do I do?

2007-01-18 15:06:29 · 10 answers · asked by Jennifer S 4 in United States

when do w2s come out

2007-01-18 14:50:13 · 3 answers · asked by k d 1 in Other - Taxes

2007-01-18 14:40:08 · 3 answers · asked by bjr1087 1 in Other - Taxes

What if I get confirmation that IRS accepted the return on FRiday? WIll it be two weeks?

2007-01-18 14:27:08 · 6 answers · asked by stephisav 1 in United States

she says she is gtting 80% lmao of income tax return. can she legally do this? we were filing joint i think. whats the best way to go about this?

2007-01-18 14:23:14 · 7 answers · asked by sparksss 1 in United States

2007-01-18 14:10:58 · 8 answers · asked by bjr1087 1 in Other - Taxes

taxes

2007-01-18 14:09:00 · 5 answers · asked by loufifteen 1 in Other - Taxes

im clueless, i turned 18 july last yr, and well do i have 2 do taxes now?
if so how do i go about it?

2007-01-18 14:08:27 · 5 answers · asked by ♥ms.peREz?♥ 4 in Other - Taxes

this is our first time filing as a married couple and we are unsure of wheather we should file together or separate, we want to get the most money back, which way is the best or only way we can file?

2007-01-18 14:02:13 · 5 answers · asked by Jennifer W 1 in United States

2007-01-18 13:59:50 · 13 answers · asked by Jennifer W 1 in United States

My soon-to-be ex-husband and I seperated last April. He hasn't lived in my household since then and has contributed nothing financial to the household. We are not legally seperated nor fully divorced as of yet. We also live in New York. Can I file under the single status or must I file married but seperate?

2007-01-18 13:46:22 · 6 answers · asked by bannasmom1 2 in United States

how much was hid and were you ever busted, what was the outcome with the IRS. Just wondering how people get away with hiding money when filing taxes.

2007-01-18 13:43:58 · 5 answers · asked by lovelife 1 in Other - Taxes

I am an international student studying in London. I work part-time in a chain of stores. From my earnings, 25% of it gets deducted as Tax(P.A.Y.E). I have heard that students can claim the tax back from the Inland Revenue and Customs. I visited the website but couldnt really find the eligibility criteria for the claims. I am a bit alien to how this system works in the UK. It would be great if you help me out with this. I am willing to further share details if required.

2007-01-18 13:28:11 · 1 answers · asked by Koolnal 2 in United Kingdom

2007-01-18 13:27:36 · 4 answers · asked by David K 1 in United States

2007-01-18 12:53:43 · 4 answers · asked by Anonymous in United States

I asked a question here, but i think i didnt explain my question properly.

I and my spose are in separate states -- so for my state taxes, could i take take two exemptions, though i am filing as married, filing separately? I understand that on federal filing, if i file as married&separate, i can get only one exemption, but my question is to do with the state, and we are not double-counting exemption on same income.

I am ofcourse only including my income, in the wages derived from my state -- similarly she counts only her income in her filing in the state she is working in, and takes 2 exemptions for her state. That way, we are not double-counting, on the same dollar of income - we are getting only 2 exemptions (being married) on each dollar of income (not 4).

2007-01-18 12:44:22 · 2 answers · asked by Anonymous in United States

2007-01-18 12:38:10 · 4 answers · asked by tgthanks 1 in United States

2007-01-18 12:12:11 · 7 answers · asked by Anonymous in United States

2007-01-18 11:44:44 · 7 answers · asked by Anonymous in United States

I am a college student who during summer and part time jobs made around $7000 my mom who is working part time also made around $10000. She was going to claim me as a dependant which I am but I still want to claim myself is this possible?

2007-01-18 11:44:06 · 7 answers · asked by cardenas_ciro 1 in United States

I am planning to claim my live in boyfriend on my taxes as a dependent, he did not work last year. He owes some back child support. Will my return be penalized?

2007-01-18 11:26:53 · 6 answers · asked by elenikoumpis 1 in United States

I am planning to claim my live in boyfriend on my taxes as a dependent, he did not work last year. He owes some back child support. Will my return be penalized?

2007-01-18 11:25:01 · 6 answers · asked by elenikoumpis 1 in Canada

I hear that there is actually NO LAW that allows for taxes to be collected on income. If there is a law that allows for taxes to be levied, where is it. How can we see a copy of the law (it should be on "the books" somewhere, right?

Is there an amendment that stipulates the guidelines and requirements?

I really want to know!

2007-01-18 11:06:15 · 4 answers · asked by johnmglue 1 in United States

Okay so ive been at my job for about months. I got my taxs form w2 thing online.. WHAT DO I DO WITH IT? im 17 ive never had a job before this and ive never done taxes?? can someone please tell me in every detail what i am sposed to do?

2007-01-18 11:05:22 · 6 answers · asked by catieann 3 in United States

One person makes almost double the other, but when the paycheks for both arrive every 2 weeks there's not a significant difference between the 2 because the high paying one gets taxed to death.

2007-01-18 10:56:28 · 6 answers · asked by Anonymous in Canada