Taxes - January 2007

I need to know how to do church donations on taxes, do i have to "itemize"? What does that mean? What forms do i need? Any infomation will help, thanks

2007-01-17 04:38:48 · 5 answers · asked by cupofjoe_84 1 in United States

2007-01-17 04:28:21 · 7 answers · asked by glitter girl 1 in United States

I am working with a private limited company since February 2006. Due to reasons alien to me the company has not deducted income tax from my salary so far. Through a chartered accountant i paid advance tax in the month of December after calculating the tax based on my salary income and investments. The logic behind the payment of advance tax was to avoid any interest accrued for the accumulated tax and to avoid heavy tax cut during Jan-Mar. But to my surprise and dismay, the company refuses to accept the advance tax citing that they cant accept tax paid outside of TDS.

In this context,
1) Is the company within their rights in not accepting my advance tax paid receipts?
2) Does a citizen need to pay advance tax (in accordance with the deadlines issued by the IT dept) in case of salary issuing company not deducting the tax at source?
3) Are there any specific guidelines for TDS by which the heavy tax cut during the last 2-3 months by the company is prevented?

2007-01-17 04:22:31 · 2 answers · asked by Ganesh 2 in India

No FICA, no Medicare and no Social Security taxes for work over 40 hrs/week.

2007-01-17 04:02:13 · 4 answers · asked by At Last WC2010 6 in Other - Taxes

My daughter lives with me Her father is in the marines and he wants to try to claim her on his taxes yes he pays child support but she has lived with me from day one i have been told by several people that he can't claim her.

2007-01-17 03:52:22 · 9 answers · asked by ♥ Ash ♥ 2 in United States

I'm trying to figure out why I'm not qualifying for earned income credit. I'm filing my taxes with HR block efile. I made $34, 148 and claim 2 kids. I made under $36K and have 2 dependents. Why don't I qualify?

2007-01-17 03:42:30 · 5 answers · asked by ? 3 in United States

How can I see a N.P.O.s Financial Statement the is in Osceola County Florida?

2007-01-17 03:42:06 · 1 answers · asked by Frank E 1 in United States

and savings?

2007-01-17 03:26:47 · 5 answers · asked by Uncle sam's nephew 1 in United Kingdom

2007-01-17 03:22:53 · 7 answers · asked by Angela H 1 in United Kingdom

And what will happen if I don't include them?

2007-01-17 03:19:32 · 11 answers · asked by George P 1 in United States

Looking to get my own personal taxes complete. What is the average cost for the job?

2007-01-17 03:07:15 · 9 answers · asked by LG 1 in United States

What place feels most comfortable to you and really seems to look out for your best interest and charges a reasonable fee?

2007-01-17 03:04:37 · 224 answers · asked by mjasfvpld 2 in United States

Does anyone know any more information about this? what is the catch? what about filing your state for free as well?

2007-01-17 03:01:36 · 7 answers · asked by xoxoraj 1 in United States

I went self-employed at the beginning of this yr and now have to do my first tax return. I have an accountant that will do everythin for me, but what will i need to provide him with? i'm dumb when it comes to tax and stuff and dont really know what its all about?!

2007-01-17 02:55:39 · 6 answers · asked by Anonymous in Other - Taxes

OK i am filing taxes tonoght. i am a single mother of a 4 yr old who attends a private school. what type of other things can i use as exta deductions. i would like to the most i can!! if u have any suggestion, please let me know!!!

2007-01-17 02:35:12 · 3 answers · asked by Anonymous in United States

I made $7500 last year, and my husband who is a full time student only made $500 or less substituting...Do we even need to wait for his w2, or can we go ahead and file with just mine? I was told if you make under a certain amount, you do not have to file, and since his was only $500, can we file without his????

2007-01-17 02:35:11 · 4 answers · asked by peterpan123 3 in Other - Taxes

I bought the house, made improvements, and sold it under 2 years - but I sold it for less than what I paid for it because of the current market. Here is what I understand from the IRS:

1. If home is sold under 2 years and profit is made, then you must claim profit whether you lived in it or not.

2. If home is sold under 2 years and lose money, then you can only claim a loss if you did not live in the house.

It seems like a one-way street with the IRS. Is there anyway I can claim a loss on my taxes? How can the IRS prove I really lived in the home and not in my friends or parents home? There has to be some way around this, because I took a pretty hard hit financially with this property.

Thanks.

2007-01-17 02:26:29 · 3 answers · asked by Anonymous in United States

Is it legal to claim my girlfriend on my taxes. We have been living together for years, but in 2006 we had a baby so she stay home..Thanks

2007-01-17 02:25:50 · 7 answers · asked by Joshua M 1 in United States

2007-01-17 02:22:00 · 2 answers · asked by tammy d 1 in Other - Taxes

2007-01-17 02:20:29 · 13 answers · asked by customcat2000 4 in United States

2007-01-17 02:10:13 · 2 answers · asked by Anonymous in Other - Taxes

2007-01-17 02:07:38 · 2 answers · asked by jailbreak 2 in United States

I'm not sure if this is the right place for this question.

2007-01-17 01:52:15 · 1 answers · asked by InvisibleWar 2 in United Kingdom

My girlfriend and I lived together in the same home for all of 2006. The home loan is entirely in my name, the title is in both of our names. How do we claim the interest paid on our tax returns? Basically, can she claim it at all? Can we split it? We both split the payments for the entire year of course. I'm just looking for the right answer WITH a reference. Though probably I'll just end up claiming it anyway and giving her half of whatever it does to my refund. Thanks folks!

2007-01-17 01:50:27 · 3 answers · asked by John K 3 in United States

Hi,

Could anybody tell me how much tax has to be paid on any gains produced by an online savings account? An average, a maximum or more precise data would be appreciated!

Thanks in advance.

2007-01-17 01:37:28 · 2 answers · asked by Howard500 1 in United States

I am a single mother of 2 children aged 6 and 4. I work full time and go to school full time. Can I be tax exempted?

2007-01-17 01:04:54 · 4 answers · asked by sunkist 2 in United States

2007-01-17 00:51:33 · 5 answers · asked by sexy D 1 in United States

I filed my taxes at H and R block. The refund amount does not make any sence to me. I want to run them threw on taxACTonline.com! I want to just put my figures in and then cancell everything before submiting the information (as I all ready filed) Do you know if I can do that? Or any website that will let me just figure in what the refund amount will be?

2007-01-17 00:45:51 · 3 answers · asked by BOOTS! 6 in United States

Boy I know IRS is gonna come after me for this, but I havent filed for taxes in 7 years .. Really never I worked a lot of odd jobs but never had them long enough to file. I know the government is gonna come after me unless I use the IRS is illegal defense. Quite frankly, I would rather just file. So my question is could I file for the years I didnt file and pray they dont audit me or should I just get ready to go to jail?

2007-01-17 00:30:10 · 10 answers · asked by Arthur D 3 in United States

2007-01-17 00:29:56 · 10 answers · asked by suresh pillay 2 in India