Taxes - January 2007

2007-01-14 10:47:42 · 5 answers · asked by Anonymous in United Kingdom

I know this is probably a complicated formula, but if someone could give me a general idea, I'd be grateful. In 2006 I made (gross) $18,424. I paid 1,648 in federal taxes. I'm single, no dependents, no assets or any kind of IRA or anything like that. But no one can claim me as a dependent of theirs, either. So I'm pretty much alone.

Will I get any money back? Will I end up owing more? :(

2007-01-14 10:46:25 · 10 answers · asked by Jennie O 1 in United States

I make around $38,200 a year. Of that, $8,200 went to taxes. $4,156 for Federal Withholding, $463 for Fed MED/EE, $1,981 for Fed OASDI/EE, and $1,597 for CT withholding. I'm single with no dependents. Can someone give me a rough estimate as to how much I will get on my tax return? Thank you very much!

2007-01-14 10:42:58 · 5 answers · asked by v0lten 2 in United States

i have a daughter, my girlfriend didnt work last year, we dont live together a the moment, but buy most of what we need for our daughter. i have a job, 401k,. can i claim her also or not since we arent married even if she dont file and no one else claims her.? Head of household? earned income? how bout all the stuff we bought for our daughter and i kept all the reciepts can i get some of those taxes back. pretty much any thing where i can get a lil more. this i smy first child so this year is kinda new for me on what i can claim. thanks

2007-01-14 10:31:32 · 6 answers · asked by preludesir007 2 in United States

2007-01-14 10:14:45 · 8 answers · asked by Aundie J 1 in United States

2007-01-14 10:03:09 · 2 answers · asked by Stan F.Curtis 1 in United States

2007-01-14 09:41:56 · 4 answers · asked by wkarr77 1 in United States

i live with my boyfriend and work full time and i have two children not by him can i still claim the earned income credit on my taxes?

2007-01-14 09:22:01 · 5 answers · asked by Jerry D 1 in United States

I'm a student, no dependents.
Before anytihng was taken out, I made $5,761.70 this year. $156.66 went to Federal W/H, $357.22 went to FICA, $83.54 went to Medicare, and $81.62 went to SIT, making a total of $679.04. About how much should I expect to get back?

2007-01-14 09:19:27 · 6 answers · asked by SeattleGirl 2 in United States

2007-01-14 09:03:53 · 5 answers · asked by Anonymous in Other - Taxes

My 22 year old daughter and her 3 1/2 year old daughter and now 7 week old daughter have lived with me and my wife all this past year. She has not worked enough to file head of household for herself , so she wants to let us claim her and my two Grandaughters on our income tax since we supported all of them. Is this legal ?

2007-01-14 09:02:33 · 7 answers · asked by bigfred1954 4 in United States

2007-01-14 09:00:02 · 10 answers · asked by Sami%) 1 in United States

My dayghter is 19 and has 5 month old daughter but has only worked a few months last year, making about $1000.00 can she file

2007-01-14 08:49:47 · 5 answers · asked by Lisa P 1 in United States

I am a student with a work-study job and my parents claim me as a dependent on their tax form, will I be able to claim exemptionfrom having income tax withheld. Also do I have to file a 1040 (I am making under $8000/yr from this job)

2007-01-14 08:41:47 · 6 answers · asked by metalgod84 2 in United States

How can I obtain the lost information?

2007-01-14 08:33:57 · 2 answers · asked by Heather S 1 in United States

I just received my form from my landlord stating the amount of money I paid in rent in 2006, for doing my taxes. But the amount is VERY wrong, it's short by a thousand dollars. (I know this because I lived there for only October, November and December in 2006, so that math wasn't hard to do)...can I change the amount to be correct? Would that benefit me, in a refund sense?

2007-01-14 08:24:27 · 2 answers · asked by chaotic_mum 4 in United States

system is the nation using now? Progressive or Flat?!?

Forgot:(

2007-01-14 08:20:39 · 1 answers · asked by Anonymous in Other - Taxes

okay i dont want to end up hanging from some cage in an IRS office. I made some money last year, put i was almost paid in cash or personal checks. also more importantly i want to start trading on sharebuilder. how do i report all this and avoid getting in trouble? i only have 300 to my name right now, btw im 19

2007-01-14 08:05:00 · 10 answers · asked by Anonymous in United States

Is it a law that says you have to pay Fedreal Income tax?

2007-01-14 07:40:33 · 3 answers · asked by missmozee 3 in Other - Taxes

i have lived with my boyfriend for 1 year and 9months can he claim me on his taxes and get more money back?

2007-01-14 07:15:09 · 5 answers · asked by sandra k 1 in United States

I filed my taxes on the 12th. I can't wait to get that money...over $7300. IIt's bought us a house. I changed my husbands W4 so he was taxed at a really high rate this year to ensure a big refund. I know I know it's an interest free loan to the government but you gotta do what you gotta do to save money. We are not savers so we used Uncle Sam. Anyhoo...back to my original question...Is there a specific say that the IRS issues direct deposits? Also, is a tax refund that high going to set off some kind of alarm causing a further delay? Anyone have any answers?

2007-01-14 07:01:10 · 4 answers · asked by Anonymous in United States

final bankruptcy in2206.did not pay house taxes. i am beingsued for those back taxes.amont is 1,674.74 will the court take my income tax check?

2007-01-14 06:58:18 · 5 answers · asked by woll is me 1 in United States

irs says,I can only use portion of the tax from my sales tax,,,what portion of or,% of that amount used on line 23..

2007-01-14 06:54:25 · 1 answers · asked by Edith P 1 in United States

2007-01-14 06:46:56 · 6 answers · asked by davidalexander61938 1 in United States

2007-01-14 06:45:30 · 5 answers · asked by mandak 1 in United States

I know there is a limit, but I can't remember what it is.

2007-01-14 06:39:03 · 4 answers · asked by Anonymous in United States

I have a child that was born in Oct. Im head of household and they kept 1,900 in Fed from me. I live in NH. I only got back a little over 1,000. Other parents I know get like 3,00 for one kid. Is it because he was born in Oct? (i dont need no wise comments, i just want to know if theres a 6 month rule with children and taxes) Thanks!!!!

2007-01-14 06:33:59 · 7 answers · asked by BOOTS! 6 in United States

I worked last year as a personal assistant/organizer on weekends and days etc, but I was not an official employee to anyone. I was paid by personal and im pretty sure I made over $8,600. I am 18 and filing FAFSA things for school and am worried about taxes now. Does anyone know of anything that could help me, or atleast explain to me if I would get in trouble for not paying taxes on money I made? I was under the assumption that I could just fill out a form and write a check at the end of the year, but apparently thats not the case. I am kind of worried about it, anyone have any knowledge on the subject? Thanks a lot

2007-01-14 06:24:02 · 13 answers · asked by ldiablogt3000 1 in United States

I'm unable to pay all the balance on my property taxes.

2007-01-14 06:05:39 · 0 answers · asked by dummbunny@sbcglobal.net 1 in United States

Ok bare with me as i try to explain my situation :-)
Ok i have a mortgage processing business which is an LLC, I plan to have as a main company and also I have a virtual secretary business (which isn't registered as of yet) I wanted to know should I put the virtual secretary under the LLC or make it an LLC as well for tax purposes? The virtual secretary doesnt make much money, just the mortgage loan processing business. Should I have it under the Loan processing business or can i? Or do i have it as its own LLC? What would be the tax advantages and disadvantages of doing so? any answer to any part of my question is helpful. Thanks

2007-01-14 05:57:44 · 2 answers · asked by Anonymous in Other - Taxes