Taxes - February 2007

I was entered that we paid for our insurance out of our checks after taxes not before. I also entered that we had a child. I did not do this on purpose. How do I contact the IRS to correct this? I filed online through tax cut

2007-02-07 04:36:43 · 4 answers · asked by Anonymous in United States

I live in the U.S. and owned stock in a company in Denmark, which is not traded in the U.S. (traded in Copenhagen). I sold the stock and received a check. Since the stock is not traded here, I was told they are not required to report this to the IRS.

Do I still need to claim this on my taxes, and how do I claim it if I do?

2007-02-07 04:12:08 · 5 answers · asked by Mutt 7 in United States

2007-02-07 04:03:36 · 6 answers · asked by melissas69er 3 in United States

One of my W-2's is late. I contacted my previous boss and he says he sent it out and referred me to his accountant. I contacted the accountant and she mailed them on the 20th to him. It is now the 7th and I still haven't gotten them. When I was sending out W-2's for my office, I was told I would be penalized if they were not post-marked for the 31st of January. Why and what would these penalties be?

2007-02-07 04:01:41 · 2 answers · asked by barefootbabee 1 in United States

-are taxes too high? why?
-should there be taxes? why?
-are taxes helpful? how?

2007-02-07 04:00:46 · 4 answers · asked by Anonymous in Canada

2007-02-07 03:59:13 · 6 answers · asked by kssteely 1 in United States

seriously, i think taxes are a good thing and give you more voice in the government and more of a reason to stand up for your beliefs and make sure YOU'RE the government and not the other way around. More taxes mean more country income and bigger positive influence around the globe. Lowering taxes is only good when your goverment spends it on terrible sh*t like pretty lamp posts that cost WAY more money than normal efficient ones

2007-02-07 03:55:26 · 4 answers · asked by Mike D 3 in Other - Taxes

what is a 1099 form?

2007-02-07 03:43:44 · 5 answers · asked by Anonymous in United States

I live in New Jersey, but work in New York so I have to file two state returns. How is this done with Turbotax? Also, does anyone have experience with Turbotax and is it recommended?

2007-02-07 03:33:28 · 3 answers · asked by Carrie 2 in United States

I am getting ready to file my taxes. what all do i need to take to file them besides my w2 form? do i take invoices where i paid property tax and all? also i sold a house last year - what do i need to take to show this? will i owe alot of taxes since i sold the house? i am SO confused. help please

2007-02-07 03:28:26 · 3 answers · asked by Anonymous in United States

Ok so IRS took about 6000 from me I have no dependents if I file how much if any will I get back?

2007-02-07 03:25:06 · 4 answers · asked by ImOuThEreUdigg!! 3 in United States

2007-02-07 03:24:42 · 7 answers · asked by happyglo1 4 in United States

I got audited after I got last year's tax return. I owe the irs about $1700. I did an agreement/extension to pay in March. When I file my taxes for 2006, I am anticipating a refund. If I owe them, will they take it out of my refund automatically or can I request them to do so? Or, do I need to get the refund & pay as I had scheduled?

2007-02-07 03:22:40 · 5 answers · asked by samm 1 in United States

We were building an investment property but our financial situation changed. We were forced to break the contract and we lost our $10K deposit. Would this be deductible on our federal taxes? We have other capital gains from real estate that could offset the loss.

2007-02-07 03:18:11 · 2 answers · asked by Tex 2 in United States

2007-02-07 03:14:48 · 6 answers · asked by Anonymous in United States

I had my own online business in 2005 but stopped working on that business the same year. I had a few websites bring in a little cash in the beginning of 2006, only $257. I haven't received a W-2 for it yet. Anyway, i'm "married filing jointly" and was wondering if it is required for me to report this information, since it was such a little amount. I really want to file our tax return now because I have no idea when my W-2 (income = $257) will come in. Thanks!!

2007-02-07 03:02:48 · 7 answers · asked by Confused 1 in United States

I just got married in november, we are filing our taxes together. How much money do you usually get for filing jointly. We have no children, no child support. I work full time and he is a full time college student, a veteran taking advantage of his GI bill. so I just want a roundabout of how much money you get for filing married and jointly.

2007-02-07 02:54:11 · 6 answers · asked by Anonymous in United States

2007-02-07 02:51:00 · 3 answers · asked by jozimac 1 in United States

2007-02-07 02:40:40 · 3 answers · asked by m1ck3y1 1 in United States

You know like in the movie, the messngers? Where can i hear high pitch noises than only kids can hear? Like on websites?

2007-02-07 02:40:02 · 1 answers · asked by Anonymous in Other - Taxes

2007-02-07 02:32:21 · 4 answers · asked by lyplano 2 in United States

my wife has all the legality's changed: her social security card; legal name; etc. the only problem is she has not changed her name with her employer- and her w2's came back as her maiden name.... will this create a problem during tax filing? or should i not be panicking about it as much as i am?

2007-02-07 02:20:50 · 9 answers · asked by Alan W 1 in United States

2007-02-07 02:16:57 · 3 answers · asked by Anonymous in Canada

2007-02-07 02:14:28 · 5 answers · asked by Luis 1 in United States

My ex-wife and I have been separated for over two year. Before we seperated we had an agreement drawn up that stated that we would each claim one of the children on our taxes. However, she never signed the agreement. The children live with her about 70% of the time. I pay child support which amounts to more than she makes, so obviously I am providing more that half of their support. The information that I find is since they live with her more than 50% of the time, then I can't claim them no matter how much support I give.

2007-02-07 01:59:28 · 9 answers · asked by mcfly21 2 in United States

18- year old has no identification card at the moment.

2007-02-07 01:49:56 · 4 answers · asked by Anonymous in Other - Taxes

I'm trying to play it fair and save with uncle sam. I have a 15 month old daughter that usually goes to two older citizen that i know. One is a member of my church. And the other is just a friend of my grandparents. The problem both of them are from another country and neither of them have a social security number. I paid over a total of $4000 dollars in babysitting charges last year, but all of it was in cash and no record of payment. Is there a way i can get child credit or any sort of deductions for this expenses.

Please advise
Thanks

2007-02-07 01:47:28 · 6 answers · asked by progress 2 in United States

indian income tax law queries???in one financial year, upto what amount i can get tax free gifts from non-relatives?i have heard , these days the maximum limit has been raised to rs.50000/-.But is this the aggregate limit for me of taking tax free gifts in one financial year or is this the limit of taking tax free gifts from one person in one financial year.or say it simply that upto what limit one person can get tax free gifts in one financial year?
and the second question--- i have net income of rs.2 lakhs from a business of mine which runs on my individual capacity AND i have another income of rs. one lakh from a HUF of which i am a member.this income is also net income i.e. the tax due on both of these incomes has already been paid.NOW SHOULD I SHOW MY INCOME FROM HUF also in my income statement to the I.T. DEPPT.i.e. should i right that my total income is rs.3 lakhs,rs.two lakhs from individual business and rs. one lakh from HUF.OR IS THERE NO NEED TO CLUB BOTH OF THESE INCOMES AT ALL??

2007-02-07 01:41:57 · 3 answers · asked by sufiesidhi 1 in India

Basically I am looking for areas to retire in where I can buy land and build a nice home without being subject to exorbitant property taxes on my land and home every year for the rest of my life.

2007-02-07 01:35:53 · 1 answers · asked by browsebot 2 in United States

My refund is being held for review, along with many others. I'm trying to be proactive because I have a feeling that my refund will be delayed, especially if they go over it with a fine tooth comb. I claim my sister, we are 20 years apart, and her father owes the IRS like 30,000.

I don't have a birth certificate or a social security card for her. I'm in the process of trying to get both, they have always gave me such a hard time. The only thing that I do have is a vague court order that I have permanent custody as of August 2002. She was placed with me thru the state due to abuse and neglect. I claimed her as a foster child for 2000, 2001 and sister for the other years. Actually I ammended 2000 and 2001 because I did not realize that I could claim her. I recieved an EIC and interest for those years. I won the lottery in 2002, so I didn't get an EIC, but did for 03,04,05.

If they need more information, is it only for this year??

2007-02-07 01:29:53 · 4 answers · asked by Riannaa 2 in United States