Taxes - February 2007

I've heard 100 different stories about why they are taking so long.... New deductions, EIC claims, and even the IRS being over worked! I think that they should have had this figured out before Jan.12! What do they do for the rest of the year anyway? I need some ease because I've had it with them! HELP!

2007-02-07 01:29:47 · 5 answers · asked by LC 2 in United States

2007-02-07 01:16:14 · 5 answers · asked by ME! Who'd ya think? 2 in Other - Taxes

2007-02-07 01:08:20 · 8 answers · asked by Anonymous in United States

I am a Chinese and I work for a US company. I was eligible for a stock option plan this year. When I sell the stock and get benefit. Shouls I pay tax? and how much is the tax rate?

2007-02-07 01:07:28 · 3 answers · asked by Anonymous in United States

I just had a baby this year and I didn't work very much so i only put about $200 dollars into taxes, but I thought that when you clam a child that you get at least a $1000 back not $200.

2007-02-07 01:05:23 · 6 answers · asked by Hey Guy 1 in United States

2007-02-07 00:47:39 · 5 answers · asked by Michael M 1 in United Kingdom

2007-02-07 00:38:41 · 5 answers · asked by NEICIE 1 in United States

Any one have idea about this question?

2007-02-07 00:28:23 · 3 answers · asked by presentraj 1 in Other - Taxes

2007-02-06 23:50:45 · 11 answers · asked by Mark S 1 in Other - Taxes

2007-02-06 23:37:01 · 6 answers · asked by escargo 1 in United States

had message on irs.gov stateing direct deposited on 1/26. then message changes to refund delayed. code 1121. did claim eic. now told will be 2 to 4 weeks from 1/26. how long until they have to tell me something concrete? (isn't it MY money?) has anyone received refund, (not through an RAL or an RAC) when e-filed? my e-file accepted on 1/15. has anyone had the irs.gov website info updated after recieving a code 1121?

2007-02-06 23:34:37 · 10 answers · asked by stillwaiting 1 in United States

we have company cars at the minute which we pay tax on. The company now wants to put their logo on the side. Will our tax payments change?

2007-02-06 23:28:23 · 6 answers · asked by Anonymous in United Kingdom

what are some common tax deductions that most people dont know about ?

2007-02-06 23:06:35 · 2 answers · asked by smooches986 4 in United States

2007-02-06 21:49:53 · 5 answers · asked by deonne626 1 in United States

I am retired and still work part time. I am self employed and do residential cleaning. I only make approximately $5,000. a year. Do I still have to pay S E tax? ( my retirement s.s. is only $9,800.)

2007-02-06 21:39:09 · 3 answers · asked by William B 1 in United States

I'm going to be buying some stuff from Canada and it's probably going to go through Customs and they're going to charge me more on top of what I'm probably going to be paying so is there a way to avoid all this stress and hassle?!?

2007-02-06 21:35:18 · 6 answers · asked by Kalishnikov 2 in United Kingdom

How long does it take for me to get the state taxes? i already know how much it is. But i did it thru H&R Block.. Does it take months? like 6 months?

2007-02-06 20:34:37 · 4 answers · asked by natalie_rivera03 2 in United States

2007-02-06 20:07:00 · 3 answers · asked by Gabriel 1 in United States

Me, I had to spend it mostly on furniture and electronics. (Amongst other things!)

2007-02-06 19:49:53 · 7 answers · asked by Anonymous in United States

What's the best company??

2007-02-06 19:17:01 · 7 answers · asked by Direktor 5 in United States

2007-02-06 19:16:16 · 3 answers · asked by Direktor 5 in United States

2007-02-06 19:07:34 · 2 answers · asked by dbbbartley 1 in United States

this year it says I owe 1300 in state taxes, the last 5 yrs I have received a return 200 to 250 or so. my w2's from work have been the same for 10 yrs, I did my taxes with turbo tax, I didn't think I made a mistake, does It sound like maybe I did?

2007-02-06 18:57:58 · 3 answers · asked by Anonymous in United States

2007-02-06 18:47:26 · 1 answers · asked by raja 2 in India

We bought a house in June of last year. As a result of buying this house, we had to purchase a refrigerator, washer and dryer as well as a few other minor things like light bulbs. We also had to have repairs done to the plumbing to make it liveable. Are any of these expenses deductible on our federal tax return? I know we can deduct mortgage interest and property taxes, I'm just wondering about the other stuff since they were necessary expenses.

2007-02-06 18:46:27 · 4 answers · asked by nismax95 2 in United States

My husband and I were expecting a certain amount and we got almost a $1000 less than we were supposed to.
We have not received any letters stating that any government agency was owed money by us. I was overpaid last year for my Montgomery GI Bill, but I received a letter and knew that it was going to be deducted. This year, we had no such problem but a large amount has been deducted.
I called our bank, they said they just deposit what they get. I called the IRS and he said that the correct amount was sent out to our bank. So who the hell will know what happened to this missing money? We filed by Turbotax like we always do and everything was always smooth. What's going on this year?
My husband did the "Where's my refund" thing that is on the IRS website and it mentioned something about Tax Topic 203-Failure to Pay Child Support, Federal Non Tax and State Income Tax Obligations...
The IRS person on the phone did not mention this, and my husband does not have any other children....

2007-02-06 18:31:48 · 7 answers · asked by kiki 4 in United States

I would want to deposit about 2.5K. But my question is, can I deduct those 2.5K from my income thus incurring in less tax (i.e. before-tax savings)? I was told that since my company has a 401K plan my only option was a ROTH IRA (after-tax savings) whether or not I took advantage of the 401K program that year. I live in the state of Washington and I plan on using the 401K starting this year (I would then have to open a ROTH IRA anyway)

Also, if you could point me to any resources that could help me file my taxes on my own that would be lovely (It's my first time and I know I'll need to itemize since I have a mortgage and I have bough some stock as well).

Thanks!

2007-02-06 18:09:10 · 4 answers · asked by Maria F 3 in United States

2007-02-06 18:04:26 · 8 answers · asked by Anonymous in United States

2007-02-06 17:41:57 · 5 answers · asked by BHAWAN S 1 in India

2007-02-06 17:35:33 · 4 answers · asked by EVELYN A 3 in United States