Taxes - February 2007

Im currently paying child support and the mother and child are on state assistance. Last year that state took all of my refund. Will this happen every year?

2007-02-06 01:49:08 · 4 answers · asked by sheila 2 in United States

I mistakenly transposed a digit on the withholding section and am afriad that this will delay my return. When does the IRS receive tax withholding records my my employers for 2006? Could this possibly be overlooked until later in the year so I can receive my return in time?

2007-02-06 01:45:01 · 8 answers · asked by brian j 1 in United States

My husband works for a company where they have an employee outreach program to help tragedy stricken employees. The employees have the option to have any amount deducted from their check. My husband doesn't think that this is a "true" deduction because it's within the company. But these "donations" helped the employees that were victims of katrina? What do you think?

2007-02-06 01:41:45 · 7 answers · asked by Anonymous in United States

I filled out a W-9 at work to have additional mone for taxes to be withheld. But the person who handles such things claims he has no idea how to handle it. And is refusing to withold the extra money. Can the company legally refuse to do that?

2007-02-06 01:35:37 · 6 answers · asked by Elaine H 1 in United States

I graduated college in May 06 and got married in June 06. My parents are claiming me as a dependent because they paid for my college. (and still paying)

Now I am doing my husbands and I's taxes and I don't know whether to file married filing jointly or married filing singly or even file singly. I myself have not worked, so he is fully supporting us financially.

If it makes a difference I have a student loan of about 11k that I am now paying.

2007-02-06 01:34:23 · 10 answers · asked by velnsweb 1 in Other - Taxes

The FMV is greater than the Bal. of oustanding principal by about 1500. I didn't think about this when I filed my taxes electronically last week. How do you think this will affect it?

2007-02-06 01:32:46 · 2 answers · asked by Rachel W 1 in United States

Mid December I took a job in which I home office (live and work) in KY. My employer is in PA. There was a mistake and my only 2006 paycheck from this co. covering one week of work withheld PA taxes instead of KY. Since I neither work nor live in PA I shouldn't pay PA taxes on this income but I should pay KY taxes. But somehow I need to get the money PA has in its pocket over to KY. How can I do this? (Employer says at this point they can fix 2007 retroactive to the beginning of the year but that one week of income that shows as PA can't be fixed.)

2007-02-06 01:18:58 · 3 answers · asked by Key 3 in United States

If someone's gross salary exceeds ten lakhs will he be still eligible for Rs 1 lakh deduction under 80 C ? If the person is eligible for 1 lakh dedeuction from gross, suppose his income falls below Rs 10 lakh will he be charged 10% surcharge on income tax and 2% cess ? Please give your valuable opinion.

2007-02-06 01:01:48 · 8 answers · asked by JOSE 1 in India

Note: I'm looking for "positive" statement that a direct rollover is allowed - i'm sure its allowed by the IRS - i just can't locate anything saying its allowed - in summary - does the IRS actually come out & say u can rollover 401k monies while you're at your current employer? Thanks in advance.

2007-02-06 01:01:35 · 5 answers · asked by lucky_lenny_1964 3 in United States

Since Bill Gates donated the fortune he got from computer buyers to a non profit program, shouldn't we be able to take the cost of the computer off our Federal Incometax as a donation?

2007-02-06 00:53:38 · 2 answers · asked by billy brite 6 in United States

2007-02-06 00:52:02 · 11 answers · asked by Anonymous in United States

I got married in April of 2006. My wife came from a state that did not have a state income tax. I live in a state that does. Once we got married, she moved to my state. My question is, does she have to pay state income tax from the day we got married to the end of the year, or does she have to pay for the whole year ?

2007-02-06 00:49:29 · 6 answers · asked by msufan1999 2 in United States

When I pay avon, I pay the tax, so will I need to do something more when I file taxes?

2007-02-05 23:47:26 · 4 answers · asked by tlk123@sbcglobal.net 1 in United States

I lost my job a few weeks ago but since have found a way to make £300- £400 on horse racing each week so obvously I wanna keep doing this I'm just worried now I'm going to get a big tax bill my friends say I'll be allright as betting in the UK is tax free. I'm also on jobs seekers but am signing of soon as I'm making more then enough
What do I need to do?
thanks

2007-02-05 23:11:07 · 13 answers · asked by Add 3 in United Kingdom

can anyway tell me what tax would have to be paid when encashing hedge funds off shore and bringing the money back on shore. It is for my Mom who is aged 70 and I have asked IFA's and the life company involved but no one can give me a straight answer. Will her age allowance be effected - she has gross income of £15k

2007-02-05 22:46:57 · 3 answers · asked by Anonymous in United Kingdom

2007-02-05 22:37:48 · 4 answers · asked by murugesh b 1 in India

I am on an international assignment and getting meals and incidentals per diem allowance set according to the US Federal Govt rates. However, I am not using the entire amount i.e., I am able to save some of it. Is this saved amount taxable?? Consider the following facts:
1. This is an accountable plan
2. Per diem amount is not reported on W2
3. When I checked pub 463, this example was given which means I don't need to report anything:"In April, Jeremy takes a 2-day
business trip to Denver. The federal rate for
Denver is $173 per day. As required by his
employer’s accountable plan, he accounts for
the time (dates), place, and business purpose of
the trip. His employer reimburses him $173 a
day ($346 total) for living expenses. Jeremy’s
living expenses in Denver are not more than
$173 a day. Jeremy’s employer does not include any of
the reimbursement on his Form W-2 and Jeremy
does not deduct the expenses on his return."

If I understood this wrongly, how does one report this? Tax form??

2007-02-05 22:06:19 · 4 answers · asked by Sai P 3 in United States

I would like to know things like how much notice do they have to give me for late or non-payment? Is there any financial help I can get from the government? I work in the UK.

2007-02-05 21:39:23 · 6 answers · asked by Tim 2 in United Kingdom

I tried filing using HR Block online program. I kept getting script errors when I sent the completed return. I gave up and filed with a site I got from the IRS website.successfully. A week later I randomly get an email from HRB saying it went through. So basically it went through twice. What's gonna happen to me now??

2007-02-05 21:37:18 · 4 answers · asked by JC 1 in United States

I dont have the booklet for the 1040ez tax return form nor do i have the envolope to mail it back. So does anyone know the address to mail the 1040ez form for 2006 Minnesota?

2007-02-05 21:07:40 · 2 answers · asked by Anonymous in United States

thank you tom4bucs also if you can tell me how i send back a response to you without going through the asking a question agai?

2007-02-05 20:48:11 · 2 answers · asked by marcyandtoin2004 1 in United States

anyone knows when is the next progress package?

2007-02-05 20:44:02 · 3 answers · asked by sharon 1 in Singapore

2007-02-05 19:32:42 · 2 answers · asked by gigi 1 in Other - Taxes

I am claiming my daughter as a dependant and she is a full time college student. When I filled my taxes I also claimed the EIC and the option of educational credits never came up. I am using an online program, so I was wondering if you are not able to claim both credits? Please let me know.

2007-02-05 19:24:07 · 2 answers · asked by bird120480 1 in United States

my boyfriend and i have lived together for the past year and a half........most of last year he didnt work.....can i claim him on my taxes as a dependant?

2007-02-05 19:07:08 · 4 answers · asked by dawntta m 2 in United States

what form do i use to file my 1099 earnings and w2 earnings together?

2007-02-05 18:38:33 · 3 answers · asked by everlenemc 2 in United States

2007-02-05 18:27:33 · 6 answers · asked by jasmin 1 in Other - Taxes

Our gross income was $15120.. federal amount withheld was $1175. Its is just me and my boyfriend, he worked last year, I didnt at all.. he is 21, I am 20.. we have a 5 month old daughter and we live in the state of Arizona.. any help u can provide would be greatly appreciated!!

2007-02-05 18:16:29 · 3 answers · asked by ? 4 in United States

Can they really hold my w2s . Is that legal

2007-02-05 18:04:00 · 9 answers · asked by paul w 1 in United States

My bank said the direct deposit will not be accepted, so whats gonna happen now?

2007-02-05 18:01:14 · 5 answers · asked by Cool_Cat 1 in United States