Taxes - February 2007

someone told me I can write off my rent on my taxes, is this true? what are some of the common write offs that people miss or don't know off that i can write, so I can get more money?

2007-02-26 06:48:53 · 6 answers · asked by Anonymous in United States

Hi. . . I work full-time, and go to school part-time. I want to claim the max for school deductions, but I have a child that is not mine that I can claim as well. How can I get the maximum back without getting audited? Is it safe to claim both school and a child? or should I just go with one or the other? If anyone has experience with this please let me know. Thanks.

2007-02-26 06:48:48 · 2 answers · asked by Jinkies 2 in United States

I live in California full time but do some part time work for a company based in Ohio. I never travel to Ohio, all the work is done via the Internet.

Am I responsible for State Income Tax in both states? Just California? Or just Ohio? I

2007-02-26 06:36:28 · 6 answers · asked by Matthew T 1 in United States

Hello,
I have a second job. It's a part time job. I'm NOT self employed, I have a contract for partime/overtime.
The issue is that this job is 100% made from my home, through the internet. Can I deduce some expenses as: internet cost, new PC purchased, % of my rent from my income tax?
Thanks

2007-02-26 06:35:39 · 2 answers · asked by ICanada 2 in Canada

I didn't even realize there was a limit, I've never gotten this much before. My AGI is only about $23K and I badly need the EIC; my refund has gone from $2500 (last year) to $200, even carrying my college daughter. I haven't actually filed yet, just got far enough with an efile to be hit with this terrible news. Should I go to a tax preparer or a CPA? And I don't have a 401k, if I started one now would that offset enough to get the EIC? Help!!

2007-02-26 06:09:17 · 4 answers · asked by wendyandwarm 1 in United Kingdom

received it by 2/20/07 so I called back and was told that it was sent out that day. I still haven't received my paycheck so I called back today and no one wants to give me any answers. What can I do to get my paycheck?

2007-02-26 06:05:39 · 2 answers · asked by kristinray27 1 in United States

2007-02-26 06:02:45 · 3 answers · asked by John H 1 in United States

My husband is about to file his taxes.. we got married last year and that is when i came to US. i don't have a SSN as of now. to include me in his returns... would i need a tax payer ID. and when, where and how to apply it.. how long does it take to come. would i get it b4 this year's tax filing date?

2007-02-26 05:38:58 · 6 answers · asked by Sapna A 2 in United States

I tried to do my taxes and the company where I filed said my kids have already been clamed. So I called the irs and they told me to file on paper. How do I do that??? What will be done to the person who filed my kids pleas help!!!!

2007-02-26 05:36:32 · 5 answers · asked by cilla1a 2 in United States

I am in the military and a TX resident (no state tax). My wife and I live in MD and she works and pays taxes there. We have several savings accounts that have a couple of thousand dollars in interest income for the year. They are joint accounts. How do we figure how much of that joint interest is subject to MD state tax?

2007-02-26 05:36:20 · 2 answers · asked by Mike F 1 in United States

I worked for 10 months in Germany, now back in the UK. Do I have to put a tax return into Germany, or can I just do it here?

2007-02-26 05:33:44 · 1 answers · asked by nice1bro 1 in United Kingdom

In california if I buy something for 99.99 how much would it be with tax?

2007-02-26 05:30:38 · 3 answers · asked by Joanna C 3 in United States

i had not idea that i couldnt do it like that , is there anything i can do to fix that , or do i have to wait till next year

2007-02-26 05:20:53 · 5 answers · asked by Nashira 2 in United States

I am supposed to get my income tax refund in a WorldFunds Xpress Card.

2007-02-26 05:15:11 · 1 answers · asked by threejnnings 1 in United States

2007-02-26 05:05:47 · 2 answers · asked by swinger_girl_kelley 2 in United States

2007-02-26 04:54:27 · 1 answers · asked by ddisla2003 1 in United States

Hello, someone told me some info im unsure if its true so maybe someone out in yahoo land will know and can tell me here goes.I'm 19 i own my own home and a small buisness and i'm filing taxes for my first time,my mother whos on ssi/disabled and my 16 yr old sis live with me can i claim my sis and or mother as a dependant on my taxes someone told me i can atleast claim my sis since i take care of her and no one receives child sapoort or aid for her i pay her doc bills and everything kinda like shes my child and i heard possably i can claim my disabled mom too.can anyone know the answer to my question?thanks everyone have great day

2007-02-26 04:50:08 · 5 answers · asked by wh1te_diamond06 1 in United States

2007-02-26 04:43:32 · 1 answers · asked by justin 1 in United States

2007-02-26 04:39:33 · 5 answers · asked by Lori W 1 in United States

PLease this is serious I need hoest answers only true help.
1.) True or false
Any unused capital losses may be carried over year after year until they are deducted by the tax payer

2007-02-26 04:23:46 · 7 answers · asked by WillsBroncoGal 3 in United States

i bought a hybrid car (toyota prius ) in 2005 and i did not take the tax credit for it on 2005 tax returns(did not know at the time).now i would like to file an amended form for 2005 but i keep getting different answers as to how and h&r block that did the 2005 return seems to know less than i do...i know someone out there knows what form besides the 1040x i have to use for this and is it a tax credit or an adjustment to my gross income...i think it is a credit ????thanks bill

2007-02-26 04:13:26 · 4 answers · asked by william c 1 in United States

2007-02-26 04:03:49 · 4 answers · asked by Sara S 1 in United States

we own a busniess and sent out 1099 forms ,now i need to know where to send the irs 1099 & 1096 fofms

2007-02-26 04:00:02 · 4 answers · asked by Anonymous in United States

I would like to get my w-2 form in order to do my taxes for that year since I had problems and was unable but want everything done correctly. My employer does not have it I was wondering how I can get it as soon as possible I have to do my 2003 taxes before I can go ahead and do the 2007.

2007-02-26 03:44:24 · 5 answers · asked by Anonymous in United States

Hi, in 2006 my boss gave me a 'achievement' bonus of $15000 off payroll. I am going to claim this on my taxes, but what is the best way to do it so that i pay the lowest amount of taxes possible?

I didnt recieve a 1099, so i was going to claim it under additional income.. not sure.. please help!!

2007-02-26 03:32:11 · 4 answers · asked by Drew W 2 in United States

hi
I have a part time job that lists me as an independent contractor. However, I'm still a dependent under my parents. They have already filed their taxes. I still need to do mine but have no clue where to start. Does anyone have any tips?? Thanks!

2007-02-26 03:26:56 · 7 answers · asked by Anonymous in Other - Taxes

I just need to know what it looks like and where i could find it. i know absolutely nothing about taxes, and i am doing them on my own this year for the first time. I need a little help.

2007-02-26 03:23:29 · 8 answers · asked by Dazana R 1 in United States

If one remarries owing back taxes, do those debts become the responsibility for the new spouse as well? And if one of the parties owing the back taxes dies, is that new spouse liable for that as well?

thanks tons

2007-02-26 03:04:42 · 3 answers · asked by mainemode 2 in United States

My 13yr old delivers papers once a week. She received a 1099-Misc. form and it shows her earnings in box 7 ($1094). This is her total earnings for the entire year and she has no unearned income. Does she have to file a return and a schedule C and pay SE tax since she is a dependant and her earned income is less than $5,150? She is a full time student and is hardly considered self-employed. Thanks in advance.

2007-02-26 03:03:29 · 4 answers · asked by Tara B 1 in United States

My accountant does my taxes every year. He charges me $350. Is that amount, the "tax prep fee", deductible on my return? I'm thinking about doing them myself for '07 with Turbo Tax...but if the cost of having him do them is deductible, then I'll just stick with the accountant. I don't want to ask him directly cuz I don't want him to know that I may not be using his services again.

2007-02-26 03:00:45 · 4 answers · asked by napqueen 6 in United States