Taxes - February 2007

2007-02-02 02:16:15 · 8 answers · asked by lady di 1 in India

I don't mean those in their 60's and 70's, but the very old. They've paid taxes all their lives and what money they have will be eaten up in medical bills and self care. Wouldn't it be better to let them use their money for their own living expenses than making them pay taxes to support schools and gov't programs?

I think that anyone who makes it to 90 should be exempt from all taxes. They are at a point in their life that any savings they have should be available to them for their own care. If they earn anything it's interest on savings. Why tax that?????

2007-02-02 02:13:37 · 5 answers · asked by momwithabat 6 in Other - Taxes

My job was about 2 hours away but since then I have found a job closer. I had rented the apartment for 11 months starting on August of 2005.

2007-02-02 02:09:28 · 5 answers · asked by Steve R 1 in United States

2007-02-02 02:02:52 · 5 answers · asked by jan j 1 in United States

Paid $5700 to town to build a house for imact fee.

2007-02-02 02:02:37 · 1 answers · asked by John L 1 in United States

and i dont mean those of you who use a taxpreparer... I do my own and love it..

2007-02-02 02:02:00 · 4 answers · asked by carrie h 2 in United States

2007-02-02 01:59:51 · 3 answers · asked by samm 1 in Other - Taxes

2007-02-02 01:59:05 · 4 answers · asked by clark869 2 in United States

I am suppose to get my return in 8-15 days, but there was a problem with the 1098 education credit and I should have gotton it. will I be sent an addtional check later? I wish the CPA from my last question reads this!

2007-02-02 01:58:54 · 3 answers · asked by noggle4 2 in United States

I'm expected to pay taxes on it. Can't someone else pay that? Am I wrong or wasn't Bush's new tax plan suppose to have all the middle class and poor pay the taxes and give guys like me a break?

2007-02-02 01:49:45 · 8 answers · asked by Buddy Love 2 in Other - Taxes

2007-02-02 01:46:30 · 5 answers · asked by productionguru2003 2 in United States

Usually my mother claims me and last year I ended up paying the IRS $400 that I did not have. I do not want that to happen again. I want to file on-line, and since I'm new I want to make sure I include everything so I get back what im entitled to if anything at all. I'm a full-time college student, live with one roomate, have my own car which I make the payments eachmonth, no kids, and I work part-time. I just need some ideas on the best way to go about filing and also a good site to file on. Free preferably but im willing to pay as well

2007-02-02 01:46:20 · 8 answers · asked by kraz_e_luv03 1 in United States

2007-02-02 01:43:24 · 3 answers · asked by R H 1 in United States

2007-02-02 01:35:52 · 1 answers · asked by NICHOLE 1 in United States

I am not the custodial parent, but my child support is current and a portion of it is factored in as daycare support (specified in the support calculation worksheet). Her attorney and accountant say because she pays for the daycare from her bank account, she can claim it every year as an expense, but the money is in her account because of my support payments. How can she claim daycare expenses for a dependent that I am allowed to claim this year (according to the agreement)? Any ideas?

2007-02-02 01:32:18 · 4 answers · asked by Jim M 1 in United States

That bidnezz is between me and them.

2007-02-02 01:31:32 · 7 answers · asked by Buddy Love 2 in Other - Taxes

I know when you reach the age of 70 1/2 in 2006, then you must make a required minimum distribution/withdrawal from the IRA by 4/1/07 and make an annual withdrawal after that. My questions are:

1) Can you calculate how much you need to withdraw for 2006 and 2007, and make one single withdrawal by 4/1/07 to satisfy the fact that you must make the first withdrawal for 2006 by this date, and a withdrawal for 2007?

2) If I purchase an annuity at a bank with my own money (non-employer related), do I need to follow this rule as well? What if I bought the annuity a few years ago and haven't reach the period for making withdrawals yet?

2007-02-02 01:29:48 · 7 answers · asked by nyc1977dan 1 in United States

2007-02-02 01:29:46 · 5 answers · asked by Spooky1 1 in United States

I started paying back my student loans last year. I am suposed to claim that on my taxes? If so, then how? I am supposed to get some kind of tax form from the student loan company before I claim? Sorry for the multi-part question. Thanks in advance.

2007-02-02 01:29:05 · 5 answers · asked by zumi 3 in United States

2007-02-02 01:24:31 · 7 answers · asked by Thomas H 1 in United States

I sent in the tax form with turbo tax and it rejected it because I had the amount wrong for last years adjusted gross income.

Me and my wife filed joint, so the adjusted gross income is only 1 amount.

I put that amount down for me and also for my wife, but it came back as I need to correct just hers.

So what do I put, 0 for her

2007-02-02 01:24:23 · 2 answers · asked by You may be right 7 in United States

This is actually for a friend. His fathers and his name's are the same (ones the 1st the others the 2nd), his father can file online and I think he does. Every time he tries to, though, through turbotax it seems to be go through but in a week or so they say they can't process his 1040 because he's already filed. He's called the IRS and all they say is send in the paper 1040's (and that works).

What the problem is sending in the papers is so much slower and electronic filing is so much easier. Is there a way he can fix this and FINALLY file his taxes online?

2007-02-02 01:16:22 · 4 answers · asked by aeseeke 3 in United States

2007-02-02 01:13:59 · 5 answers · asked by maxxxedout2001 1 in United States

in 2003 when me and my husband filed taxes my son which was born in november of 2002 didnt have a social security number assigned to him yet... we couldnt claim him so we need to file an amended return for this.. what do we need to do?? we went through jackson hewitt.. i was wondering do i need to let them do it or could i get the paper work and do it myself.. thanks

2007-02-02 01:13:54 · 7 answers · asked by jessica w 1 in Other - Taxes

I have not received a W-2 frm a former employer as of today 2/2/07 and I want to file my tax return. I thought it was a Federal law that i receive it no later then 1/31/2007. You should I contact?

2007-02-02 01:08:46 · 5 answers · asked by ? 1 in United States

It is a interest only loan

2007-02-02 01:03:06 · 2 answers · asked by Michael S 1 in United States

2007-02-02 00:59:31 · 2 answers · asked by Star 1 in United States

We filed a joint return but my income was 0. And then I got this W-2 in the mail. It's for me from the last week of 2005. I forgot about it. Do I need to file an amended form or can I just forget about it? If I file it they will owe me.

2007-02-02 00:57:32 · 7 answers · asked by freebird71999 2 in United States

2007-02-02 00:56:33 · 3 answers · asked by wildcats 1 in United States

2007-02-02 00:39:35 · 3 answers · asked by fluff 1 in United States