Taxes - February 2007

I haven't made enough money to file. For the first time in a long time I did this year. I'm afraid of getting audited. Is there anything I need to do to keep that from happening?

2007-02-23 10:33:41 · 7 answers · asked by catwommn 2 in United States

I have never filed a tax return before and I dont know if I should be expecting $50 or $2000. I earn $1000 per week out of which 288 is taken out for taxes. I know it totally depends on my circumstances so I just want a very vague answer, just something that will give me some idea of what to expect.

2007-02-23 10:33:41 · 3 answers · asked by lucy m 2 in Canada

Ifiled taxes online and got denied because it said someone else had filed using my social security #. I called the irs and they said to go to an established tax place, file and send it in be snail mail. I did that and now the online place has accepted it and already deposited my refund. will i get in trouble for the other one when they recieve it? what should i do?

2007-02-23 10:19:05 · 6 answers · asked by kysatterfield 1 in United States

Theres a question on my tax return asking Are you claiming yourself as an exemption? Im not sure what this does if I claim it. Im not dependent on anyone so it says I can claim it but is this a bad thing to do or a good thing?

2007-02-23 10:17:40 · 8 answers · asked by Alia H 1 in United States

due to change in circumstances i am no longer a home owner nor do i have a good credit score. however i now have a high regular income, but debt that i need to resolve and have been refused loans from my bank. i do not want to contact the many dubious money lending companies. ironically i have a large sum in my sipps pension but are years off 50. it was used against a mortgage can it be used to guarantee a loan? need help or any suggestions.

2007-02-23 09:41:22 · 1 answers · asked by Anonymous in United Kingdom

In 2006 I made AGI over 95k but less than 115k thanks to an end of the year bonus. However I funded my Roth IRA at the full 4k amount earlier int he year. How do I resolve this?

2007-02-23 09:31:29 · 4 answers · asked by darkrevni 1 in United States

without the social security card to claim someone without that person knowing it or ever finding out. they claim them last year so there number should be on there last claim is this possible or do they have to ask permission and card?

2007-02-23 09:23:43 · 8 answers · asked by myangel228 3 in United States

If I am awarded money, I am not sure if I have to give the government half of it or not.
Any help would be greatly appreciated!

2007-02-23 09:18:40 · 2 answers · asked by Anonymous in United States

I have a p o box ..but check went to physical address if the check was returned to state IRS how long will it take to get the check back. what is it that I need to do once I have updated the information with them..How long does it take once allof this is done?

2007-02-23 09:03:22 · 2 answers · asked by youngcheryl2000 1 in United States

2007-02-23 09:00:57 · 7 answers · asked by gelcsics 2 in United States

I live with my mother, but I earn my own money and support my son. In order to claim head of household, do I need to own the house or rent the house or pay utilities on the house? Or do I not understand head of household completely?

2007-02-23 08:58:14 · 3 answers · asked by Rachaelatwork 1 in United States

or if you're no can you explain why as i haven't yet myself and i cant quite work out why

2007-02-23 08:55:05 · 5 answers · asked by itaylior 3 in United Kingdom

what happens if i move all my money to a european or canadian bank??? im going to get a large inheritence soon,i dont want to pay any cap gains or any other kind of taxes period.its not there money.i was thinking just open a german bank account.can the irs go after your funds in a foreign account?

2007-02-23 08:55:01 · 2 answers · asked by kevin m 1 in United States

2007-02-23 08:47:15 · 6 answers · asked by michael k 1 in United Kingdom

We moved our apartment within 25 miles of where we stayed and this was in December 2006. We did this primarily for being near to my wife's office.
Can I claim any tax benefits on this?

2007-02-23 08:41:32 · 5 answers · asked by akki 1 in United States

I recently filed my tax returns and received my refund checks. Then, about a week later I received another W-2 from a job I forgot I worked for about the first week of 2006. My gross pay was only about $170. I have been told that I have to file an ammended return? Can I cash the refund checks before I do that? Do I have to send them back?

2007-02-23 08:30:25 · 6 answers · asked by Caeli 3 in United States

2007-02-23 08:28:47 · 9 answers · asked by Anonymous in United States

I need to know if a person is living with 2 children and their parent, but is not related to any or married to the parent, and he is the only income, can he claim the 2 children and the parent on his income tax as being his dependents?

2007-02-23 08:23:40 · 5 answers · asked by gothmomma_2 1 in United States

UK mean income tax is lower than most European countries
UK VAT is lower than most European countries
UK Corporation Tax is lower than France, Germany Japan and the USA.

2007-02-23 08:15:24 · 8 answers · asked by Anonymous in United Kingdom

I was expecting a direct deposit today (Friday) and it's 4pm and I don't have it yet?? Can anyone help me?

2007-02-23 08:11:04 · 7 answers · asked by juana j 1 in United States

I bought tickets in late Dec 2006 for a business trip in early 2007. Are the tickets a deduction for 2006 when I paid for them, or in 2007 when the actual business travel took place.

2007-02-23 07:55:46 · 7 answers · asked by Anonymous in Other - Taxes

2007-02-23 07:47:41 · 3 answers · asked by barbara h 1 in United States

short term capital gain 4466.33
highest federal and state (wisconsin) tax bracket
giving full amount to charity
I am subject to AMT

2007-02-23 07:28:31 · 2 answers · asked by taxesarrrrgh 1 in United States

Granted, said family members do not live with me. If such money couldn't be claimed as a deduction for supporting family, can it be claimed as a deduction for charity?

2007-02-23 07:10:28 · 9 answers · asked by Wee Bit Naughty 3 in United States

I need my taxes done for a mortgage closing in one week. Is there a big difference in return this way?
Prior question:
How do I complete our taxes if my husband does not have a social yet?
He has gone to the ss office and applied for it but it takes 30-45 days and I need to get my taxes done asap. I have a letter stating that he has applied.

2007-02-23 07:08:58 · 3 answers · asked by Anonymous in United States

What do you think is the best way to go? Should I go to H&R Block etc. or should I pay about $40 per year ('03-'05) for tax software?

Also, my wife (whom I will be filing for) was claimed as a dependent in all of those years and she held a part-time job. Should that affect my decision?

2007-02-23 07:07:30 · 6 answers · asked by ResponseMan 1 in United States

2007-02-23 07:05:29 · 4 answers · asked by smallwood.richard 1 in United States

My boyfriend and I just bought a home a few months ago. We are not married. Do we each file our house separately? Or does only 1 of us?

2007-02-23 06:53:05 · 3 answers · asked by Student12345 2 in United States

He has gone to the ss office and applied for it but it takes 30-45 days and I need to get my taxes done asap. I have a letter stating that he has applied.

2007-02-23 06:50:28 · 4 answers · asked by Anonymous in United States

Hello. Where can I get an estimate (ballpark) of how much I might get charged for tax preparation at H&R Block and Jackson-Hewitt? I live in the Chicagoland area and own 2 properties (TX and IL). I have some donations and moving expenses from TX to IL. Married w/1 child under 18. During 2006, I had income in both TX and IL. Thanks!

2007-02-23 06:11:30 · 7 answers · asked by zaxxon 3 in United States