Taxes - February 2007

I was a resident in maryland, recieved a promotion and got my first house in PA, I still work in Maryland with the same employment, when I started to do my state taxes with Turbo tax it stated that I owed quite a lot of money to Maryland. I reasoned that Turbo Tax assumed my income on my W2 was Maryland taxable. Am I correct in assuming I should use my last pay stub before I moved as my yearly income for filing with Maryland, and subtract that amount from my W2 income and use that solution for PA?

2007-02-27 07:15:25 · 1 answers · asked by S A 1 in United States

Because of high IRS payments of current and past taxes, I cannot pay a subcontractor for work done.

2007-02-27 07:08:56 · 7 answers · asked by Deborah G 1 in United States

I paid PA state tax when I was working in PA. Do I need to file both NY and PA state tax returns?

2007-02-27 07:07:11 · 4 answers · asked by jang40515 2 in United States

I just found out that I owe the IRS $700 this year due to an incorrect exemption number. Thing is, I don't make very much money at all, so paying $700 at once is nearly impossible for me.

My question is, is there any way for me to pay the IRS what I owe, but do it in monthly payments as opposed to all at once?

Any help would be greatly appreciated.

2007-02-27 07:02:33 · 6 answers · asked by bomarrcus 1 in Other - Taxes

I teach yoga from time to time. I received Forms 1099-MISC and last year earned a total of $4400 in 3 different states. Because it is non-employee compensation do I have to file as a business? I do not have any inventory or expenses for this service and do not do it all of the time. Can I just claim it as Other Income and avoid all that business stuff?

2007-02-27 07:00:13 · 4 answers · asked by Ann54 1 in United States

2007-02-27 06:58:15 · 2 answers · asked by Dale D 1 in United States

2007-02-27 06:55:05 · 5 answers · asked by Texas T 1 in United Kingdom

I worked at a company for 3 months and I've moved since I last worked there. I called them and gave them my updated address and I still haven't received my W2. I don't have the last pay stub. Should I go ahead and file without it?

2007-02-27 06:46:32 · 4 answers · asked by Amber20 2 in United States

I am in the highest tax bracket and 57 years old

2007-02-27 06:37:38 · 2 answers · asked by Shawn_k 1 in United States

2007-02-27 06:36:21 · 1 answers · asked by Richard S 1 in Other - Taxes

Hi,
I am a resident of California since Dec 2005. I have recieved some back salary payment from my old company in Missouri in 2006. i.e They paid off my dues in 2006. I have two W2s with payments from CA (present employer at California) and the other from Mo (old employer at Missouri). Since California taxes income from all states, will I have to pay income tax twice on the amount earned in missouri. How can I claim a refund for the taxes paid to missouri since I have to pay a tax to California on the amount earned in missouri.
There doesnt seem to be any provision on the Missouri non resident tax form to claim this.
Thank you.

2007-02-27 06:35:15 · 1 answers · asked by Anonymous in United States

Strange... I did my taxes online, Turbo Tax... did NOT apply for RAL at any time, meanwhile received my refund but it was for exactly $2400 less than anticipated and not deposited by the IRS but by RAL.... ?

Any idea's?

2007-02-27 06:27:40 · 2 answers · asked by Tinker925 2 in United States

I have tried quiet a few tax lowering services but the taxes have crept up every year. Any suggestions how to lower them??

2007-02-27 06:21:53 · 3 answers · asked by nnv7860 2 in Other - Taxes

Not sure to file married or single??? I worked part time last year and my husband gets paid cash, therefore he gets a 1099. Weve only been married a year. This is our first time filing. Just not sure what is best to do. We want to do Turbo Tax...any info on that also would help.

2007-02-27 06:17:13 · 4 answers · asked by bmariev24 1 in United States

2007-02-27 06:17:11 · 6 answers · asked by Anonymous in United States

2007-02-27 06:14:55 · 3 answers · asked by basilgreek 2 in United States

i have two dependant'and the unemployment sent me my w2 form

2007-02-27 06:09:06 · 3 answers · asked by Anonymous in United States

I am married filing seperately, but last year i had to file a regular 1040 form because i had 401k contributions. Can i file a 1040 ez this year or what form do i have to file. Agian i am filing married but filing seperately!! i only have one w2 form this year and i dont have children. i just dont want to pay alot of money filing when i am not going to get much back and i want to know how and what i should do!!

2007-02-27 06:07:18 · 6 answers · asked by wifey05jc 2 in United States

what is the lowest imcome amount has to be claimed as income?

2007-02-27 06:05:38 · 5 answers · asked by reddiasy 1 in United States

2007-02-27 06:00:51 · 10 answers · asked by woolly bully 2 in United Kingdom

I think I am going to get hired by an employer that doesn't make deductions to my paycheck.... I have no idea how much to save for taxes, etc.

2007-02-27 05:59:23 · 5 answers · asked by anangela 1 in United States

I am trying to E-file using TaxSlayer.com, I would not recommend this site btw. Not very user friendly compared to other e-file sites I have used in the past.

It's not allowing me to enter more than one property for rent paid.

I rented from one place from Jan 1, 2006- like August. 7 month's at any rate.
I rented from the second place July 1, 2006-Dec. 31, 2006. 6 month's.

They overlap because I didn't give my first place a full 60 days notice to vacate so they charged me the next month's rent :(.

I never got a Certificate of Rent Paid from my first place which I had assumed to be an oversight.

I should be able to file renter's credit from both places though right?

2007-02-27 05:48:38 · 1 answers · asked by Justaguyinaplace 4 in United States

2007-02-27 05:40:30 · 7 answers · asked by Debbie S 3 in Other - Taxes

It was VERY small, but about the same as my normal tax return. Does that mean I will either break even or owe this year if everything else is the same?

I plan on getting my taxes done this week, but just wondering what I should expect.

2007-02-27 05:29:30 · 6 answers · asked by Tonya in TX - Duck 6 in United States

Educational Tax Credits not worth claiming?
I go to a community college where the tuiton is fairly cheap ( as most are, since it's not a university). For the past two semesters, my tuition has totaled to about 400 dollars or less. Is it really worth it to have my parents claim the education credit on their taxes to save money? Will they really save any money off of it? Their combined income is over 100 grand . Also if someone can verify this that would be helpful. I also read or heard somewhere that if you don't pay that much, you really don't qualify for it and it's not worth it to claim.


PS- I know i posted this before but I felt it necessary to repost. To those who gave their answers before, thank you very much!

2007-02-27 05:14:42 · 2 answers · asked by Anonymous in United States

How do I write off trips I took?

2007-02-27 05:01:32 · 2 answers · asked by toobrown 1 in United States

where does he/she put amount paid to employees and reported to IRS on Forms 1099-Misc. ?

Should it be reported as "wages"?? Just curious...
Thanks!

2007-02-27 05:01:29 · 1 answers · asked by Weetie 3 in United States

I received 14 shares of stock as a dividend, when I already owned shares from the same company. If I sell 14 shares years later, is the cost basis $0 because I didn't pay for them and they were given to me?

2007-02-27 04:49:16 · 5 answers · asked by Dan 3 in United States

2007-02-27 04:45:38 · 1 answers · asked by shell 1 in United States

2007-02-27 04:34:28 · 3 answers · asked by amina2276 1 in United States