Taxes - February 2007

Here's the deal:
My fiance and I are currently living with his mother, along with our two kids. His mother went behind his back and claimed him on her taxes, and now he is getting conflicting directions as to how to proceed.

We were told that he can go ahead with filinf, but he can no longer claim himself. Problem is, when he started his job, he put himself down, as claiming himself. Has his mother created a $hitstorm or what?

Can someone that has some tax knowledge please tell me what to do so we can get these taxes done?!

2007-02-10 11:11:35 · 5 answers · asked by Miss DP 1 in United States

I lost some of my bank's tax forms which were sent to me. What is the best way(s) to go about replacing these?

2007-02-10 11:07:31 · 3 answers · asked by justellemJimsaidhello 1 in United States

Does anybody know if you can add charitable work as a credit on their federal return -- I created a website and currently maintain it for a 501c3 registered charity as a donation as opposed to charging for my work. How do I report my donated hours as a credit?

2007-02-10 10:56:26 · 3 answers · asked by Anonymous in United States

I don't understand why you get in trouble in the 1st place. Isn't it the persons loss if they don't file and get there money back? I don't think it should be against the law.

2007-02-10 10:53:19 · 10 answers · asked by Anonymous in United States

I had a dispursement from from the retirement plan at the company I used to work for. I had taxes taken out in the payment to me. I am single with nothing special about my taxes other than this. Adding this has caused me OWE taxes. How can that be when I was sure to have that taken out of the payment?

2007-02-10 10:51:49 · 6 answers · asked by BellyRubz 3 in United States

for taxes

2007-02-10 10:41:59 · 5 answers · asked by Mary B 1 in United States

Or can I refuse to take it during a year that I had no income? I don't want to use it when I don't need it, and would prefer to save it for a year that I had income.

2007-02-10 10:35:57 · 2 answers · asked by Doctor Biobrain 3 in United States

Box 14 has no description, but I am told that it is pre-taxed payment to my Aflac insurance policy? What am I supposed to do with that? Anything or just leave it alone? I'm fillinf out my 1040.

2007-02-10 10:35:51 · 2 answers · asked by wabcbrian 1 in United States

Should they be separate or together, We bought a house together in August of 2006

2007-02-10 10:21:46 · 6 answers · asked by oreogirl 2 in United States

I'm filling out on my tax return.

2007-02-10 10:17:14 · 5 answers · asked by Anonymous in United States

My husband self published a book just for fun. It is sold on-line and he receives a tiny royalty everytime a book is sold. At the end of the year the company that published the book sent him a 1099-MISC form with the royalties amount listed (which is under $100). This was a one time event so I wouldn't call him self-employed as an author. He is a full-time employee elsewhere so we usually file form 1040A. Where do I plug in this information on our tax return? Can I file 1040A? Do I need special forms? Please Help!

2007-02-10 10:13:47 · 5 answers · asked by RM986 1 in United States

Can losses be claimed against other income? We treat short term gains at our tax rate.......can short term losses be treated similarly. Do we have to be licensed to prove our profesion if we can?

2007-02-10 10:04:19 · 4 answers · asked by RTC 1 in United States

I talked to corporate and they told me they sent them out but it's already FEB. 10th. Now lets say I don't get it, what happens? I Don't get in trouble for there faults for me not filing right?

2007-02-10 10:01:57 · 8 answers · asked by Anonymous in United States

2007-02-10 10:01:41 · 5 answers · asked by seyed mohammad saeed j 1 in United States

Here's my situation:
3/24/2005 bought 29 shares of a stock
6/8/2005 stock splits 3:1, so I gain another 58 shares
9/15/2005 bought 43 more shares
6/21/2006 sold 58 shares, so I still have 72 shares

I'm trying to enter the tax info for the stock sale that occurred on 6/21/06, but I'm not sure how to do this under these circumstances. Any help would be greatly appreciated.

2007-02-10 09:51:01 · 4 answers · asked by Cardinal Rule 3 in United States

2007-02-10 09:39:22 · 5 answers · asked by juicy 1 in United States

I need to know if there are any deductions for legal fees for a widow. I also had a car that the estate should have signed over to me because I paid fees and bills for the estate and also they owed me money for my late husband's income. The estate was insolvent. I was only married for 4 months to my husband. We had lived together for 1 and 1/2 years. He did not put my name on the accounts or update his will. Therefore his 21 year old son got the house and all of the assets. Therefore my attorney says that I get everything on my personal set aside list, including the car. I do not get the house. I gave the house to my stepson(in Texas the widow can live in the house as long as she wants.) I am fighting legally to receive the list. Are any of the legal fees tax deductible?

2007-02-10 09:36:44 · 2 answers · asked by Patti 1 in United States

WHY ISN'T THE SITE AVAILABLE FOR ON LINE USERS?? WHEN I CALL THE 800 NUMBER I AM TOLD TO FIND THE INFORMATION ON LINE,W HAT GIVES WITH THIS CRAP?

2007-02-10 09:33:40 · 1 answers · asked by Kyle P 1 in United States

I'm in Tampa, FL by the way.

2007-02-10 09:33:35 · 8 answers · asked by Anonymous in United States

tree limbs have already fell on porch during ice storm, but damage was taken care of by insurance. had to have all limbs cut off to make sure it didn't happen again. it cost $2500, because they each had to be roped off and pulled away from house.
Can we deduct the cost on our tax return somehow?

2007-02-10 09:21:07 · 4 answers · asked by slbb 1 in United States

I am doing me and my Husbands taxes for last year, we purchased a property last year in my Father's name however, my husband paid for the Mortgage and taxes on the property. My Father does not pay taxes on his primary residence (retired and disabled) but since this was a second property for him we had to pay taxes on it.

He does not file taxes and since we paid for everything I wanted to know if we could use the property tax statement and the 1098 from the Mortgage company on our return. The property however, was always in his name even though he did not pay a cent, we made all payments.

One more thing, The property was held for less than 2 years and we received 10.000 after paying off the mortgage (this is a gain) however, we put 40.000 in to the property when purchased, would this be considered a loss and could it be claimed also? Just one thing to keep in mind, My father will not file taxes at all this year.

HOw can we solve this?

2007-02-10 09:03:51 · 5 answers · asked by Mick R 2 in United States

2007-02-10 08:21:25 · 4 answers · asked by sexy 1 in United States

I realized after dropping my 1040 in the mail that I could have claimed another deduction. I efiled another return, which I now realize was a mistake. My efiled return has been accepted, but I'm wondering if they'll reject it when they get my paper return processed... or what will happen? Will they accept the paper return, the efiled return, or neither?? What should I do??

2007-02-10 08:18:16 · 3 answers · asked by Anthony T 3 in United States

I am 21 years old. My parents are divorced and are both filing taxes separate. My dad doesnt pay anything for me while my mom pays my tuiton but my mother never claims me only my dad.

I work paid 6 month internships and am wondering if i will get more money back filing on my own or still let my dad claim me?

2007-02-10 08:09:59 · 5 answers · asked by tronncarter 1 in United States

I have a child under the age of 18 that lives with me 6 months out of the year. Beginning this year, her father and I are to alternate claiming her on our tax return. Just wondered if I as still eligible for the EIC when he claims her as a dependent.

2007-02-10 08:06:29 · 6 answers · asked by Terry C 1 in Other - Taxes

I left my job (manager of a small bussiness) on bad terms because my employer with held vital information from me when they hired me. When I found out and confronted them, I got a bad reaction. I was so upset that I walked out. I haven't spoken to them since December, and I do not ever wish to speak with them again. Now it's Feb. 10th, and I still haven't gotten my W-2 from them. I am afraid they might be holding it out of spite. Who should I contact and what can I do? HELP!

2007-02-10 08:04:49 · 3 answers · asked by Meg M 1 in United States

Hi:

I have some funds in a roll over IRA account. Which has IRA since 1998. I am 37+ years old. To avoid confusion at a later date I want to convert all my IRAs to ROTH IRAs. How do I go about it.

Thanks,
Gary

2007-02-10 07:42:27 · 4 answers · asked by Gary 1 in United States

tax time makes me so stressfull,where can i get free information before i file??

2007-02-10 07:39:11 · 4 answers · asked by jeocean1@verizon.net 1 in Other - Taxes

I have a friend who went to have his taxes done and apparently forged his wifes signature. When the wife found out she went to where he had his taxes done and received half of the money. Now she is threatening to call the IRS and report him for having forged her signature. With her receiving half of the money, does she still have a case?

2007-02-10 07:38:34 · 4 answers · asked by ashrenfri 1 in Other - Taxes

It now say's that i have made a mistake in my information.

2007-02-10 07:35:14 · 2 answers · asked by Anonymous in United States