Taxes - February 2007

2007-02-09 03:51:32 · 3 answers · asked by bronz1369 1 in United States

I live with my parents and we both split the mortgage and taxes. Can I claim on my taxes the mortgage interest and taxes that I paid in 2006? The home is under my fathers name and there is absolutley no way he could make the payments himself( we live in california).
Thank you for your help

2007-02-09 03:45:51 · 5 answers · asked by rudolph_barton 2 in United States

I was supposed to have my federal refund direct deposited today. Feb 9th. However when I woke up this morning my bank does not show record of this. The irs site still shows it as supped to be deposited today. And theHSBC Bank HR block uses to send the money to my account shows my status as" Pending The bank has not received the Federal Refund from the IRS yet. If more than 14 days have passed since you filed your tax return, call the IRS at 1-800-829-1040 to inquire on the status of your refund. " Why would the irs say they were gona deposit it today and then not do it?The only thing I can think is that I didnt send a form 8453 last year even though I was supposed to. Would that delay this years refund?Any help s greatly appreciated.

2007-02-09 03:38:33 · 16 answers · asked by skibumm82@sbcglobal.net 1 in United States

I lost my daughter social security card but I know her social secuity number, can i still file my taxes without the card and just the number? thanks

2007-02-09 03:19:24 · 10 answers · asked by Anonymous in United States

...to my 2007 taxes. I was not sure what to put so I put no and I have a refund. When I put yes, I will not get a refund. What gives? Are you supposed to apply an overpayment to the next year's tax return? This is for the state, not the IRS.

2007-02-09 03:13:53 · 5 answers · asked by Anonymous in United States

How do I deduct education expenses on my schedule C tax form? I wanted to use this as an expense from my business, not on my personnel income tax on Schedule A.

Stuff

2007-02-09 02:56:15 · 0 answers · asked by Stuff 1 in United States

I am wondering how much tax will be taken from my severence pay.. Can anyone help me out?? I was told that the gvmt taxes the severence pay higher than a regular paycheck..??

2007-02-09 02:51:31 · 3 answers · asked by Holly L 1 in United States

I have used Rs.1.0 lakh leaving a balance of Rs.50,000 available for benefiting, for the house I purchased at Chenni and let out. I work at Bangalore and pay a rent of Rs. 7500 p.m.

2007-02-09 02:45:32 · 2 answers · asked by HARINATHAN K 1 in India

We married in december 2005 but didn't get our marriage license. We didn't file income tax jointly and we put single on our w-4s. Were we able to do that? Do we have to put married on our w-4s and file income tax jointly? We don't still have our marriage license but plan on getting it.

2007-02-09 02:35:49 · 3 answers · asked by scarlettqueen 1 in United States

I was suppose to recieve my refund today. I belong to bank north, who was suppose to recieve it today and has recieved it and belongs to banknorth.....

2007-02-09 02:27:42 · 8 answers · asked by Anonymous in United States

Essentially I did a little computer repiar work for a small company and they paid me 650 that year it was non-employee compensation (box 7). I put it in turbotax and it states the IRS will take this as self employment. In that case I put in the SF of my home office and my mortgage expenses as well as my utility bills. I didn't go crazy with it but it seems a little weird to lose -2,300 over 650. I have recipts and proof to back it. It lowered my Adusted gross income by -2300. Will this raise any problems?

2007-02-09 02:23:35 · 4 answers · asked by Anonymous in United States

I have received my wifes W2 as well as mine already. I have an IRA and EIUL but have not recieved statements from them. I have not withdrawn any money from either account. Should I wait for a statement from each or is it okay to file now?

2007-02-09 02:15:24 · 4 answers · asked by Manny P 1 in United States

I only worked there for 2 paychecks. I really want to file now. What can I do?

2007-02-09 02:13:24 · 8 answers · asked by Sarah 2 in United States

2007-02-09 02:08:11 · 18 answers · asked by Nicola A 1 in United Kingdom

THE past two years my income taxes returns were frozen I filed eic and they releases my returns to me in 2006 may two checks ! promble is in 2004 i recived a rapid refund from hsbs through h&r block , later to find out that the irs had open a probe and frozen my returns meaning they never paid the bank either h& r or irs ......the bank charged me intrest and when i got the money i never paid the bank back , the turned it over to collections in texas
who i set up a payment plan very low payments and i ended up not keeping my payments and now texas tells me the account is now back with the bank , the bank removed the account from this collections agency in texas and this letter comes in the mail from the IRS for the amount of 169.00 staten that it was a 1099 , furnished to then , not telling me who , and that it may or not be a credit , overpayment or amount owed by me , but be sure to file it with my taxes this year along side my W2! AFRAID HELP!

2007-02-09 02:04:48 · 5 answers · asked by Anonymous in Other - Taxes

Last December I received a letter from the IRS saying that we claimed my husbands children and so did the mother on the 2005 taxes. (We thought we had an agreement that we would file the children this year and she lied and we don't want to argue with her). I filled out the 1040X form and found out that we owe $2,000.00. We cannot pay it in full right now. What can I do? Do I still mail in the 1040X with no payment? Can I wait till I file 2006 taxes and have them take it out of my return? I heard that you can make payments...but how high is the interest?? How long do I have till I have to pay?

2007-02-09 02:03:10 · 6 answers · asked by babofa 2 in United States

I recently went to H&R block to file my taxes without my husband present. They had everything all done and ready to file but needed to wait till my husband signed papers after he got off work. To make a long story short, my husband did not want to file with them because of how much they were going to charge us. I charged the fee to my credit card hoping to get a refund after declining the process. After many attempts to reach them and avoidances on their part, they humbly said that the preparer already filed the taxes without my husband's signature and that the IRS already accepted it. MY HUSBAND DIDN'T EVEN SIGN THEM! The preparer messed up! What actions can we take?

2007-02-09 01:58:36 · 6 answers · asked by tmae 2 in United States

The irs website says I should have my refund on Feb 9th, which is today but it's not in my account and I know deposited are made by midnight, so does this mean I won't get them till next friday?

2007-02-09 01:55:34 · 7 answers · asked by Anonymous in United States

the fed. gov. has no problem taking our money but alot of problems giving it back. IDIOTS!!!!!!!!!

2007-02-09 01:48:46 · 6 answers · asked by dogperson 1 in United States

i would like to claim my mom as a dependent so that i can claim head of household, but she received social security benefits during 2006 that totaled $6,000 without any additional income. would i be able to claim her as a dependent since she received more than $3,200? i thought only $3,000 of the $6,000 is taxable therefore am i eligible? and subsequantly, if i am able to claim her as a dependent, would i need to file a tax return for her? specify on my tax return about her income? thanks in advance for all your help!!

2007-02-09 01:42:33 · 6 answers · asked by wooying8888 2 in United States

Gift tax queries india??????????

i have read somewhere in mr subhash lakhotia's book that if i want i can take gifts of mutual funds or shares from non-relatives without any upper limit.is this true?if it is true then is not it a very easy way to get black money changed into white?

2007-02-09 01:27:35 · 4 answers · asked by sufiesidhi 1 in India

My sister claimed my child also who will get the tax return?

2007-02-09 01:25:36 · 18 answers · asked by danni 1 in United States

i moved here from florida 2001. i moved in with my disabled brother and his 4 children, when tax time came i went to file and was told that i could file EIC. when i moved i went to file and gave my new address and was told that i could still file EIC and now i'm stuck with a $5000+ tax bill. and anyone help?

2007-02-09 01:21:26 · 3 answers · asked by Anonymous in Other - Taxes

2007-02-08 23:59:17 · 11 answers · asked by Anonymous in United States

Is it legal to be taxed twice for the same thing and why have our politicians done nothing about this!!!???????

2007-02-08 23:51:40 · 9 answers · asked by kebab killer 2 in United Kingdom

2007-02-08 22:40:26 · 7 answers · asked by bambola1uk 2 in Other - Taxes

2007-02-08 22:30:15 · 6 answers · asked by Stan O 1 in United States

I have an LLC, I am the only employee. Do I file a separate tax return or file that income with my personal tax return. Also, do I pay taxes quarterly?

Thanks
It's a lanscaping business

2007-02-08 22:29:53 · 3 answers · asked by 1 Wild and Crazy Guy 3 in United States

I am a PA. tax payer. I received a 1099-R from Ohio for an IRA that I cashed after my father passed away. Does this have to be reported to my PA. tax return and do I also have to pay estimated tax payments to Ohio for 2007? I use Turbotax. It changed my return from a $1500.00 refund for Pa to a $1100.00 payout. It also printed out 4 vouchers for tax payments to Ohio. Should I be paying taxes to both states?

2007-02-08 22:16:24 · 2 answers · asked by polago@verizon.net 1 in United States

I would like to know, what does "code No and Account No" mean in 10C which constists of "Region/SRO Code", "Estt Code No" and "Account No", My PF Account Number is Ex: MH/31245/434345

Also What should get filled in under "Account No" on From 19, Which is like _______DL _________/

2007-02-08 21:48:37 · 4 answers · asked by Chi.Chi 1 in India