Taxes - February 2007

Can I itemize everything I have bought this year so long as I have the receipts (i.e. clothing, books, dining out, travel for pleasure, etc) or are there restrictions to what I can list there? If so, where can I find a list of them?

I live in the state of Washington and will be filing single.

2007-02-07 16:48:21 · 4 answers · asked by Maria F 3 in United States

income tax illustrations for the assessment year 2007-08, for salary income computation can u suggest me a site pls

2007-02-07 16:43:17 · 3 answers · asked by A to Z 1 in India

2007-02-07 16:42:59 · 4 answers · asked by Anonymous in Other - Taxes

I hope that someone here can help me. In 2006, I only made a total of $217.50. There was only a total of $10.00 taken out of my checks for federal income tax, and nothing for state. I still have not recieved a W2 and I was wondering if I am even going to recieve one? And if I even have to file taxes with those earnings? Will I get in trouble if I just file taxes and do not include my earnings? My and my husband file jointly, as he is the main wage earner. Thanks.

2007-02-07 16:41:26 · 3 answers · asked by lpk_star 2 in United States

2007-02-07 16:39:59 · 1 answers · asked by parkeni 1 in United States

last year i got $8, this year i owe $46. will i owe more next year?

2007-02-07 16:28:04 · 5 answers · asked by HTme 1 in United States

I heard that you have to report income from mutual fund distribution and there's general advise not to buy funds near year end because of you will have to pay tax for entire year distribution.

If a mutual fund has income distribution (say around $5/month) every month, and I buy it after Jan 1, 2007, do I need to report it in my 2006 tax?

If I buy it on Nov 15, 2006, do I report $5 income (for Dec 1 distribution) or $60 (total distribution by the fund for entire year) ?

2007-02-07 16:14:51 · 4 answers · asked by Astro newbie 3 in Canada

Would anyone suggest calling the IRS toll free number to ask tax questions?

2007-02-07 16:12:37 · 6 answers · asked by jerryscoins 1 in United States

I am a single mother on disability. So obviously the meny is not much. Not i did not work but did make some moeny on some medical research and typing some papers, and doeing some bookeeping. I am able to get 1099 but it really only amounts too about 800 for the year. I wnat to claim the earned incom and the child tax credit

2007-02-07 16:11:50 · 3 answers · asked by therealskeptic@sbcglobal.net 2 in United States

Can I claim my sister if she lived with me, is 22 yrs old, attended school full time in 2006, and earned about $9,000 in income?

2007-02-07 16:01:34 · 11 answers · asked by Anonymous in United States

We're taxed to hilt in Britain. People say that the American rates of tax are a fraction of what they are here in Britain. Is this true?

2007-02-07 16:01:33 · 11 answers · asked by JohnH(UK) 3 in United Kingdom

2007-02-07 15:57:11 · 3 answers · asked by Direktor 5 in United States

2007-02-07 15:56:35 · 6 answers · asked by Direktor 5 in United States

if i didn't have a income?

2007-02-07 15:51:02 · 6 answers · asked by hasanti_29 2 in Other - Taxes

dose anyone know if i can get a new city income tax paper back from 2003? i had my 2001 but for sum reason my 2003 isnt here, and i mailed the 2001 but then they mailed me a letter int he mail sayin that i need my 2003 also, but i cant find it, and i already paid the 50 dollars to the irs. dose anyone know if i can get a new city income tax paper?

2007-02-07 15:50:05 · 3 answers · asked by kate c 1 in United States

ok, so i made $1500 ...do u think i would make any money if i filed taxes?

2007-02-07 15:48:38 · 4 answers · asked by Anonymous in United States

In CANADA I heard that you have to report income from mutual fund distribution and there's general advise not to buy funds near year end because of you will have to pay tax for entire year distribution.

If a mutual fund has income distribution (say around $5/month) every month, and I buy it after Jan 1, 2007, do I need to report it in my 2006 tax?

If I buy it on Nov 15, 2006, do I report $5 income (for Dec 1 distribution) or $60 (total distribution by the fund for entire year) ?

2007-02-07 15:38:47 · 1 answers · asked by Astro newbie 3 in United States

I live in Illinois and was wondering the following. I am planning on quitting my job this year, and live off only dividends I receive from stocks. What type of tax bracket would I be looking to pay at the end of the year? Obviously these stocks will be held for more than a year, since I live off the dividends.

2007-02-07 15:32:24 · 4 answers · asked by angryviper 1 in United States

Well for one I did not file my taxes from last year I was a minor and I payed in about 600.00 in federal.I was wondering if one I can file the taxes from last year.I also dont have my w-2s I lost them.And if I could back file would I get all I payed in back since I was a minor?

2007-02-07 15:31:49 · 5 answers · asked by amanda c 2 in United States

i just had a baby in december and i thought their was a bigger credit than just the standard $1000 per child...what form do i need or where do i need to be looking to find this???

2007-02-07 15:25:59 · 5 answers · asked by Shawn L 1 in United States

2007-02-07 15:16:48 · 3 answers · asked by prisdiaz 1 in United States

I am currently in a sophmore status, attending school full-time. My question is can I claim the Hope Credit for the expenses I have paid for tution and books for 2006?

2007-02-07 14:59:02 · 2 answers · asked by Anonymous in Other - Taxes

There is a petition on the 10 Downing St website but they didn't tell
anybody about it. Only 250,000 people have signed it and 750,000 signatures are required for the goverment to at least take any notice.
Once you've given your details (you don't have to give your full address, just house number and postcode will do), they will send you an email with a link in it. Once you click on that link, you'll have signed the petition.
The government's proposal to introduce road pricing will mean you having to purchase a tracking device for your car and paying a monthly bill to use it. The tracking device will cost about £200 and in a recent study by the BBC, the lowest monthly bill was £28 for a rural florist and £194 for a delivery driver.
A non working mother who used the car to take the kids to school paid £86 in one month.

On top of this massive increase in tax, you will be tracked. Somebody will know where you are at all times. Think about that!

http://petitions.pm.gov.uk/travel

2007-02-07 14:53:48 · 6 answers · asked by ANON 4 in United Kingdom

2007-02-07 14:49:54 · 4 answers · asked by alex t 1 in Australia

Are you penalized by a percentage or a flat fee or what? Anyone have any idea?

2007-02-07 14:43:06 · 4 answers · asked by zarathustra_75 1 in United States

I have not worked in 2 years and will probably go back later this year. My husband works and we have 4 children ( 13, 13, 15, 17). I am trying to figure out if going back full time makes sense or if I can work part time. I just can't figure out what will happen to us with taxes.

2007-02-07 14:37:53 · 2 answers · asked by doriainsd 1 in United States

2007-02-07 14:19:18 · 5 answers · asked by rich776 1 in United States

I have never used this before and this year I sold my vacation home and have to claim capital gains , which Turbo Tax system do I buy? Oh I also don't itemize deductions, I use the standard deduction.

2007-02-07 14:18:08 · 3 answers · asked by Mrs. Fuzzy Bottoms 7 in United States

I have never used this before and this year I sold my vacation home and have to claim capital gains , which Turbo Tax system do I buy? Oh I also don't itemize deductions, I use the standard deduction.

2007-02-07 14:15:50 · 2 answers · asked by Mrs. Fuzzy Bottoms 7 in United Kingdom

If my father already claims me, Can i still file for my taxes?

2007-02-07 14:13:17 · 2 answers · asked by AD 2 in Other - Taxes