Taxes - March 2007

during the year i claim 0 with my job should i claim 1 so i can take home more $, does it pay to claim 0?

2007-03-02 11:38:07 · 6 answers · asked by Lepke 1 in United States

I got a 1099-A form from the first Mortgage holder and the second mortgage holder claims they have up 3 years (per law) to provide to me.

2007-03-02 11:26:14 · 7 answers · asked by ? 1 in United States

2007-03-02 10:50:16 · 3 answers · asked by Tax Help 1 in United States

I just got my w-2 form now I don't know what to do with it, How do I get my income tax and how do I know what I got, I don't even know how to start the whole process of getting my income tax, can anyone help me????????

2007-03-02 10:31:52 · 8 answers · asked by Peacen 3 in United States

Will you pay more taxes with checking BOX 7 non-employee compensation or by checking BOX 3 as other income? Ok, its not hard I just wanted to bring in someone who can rightfully answer.

2007-03-02 10:24:40 · 5 answers · asked by Bri up 1 in United States

usually do taxes online but I need my money by monday. seriously need help. dont wanna walk into their tax place and get ripped off and end up dead broke.

2007-03-02 10:20:40 · 4 answers · asked by Anonymous in United States

I have two kids. Im self employed (childcare provider) the state paid me 5000 this year and sent me a 1099MISC form i have two kids that i'm claiming. I recieved another 6000 this year form parents and have to make my own 1099MISC What amount would give me the best return? I know i will get a refund of 2000 based on the 5000 from the state but will that increase or decrease if i add income? and in what box sholud i write in when i do my own 1099MISC?

2007-03-02 10:11:57 · 3 answers · asked by liz t 1 in United Kingdom

could anyone tell me which one is better in terms of income after tax? family of two:one work and earn 100k or two both work and earn 50K each?

2007-03-02 09:52:33 · 2 answers · asked by J F 2 in Canada

I'm a married college student who has never made more than 7,000$ annual income. I read a couple of years ago somewhere on the irs website(i think) that dependants don't need to pay income tax until they make over 7,500 or something like that. Is this true? and if so, now that I'm not a dependant, when do i have to start paying taxes? You would think it would be easy for me to figure this out but i have searched everywhere on the internet and cant find anything about it. Thanks ^_^

2007-03-02 09:50:07 · 6 answers · asked by Mac M 1 in United States

2007-03-02 09:45:10 · 6 answers · asked by nose68 1 in United States

to file. In other words if you live on SS income alone. You have no way to recover.

2007-03-02 09:44:15 · 6 answers · asked by wmf936 5 in United States

I efiled and the IRS site says March 13th. Do you usually get it back before it says or after?

2007-03-02 09:40:57 · 6 answers · asked by Anonymous in United States

2007-03-02 09:36:33 · 3 answers · asked by Anonymous in United States

2007-03-02 09:16:02 · 3 answers · asked by boop 1 in United States

Is form SE from self-employment income supposed to be included when filing your taxes?Our accountant didn't file one with ours and the IRS lady said that what has delayed our tax refund.She just wanted it faxed to her.Is this supposed to be included?

2007-03-02 08:50:07 · 3 answers · asked by Cindy B 1 in United States

I cashed in and old 401k that was $ 10,000. They already took abot $ 2000 for federal, but did not take State tax out. I know that I need to pay it, but I don't know how much...

2007-03-02 08:47:53 · 4 answers · asked by Eric 2 in United States

All advice is welcome as long as it does take advantage of any legal loopholes (I don't want to get in trouble). All I did this year is take the standard deduction with my 1 personal exemption. I wrote off my student loan interest and took the 30 dollar phone credit.

2007-03-02 08:30:33 · 7 answers · asked by BabyEater 2 in United States

If I buy a piece of equipment online for my business, can I deduct the cost of the equipment + shipping or just the equipment?

2007-03-02 08:09:44 · 2 answers · asked by Josh 1 in United States

I contributed the max $15,000 to my company 401K. With an adjusted AGI $102,880 for Single taxpayer, the IRS spreadsheet indicates a maximum ROTH IRA contribution of $1900 is allowed.

My question is whether a non-deductible contribution to traditional IRA in the amonut of $2100 is allowed. This keeps IRA contributions to $4000... is this allowed?

thanks,

Chaz

2007-03-02 08:08:46 · 2 answers · asked by Chaz 1 in United States

2007-03-02 08:06:11 · 2 answers · asked by dub 1 in United States

I need to know if I can qualify for the Hope Or Life Time Learning credits. I have a loan that is deferred and get financial aid from FASFA. Current out of pocket expenses are paper, printer ink, office supplies(ie staplers and such). Does any one know stipulations for these credits.

2007-03-02 07:53:00 · 7 answers · asked by nix 26 1 in Other - Taxes

2007-03-02 07:52:58 · 3 answers · asked by emandkevsmom 1 in Other - Taxes

We've been living together for two years. we rent a house. She makes about $13,000 a year, and I make a little more. Can I put 2 dependents, myself and her, if she puts 0 dependents. Also can one of us file for head of household

2007-03-02 07:41:32 · 8 answers · asked by ? 1 in United States

Hi,

I am currently doing a report on different methods of tax evasions. I know that pyrmading, paying workers in cash, etc.

But how about people doing businesses online? Online stores, such as selling replicas and any other fraudulent activities? Can this also be used as another example of tax evasion? Because surely they wouldn't file taxes when their business is abusing others' copyright or trademark, right?

Can someone help and clarify that for me, because if possible, I really want to include it in my papers?

Thank you very much.
Lelia

2007-03-02 07:15:08 · 3 answers · asked by Anonymous in United States

2007-03-02 07:07:39 · 4 answers · asked by scerd 1 in United States

2007-03-02 07:03:24 · 7 answers · asked by Niki N 1 in Other - Taxes

It's been 4 weeks since I electronically filled my state return. I called today to find out what the hold up is in getting my refund back. I was told my return "was selected for review" and that I should have my refund 6 to 8 weeks after the date my state accepted my return.
What exactly happens when a return is reviewed?
Is the government just making sure my numbers are right?

2007-03-02 06:43:51 · 3 answers · asked by Hey you! 3 in United States

2007-03-02 06:14:45 · 9 answers · asked by mb 2 in United States

I'm looking into working for them part-time for tax season most probably next year though. I have a business degree and have completed basic accounting have worked in an accounting environment before. What qualifications do they look for and any tips on getting myself hired? Thx

2007-03-02 05:52:14 · 6 answers · asked by Anonymous in United States

I plan on applying the home office tax deduction on my home. I have a 2 bedrooms and use the 2nd bedroom as my office. However, I have a bed in the office bedroom which is ocassionally used by guests. Is that a problem?

2007-03-02 05:43:38 · 3 answers · asked by yanswerer 2 in United States