Taxes - March 2007

My family and I want to move to Nevada. We are trying to live in a huge suit. We can only move there if there is no tax. I think California is the only state with tax. I don't know! Please, no silly answers my family is serious.

2007-03-24 05:35:02 · 2 answers · asked by Music Girl 1 in United States

On March 10, 2006, Yoon purchsed three-year class property:

a. Calculate Yoon's cost recovery for 2006, assuming he does not make the (section 179) election our use straight-line recovery line.

b. Calculate Yoon's cost recovery for 2006, assuming he does elect to use (section 179) and does not elect to use straight-lie cost recovery.

c. Assuming Yoon's marginal tax rate is 33%, determine his tax benefit from electing (section 179).

2007-03-24 05:34:59 · 4 answers · asked by jaygee 1 in Other - Taxes

2007-03-24 05:34:54 · 3 answers · asked by yacat59 1 in United States

On July 10, Wade purchaed and place in service a warehouse. The warehouse cost $850,000. On May 7, 2006, Wade sold the warehouse.

a. Determine Wade's cost recovery for 1997.

b. Determine Wade's cost recovery for 2012.

2007-03-24 05:33:50 · 1 answers · asked by jaygee 1 in Other - Taxes

We e-filed, and I have double checked address etc, all is correct! We did not direct deposit because we are changing banks, well did last week and didn't want a problem.

2007-03-24 05:21:15 · 3 answers · asked by simpleheart 3 in United States

My boyfriend wants me to file as commonlaw. He is still married, but legally seperated. He has already filed his 2006. We had lived together all year. However he claimed seperated on his tax forms. So now it's my turn to file...do I claim commonlaw or single.

2007-03-24 05:20:33 · 4 answers · asked by Doveslove 2 in Canada

i had two jobs last year totally making between 3-4,000 dollars am 21 and a dependent for my parents...

2007-03-24 05:15:29 · 5 answers · asked by bradwissmueller 2 in United States

2007-03-24 05:06:46 · 3 answers · asked by rrachel21 1 in United States

Should I have a higher percentage deducted? If so how much?

2007-03-24 05:05:14 · 5 answers · asked by sugrcooky35 1 in United States

If so, where do I enter the amt. on form 1040?

2007-03-24 04:56:21 · 3 answers · asked by KhrisB 3 in United States

what is the Federal and Massachusetts State Tax Rate for Bank Interest and divdend

2007-03-24 04:51:35 · 1 answers · asked by sel_bos 3 in United States

Can you claim a loss on a business that has no actual income during the current tax year, if it had income in the previous year. Technically speaking this is not a new business.

2007-03-24 04:44:06 · 2 answers · asked by Anonymous in United States

I just found out about this deduction and have been overpaying for years. I take the generic deduction, the one without using receipts.

2007-03-24 04:40:20 · 3 answers · asked by J S 1 in United States

I worked as a volunteer outside the country for the year and did not have a salary of any kind. Is there some form I should send in that tells the IRS I'm not skipping out on my taxes, I just have nothing to report?

2007-03-24 04:19:25 · 7 answers · asked by Anonymous in United States

The IRS owes me money, and I know I have a ywo year window to file after the deadline... I just dont know how to file my 2004 taxes. Is there a special form...?

2007-03-24 03:42:40 · 6 answers · asked by Jacker 1 in United States

2007-03-24 03:34:16 · 6 answers · asked by Anonymous in United Kingdom

I started the plan back in 1995 when I started my dental practice and I am registered as an LLC

2007-03-24 03:00:46 · 2 answers · asked by Wunschie 1 in United States

bank account without your knowledge when they recieve your form return and before being suspect for an audit?

2007-03-24 02:58:03 · 7 answers · asked by Anonymous in United States

Will check cashing places cash it? Also, is there a place that will cash your tax refund check without charging a fee?

2007-03-24 02:49:46 · 9 answers · asked by Anonymous in United States

IRS will never recieve any form neither w2 nor 1099 that prove you recieve some payment this year

2007-03-24 02:11:46 · 11 answers · asked by Ares 3 in United States

Why do we have to pay more tax the more we earn? I think that we should have to all pay the same tax and those of us who have higher paid jobs will actually benefit. It would not make the poor any worse off but the people who earn more deserve more.
(and no - i do not earn a lot before anyone thinks that is why i am saying this - unless you call £10000pa a lot.)

2007-03-24 02:09:52 · 17 answers · asked by SmallFry 2 in United Kingdom

From my understanding, when it comes to Federal Income Taxes, one must even claim something as little as cash given for a gift. i.e. Christmases, Birthdays, etc.
While it's true that some people rob the system by making millions and paying a fraction of what they really owe, what about "Joe 6 pack"?
He makes 30k a year at his day job. He also has a part time job that pays him "under the table". Then he takes that money to cover his daughters college tuition.
While technically both are one in the same to the Feds, what do you think?

2007-03-24 02:02:43 · 7 answers · asked by Kari 4 in United States

2007-03-24 02:02:21 · 7 answers · asked by phtmnbagz 1 in United States

I'm doing my taxes on-line. A prompt comes up asking about personal property taxes about vehicles. I'm hoping I can deduct the taxes on the vehicle I bought in 2006, but it says "vehicle excise tax" and registration fees. I'm confused. Please help. Thanks.

2007-03-24 01:49:59 · 3 answers · asked by lisalisa 1 in United States

Was Peter Debnam really the right person to lead the Liberals in NSW?

2007-03-24 01:32:08 · 2 answers · asked by Ranjeeh D 5 in Australia

I keep getting e-mails that are scams like not sending an E-Bay item when I do not even belong to E-Bay!

Then I have been getting E-mails saying my check bounced or that My Utility Bill payment is overdue and must be paid on line and all of these e-mails are nothing but scams & BS!

Thanks!

2007-03-24 00:51:22 · 4 answers · asked by Anonymous in United States

I relocated to Singapore few months back. So I provided my Singapore Bank's (which is UOB, United Overseas Bank) Account no and the routing no which is of Bank of New York for my Tax refund. Bank of New York is UOB Singapore's Correspondent bank. Well 'Where's my refund' page says it has been deposited on 16th Mar. But I dont see any money in my bank account. I think it has gone to some one else's account as Bank of New York cannot identify UOB Bank because I didn't provide SWIFT code. The tax form has no placeholder for SWIFT code too. Perhaps it has gone to a person who has an account with Bank Of New York and same account number as mine. I made a blunder I think. I could have lost money to some one else. Or does any know what I could do. Please help me.
Thanks
Kat

2007-03-24 00:10:41 · 4 answers · asked by vennmann 2 in United States

but it's been more than 10 years is there anyway i can find proof that i lived there?

2007-03-24 00:07:02 · 2 answers · asked by tiggerme20006 2 in United States

2007-03-23 21:12:15 · 9 answers · asked by Anonymous in United Kingdom

What percentage of each should be taking out of a check whose gross pay is $195.00?

Federal: ?
Social Sec: ?
Medicare: ?
CA State Income: ?
FICA: ?

I live in California.

Thanks so much!

2007-03-23 20:18:23 · 4 answers · asked by Miss. Tee98 4 in United States