Taxes - March 2007

I'm asking because Iowa has Just $1.36 Increase in Cigarette Tax, going from 42 to 17 In Tobacco sales, Its Supposed cover Hospital Costs, but I'm not Buying it.

What states Have Higher Cigarette Taxes then IOWA.

2007-03-22 13:48:12 · 3 answers · asked by tfoley5000 7 in Other - Taxes

I am curious as to what the benefits are to hiring someone to do your taxes for you, when I don't have very many deductions to make as I a) don't own a home b) don't have an independent business c) have only $8000 in investments, which haven't made me more than $100 this year :( --- What would be the benefit, if any, to hire someone for $100 to do my taxes, rather than use turbotax or some other tax program?

2007-03-22 13:15:14 · 3 answers · asked by berkeleygirl19 1 in United States

State of Oklahoma says that one of my sons isn't mine because my sig on the birt C. don' match mine now. That was alon time ago. They are trying to get me to pay money I don't owe. I need to show that this boy has been claimed on all our tax returns since birth.

2007-03-22 12:57:58 · 3 answers · asked by bttyraida 1 in United States

2007-03-22 12:55:17 · 4 answers · asked by Anonymous in United States

My mother claims she did not claim me last year on her taxes and she will not this year. She has always filed mine with hers because she claims they will do it for free. She has been slightly mentally unstable for the past year, and I don't exactly trust her. Where do I need to go to see if I claimed myself last year, or if someone else (my mother) has claimed me??

2007-03-22 12:54:55 · 4 answers · asked by Thinking 5 in United States

also do i deduct the tax refund i got back from sc from the amount i paid in on my w-2

2007-03-22 12:06:07 · 2 answers · asked by merckfarm 1 in United States

I'm partner in an LLC and got my K-1 for around 20K. When doing my personal tax return my software is charging the SE tax, pretty close to 3K. Other partner prepared her taxes with a CPA and her return doesn't show any SE tax and made the same money. Who is right, the CPA or the software package? I tried to check a little more in the IRS web page but found nothing.

2007-03-22 11:55:56 · 3 answers · asked by inquirer 1 in United States

I have an employee that was an independent contractor for me. I want to e-file a form 1099-MISC. Please help.

2007-03-22 11:49:13 · 2 answers · asked by Kevin O 1 in United States

I forgot to report a small amount of income(several hundred dollars) on my taxes. Should I just let it go? Or should I play it safe and tell them? Are there any penalties? Will the IRS hunt me down and imprison me if they catch this?What are the chances of them finding out? Need as much info. as possible. Thanks in advance.

2007-03-22 11:28:26 · 6 answers · asked by cap3382 4 in United States

I sent in mine and my boyfriend's income taxes via netfile a few weeks ago. We have both only received part of our return (direct deposit) with the strange part being that they withheld exactly $486 from each of us. Should I be expecting a cheque in the mail for the remaining amount? I also moved since the last time I filed taxes, I don't know if this has anything to do with it. If you need any more details let me know, but I think I included everything. Thanks in advance!!!

2007-03-22 11:13:03 · 3 answers · asked by Rosie B 2 in Canada

I went to do my taxes and this lady showed me a chart where if you adjust your deductions you get more for a refund (only an income of 12K-17K . This is illegal. I wanted to find out more about it before I get myself into trouble. Does anyone know what this is?

2007-03-22 11:04:06 · 6 answers · asked by angel_lillian001 2 in United States

2007-03-22 10:20:11 · 5 answers · asked by xxxxxxxxx 4 in Canada

DETAILS: I've lived in California all my life (approx. 21 yrs.) and have never paid taxes before. On 06/07/2006 I moved to Montana and took up a job(s) and worked between 08/08/2006 and 12/01/2006 (approx.). In that time I made $3365 on a W-2 and had $74 deducted for stare income tax. I also made $510 in misc. income. I then proceed to move back to California on 12/14/2006.

QUESTION(S): Now, the question I have regarding this, which I haven't been able to find the answer to is this: Did I make enough to have to report it? Am I required to file state taxes in Montana? Because if I don't have to then I don't see the need as it isn't worth it going through the hassle to do so. If I do need to, what forms do I need to fill out and send in? This is driving me bonkers. I can't seem to find out what I need to do.

2007-03-22 10:17:25 · 4 answers · asked by R2WK 2 in United States

My neighborhood is trying to establish a new pedestrian/bike path with the city which may involve the need for a few properties to give small strips of land to the city to make it possible. Is the value of the land given to the city claimable as a "donation" and if so, at what value, fair market value as of date of transfer or some other calculation? (Note that this situation is NOT one where the city would claim or take the land by emminent domain. And in case it matters though I would think it shouldn't, the jurisdiction happens to be Palo Alto, CA.) Thanks!

2007-03-22 10:17:18 · 2 answers · asked by Jonathan L 4 in United States

i am single. no dependents. do not own a home or a business. have an illness that kept me out of work on disability for the entire year and I am a part time student.

2007-03-22 10:10:23 · 2 answers · asked by itismarcie 1 in United States

I own a townhouse and pay $300.month ($3600 year) in home owner fees, are those a tax write off?

2007-03-22 10:07:57 · 7 answers · asked by Scottyboy 1 in United States

how long is going to take when the mailthe check out on friday

when do u purpose to get monday or saturday

my check comming out of austin tx

2007-03-22 09:41:18 · 4 answers · asked by mic4579 1 in United States

I am purchasing a car today and using a bill of sale from a friend. I do NOT want to pay sales tax any more than I have to. She/he is willing to sell the car at a reduced price provided that we find out what this minimum/maximum is. Can anyone tell me?

2007-03-22 09:13:43 · 5 answers · asked by boogie2988 2 in United States

He took off to Louisiana to avoid state taxes and child support

2007-03-22 09:07:16 · 4 answers · asked by Anonymous in United States

she wants to write off her ford excursion, she doesnt use it for business, she does massage and cuts hair all day, i told her she cant write it off, she says because there is advertising on it then she can,, the advertising is on the back license plate frame with the company name and phone number, is this legal

2007-03-22 09:04:46 · 6 answers · asked by Anonymous in Other - Taxes

H&R Block messed my taxes up and now its going to take 2 more months to get my refund and the IRS said there 's nothing they can do what can i do to try to get my taxes back faster

2007-03-22 08:57:47 · 5 answers · asked by lynia_edwards 2 in United States

2007-03-22 08:57:35 · 5 answers · asked by The Turtle 2 in United States

My grandparent live in NJ. They are retired seniors with absolutely no income, meaning no federal money or retirement fund. Do they have to file a federal income tax return?

2007-03-22 08:24:46 · 14 answers · asked by Anonymous in United States

I have a friend who hasn't paid taxes in 8 years. What kind of advice should I give them?

2007-03-22 08:14:14 · 6 answers · asked by ? 2 in United States

I've filed both my Federal and Maryland state tax. Just found out that I missed 2006 margin interest on my tax return. It's about $1500. I did have a net capital gain over $1,500. How can I add the margin interest to my 2006 return? Or can I simply add that amount to my next year's return? Thanks!

2007-03-22 08:12:33 · 3 answers · asked by Rainbow 1 in United States

i want to file my income tax but i need my refund right away.

2007-03-22 08:11:10 · 5 answers · asked by Anonymous in Canada

I bought 1000 shares MBNA stock at $25 dollars back in july 05.

MBNA was acquired by Bank of America and the transaction completed in 1/3/2006. I received $4,125 in cash and 500 shares of BOA at $47.08.

How do I record this transaction for the IRS? On my 1099 form, only the $4125 was reported to the IRS. Do I have a cost basis of $25000, and hence a loss of $4125-$25000 = $20875?

Thanks for your help!

2007-03-22 07:57:02 · 4 answers · asked by tc61380 2 in United States

My company provides a fully paid old fashioned pension plan that can be paid out in lump sum or annuities. I will be getting an increasing joint survivor annuity payment that starts at $1600 per month and goes up 2% a year.

2007-03-22 07:55:02 · 6 answers · asked by Michael K 1 in United States

Does anyone know if the Commonwealth of Virginia allows taxpayers to pay their dues through installments? I think this year I owe more than I can pay at the moment. I tried looking at the Virginia Dept. of Taxation Web site but to no avail. Am I looking at the wrong place or is there simply no method of paying in installments for state taxes?

2007-03-22 07:43:28 · 1 answers · asked by leebs65 1 in United States

Can i apply for efin number with Itin number.
I would like to open a Tax praparation business

2007-03-22 07:34:50 · 0 answers · asked by alfredo c 1 in Other - Taxes