Taxes - March 2007

please reply soon

2007-03-30 23:57:50 · 2 answers · asked by ravinder s 1 in United States

I'm broke and I need cash fast.

2007-03-30 23:43:39 · 7 answers · asked by PlasticTrees 2 in United States

2007-03-30 23:19:09 · 1 answers · asked by marur n swamy 1 in Other - Taxes

somebody claimed my son by somehow obtaining his SSN , and put him down as their dependant for the EIC $ , but i never gave anyone the permission to do that and my son only lived with me all of last year... also how did this person know i wasn't going to file my own taxes? where would they get that kind of info? and I thought to obtain personal info they have to at least know your mothers maiden name? right? I know yor proably just going to suggest the IRS but their taking their sweet time with their investigation plus i was told they won;t give up the name of the person who did this!! Is there ANYWAY to find out thru any other means?? PLEASE HELP!

2007-03-30 21:40:09 · 5 answers · asked by lala42076 1 in Other - Taxes

I have heard numerous times that in TX, you can no longer tell them the price you payed for the car or use a bill of sale to indicate the tax price. That they rather go by the blue book value to figure the taxes.

A guy had recently said that he was also told this, went in to the DMV with a bill of sale and was taxed for the BOS price.

2007-03-30 18:29:44 · 1 answers · asked by yupp 1 in Other - Taxes

will they charge me for it? i didnt keep the records, and now i need them! (stupid! stupid!) i have north fork bank...

2007-03-30 18:20:51 · 6 answers · asked by Carly 3 in United States

2007-03-30 18:10:11 · 5 answers · asked by RICK 1 in United States

I need to just send and efile my state return, without stuff getting done for federal. Where can I go to do this? All the sites I have tried make me enter federal stuff or it does it wrong.

2007-03-30 17:36:33 · 6 answers · asked by Matt H 2 in United States

If you have retired early and you have earnings over $12,900, you have to pay back one dollar of ss benefits for every $2.00 in earnings. How does the government collect this payment from you? Is it a deduction from your future ss payments?

2007-03-30 16:56:08 · 4 answers · asked by Cal Kid 2 in United States

I am helping someone prepare their taxes. Here's the situation. In tax year 2004 she had approximately $6,000 in short-term Capital Loss Carryover from losses in stocks. In tax year 2005 she had very little income, and was not required to file, so she did not file at all. Here's the problem, for 2006 she has approximately $30,000 in Capital Gains from the sale of some property. What I would like to do is use the $6,000 Capital loss from 2004 and use it to offset some of the 2006 gain. My understanding is you can carryover losses to future years to offset gains. I am using tax software(Turbo Tax) and it asks to enter Capital Loss Carryover from 2005. Since she did not file in 2005, there is no carryover. The carryover is from 2004. My questions are this, can I somehow apply that carryover loss from 2004 on her 2006 return? How would I go about this? Does the IRS requires carryover losses to be used in consecutive years?

Thank You

2007-03-30 16:00:01 · 4 answers · asked by Tom S 1 in United States

My mom and I owned a condo for 1 yr and 9 months in WA state. We sold it and we're trying to figure out how to split the resulting profit (approx $40K total). We each received wire transfers from the escrow company for $20K. Now it's tax time and we're trying to figure out what deductions are available, and how to report any applicable taxes and what the proper forms for this might be? In particular, we are wondering if we can include the closing costs we incurred as an adjustment to our cost basis and ultimately reduce the portion of the $20k that is taxable. Also, as I changed jobs 6 months after we bought it (bought in June 2004, sold in Feb 2006). Wondering if I can take a partial exclusion on capital gains due to having job location changes in Nov. 2004, and again in July 2006). Neither job change was out of state but did effect length of my commute. Thanks so much!

2007-03-30 15:23:34 · 5 answers · asked by mermaidcove29 1 in United States

dealing with taxes. I am more interested in the exemption part

2007-03-30 14:22:30 · 3 answers · asked by Deanna 1 in United States

I'm just curious if a garnishment should be taken out before or after I get taxed on my paycheck? Any thoughts? thanks

2007-03-30 14:08:18 · 10 answers · asked by curious 2 in United States

mY EMPLOYER GAVE US THE TOTAL VALUE OF 2 YEARS OF 1099'S BECAUSE SHE PRESUMED THAT WE DID NOT PAY OUR TAXES FOR THE PREVIOUS, BUT IN ACTUALLITY WE PAID. wHO DO WE GO TO TO FILE A COMPLAINT

2007-03-30 13:55:12 · 5 answers · asked by Cristina C 1 in Other - Taxes

I have an EIN # for my company as a sole proprietor, I'm changing it to an LLC (single member), do I need to contact the IRS for a new EIN since it's an LLC now or is there no change since it's a single member? Thanks.

2007-03-30 13:54:21 · 4 answers · asked by Anonymous in United States

2007-03-30 13:53:58 · 1 answers · asked by Anonymous in United States

And how? Would I have to use a form other than the 1040 EZ? Thanks!

2007-03-30 13:36:45 · 6 answers · asked by Anonymous in United States

2007-03-30 13:12:21 · 1 answers · asked by Gina P 2 in Ireland

2007-03-30 12:16:07 · 2 answers · asked by CHRISTINA Y 1 in Other - Taxes

The IRS placed a levy on my daughter's paychecks today. She hasn't filed a tax return in nearly 15 years. Should she hire a tax attorney , or deal directly with the IRS to resolve this ? For her , it is VERY critical for the levy to be lifted asap , as she is a single mother of two ... We need GREAT advice , and of course the tax attorney is telling her that dealing directly with the IRS may NOT end with the levy being lifted ... but of course , he claims he can guarantee it being lifted if we pay him $3500 ...

2007-03-30 12:02:21 · 11 answers · asked by DG G 1 in United States

#2 on the 1040ez.

Is it #2, #4, and #6 on the w-2. or is it just one of them?

2007-03-30 11:51:02 · 10 answers · asked by Selma 2 in United States

I am told there is no law which states I have to pay income tax to the state or federal government.

I also saw a documetary called: America - Freedom to Facism... which I would highly recomend.

So is this true?

2007-03-30 11:18:34 · 9 answers · asked by C P R 3 in United States

2007-03-30 11:03:34 · 2 answers · asked by cotton 1 in United States

holding USA green card, if i work oversea in HK, do I have $80,000 tax exemption? If yes, is this $80,000 exemption applicable for each of the married couple (me and my wife), or
applicable for joined oversea income from both us.

2007-03-30 10:58:42 · 2 answers · asked by lincxeorcxl 1 in United States

how does an IRA work anyway and where do you start? without messing with these dayum professionals?

2007-03-30 10:55:07 · 4 answers · asked by Anonymous in United States

the certain period of time a person should work before thay can file for the income tax return? and any other requirements?

2007-03-30 10:54:05 · 4 answers · asked by Anonymous in United States

Is it true if you were financing it, you can write it off the interest when you do your taxes??? If so than i am LIVID ,and hate H & R block- Apparently thre is a whole bunch of things i found out you can write off that HR block doesnt tell you.....

2007-03-30 10:43:39 · 9 answers · asked by gsxr650 3 in United States

It's the good old marriage penalty. Me and my spouse always rec'd both federal and state tax refunds when we were single, but ever since we got married we owe every single year. We don't have any kids to use as a tax credit, nor do we yet own a house, so no tax break there. We both make decent money. So, besides the standard deductions called out for on the tax forms, are there any other possible tax credits or deductions available to us ? We aren't really interested in spending hundreds of dollars to go see a tax guy.

2007-03-30 10:42:30 · 6 answers · asked by JB 1 in United States

"Support Test (To Be a Qualifying Child)

To meet this test, the child cannot have provided more than half of his or her own support for the year." - irs.gov

Personally I think I can make all the money I want, the money that is in question is the money that I USE to SUPPORT myself. Do you agree?

2007-03-30 10:39:28 · 5 answers · asked by Anonymous in United States

I haven´t work 2006, I am a writer, I just wrote, I live in Florida, how do I do my taxes, what form do I use, any advice? Thanks, Diego.

2007-03-30 10:37:37 · 6 answers · asked by socotec68 1 in United States