Taxes - March 2007

I got my tax refund check after the validity period of the check is over. Can i get another check for the same amount now, if i approach Income tax department in hyderabad? how long will it take to get the new check?

2007-03-21 19:40:37 · 2 answers · asked by satishu 1 in India

i just filed my tax, how much tax refund are you looking at?
what are you going to spend it on

2007-03-21 19:32:29 · 5 answers · asked by mikedrazenhero 5 in United States

I have a question about my taxes. Why is it that I only made 8800 last year, yet I had to pay 300 dollars in taxes come april 15th. I am a 22 year old student, took the standard deduction, and paid $94 in taxes during the year. Is it because my parents still claim me as a dependent? Or did I just miss some deductions and credits?

2007-03-21 18:33:33 · 6 answers · asked by redraider0206 1 in United States

2007-03-21 18:31:24 · 3 answers · asked by Lane 1 in United States

I’m the lead singer in a band & I handle the business side of the band as well. IE: collecting payment & paying the band members.The money we make is split even between us, I do not wish to pay the whole bands tax, just the amount I personally took home, how I record what I pay each band member so they have to pay there own taxes?
Thank you for your help!!!

2007-03-21 18:24:13 · 3 answers · asked by scott w 1 in United States

can the cost basis simply be carried over to the other third party account?

2007-03-21 18:22:12 · 4 answers · asked by just_curious 1 in Other - Taxes

I worked for a short time for myself got a business # and made under $3000.i got the person i worked for to sign the forms to show what i made...he is now no where to be found(he had copies) but mine were stolen with some doc from my garage! and now i dont know what to do. I def want to report it to the govt but dont know how. i know i have a big return coming to me but i dont want to ignore this and down the road they audit me and need the money and think i am a liar! what do i do?

2007-03-21 18:11:40 · 2 answers · asked by Z H 1 in Canada

What can I do if one of my dependents already filed and mailed his tax return and he stated that nobody could claim him as a dependent. He stated this by mistake since I can claim him as a dependent. Is there any way to fix/amend this error?

2007-03-21 18:05:54 · 4 answers · asked by Evenkeal 1 in United States

I know this is a weird question that I should probably know the answer to, but I have efiled for years and didnt this year. So what type of envelope do I use?Do I fold the return into threes and put in a regular envelope please help!!!

2007-03-21 17:16:43 · 5 answers · asked by Anonymous in United States

I make 63500 k and I have 39000 in an IRA that I would like to convert it to a Roth. My taxable income was 33056 this year and I will get about a 3% raise. I don't want to have the conversion bump me up to higher tax bracket. How much can I convert?

2007-03-21 17:00:49 · 4 answers · asked by MtN_BkR 3 in United States

My husband is a truck driver - over the road, not local. I've already filed our taxes for this year, however, after talking to other truck drivers, Im wondering if I should refile - Reason being - I didnt claim anything for his truck driving; i.e. meals, sleeping in his cab while away from home, etc. I dont want to pay a professional to do my taxes, however, I cant find that much info. on truck driver's taxes. Does anyone know how to find free info. on this? thanks so much.

2007-03-21 16:44:59 · 6 answers · asked by Mary S 1 in United States

ok this is hypothetical but lets say there's $2000 made last yr, theres $100 fed income tax witheld, $100 soc. security tax witheld, $20 medicare tax witheld. Single, not claimed by anyone nor claiming anyone, between 21-24yrs old. How much return would come from this?
and the service is free of charge.

2007-03-21 16:43:10 · 2 answers · asked by Anonymous in United States

I have sold my property in a foreign country and paid taxes on the sale there. I need to bring the money made to the US. Will I have to pay taxes on that money again?

2007-03-21 16:14:32 · 3 answers · asked by sandriki 2 in Other - Taxes

I need to know this for my taxes. Wisconsin told my mom that it was tax free....sooo, i need to know definatley.

2007-03-21 16:05:06 · 2 answers · asked by scott k 1 in United States

I moved in late April-early May of 2006. Which address do I use for my tax refund, my old address or the new one?

2007-03-21 15:52:17 · 4 answers · asked by star2003usa 2 in United States

I am 20 years old and I still live at home with my parents and they also pay for my college. What is the income amount that does not require me to file an income tax return? If I made $14,000 that year, would I need to file an income tax return?

2007-03-21 15:48:10 · 5 answers · asked by Anonymous in United States

I am an American who has moved to Japan. I have owned stock since before moving to Japan. I moved here several years ago, and kept my stock without realizing any of the gains. This year, however, I realized some of the gains.

The company I use to buy and sell stock is based in America. Do I pay capital gains taxes in the US? I've heard conflicting reports. I've been told that I would pay in the US, but I don't know how to do this. Especially since I have no income in the US.

Another issue is I am married, and since my spouse and I got married in Japan, and have never been to the US, she has no social security number.

Anyway anyone who has any information they can help with, or someplace I could go for information, please tell me!

2007-03-21 15:25:30 · 2 answers · asked by Kevbomeister 2 in United States

I invested some Roth IRA money in an ETF. The ETF sent me a schedule K-1 which shows income/losses/etc. Do I need to include the information on this K-1 in my taxes, or can I disregard because of the Roth IRA? thanks.

2007-03-21 15:19:20 · 3 answers · asked by Anonymous in United States

Is it treated like interest from an investment on the Schedule B?

2007-03-21 15:11:06 · 5 answers · asked by Teddy S 1 in United States

without the persons S.S. number. I would have to ask the person for their social security number.....Don't sound like a good idea to me.

2007-03-21 15:04:01 · 2 answers · asked by amanda b 2 in United States

2007-03-21 15:01:49 · 3 answers · asked by Anonymous in Australia

2007-03-21 14:47:04 · 1 answers · asked by sabrina 1 in United Kingdom

I am an international student at a university (F-1 visa) and I give tennis lesson on the side. That means I'm getting paid under the table? I make about 1000$ per month. How do I report and pay taxes on that? Should I?

2007-03-21 14:45:18 · 4 answers · asked by abqlobo 1 in United States

I am still waiting for my 2006 W2 Form from my employer! and it's already March 21st! But last year, I lost my W2 Form (the 2005 one), so I didn't get to file it. Now, I found the W2 form I was supposed to file last year. Can I still send it in? I was supposed to get a refund... I also know I should get a refund for the W2 form I need to file this year... but now I just have two forms and I'm just not sure how to do this... Please help.

2007-03-21 14:42:26 · 4 answers · asked by Anonymous in United States

What is the minimum income required for filing state and federal taxes?

2007-03-21 13:59:48 · 3 answers · asked by ginnyp82 2 in United States

I worked in PA for the entire 2006, and was deducted PA state tax and Philly city tax for the entire 2006. Question is I moved from PA to NJ at the end of April of '06, i.e., I am a PA resident for 4 months and NJ resident for 8 months.

Am I supposed to ask for the 8 months of tax refund from PA and pay 8 months of NJ tax? When I am ready to fill the PA part-yr resident tax form, I find that I was "subject to PA tax on all income earned, received or credited from PA sources for that part of the year EVEN when I was a nonresident".
http://www.revenue.state.pa.us/revenue/cwp/view.asp?a=3&q=203451&revenuePNavCtr=%7C

Is it true? Why cannot I split my tax into 4 months n report that portion for PA tax only? No where explicitly explained how to split for part-year resident in PA, so I am confused. Thanks for your answer and help.

2007-03-21 13:36:11 · 2 answers · asked by phillymm 1 in United States

2007-03-21 13:30:41 · 4 answers · asked by Kathy S 1 in United States

2007-03-21 13:22:34 · 1 answers · asked by BAYBAY 1 in Other - Taxes

2007-03-21 12:55:19 · 6 answers · asked by BAYBAY 1 in Other - Taxes

I was wondering if I could claim my sister as a dependent when filing my tax return. We are both from Mexico, she is a student (F-1 visa), and I work for an US company (H-1 visa).

These are the following facts:
1. Nobody else is claiming my sister since our parents
live in Mexico.
2. She does not live with me.
3. She makes less than $3,300 a year.
4. I paid for all her tuition, plus board, room and books
during 2005 and 2006. (She got the 1098-T Form from her college)
5. We are both Mexican Citizens.
6. She is 19 and a full-time student.
7. I am filing as a single person.

I was told that I need to be a US citizen in order to claim somebody as my dependent.

If I am eligible to claim her as a dependent, can I get the "Hope" or the "Lifetime Learning" credits?

2007-03-21 12:29:04 · 5 answers · asked by Evenkeal 1 in United States