Taxes - March 2007

What is the deduction per mile?

2007-03-17 07:50:18 · 3 answers · asked by csnkrushin 2 in United States

2007-03-17 07:43:40 · 4 answers · asked by Anonymous in United Kingdom

I just forgot to mail the envelope. So I am aware that I owed about $150. What do I do for this year? Just ignore it and continue with my taxes as if I paid them last year? Is it a big deal? I'll pay the 150 if they ask me for it...but do they actually know about it?

2007-03-17 07:37:56 · 7 answers · asked by FreakyGeeky 3 in United States

I have a shortterm capital loss carryover of about $25K from earlier years of investing in stocks.
I've been deducting the standard $3K yearly from ordinary income as I don't play the market much any more.
If I were to play the market again and show a shortterm capital gain of $25K this year, wouldn't I be able to offset the ENTIRE amount and hold onto the entire gain??
I'm pretty sure I can, but my friend says I can't, and even his CPA supports him. Who is correct??? Shouldn't he get a new CPA?? :)

2007-03-17 07:31:00 · 3 answers · asked by male29california 2 in United States

I have been living outside of the US for the past six years. I never filed a return as I assumed that as my salary was exempt from US taxes, I would not need to file any return. I did not owe the government money right? I know the mistakes of youth. Do I need to file a return or the previous six years. I am still living abroad and will continue to do so for a while but do not wish to get into trouble with the IRS.

2007-03-17 07:18:33 · 3 answers · asked by uneducated hiker 1 in United States

I was just doing my taxes and found out that because I was a tutor for "No Child Left Behind" for a short period of time, it cut my refund in half... because they made me file a 1099 for it...

How dare they? And the private tutoring company never even paid me for the gas that I spent to drive all over the county tutoring the kids....

I hate Bush!

2007-03-17 07:08:40 · 4 answers · asked by rabble rouser 6 in United States

2007-03-17 06:43:22 · 6 answers · asked by Lola 1 in United States

I babysit my neighbor's children (2&4) for four dollars an hour. (3hours a day) The mom told me she's going to claim the childcare on her taxes as a business expense/tax writeoff. How much do I need to set aside so that I can pay MY taxes on this income? *grin*
What started out as a "Once in a while" thing has sure mushroomed.
Also, do you know of a website that explains this in detail? Thanks in advance.

2007-03-17 06:33:43 · 6 answers · asked by Angela :) 3 in United States

2007-03-17 06:18:06 · 4 answers · asked by k_lafriniere06 1 in United States

If one does exist can you tell me what it is? I've heard one doesn't exist but would like to know the truth!

2007-03-17 06:02:37 · 5 answers · asked by Anonymous in United States

I mailed my California state taxes but forgot to enclose my W-2 form with them. What should I do? Wait for them to contact me if they ever do, Or should I send them another copy of my filing with the W-2 attached?

2007-03-17 05:58:09 · 4 answers · asked by Anonymous in United States

Custody is joint.

2007-03-17 05:49:49 · 4 answers · asked by oythebumbler 1 in United States

2007-03-17 05:47:30 · 4 answers · asked by TOMO 1 in India

i e-filed my return on 2-26-07, after a week irs website said i should get refund around 3-13-07. a few days after that it changed and is now saying delay in processing and gives ref.#1201. i lost my job of 16 yrs. last march, drew unemployment for a month then started cleaning homes in may. i filed married filling jointly, showed income from all sources, took deduction of using my car for cleaning jobs and took credit for my husbands 401k. i made est. tax pymts. for june, sept. & jan. so i wouldn't owe anything. help!

2007-03-17 05:47:03 · 7 answers · asked by GAYLA H 1 in United States

2007-03-17 05:44:43 · 2 answers · asked by drzgolfer 2 in Other - Taxes

2007-03-17 05:38:48 · 3 answers · asked by CHARLES ANNE F 1 in United States

That seems higher than the tax brackets I remember in my college accounting class. If I'm heading for a refund @ the end of the year, how can I get them to take less out so I don't have for the end of a year to get it back?

I live in North Carolina, here is what I see on my paycheck:

Fed Withholding 13%
Fed MED/EE 1.45%
Fed OASDI/EE 6.2%
NC Withholding 6.25%

What is all that stuff?

2007-03-17 05:12:12 · 11 answers · asked by Be nice, or at least funny 2 in United States

Small business w/ cafeteria plan where the business pays most of health insurance. A deduction of $20 (or $150 for entire family) a month from employee's pay for health insurance. Is this deducted from Fed and CA state wages on W-2 (1 & 16)?

2007-03-17 05:10:28 · 1 answers · asked by Jill 2 in United States

I claimed my 17 year old son on my taxes (per my divorce decree) and found out his dad did his own taxes so they wouldn't let me claim him as he claimed himself. Now I owe the IRS a ton of money instead of getting a return. My son made $6,000 this year. Is there a way to reverse this? Do I have any other options? I thought the law was that I could claim him before 18 regardless what he made. Thanks!

2007-03-17 05:06:34 · 4 answers · asked by Sha Sha 2 in United States

2007-03-17 04:54:54 · 6 answers · asked by guitarbuttmunch88 1 in United States

I had some problems and Idid not file on time.I like to know were can I sended to.because olmost every year keep on changing the address. thank you.

2007-03-17 04:37:24 · 2 answers · asked by tato 1 in United States

2007-03-17 04:29:35 · 3 answers · asked by 2d3j 1 in United States

I am a salaried employee, do I need to enclose bank statement along with form 16 while submitting income tax return on July 31' 2007.

2007-03-17 04:29:05 · 4 answers · asked by dsp 1 in India

I am a salaried employee, do I need to enclose bank statement along with form 16 while submitting income tax return on July 31' 2007.

2007-03-17 04:28:29 · 4 answers · asked by dsp 1 in India

2007-03-17 04:18:18 · 9 answers · asked by Hoss_Cartwheel 1 in United States

2007-03-17 04:18:12 · 4 answers · asked by mdlewisshonuff 1 in United States

I want to know were I can find out in the proces of taking my 2 cars outside the USA. do I have to pay taxes on them to take it out of the country

2007-03-17 03:51:17 · 3 answers · asked by luis y caro l 1 in Other - Taxes

I received income in the U.S.A. in January and February 2006 but after divorce I moved back to Peru. I also still get interests on a C.D. I have at a bank in the U.S.A.
If I need to file for taxes for 2006, What forms do I need?

2007-03-17 03:37:02 · 2 answers · asked by pinguin 1 in Other - Taxes

someone told me that the taxes that you pay in your pay check, you get payed later on in the year by the state, is that true ??

2007-03-17 02:38:22 · 5 answers · asked by x0x0sara0x0x 3 in United States

rebate of money paid by me to Co. Can I get tax refund?

2007-03-17 02:02:16 · 1 answers · asked by Anonymous in India