Taxes - March 2007

i am 60 next year receiving carers allowance for my husband what pensions will i receive when i become 60

2007-03-11 22:59:19 · 7 answers · asked by Lionel S 1 in United Kingdom

if so how big is the possibility? This was a discussion we were having at work during lunchtime .

2007-03-11 20:54:43 · 2 answers · asked by Anonymous in United States

2007-03-11 19:50:07 · 1 answers · asked by wesley_1971 4 in United States

2007-03-11 19:44:25 · 7 answers · asked by Margaret B 1 in United States

Hi,

I have been in the US for the last 2 yrs, first on a F-1 and now on an H-1B visa.

I recently sold a property in India and had some capital gains which I plan to invest in another residential property there. As a result I am claiming a capital gains exemption in India.

Is there any tax liability on these capital gains in the USA? I would appreciate if you could also send me the sources for your response.

Thanks

2007-03-11 19:42:41 · 2 answers · asked by itq 2 in India

My husband and I are married filing taxes jointly. We need his AGI from last year, but on last year's returns our AGI is joint. How do we calculate his individual AGI from last year?

2007-03-11 19:11:50 · 2 answers · asked by lillimac 2 in United States

It's been down now for a week. I haven't seen or heard any news about this. Have you heard?

2007-03-11 18:54:07 · 3 answers · asked by penbuddy 2 in Canada

It is not a job for me so it is not salary. And it is not much either. I don't know which category in the tax form I should file this earning? Please help, thanks!

2007-03-11 18:23:26 · 2 answers · asked by Anonymous in United States

I have made sure that I am not going to pay penalty.

2007-03-11 18:15:36 · 7 answers · asked by Vikas M 1 in United States

i had a goverment state pension forcast and im only age 32 and it said if i carry on earning what i do know when i reach pension age i will get an avarage of £130 a wk
are the goverment trying to make me old before my time and why did i recive this and is the amount a fair one has anyone else recived one of these ?

2007-03-11 17:54:15 · 3 answers · asked by grandriverrat2005 2 in United Kingdom

I'm an amateur photographer, and am thinking about submitting some of my pictures to stock photo sites. There's a small amount you get paid if your pictures are uploaded (some are 20%, some are 25 cents, etc). I really don't anticipate making very much, maybe a few hundred per year at the very, extreme most. I was wondering if I would have to report this on my taxes as income - even if it's only $100-$200/year. Is there a limit, or is it just all income, no matter how much/little?

2007-03-11 17:47:34 · 6 answers · asked by SeattleGirl 2 in United States

So at my current job my boss doesnt deduct taxes and I asked him what was up he said he was going to 1099 me. I was wondering if anyone could tell me what my taxes would be if he paid me $4800 from Sept-Dec 2006?

2007-03-11 17:41:33 · 4 answers · asked by jc207 2 in United States

I have a travel job that allows me to work from anywhere in US and I moved from CT to TX last year. Will I be able to deduct my moving expenses? I still work for the same company based in GA.

Thank you.

2007-03-11 17:37:30 · 3 answers · asked by techie 1 in United States

Just wondering if anyone knows a roundabout estimate of what I will get back from Uncle Sam if I made roughly 37000 and I have one child. Took roughly 4200 from me. Not itemizing anything .

2007-03-11 17:26:27 · 2 answers · asked by Anonymous in United States

WHAT FORMS DO I USE? I DO NOT HAVE ANY W-2 OR 1099. I HAVE ALL OF THE CHECK STUBS I HAVE RECEIVED.

2007-03-11 17:17:52 · 3 answers · asked by mail4melis 2 in United States

phone from my taxes

2007-03-11 17:17:03 · 6 answers · asked by awallyworldemployee 2 in United States

I just turned 18 and my parents didn't claim me on their taxes, I've worked for 3 different companies over the course of the year 2006 on account of me moving so often. I have received my W2's from 2 of the three jobs I worked this year. I haven't received my W2's from the third job and when I called them to ask if they had been sent out they said yes. I submitted the proper address change paperwork to all the local post offices. The last time i spoke with this company they said they had sent out my W2's and they should be arriving in the mail within 7 to 12 days this was mid Febuary it is now mid March. What should I do is this even something i need to be worried about since i turned 18 in 2007 and the taxes are 2006? I want to file because I think I'll get a return but I don't know what to do? Can I even file without these last W2's or is this fraud? I don't want to get audited or anything! Nor do I want to pay someone to do something that is impossible without said papers! Help me?

2007-03-11 17:08:59 · 4 answers · asked by Anonymous in United States

It lowers the total income on schedule c but I earned the money. Say I claimed 12000
but had 4000 in standard mileage it drops my earned income credit to 8000 as my earned income. Should I just not claim my milage? With 12000 income my credit would
be around 4500.(money refunded)- taxes on
12000

2007-03-11 16:49:24 · 2 answers · asked by lectric lady 2 in United States

I have to file tax returns for the years 2001, 2002, and 2003, and was curious if its possible to skip all the excessive paperwork and just simply use an "E-file" system to process my old unfiled tax returns. How would I go about doing that? Is it possible? If so, what tricks are their to making say the current web sites register for different dates other then the default current year? Any suggestions?

2007-03-11 16:41:41 · 2 answers · asked by Anonymous in United States

Can't seem to find anything on the internet or the IRS Publication 523 that says how LONG one needs to work for the employer to get the reduced tax benefit.

2007-03-11 16:25:24 · 3 answers · asked by bboltmail 2 in United States

2007-03-11 16:19:24 · 5 answers · asked by kevinis23 2 in United States

Hey Guys,

I just wanted your opinion. I made a mistake by sending my Federal Tax Return to Harrisburg instead of the usual PA IRS.

What do you think will happen?
Should I call them or do you think they will return my tax forms to my home address?

2007-03-11 16:17:04 · 3 answers · asked by Anonymous in United States

I went into the IRS website and they said it was mailed out on Friday March 9th. When will I get it? Beggining of the week or at the end of the week? Does anyone know?
(I live in California)

2007-03-11 16:01:49 · 6 answers · asked by Anonymous in United States

Heres the whole story. I worked in Iowa for half the year and in Wisconsin for the other half. (I moved to Wisconsin half way through the year). I was going to get my taxes done for me at H&R Block but my mother insisted that her friend do them. He claims to be an accountant. This year I was independent. I was a depentant the past few years. I paid in a decent amount of money from my paychecks all year. I usually get back whatever I pay in. Im still in college and nothing has changed, so I thought I would get it all back this year. However, I only recieved about $300 back. He said I had to pay into Iowa because I worked and lived in two states . I think that my Mom might have claimed me so that she could recieve more money or I just got ripped off all the way around. PLEASE HELP!

2007-03-11 15:49:12 · 4 answers · asked by Anonymous in Other - Taxes

I own two properties : a condo that I live in, and a condo in another state that I rent out.

Can I claim the mortgage interest of both properties as deductible in my return?

I did my taxes using Turbotax and, with the depreciation, I made a loss on my rental unit. Does this affect anything?

2007-03-11 15:26:44 · 5 answers · asked by ohmygod 1 in United States

Do I have to file an amendment or can I file it on next years taxes? It's a difference of 700.00 that we would owe. (the 1099 is for income of 2500.00. We have already received our refund.

2007-03-11 15:01:14 · 7 answers · asked by pat w 2 in United States

My mom and her friend paid me every week to clean their houses, and my mom watched my kids for me. Would i be able to get the eic? This is actually back in 2003. I never filed because i didn't think i could.

2007-03-11 14:52:57 · 5 answers · asked by mail4melis 2 in United States

is all of the IRA contribution or some of it deductible?

2007-03-11 14:43:43 · 3 answers · asked by Get Back 1 in United States

2007-03-11 14:39:02 · 5 answers · asked by karl b 1 in United States

I've been offered a job in the US by a US company. I'm Canadian and will need to fill out both a US and Canadian tax return. Its a 6 month to a year contract. The job offers to split my salary between a rate of $28/hr and $153/day (7 day) per diem. I know each state allows so much per day in per diem tax free and I'll fall well within that limit. I'll be keeping my house in Canada and will rent in the States while I'm working there. I'm alittle worried about the per diem getting taxed in Canada. It won't show up on my W2 because its tax free in the US. Should I worry about this and save some cash for taxes just in case. I know in Canada its really grey area stuff. What should I do?

2007-03-11 14:16:34 · 3 answers · asked by dgiles1122 1 in Canada