Taxes - March 2007

I have no assets, no estate etc. I am 21 years old and in college. I made about $6,000 last year. I think my mom filed wrong because she told me she was lazy. I said I would do it myself, but she said that was stupid...

Anyway, I worked several jobs, but I think she didn't file the other ones. Will I get in trouble for this? I think that at tax time, you are either paid, or you need to pay. Right? What determines this.

I feel like I probably won't owe anything, given my age, lack of assets, property etc. Will I still get in trouble?

2007-03-11 09:53:13 · 7 answers · asked by bones_to_heaven 2 in United States

We are getting a bonus at my work, a lot of the people are talking about changing there tax status for this check so that they don’t get the entire bonus taken away. They will then change it back to whatever they have for the next check. I understand you can claim up to 10. I currently claim 0. What should I claim to get the most money in my paycheck now? 1 thru 10?

2007-03-11 09:49:11 · 4 answers · asked by Anonymous in United States

2007-03-11 09:45:51 · 9 answers · asked by big burts bollox 2 in United Kingdom

i was wondering if my cousin could claim me i do not live with her but she does take care of my clothes, school, and everything else she buys so would she be able to claim me as a dependant on her tax returns?

2007-03-11 09:25:51 · 7 answers · asked by Anonymous in United States

the only form received is 1099int (bank interest) $900 or less and there isn't more income and money to report during the year?

2007-03-11 09:24:32 · 4 answers · asked by Anonymous in United States

2007-03-11 09:23:33 · 4 answers · asked by cheryl h 1 in Canada

2007-03-11 09:18:02 · 5 answers · asked by Cesar G 1 in Other - Taxes

I am a full time college student and should soon be employed with UPS as a package handler, I hope. If I file for exempt does that mean that they won't take any taxes out my check? And if so, do I have to pay this money back? Also what exactly does filing for exempt mean?

2007-03-11 09:15:56 · 6 answers · asked by chi_06@sbcglobal.net 2 in United States

My in-laws have never, ever filed their taxes-what would happen if the IRS ever found out? Could their be possible prison/jail time?

2007-03-11 09:09:41 · 4 answers · asked by buttrfly0216 1 in United States

i live in canada ontario. i live in co ownership bulding for 30 years. our board of director is paying themself out of our money illegaly and all the contractors so called are being paid cash no t4 no contract all cash. i reported them to canada revenue office but nobody is doing investigation or audit of this establishment. i even wrote to prime minister of canada and my concern was forwarded to somebody else.
how can i get the governamet to listen. we need to get rid these people. i have been trying this for the pas 3 years and my complaint or report is bouncing all over the governament without any results.

2007-03-11 08:57:12 · 3 answers · asked by Anonymous in Canada

a chuirch is tax exempt but not an individual pastor who draws millions out in personal dividends.

2007-03-11 08:55:14 · 2 answers · asked by ringading75 1 in Other - Taxes

personally she must owe millions. she should be proud to pay her fair share. She lives a high lifestyle on church dividends.

2007-03-11 08:54:01 · 4 answers · asked by ringading75 1 in Other - Taxes

Don't these fall under finance charges and interest deductions?

2007-03-11 08:48:46 · 3 answers · asked by Anonymous in United States

What do the people of the UK expect to hear in the budget on the 21st March ?

2007-03-11 08:22:51 · 10 answers · asked by knowitall 4 in United Kingdom

2007-03-11 08:11:15 · 4 answers · asked by LeroLero 1 in United States

2007-03-11 08:06:20 · 4 answers · asked by Dan J 1 in Other - Taxes

In 2006 i switched employers. I realize that in 2006 there is a $15K contribution limit to 401K plans. But i have exceeded this limit by $241. Since i never reached the $15K limit with each employer in that year, the automatic correction by each plan administrator never took place.

So now i am preparing my taxes & i have found that execess contribution. Wondering what is my next step in terms of taxes.

2007-03-11 08:06:09 · 5 answers · asked by gapreet 1 in United States

My uncle has passed away and he neglected to pay some 50,000 dollars in back taxes on his business. The children are left with his home that the IRS has levied a lien against. How soon does the IRS come in and take this property for back taxes after the death of the taxpayer? What is the best course of action for his children to take? Paying this loan off for his kids is way over what they can afford. Thank you for any information you can offer.

2007-03-11 07:56:37 · 2 answers · asked by Marie 7 in United States

I did my federal and got the money for that but ran out of time to do my state. How do I go about submitting them so I can get the money. Will I owe because they are late?

2007-03-11 07:47:02 · 3 answers · asked by Anonymous in United States

Hi I'm actually asking for my mom. She's been my daycare provider since I went back to work, and in '06 I paid her $400. She's a homemaker, my father works and they have 3 dependants. I want to use the child care credit on my taxes, but will they come after her for not filing if she doesn't? It's only $80 for me so if it cost her more than that, I'd rather just skip it.

2007-03-11 07:43:15 · 11 answers · asked by CJ'sMomma 2 in Other - Taxes

i have just filed online for my first time, it say's i have been accepted by IRS. What does that mean.
How long does it usually take the check, and for what reason may i not recieve it after being told i was accepted..

2007-03-11 07:40:12 · 6 answers · asked by torque_740 1 in United States

2007-03-11 07:38:34 · 10 answers · asked by sudheerrm 1 in United States

Which form should I use, 1040A 1040EZ or 1040?
I dont have any dependents. Single.

2007-03-11 07:28:31 · 4 answers · asked by Anonymous in United States

If this is true, remember when Oprah gave away all those cars, but some of the people who received them could not keep the cars because they couldn't afford the taxes? Which one is correct?

2007-03-11 07:22:06 · 4 answers · asked by capitalist 2 in United States

2007-03-11 07:15:10 · 6 answers · asked by Paul007 2 in United States

I'm asking because I'm thinking of changing my W4 Form to take an extra 20 out every payday so next year I won't owe anything and might even get a little back.

2007-03-11 07:10:35 · 15 answers · asked by Anonymous in United States

2007-03-11 07:04:03 · 3 answers · asked by mksdbq 1 in United States

Spring hasn't 'sprung', but the clocks are turned ahead.
St Pat's Day is just 'round the bend -
THEN?
Uncle Sam wants YOU . . .
to report and pay up . . .
Are you ready???

2007-03-11 07:02:10 · 4 answers · asked by Anonymous in United States

i was still married and my wife wouldnt tell me how she filed (we were seperated) so i did the stupid thing and not file at all. i now want to fix my mess and pay my penalty. what do i do to fix this problem? any help will be greatly appreciated!

2007-03-11 07:00:35 · 4 answers · asked by Anonymous in United States

I was going through a rough financial period and blocked federal taxes from my check for a couple months and now im scared ill have to pay back a huge amount. I havent calculated what ill owe because im trying to avoid the shock of it =/ i know it will probably be around a thousand dollars and i know the IRS has a payment plan but im currently in a worse financial spot because im about to have a baby and i really cant afford another expense. I know its my fault but i dont know if i should wait to file until next year when i will get more because im claiming a child or just bite the bullet and file this year?

2007-03-11 06:57:33 · 6 answers · asked by g2makeit 1 in United States