Taxes - March 2007

Even if you already have a job and are merely seeking one in a different part of the country? I recently had an interview about 400 miles from home, so I drove 800 miles to attend it. If this is a tax deductible expense, how is it deducted- by the cost of gas or by mile?

2007-03-10 02:57:57 · 2 answers · asked by Nicole 3 in Other - Taxes

I am 23 full time student who just got married in January 2007. The two questions I have for 2006 IRS Tax Filing are:

1. Do I file as Single (for yr 2006) or as Married filing jointly (Keep in mind I got married in January of 2007 & not in 2006).

2. If I can file as Single since I wasn't married in 2006 can my parents claim me as a dependent and claim Earned Income Credit for me?

I request for genuine and honest answers as this is IRS related questions. Thanks in advance!!

2007-03-10 02:40:45 · 12 answers · asked by patelkush 1 in United States

I hear that I can do the income tax online myself. Is there a safe website where I can do it and where it explains to you step by step? By the way what date is the dead line?, I'm not sure

2007-03-10 02:39:46 · 3 answers · asked by Anonymous in United States

I'm using online Turbo Tax. My W-2 has a box 40 for FSA health care, but Turbo tax does not give the option of entering that. Could this be entered in box 10 (FSA Dependent care benefits)?

2007-03-10 02:30:38 · 1 answers · asked by Arnold M 4 in United States

2007-03-10 02:17:56 · 4 answers · asked by MR PHILIP P 1 in United States

WE ARE CONFUSING ABOUT ON WHICH LINE WE CAN CLAME THE $4000 DEDUCTIO FOR TUITION FEE. PLEASE GIVE ME LET ME KNOW, THANKS A LOT!

SHING

2007-03-10 02:12:54 · 2 answers · asked by Shing 1 in United States

my husband works and claims married filing jointly we have 2 kids.... we filled out a w=5 but the amount was microscopic, what do we need to put on the w-4 in order to get more on our checks rather than income tax?

2007-03-10 01:53:30 · 7 answers · asked by stuffy 5 in United States

My wife and i are hoping to do lots of clothes shopping and i was thinking of buying a guitar out there as their much cheaper than in the uk but i dont want to run the risk of being taxed when i get back through customs. I want to know the maximum legal amount in £s im allowed to bring back to uk without getting taxed

2007-03-10 01:52:30 · 3 answers · asked by Jonnyboy 1 in United Kingdom

I'm a mortgage banker whom has been working with a lot of high networth clients whom tend to be business owners and real estate investors that have very complicated tax returns. I'm looking for a book/guide that will help me become an expert on the them. I understand the schedule E's and the transfers from the corporate Schedule K's to the personal is supposed to be the only income I can use plus adding back the deprecation (the basics) , but I'm looking to get very savvy with this and was looking for a suggestion?

Its more fun debating with underwriting when your argument is crisp. Thanks for your help.

Jason

2007-03-10 01:43:26 · 3 answers · asked by futureislandowner 1 in United States

2007-03-10 00:59:33 · 4 answers · asked by tijo t 1 in India

2007-03-10 00:48:50 · 5 answers · asked by Anonymous in United Kingdom

2007-03-10 00:32:21 · 4 answers · asked by JennyJ 2 in United States

2007-03-09 23:58:31 · 2 answers · asked by Sarah L 1 in Other - Taxes

He works on a commercial fishing boat out of Dutch Harbor Alaska for a Maine company, the office headquarters is in Seattle, but he has an Oregon residence? He spends several months at the end of the fishing season working on the boat when its docked for repairs in Fishermans Terminal in Seattle,and travels back and forth between Seattle and Porland. Does he pay Oregon state taxes or what? Also needs to file back 3 years

2007-03-09 23:57:53 · 2 answers · asked by trixxxi 2 in United States

this company ask me that i have won lottery and they get 2000000
email from 40000 diffrent companies is it realy?

2007-03-09 23:21:42 · 9 answers · asked by bk p 1 in United Kingdom

2007-03-09 23:19:59 · 4 answers · asked by tricia q 1 in United States

am i required to deduct this ? rented out for 5 yrs now and never claimed this. I have read that when i sell I have to pay capitol gains on this.

2007-03-09 23:14:24 · 2 answers · asked by tlfranklin61 1 in United States

2007-03-09 21:36:56 · 1 answers · asked by coopersmima 3 in United States

2007-03-09 21:34:17 · 3 answers · asked by SONAL P 2 in India

I am male and my age is 27 yrs, and my annual CTC is 2.75 lkh and i have invested 18000/- in LIC. Kindly let me know. How much I have to pay the tax???? Exactly how nmuch I need to pay this financial yr?

Thanks

2007-03-09 21:19:51 · 4 answers · asked by Anonymous in India

When filling out tax papers online, and it says to refer to a certain page.. is there a place i can go to view those pages?

2007-03-09 21:05:30 · 2 answers · asked by o0o_tknbbygrl_o0o 1 in United States

2007-03-09 21:05:10 · 9 answers · asked by Donald Duck 6 in United States

single mother with one child. kept children for cash.

2007-03-09 21:02:57 · 2 answers · asked by jeedajen 1 in United States

I have a prescription for bifocal glasses (which I purchased) but I have also purchased a few pairs of readers as backups. Walgreens does not show this as a deductable FSA item however some internet drugstores do list readers as an allowable expense.I would alsowould also like to know if Ensure is an allowable expense. thank you

2007-03-09 20:54:46 · 2 answers · asked by Margaret B 1 in United States

2007-03-09 20:50:21 · 9 answers · asked by nuttydelight2426 1 in India

My company have been administering for salary incorrect for 6 years. They have been deducting my pension contribution from my taxable income and I have been paying tax on the lesser amount. They tell me that as their financial year ends for four years have been closed and agreed the revenue cannot come back and chase me for those 4 years and that I only have the last 2 years to worry about. Is this correct re the revenue and who should pay - I dont think it should be me?

2007-03-09 20:32:18 · 10 answers · asked by adam 2 in United Kingdom

Say a company goes public and raises $100 million through issuing stock, do they have to pay the capital gains tax on this?

2007-03-09 19:41:57 · 3 answers · asked by Tigg3cool 2 in United States

2007-03-09 19:29:26 · 5 answers · asked by vipali g 1 in India

We all live together now but my problem is that they want to move to the next state over because of problems with this house. I want to stay living in this state so that I can go to the college I want to go to. I'm already 18, if that should matter with anything. They're telling me I can't live in this state with someone else if they wanted to claim me on their taxes since I'd be living with another guardian.

2007-03-09 16:16:06 · 6 answers · asked by Anonymous in United States

I know that banking fees are a tax deduction - - but are ATM fees also deductible?

2007-03-09 15:54:01 · 5 answers · asked by lasvegastodd 2 in United States