Taxes - March 2007

2007-03-08 19:44:41 · 7 answers · asked by Anonymous in India

2007-03-08 19:36:24 · 1 answers · asked by Vinko N 1 in Other - Taxes

2007-03-08 19:09:11 · 3 answers · asked by ssunderagarwal 4 in India

2007-03-08 19:06:01 · 1 answers · asked by ssunderagarwal 4 in India

Are personal loans deductible from business taxes??? if a family member is giving me 165000 as a loan for my business...will i be able to deduct it from my business taxes?? i have a corporation.

2007-03-08 19:00:44 · 1 answers · asked by Chica 1 in Other - Taxes

I am planning on buying a piece of jewellery in Glasgow, Scotland. The price will be between 150-300 pounds ($300-600). I am an American. Will I have to pay any taxes or fees to cross th border?

2007-03-08 16:52:35 · 3 answers · asked by Jimmy R 3 in United Kingdom

Also can the funds be used to purchase a personal residence?

2007-03-08 16:25:08 · 4 answers · asked by marksparlin 1 in United States

He has the right to claim them but she already has.now he is ready to file his. He is self-employed. Will they kick his back out or accept it and make her repay them? His income is higher and has legal custody. or just deny him entirely and make him pay cause he doesn't have dependants?

2007-03-08 16:12:29 · 8 answers · asked by lectric lady 2 in United States

2007-03-08 16:04:06 · 5 answers · asked by powderpuff_713 2 in United States

I used to receive under $500 refund, but this year I ended up paying about $60 dollars. I prefer having my financial life as simple as possible, but I want to know whether there is a certain income level for a single filer to itemize deduction as a rule of thumb.

2007-03-08 15:33:33 · 6 answers · asked by hananimsarang 3 in United States

well this year i work part time and didn't go to school, im 19yrs old, anyways i already filed my own taxes ,and my dad wants to claim me because i'm still leaving with him, is that legal or will i get in trouble with the irs?

2007-03-08 15:27:53 · 6 answers · asked by ed man 1 in United States

If I lived in 2 states and if my w-2 lists only one state should I file for tax returns from only 1 state or both the states ?

2007-03-08 15:17:11 · 5 answers · asked by MAk 2 in United States

I just got a 1099 showing i earned interest on money I did not know I had. I already filed and got my refund (plus spent it). Do i need to refile or send a change or something?

2007-03-08 14:20:56 · 5 answers · asked by hayespoison 2 in United States

I know that in the US you are supposed to report gambling winnings. When you do report gambling winnings however, are you supposed to prove it somehow? How will you know the exact amount of gambling winnings you've earned if you did not recieve a w-2g? Will there be a chance that if i report gambling winnings of 7500 and am not sure if there is more, that the IRS could audit me or penalize me in some way? and i am not deducting my losses.

2007-03-08 14:18:08 · 5 answers · asked by Anonymous in United States

i have never done my taxes before. my parents usually take care of it. but i am worried about next year's taxes b/c i wrote a few checks (to buy skin care products) that my parents donn't know about. i don't know whether i should bring up these checks i wrote. do they matter? will i have to "declare" them or something? All i do is work full time at a local resort, i'm 18 and i have a lot of money in the bank.

2007-03-08 14:17:00 · 5 answers · asked by sheila s 2 in United States

2007-03-08 14:15:34 · 10 answers · asked by Anonymous in United States

2007-03-08 14:15:03 · 3 answers · asked by gailmac2000 1 in United States

i am 13..... but when i turn 16, i plan on getting a ford mustang.
i could afford this if i got a job at lasertron. they pay 9.25$ an hour. if i work 5 days a week and 4 hours a day, i think i could do it.hopefully minimum wage will be higher in 3 years.
the car is $28,000 with everything.
4 hours x 9.25 an hour x 5 days a week x 52 weeks = $9,620.00 what i need to know is how much money does social security take and how much do taxes take?

they say 375$ a month for the car... 375 x 12 months = 4500

9620-4500= 5120.

including gas, 100$ a month and insurance, 250$ a month (jr. driver....)

100+250=350 350 X 12= 4200$

5120-4200$ = 920$

how much do social security take from making 9620$ a year?
tax too.

2007-03-08 13:52:14 · 7 answers · asked by geoff w 1 in United States

2007-03-08 13:42:06 · 2 answers · asked by KRISHNA RAM M 1 in India

2007-03-08 13:28:26 · 4 answers · asked by maurieanne1 1 in United States

Chemstar Financial sent me a check and said it was to cover administrative and processing fees for my winnings. Is this a scam? They want me to send them the money from the original check first and insure it at Walmart and mail it to someone in Canada and then they will send me a $250K check. Anyone heard of this?

2007-03-08 13:26:06 · 11 answers · asked by Grandma sheila45 1 in Canada

I want to submit the oregon state tax. I am in US from November 2006. I want to file the state tax by myself. If i go thorugh online there are charging minimum of $25. If i want to submit myselft what to do? Please answer if any one knows.

2007-03-08 12:48:49 · 2 answers · asked by jain 1 in United States

Say "jim" was together with "sally" for 5 years and they were common law, and sally had a child. Jim took care of the child but was not the biological father and unfortunately they split up. On Jim's taxes, should he declare the child as a dependant? He is not supporting them anymore.

2007-03-08 12:41:10 · 11 answers · asked by Anonymous in Canada

I hardley made any money, I had under 1000 in sales, and most of the sales were purchases I made for myself.

2007-03-08 12:33:04 · 5 answers · asked by katiegirl 3 in United States

I am single with one child and I claim 1 on my w-2.... I am just wondering if I claim the right amount of dependents.

2007-03-08 12:27:55 · 6 answers · asked by elanat 2 in United States

i have left messages to call me back and have recieved no calls or answers.

2007-03-08 12:07:21 · 4 answers · asked by tim_pryce_2006 1 in United States

2007-03-08 12:05:20 · 4 answers · asked by Michael 1 in United States

I might take a management position, which will cut my untaxed income by about 50% I don't want to get stuck with a $2000 quarterly payment

2007-03-08 11:27:16 · 3 answers · asked by Anonymous in Canada

2007-03-08 11:26:05 · 3 answers · asked by gocrazyy 1 in United States

I recieved almost $6000.00 in Social Security Disability Income, State Disabiltibilty as of 05/06 and $700.00 earned income from my previous employer that was accrued during my medical leave.

2007-03-08 11:21:14 · 10 answers · asked by NATALIE G 1 in United States