Taxes - April 2007

I earned 986 pounds last tax year but I pay 201 pounds tax.How can I get my tax back?

2007-04-21 23:56:10 · 2 answers · asked by Linda M 1 in United Kingdom

Hello,

I am 19 years old, My Step-father claims me under his taxes and well I just got a job (I dont go to school) and my manager made me fill out this W-4 Form and he then asked me "Do you want to put down 0 or 1"? Now I don't know which one to put down, I mean I know "0" gets you back more money at the end of the year but with "1" you get little back but more in your paycheck.

Also, I don't leave my step-father anymore, I am staying at my Girlfriend's parents house (in which they don't want to claim me under their taxes).

Even tho my Step-father claims me, can I put down "1"?

2007-04-21 21:51:10 · 7 answers · asked by HiFi 1 in United States

any/all info. types/how paid/loop holes

2007-04-21 20:22:37 · 5 answers · asked by DOG_MA 1 in United States

When I receive a payment - I get a percentage taken out for transaction fees for credit card processing. Do I calculate the sales tax I owe against the full amount of the purchase or after the transaction fees have been taken out?

2007-04-21 18:42:33 · 3 answers · asked by JD 2 in United States

I moved since I filed for the state tax return in MS. On their computer the refund check was already sent out. I was wondering if they allow the refund check to forward to the address if I request it at postoffice. I tried to call MS tax people, but the line was always busy and I was never able to talk to anyone there. If anyone knows please help!!

2007-04-21 16:34:05 · 4 answers · asked by sam 1 in United States

About 10 years ago I bought a piece of land for $58,000 zoned residential in a rural township in the upper midwest. The tax bill should be around $1300/year. ------------------------- The third year I owned it the tax bill was for a different piece of property for only $130. I notified them, they corrected it, and I paid the $1300. The next year they had corrected all the information on the tax bill - except the value. So I got another bill for $130 and have every year since. ------------------------------------- Originally, I had planned on building a home there but due to unforeseen changes in my life I'm considering selling it. What is going to happen when I go to sell it? Will I be reponsible for the approximately $10k they short-billed me? (I am also posting this in the real estate category)

2007-04-21 15:37:40 · 4 answers · asked by fishbulb 3 in United States

2007-04-21 15:09:43 · 4 answers · asked by Anonymous in United States

Can someone tell me the step by step process of donating clothing to goodwill store or similar style places and bing able to get the tax deduction. I have to use the long form for tazes anyway so might as well get the deduction if I can. Oh, This is mainly for used clothing and household goods. Good clean stuff thats left over from multi family house cleaning and yardsale.
Thanks!
I've never donated anything to get the deduction before, my prvious deductions have been drop offs. So I dont know what to expect.Also, Does it matter for taxes when the donation takes place? Such as there is a goodwill store close by in the next state.
Thanks again for any helpful answers!

2007-04-21 14:37:43 · 5 answers · asked by Corinne 2 in United States

I never claimed my son in my 1998 taxes.
Is it possible to claim him now and get the money?

2007-04-21 13:52:09 · 6 answers · asked by cdf 1 in United States

2007-04-21 12:47:49 · 3 answers · asked by cc rider 2 in United States

I am working Min wage, and I want to know the percent of tax in Oklahoma for
FICA EE
MEDICARE
RED W/H
OK W/H
P.S.
I work for Dollar General

2007-04-21 12:40:42 · 3 answers · asked by Anonymous in United States

I am thinking that if I could do the above, my home repairs, and many other expenses would be tax deductible come tax time :)

2007-04-21 12:23:03 · 9 answers · asked by Michael C 1 in United States

2007-04-21 12:06:22 · 8 answers · asked by Anonymous in United States

Should I call one of those debt consolidation companies and see what they can do for me? How does that work? What will that do to my credit? How long will it be affected for? Will I still be able to use credit cards?

2007-04-21 11:54:17 · 2 answers · asked by nycoolman 2 in United States

I received a K2 form and lost $8200 for year 2006. However I filed a joint return with my spouse for the first time and reported I didn't make any income. What can I do?

2007-04-21 11:50:02 · 10 answers · asked by nycoolman 2 in United States

What does IRS FORM 656 do? Will I be getting some sort of discount to pay off my balance of taxes due from 2004 and 2005 if I fill out that form?

2007-04-21 11:47:49 · 9 answers · asked by nycoolman 2 in United States

2007-04-21 11:09:38 · 13 answers · asked by Anonymous in United States

I am trying to do some tax planning prior to selling a stock I have held for a long time (over 5 years). From my understanding, long term capital gains are taxed at 15% rate unless your taxable income would otherwise put you into a lower tax bracket, in which the long term rate is then 5%. Is the gain from the sale of the tax part of the taxable income? I have a very small annual income of about $20,000, but when I sell the stock, I will have a gain of about $500,000. Will it be taxed at 15% rate or due to my low income, will it be taxed at 5%? And if I wait until 2008 (maybe 2009) will it be taxed at 0%? The tax laws are very confusing in this area. Please help me out.

2007-04-21 11:09:10 · 3 answers · asked by georgebc53 1 in United States

My fiancee and I are about to start a new business, but I'm having personal problems with the IRS. If things don't work out with the IRS, I don't want to lose the business. Will incorporating the business seperate it from my personal issues and protect it from any IRS actions that may be taken against me?

2007-04-21 11:05:11 · 8 answers · asked by Ree 1 in United States

how much would it be in the United states?

2007-04-21 09:56:42 · 4 answers · asked by The REBELution! 3 in Canada

Do minors have to pay income tax for large sums of money? If so, what is the percentage? If it varies by state, what is it for Florida? Thanks!

2007-04-21 09:36:14 · 4 answers · asked by Cam 2 in United States

Dear Sirs,
Is a person identified as a Mr.Guy Hamilton affiliated with HSBC London?

2007-04-21 09:18:56 · 4 answers · asked by Anonymous in United Kingdom

Me and my wife made a total of about $12,000 this past year our standard deduction is about 4500 plus she claimed 0 on her taxes so they were taking the maximum amount out of her check should we worry about filing or not?

2007-04-21 09:12:48 · 4 answers · asked by Wiliam M 2 in United States

2007-04-21 08:56:10 · 4 answers · asked by Anonymous in United States

2007-04-21 08:40:58 · 6 answers · asked by Anonymous in United States

I believe they should, but I want to know what others think.

2007-04-21 08:29:37 · 5 answers · asked by Anonymous in Other - Taxes

2007-04-21 08:12:26 · 5 answers · asked by smith 1 in Canada

i sent it in on 17th of april when will they get it and process it and it clears?

2007-04-21 08:05:01 · 6 answers · asked by ? 2 in United States

I have 1 child.

2007-04-21 07:37:23 · 4 answers · asked by Tanker 1 in United States

I live in New York state. I was just hired recently. This is my first time working in this state. say I make $340 a week gross...what can I expect to take home? (Claiming zero)

2007-04-21 07:23:33 · 3 answers · asked by tuxette3 2 in United States