Taxes - April 2007

2007-04-17 06:27:03 · 6 answers · asked by Anonymous in United States

My primary residence is in Fl, and my wife and I have lived in it for over 2 years. I plan to refinance later this year and cash-out about 100k in order to remodel my home. Will I be responsible for capital gains on the cash-out?

2007-04-17 06:20:36 · 8 answers · asked by P_Money 2 in United States

Do I need to file a form for Disability Benefits? If so which one?
Do I need to file a form for Child Support? If so which one?
Do I need to file a form for Spousal Suport? If so which one?
California......
First time doing my taxes myself...hurry...times running out!

Thanks for your input!

2007-04-17 06:19:11 · 5 answers · asked by buggie 3 in United States

I went to asu-n and got my cdl and the trainers in there said that i did not need reciepts to claim the max per diem. unless i was getting audited. i live in arkansas and travel all 48 states. what advise can you give me on this. any web sites you have that share this information will help, thaks

2007-04-17 06:17:25 · 4 answers · asked by money maker 1 in United States

A tax preparer informed me that since i work temporary short term construction jos, I can claim $30 a day for this in unreimbursed employee expenses. Is this correct information?

2007-04-17 06:12:18 · 2 answers · asked by sedatealluhate 2 in United States

2007-04-17 06:01:24 · 6 answers · asked by mfp 1 in Other - Taxes

Is it worth filing taxes. I made about 2000 dollars. I'm single and live at home with parents. I don't have dependents and I'm over 21. Should I file or not?

2007-04-17 06:00:35 · 4 answers · asked by Junia Z 3 in United States

The company I work for switched to ADP and now I owe an extra 7% at tax time even though I CLAIMED ZERO DEPENDENTS!!! Why did ADP do this to me?
There is nothing weird about my taxes, just a straight hourly with no OT or bonus pay.

2007-04-17 05:59:29 · 3 answers · asked by blinky doodles 4 in United States

I just got done with my taxes, I have a sole proprietorship and am about to send them in however I earned $212 (according to the government in my eyes I actually lost money). I did not withhold fica or medicare for this profit do I now have to pay it? Or is there a minimum before you have to pay?

2007-04-17 05:57:32 · 3 answers · asked by big_a57 2 in United States

Original 100 shares recorded 1.1.99; current 132 shares. The value dif=$1. Is this $1 CG for which I pay tax on income? This is only stock I've ever owed--novice here at age 64.

2007-04-17 05:51:40 · 7 answers · asked by Anonymous in Other - Taxes

Where do you enter the deductions of mileage used for a business and personal vehicle for a partnership business? My aunt and dad are going insane trying to figure it out. Thnx

2007-04-17 05:43:38 · 2 answers · asked by ima gurl 3 in United States

I forgot that I had to file paperwork for another state that I lived in for most of last year until I moved out in the end of November. Will they still accept my paperwork in that state even after the due date of April 17th? Will I be eligible for a refund?

2007-04-17 05:26:31 · 5 answers · asked by Dee 1 in United States

I had a business about 2 years in NJ, it was a corportation, tax id, everything. I no longer have the business. dissolved it . Do I have to pay this tax due? Will I as an officer be responsable for it? Just asking.

2007-04-17 05:25:01 · 2 answers · asked by Anonymous in United States

In addition, if we have a joint bank account, how should we split the interest?

2007-04-17 05:17:09 · 8 answers · asked by Stanyan 3 in United States

i have a relative who has been unemployed for several years, and this combined with other things led him to attempt suicide a couple of months ago, when he could no longer pay the rent.

he finally got help (medication), and a friend took him in, but she is a schoolteacher like me, and no better off financially.

i have been sending money to this relative to help out as much as i can. he is another state, so i can't claim him as a dependent, and i don't want to, but can i deduct the amounts i send him on next year's taxes? and if i can, what evidence do i need- would the checks be sufficient?

2007-04-17 05:15:58 · 4 answers · asked by leilani 6 in United States

I am a single parent, and my dependent lives with me full time. I pay monthly rent for room in my sister's house. Do I qualify for the head of household status for tax purposes?

2007-04-17 04:58:52 · 4 answers · asked by Janelle B 2 in United States

If I sell the stock and gift the proceeds value of $9,000, will this meet federal guidelines of gift up to $12,000 yr, i.e. I will not have to pay any taxes on the stock proceeds? If I gift the stock certs and daughter sells stock, does she pay taxes on proceeds? I am retired age 64 and daughter is 32 and self-employed.

2007-04-17 04:51:00 · 2 answers · asked by Anonymous in Other - Taxes

2007-04-17 04:32:15 · 8 answers · asked by sumthinlikea 2 in United States

2007-04-17 04:25:02 · 2 answers · asked by richard h 1 in United States

And is it free or will I charged for a fee?

2007-04-17 04:18:47 · 3 answers · asked by Anonymous in United States

I don't know where my certificate is. Last year IRS didn't ask for the certificate number & who issued it. This year they are. I called the bank that issued my mortgage. They said they can't tell me how to find the certificate number. How do I find out my mortgage certificate number & who issued it.

2007-04-17 04:12:35 · 4 answers · asked by GretchenGold 3 in United States

Our daughter was born in May '06. We had trouble with a spelling error on the vital record, with the result that we still haven't gotten her an SSN.

(It's my understanding that we absolutely CANNOT claim her without a number. Is this technically true!?)

Anyways, my question is this: If we file now without her, can we modify our filing later on, after she has been given a number? Like, if we apply and get her a number next month, is there a form we can submit changing our 2006 taxes after filing, so that we can still get the deduction?

2007-04-17 04:02:26 · 6 answers · asked by zilmag 7 in United States

I e-filed last night (4/16) and got confirmation from the IRS this AM. Do I need to have the 8453-OL form post-marked by midnight tonight? Thanks in advance.

2007-04-17 04:00:27 · 3 answers · asked by Jason D 1 in United States

I was recently forced to pay my medical insurance provider back $188,000 for services given to my son for a spinal cord injury. The reasons were the medical plan was a qualified ERISA and my son received compensation from a third party. The funds he received were placed in a structured settlement for future payment and are far short of what his life care plan assessment projects his future medical costs to be. Bottom line is that I was forced to reimburse the insurance company for all medical expenses which in my view would classify the payment as a medical expense.

2007-04-17 03:55:06 · 2 answers · asked by wayne s 1 in United States

2007-04-17 03:49:51 · 1 answers · asked by powdermill 1 in United States

2007-04-17 03:43:23 · 1 answers · asked by Theresa S 1 in Other - Taxes

2007-04-17 03:42:27 · 7 answers · asked by poodah_2006 1 in United States

2007-04-17 03:34:38 · 5 answers · asked by jim t 1 in United States

i decided to do my taxes this year. however, earlier in the year i consulted with a CPA and went over my estimated taxes. i paid her for her help at that time. she contacted me this march and i told her i was going to do them myself. i just got an email from her telling me she would be happy to look them over for me no charge. What's the catch? I would love for her to look at them but now sure why she would do it for free. Tax season is over but it would be nice to see if she catches something i missed for next year.. What are your thoughts?

2007-04-17 03:27:58 · 5 answers · asked by Mrs.Melanie 1 in Other - Taxes

i sold a business last year & the buyer is paying me in monthly installments. under what catagory i am supposed to file my taxes ?

2007-04-17 03:27:54 · 2 answers · asked by balpreet s 2 in United States