Taxes - April 2007

if i make $2400 a month, how much of that goes away?

2007-04-28 12:15:01 · 3 answers · asked by mike 1 in Canada

i AM A SINGLE WOMAN WITH A MOTHER i LOOK AFTER. i HAVE NO JOB AND AM TRYING TO SELL 2 PROPERTIES i WORKED HARD TO RENNOVATE, NOT MANSIONS FOR SURE. i HAVE A PHYSICAL DISABILITY BECAUSE OF A TRAFFIC ACCIDENT AND HAVE SHORT TERM MEMORY ISSUES. mY EX HAS HUGE ASSETTS AND CAPITAL HE HIDES. hE HAS GONE THIS ROUTE BEFORE WITH ANOTHER AND FILED bANKRUPTCY TO AVOID THE PAYMENTS. i THINK HE WILL DO THAT WITH ME..i CANNOT AFFORD A 15000 DOLLAR PAYMENT, LOSS OF CREDIT, AND POSSIBLE LIENS ON WHAT i DO HAVE. hELP

2007-04-28 10:24:40 · 7 answers · asked by Anonymous in United States

2007-04-28 10:02:15 · 2 answers · asked by wade5178 1 in United States

I am afraid I am going to get in trouble and want help getting this fixed. Thanks

2007-04-28 08:12:42 · 7 answers · asked by beengone.playfulfool 1 in United States

Someone I know said they didn't have to do their taxes cause they didn't make anything this year. Is this true? If so what is the amount that you have to be below to not have to file?

2007-04-28 07:35:11 · 2 answers · asked by The D 2 in United States

I have a court child support paper that states "A dependency exemption shall be assigned to XXXX pursuant to the Idaho Child Support Guidelines. The child support obligation as stated above has been adjusted to provide for the pro rata payment of teh value of the exemption" What exactly does that mean? Do I get to claim my child on my taxes or does XXX get to claim him? If XXX gets to claim him even though XXX has only seen him one time in my child's life is there a way to change that so I get to claim my child on my taxes? Please help me understand. Thank you

2007-04-28 07:15:23 · 5 answers · asked by ? 2 in United States

2007-04-28 06:54:48 · 3 answers · asked by Cheryl W 1 in United States

My fiance owns his own business and it is incorporated. He has filed a loss the past two years on the business and his personal income is low. He has tax credit. I earn about 70,000 a year and have standard deductions.

2007-04-28 06:38:31 · 5 answers · asked by Anonymous in United States

paying grand daughter college tution

2007-04-28 06:28:36 · 4 answers · asked by John G 1 in United States

I filed 2006 return, am suppose to get refund. Didn't file 2004 and 2005 because no reportable income. IRS is making me file 0 on forms for 2004 and 2005 because I get a refund for 2006. WHY!!!!!!!!!!!! They are holding my refund until I do this.

2007-04-28 06:24:55 · 7 answers · asked by Cheryl W 1 in United States

do i have tp pay it back i thought the government a few years ago waived all overpayments,as it would cause familys hardship,

2007-04-28 06:17:59 · 10 answers · asked by Anonymous in United Kingdom

I HAVE HAD ONLY 1 MEETING WITH LAWYER. SENT HIM MY MOTHERS 2006 TAXES. HE HAS MADE NO OTHER COMMUNIATION WITH ME. WHAT NEXT?

2007-04-28 04:52:38 · 4 answers · asked by J 2 in United States

friend of mine lives and works in Chicago. In order to pay his taxes he obtained tax id number. Can he use this number to build his credit?

2007-04-28 04:33:29 · 6 answers · asked by Anonymous in United States

I've been doing tax returns for individuals, for about 15 yrs.
I'm looking to expand on that. Any help would suffice.

2007-04-28 04:25:35 · 2 answers · asked by cbwmjr 1 in United States

I need help with these questions.
Evaluate the impact that the fair tax might have on a business:
1) what might happen, in general to the firm's demand?
2)what impact would an inelastic vs. elastic demand curve have on this tax?
3)what would happen to the firm's cost structure?
4)how would firms' that are heavily dependent upon foreign sales be affected?

2007-04-28 03:44:36 · 3 answers · asked by Anonymous in Other - Taxes

2007-04-28 03:01:44 · 2 answers · asked by Sudhir D 1 in Australia

How is it determined what my monthly SS amount will be when I retire

2007-04-28 01:43:31 · 3 answers · asked by bstnrs 1 in United States

Then how is it that we pay taxes on our incomes, purchases and things we own? Property owners pay taxes on the property they had bought. Then every quarter and every year they are required to pay school and property tax on the property that they own and then have to pay tax again on the sale of the property if they do not purchase new property with that money.

2007-04-27 21:18:54 · 9 answers · asked by Anonymous in United States

Why is it that only 61-65 million americans pay income taxes each year? Since that is the case, why is it that an entire town in ohio did not pay their taxes and nothing can or was done to those people. BTW, for those of you that quoted irs codes that is not law. it is a guid line. I want to know where is the law that shows that it is legal to tax a persons income, not their gains, or their dividends. If you could show the law and prove that it is the real law approved and rattified by congress, then you are the first person in this country. Read all of the laws associated with this, not just the ones you are told. Also, if that is the real law then prove it and Ed Brown has agreed to pay 1 million dollars to the person who can prove there is a real law that is in the constitution that says we must pay tax on out personal income. So smart people I tried to get my piece of that million bucks and failed. You try.

2007-04-27 21:04:28 · 7 answers · asked by thumpsterally 2 in United States

2007-04-27 17:56:24 · 5 answers · asked by Daniel P 1 in United States

2007-04-27 15:49:13 · 5 answers · asked by xyz123 2 in United States

2007-04-27 14:25:41 · 4 answers · asked by Rachel R 1 in United States

2007-04-27 13:31:34 · 11 answers · asked by Mike 6 in Other - Taxes

If I filed a for social secutirty will I get that money back at the end of the year?

2007-04-27 13:24:11 · 4 answers · asked by Kid_Chua 1 in United States

2007-04-27 13:23:53 · 3 answers · asked by marco c 1 in United Kingdom

Hi!
I have a sole proprietor LLC. There are no employees. I'll do most of the work with an occasional need for a helper - subcontractor. Do i need a EIN?
How setup taxes for this subcontractor?
Will the EIN influence on my taxes if i will work without subcontractors?

2007-04-27 13:22:42 · 5 answers · asked by Anonymous in United States

does any one know how i can know if theyve sent it already??? i sent it out on feb 20ish..... and ive only received my state return not my federal... they say about 8 weeks but its already been past it... could it take longer than that or more than 8 weeks is too much>??? thanks

2007-04-27 12:34:19 · 5 answers · asked by Anonymous in United States

My refund was approved yesterday and apparently it takes 10 days just to move the money into my account. I turned my taxes in about two weeks prior to deadline (first time ever so don't hate me).

2007-04-27 12:14:02 · 4 answers · asked by lawofconstantcomposition 2 in United States

Is there a time when you known you're safe from audit?

2007-04-27 11:50:16 · 13 answers · asked by Anonymous in United States

My In-Laws are in the midst of having their home forclosed on them next week (have another question pertaining to that).

They have made plans to talk to a lawyer about filing a Chapter 13 to try and save their home. Our questions are:

1) In-Laws live on husbands retirement and SSI (there is a total of 4 in the home, two are minors)...is thisan acceptable form of income?

2) In-Laws haven't filed income taxes for the past 5 years, thinking that they didn't have to because it is SSI and Retirement (don't ask me....I think it's a mess). Will this be a problem, which I think it will be?

3) In-Laws have no "toys": i.e. ATV, RV, summer home, motorcycles. Have one old clunker of a car and as far as we know...no credit cards. The only thing is...they have 3 horses that besides the up keep (which is ridiculous) they also pay to board them. I think that this will be a problem. Am I right? They may not even disclose the horses to the lawyer. Will the courts figure this out?

2007-04-27 11:17:43 · 1 answers · asked by Anonymous in United States