Taxes - April 2007

2007-04-13 15:35:20 · 8 answers · asked by d 1 in United States

when u file ur taxes how do u know if u owe the govt money or if u get a refund? i have to do my taxes for the first time this year and dont know anything? help.

2007-04-13 14:57:58 · 5 answers · asked by kroox127 1 in United States

2007-04-13 14:46:16 · 4 answers · asked by Anonymous in Other - Taxes

2007-04-13 14:18:00 · 6 answers · asked by Anonymous in United States

2007-04-13 14:17:26 · 5 answers · asked by Anonymous in United States

A constant income in the goverment supports growth. Also you know what you pay and it is automatically taken out of your check. Do you think this would help all in the end?

2007-04-13 14:09:08 · 4 answers · asked by Anonymous in United States

If wages had kept up with production in this country the medium income wold be $60,000 instead of $40.000.
Henry Ford was asked why he payed his workers so much, and he replied "so they can buy my cars." Some how this simple concept has been lost on the business community.
You lower taxes for the middle class and another branch of goverment (state, federal, and local ) raise fees. Texas is a prime example of this, just look into thier plans for toll roads: which are a tax in disguise, and the money pulled out of this will not go into the public coffers, it will go to investers who are granted a monopoly.
The heads of corporations are over compensated i.e. over a 190 million doller retirement package for the retiring CEO. of Exxon Mobil.
EVERY NATION THAT HAS FAILED TO MAINTAIN A VIBRANT MIDDLE CLASS HAS FALLEN. Learn your history, or are we to wait until the peasants are in the streets with pitch forks, and torches, while the 1st lady says "let them eat cake".

2007-04-13 14:05:49 · 2 answers · asked by Richard D 1 in United States

i haven't filed an extension, but i do live overseas (i think there's an automatic extension for that). if i'm just a week or two late, what's going to happen?

2007-04-13 14:00:14 · 8 answers · asked by nitsrek 3 in United States

i came in usa in 2005 as an international student.since we are allowed to work for 20 hrs per week in school. so i worked in my school so the w-2 form that i got for 2005.. i didnt file it because i din't know much about it then.. but this year i filed my tax return for 2006 and already got a refund as well but i found out that we can file earlier taxes as well.?? as i checked my w2 form i found out that i should get a refund from both federal and state.. but since i dint file in 2005, will i owe to fed. and state tax money... ?? please help me in this matter.. i would really appreciate.. your response..

2007-04-13 13:41:43 · 3 answers · asked by antz 1 in United States

taxes only under her name, can she claim our children? He usually claims 2 of our kids though they live with me or do they have to file joint?

2007-04-13 13:34:13 · 14 answers · asked by Cindy 1 in United States

Why has President George Bush spent tens of trillions of our tax dollars on this needless war as our country goes in more debt, and he cant even pay his own taxes???

( From the news )
Bushes owe $186,378 in federal taxes for 2006

What was that old saying ?
Do as I say Not as I do ?

Lets not pay our taxes and see what happens!

2007-04-13 13:32:44 · 7 answers · asked by Anonymous in Other - Taxes

2007-04-13 13:15:31 · 2 answers · asked by castille_g 2 in Other - Taxes

2007-04-13 13:13:11 · 2 answers · asked by medfieldmike 2 in Other - Taxes

2007-04-13 12:56:58 · 5 answers · asked by AnnIRS 1 in United States

This year I filed my taxes with TurboTax. As a result, Intuit charged me electronic filing fees, so did the company that handled my tax payment to the IRS. Then there's the payment to the IRS itself.

Of these three, which can I deduct for next year's return?

2007-04-13 12:55:55 · 4 answers · asked by The Light™ 4 in United States

I am a California resident. Do I entere the amount on Schedule A as well as Schedule E? Turbo tax ask me for the amount in both location. However, at the end, it seems that the total mortgage interest is higher than the amount received on my 1098.

I have a four-plex and I live in one of the units. For instance, if I paid interest of $20,000 for the year, do I report only $15,000 on Schedule E and report the $5,000 on Schedule A? Should I entered $20,000 on both questions for Turbo Tax to calculater the income for rental property as well as the 'credit' section for Turbo tax?

Please help me out with this? Is this also applicable for the property taxes paid during the year?

I appreciate your advice.

2007-04-13 12:45:31 · 3 answers · asked by LAD 2 in United States

checking account, the bank is Regions if that helps.

2007-04-13 12:41:15 · 9 answers · asked by topher4193 2 in United States

My friend doesn't have enough $$ to pay her taxes--she has only about half of what she owes.

If not too late, what should she do? What form(s) does she need?...(NEW JERSEY).

Thanx. Best answer = 10 points.

2007-04-13 12:41:11 · 4 answers · asked by Anonymous in United States

2007-04-13 12:33:08 · 3 answers · asked by vintagehound 1 in United States

how can i file my state taxes if i dont have my pin or last years papers

2007-04-13 12:24:06 · 4 answers · asked by SEXY Bitch 2 in United States

2007-04-13 12:12:13 · 2 answers · asked by greg f 2 in United States

If you are self-employed and use a Schedule C, then you may ADD up ALL you medical expenses (chiropractic , dentist , optometry , health insurance premiums, any indemnity plans (AFLAC, Family Heritage, etc. premiums), your co-pays, deductibles, prescriptions drugs, and over the counter if you put the date and what it was specifically used for. EXAMPLE.
Say you have 4000/yr in premiums, your deductible was 7500, your co-pays were 20 per time. Your prescriptions were 750 and 175 in overthecounter meds. SO 4000 + 7500 + 200 in co-pays + 925 in prescription and overthecounter meds + 1800 in AFLAC + 20,000 dental bill + 600 in chiropractic bills = 35,025 ou now take what sales % tx bracket you're in + your state taxes % if any + 15.3% of SS taxes you owe since you're self employed. Say you live in AR
15% + 7.5% +15.3% = 37.8% x 35,025 =
13,239.45 IN TAX WRITE OFFS..If you use Schedule F - line 17 It's called an Association 105, it's legal, by the IRS since the 50's - ask your CPA

2007-04-13 12:04:12 · 5 answers · asked by Tracey C 1 in United States

If I win $10,000 from a state lottery and I have $10,000 in loseing scratch off tickets can I reduce the taxes I have to pay on my winnings to nill?

2007-04-13 12:01:27 · 7 answers · asked by specdro 2 in United States

My friend doesn't have enough $ to pay her taxes--she has about half of what she owes.

If not too late, what form(s) does she need? (State of NJ).

Thank you. Best answer gets 10 pts.

2007-04-13 11:48:58 · 4 answers · asked by Anonymous in United States

CAN U FILE BOTH 2005 AND 2006 INCOME TAXES AT THE SAME TIME, FILING ON MY OWN, IN 05 I HAD JUST BEEN WORKING FOR 2 MONTHS, THEN RECIEVED W2'S I WAS ADVISED TO WAIT UNTIL THIS YEAR TO FILE BOTH...IS THAT CORRECT? (NOT YELLING, CAPS STUCK)

2007-04-13 11:40:02 · 5 answers · asked by Kaylah's Mommy 1 in Other - Taxes

Does anyone know the percentage they use for the Federal Income tax withheld box?

2007-04-13 11:24:11 · 3 answers · asked by diharpie 2 in United States

I read somewhere that being a student can be a deduction, or something like that. How can that help me financially, and what tax form do I use for that, and what do I do?
I hope someone can understand what I'm trying to say. lol

2007-04-13 11:19:48 · 5 answers · asked by Tony 6 in United States

2007-04-13 11:18:14 · 1 answers · asked by megrlvn 1 in Other - Taxes

2007-04-13 11:11:54 · 3 answers · asked by Anonymous in United States

What tax software do you use, if any?

2007-04-13 11:09:59 · 13 answers · asked by Tony 6 in United States