Taxes - April 2007

I have an adult non relative living in my household for the entire tax yr of 2006. They have no income. Can I claim them as a dependant?

Can you supply a website to verify any positive information you provide?

Thank you so much for your help!

2007-04-13 10:57:55 · 6 answers · asked by junie b 1 in United States

You can be just a regular average person and do someone's taxes and have them pay you right? Because there is a section on the tax form where it ask if you are self employed. I am not self employed per say, i work for a living. Are there any restrictions to preparing someone's taxes?

2007-04-13 10:56:00 · 4 answers · asked by byrdman26 1 in United States

Even if elegible for other deductions, like under India Tax Treaty, it's not needed to go through all that since you'll get a full refund of taxes paid anyways..correct?

2007-04-13 10:54:05 · 3 answers · asked by Freaked out 3 in United States

...that with the Fair Tax in the US you would get a "rebate" check EVERY MONTH instead of just once a year? ...that you would not have to file taxes at all?

Think how much better off we'd be with the IRS completely gone...unless you are an accountant or a tax evader or here illegally.

Your thoughts?

2007-04-13 10:45:00 · 5 answers · asked by Anonymous in United States

(A range would be fine).

2007-04-13 10:43:08 · 3 answers · asked by Gretta 3 in United States

Okay i am a newbie! And i want to get started what do you need and what do you do next. And what edited? Please

2007-04-13 10:36:15 · 4 answers · asked by Anonymous in United States

I have been living in MA all year as a student and have no income from RI, only MA income. However, I continue to use my parent's RI address as a permanent address, including on my Federal 1040 form. I have no intention to return to RI after graduation so I do not consider myself domiciled there. Do I still have to fill out a RI state tax return? Thanks in advance for any answers.

2007-04-13 10:19:08 · 2 answers · asked by pharaoh 1 in United States

2007-04-13 10:18:29 · 4 answers · asked by chica 1 in United States

I just found out that somebody filed a tax return with my ssn under my name. Who should I go to put a stop to this??

2007-04-13 10:17:39 · 3 answers · asked by adnan_jiwani1 1 in United States

I have been in a payment plan with the IRS for 4 years, during that time I have accrued a lot of interest. I am wondering if any of that is deductible when I file subsequent years or amend the years previous.

2007-04-13 10:06:28 · 3 answers · asked by David D 1 in United States

First Time Tax doer..

2007-04-13 10:06:03 · 3 answers · asked by Anonymous in United States

where do I get forms and what forms would I need to get?

2007-04-13 10:05:50 · 3 answers · asked by squeezycook 1 in United States

2007-04-13 09:21:34 · 6 answers · asked by j1d4m 1 in United States

Ok, last year I won on 2 slot machines at a casino. I received 2 seperate W-2g forms. I they both total, say $2700.00. I lost one of the w-2 G forms. I had been calling the casino to see if I could get a replacement, but to no avail. So I went on and filed the return and put 2900.00 as reported gambling winnings using all of the info on the one W-2 g form that I had. ( I learned that understating income is a NO-NO...) Does anyone know if I will trigger an audited for doing this even though I listed more winnings than I actually won? I was simply trying to not have the IRS on my butt. Any comments would be appreciated, especially those who really know the deal. THANKS.

2007-04-13 09:18:04 · 5 answers · asked by Anonymous in United States

Ok...I know I royally screwed up last year. I changed my dependents at the beginning of 2006 to 7 (I was having a hard time and I heard this would help get more money on paycheck) I didn't realize until I went to get my taxes filled out last month that when you do that all year long you will not have any Federal held out on you. I should have only did that for 6 months. When H & R Block told me this I was scared to death. I didn't fill them out then. People I talked to told me to wait until the very last day to file. So that is what I was planning on doing today....well sadly my fiance's aunt passed away yesterday and we have to travel 250 miles one way to go to the funeral this weekend. I will not have the money to file. I called and ask for an extension and they explained to me how to do it but told me if I owe anything it has to be paid before April 17th but how will I now how much I have to pay if I am not filing yet?Also, is there anyway I can get an extension on paying it back?

2007-04-13 09:14:30 · 5 answers · asked by Vanessa 1 in Other - Taxes

They already pay something like 25-35% of their salary to tax, plus they make more in interest, dividends, investments, etc. that they get taxed on, they have a bigger house so their local taxes are higher, they spend more so they pay more tax that way, right? Isnt there more tax on a Mercedes than a Kia? I understand they make a ton of money but it isnt fair. They already pay a higher percent to taxes, right? And a higher overall amount to taxes, right? What else do you want. What if all the people that made 30k a year wanted to tax the people who make 55k a year. Hey they make more than me so kill them with taxes. Rich people are already paying a much higher percent of their income to tax. I dont see this as a solution to any problem. No matter how much you give the government its not enough. The only way to fix the gov. financially will be to get honest politicians, o wait they dont exist lol,and cut wasteful spending

2007-04-13 09:04:52 · 11 answers · asked by mmmmmmm 3 in United States

2007-04-13 08:58:24 · 3 answers · asked by mudd 1 in United States

If husband and wife are filing separately to decrease their taxes, can they mail both their returns in a single postage mail if both were to go to the same address?

2007-04-13 08:38:04 · 7 answers · asked by Anonymous in United States

I owe $2,000.00 dollars. What would the interest rate be,how does it accrue, how long would i have to pay if I went the IRS payment plan route? I know I should have them take more out during the year, but if I did, I could not live on my paycheck.

2007-04-13 07:45:00 · 6 answers · asked by TheWiseOne 2 in United States

2007-04-13 07:43:10 · 9 answers · asked by Chris J 1 in United States

She says she can do this because (she claims) the child stays with her 25% of the time (does visiting on the weekends count) because she feels like she should get money back for helping him with the children from time to time

2007-04-13 07:32:15 · 7 answers · asked by some B 2 in United States

2007-04-13 07:20:21 · 2 answers · asked by some B 2 in United States

Do they want that one attached?

2007-04-13 07:04:39 · 7 answers · asked by tess 1 in United States

2007-04-13 06:58:43 · 12 answers · asked by Shawn 1 in United States

I filed my taxes way back in february and I still have not got my taxes back, whats going on!! I'm only 17 and im not getting much back, like a little over $300, but money is money. And my uncle just got a thing in the mail saying he owes money, when after filing his at the bank, they said he would be recieving the amount it says he owes. I heard there was a scam thing going on but im just trying to set things straight.

2007-04-13 06:47:19 · 15 answers · asked by chuck_t1010 1 in United States

2007-04-13 06:46:53 · 3 answers · asked by Sailor 2 in United States

How much should a 26 year old single man pay in taxes when he earned 14,000 dollars in employment, 34,000 in self employment, and had 15,000 in expenses? In Indiana, although the self employment was in kentucky?

2007-04-13 06:40:25 · 1 answers · asked by Marusia 2 in United States

I have a 401K that is vested for around 100000 US$ and I am allowed to take it after I leave the employer. I do plan to go back to India. Is it possible to take 15,000 $ per year and avoid paying federal and state taxes ( Since Iam out of country and not a resident + it falls with less income per annum). Is there a penalty that I have to pay while taking money out. I will have closed all my bank accounts except this IRA/401K account and so how would I pay the penalty and any taxes that might occur. Please advice.

2007-04-13 06:35:54 · 4 answers · asked by Bala Gopalakrishnan 1 in United States

I was doing some thinking and I have come to the conclusion about a certian tax our goverment ought to do in every state.
The United States talks about our health care problem and you know it really is a problem, so I propose that our Goverment take 2.00 a week out of everyone in the United states pay checks thats only 8.00 a month from everyone but then we all in the United States who are from here get free Medical and no more worries then with most that money, they pay Doctors/Hosp/Medications/ etc, I think it would work, whos for this? I mean since our country send other countries tons of money for help etc, I think we all can help each other, I think most people in the US would go for this if it were proposed and yes i do work and yes I would not mind this happening.

2007-04-13 06:32:01 · 2 answers · asked by Gina 4 in Other - Taxes

Oh, help.. I never saw the document from my bank giving me my taxable interest, now what? I didn't TRY to procrastinate on this, but it ended up happening anyway and I'm trying to do my taxes now...

2007-04-13 06:13:04 · 3 answers · asked by Anniekd 6 in United States