Taxes - April 2007

Hi, my father passed away in november 2006. Do I have to declare his 2006 taxes? He was single, retired with pension and had no dependents. He lived by himself. None of his children receives any money from pension or other income. Are there any penalties to us his children for not doing it? Thanks so much.

2007-04-11 07:23:16 · 3 answers · asked by Edith A 2 in United States

I didn't file my federal income taxes last year and I owed about $300. This year, I plan on filing (it's not too late!) and this time Uncle Sam owes me over $400. Can I just file both at the same time and hope they send me the difference as a refund, minus the penalties? Any advice would be much appreciated. Thanks!

2007-04-11 07:21:53 · 9 answers · asked by Marketingbabe 2 in United States

2007-04-11 07:21:24 · 1 answers · asked by MonsterEnergy 1 in United States

I am a full-time senior highschool student. In 2006 I made almost $4000 dollars. I am fully dependent on my parents and I don't owe the IRS they owe me a small refund. Also my W-2 forms are lost in the midst of my grandpa, dads friend, mom, and dad who my mom does all their taxes. Please help me!!

2007-04-11 07:00:41 · 12 answers · asked by Anonymous in Other - Taxes

If I drive from home to my office,then from the office to a client and then home, is the mileage from the office to the client, and the mileage from the client to home deductable. Assuming of course that I have kept a log. I know the mileage from home to the office is considered commuting.

2007-04-11 06:57:11 · 3 answers · asked by Anonymous in United States

My wife did some on and off babysitting for a local mother. Total income might be around $800 - $1000, but I am not sure and the lady didn't do any type of W2. Now the lady wants to write off money paid for babysitting, but I didn't include it in my return.

2007-04-11 06:50:32 · 3 answers · asked by JamesW 3 in United States

my mother recently sold an antique table she owned for thirty years. she has her receipt for the purchase in 1975 when she paid 5400.00.... she sold it in 2006 for 17000.00 my question is does she have to file a return. the proceeds were her only income besides her social security and everyone i ask i get different answers regarding what the tax rate will be in such a case.

2007-04-11 06:01:51 · 5 answers · asked by amazed 3 in United States

2007-04-11 05:59:22 · 6 answers · asked by sean_mchugh6 3 in Other - Taxes

2007-04-11 05:53:39 · 11 answers · asked by rkpsop816 1 in United States

I have not received my W2 forms yet. How can I file for a tax extension without these? The problem i'm facing is that they require an estimate for the taxes I owe and I have no clue as to what the estimate would be. I can't even give a rough figure. Also, I have worked in two different states - Colorado and Georgia , would just one extension form(4868) be enough for both?

2007-04-11 05:51:00 · 4 answers · asked by gautam b 1 in United States

Initially I was under the impression that since I was no longer covered by an employer plan I could take the full deduction, regardless of AGI.
Publication 590 has this exception that steered me in this direction: "If you receive retirement benefits from a previous employer’s plan, you are not covered by that plan."
The way I read this, that means I was not covered during the year in question and therefore able to make the deduction.
Am I misreading this?

2007-04-11 05:35:52 · 1 answers · asked by M. 1 in United States

Are photocopies of my 1099's received for Pension and IRA disributions acceptable to the IRS when filing my tax return

2007-04-11 05:29:19 · 2 answers · asked by Michael V 1 in United States

need address to download a state tax form for georgia.

2007-04-11 05:19:22 · 2 answers · asked by ROBERT L 1 in Other - Taxes

So I just opened a Roth IRA and fully funded 2006 and 2007. I was just told that I might have to amend my 2006 tax return. Is this true?

2007-04-11 05:08:55 · 4 answers · asked by RomeoPM 1 in United States

I don't know anything about taxes, but just trying to find out which is the best way to file.

2007-04-11 05:05:01 · 2 answers · asked by unseengyrl 1 in United States

If husband and wife both have a 1099 misc to file and we are using turbo tax whats the accurate way to file.Because when we did it jointly and we do the audit check it says...you told us that 1099 from company name was sent to your husband but you linked the income to a schedule c owned by wife's name.What are we doing wrong or is this okay.Not sure where to go from here. Any advice will help.
Also how do we know if we have to file state tax? Does this have to do with selling anything .If so we do not sell anything. Thanks for all and any answers.As time is coming to an end.

2007-04-11 05:03:42 · 5 answers · asked by Mid 3 in United States

I know that I have to have the 7.5% of my income to qualify, etc. but I was just wondering if it has to be itemize to take them off. I know nothing about taxes, just asking for the person that is doing my taxes.

2007-04-11 04:49:47 · 6 answers · asked by unseengyrl 1 in United States

I paid daycare expenses for my son last year. I am letting his father claim him as a dependant, BUT I claimed his daycare expenses (only)... is this legal? I was able to do so on TaxCut. My son's father and I aren't married, my son's father had his taxes done by H&RBlock and was told I can't claim daycare expenses (I PAID!!) if I do not claim him. Please help.

2007-04-11 04:39:53 · 3 answers · asked by Ran 1 in United States

My Bf Is A Farmer And In America Farmers don't Pay Federal Tax (If You Own The Farm) So He Owes The Government $700 That We Can't Pay Any Suggestions Would Really Help

2007-04-11 04:39:26 · 7 answers · asked by ♥ Mae ♥ 4 in United States

2007-04-11 04:39:02 · 6 answers · asked by Anonymous in Other - Taxes

2007-04-11 04:34:03 · 11 answers · asked by min z 1 in United Kingdom

2007-04-11 04:26:30 · 4 answers · asked by Anonymous in Other - Taxes

2007-04-11 04:23:37 · 4 answers · asked by allengonetruckin 1 in United States

What is the federal short term capital gains tax rate?

2007-04-11 04:23:05 · 4 answers · asked by Fawntel R 2 in United States

2007-04-11 04:22:56 · 3 answers · asked by Adam N 1 in United States

so april 15th is approaching and none of you have done your taxes. shame on you, get it done people

2007-04-11 04:19:19 · 7 answers · asked by sexie 3 in Other - Taxes

I e-filed my NC state return then I discovered a mistake when I printed out a hard copy...I accidentally put down the state income tax withheld from my paycheck as "other federal taxable income deductions," according to my state return. So the "state income tax withheld" block is left blank. I want to correct this. Does it mean I have to amend both my federal and state returns?

2007-04-11 04:14:22 · 3 answers · asked by klutch83 1 in United States

My father in law says that if the GI Bill money received was used for living expenses instead of tuition, one can still claim the lifetime learning credit on their taxes? Is this true? Military.com says living expenses are a legal use of the funds. Thanks for the help.

2007-04-11 04:03:54 · 2 answers · asked by lablover 2 in United States

2007-04-11 03:58:52 · 3 answers · asked by Poochie 1 in United States

2007-04-11 03:57:47 · 3 answers · asked by lenny h 1 in United Kingdom