Taxes - April 2007

I live in MA and last year I filed state tax and got some refund. I dont remembering MA sending me 1099G for the refund. I'm wondering if MA send 1099G or not. As I itemized my tax last year I will have to show the state refund as income. but, not sure if I should as I dont have 1099G.

Please let me know if anyone know if MA send 1099G or not. If not then should I include 2005 refund in my income this year.

2007-04-01 13:47:14 · 6 answers · asked by Timbaktoo 1 in United States

2007-04-01 13:41:28 · 2 answers · asked by rntlbrn 1 in United States

I trade shares, but I am not sure about Liability. I am aware of the CGT allowance, but what's the 30days rule and what about shares being traded on same day. Can sell just before 5th April to realize my profit then buy back on 6th? for me, this lock legal and legitimate, because I should be taxed on the profit at the point on the 5th? please help...

2007-04-01 13:28:37 · 6 answers · asked by veryconfused 1 in United Kingdom

Can arrears of Income-Tax be recovered from a Partner's personal accounts with the Banks if the Firm who is an asset rich company but is unable to pay tax because of the shortage of funds?

2007-04-01 13:24:03 · 4 answers · asked by Justanian 1 in United States

I receive dividends for 39 dollars but not got the form? Should I report this income? how?

2007-04-01 13:20:49 · 4 answers · asked by Carlos Andre M 1 in United States

I just did my taxes online... and entered all my deductions in (which I only had one... it was 16,500 for tuition for college)... and i didnt really make all that much... just about 3500..... and when i got to the end of it... it said my federal refund would be $19. does that sound right? should i add more deductions? i didnt add in books because i dont have the receipts for them... and i didnt add in medical/dental/prescription costs cause i cant find all the receipts for that... i just want some opinions on if i should be happy i dont owe... or go after more money. this is my first time doing my taxes... so im just soooooooooo lost

2007-04-01 13:20:00 · 6 answers · asked by Ashley Nichole 2 in United States

2007-04-01 13:10:21 · 3 answers · asked by mgrpupp 1 in United States

I need to pay my 1st quarter estimated taxes. I just started a small business 1/1/7 with me as the only employee. I went to www.irs.gov and can't seem to find what I need to download to get this started. Any help would be greatly appreciated.
Thank you

2007-04-01 13:01:04 · 1 answers · asked by Pete 1 in United States

I'm 20 yrs old college student and in this year tax return, my parents claim me as dependent on their tax return. I was wondering for next years and future returns, should i have my parents claim me as dependent or should I claim myself dependent?

Also what does claim 0 and claim 1 means?

2007-04-01 12:14:43 · 5 answers · asked by Ecchiness 1 in United States

I just want to know if I filed my taxes and I want to know the size of the share that everyone in the house gets it ; in the house there are 3 people included my self , so if my return from taxes was $3,700 how much will be my share and my wife's share and my son's share?

2007-04-01 12:01:21 · 3 answers · asked by Pilot777 1 in United States

I e-filed my tax already. return is low and already on its way. I had my taxes done by a tax consultant and the return is way higher than my e-file. I am guessing that I didn't claim my deductibles. Can I refile my taxes?

2007-04-01 11:58:21 · 6 answers · asked by Anonymous in United States

my friend has already been told her bank account was closed for her. she thought her child support can be taken now. anyone know about this.

2007-04-01 11:54:04 · 7 answers · asked by stefani h 4 in Other - Taxes

I am a college student and worked over the summer. I have about $400 total from state and federal taxes that were withheld. I only made about $2100 so I assume I'll get all of this back, correct?

Also, does anyone know which forms I need (parents are claiming me as dependent).



I Live in VA

2007-04-01 11:27:45 · 3 answers · asked by idontknow 2 in United States

2007-04-01 11:00:35 · 2 answers · asked by imapqler1 1 in United States

I have been waiting for a long time for my Tax check to be directly deposited and trying to find out why it hadn't and finally today I recieved a letter from them saying that The fianacial Instatution did not honor the deposit request and that their going to have to mail it to me and that I wouldn't be recieving it for around four more weeks. I have been doing this for years and don't understand why the problems this year?
Thank You for your help towards understanding this problem!

2007-04-01 10:47:24 · 3 answers · asked by Angel 1 in United States

2007-04-01 10:17:04 · 6 answers · asked by Giskard 1 in United States

I retired after 30 years at one job. my pension is my only source of income{ not old enough for SS yet] IRS wrote stating that my pension is income for my husband when determining how much of his social security is taxable..? when he retired in 2005 the S.S. board calculated his wages+ pension for the year to detemine if additional taxes on S.S. benefit. I Don"t receive those benefits.... but they say the whole amount of $11,000 is to be added to my pension FIRST to find out how much of his benefits are taxable - if this method of accounting is used it immediately places us over the cap of 32,000 for married filing jointly .......? am I being taxed twice{my own distributions are taxable once distributed to me} I feel very violated and I don't know what form to use to do what they want. I earned my pension on my own merits not my husband's. This is all new to me and I cannot get straight answers from either IRS OR S.S who still say his benefits and wages are calculated FIRST .

2007-04-01 10:16:22 · 5 answers · asked by skyy 2 in United States

2007-04-01 10:14:37 · 3 answers · asked by Cris 1 in United States

Can sombody with TIN number receive Earned income credit.

2007-04-01 10:05:06 · 3 answers · asked by BBW 2 in Other - Taxes

2007-04-01 09:50:59 · 6 answers · asked by socmum16 ♪ 5 in Other - Taxes

I've been sitting here for two hours looking at the papers, but haven't even began working with the numbers. I hate this time of year. Any suggestions to get me going????

2007-04-01 09:44:32 · 5 answers · asked by Anonymous in Other - Taxes

I deliver pizzas for a living. I get paid minimum +, but also get tips. When I turn in my tips for tax purposes, do I report all of it or a percentage. I can't get a straight answer from anyone.

2007-04-01 09:43:36 · 3 answers · asked by kiki bird 1 in United States

2007-04-01 09:34:17 · 2 answers · asked by socmum16 ♪ 5 in Other - Taxes

If so what is it? Links please! Thank you!

2007-04-01 09:25:38 · 3 answers · asked by Rick R 5 in United States

What happens when the return you receive from the IRS is more than it was supposed to be? I think I made an error and got too much money back. What do I do now????

2007-04-01 08:52:37 · 6 answers · asked by Kim 1 in United States

Should the 2006 federal withholding charts pretty much match the actual taxes due on the taxable amount, assuming there are no special situations, such as long term/short term capital gains?

2007-04-01 08:14:11 · 3 answers · asked by jsol6528 1 in United States

So unfortunately the only place I had stored the information about my 2005 tax returns (both state and federal) were on my computer. My computer crashed and I lost everything. Does anyone know of a way I could get a copy of my 2005 federal and state return so I can finish my 2006 taxes. (I used Turbo Tax both times).

2007-04-01 08:14:08 · 3 answers · asked by Gary O 2 in United States

I go to college and my parents are paying for most of my education expenses including tuition, board, living costs, and allowances.

If they claim me as a dependent, do I need pay income tax on the money they gave me? Are there deductions possible?

2007-04-01 07:43:22 · 6 answers · asked by blastradii 1 in United States

I am doing a project on 6 physicians that understated their taxable income by $50,000.-$75,000. I am trying to find the actual tax law that states what will happen to you for doing this. i.e.- penalties,fines, prison time, criminal violation and etc. I have to write 2 papers for and against these physicians being sent to prison and really need this information to put in my paper but am having a hard time finding the correct code/law on the IRS website. If you can help it would be greatly appreciated. Thanks!

2007-04-01 07:40:28 · 2 answers · asked by Kristin 2 in United States

I haven't a clue as to if I need to claim it as income, all of it or just what I have made above and beyond my inital deposit.
Does anybody know what I need to do?

2007-04-01 07:07:12 · 3 answers · asked by jerisdream3 2 in United States