Taxes - May 2007

2007-05-23 16:34:23 · 1 answers · asked by storm_snow7 1 in United States

i want to work at u.p.s. and it says that the hourly rate is 8.50-9.50 and after tax is taken out you make from 110-150 a week.

2007-05-23 16:15:18 · 7 answers · asked by mbz333 2 in United States

2007-05-23 15:37:21 · 2 answers · asked by Dmitry L 2 in United States

I am filling out forms for financial assistance for college and i need to obtain my tax forms from last year but I have either lost or missplaced them. Is there a way to get a copy of them and how?

2007-05-23 15:32:13 · 5 answers · asked by dc09 1 in United States

2007-05-23 15:28:51 · 0 answers · asked by Mr. 17-5 1 in Other - Taxes

2007-05-23 15:26:42 · 3 answers · asked by Mr. 17-5 1 in Other - Taxes

My husband is an architect currently employed with a firm. He just got a freelance job on the side, which is expected to pay him around $26,000 over the next year or so. (This is additional money on top of his salary from the firm, which is around $55,000.)

My concerns are:
1. How do we figure out how much of this will be owed to the IRS / state of California in taxes? (We want to set the money aside as we go so that we don't get screwed in April...)
2. Is it true that we have to pay quarterly taxes?
3. Does my husband need to file for some sort of tax ID number for this independent job he is doing on the side?
4. This freelance money is obviously separate from my husband's salary from his firm, but is all the money reported on the same tax forms?
5. Anything else we need to know that we're not even thinking about??

Please help! So confusing...

2007-05-23 14:54:56 · 9 answers · asked by Anonymous in United States

my spouse and I were separated and she filed as head of household while I didn't file at all. I know that this was incorrectly done and I need to know if it can be fixed.

2007-05-23 14:33:07 · 7 answers · asked by th3w4cko 1 in United States

If what inside the package is some expensive Japanese toys and games, because I afraid they gonna spoil my stuff.

2007-05-23 12:55:27 · 2 answers · asked by Anonymous in Other - Taxes

2007-05-23 11:48:04 · 5 answers · asked by sylnyman 1 in United States

2007-05-23 11:47:11 · 4 answers · asked by Anonymous in United States

The single family house is primary residence bought at $260K with $50K down. Current market price is approximately $390K or more. Is it better to transfer now as a gift or place it in my will as inheritance with deed/trust for my niece to avoid taxes on me. I know I am entitled up to $250K income for sale of primary residence, but my niece just came from a foreign country and working as a nurse for two years. She recently got married and now has a family of her own. She has no enough savings to purchase the house at market value and I would like to sell or transfer the house to her at cost or loan balance of $190K. What are the repercussions on me regarding the equity gift? Can I sell it at cost of $260K to her, below the market value with no penalty? Please advise. Thank you.

2007-05-23 10:44:27 · 3 answers · asked by Wealthy 1 in United States

can you put your back taxes on a bankruptcy

2007-05-23 10:37:28 · 5 answers · asked by Lynn B 1 in United States

can you fail bankrupce on the i r s

2007-05-23 10:24:45 · 2 answers · asked by Lynn B 1 in United Kingdom

I purchased a stock during 2007 and it has gone up in value. Assuming I hold the stock for 2 - 3 yrs, do I have to report the increase in value to the IRS or only after I sell it.

2007-05-23 09:14:30 · 6 answers · asked by jgb 1 in United States

The house was built overseas by my father, who died and left it to me, I sold it, and now am wondering if the money i bring back to the states is taxable.

2007-05-23 09:03:42 · 3 answers · asked by Kmac311 1 in Other - Taxes

Are you eligible to get a tax return from the federal taxes you paid out of your pay check if you were claimed as a dependent on someones tax return?

2007-05-23 08:32:09 · 5 answers · asked by Tim 5 in United States

My uncle manages my dad's pension money in the UK and wires me the money for his expenses (my dad is severly disabled). I deposit this money in my mom's account in Costa Rica (that's where they retired) and since she takes care of my dad. The reason for this is everybody involved is terrible with wire transfers and any change causes major trauma, lost money and a few months delay to get the money straight. I always end up having to pay my parents' expenses for a while when this happens (don't always get paid back), so I just set it up so I can handle it to make it easier. My question is, is this money considered taxable income for me since I'm in the US?

2007-05-23 07:50:26 · 5 answers · asked by Ana G 1 in United States

Curious about this usually its about 75% for a college student (roughly). This is in Pennsylvania by the way. Gross pay this week will be $640 how much should I expect to actually recieve?

2007-05-23 07:17:36 · 4 answers · asked by sickofthissite 2 in United States

I'm now trying to decide if I should split up my bi-weekly hours or combine all 4 weeks for one check because I was told they will take a lot more out for taxes.

2007-05-23 07:00:11 · 4 answers · asked by Anonymous in United States

tax where i am is about $0.08

2007-05-23 06:42:45 · 16 answers · asked by sk8rvolcomstone 1 in United States

2007-05-23 06:29:51 · 6 answers · asked by WARYAA 2 in Australia

2007-05-23 05:29:13 · 4 answers · asked by Real Talk! 1 in United States

she has obtained my social security number from my ex wife, who got my ss# from tax forms and from the IRS, and I fear she will use it to steal my identity. What can I do to avoid this from happening?

2007-05-23 05:17:42 · 6 answers · asked by Joe M 1 in United States

2007-05-23 04:32:49 · 4 answers · asked by MS B 2 in United States

After college I went to work on cruise ships and have recently returned to the DC area permanently. I am (currently) temping and am on target to make (roughly) 26,000 this year... I don't own my apartment, I rent, and as you might expect, the DC Metropolitan area is pretty expensive... I'd rather have the money now than recieve a refund from the IRS at the end of the year.

Advice, suggestions?

2007-05-23 04:13:21 · 5 answers · asked by Joey L. 2 in United States

I work 8 hrs a week at 8 an hour. I have another job. But Im just wondering how much will be taken out for taxes.

2007-05-23 03:56:39 · 4 answers · asked by Rachel A 2 in United States

Also do you really have to have an attorney draw up a will or can you just appoint an executor to divide things as you wish on a pre formatted form that can be purchased from the stationary stores?

2007-05-23 03:31:44 · 2 answers · asked by livewire 4 in United States

I am completing my first years corp. tax return. After my earnings of £30k I made £12800 profit so I paid myself a dividend of £11k.
Is my CT based on £12800 or £1800 and would I have been better off to have taken the £11000 as a salary rather than a dividend.

2007-05-23 03:23:09 · 3 answers · asked by Anonymous in United Kingdom

We submitted an amendment via a professional tax preparer for 2006 with deductions we were told we could take. It was transferred to the IRS's Internal Examination dept. (See question I asked yesterday for details) I now know that most of them won't be allowed. Does this mean we will be audited? Or will they just disallow or reject it and that will be the end of it?? The only refund we've collected is from the original return, which i'm positive is squeaky clean. We haven't gotten anything from the IRS that wasn't ours, so will they still try to penalize us? Does the fact that it's been sent to the Internal Exam dept mean that it will be denied?
Sorry for so many questions! The original ? from yesterday was entitled "What does it mean to have your amended return sent to the IRS's internal examination department?'' Or, hopefully, you can look it up using my screen name. Thanks again!

2007-05-23 01:26:47 · 4 answers · asked by joesmama4 2 in United States