Taxes - May 2007

2007-05-17 08:08:54 · 10 answers · asked by anthonyblancoab 1 in United States

2007-05-17 08:08:01 · 6 answers · asked by VL 3000 1 in United States

My soon to be ex-wife is a real estate agent and in good faith when we were still together I trusted her to file the taxes.We haven't been together for the past 5 years, we now do our taxes separately. My problem is that a couple of months ago i recieved a packet from the IRS informing me that my soon to be ex-wife claimed ridiculous deductions and now owes 30,000 dollars from the taxes that for she filed for us. She supposely claimed dry-cleaning,car maintence, and many other unnecesary things for her job. I requested information for the years that she filed the taxes and it say SHE filed a Schedule C and Schedule SE and it says that she is Self-Employed. Okay, so now "we" owe 30,000 to the IRS, What can I do?? I didn't claim those deductions, plus what we owe is more then what i make in ONE year alone. She makes more then eighty thousand in a year. Will I be held liable for it? Or is there a way that i can make her solely responsible for it since she claimed it?

2007-05-17 08:02:36 · 7 answers · asked by Anonymous in United States

Money is tight, so I want to claim all my exemptions so the taxes aren't taken off my check. My wife and I qualify for Earned Income credit and the Child Tax credit with our two kids. If I do this will I still get a refund, or will I have to pay?

2007-05-17 07:46:04 · 5 answers · asked by willismcgee37 2 in United States

2007-05-17 07:39:07 · 5 answers · asked by msmullen1986 1 in United States

2007-05-17 07:26:22 · 2 answers · asked by tfb 2 in United States

If I make $13.7 an hour and I am only withheld the federal, state and city tax (no health etc.) how much money would I make and hour after the taxes?

2007-05-17 07:24:30 · 1 answers · asked by wg_f95 1 in United States

I'm looking to work with H&R Block next tax season. Is the time/pay worth it as a second income???

2007-05-17 05:38:17 · 9 answers · asked by Anonymous in United States

2007-05-17 03:02:31 · 3 answers · asked by chris b 1 in United States

2007-05-17 02:50:25 · 5 answers · asked by bill78212 1 in United States

Iwhat is legal standing of one has to pay to escrow fund

2007-05-17 02:49:59 · 2 answers · asked by durga v 1 in United Kingdom

2007-05-17 01:42:52 · 6 answers · asked by Bernard 2 in United States

my uncle passed and left me a home I was told could sell for $200,000. The home is in Pittsburgh Pa. Could anyone tell me the approximate tax I have to pay? Thanks for any ideas

2007-05-17 01:21:14 · 6 answers · asked by Joe B 1 in United States

If I have a corporation in another country making money through internet advertising, could I then pay myself (in the US) most of the income as a salary and then deduct that as a business expense so that the only tax I'd be paying would be US income tax?

2007-05-16 23:51:34 · 1 answers · asked by Anonymous in Other - Taxes

The national britsh lottery (yahoo) sent to me an email on 23d march 2007 which contain a win confirmation of £ 1.200.000 pound, they recommand to me to pay £ 1900 to DHL for transfer charges fo the cheque, I sent to them the payment from FRANCE 3000.49 euro on 31th march 2007 since that i've received nothing by them, i ask you to interven for recovring my money. I can send you all emails sent or received
between me and the national british lottery
thank you very much

my phone :00213070943535

2007-05-16 23:20:59 · 17 answers · asked by chouiter y 1 in United Kingdom

The national britsh lottery (yahoo) sent to me an email on 23d march 2007 which contain a win confirmation of £ 1.200.000 pound, they recommand to me to pay £ 1900 to DHL for transfer charges fo the cheque, I sent to them the payment from FRANCE 3000.49 euro on 31th march 2007 since that i've received nothing by them, i ask you to interven for recovring my money. I can send you all emails sent or received
between me and the national british lottery
thank you very much

my phone :00213070943535

2007-05-16 23:09:33 · 17 answers · asked by chouiter y 1 in United Kingdom

I am just about to go self employed, and i am not sure on whether to get an accountant to sort taxex etc out for me.
Is this best and how much do they cost ?
What benefits are from this ?
and can being self employed effect my ability to get a mortgage , credit etc ?

2007-05-16 19:19:37 · 12 answers · asked by DAFYDD P 1 in United Kingdom

sold real estate

2007-05-16 16:32:39 · 7 answers · asked by Tony P 1 in United States

My grandmother died 28 years ago and left me two oil painting that are worth a great deal of money. An art Gallerie want to sell the painting for me and i would get 75% of the sale of the painting. will i have to report the earning i made on the sale of the painting and will i have to pay taxes. if i have to pay what is the percent i would have to pay?

2007-05-16 16:24:06 · 5 answers · asked by josie 4 in United States

2007-05-16 16:20:57 · 6 answers · asked by Jake I 1 in United States

Is anyone a payroll specialst/Tax preparer? if so: could you please help me out on this...
We're in the state of Utah... if that helps...

Monthly net pay of $3920.00, (with 480.00 of that being overtime pay)

From what I understand, the state income tax takes $46.00 of the net pay, plus 3.3 percent of any amount over $2000.00.
The federal rate is 15%, and the social security is 7.65.
With all that information, how do I figure out what our pay will be after taxes?

2007-05-16 16:17:45 · 3 answers · asked by Kristin B 4 in United States

does anybody know how much taxes are taken out in california (EX..i worked 24 hours this week, before taxes i would get $180) how much would be left after taxes

2007-05-16 15:20:01 · 5 answers · asked by Anonymous in United States

I got a job offer in NYC, I live in NJ--married no kids. How this will change my taxes?

2007-05-16 14:59:49 · 2 answers · asked by sam 1 in United States

I want to know how can I calculate how much tax I pay at the end since I know it's not taken away but at the end I pay all of it? I just want to know how all that works? Thanks.

2007-05-16 14:55:02 · 7 answers · asked by Anonymous in United States

2007-05-16 14:54:51 · 3 answers · asked by mightyhookup 2 in Other - Taxes

2007-05-16 14:52:14 · 2 answers · asked by Anonymous in United States

2007-05-16 14:41:51 · 2 answers · asked by curious_person 2 in United States

Anyone know which would be better? Say for a real estate holding company. A company that does nothing but hold assets.

2007-05-16 14:10:23 · 7 answers · asked by onesmartguy 2 in United States

2007-05-16 12:50:00 · 4 answers · asked by Kid_Chua 1 in United States

I just received a letter from the IRS stating that in 2005 I didn't claim my capital gains and that I owe them penalty and interest. My 1040 was prepared by a firm and they left out a Schedule D. I supplied the 1099 but they didn;t file it. Now I'm looking over my 2006 1040 and they left off the Schedule D again! Now I have to amend my 1040 and send it in with the proper Schedule D filled out and I will have to pay more penalties and interest. I feel I should not be responsible for their incompetence.

2007-05-16 12:29:41 · 7 answers · asked by Donny Q 3 in United States