Taxes - May 2007

2007-05-06 20:11:37 · 2 answers · asked by Patty 1 in United States

2007-05-06 19:43:20 · 4 answers · asked by 360 degrees 1 in United States

Say you owed the state $4500 in taxes and are on a payment plan that you are current on. You also owe the IRS $18,000 and are trying to get a payment plan with them. As luck may have it you come into $5,000. Which do YOU pay? Pay off the state? Or see if the IRS will take the 5k call it good and keep up the payments to the state.

2007-05-06 18:18:53 · 5 answers · asked by Anonymous in United States

Child Credit Tax?
My question is My fiancee and I have 1 daughter right now, and one will be here in Oct. We're getting married in July. I'll be working and she wont be working. So what should I claim on during the year? 2 or 3? And where will the Child Credit come in affect?

2007-05-06 18:00:30 · 2 answers · asked by sbravens35 2 in United States

What is child care tax credit, and how do I qualify for it?

2007-05-06 17:59:34 · 4 answers · asked by sbravens35 2 in United States

2007-05-06 17:51:29 · 4 answers · asked by tlf_81504 2 in United States

2007-05-06 17:36:06 · 1 answers · asked by Robert T 1 in Other - Taxes

2007-05-06 16:53:14 · 6 answers · asked by Anonymous in United States

My husband and I have been separated since March of 06. However, we lived together during Jan & Feb of 06 and Sept-Dec of 06...which is roughly 6 months. He worked a full time job making $22k for the year plus cash jobs on the side and I only worked Nov. and Dec of 06 full time and substitue taught the rest of 06 probably making less than $3K total. We have 2 children ages 8 and 9. We have finally decided to go through with our divorce right here at tax time and I wasnt exactly sure how to file so we each filed separate extentions. I was wondering if I need to file for innocent spouse relief because he works on the side making cash and I have no idea of exactly how much he made for the year doing side jobs. Should we file joint with an innocent spouse relief form or should i file separately to avoid any liability issues???

2007-05-06 16:19:41 · 2 answers · asked by happily_jaded 1 in United States

this is just a question.

if i sell things through craigslist, is the money i earned taxable? How will the government know:

http://www.craigslistfoundation.org/uploads/docs/CLF_5013c_OK.PDF

2007-05-06 15:40:43 · 3 answers · asked by Anonymous in Other - Taxes

What is this tax letter saying?
Please read this letter and tell me in simple words what it means since I'm only 12:

http://www.craigslistfoundation.org/uploads/docs/CLF_5013c_OK.PDF



Does it mean that craiglist users are removed from paying taxes or what?? Please help me for BEST ANSWER

2007-05-06 15:19:21 · 3 answers · asked by Anonymous in Other - Taxes

2007-05-06 15:15:32 · 6 answers · asked by Z-Man 2 in United States

Please read this letter and tell me in simple words what it means since I'm only 12:

http://www.craigslistfoundation.org/uploads/docs/CLF_5013c_OK.PDF

Does it mean that craiglist users are removed from paying taxes or what?? Please help me for BEST ANSWER

2007-05-06 15:13:39 · 2 answers · asked by Anonymous in Other - Taxes

2007-05-06 14:26:09 · 3 answers · asked by Anonymous in United Kingdom

I'm about to start a business and was curious how much to keep out of the profits for taxes. Lets say i sell 50k a month in product with around 20% of profit, which is like 10k a month. Out of that 10K how much should I hold back for taxes? I do plan to use a bit of it to reinvest back in the business, probably 50% of the 10k or so. I'm just curious how you figure out how much to hold back so I don't get a huge tax bill at the end of the year that I couldn't afford. Also, if I only have to play taxes on the profit after business expenses, what kind of expenses can be deducted? thanks for any help you can provide, i'd consult an accountant but unfortunetely, all the money i currently have is tightly budgeted for startup costs. Thanks.

2007-05-06 14:03:34 · 4 answers · asked by Jay 2 in United States

2007-05-06 11:52:23 · 6 answers · asked by Crazy Dave 1 in United States

Is it a voluntary action?

2007-05-06 10:54:11 · 4 answers · asked by Anonymous in United States

that you can pay a home servant without having to show it on your tax return?

2007-05-06 10:27:58 · 1 answers · asked by asmikeocsit 7 in United States

Real Estate taxes, home utilities, car insurance, etc....

2007-05-06 09:22:31 · 3 answers · asked by mransbottom1 1 in Other - Taxes

do i use my current address and job or what my job and address were in 2004?

2007-05-06 08:44:39 · 5 answers · asked by kaiya 2 in United States

I live in a home on 3.5 acers of land. I just sudivided it and I want to sell the lot (1.7 acers).

2007-05-06 07:44:00 · 3 answers · asked by james@pam s 2 in United States

He has a lot of debt, and I was unaware of this before I married him. I would not have married him if I had known. We didn't get a tax return this year because the gov't took it. Thats when I found out about the debt. Well I have a child to worry about and I would like to get a tax return next year. I payed my money and I want it back. Thanks in advance for the help.

2007-05-06 07:11:46 · 5 answers · asked by Erin L 1 in United States

give sources

2007-05-06 07:09:41 · 5 answers · asked by iluvhipos 3 in Other - Taxes

In Washington State, the Department of Revenue collects a use tax from its residents each month on the 20th.

A description can be found at http://dor.wa.gov/content/findtaxesandrates/usetax/ and a FAQ sheet here: http://dor.wa.gov/docs/pubs/excisetax/retailsales_usetax/usetax.pdf

It appears to be a law to pay this tax, but rather conspicuously absent of enforcement. When it applies, do you pay it?

Sources area: Please provide number of years as a WA resident.

2007-05-06 07:06:29 · 3 answers · asked by Zeltar 6 in United States

I am looking at HELs and they say that the interest paid is sometimes deductable. When is it and when is it not? Where's a good place to get the lowest rate?

2007-05-06 04:46:07 · 4 answers · asked by LoB 2 in United States

They keep sending letters saying that they are checking something and that the money will be sent out soon, but we still haven't received it. What could they be checking?

2007-05-06 00:45:43 · 3 answers · asked by barnell a 1 in United States

Its just like the minimum wage. There s a federal standard but each state have a different tax. Please help

2007-05-05 21:02:07 · 5 answers · asked by Anonymous in United States

i am now disabeled and h and r block tax person said i need to change my tax code before i can file my taxes for this year

2007-05-05 20:52:26 · 2 answers · asked by guitar g 1 in United States

2007-05-05 20:28:54 · 2 answers · asked by guitar g 1 in United States

My mother filed my deceased brother's tax returen and claimed the refund. She now recieved a letter claiming that she owes his tax debt. Is she liable to pay this debt back?

2007-05-05 19:29:52 · 7 answers · asked by Vanessa F 1 in United States