Taxes - June 2007

purchased something outside of the united states , just want to know how much will the united states charge of that item .

2007-06-22 16:51:36 · 3 answers · asked by kakashiii227 1 in United States

I filed my return on 4/14/07 and still have not received my refund, it's now the 22nd of June. I've called and they've told me things look fine. I've looked up my refund status and it gives me reference #1201. Would it be worth it if I contacted a professional accountant??

2007-06-22 16:44:21 · 5 answers · asked by littlebcute 1 in United States

2007-06-22 15:44:53 · 5 answers · asked by rockerjon2005 2 in United States

I heard from someone that on the tax form I filled out at work, there is an option stating that if I do not plan on owing any taxes this year, I do not have to pay income taxes. If that is true, I could save six thousand dollars this year, all money I could put towards NOT living in my car.

Is this true, and if so, how can I figure out if I will have something to pay at the end of the year?

2007-06-22 14:26:50 · 12 answers · asked by Daeg 1 in United States

2007-06-22 14:01:26 · 4 answers · asked by momma o 1 in United States

I live in california.My rate is $15/h and i get some overtime.No matter how much i work, I feel like they are taking too much money away from me.they take away like 300 bucks.I have rent to pay, and a car payment.Is there a way i can let them know that i am paying rent and a car payment?Will it change anything?Please let me know.

2007-06-22 13:52:49 · 7 answers · asked by jestrada2k5 1 in United States

Is there a calculation to show if it is fair?

2007-06-22 13:49:38 · 5 answers · asked by angel_rat_83 1 in United States

I have been offered a job out there with a starting wage of 38,000 per year. Plus 3,000 - 6,000 extra in bonus per year. In CA were I’m at that is considered lower middle class. But with the cost of living being different in MO what would that be considered.

2007-06-22 13:31:19 · 3 answers · asked by pit8607 1 in United States

Section 179 of the irs publication:
if i have written the check/paid for the vehicle in 2006 however is it on back order and does not arrive until january 2007, can i take the deduction in 2006???

2007-06-22 12:31:03 · 3 answers · asked by sooo 1 in United States

2007-06-22 12:22:25 · 3 answers · asked by hi 2 in United States

My father and I have been having a disagreement about whether he can claim me as a dependent or not. I meet the support test, age test, and relationship test. But I don't live with him, so I fail the residence test.

But he disagrees, saying that because he pays for my apartment that it is also his "residence". So I produce this link from the IRS' website: http://www.irs.gov/publications/p501/ar02.html#d0e3270

He cannot claim me as a qualifying relative, because my gross income will exceed $3300. He cannot claim me as a qualifying child, because I am permanently moved out and not "living with" him as the residency test states. I don't believe I am "temporarily" absent due to education, because I'm permanently moved out and about to attend graduate school.

He says he is claiming me regardless. I am also claiming myself, because I feel he is unable to legally do so. More frustrating, I called the IRS and got two opposite answers from them. What happens if we both claim me?

2007-06-22 12:19:02 · 6 answers · asked by comemrtaxman 1 in United States

Part-time job, full time student. My mom claims me on her tax return. But I live with my bf in our apartment, pay for the rent, etc.... I want MORE in my checks now rather than a big tax return. Should I claim 0 , 1 , or 2?

2007-06-22 11:50:31 · 5 answers · asked by AO 1 in United States

I am doing a short sale on my house. The amt of debt forgiven will be about $100K. The lender will give me a 1099 for taxes on the 100K. Will Form 982 waive these taxes? How does it work? Do I have to qualify in some way?

2007-06-22 11:40:39 · 2 answers · asked by ABC 2 in United States

2007-06-22 11:26:06 · 3 answers · asked by Paul V 2 in United States

Hello everyone. I keep getting two different answers to this question. So I thought I'd ask here on Yahoo. If I was married in 2006, but got divorced in 2007, do I file married on my taxes(because I was married in the 2006 tax year) or do I file single now that I am no longer married even though I am filing for my 2006 taxes? For anyone with this info, I'd appreciate it. Thanks!

2007-06-22 11:02:38 · 6 answers · asked by Anonymous in United States

I just started a new part time job making 6.50 an hour and just got my weekly paycheck. I made a total of $150 and with taxes I only got 70 bucks??!!! Is this normal?

2007-06-22 10:32:09 · 3 answers · asked by Jeremy M 2 in United States

I started a new job. In my first check there was no FED WT tax. Now in my second check, 2 weeks later, there is a FED WT tax. Why is it in this one?

2007-06-22 10:15:02 · 2 answers · asked by Shelley 1 in United States

i stopped showing up at my job and they owe two paycheck, will they send it to me ? what will happen to it ?

2007-06-22 10:03:48 · 5 answers · asked by Anonymous in United States

2007-06-22 09:03:24 · 3 answers · asked by vineruby 3 in United States

Help! Is it possible to get a new mortgage with a tax lien on credit file?

We make over $300k a year and are coming out of a financial mess we got in w/a bad real estate market in Colorado. We are back on our feet and credit scores are coming up, no debt etc.

We are ready for new home purchase but now have the tax lien on our credit file.

Is there anyway we can get the tax lien rolled into a new mortgage? If yes, how do we find a lender who will do this? Our income is 100% verifiable and we are already living in the house. The owner let us do an extended close to end of October.

We need to get this done asap!

Thanks!
Josh

2007-06-22 08:28:09 · 2 answers · asked by Anonymous in United States

We own two homes, both work, and have two kids. We are getting killed come tax season and it seems there should be some tax advantages - but we aren't seeing them.

2007-06-22 08:26:32 · 6 answers · asked by mkc8515 1 in United States

2007-06-22 08:15:38 · 5 answers · asked by Manu Ginobili 1 in Other - Taxes

Okay I am changing to getting paid bi-weekly instead of weekly here is the layout to help:
Right now I get 520 before taxes and 430 after taxes
If I start getting paid bi-weekly and get a small .25 cents raise and end up getting 530 a week before taxes and that is 1060 every two weeks, I am claiming 1 on my taxes, I want to find out if anyone may be able to tell me about how much I will get every two weeks after taxes and if there will be a big change of the amount taken out. I know my mother said that it will change because I will be getting more on a single paycheck since it is every two weeks and that I will get a lot less then I normally do from 430 every week after taxes. Thanks

2007-06-22 08:10:11 · 8 answers · asked by jennqt341 2 in United States

2007-06-22 07:47:59 · 2 answers · asked by Jerrry H 3 in United States

I didn't "efiled".Why does it takes so long?What should I do?If the money is lost can I file a claim?And how long does it take for everything to be fixed?

2007-06-22 07:45:11 · 8 answers · asked by Anonymous in United States

I (will) own no property in IN and will rent in WA. My car insurance in IN is very cheap (<$700). I have earned quite a bit of money this year in IN from Feb-Aug. Would changing residencies allow me to forego paying IN state income tax for this year?

2007-06-22 07:30:10 · 3 answers · asked by Matthew P 1 in United States

I currently work as a staff accountant at a CPA firm and I am interested in becoming an Enrolled Agent.

I plan on taking a course tax course this fall either through our local junior college or through H & R Block and I am having a hard time chosing which to attend.

When I told my boss at work that I wanted to take a class this fall she thought the college course would be best. But I am not so sure...

I would like to study to become an enrolled agent and I want to chose the best way to prepare for the test. I have printed out the past test to look over for an idea of what will be on the test, but I want to make sure I can pass it. I see on Amazon.com they have study guides also...

Does anyone have any advice?

Thanks!

2007-06-22 06:44:26 · 7 answers · asked by Shay 4 in United States

2007-06-22 06:42:38 · 5 answers · asked by lovered1224 1 in United States

I just resigned from my company of almost a year. It was the toughest decision I had to go through because they wouldn't do anything about a coworkers unethical behavior. I am going through alot of stress right now and they sent me my last paycheck, (spelling my name wrong) even though every other check they spelled it right. I got the correct amount if I was hourly but I was told that I'm supposed to get paid salary which meant that I get the same amount as I have been like on my other salaried paychecks. Is that true? I'm not really sure about the difference between hourly and salary, exempt and nonexempt? If I'm to get paid salary they cut my paycheck by half. Does anyone know anything about this?

2007-06-22 06:30:10 · 4 answers · asked by Anonymous in United States

I live in the state of Ilinois and was wondering how much % wise is taxed on interest income if that is your only means of income.

2007-06-22 06:27:12 · 4 answers · asked by angryviper 1 in United States