Taxes - June 2007

Can I claim tax back from my business miles allowance which is taxed before I get it, thus I am paying 2 lots of tax for petrol

2007-06-18 02:50:03 · 1 answers · asked by mkcllghn 1 in United Kingdom

I never used the word 'flat' I want a state income tax in Florida and do away with sales tax which hurt the less fortunate more severely that the rich.

2007-06-18 02:47:12 · 5 answers · asked by Anonymous in Other - Taxes

2007-06-18 02:30:36 · 2 answers · asked by Anonymous in Other - Taxes

I lived in the United Kingdom, but I work online and my work is in situated in Florida and I have a bank account opened in Florida, US. Where would my tax be claimed? In the United Kingdom because I live there or Florida because my work is situated there?

I know there is no income tax in Florida that is why I am asking.

2007-06-18 02:10:08 · 5 answers · asked by Dee 2 in United States

I lived in the United Kingdom, but I work online and my work is in situated in Florida and I have a bank account opened in Florida, US. Where would my tax be claimed? In the United Kingdom because I live there or Florida because my work is situated there?

I know there is no income tax in Florida that is why I am asking.

2007-06-18 02:08:25 · 3 answers · asked by Dee 2 in United Kingdom

2007-06-18 01:32:55 · 5 answers · asked by Melissa A. 1 in United States

Hi, I work in a job where I make bonus pay each month. I have a salary and then any hours over 150 each month is counted as bonus pay. I have noticed that my effective tax rate for regular pay is about 10% but about 25% for my bonus pay. Why is this? Is there something that I can change to reduce that rate?

2007-06-18 00:14:19 · 5 answers · asked by dsjnix 1 in United States

Hi, i'm a registered childminder and as such I am self employed. Can anyone give me a rough idea of how much my tax bill for april 2008 will be if I earn £12,500 this year. My tax code says I can earn £5225 before tax and obviously there are various things I can take into account such as food, elec and gas. Any help would be appreciated as the guy at the IR who I spoke to was a waste of air!!
Cheers,

2007-06-17 23:38:20 · 1 answers · asked by Anonymous in United Kingdom

Also does anyone know what the tax brackets are. ie how much of your income is taxable?

2007-06-17 23:13:12 · 1 answers · asked by Anonymous in United States

it was very nice to have someone spend some time answering a querie, instead of some people just giving a stupid answer like yes or no.after all thats what this site is for to give advise to those who are not as clued up as others on certain subjects.once again thanks.

2007-06-17 22:16:38 · 2 answers · asked by robert r 1 in United Kingdom

Which way would I be better off at the end of the year? Claiming less deductions will result in more taxes taken out, but increasing my 401k would result in my taxable income going down, so I'm not sure which way to go.

2007-06-17 22:01:45 · 4 answers · asked by Anonymous in United States

Thanks for looking. I started working at 16 and have never filed taxes. My first year i made approximately 12,000 or less working a part time job. The second year was around the same working another part time job. What can I do? Will I get in trouble? Thanks in advance.

2007-06-17 21:47:27 · 7 answers · asked by J J 1 in United States

2007-06-17 20:20:37 · 5 answers · asked by blueskys 2 in Other - Taxes

I have a full time job that I file 1040EZ and I am starting a part time business that I would like to write off business expenses separate from my full time job. Is this possible?

2007-06-17 20:04:57 · 4 answers · asked by gidn 2 in United States

2007-06-17 18:41:34 · 1 answers · asked by vive07 1 in United States

Should I put aside $150 for every 1,000 or more?

2007-06-17 17:11:57 · 3 answers · asked by Anonymous in United States

2007-06-17 16:59:23 · 2 answers · asked by Anonymous in United States

ok so im only 12, im a girl , im a good artist, ive been going to shows with my mom since i was born, im smart, good with kids, and good with money. i want to start my own face painting business. is this a good idea? and how old do you have to be to get a tax id number?.

2007-06-17 16:53:53 · 8 answers · asked by Anonymous in United States

2007-06-17 16:28:19 · 4 answers · asked by Jim S 2 in United States

2007-06-17 16:14:00 · 8 answers · asked by catphish 4 in United States

Are there any advantages to filing by mail (other than you dont have to send your check until April 15). Any reasons you have to file by mail?

2007-06-17 15:07:06 · 5 answers · asked by angel_rat_83 1 in United States

I filed a 1040X admendment on April 4th, 2007 and still waiting on my refund. Why does it take 3-4 weeks to process admendmends? I also received an additional W-2 form that was not included in the admendment. I took it to my tax preparer and he stated that since my salarie, wages was $340.00 it did not need to file an additional admendment. Is that true and can I use this W-2 when I file my 2007 taxes?

2007-06-17 14:37:30 · 2 answers · asked by Katie G 1 in United States

This is a hypothetical example. I earn 50k per year from interest and dividends from savings. The only other income is 25K from social security from my wife and I. Total of 75K. Do I include the Soc Sec as income on the tax form?

2007-06-17 14:07:42 · 3 answers · asked by Anonymous in United States

2007-06-17 12:15:51 · 2 answers · asked by joey h 1 in United States

2007-06-17 11:38:35 · 3 answers · asked by angel_rat_83 1 in United States

I have received my IRA info from my bank at the beginning of June (after all taxes have been done). Was this info important for my tax return? If so what should I do now? Should I re-file? How?

2007-06-17 10:07:56 · 3 answers · asked by Lula 1 in Other - Taxes

I am concerned of what would happen if an employer says they are deducting $X of taxes from a paycheck each week but doesn't actually send in as much as they claim to the government. Does the employee then owe money come tax time? What if they were taken advantage of without their knowledge? For example: Their paycheck was stiffed each week and then they end up owing even more to the government? Would the employee be held responsible for that missing money?

2007-06-17 10:04:46 · 6 answers · asked by sometimes 1 in United States

I think a flat tax is as fair as it gets, doesnt matter if u make 1,000,000 a yr or 12,000 its in no way shape or form the gov. job to play robin hood. the excuse that it hurts the poor is a bunch of B.S. with a simple tax code and flat tax everyone would benifit. Is it the socialist take from the rich give to the poor mentality that keeps this from happening. The way i see it the rich dont pay taxes and the middle class have to pick up the slack as well as give to the poor.

2007-06-17 09:07:13 · 7 answers · asked by johnywinslow 3 in United States

I have moved to a state with a state income tax from one that does not. I still own property in the previous state as well as my new one. My company which is based in my old state has not started to take out state taxes. How will this be detected from my new state?

2007-06-17 07:40:58 · 5 answers · asked by morales 1 in United States

Planning to sell home and i believe it is worth more than my county tax markey value suggests, is this possible?

2007-06-17 07:15:09 · 3 answers · asked by robin p 1 in United States