Taxes - June 2007

Can you file exmept on your payroll, take the money you keep when filing exempt, and open an IRA. How much less will it be when paying taxes?

2007-06-10 10:58:58 · 5 answers · asked by Anonymous in United States

When I file my taxes usually I qualify for Earned Income Credit, what are the qualifications ?

2007-06-10 09:09:52 · 2 answers · asked by Cherry C 2 in United States

And how do I report it?

2007-06-10 08:31:19 · 2 answers · asked by Anonymous in United States

My husband had me down as CEO of our Printing business.
I am in the middle of divorce. I discovered that the accountant used my mothers ss# under my name on tax records for corporation. When I asked the accountant about this, he told me that it was just a clerical error. He did do my mothers personal taxes, but I don't believe that an accountant could make that kind of error. You would think that the software they use would red flag such an error. I feel he is covering for himself and my soon to be ex-husband. Can this be possible?

2007-06-10 08:08:13 · 3 answers · asked by flyfree 1 in Other - Taxes

2007-06-10 06:45:12 · 6 answers · asked by Hanna P 1 in United States

I found an awnser to this question but it is 10 months old, so the information to the question is outdated.

If say, for example you made money on music lessons for 15$ per lesson and you have 10-20 clients depending on the month. And each client has once a week lessons.

Let's see for example, you make $1000-1500/month. Would you pay Income Taxes? Or would you just file paperwork for the IRS to pay Social Security?

I can research this question on the official internal revenue service but it might take a few hours before I find my awnser.

But anyway if you can find the awnser before I do it would be nice.

2007-06-10 06:29:24 · 4 answers · asked by Bearkiller a 1 in United States

MIN is MutualFund Identificaion Number, required by all investors buying mutual funds in India. I believe the government is eliminating the need for MIN

2007-06-10 05:51:54 · 3 answers · asked by isi.shridhar 2 in India

2007-06-10 05:32:05 · 2 answers · asked by Anonymous in Other - Taxes

Hello yes i see there are numerous posts on this but maybe mine is slightly different? i have paid 145.49 on my first pay slip.. 50.32 of that being national insurance, and the overall wage is 557.75 for a week, i looked on some other topics and it says tax is 22% but this is 26%.

This is my first job and i have seen i should get my first 5220 tax free also, but i understand that it can even out over the taxc year.

why would i be paying more than normal on my tax when i should be paying half basically?

i earn 10k a year but i did a lot of overtime to get this up though.

My tax code is 522l w1.

any help?

Thanks

2007-06-10 05:07:17 · 5 answers · asked by Anonymous in United Kingdom

The government is asking Pastor Melissa Scott to contribute her fair share but she says she's a church but doesn't believe in giving anything to charity or the poor.

2007-06-10 04:13:36 · 2 answers · asked by Anonymous in United States

2007-06-10 03:53:51 · 6 answers · asked by Anonymous in United States

2007-06-10 03:37:48 · 5 answers · asked by John Z 1 in United States

2007-06-09 23:27:47 · 3 answers · asked by felertishiya 4 1 in United Kingdom

2007-06-09 19:45:40 · 4 answers · asked by beautifulitalian11111 1 in United States

It says estimated due 1,000.00 and 100 penalty. I made no sales during this quarter, but forgot to report that. Will that make me pay the 1,000.00, or just the penalty?

2007-06-09 17:35:57 · 3 answers · asked by Tommy H 1 in United States

HOW CAN I STOP THE I.R.S FROM DOING WAGE GANISHING ON MY PAY CHECK

2007-06-09 15:32:51 · 5 answers · asked by itsphoenix06 1 in United States

2007-06-09 14:58:45 · 5 answers · asked by cedtwice2000 1 in United States

Is it true that you can file taxes in Florida even if you haven't worked, just by claming your children. A friend told me that in Northen states you can just claim your children even if you haven't worked for the year. I was wondering if this is true and if you can do it in Florida. Also, how many children can a single parent claim.?

2007-06-09 14:47:54 · 4 answers · asked by Anonymous in United States

2007-06-09 12:54:50 · 0 answers · asked by go gadget53 2 in United States

The company I that I will start working for will pay cash to me everyw week and still issue a W2 to me for tax purpose.
It is confirmed that I am an employee. Does that make sense? Have any one had of this?

2007-06-09 12:02:05 · 10 answers · asked by mcc2047 2 in United States

I was wondering if anyone could give me an approximation of how much my job would be taking out of my check for taxes. I live in michigan and im single. I just started this job 3 days ago.

2007-06-09 11:15:24 · 7 answers · asked by dann.smith 1 in United States

year after the increase?

2007-06-09 10:05:18 · 4 answers · asked by Anonymous in United Kingdom

In a free market society, why do you have to pay the government rent for property that you own?

2007-06-09 09:23:48 · 7 answers · asked by 6th Finger 2 in Other - Taxes

i mean its a hell of a lot of tax missed right, the inland revenue must be rubbing their hands like hell.

2007-06-09 08:56:06 · 9 answers · asked by Anonymous in United Kingdom

I heard that if you're a full time student, then your tax exempt. and my boyfriend has a job and his manager told him that so he doesn't have any taxes taken out of his check. So for my new job, can i say that i'm exempt? or what can i do to make sure the minimal amount of taxes are taken off...my income is below 1,000

2007-06-09 07:57:54 · 4 answers · asked by KiKi 1 in United States

Also, he owes back support which is deducted weekly from his paycheck. Will this affect my tax return if I marry him?

2007-06-09 06:48:38 · 6 answers · asked by AMANDA G 1 in United States

I am a single mother of two, I work and go to school...

2007-06-09 06:45:14 · 2 answers · asked by LipgLosS 2 in United States

2007-06-09 06:35:53 · 5 answers · asked by kayrich2000 3 in United Kingdom

2007-06-09 02:01:18 · 4 answers · asked by Anonymous in United States

After 38 years working in the US, now retired and living fully out of the country, no intention to return at least for the time being and no intention to work again being at 72. So far I have been paying taxes on my Social Security and monthly State pension. Taxes are deducted outomatically from my checks. If yes, the question is why? And if no, the question is how to stop paying taxes to the IRS annually. I am also paying taxes on the interest of my savings account which is still in the US banks. What to do to stop the taxes being deducted and if possible can I refraine from Submitting my incom tax forms every year? Please advice what to do how to proceed and where to go. Thanks. bb.

2007-06-09 00:14:23 · 4 answers · asked by Bill B 1 in United States