Taxes - July 2007

I am enrolled in a cafeteria plan for daycare. When my regular lady is gone, I have my Mother-In-Law watch my boy and pay her. How much can I pay her for before she has to claim it on her taxes?

2007-07-17 03:33:40 · 5 answers · asked by Anonymous in United States

This is obviously for the personal contribution to find out the gross contribution when the tax rebate is added back in. It will help settle a little mathematical argument between friends!!

2007-07-17 02:53:56 · 5 answers · asked by Anonymous in United Kingdom

I live in Maryland and work in Virginia.

2007-07-17 02:52:36 · 3 answers · asked by Anonymous in United States

I know the percent varies depending on one's income, but I'd like to know the range of the percentages, and their correlating incomes. Thanks!

2007-07-17 02:31:24 · 2 answers · asked by jane j 3 in Other - Taxes

My friend earned £3800 last month but the tax man took £1000 of it away, does this seem wrong?

2007-07-17 02:29:28 · 4 answers · asked by me_me 1 in United Kingdom

OK so my husband and I purchased a timeshare last August.

SOO far and it seems like all travelling that we'll be doing under it is for business.

Can I write it off as a business expense? What about 30 years from now when we're old and retired and still using it, it'll be long paid off but will it cause issues?

2007-07-17 02:14:23 · 3 answers · asked by Nic. 3 in United States

I inherited a house from my father, through his irrevocable trust. He died, almost to the day, when we get our taxable assessment from the Michigan township where we live. Should I use the township assessor's value instead of paying an assessor, to calculate the value of his estate? It's simpler, and saves me a few bucks. Or should I get the house assessed now to pay lower taxes on the 'stepped up' value of the home later, when I eventually sell it, probably in 7-10 years. Will getting an assessment on the house's past value be a big headache down the road? A big expense?

2007-07-17 02:08:27 · 7 answers · asked by Anonymous in United States

2007-07-16 22:48:48 · 1 answers · asked by dsert_fox 1 in Other - Taxes

I have bought vitamins online from the US because they are a fraction of the price of the same vitamins here. As the value of the vitamins is less than £70 why have I been charged tax on them at the Post Office?

2007-07-16 21:48:28 · 2 answers · asked by Anonymous in Other - Taxes

Please tell me if any of this interest would be on schedule B.
*Investment interest on stock margin account
*Auto loan interest (auto was paid for by a home equity loan on residence)
If these don't go on Schedule B would either of them go on Schedule A? Thank you!!

2007-07-16 19:39:44 · 1 answers · asked by angel_rat_83 1 in United States

2007-07-16 19:18:49 · 3 answers · asked by Jon D 1 in United States

*Contributions to Perpetual Perpetuity Catholic Church
*Tuition to Perpetual Perpetuity Catholic School for son
*Contribution to an educational savings account

2007-07-16 18:02:00 · 4 answers · asked by angel_rat_83 1 in United States

For a non-US citizen, non-resident, no green card, not in the US 183 or more days.

Do they withhold taxes from the interests bonds pay?

2007-07-16 16:43:04 · 2 answers · asked by Carlos G 3 in Other - Taxes

If yes, what are the tax implications?

2007-07-16 16:36:25 · 1 answers · asked by HEALTHYWEALTHYWISE 1 in United States

I want to receive my gross income and put in the bank and pay Uncle Sam in quarterly installments. What exactly do I need to fill out on my W4 form?

2007-07-16 16:13:37 · 8 answers · asked by Rick E 1 in United States

2007-07-16 15:37:55 · 2 answers · asked by lil_red41 1 in United States

2007-07-16 14:27:39 · 2 answers · asked by Sam 2 in United States

2007-07-16 14:01:37 · 3 answers · asked by Bill D 1 in United States

If we weren't suppose to be charged how do we rectify. The property was located in Texas.

2007-07-16 13:40:17 · 2 answers · asked by k 2 in Other - Taxes

I was given money for a down payment. I know that the giver of the gift may be subject to gift tax, but do I declare it as income and pay tax on it as well?

2007-07-16 13:25:46 · 7 answers · asked by Stuck_in_Finance 1 in United States

I am currently young, but curious what tax laws would apply with withdrawing this money if I moved out of the country and obtained citizenship elsewhere...

2007-07-16 13:00:33 · 2 answers · asked by Ben B 2 in United States

2007-07-16 12:26:24 · 2 answers · asked by Anonymous in United States

2007-07-16 12:16:47 · 5 answers · asked by Jarvis O 1 in United States

My husband works with his father, which owns his own company. As of right now, my husband is responsible for his own taxes. Now his father is talking about putting him on salary taken out taxes, and at the end of the job, and after overhead, giving a bonus. My husband works alot of hours as of now, and makes a good living for our family. I have tried to look online about small businesses, so maybe I could learn alittle more about it so I would seem so dumb when he talked about all this in front of me. But, of course it all cost a pretty penny to take this courses. So if anyone has any answers that I could use I would appreciate it.

2007-07-16 11:49:43 · 1 answers · asked by sharilyn i 1 in United States

Will i get more on my refund next year? I'm claiming Married w/ 1 dependant. Also any guestimates on what i would get?

2007-07-16 11:40:21 · 3 answers · asked by Anonymous in United States

I work with a wedding consultant who pays me a percentage of every wedding I work, so I never know how much I will be paid. How do I know when and how much I should pay for quarterly taxes?

2007-07-16 10:52:00 · 3 answers · asked by Shelli A 1 in United States

I have recetly made a dramatic jump in tax brackets. In other words I just graduated form college and now have a good job. How do I keep the "gubment" from taking it all?

2007-07-16 10:36:53 · 7 answers · asked by Anonymous in United States

2007-07-16 10:31:51 · 14 answers · asked by sean m 1 in United Kingdom

I'm looking at a 1031 exchange for a property in the area where I plan to retire.

After the exchange completes, how long must I rent the new property out before I can move in and make it my primary residence without incurring a penalty or taxes related to the exchange?

2007-07-16 10:19:23 · 5 answers · asked by Anonymous in United States

2007-07-16 09:19:41 · 5 answers · asked by DK 1 in Other - Taxes