Taxes - July 2007

2007-07-13 12:38:06 · 9 answers · asked by erik q 1 in United States

2007-07-13 11:52:06 · 6 answers · asked by majik921 2 in United States

Let's say I am a non-american worker working in USA and getting paid for example 100K...

Please if you can tell me how much will remain of the 100K if all taxes are subtracted?

2007-07-13 10:33:44 · 4 answers · asked by zeeyad 1 in United States

My mom says that your supposed to pay taxes on any money you recieve no matter where it comes from even the Dollar or Two that I win on Scratch off tickets from the lottery. Is this true?

2007-07-13 09:54:00 · 8 answers · asked by nascardi38 2 in United States

I am researching Roth IRA accounts. I found information stating that the money in the account is not tax deductible, but that it does grow tax-free. How is that possible? Do these not mean the same thing?

2007-07-13 09:41:50 · 7 answers · asked by Iwant s 1 in United States

I want to buy wooden arrows for competition, how is this tax fair.?He said that there is the same tax on bullets . Does it really cost $.75cents per bullet? Arrows are $ 75.00 or more per 100 and then they have to have feathers, heads and nocks.

2007-07-13 09:19:06 · 4 answers · asked by science teacher 7 in United States

I recieved e-mail from:International Grants/prize award dept.
Ref:Yahoo6/315116127/27
Batch:15/623/uk
rigistered Lottery no 220949
inform me my e-mail address attached to ticket #883734657492-5319 with serial #7263-267,Batch #8254297137 drew the lucky numbers 14-22-28-37-40-44 which consequently won in the 1st category,therefore I have been approved for a laump sum pay out of 500,000.00 United Kingdom Pounds. And they asked me to contact Mr, Lesley Williams , Remmitance Director
Yahoo Promotions UK
44 Moorfields London Ec2y 9AL United Kingdom
Tel:(+44) 7031920807
e-mail; claimsdirector lesley@yahoo.de
And that man asked me to contact country cargo express courier limited company for the cost of delivering my winning cheque. PLEASE ADIVCE.

2007-07-13 09:01:17 · 1 answers · asked by alhokbani 1 in United Kingdom

What on Earth is wrong with this person?
http://cosmos.bcst.yahoo.com/up/player/popup/?rn=49750&cl=3338770&ch=61492&src=news

2007-07-13 08:22:26 · 9 answers · asked by B0NER 3 in United States

If I sell some stocks that I just recieved from my company my understanding is that I have to pay short term capital gains. Is there any way to avoid this? Could I put the cash in some type of tax differed account or trust? The amount that I am talking about is high six to seven figure payout.

Thanks

2007-07-13 07:57:55 · 5 answers · asked by ted j 2 in United States

15%??

2007-07-13 07:05:19 · 5 answers · asked by C'est Comme Un Rêve 3 in Canada

I just got a part time job that i'll work the whole summer and weekends when i go back to school-i'm 16 and i'll get 7.25 an hour-can i file exempt? I've never had a job before-so i'm not sure if i can or not.

2007-07-13 06:39:11 · 8 answers · asked by Britt 2 in United States

I had one job from Jan to Aug. One from Nov, Dec. I earn in excess of $97.5M at each job. Does TaxCut automatically pick up on FICA overpayments?

How do I know when I reached the limit? I will also have two employers this year (merger...). So same situation two years in a row.

2007-07-13 06:35:01 · 3 answers · asked by cathoratio 5 in United States

My gross yearly gross salary would be 100,000. I'm married with a year old kid. My wife doesn't work.
thanks

2007-07-13 06:13:36 · 3 answers · asked by nic questions 1 in United States

I am repaying IRS on an installment agreement now. I may inherit some money from a non-relative, via her will, .....would IRS try to also take money from that to pay off the debt on the old taxes?

2007-07-13 05:21:58 · 4 answers · asked by ras d 1 in United States

Ok, let me know if I figured this right!! I bought a new car and traded my other car in, and I was $1795 upside-down on my trade in. The net cost of the new car is $18751. So do I take the $18751 and add the $1795 to get the cost that I'm going to have to pay the sales tax on?

2007-07-13 05:15:10 · 7 answers · asked by *~HoNeYBeE~* 5 in United States

2007-07-13 05:02:03 · 4 answers · asked by Vida A 1 in United States

2007-07-13 04:46:28 · 3 answers · asked by ali o 1 in United States

Basically if someone is asked to alter documents to show less sales tax received than actually received, and this person does it, how much liability is on them? Because if the person turns them in or refuses to do it they will loose their job, but if they do it knowing it is illegal how much trouble will they get in?

2007-07-13 04:40:56 · 6 answers · asked by badneighborvt 3 in United States

I am a notary and somone is asking me to notarize a copy of a passport for her mother who is from India. This is to be used for IRS purposes since the mother will be returning to India soon.

2007-07-13 04:17:07 · 1 answers · asked by Karen G 1 in India

selling property and need to settle with irs

2007-07-13 03:32:27 · 2 answers · asked by Anonymous in United States

I am a European Union passport holder who worked in the UK for several months and I would like to now get my tax back. I did it a few years ago but I have forgotten what form I should fill in.
Can anyone solve this puzzle?

2007-07-13 03:16:39 · 4 answers · asked by marielauk 2 in United Kingdom

I financed $19452. I still owed $12, 703 on my trade-in, which I originally borrowed $15,000 for. The sales tax in my county is 6%. Do I pay the 6% on the total I financed (the $19452)?

2007-07-13 02:46:20 · 5 answers · asked by *~HoNeYBeE~* 5 in United States

2007-07-13 02:05:24 · 7 answers · asked by bmariev24 1 in United States

after my devorce i ve made some unwise decisions.there was an audit and the i.r.s started garnishing my wages 50%. now my employer says they are going to take out even more.can the i.r.s take out more? help!

2007-07-12 23:19:12 · 3 answers · asked by Anonymous in United States

i recently moved to the states and i don't have any assets what so ever and i am currently unemployed. do i need to file taxes?

2007-07-12 21:08:44 · 4 answers · asked by Hagar B 1 in United States

I own an LLC that does multiple ventures in michigan. Any information or links of all possible deductions would be wonderful. Thanks.

2007-07-12 20:59:44 · 4 answers · asked by Nick 2 in United States

I'm considering a condo in the state of Montana.

2007-07-12 19:10:16 · 4 answers · asked by Paradox 3 in United States

Credit card interest
Auto loan interest (auto was paid for by a home equity loan on residence)
Auto insurance
CPA for preperation of last year's taxes
Safety deposit box for storage of stocks and tax data

2007-07-12 16:23:49 · 8 answers · asked by angel_rat_83 1 in United States

My dad's revenue streams were converted to trust about 5 years prior to his passing. It has been 5 years since his passing. Last year, we were audited for his estate. There was a finding that there was no revenue. This year, I received a notice that they want to audit for two years.ago They even replaced his first name with Deceased. What kind of government bureaucracy flags a $0 income estate that has been closed (previously proven by IRS audit) Also I am not the executor, nor the recipient of any of the trust money.
Has the IRS gotten that callous and unfeeling that live people are not enough for them? Who was the idiot who changed his first name to Deceased in the IRS records? They spent over $100 Million on new computers and software, yet they can't determine that auditing closed estates over and over is counterproductive? First audit was 7 year audit, recent one is single year, 2005.

2007-07-12 12:43:16 · 3 answers · asked by ski bumpkin 1 in United States

how do i calculate what should be taken out of my check? federal taxes, social security, and medicare? i am single with 3 dependants. help!

2007-07-12 12:26:44 · 5 answers · asked by fodiane 2 in United States