Taxes - July 2007

2007-07-08 05:41:57 · 4 answers · asked by paul d 1 in United States

We enter the world of taxes and other stuff right?

But once you stop working, do I still have to pay taxes?

I want to get a summer job (possibly next year) and I want to make sure.

2007-07-08 05:36:21 · 5 answers · asked by Roxxi 6 in United States

thanks

2007-07-08 05:27:17 · 4 answers · asked by luisocar616 1 in United States

Think about, something many of you may not be aware of. You could be a single parent, living at home with your parents (as so often the case is). Not work all year (i.e. not pay taxes). and Still get an Earned Income Credit for each child and the Govt. will give you thousands of dollars, when you didn't pay anything into the system? Is this not equally as unfair as the rich being able to find loop holes?

2007-07-08 04:35:41 · 8 answers · asked by crknapp79 5 in United States

2007-07-08 03:46:00 · 7 answers · asked by tucsonaz1970 1 in United States

I dont mean disability. just receive what i have put in so far.and not collect when im older.

2007-07-08 03:06:35 · 7 answers · asked by tucsonaz1970 1 in United States

My husband has 2 children from his previous marriage. He and his ex have been divorced for 7 years and they each have always claimed 1 child on their taxes. My husband claims the older child and she claims the younger. For the past year or so the ex-wife has become more and more consumed by her crack addiction. We now have full custody but didn't for 2006 even though the kids were primarily with us. We have always paid for all their clothes, school supplies, etc b/c she is frequently jobless. It doesn't appear she filed taxes for 2006, so can we file an addendum to our taxes adding the younger child? Thanks for any assistance.

2007-07-08 02:45:54 · 6 answers · asked by sleepywife 2 in United States

I am moving into the city for hospital reasons and I'm asking my friend to move into my house while I'm gone and all I'm asking her is to pay me the amount of the mortgage, not one cent more. She'll be putting the money into my bank account and I will send it to the mortgage payment. Is that considered income? Do I need to report it?? I'm not making money off of the house, just asking someone to pay me the mortgage amount so I could pay it while they take care of my house.

2007-07-07 21:46:52 · 5 answers · asked by Just Me 2 in United States

what percent do they deduct from your check for taxes

P.S i live in the state of florida

2007-07-07 19:44:48 · 6 answers · asked by bigmarvin2003 2 in United States

In the UK what is the percentage of households that have natural gas appliances? Gas Stove, oven, space heater, clothes dryer, water heater, etc.

Is it mostly all electrics in the UK? Every time I see photos or videos of modern UK, the homes always have an electric cook top. Why does the UK prefer electric appliances over gas appliances? Isn't natural gas cheaper in the UK than using electricity to cook and heat with?

2007-07-07 19:12:47 · 5 answers · asked by ev1go 2 in United Kingdom

2007-07-07 18:51:47 · 1 answers · asked by pie 1 in Canada

2007-07-07 18:02:15 · 2 answers · asked by angel_rat_83 1 in United States

can i pay UI and get UI benefits?

2007-07-07 17:34:48 · 2 answers · asked by sb 1 in United States

2007-07-07 17:11:16 · 2 answers · asked by angel_rat_83 1 in United States

Ok, I've been getting some mixed answers please help. Say for example that I run a business out of my office in my home and I need to purchase a computer. When I write this computer off as equipment needed to run my business will** The money be refunded back with taxes? or **Will the $500 computer be non taxed if it exceeds my business income for that year. Basically, with the computer and no income to the business it becomes a loss, so will it do me no good to write it off.

2007-07-07 16:54:05 · 6 answers · asked by Bri up 1 in United States

Do you think that we should end mediatory taxation for social programs? Think carefully before you answer. What would happen if these taxes were no longer collected? Now, on the other side; if you pay the same amount as some other countries, how would that benefit YOU?

2007-07-07 16:32:41 · 4 answers · asked by SapphireSeaFairy 3 in United States

2007-07-07 16:21:36 · 7 answers · asked by Mae 2 in United States

My husband and I are both US citizens who are interested in moving to Montreal Canada. My husband is afraid of being double taxed on his pension and Social Security benifits. How would the tax treaty affect his income? How can we figure out how much tax he will pay while in Canada? I am not currently working but will seek work after landing in Canada.

2007-07-07 16:14:32 · 3 answers · asked by VA LayD 2 in Canada

pay after deducting taxes ?

2007-07-07 16:10:12 · 2 answers · asked by Anonymous in United States

employer ? if so shoould i ask for a health insurance card or something ?

Otherwise can I ask them stop deducting medicare taxes ? how does this work

2007-07-07 16:07:17 · 12 answers · asked by Anonymous in United States

if they agree, will you get a refund on the amout you already paid !!!

2007-07-07 15:38:29 · 6 answers · asked by Anonymous in United States

2007-07-07 14:52:37 · 5 answers · asked by arunapuramvedantham 1 in United Kingdom

I won't have much mortgage interest to deduct in the current year (i.e. 2007) because my mortgage loan won't begin until September. I might be better off taking a standard deduction for 2007. Can I defer the deduction of my mortgage points on my home purchase which I paid for in 2007 , to my 2008 tax return?

2007-07-07 14:09:47 · 5 answers · asked by S T 1 in United States

For the past several months, I've been getting requests from people to get their gowns and clothes altered. I've been making good money and was wondering if I have to pay taxes and file taxes next year or something cause it's sorta like my own little business? What are the rules regarding this?

The reason I ask is cause I know some people who have jobs like mine and don't file taxes or anything, but I don't want to get in trouble or anything.
Any ideas?

2007-07-07 13:31:21 · 3 answers · asked by Jo 1 in Other - Taxes

The situation is this:
3 people sharing ownership, no other employees
the product we're selling is a web application that will be a online subscription service
we've decided to form a LLC

Based on tax laws (rates, flat fees, etc), where is the more beneficial place to form a LLC between New York and Connecticut? We don't expect any income for the first 5 months of the company's formation.

2007-07-07 11:36:17 · 4 answers · asked by liangonesearmy 2 in United States

the IRS in Texas- a community property state.it appears they are applying their guidelines for marital property by insisting that my pension be calculated with my husbands social security,His own pension and wages to determine if HIS social security benefits are further taxable.According to publication 555,pages 2,3,4 benefits are taxable to the person whose NAME it is or OWNED by. I take this to mean;HIS social security benefits,His wages and HisPension determines whether His social security benefits are further taxable. I don't receive social security. I receive a Pension in my NAME which is taxable to me and is not community property for tax purposes just because we share [the same reporting line] on form 1040,16b, and because of where we are domiciled.Being married and filing a joint return in the state of Illinois{non-community proprty state][ permits me to make this adjustment because the social security is not taxable to me. only if spouses totaled income exceeds the limit ..?

2007-07-07 10:48:12 · 5 answers · asked by skyy 2 in United States

2007-07-07 09:50:17 · 4 answers · asked by vtowngirl08 2 in United States

2007-07-07 09:47:18 · 6 answers · asked by timothy87 2 in United States

I'm being audited by my State, (Montana) for personal itemized deductions. Any pearls of wisdom??

2007-07-07 09:32:31 · 7 answers · asked by Anonymous in United States

2007-07-07 06:49:22 · 2 answers · asked by jeannie_1112 1 in United States