Taxes - August 2007

I havent filed my income taxes yet. I was wondering if I could hold off and file next year (2006 &2007 done at the same time) or do I lose money (due to me) the longer I wait.

Please advise.

2007-08-14 05:24:45 · 3 answers · asked by ★Banäna . Nightmärẹ★™ 7 in Other - Taxes

do you get more or less taxes cut out or your paycheck if you have one allowance as apposed to zero?

do you get more or less back at the end of the year?

i had put one down for myself?

2007-08-14 05:24:36 · 3 answers · asked by Anonymous in United States

2007-08-14 04:41:01 · 5 answers · asked by Dareld 2 in United States

Stats:
Single
no major corrections just the refund was corrected.

2007-08-14 03:11:42 · 4 answers · asked by Anonymous in Other - Taxes

2007-08-14 02:42:08 · 2 answers · asked by rusyl c 1 in Other - Taxes

I need some cash adn I have 2 options, take some cash out of an IRA or sell some stock. I hate to do either bit which is the lesser evil?

2007-08-14 02:31:22 · 7 answers · asked by Dee 5 in United States

2007-08-14 02:09:06 · 5 answers · asked by Brianna G 1 in United States

£125,000 - what can you buy with this before you have to pay 1%? This should be like £200K shouldn't it? Prices have gone up so much since the last re-rating.
Surely there should be a £1m+ stamp duty of say, I don't know, 5%?

2007-08-14 01:38:42 · 5 answers · asked by Galien5 2 in United Kingdom

I know thw 16th amanedment in 1913 began the Income tax but when was it necesary to pay them first and why?

2007-08-14 00:11:25 · 5 answers · asked by Anonymous in United States

2007-08-13 23:59:10 · 5 answers · asked by bmdesmarais1 1 in United States

2007-08-13 23:25:50 · 4 answers · asked by male in the USA 1 in United States

2007-08-13 23:13:11 · 4 answers · asked by Anonymous in United States

2007-08-13 22:41:26 · 2 answers · asked by buns5648917 1 in United States

I have planning permission to erect a conservatory on my g11 listed building. is vat payable or exempt?

2007-08-13 21:51:52 · 1 answers · asked by Anonymous in United Kingdom

Please help me!

2007-08-13 21:35:09 · 4 answers · asked by Anonymous in Other - Taxes

I owned a LLC and provides consulting services for my client. However, this client (and the only client, a corpration) only issues 1099 to individual, not to LLC because It's my client's company policy.

Can I just report all 1099 income, wiich issued to my, with my SSN, into my LLC (becuase this is indeed my LLC's income) tax return, not into Sch C in my indicidual tax teturn without any trouble from IRS?

Thank you very much.

2007-08-13 19:49:46 · 4 answers · asked by Madisoncate 1 in United States

Should the US government end ALL exemptions, deductions and credits. It doesn't matter if you're a business, corporation, single, married or have childred.
Modify Bracket system; 11%, 17%, 24% and 31%

2007-08-13 18:13:05 · 6 answers · asked by pisces02 4 in United States

I haven't filed in four years ( long story involving bad experience with ex-wife), but none the less i need to get caught up and have some of my paperwork. I have been self employed off and on over the last four years, Iheard theres a place you can get all your income history and I did a search on the IRS website but I didn't have any luck. Any suggestions would be appreciated very much. Thanks

2007-08-13 17:12:40 · 2 answers · asked by James H 1 in United States

Must you have an tax id/resale to operate a successful online biz? Also does anyone know how would I find out the cost of those,if in Michigan? I have tried going onto the treasury etc. no infoonly shows required licenses.

2007-08-13 16:59:33 · 1 answers · asked by Anonymous in United States

Is there anywhere online I can get like a tax calculater or a tax table? I am getting a bonus from my employer next mont and just trying to estimate the taxes its going to be 1156

2007-08-13 16:51:08 · 4 answers · asked by Tyler R 1 in United States

I have heard that after 150,000 of Annual Gross Income (AGI), the mortgage interest you pay on your primary home cannot be deducted fully, is that true? If so what is the formula to use to figure out the actual tax deduction available

2007-08-13 16:34:47 · 5 answers · asked by pinkesh s 1 in United States

In state California, does veteran get 6 months of unemployed pay if they go to school?

2007-08-13 16:22:58 · 2 answers · asked by Anonymous in United States

I work full time making 60,000/yr but I also work on weekends on my second job making about $15/hr (16 hours total per weekend). I am wondering if I will get any tax break or such when I file for my taxes next yr.

2007-08-13 16:04:17 · 7 answers · asked by uditnarayan11 2 in United States

2007-08-13 15:49:36 · 3 answers · asked by dsand10221 1 in United States

I'm legal resident of the United States for little more than 3 years, not a citizen yet.
Property which intended to be sold is current residence of my close relatives(mother, father and grandmother) they will move here in New York City and reside as permanent residents.
My question is: do they have to pay any kind of taxes, if yes then what % of the whole amount.
Also, as they do not have any banking accounts here in US, possibly, they'll transfer these money to my account electronically. In that case would I be liable for any kind of taxes from amounts appeared on my accounts?
Thanks in advance.
Any answer/advice will be gladly appreciated.

2007-08-13 15:47:01 · 4 answers · asked by ILIA. G 1 in United States

This year the property tax in my state was restructured, or in plain terms raised.
Some people are paying double or triple of what they use to pay.
One guy who owed over $12000 in taxes, so he decided instead of cutting a check, to bring in cold hard cash, in singles.
The assessor was pissed and told him to take it back and in his words "do it right"
Can he really demand that when there is no law prohibiting him from paying in cash?

2007-08-13 15:26:42 · 2 answers · asked by Kari 4 in United States

We were not married last year and she was only 17. I was 19 but I supported her 100% and she lived with me all year. She made less than $ 3000 for the year and no one else claimed her as a dependent. I have been told I could re-file now and claim her as a dependent for last year and recieve a larger refund. Is this true?

2007-08-13 15:21:40 · 7 answers · asked by bryan322 2 in United States

I wonder if I buy items and the auction closes for less than I paid: must I report each "sale" made as income if I'm losing money on sales? I really need a tax professional if you're out there. I would hate to have a tax bill for $100s or (gulp) $1000s of dollars after a year in which my business lost money. The IRS makes me nervous about starting-up a business...thanks for any advice to all.

2007-08-13 14:46:54 · 7 answers · asked by Justin 2 in United States

2007-08-13 14:39:00 · 3 answers · asked by Princess Social 1 in United States

2007-08-13 14:15:54 · 5 answers · asked by Princess Social 1 in United States