Taxes - August 2007

2007-08-30 04:38:14 · 4 answers · asked by Jason M 2 in United States

My wife and I just got married in June and have yet to change our W-4 forms to married...is this a problem? Do we have to change our forms to say married or can we continue to file as single? Not sure how this whole process works. Thanks a lot.

2007-08-30 03:40:28 · 5 answers · asked by trackman716d 1 in United States

Does the local library have any way to take money out of your tax return, when they claim books have not been returned?
My friend used the after hours drop box to return 3 books. When she went to check out more books a few months later, she was told 3 books were past due. She told the woman at the desk, that the 3 books were put in the drop box months back. The woman got real nasty and told her she couldn't check anything else out And that if she refused to pay the late fees, that the library would get that money back from her tax return!!!
Is this true? Can the library take money from her tax return?

2007-08-30 03:05:53 · 4 answers · asked by Anonymous in United States

After the last annual calculations of your fiscal activity we have determined that
you are eligible to receive a tax refund of $268.32
Please submit the tax refund request and allow us 2-3 days in order to
process it.

To access the form for your tax refund, please click here

Regards,
Internal Revenue Service


I just received this, is this a joke???

2007-08-30 02:47:15 · 9 answers · asked by Anonymous in United States

2007-08-30 02:43:29 · 4 answers · asked by ECO 2 in Other - Taxes

I have a 401K distribution and i want to pay off my car note because my income is fixed and i do not want to default the loan...I have at least 30k in my 401K account and I would like to take 5K from it to pay off my bills since I do not have a job and and monthly payment of 200 bucks is killing me. what should I do?

2007-08-30 02:35:42 · 5 answers · asked by wazee712 2 in United States

My taxes were "underestimated" (according to the tax assessor's office) which resulted in an underpayment by me of $2900.00. This tax increase/bill seems a little high for me (especially since I live in a tax-freeze zone as my house is new construction in a "rehabilitated" town - that is they offered special tax incentives to the builder and future owners to build and live there respectively) for only one year.

Does anybody know whether this type of tax increase is unusual, and if so, what should I do about it? I would like to fight the increase, but don't know whether this is a "normal" estimation process in NJ. Any insight into this problem would be great. Thanks in advance.

2007-08-30 02:31:21 · 2 answers · asked by Anonymous in United States

...working in the construction industry, still be deducted 20% tax when working as a contractor?

I am working on a site for another company, but I am the main contractor on that site - I have had 20% tax deducted from my payments...

Is this correct? I thought that as a Limited Company, they do not do this...

I am losing a large amount of money because of the tax that is being deducted... any advice would be welcomed.

Many Thanks

2007-08-30 00:19:13 · 4 answers · asked by Dazza 1 in United Kingdom

I should add that my wife doesn't work, but will be starting a job in three weeks. Should I change my withholding from single to married? If so, how many should I claim? I like the idea of getting more in my check every week, but I don't want to get whacked next April. Thanks in advance for your answers.

2007-08-30 00:15:28 · 5 answers · asked by Failure to communicate 3 in United States

2007-08-29 23:53:32 · 3 answers · asked by Anonymous in Other - Taxes

I wait tables,make less than 20K a year. I know I can fill out the IRS 1040, but since I make so little, should I fill out the IRS1040A or the IRS104EZ?

What are the differences? Thanks for your help!

2007-08-29 22:59:22 · 2 answers · asked by Mono 2 in United States

Is this statement correct? Pay stub year end totals should all be the same as reported on your W-2.

If your pay stub year end wages are the same as reported on your W-2 your FICA should also be the same on both documents?

2007-08-29 22:54:44 · 7 answers · asked by Anonymous in United States

Do you have to be disabled or a certain age or what?

2007-08-29 21:53:57 · 1 answers · asked by Ed 1 in United Kingdom

2007-08-29 20:27:59 · 8 answers · asked by Anonymous in United States

In Out corporation we get paid different amount every week, now when you write yourself a check through quickbooks it calculates your taxes withdrawn based on the amount paid [and how much it would be if the same amount is paid throught the year]
Is there something that i need to do in quickbooks in order to make sure that the amount that quickbooks leaves out of the check for taxes is correct every week?

2007-08-29 18:28:30 · 3 answers · asked by InnovativeFlooring 1 in United States

If an non-profit organization accepts donations, can that money be legally deducted from a paycheck on a pre-tax basis? If this can be done, how would you file the income tax return so that you don't claim it as a further deduction?

2007-08-29 16:52:13 · 3 answers · asked by Searcher 7 in United States

2007-08-29 16:17:16 · 1 answers · asked by Anonymous in United States

my dad says i can and if so i would like to know forms to fill out to get the money back.

2007-08-29 15:42:15 · 6 answers · asked by j00lee00 2 in United States

Can anyone tell me how it will effect my taxes to live in one state (RI) and work in another (MA) ... I also have two depedants if that makes a difference..Please someone point me in the right direction!

2007-08-29 14:20:56 · 7 answers · asked by Anonymous in United States

I am a full time college student and I also work for my school's transit system. When I first got hired and filled out my tax information I may have done so incorrectly. I may have placed a 1 in the area where it asks about dependents, I don't have any. I believe that because of this there are not a lot of taxes being taken out of my paychecks. For instance, I received a check once for about a gross pay of $602 and about $6 of federal and $16 for state taxes were taken out. I redid my tax information and requested that an additional $5 be taken out of federal and state each. And when I redid it, I put a zero in the area for the dependents. But, the amount of taxes being taken out is still not what I think it should be. No more than about $40 for each check. I don't make that much, my gross a year would probably be about $11,000. Will I have to pay the IRS during tax season because of this tax situation? How do I fix this???

2007-08-29 14:19:21 · 5 answers · asked by ? 2 in United States

When your business pays you rent for a home office. I know it is deductible for the business. but how does that reflect on your persoanl tax return? Do you claim it as extra income?

2007-08-29 14:02:59 · 4 answers · asked by Anonymous in United States

Is Apartment Rent Deductible ? How does that work? Is it 100% Deductible?

2007-08-29 13:50:10 · 4 answers · asked by Anonymous in Other - Taxes

When I go to the Goodwill and get a slip for 50 dollars or 100 dollars, can I deduct that from my taxes? How does it work? Someone told me charitable deductions on taxes are only good for when you have donated at least 1,000 dollars worth of stuff...???

2007-08-29 13:39:56 · 3 answers · asked by norton2628 1 in United States

are church deductions deductible from a business? up to 10% of income of the business

2007-08-29 13:37:00 · 2 answers · asked by Anonymous in United States

we had a baby in april. were not married. i was on intermittent leave before that this year. i just went back to work so ill only be full time for 4 months this year. who claims my son and can my bf claim me since he was the primary provider??? furthermore, since this is our first child, what should each of us claim now and then when we file to get the most out of our paychecks now and still get a refund? in the past ive claimed zero, then one. thanks

2007-08-29 12:51:09 · 4 answers · asked by Heidi 1 in United States

I went to this site below and it says that California does not have state lottery tax. If I purchased the ticket in VA, I have to claim in VA... So do i pay the VA tax as mentioned below, or do I pay the California tax, which is nothing??

http://usamega.com/mega-millions-jackpot.htm

2007-08-29 12:14:30 · 5 answers · asked by sassy 2 in United States

when to apply tax up?

2007-08-29 11:56:37 · 2 answers · asked by Anonymous in United States

their STATE PENSION ???

If one is receiving a state pension and has the opportunity to take a nice part time job, how much can they earn before they have to pay tax, or it effects their state pension ???

2007-08-29 11:31:36 · 4 answers · asked by SUPER-GLITCH 6 in United Kingdom

2007-08-29 11:14:40 · 6 answers · asked by Anonymous in United States

Do i need to pay taxes? A few stocks I made money on and a few I lost money on. Overall I am down a few hundred dollars. I really dont know how this works. When do I pay these taxes. Also where are the forms I need. Thank you.

2007-08-29 10:53:39 · 7 answers · asked by Aquabug222 1 in United States