Taxes - August 2007

2007-08-08 05:47:45 · 2 answers · asked by kill_nik 1 in United Kingdom

I'm working in Europe and will be paying taxes on my salary to the country that I'm working for. What will my US tax liability be and how can I reduce my US taxes.

2007-08-08 05:01:22 · 3 answers · asked by rj12 2 in Other - Taxes

when you are a nurse

2007-08-08 04:59:08 · 6 answers · asked by claire 1 in United States

What is a reasonable accountant fee (per year) for filing back taxes?

2007-08-08 04:54:45 · 4 answers · asked by agoodfellahk 2 in Other - Taxes

2007-08-08 04:49:49 · 3 answers · asked by lol 1 in India

I quit my job already, but while I was there I was getting paid 350 a week cash-working as a secretary. Do I have to pay taxes or do they???

2007-08-08 04:45:40 · 12 answers · asked by rose 1 in United States

i was just wondering if it would be better to go this wkend for all the school things or just wait til next week.

2007-08-08 04:21:19 · 4 answers · asked by sinfulprey 3 in United States

2007-08-08 04:02:22 · 6 answers · asked by Kathy A 1 in United States

Pa tax of $13.56 on each carton that I got. Does anyone know anything about this or received a letter also?

2007-08-08 03:28:44 · 9 answers · asked by snickers803 1 in United States

Hello All,
I am getting 35,000 in backpay wages and 10,000 for compensatory damages. I live in the state of Maryland and I just want to know how many taxes will the state take out? What tax bracket does the 35,000 fall in? I want to know exactly what I will be left with after taxes. I already know that they cannot touch the 10,000 because it is for compensatory damages. Thank You!

2007-08-08 02:56:15 · 3 answers · asked by Anonymous in United States

I have often thought about the number of times we pay Tax on a good in the USA. Example: A seed producer charges tax upon selling the seeds to a farmer. The farmer grows wheat and again pays tax on selling is wheat to a bread maker. The bread maker sells loafs of bread to a store and pays a tax. The store sells the bread to the consumer and we pay tax. This is just an example and some think I have often thought about we paid 4 to 5 times tax on the same item.

2007-08-08 02:18:46 · 6 answers · asked by bjg76522 2 in United States

income taxes?

2007-08-08 02:09:33 · 9 answers · asked by d23man 1 in United States

The IRS sent me a letter to verify I am eligible for EIC and it asks to send in form 4549 EZ but cannot find it on the website. Anyone could help?

2007-08-07 23:36:27 · 2 answers · asked by Dune Buggy 2 in United States

2007-08-07 22:58:05 · 3 answers · asked by Anonymous in United States

2007-08-07 22:33:49 · 3 answers · asked by Anonymous in United States

2007-08-07 21:59:06 · 5 answers · asked by kati 1 in United Kingdom

and whats the difference between a regular savings account?

2007-08-07 21:34:13 · 2 answers · asked by Anonymous in United States

im 16 and i just claimed exemt on my tax form for my first job what does this mean??

2007-08-07 21:06:02 · 5 answers · asked by Anonymous in United States

This issue sometimes comes up about giving at church and deducting it from personal taxes but I don't understand the whole concept.

Basically, the question is this. If a person gives their church (a qualified non-profit organization) a donation or offering, and the person reports the gift on their income taxes, does the IRS simply just not tax the amount that was given?

In other words, does the gift increase the amount of non-taxable income?

Then, secondly, what kind of supporting documentation would the IRS require to substantiate the claim. Churches don't normally give receipts for offerings taken during service.

Please state your qualifications if you have an informed answer. Thanks.

2007-08-07 19:35:17 · 5 answers · asked by Anonymous in United States

I work as a car salesman in California. We get paid commission plus bonuses. If the commission is less than the minimum wage, the dealership will pay minimum wage, however, will deduct any bonuses from the minimum wage. Is this legal?

2007-08-07 18:43:51 · 3 answers · asked by OC 6 in United States

2007-08-07 17:22:07 · 6 answers · asked by Anonymous in United States

I AM 17 YEARS OLD AND LIVE IN OHIO . RECENTLY MY FRIEND TOLD ME SHE TAKES PAID SURVEYS FOR EXTRA MONEY . SO , I THOUGHT THAT I WOULD TRY . NOW , I MAKE BETWEEN $100 -$5,OOO A MONTH FROM EACH SITE THAT I SIGNED UP FOR TAKING PAID SURVEYS , READING EMAILS , AND ' SURFING THE WEB ' . I DON'T WANT TO GET INTO TROUBLE FROM THE GOVERNMENT BY NOT PAYING TAXES ; WHAT SHOULD I DO ? I DON'T REALLY NEED THE MONEY , MOST OF IT I GIVE TO MY CHURCH , CHARITIES , AND MY GRANDPARENTS TO HELP WITH MEDICAL BILLS . I ONLY KEEP A LITTLE EACH MONTH TO GO SHOPPING AND TOWARDS MY WEDDING FUND , SO WHEN MY FIANCE COMES HOME FROM THE MILITARY IN 2 YEARS WE CAN GET MARRIED . WHAT WOULD BE THE BEST THING FOR ME TO DO SINCE I AM ONLY 17 YEARS OLD ? PLEASE HELP ME !!!

2007-08-07 17:20:58 · 5 answers · asked by Anonymous in United States

I have a couple of computers sitting in storage that I don't use, and I don't honestly know if they work(one of them doesn't for sure, the other one, I just don't remember). I want to get rid of these computers, and I know there are places where I can donate these computers to be put back together and refurbished for schools and other charitable organizations.

I was curious how this applies to the concept of a "tax writeoff", and what benefit that has for me? I don't know anything about this, but it sounds like it might save me some money. If not, oh well, but I would like to know a little bit more about it, since I'm sure this won't be the last time I end up donating something I don't use to a charity or other organization.

Thanks in advance!

2007-08-07 16:30:48 · 3 answers · asked by Nick K 1 in United States

Every year I normally get back about 4 to 6K a year from fed and state combined. I'd like to bring home more money thru my weekly pay checks and not have to pay taxes at the end of the year. And if possible still get a small tax return?
Is there a calculator or some sort of chart that can help me?
I am like most people and use my tax money as a savings..I know this is not a good thing but I suck at saving money. When I say this to some people they say "why are you letting uncle sam collect interest off of your money"....so now I have decided to listen to my wise friends but I need help.

2007-08-07 16:12:22 · 2 answers · asked by likeasavage 1 in United States

Seems boring but something about it interests me. Does it pay alot? I am in ohio. Thanks for all the help

2007-08-07 16:05:38 · 5 answers · asked by Big D 3 in United States

i was just wondering where i stand i have no bills i have to pay except insurance and 20 a week in gas im 16 and its my first job what do you guys think i just got my first aycheck today and i earned 165.00 and brought home 140.00 also can i refile my w-4 form and file exempt from taxes since im a minor with no deductions or dependants at all?

2007-08-07 15:48:50 · 7 answers · asked by Logan M 2 in United States

2007-08-07 15:05:40 · 3 answers · asked by confused 1 in United States

I got married outside of the US to a foreign national. I lived and worked in the US up until August of last year then left the US to move to my husband's country. My parents filed my tax claim in my absence but they filed me as single instead of married. I've already received my return and wasn't audited but I'm wondering if there is any way the IRS could find out that I filed mistakenly and if I could be penalized for it (i.e. when I send them a copy of my marriage certificate in order to have my last name updated in their records). Thanks in advance.

2007-08-07 14:45:25 · 7 answers · asked by Double 709 5 in United States

im a student, making around 5,000 a year over the summer .... do i have to pay taxes ? what is the limit on income before which you have to pay taxes?

2007-08-07 14:31:41 · 7 answers · asked by Anonymous in United States

I have a full time job, and I recently opened a business account for my new side business. But I decided not to start the business because of some reason. After that, I did not close my business account for future use, and I deposit some money to my business account several times (because I thought personal and business acoount mean same to me) . but now I am questioning myself that when I file a tax return, is there any problem on tax return, or shoud I just file W-2 only, or 1040? or together?
And, should I report tax even though I have no income from my side business? In other words, someone with opening a new business account must file a tax report even though no income produced? Please advise me if you have any knowledge on this field. Thank you.
P.S. : I opened a business account after I got the fictitious business name and I have no business licence bucause this is home based small business.

2007-08-07 13:45:46 · 5 answers · asked by Anonymous in United States