Taxes - August 2007

My position was recently eliminated. I am deciding whether to request unemployment benefits for just a little bit until my next job. I have many student loans, and in order to keep up with the payments on these, I would work various small jobs on the weekends in which I was paid via check, but it was for different companies and always way under $600, so nothing was ever reported. This income was not taken into account in determining what weekly unemployment benefits I would receive. If I continue to work these contract jobs, will I have to report them and have them deducted from my unemployment benefits? I will report them at the end of the year on my taxes, but how will the unemployment agency find out about them?? They do not prohibit my typical employment of 9-5 as they are on the weekends, and how will the unemployment agency be able to determine the exact dates that I worked a couple weekends if the agencies most likely won't even report this income? Please help:( Thanks.

2007-08-04 13:14:17 · 4 answers · asked by anne1980 1 in United States

By the end of this year, my yearly salary would be about 60,000

I am 27 years of age and would like to know will I end up owing $ to IRS?
I am concerning because when I was 22, I had a lower income at about 22,000 and I remembered the govt said that I make too much money for my age.

2007-08-04 12:53:28 · 4 answers · asked by Anonymous in United States

why do some places include the tax in the price and some dont

2007-08-04 12:26:05 · 7 answers · asked by Andreu 2 in United States

We pay our property taxes along with our mortgage and the amount listed on our monthly statement is considerably higher (roughly 20%) than what is listed on our county's Tax Assessor website for our address' estimated taxes (which includes city, school, county, college and hospital). Why would these numbers differ? Are we paying too much by some oversight during our mortgage process?

Thanks!

2007-08-04 12:18:01 · 4 answers · asked by wifey 2 in United States

My friend,who is 40, has been living with me since january, i am her sole supporter she has no income at all. i was wondering if i could claim her as a dependent on my taxes?

2007-08-04 11:48:24 · 2 answers · asked by AJSMOM 3 in United States

2007-08-04 10:30:17 · 7 answers · asked by janet h 1 in United States

I am doing the parents income estimator. I have no problem getting the income information from my father but would like to know what these questions mean.

it ask for the amount of Wages, salaries, tips, etc.

also,

IRS-allowable adjustments to income (payment to IRA and Keogh Plans, one half of self employment tax, self-employed health insurance deduction, interest penalty on early withdrawal of savings, alimony paid, and student loan interest deduction).

I am confused, can anyone help me out?
thanks

2007-08-04 10:29:40 · 4 answers · asked by explicted1 1 in United States

I'm 37 and trying to figure out whats best for me. Get a tax deduction for contributing to a reg IRA or take a chance and get a decent return having paid the tax and contribute to a Roth?

2007-08-04 10:17:17 · 8 answers · asked by Richard G 1 in United States

Hello, I go to the gym on Tuesdays, Thursdays and the Weekends and I run on the treadmill and burn like 800 calories each day. When I come back from the gym, what would be some good food for me that is fat free and very low in calories and will keep me full the whole day?

2007-08-04 10:12:04 · 3 answers · asked by Oli-NYC 6 in Other - Taxes

my best friend has just sold her house and for personal reasons had to move to council accomodation, now she did make a substantial profit from the sale, we were talking this evening with friends and someone said she would have to pay a large amount of tax on the profit, could anyone say if this could be right as she is worried now,as she has had to leave work and was depending on this money, thanks.

2007-08-04 09:46:34 · 8 answers · asked by Anonymous in United Kingdom

I was going to buy a new macbook but was wondering if these type of computers are not charged tax during the texas tax free weekend? So if I wait a couple of weeks will there be no tax on this computer?

2007-08-04 09:42:29 · 5 answers · asked by michael 2 in United States

2007-08-04 09:04:37 · 16 answers · asked by cokeonshelf 1 in United States

I filed a couple weeks before the due date in april, I haven't received any response or my refund. What gives??? They would have let me know if there was a problem, correct?

2007-08-04 08:55:43 · 9 answers · asked by Anonymous in United States

Hi! I'm a Jamaican citizen who was on a Work and Travel program last summer 2006 in North Carolina and before I left I filled out my tax return forms. The problem is I didn't receive my social security number although I did apply for one. My employer told me he would mail my tax return document and my social security card to me when he gets them. He also told me that he would file for my tax return in January 2007. I got the document that stated my tax return were filed in February but all now I haven't received my social security card. Is this going to prevent me from getting my tax return money? I'm currently a Permananet resident in Canada

2007-08-04 08:37:54 · 6 answers · asked by pb 1 in United States

2007-08-04 08:09:26 · 3 answers · asked by Anonymous in Other - Taxes

Is furniture also tax free in VA during the tax free weekend event?

2007-08-04 08:08:20 · 3 answers · asked by Anonymous in Other - Taxes

2007-08-04 07:40:25 · 7 answers · asked by debido461958 1 in United States

I have a good tax guy but he doesn't do electronic and it's 2005. I don't owe money but I thought I would try this forum for answers.

2007-08-04 06:34:22 · 3 answers · asked by Anonymous in United States

If I'm doing some freelance design on the side, do I need to charge my customers tax? And do I report that in the additonal wages section of my tax forms?

2007-08-04 06:00:11 · 3 answers · asked by schaller2003 2 in United States

If so is there a limit and would you have to prove it with a reciept or something?

2007-08-04 05:12:19 · 7 answers · asked by Romell M 1 in United States

My husband has recently become an independant contractor and I'm left to figure out the tax aspects of the deal. I know that 15.3% of the income is withheld for SS and Medicare, but what is % then for the actual Federal Withholding? I am guessing it's around 5% for the Ohio and school district, so any help yuo can give me would be GREAT!!!
Thanks!

2007-08-04 04:39:24 · 5 answers · asked by Anonymous in United States

if I get married and still owe taxes can they take my wife's income tax return to off set what I owe?

2007-08-04 02:58:34 · 5 answers · asked by mattbf2003 3 in United States

2007-08-04 02:45:09 · 3 answers · asked by M. S. 1 in United States

2007-08-04 02:25:39 · 11 answers · asked by pb.fan 3 in Other - Taxes

2007-08-04 02:17:21 · 12 answers · asked by pb.fan 3 in Other - Taxes

Where in our system is it stated in writing that we have to pay taxes? Websites please!

2007-08-04 02:13:30 · 4 answers · asked by mel28shore 2 in United States

my girlfriend and I were curious how much would she possibly get back? She gets $13 an hour but she works overtime alot and for a two week check it would be $1400 and $300 goes to taxes roughly what kind of return would she see at that rate?

2007-08-04 01:49:12 · 5 answers · asked by biking for life 4 in United States

This question is strictly based upon the tax-rate for a full-time employee on salary vs. a full-time employee paid hourly.

Please assume that they have the same tax information and earn the same amount of money when the salary is converted to an hourly rate or vice versa.

2007-08-04 01:44:35 · 8 answers · asked by The Dude 3 in United States

my monthaly gross income is Rs.14000/-

2007-08-04 00:10:32 · 3 answers · asked by AJAY KUMAR Y 1 in India

I'm planning to buy some Jessica Simpson cosmetics from eBay. The seller's location is in Canada and I plan to ask the seller to ship the items in my relatives' address in the US. I wonder if they'll be charged of custom taxes and if they have to go to the post office to get the items. Thanks! =)

2007-08-03 23:12:53 · 2 answers · asked by Bambi 1 in United States