Taxes - September 2007

I'm going to cash in a 4,000 IRA soon, and wondered if anyone knows approx. how much in tax I will have to pay at tax time next year

2007-09-23 10:49:28 · 5 answers · asked by Anonymous in United States

How long should we keep deceased bankstatments and taxes? My grandma died in 2006 and my great aunt passed away this year.

2007-09-23 10:10:36 · 5 answers · asked by Kat 3 in United States

2007-09-23 09:59:47 · 4 answers · asked by dana d 1 in United States

i worked at this place from january of 2007 till september 2007 and i wanted to know if i can get my w2 online? i need my w2 from this place because i am forced to file my w2 and pay my taxes and have everything clear before febuary of 2008.

2007-09-23 09:45:45 · 6 answers · asked by BLAZER-HM147 2 in United States

If I purchase a new computer or laptop, can I claim the full amount back from my VAT. I was told that if I buy a pc for £400 then £400 will be deducted from my VAT bill as it's classed as consulmables. Is this true or would I just claim back the VAT i spent on the item?

Thanks

2007-09-23 09:24:11 · 6 answers · asked by Tabbie 3 in United Kingdom

Well, I have found that my non-running car is not worth fixing. I would like to donate it but how does that work? My father has to pay taxes and has been pressing me to sign the car over to him so he can get the deduction. I do not have to pay taxes at the end of the year so would it even benefit me if I donate it?

2007-09-23 09:23:39 · 6 answers · asked by Anonymous in United States

How do I calculate tax on that bonus plus salary plus overtime? UK only.

2007-09-23 09:05:31 · 2 answers · asked by Anonymous in United Kingdom

2007-09-23 08:33:19 · 4 answers · asked by ken k 1 in United States

i work for my father at his company. he has old personal debts and one found his company bank account which was customer money(not sure if illegal?)

He is getting an LLC very soon.

Should i put my name on it?

whats my risk if i do and someone sue's the company???

whats the risk if i dont and someone sue's the company???

Someone please help!!!!!!!!!!!!!!!!!!

2007-09-23 08:06:02 · 6 answers · asked by Deidre~&~Joshua 2 in United States

Does it go on 1099-INT or 1099 OID?

2007-09-23 08:05:46 · 3 answers · asked by m s 1 in United States

I'm 17 and my father just passed away this year. However, I had been planning a trip to Japan with my friend. Can I use the social security money I get monthly for this?

2007-09-23 07:50:07 · 11 answers · asked by youresohxc56 2 in United States

2007-09-23 07:20:16 · 5 answers · asked by tonya l 1 in United States

We need to stop the population growth and this would offer incentive to not have a bunch of kids that one can't provide for. It would also help raise tax dollars. China only allows one child. We should start limiting to just two.

2007-09-23 06:52:04 · 8 answers · asked by Anonymous in United States

i am an idaho employer who recently hired an employee who refused to fill out and submit a w4. i kept getting the same excuses, i forgot my information, etc. after a week i terminated the employee. now the ex employee wants their pay and i dont know what to do regarding the lack of federal tax documents. i later learned that the employee wouldnt fill it out because she didnt want to report her new job to unemployment. what do i do?

2007-09-23 06:36:00 · 3 answers · asked by top2bottomllc 1 in United States

I'd like to know if it's possible for a UK taxpayer to deduct from tax donations that he did to a foreigner charitable organization (no profit) , for example from Italy. The organization is regularly registered.
If it's possible, which kind of document will this person need? Is a simple receipt enough?

Thanks for your help!!! :o)

2007-09-23 05:05:00 · 2 answers · asked by Tara 1 in United Kingdom

Iam from India , if i buy a product like a book or a beauty product online from a usa store and its shipped to india,do i have to pay additional tax to collect it from the airport authorities or is it shipped directly to my home.

2007-09-23 04:50:51 · 2 answers · asked by Anonymous in Other - Taxes

In the upcoming tax season I will be newly married and unfortunately my husband will be incarcerated. Can I qualify for the EIC credit?

I'm thinking of going the Head of Household route since we will have only been married a month at the end of the tax year...Does anyone agree???

I will NOT have lived with him at all this year, when I marry him he will be incarcerated! So I will not have lived with him at all during this year. NOW can I file Head of household????

2007-09-23 04:38:53 · 4 answers · asked by Anonymous in United States

2007-09-23 03:56:44 · 3 answers · asked by gslimjim98 2 in United States

Hi,
I am looking at renting out my property for a year or two whilst things settle and renting a new property whilst living away.

I understand that you pay tax (at 40% as already have a job) on any amount that is deemed profit once you have allowed for mortgage, agents, upkeep etc

What I am not sure of is that we are taking a mortgage "holiday" atm from our lenders. As such we are not making any mortgage payments although the interest still builds up. Do we still allow for the interests part of the mortgage payments? Would it be more prudent to start paying the interest amount of the mortgage payment to our lendder again to avoid getting a hefty tax bill at the end of the year?

How do I calculate the interest portion of our monthly payments? I do know that about 70% of our yearly payments are interest and the rest actually pays thte mortgage - based on last mortgage statement.

Hope this makes at least SOME sense :O)

Thanks

2007-09-23 03:12:21 · 3 answers · asked by Moosehound 3 in United Kingdom

2007-09-23 02:11:45 · 5 answers · asked by just me 1 in United States

a) Do palestinians in America hate us?
b) Do they cheat on taxes a lot.
c) Please no racist comments.

2007-09-23 00:35:30 · 4 answers · asked by Anonymous in Other - Taxes

2007-09-22 23:30:28 · 3 answers · asked by susan h 1 in United Kingdom

your house drops $50,000 in value, can you claim a loss? shouldn't property taxes drop as well?

2007-09-22 22:06:19 · 8 answers · asked by Anonymous in United States

2007-09-22 19:25:28 · 4 answers · asked by Beth K 1 in United States

I've always wondered about getting back more on my taxes and writing stuff off. I don't have a business or anything like that, but I recently baught a home and stuff to go in int, like a refrigerator and carpet and stuff....only to find out this can't be written off on your taxes. Is this true? I know the value of my home will go up these were somethings I had to do, but...is this true, they can't be written off.

2007-09-22 18:50:45 · 4 answers · asked by Deedter 2 in United States

I WANT TO KNOW ABOUT THE E-LOTTERY COMPANY UK OFFICE. 7,WEST END AVENUE. CHESHIRE, UK

2007-09-22 18:48:02 · 4 answers · asked by himani s 1 in United Kingdom

So if you have a part time job, and you are a student. What is the maximum amount of money that you can make before you have to file an income tax form?

2007-09-22 16:20:19 · 4 answers · asked by Anonymous in United States

2007-09-22 16:20:02 · 7 answers · asked by Richard 2 in United States

Do I need to keep all invoices like Gas, suppliers, restaurants, etc for tax puropse ? I Charge it all on my credit card, Is Mastercard statements enough for the taxes ?

2007-09-22 16:11:07 · 4 answers · asked by Myself 3 in United States

In the upcoming tax season I will be newly married and unfortunately my husband will be incarcerated. Can I qualify for the EIC credit?

2007-09-22 15:23:48 · 4 answers · asked by Anonymous in United States