Taxes - September 2007

I will be working for about 6 weeks and need to know how i should file so that the least amount of taxes are taken out .

2007-09-15 10:40:34 · 6 answers · asked by Beau S 2 in United States

2007-09-15 10:11:42 · 3 answers · asked by mariyanto d 1 in Other - Taxes

my mom has a arm injury and wants to file for disability. she has not yet retired and was told that she would loose her retirement benefits if she filed for disability. is it true you can't file for both??

2007-09-15 10:04:41 · 5 answers · asked by ut4memp 1 in United States

Paygrade is a E-4
Has wife and 4 kids
Deployed to Iraq 7 months out of 2007
Estimated income for yr is 7058 and taxes paid are 900

2007-09-15 08:51:29 · 4 answers · asked by kramer 2 in United States

I just realized that I significantly under reported my charitable contributions in 2006. Should I ammend my 2006 return or can I simply add the amount to my 2007 charitable giving?

2007-09-15 08:21:30 · 9 answers · asked by Anonymous in United States

2007-09-15 07:50:49 · 3 answers · asked by yakngirl 5 in United States

2007-09-15 07:11:21 · 4 answers · asked by uno 1 in United States

Should i be paying taxes being a non US citizen ? Paying 30% of my skillgames winnings to the IRS .?
Hi , got a prob here . I play skillgames , such as Zuma and Dynomite , for cash , at Worldwinner . I'm fairly successfull , i make a profit . Problem is that the IRS are taking 30% of my winnings off of me . I am of Scottish nationality , UK citizen . Also they don't take my net losses into consideration , taking 30% of my winnings without taking into account that i've just lost $30 playing another game. Am i due a full return of all taxes paid ? It advises to consult an accountant to decide whether my net losses should be taking into consideration . A cyber friend of mine at the site has paid 10k in taxes in the last 6 months , he's Swedish . What's the script then ?

2007-09-15 05:16:54 · 4 answers · asked by Anonymous in United States

I need to buy a cell phone and if I order it from USA online, do I have to pay any taxes?Since Im new in Germany and I dont really know about custom rules here.
I'll b thankful

2007-09-15 04:15:50 · 3 answers · asked by the g 1 in Other - Taxes

I had an accountant file my returns in 2003, I was audited in 2005, by Federal. I took care of that audit, with my accountant. I remember at the time telling my accountant to make adjustments to that state return and sent him something. Well, the state return was never filed, now I owe 2500, at least 800 is intersting and penalties. I keep calling my accountant and he keeps saying he will call me back and doesn't take any action. I called the state myself, they just want to get paid.
Is there anyway to negotiate the fees and interest since I didn't know about the bill till 2 weeks ago. (2 years after the audit).

The state is CT.

The Federal Return was redone and paid. The accountant nevr filed the State portion.

Help. Any idieas? This was a private CPA firm.

2007-09-15 03:20:54 · 4 answers · asked by farmhouse168 2 in United States

2007-09-15 02:49:39 · 8 answers · asked by sunny k 1 in United States

for the taxman etc ? I thought it would be a much neater way rather than have loads of reciepts for fuel messing up the place! If it isnt, is there another neat solution?

2007-09-15 01:21:19 · 14 answers · asked by Anonymous in United Kingdom

Human medications are deductible on Form 1040 schedule A only if prescribed by a doctor. Question: are animal meds also deductible if prescribed by a veterinarian?

2007-09-14 22:35:27 · 9 answers · asked by Anonymous in United States

We live in Missouri, in the US, and purchased our first home for $43,000 in 1997. It was our primary residence for 3 years, during which we refinanced the mortgage for $50,000. After 3 years we turned it into a rental property and again refinanced as an investment property, this time for $60,000. After putting just over $20,000 in improvements into the property this year and last year we recently sold it for $78,000. My question is, are the capital gains taxes based on the original purchase price 10 years ago or on the amount of the mortgage we just paid off when we sold it?

2007-09-14 19:31:47 · 7 answers · asked by Shane M 4 in United States

Can it be correct that I have to work 77 hours a month to cover my estimated taxes. That just seems unbelievable, I was told by my cpa to write a check for $5827. Geez whats the purpose to own my own business if I have to pay that much. Ugh!

2007-09-14 18:42:13 · 6 answers · asked by kolorz 4 in United States

How much money could any one of us give her before we have to pay taxes? Considering there are four of us, is there a total she could receive in aggregate? This is in the United States.

2007-09-14 16:42:03 · 12 answers · asked by Bill 2 in United States

2007-09-14 15:27:52 · 5 answers · asked by Marius O 1 in United States

it was not in my paycheck! called them and they just keep putting me off! what should i do? it is like less than $90 but then owe me. so whats the best way to get my money.

2007-09-14 14:23:47 · 5 answers · asked by jen4274 1 in United States

If you own a business you obviously are going to write off a lot of things and you have to have your receipts right? Well how does the IRS check ALL your receipts? I mean you could have thousands, how do they check all of them and what steps do they take? You could ealisy have a lot of bogus receitps too, how could they tell?

2007-09-14 14:06:14 · 7 answers · asked by mrmanseven 3 in Other - Taxes

I have a source for inexpensive computer expuipment that I would like to begin selling on Ebay. However I have to pay sales tax from the provider, unless I have a Merchant ID.

Anyone know how I can get a Merchant ID?

2007-09-14 12:31:25 · 6 answers · asked by crookmatt 4 in United States

we are saling it for 350K less than what we owe, who pays taxes? I heard that we would get 1099. thats allot of money we'd have to come up with. We can't pay it! anyway to get out of it? or do we really have to pay it?

2007-09-14 10:41:25 · 13 answers · asked by Paris 1 in Other - Taxes

I owe $54,000 on the house, the state appraisal for taxes is $79,000. Is it worth it to get a reverse mortgage.

2007-09-14 10:36:39 · 9 answers · asked by Pat 1 in United States

Every year when I file taxes for some reason I have to pay uncle Sam $3000 and new york state $600. I don't make much money around $40000 a year. I don't know why is this. I'm single with no dependents and a renter. It really kills me. What do you guys think?

2007-09-14 10:26:12 · 9 answers · asked by Anonymous in United States

I am single male and about to start a new job at $36,000 a year I am really confused as to what I should claim on my w-4's, since I have never before made this amount of money. Any help or adive would be greatly appreciated!

2007-09-14 10:00:13 · 5 answers · asked by commet101 1 in United States

2007-09-14 09:55:39 · 4 answers · asked by shark 1 in United States

what reason or reason would an employer not take out federal taxes in payroll? Does the number of dependents matter? The reason why I ask is because my hubby's employer hasnt taken fed taxes out in like a month, where they have before...? what is going on with this? Is this their way of trying to screw us in the end?

2007-09-14 09:37:28 · 4 answers · asked by Anonymous in United States

I was wondering if there are legal avenues to use to avoid having social security benefits stopped when selling or after selling a property. Another words can a retired married couple sell a business property without penalty or ceasing of benefits, etc?

2007-09-14 09:25:23 · 3 answers · asked by bucky 1 in United States

How do I know how much tax to pay if I am a 1099-Misc independent contractor?

I make $82,000 a year.
How do I calculate how much Federal, State, Medicare and SS to pay?

2007-09-14 08:24:02 · 4 answers · asked by Anonymous in United States

2007-09-14 08:17:45 · 2 answers · asked by ? 3 in United States

I am starting a career in 100% commissioned sales as an independent contractor paid through a 1099. The business will have general office expenses. Would it be a tax benefit for me to start an LLC and have my checks paid to the LLC.

2007-09-14 07:41:42 · 3 answers · asked by Nutsogood 1 in United States