Taxes - September 2007

My wife does not yet have a visa to come to the U.S. I am still petioning her. We got married in July in her country. For tax purposes, am I single or do I file married but separate returns?

2007-09-13 14:10:58 · 5 answers · asked by 4TeamParlay 1 in United States

Taxing companies when their payroll exceeds a certain amount is a disincentive to employ people. This must be harmful to the economy and the community.
Why can't the stupid, useless and irrelevant state governments see that?

2007-09-13 13:56:28 · 3 answers · asked by shara. 2 in Australia

The city tax I found out from my employer were a mistake and SHOULDNT be taken since I dont live or work in the city of NY only the STATE. So how do I go about getting my City tax back since when I filed my taxes I didn't get a refund for my city tax?

2007-09-13 13:47:05 · 5 answers · asked by strawberrykiss31 1 in United States

When a company grants medical (dental and vision as well) benefits to domestic partners, it adds the value of that benefit as if it was paid in cash to each paycheck. So, if you make 10$ per hour and you work 40 hours (400$) and your company values the benefit being granted to your partner as 100$ - you will be taxed as if you were paid 500$ - even though you only receive 400. I'm just wondering if this can be claimed or credited somewhere when I file this year...

2007-09-13 13:35:02 · 5 answers · asked by billdyer76 1 in United States

2007-09-13 13:33:58 · 3 answers · asked by NY 1 in United States

I own a small company. I am thinking about leasing a car through my company. I want to know what kind of tax positives come out of this? I LIVE IN ILLINOS

THANKS IN ADVANCE

2007-09-13 12:13:54 · 4 answers · asked by searstower 2 in United States

If you were Regular Armed Forces and you found out the folks in your platoon were all paid pre-enlistment bonuses? $20,000, tax free to be there, Would you feel confident with a "paid for" soldier next to your reg service uniform, in a regular service uniform? Would you feel betrayed?

2007-09-13 12:01:46 · 6 answers · asked by Anonymous in United States

I'm a US citizen and want to do this. I have a regular job I pay taxes on and make extra money as a sports bettor (punter in the UK). I don't want the US government to take that money. In the UK punters don't pay taxes. I just wanna know what can I do to get my gambling money in a UK account.

2007-09-13 11:45:08 · 16 answers · asked by apocq 1 in United States

Does taxable medicare and taxable social security income decrease for pre tax deductions (such as 401k, flex spending) in the same way the federal taxable income decreases?

2007-09-13 11:04:19 · 4 answers · asked by Numbers 2 in United States

i am confused by the language in the tax code...does the vehicle have to weigh more or less than 6000 pounds? or does that only matter if it's an suv? does an suv have to weigh more than 6000 pounds but a sedan can weigh less? is there a minimum weight? i am not interested in alternative vehicle tax credits. what exactly do i need to know to minimize my out of pocket expense in purchasing a vehicle and claiming it as a section 179 deduction?

example: could i buy a bmw x5 and deduct its cost if it weighed less than 6000 or must it weigh more than 6000 pounds? could i buy a chevy camaro (obviously weighs less than 6000 pounds)?

also do i understand correctly that one has the option of depreciating the cost of the vehicle over the life of the vehicle or expensing the complete cost of the vehicle all at once? ...or both?

thanks

2007-09-13 10:51:42 · 5 answers · asked by pgvolff 1 in United States

Where is the law that states a person is to comply to an income tax?

2007-09-13 10:12:34 · 7 answers · asked by done 3 in Other - Taxes

im doing a research project on this title. but i need help in areas cover...

also do u think it be hard to get information on this topic.

2007-09-13 09:56:43 · 2 answers · asked by oooops! 2 in United Kingdom

this year? I just became an independant contractor at the end of last year, and I haven't contributed all year. Would the rollover be seen as a contribution, since I was taxed when it changed over???

2007-09-13 09:35:14 · 5 answers · asked by Jennifer G 1 in United States

My mother is over 65 and owes the IRS back taxes. She makes under $26,000/yr. We have hired a law firm to negotiate with the IRS as she does not have the means to pay.She recently heard of a person (a friend of a friend) that found out after some research,that they are not liable because they are over 65 and make under either 24k or 26k per year. However, my mom's attorney's (who only deal with the IRS) neglected to mention this, so I'm not sure if it's true. Possibly the law firm knows this and wants to collect fees anyway? Any info would really be appreciated.

2007-09-13 09:11:39 · 13 answers · asked by Anonymous in United States

I am considering buying a house that I would immediately have to build on to. I have about $64k in equity on my current home, but if that is not enough I am considering taking $20k out of my 401k to supplement the building costs. If I do this how stiffly will I be penalized by the IRS for withdrawing the money?

2007-09-13 09:07:28 · 7 answers · asked by kmcpmgoodson 5 in United States

2007-09-13 08:32:54 · 4 answers · asked by jjjguo2003 1 in United States

2007-09-13 08:18:54 · 7 answers · asked by Justin M 1 in United States

2007-09-13 08:13:45 · 11 answers · asked by Anonymous in United States

Any ideas to save on income tax before one has to start making withdrawals from IRA?
I thought one way would be if you're 67 years old and you know you will have major medical expenses in these next 2 years, should you withdraw some out of your IRA since you will be able to deduct the medical expenses from your taxes? Otherwise, if you wait till 70 1/2, then you will not have the deduction benefit.
Any other ways to save income tax when you start making IRA withdrawals?

2007-09-13 07:51:25 · 8 answers · asked by violetkites 3 in United States

Do I have to declare it to US Customs at the point of entry? If yes, will I be charged for any custom tax? Or I just simply need to declare that I have such an amount?

2007-09-13 07:23:54 · 9 answers · asked by prettysweetymarga 1 in United States

I was ordained in May of this year, what is a website that lists all the benefits of being a minister or a tax-related book that shows what I am allowed to use for tax exempt purposes. Thanks, Reverend Craig

2007-09-13 06:30:23 · 7 answers · asked by craigcnnll 2 in United States

His father left the country and left him a long time ago, his mother (dumb *****) abandoned him/kicked him out of the house and married some other guy and had a baby with him. He sleeps at his job in the park and friend's houses everyday. A long story on how I got to know him and he has become a friend. I let him stay at my place, I feel so bad for him. I'm a college student myself, but he looks up to me/respects me like I'm his dad. I recently convinced him to go to college, He hasn't filed his taxes for a couple years. He wants to fill out FAFSA for student loan, but can he get financial aid or not? What should I tell him to do? How do fill the application correctly if he didn't file his taxes?
Also, what other "assistance" can he get as far as housing/food ect... that you know of? He has got absolutely No-one, execpt me really helping him. He will do his taxes from now on as I have advised him to do. He is working as in a grocery store now. He wants to go school Spring 08

2007-09-13 06:26:26 · 3 answers · asked by Anonymous in United States

Its for $ 62.00. We have a privledge tax here but i don't thats what it is and thats supposed to come out in January.

2007-09-13 06:20:57 · 4 answers · asked by honeygirl17403 1 in United States

I just disputed two of them and got a credit $$ :)

2007-09-13 05:16:26 · 4 answers · asked by May Hegglin 3 in United States

Do we have to change our dependants to only 1 between us in order to not pay in a ton at tax time??

2007-09-13 05:02:29 · 2 answers · asked by cowwhiskers 2 in United States

I am a self employed photographers assistant and I was just curious, what part of my money do i get back? say I bought a new lens for my camera, do I get the tax back? or does the government just decide? thanks

2007-09-13 04:27:19 · 14 answers · asked by Jacob M 2 in United States

l live in Rhode lsland. l play the Massachusetts lottery, Mega Millions which R.l. does not have. "lf" l were to win the Mega Millions, do l have to pay both Mass. and R.l. taxes.

2007-09-13 04:21:18 · 6 answers · asked by cd215@verizon.net 2 in Other - Taxes

When paid weekly, I had lost about 15% of my check to taxes. When paid bi-weekly for the same job, i lost about 21% to taxes. Would I make more money if i was paid weekly? I really don't understand how taxes are decided, any help?

2007-09-13 04:07:49 · 11 answers · asked by Anonymous in United States

I just wanted to know about what i get back when I'm making about 36 a year. If so please tell me where to look on my check stub. I thought i heard something like i get all the federal back or something.

BTW. I claim no Dependants and I am a single 21 year old on my own.

2007-09-13 03:53:29 · 5 answers · asked by Justin 2 in United States

My wife started working part-time at Target nearly a year ago, and since she's been there she hasn't had *any* federal or state taxes taken out. Ever. She makes less than $800/mo gross pay. When she filled out her W-4 form, she had put "1 - married". (She didn't claim "exempt" or anything.) Her paystub clearly shows "1 - married."

This doesn't seem right. I would expect the lower the number of exemptions she claims, the more taxes they would take out of her check each month. I don't encounter this with my full-time job. I claim "1 - married" and I have a lot of taxes taken out of my check each month!

Is retail different or does it have to do with her lower income? We're going to call their corporate office to learn more, but any suggestions would be appreciated.

2007-09-13 03:32:34 · 5 answers · asked by Anonymous in United States