Taxes - September 2007

I'm a DJ and have mostly do minor gig's often for free. Kinda like a hobby. I have recently been asked to get into a weekly gig and the resturant want's my W-9. I'm guessing that's my SSN and related info. I was wondering what they will use it for and if it will require me later to pay taxes or if my tax liability would be taken from the check before I got paid. They need the info. soon so any help would be much appreciated.....

2007-09-27 09:35:01 · 5 answers · asked by Ray 2 in United States

If someone receives a 1099 form which shows that they made 800 or 900 bucks, is it necessary to file taxes for that? I heard that you only have to file if your income is more then 7k in one year.

2007-09-27 09:14:35 · 6 answers · asked by El Yankee 2 in United States

My taxable income is 31k, right below the 25% tax bracket (for 2007 $31,850), so I think I should still get the 5% tax treatment for capital gains. If I have 5k in cap gains will I pay 15% or 5% on them or a combination of both? Just looking at a 1040 it is not obvious to me.

2007-09-27 08:30:09 · 5 answers · asked by Peter 2 in United States

Ok so a family member owed taxes one year and just quit filing and didn't pay the $1000.00 that was about 6 years ago and I have talked her into starting the process to just get it over with so she is not living under a shadow where does she start ? Thanks

2007-09-27 08:25:20 · 7 answers · asked by MommaG 2 in United States

It increased about 1500 from last year. This is the 2nd year that we've owned our house. What to do?

2007-09-27 08:20:13 · 9 answers · asked by M 2 in United States

I rrecently went to HR Block to file my 2005 back taxes on 09/04/2007. I am expecting a Return that I set to automatically deposit into my account, So, when can I expect to recieve it???

2007-09-27 07:42:40 · 6 answers · asked by BlessedBeauty81 1 in United States

2007-09-27 07:38:26 · 3 answers · asked by sam j 1 in United States

2007-09-27 07:18:41 · 8 answers · asked by matador 1 in United States

unployment? i live in georgia. it was a small real estate company with about 7 employees. thanks

2007-09-27 07:13:41 · 5 answers · asked by Anonymous in United States

irs.gov can you halp me thank you

2007-09-27 06:56:42 · 5 answers · asked by Anonymous in United States

I live in louisiana and so far year to date I am above 30,000. Some one said that when you hit 30,000 you have to pay when you file is this true?

2007-09-27 06:53:54 · 6 answers · asked by nonclairavoyant 1 in United States

2007-09-27 06:36:06 · 4 answers · asked by Kevin B 2 in United States

self employed am i supposed to b paying taxes for s.s. benifits later ??

2007-09-27 06:32:44 · 4 answers · asked by unkbengi 1 in United States

2007-09-27 06:13:21 · 6 answers · asked by Anonymous in United States

I bought a condo, and want to write off the taxes and interest that I will pay, and wanted to know how this system works.

2007-09-27 06:09:48 · 10 answers · asked by aabdullayev@sbcglobal.net 1 in United States

AlbertsonLLC hasn't followed through with last wages for last 6 shifts, company non responsive, whom do I turn to, through the government, to achieve my wages?

2007-09-27 06:03:43 · 3 answers · asked by yellowsunrose 1 in United States

I have a friend that hasn't filed taxes in like three years...She says she really hasnt worked but here and there. but regardless I would think they're are penalties for that..even if the government would initially owe you money you're actually giving it right back to them...right? I would like some input from others can you help me help my friend to understand the importance of this...thanks guys...

2007-09-27 05:48:05 · 3 answers · asked by stag4_2000 1 in United States

my mom inherited 10,000 is afraid that will screw up her taxes at the end of the year, should she give it to me as a gift to help or will that put me in a new tax bracket and not able to get earned income credit.

2007-09-27 05:28:25 · 8 answers · asked by Melissa Z 1 in United States

2007-09-27 05:24:16 · 2 answers · asked by geo 1 in United States

2007-09-27 05:21:55 · 13 answers · asked by lotsofluv40 1 in United States

2007-09-27 05:14:15 · 3 answers · asked by Anonymous in United States

I do not have a normal place of work like an office. Normally, I go to one home then back to mine. Occasionally, I go from one home to another to another in an afternoon. If I'm able to deduct mileage, how do I document that?

2007-09-27 04:45:34 · 6 answers · asked by barscheeze 1 in United States

is FICA = Social Security + Medicare taxes deducted from my paycheck? Or is it something else?

Am I missing anything?

2007-09-27 04:12:25 · 4 answers · asked by Alekz 1 in United States

I am currently in a masters program. I pay $8400/ year for tuition. My employer remiburses up to $5000/year. Therefore, I am paying a net cost of $3400 out of pocket. Can I claim the $3400 as a tax deduction? No one claims me as a dependent.

2007-09-27 04:06:22 · 3 answers · asked by Scotty H 3 in United States

HOW DO THE INLAND REVENUE CALCULATE TAX ON MY STATE AND COMPANY PENSIONS

2007-09-27 03:19:45 · 2 answers · asked by KEN134 1 in United Kingdom

My only income is SS and I borrowed from 401K due to financial hardship, will I still have to pay taxes since my SS is only income and I'm on SS disability

2007-09-27 02:54:45 · 4 answers · asked by vmell6224 2 in United States

2007-09-27 02:06:32 · 2 answers · asked by joan j 1 in Philippines

I’ve been self-employed for about a year now and I have recently started keeping more detailed expense records. Because I use my home and personal automobile for business related purposes a lot of my ‘personal’ and business expenses are crossing and I’m having a hard time figuring out how to keep my records. As I understand it, my Internet, Cell Phone, Rent, Electricity, and Mileage are all or partially deductible on some level. My problem is that currently I am using my personal checking account to make payments for all of these things. I do have a Business checking account that I recently opened as a Sole Proprietor under my SSN but haven’t started using it just yet. My question is should I use my business account to pay my Internet, Cell Phone, Rent, and Electric bills in addition to my fixed operating expenses and other standard business related payments? The only conflict I could see is that in some cases only a portion of those expenses are deductible. Will that be an issue?

2007-09-27 01:53:45 · 6 answers · asked by Keezee 2 in United States

Actually my question is this :

My friend is offered a "free ride" to a private school. All they need is her proof of independence from her parents, which means a few years worth of tax returns from both her parents and herself.

Her only problem is she's unwilling or unable to talk to her parents to get such paperwork.

So the question is, what other way can she prove her independence? I think subpoena is overkill, but can she have a divorce/emancipate from her parents? Is there anything you can do to show you don't live with them (far away), thus independent?

2007-09-27 01:46:42 · 4 answers · asked by Smartass 4 in United States

Who is responsible for providing a W-4 @ the beginning of employement? And if I'm not provided with a payslip on each payday, how can I obtain current witholding information? By law?

2007-09-27 01:36:21 · 3 answers · asked by rockydogg97 1 in United States