Taxes - October 2007

My husband is currently claiming 1 on his W-4. He gets a bonus check at the end of this month. He wants to change his claims from 1 to 4. So it will be less taxes taken out. Would this affect us when its time to file taxes.

2007-10-31 08:26:17 · 7 answers · asked by Brittney T 1 in United States

If I put it in both our names and I die, wouldn't she be able to keep the house.

2007-10-31 07:39:00 · 3 answers · asked by Patrick R 1 in Other - Taxes

2007-10-31 07:30:01 · 4 answers · asked by frankey t 1 in United States

i filed the 1040 when i shouldve filed the 1040ez....do i send in the 1040ez and explanation letter or soemthing????PLEASE HELP

2007-10-31 06:15:23 · 4 answers · asked by gracious2728 1 in United States

claim 2 dependents on our W2's? We're so confused on what filing status we should have. We're trying to avoid owing money.

Should one of us claim 2 and the other claim 1 dependent, so that we don't wind up owing? We have no children.

2007-10-31 06:12:54 · 5 answers · asked by Anonymous in United States

My sister sold her house and she is moving to a new one. Does she have to pay taxes on that money?.

2007-10-31 05:44:56 · 10 answers · asked by 747pilot 3 in United States

2007-10-31 05:22:07 · 5 answers · asked by smartsid 1 in United States

I just started working for home writing articles. This is the only income I've made this year. The amount has not yet reached $400 so I haven't had to file any taxes but in the next month or so I should be making at least $1000. When do I need to fill out a 1040ES form and send it in? Also, on the form you are supposed to make an estimated guess as to how much I am going to make this year but the year is almost over. If I fill this out in a week or so do I just calculate what I will make by December 2007? If so, when I do I file another 1040ES form for 2008?

2007-10-31 04:03:46 · 5 answers · asked by Salem 1 in United States

2007-10-31 03:51:03 · 1 answers · asked by Anonymous in United Kingdom

2007-10-31 03:47:40 · 5 answers · asked by Yanni D 1 in United States

2007-10-31 03:37:10 · 4 answers · asked by Paul 2 in United States

I can't see it on my pay slip and don't know if they are taking off the amount correctly!

2007-10-31 03:08:00 · 2 answers · asked by gair_2 2 in United Kingdom

I currently work part time as a medical transcriptionist at home. The only expenses I deduct at the end of the year are books and equipment, etc. and also my DSL but can I deduct part of all of my electric and/or phone bills or any other thing like this? Thanks.

2007-10-31 02:59:18 · 10 answers · asked by AngieBaby 3 in United States

I'm interested in other folks experiences with handling taxes for their nanny? I know there are payroll and nanny pay and softwares out there that can assist. Or should we try and do this on our own or use a service? Where do we begin if we handle on our own?

2007-10-31 02:27:21 · 5 answers · asked by dam8867 1 in United States

I need to change my marriage status and withholding tax for state and federal tax, what form do you need to fill out?

2007-10-31 01:48:14 · 2 answers · asked by telcozuba 3 in United States

Please explain to me how to begin the process of filing taxes as a self employed person. I know I have to fill out the 1040ES form but thats it. I'm not even sure how to fill it out. How do I know what my monthly or quarterly payments should be? When should I start making payments?

2007-10-31 01:13:12 · 4 answers · asked by Salem 1 in United States

My wife & I married in June. She has a 7y/o son that she claims as dependent. He does not generate his own income and he lives in the houses with us for the entire year.

2007-10-30 23:29:18 · 8 answers · asked by marko 1 in United States

I just started working from home and just this week started to get paid. I'm going to be making around $1000 to $1500 a month. I've never been self employed before so I don't understand what I need to do about taxes. How do I send in quarterly or monthly tax payments so I don't get hit with a big tax bill at the end of the year?

2007-10-30 23:17:15 · 4 answers · asked by Salem 1 in United States

The cash in bank account is credited for the total amount that is paid by the employer to the epmployees?

2007-10-30 22:07:46 · 2 answers · asked by luckyplaya23 2 in United States

When a business transfers money from its regular checking account to teh payroll checking account, the check is written for the amount of gross earnings?

hmm...

2007-10-30 22:06:42 · 2 answers · asked by luckyplaya23 2 in United States

Amounts witheld from gross earnings and held by the employer until the time of payment are assets of the business?

true or false? i have no idea.

2007-10-30 22:05:10 · 1 answers · asked by luckyplaya23 2 in United States

I was in a car accident and the medical bill costs $6,000. It was not my fault. My car was total wreck. Do I pay all the medical expenses and claim a tax deduction ? I am a student and don't have any job. I don't have any health insurance and the school does not have student health insurance. I talked to an attorney and the attorney said I will ultimately be responsible to pay for all the medical expenses on my own.

Can I ask for a reduced medical expense from the hospital and get a tax deduction on the following year when I find a job ?

I live in southern California.

Thanks for your help

2007-10-30 21:52:25 · 6 answers · asked by Bobb 1 in United States

Is there such a tax? if yes, in what case should it be applied to the employees? And what is the percent? I heard it is 12% is this true?

Thanks so much!

2007-10-30 20:59:39 · 5 answers · asked by catennacio 2 in United States

does anyone know if h&r block is doing the advance loan with your paycheck stub this year

2007-10-30 20:15:54 · 3 answers · asked by Anonymous in United States

Does anyone know if H & R block is going to offer than loan program this year? They offered it last year...they let you take out a loan and ti gets deducted from your income tax return.

2007-10-30 16:21:07 · 4 answers · asked by Anonymous in United States

I own some shares of a mutual fund. Will I be taxed in the coming years on the capital gains and dividends, even if I reinvest them and do not sell any shares?

2007-10-30 15:04:09 · 7 answers · asked by Anonymous in United States

And what state are you from? Is it related?

2007-10-30 14:06:43 · 11 answers · asked by Laura F 1 in United States

I'm flipping a house. I own a primary rresidence. I stand to make 60K on the sale, not including repairs, settlements, etc. Can I deduct repairs from the profit of the house? Is there any way to reduce the capital gains tax?

2007-10-30 14:00:27 · 6 answers · asked by Rote 2 in United States

how long does it take to get your paycheck is it 2 or 4 weeks.......how much do they take out of your paycheck because of taxes. thanks:)

2007-10-30 13:19:13 · 2 answers · asked by Anonymous in United States

2007-10-30 12:36:49 · 8 answers · asked by kyda3509 1 in United States