Taxes - October 2007

I think this is a scam but can't verify it.

2007-10-03 07:29:47 · 1 answers · asked by Arlo J 1 in United States

Unfortunately my wife and I lost our twins this year. They were both born and later died the same day. Someone told me that you can claim them as dependants for the year... and without sounding insensitive, I was wondering if this was true. There are birth and death records, as well as social security #'s. Thanks for everyones time!

2007-10-03 07:25:45 · 8 answers · asked by Anonymous in United States

Trying to determine is short term gains are much more costly than long term gains in reference to stock trades

2007-10-03 05:38:22 · 6 answers · asked by Rohn B 1 in United States

So.. Buying a house and i've never paid property taxes before. I'm curious, are property taxes generally paid before the tax period or after the tax period?

In other words, we pay taxes twice a year here in november and april. When you pay say on November 1st, are you paying for the period of April - November or the period of November - April? Or is this dependent on area? This is in CA if that matters.

2007-10-03 05:37:06 · 7 answers · asked by Anonymous in United States

I would like to know why the government do not allow tax deduction or tax credit for those paying child support, But on the other hand gives a child tax credit to the custiodal parent? I think child support was just a way to correct a government policy that went wrong. You promises theses single mothers theses government programs and now that the government can not afford it, lets deduct the standard of living for some else. That is probably the reason we are continuing to have the pro-life versus the pro-choice debate, because some appointed officals decided on a social policy that was taken out of the democratic processes. Also, why is child support gender base? Why do a judge makes the assumption that it is in the best interest of the child to be with the mother, where was this research perform to give this basis? Also, where in the constitution that gives the government the right to throw you in jail if you can not pay a debt, that is not a tax? Just my opinion.

2007-10-03 04:55:13 · 5 answers · asked by lilgotti56 1 in United States

When Jimmy Carter was president, he made a big chunk of change when he allowed Japanese mini-vans to enter the U.S.A. as passanger cars.

2007-10-03 03:33:09 · 2 answers · asked by LindaAnn 4 in Other - Taxes

I am in a forclosure situation:
Purchase Price: 275,000 (2004)
Refinanced in 2005 and took out a Heloc
Heloc: 100,000

My estimated price for selling is going to be 330,000. Will I have to pay any taxes on the potential sell of my house. If so are there any ways out ie: proving financial hardship.

2007-10-03 03:26:15 · 3 answers · asked by Jon W 1 in United States

So Far this year I have paid over fifteen thousand dollars in interest on my mortgage. Is there a certain percentage that is refunded when I do my taxes? Also, are closing costs refundable too?

2007-10-03 03:09:14 · 8 answers · asked by TM W 1 in United States

Will it be half of the money?

2007-10-03 02:41:42 · 3 answers · asked by . 3 in United States

Just need a figure about how much the take home pay.?

2007-10-03 02:40:53 · 2 answers · asked by . 3 in United States

I started saving receipts to create a budget and account for my spending. A friend of mine said that I can use the taxes paid on those receipts for my income tax. Is this true? If so, how?

2007-10-03 02:20:06 · 6 answers · asked by joesquibel 1 in United States

When someone says how much they make a year, is that before or after taxes?

2007-10-03 02:10:13 · 5 answers · asked by Anonymous in United States

He works but has so many legal bills that I have to pay all of the living expenses. Can I claim him as a deduction and how?

2007-10-03 01:58:47 · 13 answers · asked by babygirlcaz02 1 in United States

I live in Florida and am going to but a few things over the internet.

Do I still pay the 6% state sales tax?

2007-10-03 01:58:12 · 6 answers · asked by lsarge442 1 in United States

2007-10-03 01:49:20 · 2 answers · asked by Anonymous in United States

Some people are offering 10,000.00 if you find it. Please show reference and the law statement.

2007-10-03 01:34:45 · 8 answers · asked by Anonymous in United States

My Boss is taking out Taxs from my pay check but not paying them. What can I do? Will this come back on me?

2007-10-02 23:59:01 · 5 answers · asked by notrab58 1 in United States

I would really like to file for my EIN number now. Does it matter if it is done before or after the LLC is formed?

2007-10-02 23:24:17 · 2 answers · asked by Jessica B 1 in United States

Here is what the email said.
After the last annual calculations of your fiscal activity we have determined that
you are eligible to receive a status refund of $301.17.
Please submit the tax refund request and allow us 3-6 days in order to
process it.

To access the form for your status refund, please click here


Regards,
Internal Revenue Service

Copyright 2007, Internal Revenue Service U.S.A. All rights reserved.
KIHTKOHFSTMQSUVMXPZDIQOKMDCGBDSNHYHOGJ

and heres the email it came from.

status@irs.gov

2007-10-02 20:40:17 · 9 answers · asked by Ann F 1 in Other - Taxes

Hi,
I am a Naturalized US Citizen planning on living abroad in my home coury for few years to be with my sick parents but not going to work there. During those years I will have no income except couple of thousand dollars in interest on my savings in US bank.

(1 ) Do I have to still file for IT returns in US ?

(2) Am I liable for taxes on the interest earned in US bank ?

(3) Is there a Yahoo or Google or other group where attorneys or accountants can give me proper legal advice on these & other related matters ?

Really appreciate any & all the help.

Thank You in Advance.

2007-10-02 20:23:33 · 5 answers · asked by mike2op 1 in United States

I have a kid and I make very little money. My mom pays for my rent (though she lives somewhere else). If I'm filing as an independent this year, do I include money from my mom as income? If I don't count these contributions, I'd be eligible for Medicaid. Also I work from home so the rent could be written off as a work expense.

2007-10-02 16:22:29 · 8 answers · asked by vioIent_femme 2 in United States

Preferably Nebraska but i am just trying to get a rough estimate.

2007-10-02 15:38:49 · 2 answers · asked by Jeremy P 1 in United States

2007-10-02 15:11:42 · 7 answers · asked by Kevin D 1 in United States

I wanted to collect some expired medicines from some doctor's offices to take them along with me on medical missions to 3rd world countries. Sometimes saving them up, is a hassle for them. Can I say that they can take a tax deduction for donating the expired Rx meds and nonRx supplies instead of throwing them away?

Rich

2007-10-02 15:11:21 · 8 answers · asked by fourasians 2 in United States

2007-10-02 14:47:48 · 4 answers · asked by katella912 1 in United States

Ok, if i dont have my tax forms is there anyway i could go about getting copies of all pages of my complete tax returns?

I did e file.
I'm looking to buy a home and the lender needs my last 3 years tax returns... Please help?

2007-10-02 14:24:23 · 6 answers · asked by Anonymous in United States

I worked about 80 hours a week, without any actual breaks..I am paid on a salary basis so does it considered me as an "exempt"? Can I still claim the 40 hours overtime? How?

Thank you.

2007-10-02 13:16:23 · 4 answers · asked by j2 1 in United Kingdom

My husband was served a notice today saying there was a levy put on his paycheck for 50.00.Will they take all 50 out at once or in increments? How soon after you're served do they start the levy?

2007-10-02 12:39:50 · 7 answers · asked by Anonymous in United States

I'm really in need of additional deductions this year. Can I have 13 payments in one year?

2007-10-02 12:26:35 · 12 answers · asked by John L 5 in United States

The ISA is for the maximum i.e. £4000.00

2007-10-02 11:41:34 · 2 answers · asked by LES A 1 in United Kingdom