Taxes - November 2007

The process for claiming your winnings has been made very simple so that by the end of one week at most, you are assured of having received your cash prize and all the legal documents backing your winnings. In the light of the above mentioned, you are to contact the the Agency that will be handling the transfer of your winning to you with the contact informations below:Contact Person: Mr. Franklyn White
Email:parcelflightcourier_deliverydept@yahoo.co.uk
Telephone: +44(0) 7024067015
Your approved winning Certificate number is UK/9876125
Your winning Transfer Identification code is .ELPC/MWT/0143
Lastly, I will require a concise update on your proceedings with the Agency that will be handling the transfer of your winning. If you need any assistance whatsoever from this office, please do not hesitate to inform me.

Yours Sincerely,
Mr.Micheal Field
Accredited Fiduciary Agent

2007-11-15 00:26:04 · 8 answers · asked by Anonymous in United Kingdom

I am 27 yrs old and I am on a Lease with my Fiancee

2007-11-14 23:42:49 · 7 answers · asked by erbandgerbchuza 2 in Other - Taxes

I'm 17 years old and just got hired at a CVS in NJ. This is my first real job (caddying I was considered independant and got paid in cash daily). How much (Percentage wise) will I get taken off in taxes and will I get these back?

2007-11-14 23:35:54 · 3 answers · asked by Anonymous in United States

How Deferred Tax Accounted

2007-11-14 22:30:51 · 2 answers · asked by Nilesh T 1 in United States

I just got approved for food stamps. What will happen when i get my tax return. Will they count that as income? How will they know...

2007-11-14 19:38:02 · 4 answers · asked by imbri_33 1 in United States

I am currently an accounting major and plan on getting my bachelors. If I get an entry level job right out of college making about 35k a year (avg is 35-45k) and I consider taxes it doesn't even seem like enough to live on. We discussed taxes in class today and the professor said we can expect at least 40% of our salary to go towards taxes...

35,000 x .40 = $14000

$14000/12=$1166.66

Considering the price of rent in my area... its pretty depressing

rent , car payment, and student loans ... CAN YOU SAY BROKE ?!

am I getting something wrong?!

oohhh and I'm located in the Ny area.

2007-11-14 18:49:02 · 4 answers · asked by hmmmm 1 in United States

2007-11-14 18:22:17 · 8 answers · asked by Janice P 1 in United Kingdom

My friend who is in her mid 40's has been left some money as both of ther parents have died. She has paid the Taxman a huge ammount of money and is left with about 40k.

She has not bought the big TV and all other fancy things she intends to save it for her pension. She is however on Benefits and if she declares it she will loose it and 40k will not last too long she could go out to work but as she has lost her parents and Sister shortly after she is totally worn out as the family home had to be sold to pay of the Tax man

what can she to cover up the money she has ?

2007-11-14 17:31:40 · 19 answers · asked by Anthony B 2 in United Kingdom

I went to H&R Block last year to get my taxes done and they told me I could not deduct the taxes or interest paid on my home because it was under $10,000 but I was told later that this was untrue. Who is right? If I should have been able to deduct my interest and taxes last year can I deduct them this year?

2007-11-14 16:03:15 · 8 answers · asked by dc3886 2 in United States

2007-11-14 15:54:32 · 7 answers · asked by Anonymous in United States

Do you have to file a tax return if you have no income? Thank you.

2007-11-14 14:41:58 · 5 answers · asked by sheri 1 in United States

2007-11-14 14:28:15 · 0 answers · asked by griffinzollner 1 in United States

How much can a family of 5 (two married parents and 3 children) gross and still get the earned imcome tax credit. Looking on the IRS website, it says the amount for have one child, then for having two kids (I think its $36000.00..gross). BUT I cant find what the cut off for a family with 3 kids would be. Does anyone know?? Thanks

2007-11-14 14:08:51 · 6 answers · asked by samantha 4 in United States

What kind of tax do I have to pay and how much when buying a car from another state and registering it in the state I live????

2007-11-14 13:45:51 · 6 answers · asked by udontcea 2 in United States

2007-11-14 13:13:25 · 5 answers · asked by redbone001 1 in United States

Just curious to see if any one knows: If you get a work at home job, or online job, does it get reported on your taxes? I know it might count as another job, but will the government charge you more taxes (you will owe them money, instead of getting any back) for that type of job?

2007-11-14 12:59:28 · 5 answers · asked by lovelydulce01 2 in United States

im 18 dont work and go to school (high school)
do i need to do taxes
or will i get introuble if i dont

2007-11-14 12:56:08 · 3 answers · asked by Anonymous in Other - Taxes

and know that your money was really going to help needy people recover... or pay medium taxes and have needy people get shoddy help that doesn't really work?

Sort of like would you buy yourself a reliable car for good money, or a junker that may keep taking more money and never work well....
Cause you get what you pay for, right? Even with social services.

2007-11-14 12:43:37 · 4 answers · asked by wawawebis 6 in United States

Facts:
- I have not lived at home since I was 18. My parents did not give me a living allowance. I paid for school through student loans.
- I turned 21 in March 2006.
- I was a full-time student until August 2006.
- I began working full-time in August 2006. (I made about $15,300 for the year. Long story short, my student job was through federal work study.)
- I got married in October 2006.

I filed (married/joint) and my mom filed (claimed me as a dependent) taxes for 2006.

The IRS sent both of us letters stating that we need to "get our story straight."

My mom is upset because now she owes something like $3,000 for claiming me as a dependent whereas I wasn't her dependent. Her accountant has suggested that I refile as married/separately... so I pay something like $1,000 and my mom can claim me as a dependent.

Does this situation sounds strange to you? I think her accountant doesn't know what she's doing. Recommendations?

2007-11-14 12:28:07 · 13 answers · asked by emilieluvsparis 1 in United States

2007-11-14 11:40:19 · 8 answers · asked by Anonymous in United Kingdom

2007-11-14 09:58:01 · 9 answers · asked by Kenneth D 1 in United States

im a 1st time home owner!!well,a condo owner.i understand i will get a decent tax break every year.and i understand home improvements are tax deductable,what does this mean?i get the taxes i spend on these items back.if mortgage is in mine and my girlfriends name,do we split the tax benifit,can we BOTH claim the home improvemen\ts

2007-11-14 09:42:01 · 5 answers · asked by jesse12508 1 in United States

I have a question on itemizing mortgage interest on form 1040.
I bought my first home last year, when I did my taxes they said I didn't have enough made in interest to itemize my interest. I think they told me I needed $10,700? In order to itemize it. My question is, this year I have enough to itemize my interest. How much do you get back approximitly? For someone who makes about 40k a year jointly with spouse? Will it be chump change or is it a nice chunk of change?

2007-11-14 09:38:35 · 8 answers · asked by Mark M 1 in United States

Some places say 8% some say % others are right in the middle. Then you have some paperwork say another percent and you cut that in half. Does anyone know the TRUE percentage so that i can start figuring out how much i need to save to pay off SS & M.

2007-11-14 09:15:04 · 2 answers · asked by Joshua C 2 in United States

My grandparents passed away about 7 years ago, my father passed last year. Only after my father passed with their house probated and my father received a 1/3 interest. I am his personal representative and I need to split his portion between my brother and myself (about 15,000 each) Do we need to pay any taxes on this in the state of Minnesota?

2007-11-14 09:03:15 · 2 answers · asked by Shanysue 2 in United States

Here is my situation. I am an IT consultant working by W2, and this year i would have made about 15k (worked 6 months), and 6 months of unemployment which I had them take out the taxes for.

Recently I did a programing job for a company in NY. They payed me $3,000 (company check).

What am I supposed to do? Deposit it, and fill out a 1099 when I do my taxes? Is the company supposed to send me a form so I can do the 1099? I am not sure what the procedure for this would be, but if you guys can give me an idea of how this works I'd appreciate it.

I don't want to have any problems when I deposit this and do my income tax in january.

Thanks in advanced.

-Lex

2007-11-14 08:06:21 · 6 answers · asked by Alexander M 2 in United States

2007-11-14 07:55:33 · 2 answers · asked by L CU 1 in Other - Taxes

I am filling out my W-4 and wondering if I am considered Head of Household. I am a full-time student, and I work full-time as well. I have my own apartment (renting) and I pay all the utilities and support myself. Does Head of Household mean you have to own a house?? Thanks!

2007-11-14 07:47:16 · 14 answers · asked by Anonymous in United States

2007-11-14 07:32:43 · 19 answers · asked by grannyannie 1 in United Kingdom

2007-11-14 07:12:44 · 3 answers · asked by Anonymous in United States