Taxes - November 2007

2007-11-14 00:10:34 · 2 answers · asked by Amy T 2 in United States

2007-11-13 19:08:57 · 3 answers · asked by cjaces 1 in United States

Do non-profits have to pay an income tax on the donations they receive?

2007-11-13 18:33:46 · 3 answers · asked by swollen_goat 2 in United States

online gratuity calculators would be helpful

2007-11-13 17:33:00 · 3 answers · asked by truesh 2 in India

They took $1400 already, if not, about how much will i get back? Im a college student living in MA, single, no dependants, non dependant.

2007-11-13 16:29:26 · 5 answers · asked by Elan M 2 in United States

ok, so I have been filing my taxes through H&R block the last few years. I previously owned my own company. I now have a few different business, but I know nothing about taxes. I was told to always keep ALL my receipts.

Do I get a bigger refund for reporting all my expences? or does that make my earned income credit lower?

2007-11-13 15:50:05 · 3 answers · asked by lindasuegray 1 in United States

When a married couple lives in a state with no income taxes, they are allowed to deduct sales tax. If the couple paid $1560 in sales tax on a $26000 car and another car had state sales tax of $1800. Are the state sales taxes deductible on Schedule A? If yes, all of them, and do you list it under personal property taxes or under other taxes and write in state sales tax? Thanks, Tim

2007-11-13 15:40:24 · 7 answers · asked by Timothy H 1 in United States

Ok, I need to ask this again, and add some info to it. My husband is on long term disability, so he doesn't get taxed, but still has to report it on his taxes. He owes from last return, but how do i file if I don't want to pay his taxes, but I want to inlcude him because the refund would be bigger if he is on it, we claim 2 kids, and a house. I fugured with just my income being taxable, our refund would be more but i don't want to file with him if there is a chance they will snatch mine for his debt.

2007-11-13 15:04:30 · 4 answers · asked by SoSickWitIt! 2 in United States

If my husband owes, will they take my taxes if we file together? We are newly weds and this is a debt from his taxes from last year. Should I file married, but separate?

2007-11-13 13:45:36 · 3 answers · asked by SoSickWitIt! 2 in United States

2007-11-13 13:44:31 · 1 answers · asked by tamayras1960 2 in United States

Can I still take the standard deduction and personal exemption on my own tax return? I'm giving them whatever my refund will be but I'm not sure if they can claim me? btw I am not disabled.

2007-11-13 12:57:37 · 8 answers · asked by corsby 1212 1 in United States

I am being audited from 1997 to 2002. My former employer for those years has gone out of business. It has so far been very difficult to get a hold of him as he has moved out of the area. During my most recent move (2006), I somehow lost these tax forms. Where can I get copies of these forms? Please help.

Steve

2007-11-13 12:45:20 · 7 answers · asked by STEVE T 1 in United States

Since I file my taxes separately I get standard deduction and personal exemption of $3400. Can my parents claim that personal exemption instead of me on their return?

2007-11-13 12:40:51 · 10 answers · asked by j r 1 in United States

How much in total deductions?

2007-11-13 12:25:25 · 3 answers · asked by j r 1 in United States

My mother had to file last year because she had some income besides Social Security. This year, however, she has only received Social Security. Does she still have to file federal income tax forms? She also gets minimal interest off of a CD and savings account.

2007-11-13 12:09:54 · 6 answers · asked by indigo 2 in United States

I am a recent amputee and current have received a leg and wanted to get the extended warranty for 5,000. Wondering if it is tax deductible?

2007-11-13 11:43:10 · 2 answers · asked by gsouser1 1 in United States

2007-11-13 11:41:34 · 2 answers · asked by ferk12 1 in United States

I am submitting some financial docs and now they want an Audited Income Statement - I have no clue - I use Quickbooks but I don't see it listed under reports
Thank You!

2007-11-13 11:11:49 · 3 answers · asked by Anonymous in United States

Hi, I am doing some graphic design freelance and I am making about $3000 a month from it.
I would like to buy a new computer and maybe lease a car with that money, can I use it as my deductable? I have a full-time job too so how does it work?
Do I fill W-2 or 1099? will someone give me some advice? Thanks so much

2007-11-13 11:00:55 · 1 answers · asked by bchen521 2 in United States

Sales taxes owed....$40,000 in New York State..

2007-11-13 10:02:53 · 4 answers · asked by Mike 1 in United States

Do i receive the "federal w/t" part on my work payment summary, (paycheck) on my tax return?

2007-11-13 09:03:15 · 7 answers · asked by xstal_101 3 in United States

Say you were a dog-walker or solo interior decorator, paid in cash by your clients. How would you go about finding out if and how the IRS expects to be paid?

2007-11-13 08:37:10 · 8 answers · asked by Anonymous in United States

If we bought the house this year and then refinanced within the year (for a rate reduction only); do we get to use both settlement figures for the tax deductions? I know there are certain allowable deductions when purchasing or refinancing -- but can they both be used in same year's taxes?

2007-11-13 08:36:39 · 3 answers · asked by Goddess 5 in United States

2007-11-13 08:32:27 · 2 answers · asked by mia mobley 1 in United States

Say you drive 60 miles one way to work and someone is willing to pay you to advertise on your car. Are you technically employed by them? If so, can the mileage driven, even though it's to another job, be written off as buisness miles on your vehicle? Tax returns allot a certain amount per mile, thirty-something cents last I checked. That could be a huge write off. Any tax specialists out there?

2007-11-13 08:28:58 · 3 answers · asked by jurassicbeaver 2 in United States

I would like to withdraw my contributions only from Roth IRA. I was told by ETRADE that they will send a 1099 to IRS and I need to pay tax/penalty unless I tell the IRS that I'm withdrawing my contributions only. Does anyone know what forms I need to file with tax so that I don't have to pay tax and penalty (I'm under 59 and not under Disability). Thanks so much for your help.

2007-11-13 08:18:43 · 9 answers · asked by Anilchachan 1 in United States

I have a second mortgage on my house that I currently owe about $50,000 on. My mom has recently offered to help me out and pay it for me. In other words, she would write the check out to the mortgage company. My question is, is this considered income for me? Do I have to declare that I "earned" these $50,000 on my tax return? Am I going to have to pay anything?

2007-11-13 08:18:02 · 9 answers · asked by Anonymous in United States

I'm Vat registered and clients as well as friends and family will be invited... i know i can claim vat back on my own hotel bill if I'm travling for business but I'm nto sure about this.

2007-11-13 08:10:06 · 2 answers · asked by StuartFox 2 in United Kingdom

I am getting married next month, Dec. Now my qeustion is does she have to include me on her taxes for 2007? I heard if we got married with in the first 6 months of the year, then she would have to. But not if its in the last six months of the year. Anyone know this info?

Please and Thank you!!

2007-11-13 07:12:36 · 6 answers · asked by duh..... 1 in United States

I recently got married on August 11, 2007 and would like to know if I can file single for 2007 or if I need to file married. Also, do I need to change my deduction amount on my W-4 this year or can I wait until next year? Please tell me how to handle these things with the tax season coming soon.

2007-11-13 07:08:57 · 9 answers · asked by Anonymous in United States