Taxes - November 2007

The United States Supreme Court held that the income tax act was unconstitutional and ruled in favor of Pollock in Pollock v. Farmer's Loan & Trust Co., 157 U.S. 429, aff. reh., 158 U.S. 601 (1895). The decision that income tax is unconstitutional has never been overturned

2007-11-10 05:28:53 · 12 answers · asked by Anonymous in United States

2007-11-10 04:59:03 · 6 answers · asked by thugman 1 in United States

If we owe capital gains how do we find out? When are they due? I forgot to add that we re purchased for 479,000.

2007-11-10 04:49:09 · 2 answers · asked by susanjb2004 2 in United States

In addition, you may verify an organization's tax-exempt status and eligibility to receive tax-deductible charitable contributions by asking to see an organization's IRS letter recognizing it as tax-exempt. You may also confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

You may download the electronic version of Publication 78. The download file is a large compressed file, from which you may extract a very large delimited text file. Opening the file using word processing software may prevent formatting/appearance issues that may be present if the file is viewed with a text editing program.

2007-11-10 04:48:07 · 2 answers · asked by RUSerious 7 in United States

I chose not to let the casino deduct taxes (at 30%) because the IRS guidelines say that the IRS deducts 25%. I need to know if the amt I won will be considered general income so that my deductions will reduce the final amount I owe.

2007-11-10 04:25:16 · 11 answers · asked by Anonymous in United States

I want to know what my Income tax refund would be if 2007 ended with my last paycheck, I a 21 year old SWM with a 7 month old child am in NY but am withholding 0-0 from my paycheck,
1040

gross pay 20,152.39

Deductions
Statutory:
federal inc tax, 2248.93
Social sec tax 1180.20
Medicare tax, 276.01
NY state income tax
573.86
NY SUI SDI tax 26.40

Deductions
Other:
CNA addl, D&D 22.00

CNA life, 35.20

Dental, 128.70

Health, 899.80

Monthly Charity, 50.00

Vision, 88.44

3rd party W/H child support,
1384.00

401k, 1215.55


Possible additional Deductible expenses,

root canal + Crown,
455 $

about 2,000 in fuel to and from work,

no student loans or mortgage,

as of yet, no daycare expenses.

based off of that information, what can I do to maximize my $ returned to me, and what may that amount be, rough estimates are welcome,...

thanks :)

2007-11-10 02:47:37 · 4 answers · asked by Anonymous in United States

2007-11-10 02:46:44 · 9 answers · asked by 6th Finger 2 in United States

This is a settlement from the joint property equity in the estate as set by the court

2007-11-10 02:33:52 · 2 answers · asked by Anonymous in United States

hi can anyone tell if i purchased a car from the usa on the internet from the uk to import to the uk would i have to pay sales tax in the usa please.

2007-11-10 02:08:59 · 2 answers · asked by darren m 1 in United States

2007-11-10 01:54:12 · 4 answers · asked by stevensutherland 2 in United States

To buy something from someone, not as a gift.

2007-11-10 01:36:26 · 2 answers · asked by Anonymous in United States

if so how did it turn out? Did they do what they said they would do?

2007-11-10 01:36:18 · 2 answers · asked by elizabeth 4 in United States

You pay ss, medicare, Income tax, gas tax, Taxes on the useage of you phone, does anybody know how many other taxes you pay th the state and federal government, and how many of the taxes is congress trying to raise again? It seems like our government is a lot deeper in our pockets than people realize

2007-11-10 01:24:32 · 9 answers · asked by Gunny51 1 in Other - Taxes

New cigarrette tax, more taxes on everything, and letting tax credits for middle income family are allowed to expire all in order to fuel the overspending of the government. And lets not forget to tax 20% of the American public more than others by continously upping taxes on smoking ( 7? times since 2000). Doesn't this sound a bit like discrimanation against a minority of population?

2007-11-10 01:10:30 · 4 answers · asked by Gunny51 1 in United States

I am trying to find out what support there is for a flat rate of just 22% to replace the current system.Also a higher personal allowance of £15,000.

If you earned £17,000p.a (£326p.w) then you would pay only £8.46 per week (£440p.a) in tax. If you earn less than £15,000 per anum, then you wouldn't pay any tax on your earnings.

2007-11-10 00:33:18 · 3 answers · asked by Anonymous in United Kingdom

Let's say I made $5000 for only one month last year abroad, do I pay SS/medicare? Would I be considered self-employed?
Take another senario: I lived abroad for 350 days, went to school during the year and made only $5000 during the summer break abroad, do I pay SS/medicare? What Fed income tax forms do I use? The 1040, 2555, anything else?

2007-11-09 23:58:07 · 1 answers · asked by hmguesswho1 2 in United States

2007-11-09 23:41:55 · 5 answers · asked by James S 2 in United States

Ron Paul wants to get rid of the IRS, well then, something's gotta give, right? If not, convince me, I want to be wrong.

2007-11-09 23:12:59 · 6 answers · asked by ? 1 in United States

im 16, in full time education at 6th form and work 3 part time jobs. 1 at school, 1 at a pizza place and the other is waitressing at a rugby club in the on season. i don't earn over £5200 a year so should i be taxed. one of my employers says i should because im working more than one job?

2007-11-09 20:29:29 · 9 answers · asked by Anonymous in United Kingdom

that message give me a form to fill and submit to some agent and he replies to me stating that u have to submit a form given below to Nation wide bank Plc and they have told me that ur prize money in a temporary account that will be posted in ur credit after submission of following in that I have to submit A SWORN AFFIDAVIT OF CLAIM AND LETTER OF ATTESTATION FROM THE BRITISH HIGH COURT OF JUSTICE. [THIS MUST BE OBTAINED FROM ANY OF THE CROWN COURTS HERE IN ENGLAND].
I am India so that agent given me suggestion that u have to contact barriester in the UK that address also given to me by the agent and that Barriester asked me to sent some amount what can I do please suggest me in this regard. Is there any wards from yahoo uk-Ireland or not please confirm me

2007-11-09 20:04:17 · 14 answers · asked by govindmuddana 1 in United Kingdom

Lets say you buy $10,000 of stock A and $10,000 of stock B. 3 months later you sell stock A for 7 thousand and stock B for 13 thousand. In this situation do you write off the losses against the gains or do you have to pay taxes on the $3k gain on stock B?

2007-11-09 19:56:08 · 3 answers · asked by Anonymous in United States

So if one takes the Income Tax Course and passes the class, does that guarantee employment with HR Block? I am aware its only for Tax Season (until April 15th). But a job from now to April will be sufficient [im going to college full-time and graduating this year]. I just want to know if its almost a sure thing so I can put my 2 wks notice with my current employer . (The accerlated course starts last week in Nov).

2007-11-09 17:59:43 · 7 answers · asked by M.P. 2 in United States

hello
i bought my house in tx dec 06.its been a year so they teling me that i can get back some money based on how much i payed in interest in my payments...How do i calculate? do i realy get something? my property taxes alone are 2600

2007-11-09 16:54:50 · 5 answers · asked by MJ1977 2 in United States

I'm sorry, if this question has been asked a 100x already. I just got my greencard. I go to school, but I also want to do some babysitting. What do I have to do concerning filing taxes? Do I need a liscence? Do I have to keep track of my monthly income? Are certain things deductable (gas)?

2007-11-09 16:53:18 · 8 answers · asked by Kiwi 1 in United States

2007-11-09 16:50:30 · 4 answers · asked by Anonymous in Other - Taxes

i was born on october 30 1964

2007-11-09 16:36:53 · 7 answers · asked by tipee t 1 in Philippines

2007-11-09 14:13:56 · 10 answers · asked by popajohn_law 1 in United States

2007-11-09 14:08:42 · 2 answers · asked by Patricia J 1 in United States

2007-11-09 13:57:22 · 10 answers · asked by Anonymous in United States

The letter shows that he owes big $$ from a time period when he was in prison. Has anyone else recieved a 2050 letter, is it real? How can he owe taxes when he was behind bars 1998-2003. It shows he owes from 00 & 01.

2007-11-09 13:54:37 · 7 answers · asked by curious 2 in United States