Taxes - November 2007

2007-11-08 03:37:54 · 5 answers · asked by Foo223 2 in United States

Are stafford loans (or direct loans) from US government be used as a tax-deductible interest when filing for taxes?

Thanks!

2007-11-08 03:25:11 · 2 answers · asked by Dr. W 3 in United States

2007-11-08 03:24:04 · 8 answers · asked by Brandon 1 in United States

2007-11-08 03:15:13 · 13 answers · asked by Brandon 1 in United States

my support is over paid does that count?

2007-11-08 03:05:31 · 11 answers · asked by Anonymous in United States

bottom line, want to make sure I am not going to owe come april.....have the typical situations, 2 mortgages, not so typical 4 children....

2007-11-08 03:02:10 · 4 answers · asked by Anonymous in United States

I just moved to GA and my brother doesn't live with me, he is currently unemployed, am I considered head of household?

2007-11-08 02:49:51 · 7 answers · asked by dre1c83 1 in United States

2007-11-08 02:47:35 · 4 answers · asked by Brandon 1 in United States

Taxes related to TD AMERITRADE offers are your responsibility. Retail values totaling $600 or more during the calendar year will be included in your consolidated Form 1099.

Does this mean I will be reporting $600 as recieved income, and will be subject to appropriate income taxes?

2007-11-08 02:20:38 · 6 answers · asked by Anonymous in Other - Taxes

I have not been able to find an answer to this problem so hopefully there's some tax gurus here that can help me out.

Here's the situation, these numbers are not accurate but should give an idea of the problem. Say I make 60k a year. The IRS says that medical expenses have to be at least 7% (?) of your income before they can be deducted. That would be $4200. I have payroll deduction for my medical insurance of $3000.00. That money is taken out pre-tax so that can't be used as a deduction. However I have $3000.00 of medical bills throughout the years. That is below the $4200.00 the IRS would allow for a deduction so I can't deduct it. However if I didn't have the medical insurance taken out of my paycheck pre-tax, that would give a total medical bills of $6000.00 and all of that would be deductable. I've spoken with my HR dept and they can't take the insurance out post tax. Is there anyway to deduct these additional medical expenses? Hopefully I explained this correctly.

2007-11-08 02:11:08 · 6 answers · asked by smf_hi 4 in United States

My wife and I bought a double house (and lived in half) in 98 for 72500. Wife died in 99, and I moved out and began renting out both halves of the house in December 99.

Last month I sold the house for what I owed, 52,500. (Yes, the market is that bad).

Can I write off the loss? Can someone direct me to a website that explains some of this stuff? I fully intend to see a tax professional, but want to understand what they tell me with some research on my own. NY State, by the way.

2007-11-08 02:00:08 · 4 answers · asked by Tim C 2 in United States

I would like to know if i were to file today how much I would get back (i know i cant file today anyways since i dont have my w2 yet but i'm just looking for a guestimation.) I am married I claim married but withold at a single rate and I claim 0 depends for all my tax info. My net YTD pay is $13595.76 and my Gross YTD pay is 14519.01. My total taxes taken out are 3323.27. How much should I get back?

2007-11-08 01:14:05 · 3 answers · asked by ♥Kempa♥ 4 in United States

state and law prevent certain money from being taken to satify judgment such money is said to be exempt

2007-11-08 00:43:22 · 2 answers · asked by boricuafj 1 in United States

2007-11-07 20:04:01 · 5 answers · asked by Anonymous in United States

can we carry her on our tax return when we file even though she are working she just started to work in november

2007-11-07 18:41:29 · 3 answers · asked by howaboutit99@sbcglobal.net 2 in United States

2007-11-07 16:16:47 · 4 answers · asked by Anonymous in United States

I was 17 during my time of employement in 07, I am now 18 and want to file on my own... Am I able to do so?? How much of your taxes do they actually return?

2007-11-07 16:16:06 · 5 answers · asked by Anonymous in United States

2007-11-07 15:31:11 · 7 answers · asked by peepsc44 1 in United States

When is a person or orginazation required to get and utilize a state sales tax permit, what are the parameters that a person must get sales tax permit and require to charge sales tax legally

2007-11-07 15:18:23 · 1 answers · asked by johnnyBgood 4 in United States

this is for a mining investment project in Montana?

2007-11-07 15:12:43 · 1 answers · asked by w s 3 in United States

Where could I find the masions under in the IRS 501(c)(10) listing?

2007-11-07 14:45:38 · 1 answers · asked by Doesntstayinvegas.com 3 in United States

2007-11-07 14:24:29 · 5 answers · asked by Charles C 1 in United States

Wife and I separated. I was counting on half of tax return. She signed my name to tax forms without my knowing. I have been paying maximum child support, prparing to give up 1/2 of retirement and 401 k. Can she be in trouble for forging my name

2007-11-07 14:08:26 · 5 answers · asked by Charles C 1 in United States

My ex and I were married for most of 2006 and we separated (she moved to another state) late in 2006 with her 2 kids. She hadn't worked for about half the year, I've ALWAYS paid all house payments, utilities, etc. We agreed that we would file jointly and now she decided to file married/separate which buries me since I made about 75% of our income. I don't think I can file head of household since she lived with me the latter part of the year, and I'm assuming I have no right to claim her children since I didn't adopt them or anything, just provided their support. This is going to cost me thousands, is there anything I can do?

2007-11-07 13:55:26 · 2 answers · asked by Brian B 1 in United States

2007-11-07 13:40:21 · 4 answers · asked by Anonymous in United States

We are refinancing our home mortgage. We are putting our regular mortgage together with a home equity to have one payment. We have all the loan paper work ready, but what do they actually want when they say "we need a copy of 2005 and 2006's taxes" I looked, last year I did turbo tax...I have ATON of papers in my folder..the year before we adended 3 times due to a screw up by the tax company....what form do they actually NEED to see?? I know i don't send them everything I have right? please help!

2007-11-07 13:04:52 · 7 answers · asked by MZ02 3 in Other - Taxes

2007-11-07 13:03:39 · 10 answers · asked by Sandra M 1 in United States

I am single with no dependents...am I head of household or does that not apply?

2007-11-07 13:01:09 · 7 answers · asked by Vinatieri_Lover 3 in United States

Could America drop every single federal tax and just increase sale's taxes? Would that work with the economy?

2007-11-07 12:35:13 · 3 answers · asked by StephenieBaby 1 in United States

Afterall, I am not using any property of US. For those who sells things online in another country but are US citizens or ex patriats, how do u guys file taxes?

2007-11-07 12:31:19 · 2 answers · asked by Confused 1 in United States