Taxes - November 2007

2007-11-04 15:32:54 · 4 answers · asked by sorabh 2 in United Kingdom

Someone told me that my company's supposed to send me a copy of W2 form by the end of Nov, 07. So, does that mean I can file 2007 income tax on the very next day?

2007-11-04 15:03:26 · 5 answers · asked by Anonymous in United States

I need answer quick please! If they get to collect taxes, can they set the amount collected? Please help. I would like someone who really knows about his answer. It needs to correct! Thanks so much! toodels ♥

2007-11-04 14:51:06 · 2 answers · asked by Ashley 2 in United States

i filed single & #1 for self dependent on my W-4 form, i live in NY how much money would get taken out of my paycheck? i get payed weekly... thanks

2007-11-04 14:37:20 · 2 answers · asked by colombiaz.finest 5 in United States

2007-11-04 14:11:28 · 7 answers · asked by Leannan 1 in United States

I used a tax software (Tax Act) for 2007 and just typed my stuff in and it told me i would get $0 for child tax credit. I am claiming 3 children. I heard the less I make the more I would get back for child tax credits

2007-11-04 14:00:40 · 4 answers · asked by Jesse T 1 in United States

2007-11-04 13:47:13 · 4 answers · asked by ferk12 1 in United States

am i gonna benefit from this?

2007-11-04 13:15:40 · 9 answers · asked by justasking 1 in United States

I need to know this since I want to order a book from Europe and they need to know if the VAT tax is applicable. (It means Value Added Tax, I think.) Or, does an individual have to pay it or it that just for corporations? I hope that wasn't too confusing. Thanks to any who can help me.

2007-11-04 12:41:27 · 6 answers · asked by Rebecca K 1 in United Kingdom

2007-11-04 12:09:59 · 6 answers · asked by ferk12 1 in United States

My wife and are were married in June and we're debating whether to claim married jointly or claimed married separately. I'm in a 28% tax bracket, she's in 25%. We own a house and have a son. What should we do? And more importantly, why should we do that?

2007-11-04 11:23:11 · 7 answers · asked by marko 1 in United States

I went to BANK OF AMERICA with my IRS refund check. The check had my name, address and social security number on it. I showed the Teller and bank manager my driver's license with my picture on it and my social security card with the matching social security number on it and they STILL refused to cash the check.

2007-11-04 10:47:21 · 6 answers · asked by Anonymous in United States

2007-11-04 09:58:13 · 5 answers · asked by Eder S 1 in United States

Do you need dependents to get back tax return money like next year I am supposed to get my tax return money after filling out the tax return form and i don't have any kids or anything like that will istill get my tax return money and they take a lot form my check?

2007-11-04 09:52:21 · 3 answers · asked by Anonymous in United States

2007-11-04 09:42:34 · 2 answers · asked by j r 1 in United States

2007-11-04 08:46:11 · 2 answers · asked by Ms.Adorable07 1 in United States

2007-11-04 08:22:57 · 9 answers · asked by Lonnie F 1 in United States

I have just been terminated from my job and I am in the process of relocating to another state. Do I have to apply for unemployment in the state I live in or do I apply in the state I'm moving to?

2007-11-04 06:40:28 · 4 answers · asked by Aiesha J 1 in United States

Hi,
I currently do not work, the only income I get is 'interest' paid to my 6 month CD account. I shouldn't say 'income' because I don't plan to withdraw the money (just leave it in there).

But I have two questions regarding taxes and I need some help:

Question 1:
How does one file for taxes in situations like this? I mean, the only thing I can report is the $240 earned...that's all I have for the year (or is it YTD income?). Can I do this with the1040EZ form instead -- rather than paying a tax guy to do the job and end up with negative cash flow?

Question 2:
If I transfered the account into someone else's name, do I have to pay taxes on the $240 earned -- even though the money isn't a withdraw?

I am asking all this because my bank (Washington Mutual) doesn't seem to know how to answer any of these questions...and my "soon to be fired" tax guy never answer calls nor return messages and is nowhere to be found except in the months of Feb-Apr.

Please help!

2007-11-04 06:26:32 · 6 answers · asked by PCH Dude 1 in United States

Determine the amount, if any, that is includible in the gross income of the emplyee: An employee arranges to have his annual bonus, $1,000, paid directly to his son. His objective is to make a wedding gift to the son.

2007-11-04 05:20:58 · 5 answers · asked by nceirishka 1 in United States

I get my check direct deposited, my employer does not give me a check stub, for awhile they did & then stopped, I have asked quite a few times with no results. Do you think there's something going on with them? Any advice will be appreciated. Thanks everyone

2007-11-04 04:54:05 · 5 answers · asked by Anonymous in United States

25 years ago:
Dad (F)-non-US citizen residing in UK
Mum (M)-non-US citizen residing in UK
Daughter (D)-non-US citizen residing in UK
Brother of M (BM)-non-US citizen residing in UK
Sister of M (SM)-potential US citizen, but definite US resident

F passes away and leaves inheritance to M and D. M earmarks £50K for D and places in bank account in Jersey, and signs over full control to BM and SM who will determine when D is ready to receive money (have notarised authorisation letter from 1985). M's name remains on the account but has absolutely NO authority-just a safety net in case BM/SM both pass away prior to distribution to D. D has no knowledge that account exists.

Account has not been touched. Only change in balance has been interest earned on principal.

Now:
M and D have since become US citizens residing in US. SM/BM are ready to hand over money. Money will go into US bank account held in the name of D/M.

Is SM, M, and/or D responsible for filing?

2007-11-04 04:46:43 · 1 answers · asked by Dirty Deez 1 in United States

I'm a contractor in Afghanistan. I've completed over a year and will probably be here another year. I filed exempt and did go to a tax specialist and I owe for the first year. Since I'm going do another year could I wait until I'm completely finished to file and take care of the IRS or is it best to pay what I owe now and take care of next year when it comes?

2007-11-04 04:19:02 · 6 answers · asked by Keith G 1 in Other - Taxes

Our two member LLC is choosing to file our federal taxes as a corporation. I understand that we have to file form 8832 to declare that we will not be filing as a partnership. Can we simply file form 1120. What tax schedule will we follow?

I am looking for answers from LLC members with experience in this matter or answers from educated tax professionals.

Please don't tell me to look at irs.gov

Thanks.

2007-11-04 03:59:06 · 6 answers · asked by hoskimotoe 1 in United States

Please advise whether a 100% disabled veteran is required to pay sales tax on a vehicle purchase. The veteran resides in Arkansas and has been granted 100% based on Individual Unemployability. The purchase was made at a dealer in Oklahoma.

2007-11-04 03:47:11 · 2 answers · asked by KLD 1 in United States

2007-11-04 03:44:26 · 3 answers · asked by Yaryos Y 1 in Other - Taxes

I'm self-employed.
I already filed my tax return for y/e 1996 but have now realised that I didn't claim all the expenses I should have.
Can I claim them in the next return?
Thanks.

2007-11-04 03:38:26 · 6 answers · asked by joe c 1 in United Kingdom

How many can I claim on my W4 aithout ending up owing money? According to the form 6?!?! I am single with one child, no child care expenses and make approx. 26,000 a year

2007-11-04 03:14:54 · 5 answers · asked by Anonymous in United States

I am recently married and my husband is a disabled american veteran. He does not collect SSI. My question is should I change the number of deductions on my W4 from a zero to a 1 since I am the household main income support. Would I end up owing taxes at the end of the year. We also own a home as well.

2007-11-04 02:53:35 · 2 answers · asked by Anonymous in United States

do you get more money on your payvheck by writing 1 instead of 0 on ab and c claim lines
when starting a new job?

2007-11-04 02:47:01 · 3 answers · asked by dx m 1 in United States