Taxes - November 2007

2007-11-02 11:04:43 · 3 answers · asked by Edward E 1 in United States

I'm trying to set up a payment plan for my 2003 CO state taxes, and in order to set the payment plan up, I have to sign a paper that says: "I agree to the terms of this AGREEMENT TO PAY and by doing so, I waive the statute of limitations for the collection of this debt."

What does that mean? What is the statute of limitations? It doesn't sound like I should sign. Please give me info!

2007-11-02 10:47:50 · 2 answers · asked by Brianman3 3 in United States

Basically have spent over $5k in artificial insemination and next step in invitro at $13k.

2007-11-02 10:44:24 · 4 answers · asked by buenhec_ha 1 in United States

in California vs. anywhere else?

2007-11-02 10:32:25 · 6 answers · asked by Snow bird 1 in United States

For example a $500K house with a 5+ acres, the property taxes are only $1000/yr.

2007-11-02 10:28:05 · 2 answers · asked by Magnix2k 3 in United States

I gave my Landlord money to pay for the property tax, but I just found out that he hasn't been paying the property tax for the past two years (Louisiana). How will this effect me?

2007-11-02 10:18:32 · 7 answers · asked by xthuiex 1 in United States

I heard that despite "qualifying" for social security many years ago, I have to be employed for 14 months immediately prior to starting to collect. If I retire at 50, I am not eligible to collect SS yet, but because I won't be working immediately prior to turning 62 (earliest to collect) I will lose all SS benefits. Is this true?

2007-11-02 09:40:54 · 3 answers · asked by The Kid 3 in United States

If I put in $15,500 for 2007 and then my employer put in $2500 have I gone over the IRS limit?

2007-11-02 09:32:51 · 5 answers · asked by Accelor8 2 in United States

2007-11-02 08:55:19 · 4 answers · asked by **Mimita** 1 in United States

I've been thinking of opening such a business. How much money would I have to net before I am forced to start paying taxes? Or would it be based on gross profits? Would I have to file an income tax form, a separate business form or both?

2007-11-02 08:32:54 · 3 answers · asked by John S 6 in United States

I am asking this tax question about the state of Texas, in the USA. I am looking for someone to help me answer this question for my own self, I did not file my taxes for the year of 2006, cause the amount of money was under $1000. and the College online financial advisor told me that it was not necessary for such a small amount for the to file. Unless I wanted the money to come back to me and go throught the hassel of filing.
Can someone help answer this for me?
I would appreciate some information that I could either help me to links to find the answer, or someone can just tell me the answer.
Thank you for your help.
Stephanie Shahid

2007-11-02 08:08:31 · 4 answers · asked by stephanie.shahid 1 in United States

Hi,
I am leaving in South Carolina state and work in Texas state on travel basis. Texas state doesn't have any state tax whereas South Carolina state has the state tax. My employer is generating paystub with SC state tax but not as per the Texas state rules. They are giving an explanation saying that even I work in any no-taxable state, the paystub is generated as per the home state where you are living.
Is it true? Is yes can anyone give me a link where this as been explained.

Regards,
Naveen

2007-11-02 07:23:27 · 2 answers · asked by epari_naveen 1 in United States

Is there any way to deduct any portion of the money that was used to buy a car for someone? Either gift or ??

2007-11-02 07:12:08 · 4 answers · asked by Rudy L 3 in United States

Im trying to apply for a mortgage but I need my w-2s for the past two years, which I didnt keep. Which form do I need to get that information from the irs?

2007-11-02 06:34:17 · 4 answers · asked by Anonymous in United States

I'm single, right out of college, moved back home and have no one claiming me as a dependent. I'm trying to maximize my return without being penalized down the road but I just don't know how many allowances to fill. Would 3 or 4 raise eyebrows with the mucky-mucks at IRS for being too high? Any ideas?

2007-11-02 05:22:26 · 8 answers · asked by Marvelknight23 2 in United States

2007-11-02 05:08:54 · 5 answers · asked by yuckymonkey 1 in United States

Okay do i put "exempt" for the Federal w-4 form if last year i made 9k only? What about State W-4 can i also put "exempt" and pay no tax for both federal and State?

2007-11-02 03:57:01 · 3 answers · asked by Anonymous in United States

Okay here's the situation, last year i made only 9,000 dollars and i didn't have to pay back, i got a refund of 800 bucks back on my income tax. This year i've been only working for 4 months, i put "EXEMPT" on my Federal and "EXEMPT" on my Minnesota State W-4 sheet, is that illegal? I heard you can only put "exempt" on your Federal W-4 only and not your State W-4 sheet. is that true?

2007-11-02 03:37:53 · 2 answers · asked by Anonymous in United States

My last year of college I was working part time and was listed as exempt.

I have been working full time since June of 07 and still listed as exempt and not sure if i checked in/dependent or not.
Where could I find out this info.?


Should I claim myself as an independent of 1 (myself). I live alone, have my own apartment, car, no children, etc...pay Everything I need to live alone.

Would I get more money back at the end of the year being independent. I will have been with the same company for a year and 4 months in Jan. 08.

Is it too late to change my tax status with my company?
Will I loose more money from my paycheck being independent claiming 1?

Im still young and confused about taxes.

2007-11-02 03:04:39 · 4 answers · asked by SouthCackalacky 1 in United States

My family and I live in a rented townhouse. The lease and all the bills are in our name. Back in Feb., a friend moved in with us (it was originally temporary) as his lease was up and he was due to deploy in the early spring. The deployment was cancelled and because of some other issues, he has stayed with us since then. He pays a sum to us each month to help with rent, utilities, room and board. My question is, does this money need to be counted as income on our taxes (my husband and myself) as it passed through our checking account? My husband says it should, but am thinking it is no different than any other room mate situation since we rent the home, not own it. Any links would be helpful. Thanks so much.

2007-11-02 02:55:49 · 5 answers · asked by Annie 6 in United States

I moved to Spain from the UK and I am due a tax repayment. The tax office has sent me a cheque but say I can only cash it at an English bank. Does anyone know whether you need to have an account there? (I closed my Barclays one) Do they charge you a lot of fees?
I am also not sure they´ve sent it to the right address :(

thanks :)

2007-11-02 02:47:11 · 4 answers · asked by Sheldon 6 in United Kingdom

For example; the charity auctions for the victims of the wildfires in san diego

2007-11-02 02:30:10 · 3 answers · asked by ted k 1 in United States

2007-11-02 01:42:44 · 11 answers · asked by menokki 2 in United Kingdom

I mean, after tax? How much money goes into my pockets?

2007-11-01 22:11:31 · 6 answers · asked by Anonymous in United States

My main reason for asking this is that I am aware that this lady and her husband fleeced my mother, and also basically ignored her during that time, despite the fact that my Mum bought her a new car to ferry her around, yet ended up taking the bus as this lady was always "on tour". If tax is due to Inland Revenue, I fully intend to report her, and I would like to know how

2007-11-01 22:08:02 · 15 answers · asked by Hugh G Rectian 1 in United Kingdom

Ok so I have worked all year and when I do my W2's I never claim my children. For dependents I only claim 1 for myself. I was told by doing so it would help me owe less money at the end of the year. I qualify for EIC so when I do my taxes I claim my children. Is this legal.....? Can you not claim your children all year and then pick them back up.

2007-11-01 19:00:00 · 7 answers · asked by lboogie 2 in United States

2007-11-01 18:48:18 · 1 answers · asked by Anonymous in Australia

2007-11-01 17:46:58 · 6 answers · asked by seanimo 1 in Other - Taxes

i have a child, a studrnt but not working. live with parents tho

2007-11-01 17:22:18 · 12 answers · asked by jackie O 2 in Other - Taxes

My husband was in Iraq (oct 05-oct 06) and I did the taxes while he was deployed. Is that true that if your married and (even if you don't have kids), you can get tax exemptions for your spouse? (I don't work) I don't think we've ever had any tax exemptions ($3,300 I've heard) ever since we got married? If that's true, could we get money back for previous tax exemptions of the last 2 years? Let me know!

2007-11-01 16:27:06 · 6 answers · asked by dmk062905 1 in United States