Taxes - December 2007

2007-12-28 08:59:03 · 5 answers · asked by lala 4 in United States

I'm due to receive a bonus in July. How can I calculate how much taxes will be taken out? I live in california.

I'm using excel, and am keeping a running total of what my bonus will be. How can I show what it will be after taxes??

2007-12-28 08:32:38 · 3 answers · asked by mamba 1 in United States

I know the clothes that are used on a daily basis cannot be used as a tax write off, but could a tux be used as one since it is used primarily for professional purposes.

2007-12-28 08:10:47 · 6 answers · asked by bolinger81380 4 in United States

I opened a home daycare this year. I will have only worked 2 days this year (28th and 31st of December) since I have opened (December 26th). How do I claim my expenses this year? I have not yet been paid, so I have no income to claim only expenses.

2007-12-28 08:08:04 · 6 answers · asked by Anonymous in United States

my parents bought me this 100$ giftcard and i got tha things that i wanted, and it all camed out to 100.79,would they still accept it with tha 79 cents on it (im payin over tha internet).

2007-12-28 07:46:55 · 4 answers · asked by Anonymous in Other - Taxes

I had to move from one state to another. I have been trying to sell my old house for about a year. Finally I am going to have to do a short sell (I have a couple offers to pay less than what I owe on the home). I should probably get some money back on my tax returns and would like to use it to pay off the large credit card balances I have acquired over this period of time. Can the mortgage company seize any returns I may get because I am having to do a short sell?

2007-12-28 07:34:32 · 8 answers · asked by Marky 3 in United States

Me and my husband want to buy an apartment or house in miami. We have a budget of 200,000. But i'm trying to factor in property tax and i'm confused.

So if we buy a 200K flat, we get taxed on the 200K. But if miami prices go up the following year and my flat is worth 300K, do I have to pay taxes on 300K. What if I can't afford it? Do I loose my house to the government tho I can totally afford the mortgage.

Does the tax bill change every year??? That can't be right. how do you keep track of your money if you haven't a clue what your tax bills are.

2007-12-28 07:33:10 · 2 answers · asked by jennifer_santolla 2 in United States

My corporation only had a total income of $20,000 last year of which $16,000 was an asset. Do I need to file federal corporate income tax?

2007-12-28 07:08:42 · 3 answers · asked by Anonymous in United States

I made a typo earlier. I am a single mother working part time with 2 kids-dependent and within this 2007 year my earnings are 21,562.64 and my fed witholding is 1,232.04 how much am I looking to get back with earned income tax credits???

2007-12-28 07:00:18 · 4 answers · asked by Ruby R 1 in United States

But I dont have my W2's in hand....I know the w2 shows the state and city withholding....but there is a form that can be used in place of a W2 if it cannot be retrieved from the employer....

How would I calculate how much state and city taxes were taken if I cannot find the w2

2007-12-28 06:51:50 · 4 answers · asked by Olive Crayon 4 in United States

I recently got my paycheck and checked the hrs. I knew I was going to have at least 1 hr of overtime. The printed timesheet that we sign said 77.45hrs. Thats not including 4hrs vacation time for half day of work.... Today recieved my check and the hrs were
75.45hrs + 0.22OT hrs + 4.00hrs holiday = 80.07 Gross Pay
Add them up and its..79.67hrs

Clerical error or adjusted. Im going to copy my timesheet on the next paycheck to verify my next one with OT. I will have a few hrs OT for sure.

2007-12-28 06:45:13 · 2 answers · asked by nerdboy 4 in United States

My ex husband and I divorced in June of 2007. Can we still file jointly since we were married for over half the year?

2007-12-28 06:35:37 · 9 answers · asked by a0628 1 in United States

what was /what is your beggining job and what was your pay in weekly or monthly? im treying to get a good job with a good pay....

2007-12-28 06:28:59 · 5 answers · asked by Anonymous in United States

because i use the Child and Dependent Care Expenses Form. i'm peeved! i want my return. there isn't anyway around this is there?

2007-12-28 06:19:42 · 3 answers · asked by Anonymous in United States

Can I write off the mortgage interest and the property taxes paid for my second property which is a rental property for tax benifits.
Both the properties are located in california.
I also own an investment property outside california. Can I also write off the interest payment for that property.

2007-12-28 06:18:05 · 5 answers · asked by mandy 1 in United States

I should be getting a decent refund this year but am not sure what would be the best steps for me to take here. Any help is much appreciated!

2007-12-28 05:38:07 · 7 answers · asked by MC13 1 in United States

Thank you everyone who answered

2007-12-28 05:34:02 · 5 answers · asked by izzyneedsyou 1 in United States

2007-12-28 05:23:32 · 3 answers · asked by izzyneedsyou 1 in United States

If someone works in another state does that person pay the other state's income tax or the one they live in.

2007-12-28 05:12:48 · 11 answers · asked by Jeriod T 2 in United States

2007-12-28 05:02:52 · 1 answers · asked by Terah V 1 in United States

2007-12-28 04:59:59 · 4 answers · asked by mekmek ! 1 in Other - Taxes

Can I use my store reciepts From all of year 2007 to file my income with to get some of those taxes back ? How does that really work? Has anyone done this before?

2007-12-28 04:59:26 · 3 answers · asked by Anonymous in Other - Taxes

my friend pays child support, and his ex does not work and receives public assistance. how can she have someone else claim the kids? shouldn't he be the one claiming them since she doesn't work and he is responsible for more than half of their support? can a magistrate put in the child support order that the father can claim the children? or does the mother have to agree? is she legally entitled to have someone claim them since she receives public assistance? thanks in advance!!

2007-12-28 04:29:31 · 6 answers · asked by stevies_mom 3 in United States

2007-12-28 04:09:40 · 6 answers · asked by jl643 1 in Other - Taxes

can we claim closing costs on our taxes? I usually do them myself but am going to an accountant this year with the house and all this other crazy stuff, and I made a lot more this year, so I am nervous about how much I will be taxed!!

2007-12-28 04:05:23 · 4 answers · asked by birdiegirl 3 in United States

This proposal is called a fairtax. It makes perfect sense to me. What do you think. You can learn more at:

http://www.fairtax.org/site/PageServer

2007-12-28 04:03:22 · 5 answers · asked by sgersch26 1 in Other - Taxes

they are saying alot of early filers-like myself that use some of these can't file till feb 14th -does this gor for e file also or just regular paper filing?

2007-12-28 03:55:16 · 3 answers · asked by Anonymous in United States

When you spend ,,say $10 DON'T YOU KNOW IT'S CONTINUALLY TAXED OVER AND OVER ETC ETC all the way down the line. It just rolls like a snowball,bigger,bigger GET IT???

2007-12-28 03:54:11 · 1 answers · asked by themojoman_dj 1 in United Kingdom

I'm kind of new to this, I opened an account with scottrade to buy/sell stocks. I deposited $225 and kind of left it there for now. I just got a voicemail from scottrade saying that I've selected on my application that I want to backup holdings from the IRS and he said I need to contact him and let him know that I've done that or they might need to take taxes out. What does this mean?

2007-12-28 03:50:06 · 4 answers · asked by Ted R 1 in United States

2007-12-28 03:42:44 · 6 answers · asked by mandi68@sbcglobal.net 2 in United States