Taxes - December 2007

2007-12-28 03:35:17 · 4 answers · asked by Nostalgic 2 in United States

IF YOU SELL TODAY 12/28/2007 & THE TRADE SETTLES JANUARY 2008 WHAT IS THE TAX TREATMENT? IS IT FOR 2007 OR 2008?

2007-12-28 03:30:50 · 5 answers · asked by qtlqqknsweethart 2 in United States

If someone does not want a social security number anymore, so they dont have to pay a tax that they cant afford to pay (i gotta save to open up my business, and Social Security is something I dont think I should have to pay, because 1. I wont see the money. 2. If i am going to see the money, i kinda need it right now.... and since it is my money.... i should have full say over it, rather than someone else telling me what i will do with it.. since i worked for it =).

So... how do i disolve my Social Security Number?

2007-12-28 03:26:15 · 7 answers · asked by Starving Artist 2 in United States

Then we have a flat tax!!!

2007-12-28 03:25:32 · 4 answers · asked by Paul P 2 in United States

Hi there, For the year I have so far paid just over $10,000 for tuition and books, I was wondering if I am able to claim this on my taxes. I claim myself and thats it. Im single, no kids and work full time and make about 12,000 a year. I am 20 years old and pay rent. i don't know if any of that info is important or not but I was wondering how much of the tuition i can claim and then how much I could expect to see back? Thanks so much!

2007-12-28 03:10:25 · 2 answers · asked by JustBlah 3 in United States

2007-12-28 02:47:54 · 16 answers · asked by Donna B 1 in United States

I work at Rite Aid, havent filed taxes for 06, and i lost my papers how can i get my papers back

2007-12-28 02:20:59 · 6 answers · asked by Mr Scott 1 in United States

My W2 gross is 40K. My total taxes on Federal is 5500 and CA State is 1350. Social Security is 2500, Medicare is 600 and CA state disability is 250. I give them an extra 20 dollars on every cheque since May. Will I expect a refund or will I owe the govt.

2007-12-28 02:10:04 · 1 answers · asked by roni-roni 85 1 in United States

2007-12-28 00:45:47 · 7 answers · asked by Anonymous in United States

I know people can do this...I'm just wondering how to do it.
Please help me....

2007-12-28 00:41:38 · 4 answers · asked by Grants a tractor luvr! 6 in Other - Taxes

can one use turbo tax(deluxe) for tax years 2006 and 2005

2007-12-28 00:31:07 · 5 answers · asked by lymanspond 5 in United States

I don't understand why people donate to get credit on their taxes. Wouldn't it make more sense to say save that $250-1k and use that on paying taxes as apposed to giving it away for a tax break? What are the benefits of such a contribution. I've never had to pay into my taxes, but if I can find a way to get more back, ie. donations or maxing out my IRA I'll do that. I want to stiff the IRS for everything they've been taking from me, any idea's, (lets keep this gray and semi-legal)

2007-12-27 21:01:52 · 5 answers · asked by pepinousmc 2 in United States

2007-12-27 20:05:43 · 2 answers · asked by caltrans2002 1 in United States

Hello, I've been doing contracting work since late January and only have just realized that I should have been paying taxes quarterly. I've saved money and have every intention of paying the taxes for them and realize now that I will be penalized. In general, what will I have to pay (interest, penalties)?

2007-12-27 18:44:52 · 3 answers · asked by Anonymous in United States

I've already paid the maximum at one job, and am starting the 2nd job.

2007-12-27 17:57:46 · 3 answers · asked by gold 3 in United States

If I made a capital gain in late December 2007, can I not claim it in 2007 and use it in 2008, or am I required to add it to my 2007 income?

2007-12-27 17:16:34 · 4 answers · asked by mattyk072679 1 in United States

We usually file at HR Block,and always take advantage of getting our refund within 2 - 3 days.I have recently heard early refunds will not be given this year.Does this apply to businesses who offer this feature?

2007-12-27 17:09:48 · 7 answers · asked by oamnagr 1 in United States

2007-12-27 16:44:09 · 3 answers · asked by Holden's Momma 2 in United States

My W-2's in those years are both approax. 2,800. In theory, I could file for those years and take the EIC for more refunds, right? What is more upsetting to the IRS, being a non-filer or filing solely to take a refund?

Follow up question: I applied for a tax examiner position and will be going in with my documentation soon. With my head held high I will submit one form stating I did not file in '04 or '05. Actually, this is now a two part question: Is this foolish of me to do? and would not filing totally trash my chances of becoming a tax examiner this season?

2007-12-27 16:16:57 · 6 answers · asked by Anonymous in United States

Things such as W-2, 401k, etc..

2007-12-27 16:16:51 · 3 answers · asked by Elle 3 in United States

My husband was labeled as a “contract laborer” for an employer, but he was an actual employee (i.e. he was paid by the hour, clock in/out, etc.). The guy never took taxes out of any of his checks, and I was very skeptical. As a result I made a copy of each of his checks! I am sure that he did all of this to escape paying taxes…

I had my husband call the guy and ask if he would be sending out 1099’s or W2’s, and he said yes. However, when my husband asked if he had an EIN he changed the subject and got off the phone with my husband.

It is my intent to file this income with the IRS, but I am afraid that this guy doesn’t have an EIN number. I spoke with someone at H&R Block, and they have informed me that more than likely my husband will get a 1099, but my gut says it’s highly unlikely. He also informed me that it was a smart move on my part to make copies, because many of these guys lie about how much was made by individuals on 1099’s.

How do I report this income without an EIN? Can I input this info as a W2 and not a 1099? Plus, I am using the online software.

2007-12-27 15:43:33 · 4 answers · asked by momtojunebaby 4 in United States

2007-12-27 15:36:32 · 3 answers · asked by hardknocklife 2 in United States

A friend of mine said she did it last year but she didnt remember who she went to. She went somewhere with her last paystub of the year and they did her taxes off of that....is this true and who? and how?


Thanks all Happy Holidays!

2007-12-27 15:30:38 · 4 answers · asked by jrsyshur 1 in United States

when i file my taxes for being self employed (i havent paid anything in) and i owe 3,000 but they owe me 6,000 because of child tax credit do i have to pay my 3,000 then they give me 6,000 or do they just give me 3,000 without me paying anything

2007-12-27 15:17:19 · 4 answers · asked by dusty 1 in United States

2007-12-27 14:56:53 · 5 answers · asked by diannimation 1 in United States

If a few of the compnaies went out of business and she cant get her w-2 how can she file and if it is not possible to claim for previous years will it be a problem to this year alone.

2007-12-27 14:56:46 · 5 answers · asked by kylekd4 1 in United States

2007-12-27 14:50:31 · 5 answers · asked by DaColdis 1 in United States

I have made two property installments due in 2007. If I make the next property tax due in 2008 in 2007 this will allow me to itemize. Is this okay with the IRS? If not, please let me know what publication states it is not.

2007-12-27 14:49:20 · 2 answers · asked by wizeman 2 in United States

I am legally separated from my wife and am not sure how to file the taxes. Do we have to file seperately or can we still file joint. We both would like to file joint if thats possible. Thanks!!

2007-12-27 14:20:27 · 3 answers · asked by tchevy89 3 in United States

I need to know about the EIC I was told that a single person of 25 years of age or older was eligible for a tax credit also is there a way i can estimate my return amount just by my tear to date earnings

2007-12-27 14:19:35 · 4 answers · asked by Anonymous in United States