Taxes - December 2007

2007-12-27 08:35:43 · 8 answers · asked by Anonymous in United States

I am a SAHM childcare provider and I pay taxes on my income... my total income for 2007 is 12650. I live in the state of missouri and my husband and I will be doing married filed seperately.... anyone have any idea how much i am going to owe. I am not using reciepts for deductions or anything....

if you can give me an idea that would be great thanks

2007-12-27 08:33:37 · 4 answers · asked by M. C 2 in United States

My husband owes a ton of money in child support and we just got married in april. He has been paying on time and also on his back pay . I worked and he worked too. I was wondering if they can take all the money if we file together or if we have to file seperately every year? anyone know? Thanks.

2007-12-27 08:31:24 · 4 answers · asked by s_gomez_23 2 in United States

He claims I was a private contractor, but that was not the original agreement.

2007-12-27 08:27:49 · 7 answers · asked by psalm1vs3 1 in United States

This would be a flat rate tax, not an actual flat tax...
Studies have shown that this model could actually produce MORE revenue into the federal government.

The IRS is spending billions of dollars just to go auditing people who owe on average, less than $1000 in back taxes.

2007-12-27 08:22:35 · 9 answers · asked by Razor 2 in United States

If you have garnishments placed on your check which are taken out twice monthly, does that mean when income tax time runs around that they will also take your refund?

2007-12-27 08:22:08 · 8 answers · asked by luckygirl 2 in United States

2007-12-27 08:20:22 · 2 answers · asked by Anonymous in United States

2007-12-27 08:13:58 · 3 answers · asked by Anonymous in United States

Alright, so here's a summary of the facts. Looking to know if my parents can again claim me as a dependent or not.

- 20 years old
- full-time student (they pay about 2/3, I pay 1/3)
- employed full-time, salary this year of approximately $25,000
- lived at home from 01/01 until 09/01
- lived in own place 09/01 through present, and therefore they did not provide me with four months of support
- was on a month-long trip 06/29 through 07/25 and therefore they did not provide me with a month's worth of support then
- pay my own car payment, albeit under their name as I bought the car when I was 17
- pay my own car insurance; however, it is paid to my father who then pays it
- under father's health insurance

I believe I am entitled to not be claimed as a dependent. As far as I understand, if I pay more than 50% of my support myself, they cannot claim me. 4 months alone+1 month alone on road=5 months. Out of the remaining 6 months, I am sure I paid 1/6th of my support myself.

Please help

2007-12-27 08:12:03 · 4 answers · asked by Jon 2 in Other - Taxes

Hey I have a general question on taxes, hopefully one of you is an expert out there! WE will be going to HR block or somebody this year...Anyway, my fiance & I bought a house together this year in April, it is in both of our names, but I think he is the "primary" or something. I also have a dependent(6 yr old daughter) Can we both file head of household? he makes a little more $ than I, but I have the dependent. I am so confused on how this will work. Like I said, we will be going to a professional, but I was just curious if anyone has been in the same situation.
Thanks!!!
Hope everyone gets a huge refund!

2007-12-27 08:07:49 · 4 answers · asked by Sugar Magnolia 6 in United States

I graduated with my undergrad degree in May of this past year (2007) and started my 1st "real" job immediately. Up until graduation I was dependent on my parents financially even though I held a part-time job throughout most of college. I lived with them for 5 months after graduation (moved out of their house in November) although I was otherwise financially independent; now I am in my own apartment.

Now that it comes to pay taxes for 2007, do I file as head of household, independent, dependent?!

2007-12-27 08:05:24 · 3 answers · asked by Anonymous in United States

2007-12-27 07:44:50 · 5 answers · asked by wendi p 1 in United States

2007-12-27 07:32:56 · 2 answers · asked by chewbaca16 1 in Other - Taxes

2000 in fed. was withheld this year? Head of Household

2007-12-27 07:32:35 · 3 answers · asked by Anonymous in United States

2007-12-27 07:29:48 · 4 answers · asked by Anonymous in United States

Well my wife started a home daycare at the begining of 2007. the business ran for three months and made about 3400$ and she stopped because she became pregnant. I was wondering do we still have to report this earning since its very little and if i do report what forms would i use. I usually file a 1040 since im the provider of the family and we file jointly.
Any insight would be helpful thank you!

2007-12-27 07:14:43 · 5 answers · asked by sentravq 1 in United States

I live in Oregon I claim myself, my wife, and my daughter. I also own a home and have a 401k. My wife also works.

2007-12-27 06:35:08 · 6 answers · asked by big dawg26 1 in United States

I know the "gifters" will not be penalized, but do we also get a one time gift of up to $15000.00 without paying taxes?

2007-12-27 06:21:59 · 26 answers · asked by concernedparent 1 in United States

we are claiming our mileage for my husbands job this year...does anyone know what it is per mile and how this will help...

2007-12-27 06:13:58 · 4 answers · asked by reinyofTX 1 in United States

Also do you have to make a certain amount to be able to get the child tax credit and the earned income credit?

2007-12-27 06:05:15 · 3 answers · asked by Anonymous in United States

I started a new job a few weeks ago and I do most of the accounting. I am new to payroll and I need some help. Payroll is done through an outside service but I need to make a journal entry for the full amount of employee and employer taxes. How do I enter the employee and employer's share of payroll taxes?

When I say full amount, I mean for each payroll period- not for the year. I have the amounts for each payroll period from the service. I just need to know how to make the journal entry to record it in my accounting software.

2007-12-27 05:41:50 · 5 answers · asked by AM G 1 in United States

2007-12-27 05:38:37 · 2 answers · asked by Anonymous in United States

I just realized that I possibly threw out all of my past W-2s, from 2003-2006. I am applying to school and need some of those forms for the FASFA, not to mention I need them for my personal file. Does anyone know where I can get copies of my W-2s?

2007-12-27 05:37:03 · 6 answers · asked by Melody 1 in United States

Will my 2007 income tax be determined through my last paycheck of the year or through the last day of earned income in 2007?

2007-12-27 05:26:39 · 6 answers · asked by Anonymous in United States

What are pros and cons of the tax plan?

2007-12-27 05:24:50 · 4 answers · asked by mrsabbagh1020 2 in United States

If we are late on our taxes we pay interest to the IRS. Is there a date that the IRS must pay us back our tax return refund before they pay us interest?

2007-12-27 05:18:16 · 6 answers · asked by nevek_1 3 in United States

it's just that I keep them offsite at a storage room and it's a hassle for me to go there and actually get them.

I have no problem with showing the IRS all proof of my deductions if I get audited.

I just don't want to go through the hassle of fussing over them to get them organized for the H&R Block tax preparer.

If I could just quote my deductions since I have a notebook containing my deduction figures, I'd rather do it that way.

So it's okay if I don't have all my receipts with me when I go to H&R Block then?

2007-12-27 05:04:37 · 3 answers · asked by Anonymous in United States

Can you explain the difference?

2007-12-27 05:02:21 · 2 answers · asked by Anonymous in United States

2007-12-27 04:52:30 · 1 answers · asked by Anonymous in United States

I was just wondering if someone out there would happen to know the web site to go to and fill out an application online for unemployment services?

2007-12-27 04:43:17 · 3 answers · asked by Jessica B 1 in United States