Taxes - December 2007

they were taking out 129.00 a check?? if so what do i take to h and r block?

2007-12-16 05:20:40 · 7 answers · asked by ~mommy2alex~n~maria~ 2 in United States

I was just wondering, alot of people just coming out of college have huge amount of debt and arent ready to start contributing to a IRA or a retirement plan but we have huge amounts of debt, is there a way we can divert money into a plan to help us pay off our debt faster that is tax free? similar to the way you can divert money into a tax free investment/retirement?

2007-12-16 05:12:06 · 4 answers · asked by Drew W 2 in United States

2007-12-16 03:57:26 · 1 answers · asked by jose g 1 in United States

... uses or withdraws the money?

I assume this often pops up where an elderly and an adult child share a bank account. The elderly parent, assuming they are in a solid financial situation, may decide to allow the child to use funds from the account.

Would the withdrawals be viewed as a "gift" by the IRS for tax purposes?

2007-12-16 03:13:11 · 3 answers · asked by Anonymous in United States

If so, what do I have to do to see it?

2007-12-16 02:51:33 · 5 answers · asked by Doug 4 in United States

If recieving an inheritance, do you have to pay taxes on that inheritance? If so, how much should one expect to pay? Can that payment be made immediately?

2007-12-16 02:37:47 · 4 answers · asked by mradigan747 2 in United States

2007-12-16 02:22:10 · 6 answers · asked by Steelbottom 2 in United States

2007-12-16 02:09:35 · 9 answers · asked by chuck 1 in United States

I have used TaxAct, TurboTax, and RapidTax. All of them won't let me claim my oldest child which is only 8.
They give me a desent amount for the first child a tiny bit for the second child and nothing for the third child. I am well under the income bracket to qualify for the full credit on all three. Any Ideas?

2007-12-16 01:41:47 · 13 answers · asked by Jesse T 1 in United States

I would like to know how to file business expenses from my 1040. I recently incorporate a S-corp and I had some travel expenses need to file.

2007-12-16 01:21:26 · 5 answers · asked by Coo 1 in United States

2007-12-16 01:07:59 · 2 answers · asked by Anonymous in United States

I live in Houston,TX and will be out of the country when the taxes are being done.

1.
Are there any website(s) that I can go on to,to still do my taxes ONLINE?

2.
Me being a PERMANENT RESIDENT,
NOT a US citizen yet,
are there any form(s) in particular that I need to file?

3.
If this will be too difficult to do,
do they sometimes do exceptions and let you do your taxes a bit later?
I have heard that it's possible to get an extention on the due or so,is this correct?
If so,how long would that be?

It may sound od,but I don't know since I'm not from here!


Thanks in advance!

2007-12-16 00:49:00 · 6 answers · asked by Anonymous in United States

Can the adults split the responsibility any way that they want to? Or must it be split 50% - 50%?

Won't the bank issue a 1099-INT that only has one adult's name on it?

2007-12-16 00:36:19 · 9 answers · asked by Anonymous in United States

2007-12-16 00:11:30 · 4 answers · asked by Anonymous in United States

The item is 0.95kgs just under 1kg.The width 330mm
The length is 482mm,and the thickness is 95mm

1st class and 1st class recoreded

2007-12-16 00:10:57 · 3 answers · asked by jason t 2 in United Kingdom

I have been a UK expatriate for approximately 8 years, spending no more than 8 weeks in the UK over that period. I will be returning to the UK this year for a short period, no more than 3 months before returning oversees, and will be living in my PPR which was previously on a long term lease. Can I purchase unit trusts in the UK? Will I be liable for any tax in the years to come if I am still an expatriate?
Thanks

2007-12-15 20:46:20 · 2 answers · asked by Anonymous in United Kingdom

2007-12-15 20:40:39 · 13 answers · asked by Anonymous in United Kingdom

So i let my friend use my ebay account and now i have to file income taxes because he has made a payoff of over $2100. I also have financial aid that's $11,000 a year. Will this affect my financial aid? I'm really concerned because i was doing my friend a favor and now there might be some trouble. Are we technically partners on ebay or is it an individual selling market? Please I need serious answers.

2007-12-15 20:26:07 · 4 answers · asked by Help 1 in Other - Taxes

So far i have saved every single receipt since i filed for my income tax return last year since a friend had told me i could use them for a tax return. I was talking to my co-worker today and she wasent sure about it so i thought i would ask here. If i can get a tax return off my receipt how dose it work do i just take the receipt to the tax place or what? Any help would be great.

2007-12-15 19:44:05 · 6 answers · asked by Knight2007 1 in United States

its a partnership, and i dont have any employees and wont have any for a while, its just me and my brother, but the bigger company that my company is going to work for requires a tax id number from my company, i do not have one, and i dont know what form to fill out in the website, thank you, and also one more question, can i use my social security number instead of the tax id number? once again thank you

2007-12-15 18:09:07 · 4 answers · asked by Anonymous in United States

2007-12-15 17:50:28 · 2 answers · asked by lilviking 1 in United Kingdom

Any suggestions would be appreciated.

2007-12-15 17:31:42 · 4 answers · asked by sdn90036 6 in United States

I want to amend my personal income tax return to claim legal expenses that I incurred. Do I need to include copies of the legal invoices with the amended personal income tax return? Thank you for your assistance.

2007-12-15 17:26:44 · 4 answers · asked by sdn90036 6 in United States

1, I'm a US citizen. 2. I have legal expenses from 2004 and 2005, which I never claimed on my personal tax return. 3. Can you recommend a site or a publication that would be helpful.

2007-12-15 17:21:24 · 10 answers · asked by sdn90036 6 in United States

2007-12-15 17:20:02 · 4 answers · asked by tribhuvannath dubey 1 in India

if i claim three all year long on my taxes and found out later that i can only claim two because my brother has to claim himself, can i change it before the end of the year ? and if i dont, will i be penelized by the irs for claiming three all year and only filing for two when i do taxes. will they want to know what happened to the other dependant.

2007-12-15 16:07:52 · 1 answers · asked by tupicce 2 in United States

And how can I fix it? I can't find some of my W2s and the companies I worked for went out of business.

2007-12-15 15:44:55 · 2 answers · asked by Anonymous in Other - Taxes

my brother is seventeen, works part time at seaworld, lives in florida while i live in nevada. can i still claim him or will he have to file his own taxes

2007-12-15 15:33:11 · 3 answers · asked by tupicce 2 in United States

does anyone know about the new tax thing this year? Where we can not file taxes until like april or something like that? Does that mean what we work in jan feb and march will all go on our 2007 tax return or on 2008? my roommate told me he heard something about it on the news the other day. I'm looking forward to my tax return in like jan or feb, and this has me a little freaked. if anyone knows about this or has even heard anything about it, please let me know asap. thank u very much.

2007-12-15 15:22:11 · 4 answers · asked by sbarne8 2 in United States

2007-12-15 14:57:18 · 9 answers · asked by PropertyTax357 1 in United States