Taxes - December 2007

I'm a single mother of an 9 year old and babysat a few children during the year of 2007. Can I claim the earnings from that in order to recieve EITC? If I can how much do I need to have made in order to get the credit?

2007-12-28 15:13:08 · 4 answers · asked by flowitspice 2 in Other - Taxes

Can I file an amended return for the 1999 tax year?

2007-12-28 14:56:37 · 4 answers · asked by Anonymous in United States

i work at a spa. and i get a payroll check of 100 a week. i am also a student in college. do i have to pay alot of tax back because it does not get deducted from my payroll check. or am i eligible to even gain more money back?

2007-12-28 14:52:59 · 1 answers · asked by dianeetl 1 in United States

2007-12-28 14:43:42 · 3 answers · asked by NACO 1 in United Kingdom

is there a way to estimate using paycheck stub?

2007-12-28 14:40:55 · 4 answers · asked by Deb M 3 in United States

If there was capital gain on the stock I bought but I did not withdraw, do I have to file it as a capital gain to the IRS?

2007-12-28 14:25:29 · 4 answers · asked by Aqua 1 in United States

I am trying to get an idea of how much my tax return will be. I am single. I have one child, born this year. I have no assets. No investments. My total gross income is $16,012.55. My total federal tax withheld is $1,235.01

2007-12-28 14:19:47 · 2 answers · asked by Laura R 1 in United States

Just wondering, many rich people have a foundation to get away with tax benefits. That's what I heard. Thanks.

2007-12-28 13:58:29 · 1 answers · asked by martin 1 in United States

my bro is 19 years old and finally got a job. he has been working for about 2 months, this is first time filing taxes do you think he should file for it?

2007-12-28 13:43:43 · 6 answers · asked by Fresh Kid 1 in United States

During my divorce my ex was ordered to pay me 7500.00 whihc was half of the credit card debt. Since he rarely worked and his credit sucked ( which thanks to him mine now does), all the cards were in my name with him just as an authorized user. Our debt was about 15,000. After the judgement against him, he has quit his job and has not paid his judgement against him to me. My lawyer says there is nothing i can do until he goes to work and i can garnish his wages. That these cases are easy to get the judgement but hard to collect the money. I have since negoiatated with all 4 companies and paid these cards off by doing a settlement with them, I paid in full about 50% total of what we due as each company offered me a different settlement amount. I heard that if i owed ( liabilities) more than i owned ( assets) at the time of the divorce that i do not have to claim this income and file these 1099cs i have read about..is there any truth to that??..i sure hope so...

2007-12-28 13:37:41 · 2 answers · asked by ilovedenverbroncos 4 in United States

gross 16,800 fed taxes771 married 3 kids Whats return?

2007-12-28 13:34:07 · 2 answers · asked by Robert B 2 in United States

I also earned under 18,000 dollars last year

2007-12-28 13:18:36 · 11 answers · asked by Warm-Choice 1 in United States

Hi guys i have this economics question and i just need a second opinion. "how would a federal income-tax cut affect our current economy? (Be sure to consider both negative and positive aspects of a tax cut.)"

Positive - More money for people
- would encourage business growth
- with more businesses more people employed...??

Negatives - Might cause inflation if demand exceeds supply

Thats all i can think off, i think they are all right, but can anyone tell me if they are correct and add a few more as well. I really need a couple more for the negatives.

Thanks!

2007-12-28 13:13:06 · 3 answers · asked by waleed j 1 in United States

2007-12-28 13:08:12 · 3 answers · asked by stevetina.glasco 1 in United States

taxes that were taking out of my check when i worked elsewhere and got a payroll check i was able to file at the begining of the year and get back. the taxes that are being taking out of my pay now i cant file and get back. could he just be pocketing the money he takes out for taxes.

2007-12-28 12:01:36 · 10 answers · asked by Rachel S 1 in United States

I know many people have pondered this, but why can't American claim their beloved pets? I was told that in a dogs life time, an owner will probably spend about $10,000-$15,000+ on the care and feeding for their pet? Is this true? and if so, why won't the government let owners do this? ***is this things that make you go hmmmm?***

2007-12-28 11:52:04 · 4 answers · asked by ic 6 in United States

He is 23 and this will be his first year filing. Will he owe a lot of money, and can he still get refund money from past years?

2007-12-28 11:48:12 · 26 answers · asked by x_kookoo4kokopuffs_x 4 in United States

my brother did not file his taxes last year. I am sure that he doesn't have to pay anything in. I have two questions: What will his penalty be? and he lost all of his w2's from last year. what does he have to do to get a copy of those w2's? Does he even have to get a copy of his w2's to file for last year. He says that he doesn't have to, the IRS has a record already. But this is my brother and he was stupid enough not to file last year. What does he have to do to file for last year??????? thanks for any advice

2007-12-28 11:25:32 · 4 answers · asked by gaby 2 in United States

Haven't worked In six Months and haven't been drawing unemployment....how will this affect someones taxes?

2007-12-28 11:25:22 · 2 answers · asked by Brandon 2 in United States

I was injured out of the state on active duty. I was found unfit for duty and placed on TDRL, now when i got my monthly check they did not take out state tax. Will I have to pay state tax on that money? (it was non combat related)

2007-12-28 11:24:46 · 2 answers · asked by Anonymous in United States

2007-12-28 11:11:30 · 6 answers · asked by torin2k7 1 in United States

2007-12-28 11:02:27 · 4 answers · asked by RebeccaL 1 in United States

2007-12-28 10:47:17 · 1 answers · asked by cory g 1 in United States

2007-12-28 10:45:16 · 3 answers · asked by cory g 1 in United States

Hello, i live in kansas and i made 26000 last year, i am 20 and i live on my own with 2 room mates. i paid about 2900 into federal and about 1600 or so to state, i was wondering how to figure out what you will get back from the state taxes?

2007-12-28 10:26:11 · 1 answers · asked by Quesitonable friendship 1 in United States

2007-12-28 10:22:27 · 14 answers · asked by MARIE S 4 in United States

I started this new job about a month ago. They told me to bring in my id and social security card, But they never took it or allowed me to fill out my tax info. They have been taking almost a hundred dollars from my check and they have me down as filling single but I never did that. How can they assume how much taxes to take from ones check. I never gave them as much as my id or social security info. It's as if I don't even exsist with this major company.....My question is, is this legal!

2007-12-28 09:58:40 · 7 answers · asked by Mr Green Eyez 1 in United States

hi i am an independent contractor ( mystery shopper to be exact). This year, I mde a total of $71 in fees and $27 in bonuses. I also receive $51.17 in reimbusements. This means that i made a$98 with bonus for the whole year. I am a mother of one and my husband's company file taxes for him. i am wondering if i need to file taxes and if i do when and how.

Thanks

2007-12-28 09:45:04 · 3 answers · asked by qq 2 in United States

I don't know much about taxes. Does it depend on what state you live in?

2007-12-28 09:17:44 · 6 answers · asked by D 3 in United States

For US Taxes:

I've got a stock I've held less than a year that I'm thinking about dumping. I've also got some realized long terms capital gains this year.

If I sell the stock this year, can I use the short term loss to offset either regular income or the capital gains? I'll be in the 25% bracket. Would it be wise to do so?

2007-12-28 09:02:44 · 4 answers · asked by Uncle Pennybags 7 in United States