Other - Taxes

Does a person who only draws Social Security have to file income taxes? What is the poverty line?

2007-03-07 16:02:39 · 2 answers · asked by beverly c 2

if i owe back child support and resatuion can they take both state and fed from me? i live in mn

2007-03-07 09:21:59 · 3 answers · asked by kellyarchambeault 1

2007-03-07 08:01:29 · 3 answers · asked by stefanostl2003 1

Every bleeding heart liberal I've ever some accross has always told me that rich people should be taxed a higher percentage of their income because they need to pay their "fair share." What is a fair share? If the income tax system taxed everyone 15% of their income, would the rich be paying less than the poor? if the poor paid a higher percentage of taxes than the rich, wouldn't there be a public outcry? then why is there none when some of the extremely rich in America pay close to half of their incomes in taxes? Again, if you're going to rely on arguments that call upon emotions or feelings, don't bother to post. I want good, solid, fact-based and logical arguments. No rants.

2007-03-07 07:53:57 · 6 answers · asked by witdfk 3

Went to HRBlock for 2006 taxes. They made an error and said I didn't have to pay taxes on an early IRA disbursement.(YIKES) I had them review it, and different "tax-pro" admitted the error. They say I have to wait until IRS finds the mistake & sends me a letter; or finds it & fixes it & sends me a letter; or completes my return w/out finding the error. Shouldn't we send in an amended form NOW instead of waiting?? They have me getting a large refund, which is wrong. Now my CT state return is wrong, and so are my kids' FAFSA's. I think HRBlock also made a mistake using the HOPE Credit, and on one of my deductions.

2007-03-07 04:18:58 · 8 answers · asked by ReenCT 1

2007-03-06 22:48:23 · 7 answers · asked by kish 2

I would also like to know the local general sales tax rate for Texas.

2007-03-06 15:55:07 · 2 answers · asked by kimchee_boi 3

2007-03-06 15:35:45 · 2 answers · asked by AM 1

I finally received a refund from my Federal and State income tax. Is the refund I received considered income earned for 2005?

2007-03-06 13:43:46 · 6 answers · asked by Ssky 2

I thought you could write off your total mortgage payment when you rent a house, especially when your mortgage is higher than what you get from the renter, my tax guy said only the interest is a write off is this true?? and of course all the expences are a write off also.

2007-03-06 13:32:13 · 2 answers · asked by foxyraley 2

We donated misc. items to St Vincent valuing over $1500.00, can we get some thing back for that , and if so what type of fprm are we supposed to fill?

2007-03-06 11:55:05 · 5 answers · asked by hahol 1

I think I'll get drunk! Any other great ideas?

2007-03-06 08:57:03 · 6 answers · asked by Anonymous

I read on motley fool that these have tax advantages, how does this work?
Thanks.

2007-03-06 08:06:30 · 1 answers · asked by Anonymous

I was helping my parents doing their tax return. They are getting a small refund from Federal, but nothing is owe or due on state. Do they still have to file the state? The state is Arizona by the way and they just moved there last year. Thanks :)

2007-03-06 06:39:14 · 9 answers · asked by Anonymous

I need my taxes done ASAP. I live in Detroit so i trying to find a place that's in the motor city area. but that is free and legal. Not h&r block or any companies similar.

2007-03-06 06:11:37 · 9 answers · asked by thatone 1

I want to sell some old solid gold and silver coins. At what dollar amount do I have to declair this sale on my next year taxes. The sale will probably be less than $600.
Thanks

2007-03-06 05:04:47 · 5 answers · asked by Anonymous

Since both 706 and 1041 is estate, what is difference between them? which one is i should use

2007-03-06 03:40:35 · 4 answers · asked by Anonymous

Looking for statements from March 1, 2003 - July 31, 2006

2007-03-06 02:04:49 · 4 answers · asked by dybuildersteel 1

just curious, what's the penitly for not filing you taxes for one year?
and how do some poeple get away with not filing taxes ever.
i heard something about not having to ever pay taxes because it's a goverment thing, and it's not in the constitution.

2007-03-06 00:26:43 · 2 answers · asked by alie 2

does a person who writes checks to the order of "cash" (instead of the name of the other person) have to report to the IRS about how much they spend or who they are paying? is it against the law to have checks written for "cash"? if someone writes you a check (small amount of money) and you don't declare it, is it traceable?

2007-03-05 17:05:47 · 3 answers · asked by saxoool 2

I called my last jobs accountant today and was told I got a 1099-MISC form for $550 which represents bonuses. I never recieved bonuses for this amount. I did do teaching in the jewelry store and made and sold pieces to the store - but was always paid from the owner on business checks. I assumed I was paid as an employee but now they are implying I was an independent contractor - which isnt true. I did all the work in the store and never invoiced for anything. What do you think is happening here and what should I do?

2007-03-05 14:23:40 · 5 answers · asked by JB 2

Purchased on Sept. 2004 for $10,000 and collected $11,000 on the date it matured Oct. 1 2006. What do I pay taxes on?

2007-03-05 13:00:28 · 4 answers · asked by m s 1

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2007-03-05 10:47:58 · 2 answers · asked by billy t 2

I have asked this question before and received varying answers. Here is my Situation:
I lived in VA and had a VA job.Last Sept I got married and moved in with my Spouse who has always been a MD resident and has a MD job. Once I moved my job took notice of my change of adress change and deducted MD taxes.
I have a question about the state filing. I know that for Federal we can file jointly: no problem.
How do we file state? I have tried to file MD married joinlty part year resident and that form is fine.
What about my VA filing? When I try to file a part year married jointly for VA they want to know the dates that I lived in the state and the dates my spouse lived in VA, which is never. Do I leave that question blank? Or,Do we do MFJ for MD part yearand I do MFS VA part year Or,
should MY SPOUSE just do MFS MD and MYSELF do MFS MD **and** MFS VA?? Is that allowed?Please answer only if u know..I cant afford proffesional I'm tryin 2 do this myself. Thanks questions? sati021@yahoo.

2007-03-05 09:51:37 · 2 answers · asked by lanena 2

Thanks.

2007-03-05 09:20:44 · 2 answers · asked by Anonymous

We (my siblings and I) recently discovered that my father has not filed his income tax return in nearly 8 years. He sold a piece of property that year and so it was not so cut and dry and he just has not been able to see to do it and has been reluctant to ask for help in doing it.

My sister has collected all the information he has however their are a few years which he did not have his W2's .

Do you know what the best method to resolve this for him would be...he may have money coming to him...or he may owe..we don't know.

How do we go about getting a W2 for him...the company he worked for no longer has them on file as it has been too long ago.

Should we hire an accountant to resolve this or maybe a tax attorney. He is worried to pieces about it and apparently has been worried for some time now and has not told anyone as he did not want to burden us with it.

Any help you can give on what steps we should take to resolve this with the best outcome would be appreciated!

2007-03-05 09:11:08 · 4 answers · asked by JennyJ 2

I have never deducted them before so I am guessing no, but I don't want to lose out if they are.

2007-03-05 08:32:29 · 8 answers · asked by floatnfun 4

I need to know if Cobra is a tax write off, medicines, health aids, clothing for work, meals for work, mileage for work, % of cell phone, internet, rent, electricity, home phone, utilities, and naything else I may have missed. I have kept all receipts for 2006 and just need to know what can and can't be with a home office and multiple jobs.

2007-03-05 08:15:35 · 4 answers · asked by houstonmurray 1

2007-03-05 07:22:33 · 7 answers · asked by brighteyes62863 2

I worked in Illinois, but on my W-2 form the address of my workplace is in Florida!! This is apparently the headquarters, but does this now mean that I owe taxes to Illinois? When I tried to file online it shows I DO owe money to my state! But this can't be right... I must have payed taxes to my state, because there's a number in #15, 16, and 17 which is the state of IL, my Employer's state ID # and the state income tax. If you could help me out, I would be greatly appreciative. :)

2007-03-05 07:05:42 · 6 answers · asked by ? 2