Other - Taxes

2007-02-05 14:35:11 · 1 answers · asked by gigi 1

for a car costing around 30-40g..how much would taxes amount to if you won one for free?

i heard during the 'oprah give away' many people decided to sell the cars because of the large tax costs

2007-02-05 14:08:01 · 4 answers · asked by Julio 4

Hi, I have a question regarding tax rate. I am a Canadian and trying to buy U.S stocks. If I gain money from stocks, I have to pay tax depending on how much profit I made? I am wondering what percentage has to go to the tax. I am going to use Questrade and I am a college student.

2007-02-05 12:22:55 · 3 answers · asked by hwoarang_rk 1

I am 28 yrs old and I've been disabled since 04'. I worked part time this year so I went to file my taxes and my refund was rejected due to my mother claiming me. I live in an entirely different state and she doesn't spend one cent on me. The most recent time I did live with her was April 4th of 04 to June 1st of 04 so barely two months. She finally came out and said she's been claiming me for awhile now. Even during the years that I wasn't disabled and had been claiming myself and my children. She isn't my guardian and I take care of myself and my children. I knew nothing about any of this and I want to know what can be done. I never gave her the okay to do so and this year she asked to claim me and I told her no. She did it anyway. Now I'm out of a refund. This has to be wrong.

2007-02-05 12:04:25 · 13 answers · asked by ? 2

2007-02-05 10:33:36 · 5 answers · asked by Brown Beauty 1

I am interested to set up a UK Limited Liability Partnership. I am not a UK resident (though EU National). Two questions:
1. Am I subject to UK tax in such a case?
2. Suppose the answer for 1 is "no". How do I withdraw money from the LLP without paying any taxes to UK authorities? Do I just transfer it to my personal bank account?

Thanks.

2007-02-05 09:40:19 · 3 answers · asked by Anonymous

I have filed an original 1040 last year for 2005. Then I realised that I forgot some info, then I filed an amendment (1040X).
Again I found out that there's still more info that I forgot.
Can I file a second amendment?

2007-02-05 09:33:00 · 3 answers · asked by Mike 1

i am 24 i started working @ 16 but i have never filed taxes do you think i can still file or will i just get what i worked last year ? i dont owe them money but should'nt i get the money they took from me over th years??? pleez help

2007-02-05 09:14:03 · 5 answers · asked by jenn jenn 1

2007-02-05 09:12:52 · 3 answers · asked by sugarbud 3

My sister passed away in a plane crash and the plane was insured. If the insurance company wrote me a check for $50,000 how much should I be expecting to pay in taxes? I'm so confused....

2007-02-05 09:08:03 · 7 answers · asked by Kara 3

I own a rental house. I bought the house so that friends of mine who already lived there would not have to leave when the house was sold. I only paid $50K for it and it was appraised at a little over a $100K. I have owned it for almost 3 years. I have always charged the couple the price of my mortgage payment so I have never made a profit. Now that the husband has been diagnosed with cancer, they are not able to pay the full amount so they pay about $150 less than the actual mortgage payment. TurboTax has indicated that the government may subject me to special rules about how I claim my deductions unless I can prove that I intend to make a profit. TurboTax says that the IRS may believe that I am charging a special rate because they are friends/relatives. It doesn't tell me what those rules are. I need to know what those rules are & what kind of deductions I can take. I need to know if the fact that the property value is so high is sufficient to show that I will make a profit.

2007-02-05 09:04:11 · 6 answers · asked by illume_13 2

I only worked for 3 people....kept track of my earnings but don't have copies of checks. Just my log book.

2007-02-05 07:57:40 · 6 answers · asked by grdnrim 1

I live in Memphis, Tn.

2007-02-05 06:03:50 · 6 answers · asked by Shelia 3

2007-02-05 05:57:12 · 6 answers · asked by Supriya 1

2007-02-05 05:16:01 · 3 answers · asked by Damn P 1

The only income I had was through trading stocks (not professionally) so do I have to file taxes? thank you

2007-02-05 03:43:28 · 6 answers · asked by Ernie 1

2007-02-05 02:54:43 · 1 answers · asked by matic 1

I want to file my Federal taxes only (not state). I am 69 years old with an adjusted gross income of less than $52.000. I qualify for many of the IRS recommended "FREE FILE" sites. I have tried 5 of them and after one gets to the end of filling out the forms, they ALL want to charge a fee. What is Free about The Irs FREE File site ? Does anyone know of a truly free site ( for Federal only- not state)

2007-02-05 01:41:00 · 2 answers · asked by Anonymous

Has anyone else wondered why the IRS free file site is not free ? It seems they all charge. Does anyone know of a filing service that is indeed free for Federal taxes

2007-02-05 01:17:14 · 3 answers · asked by Anonymous

Has anyone else wondered why the IRS free file site is not free ? It seems they all charge. Does anyone know of a filing service that is indeed free for Federal taxes

2007-02-05 01:15:23 · 2 answers · asked by Anonymous

My girlfriend's job transfered her from iowa to texas, so we had to move. Can i get anything back from this on MY return or just hers?

2007-02-05 00:56:25 · 5 answers · asked by Fingers R 2

2007-02-05 00:35:46 · 5 answers · asked by Curious 4 1

I am aware that I have to pay US income tax if my income exceeds certain amount even if I work for a foreign company in a foreign country and pay tax and social security of this country

My question is how much do I have to pay US tax after I already paid high income tax and social security in this foreign country. For example, if I would earn 100,000Euro/year in Germany, I am married with no kids and spouse has no job. How does US tax law apply to this situation? Based on what amount do I have to pay US tax? What kind of expenses could be written off for US tax?

2007-02-04 20:14:41 · 5 answers · asked by Lilli 1

2007-02-04 19:15:49 · 2 answers · asked by Anonymous

alot of people tell me they dont, they said that its more for like bars and stuff. is this true?

2007-02-04 17:54:56 · 12 answers · asked by Anonymous

i live in MT if that makes a difference.

2007-02-04 15:59:48 · 3 answers · asked by purple dove 5

Hello,
Me and my husband are both in the militarty with two kids. Whats the best way to file for more money? We have always filed married but we dont get much back. I got out of the militay in Sept and he deployed to Iraq in Aug.

2007-02-04 14:11:56 · 3 answers · asked by Anonymous

2007-02-04 09:44:19 · 1 answers · asked by Anonymous

2007-02-04 08:36:08 · 2 answers · asked by Smartass 4

WASHINGTON (Reuters) - Democratic U.S. presidential candidate John Edwards on Sunday said that he would raise taxes, chiefly on the wealthy, to pay for expanded healthcare coverage under a plan costing $90 billion to $120 billion a year to be unveiled on Monday.

"We'll have to raise taxes. The only way you can pay for a healthcare plan that cost anywhere from $90 to $120 billion is there has to be a revenue source," Edwards said on NBC's Meet the Press news program.

Edwards also went on to publicly declare the Bush Tax cuts will be eliminated. Any of you liberals out there still think this is an exaggeration???

2007-02-04 08:12:12 · 5 answers · asked by koalatcomics 7