Taxes - December 2007

Here is my situation: I'm looking to make adsense money off of a number of adult sites. An attorney who is a family member files my taxes for me. I'm inexperienced with these things: Would there be anything that I would need to report (site name, description of site, etc) on any of my tax forms that could reveal the nature of these sites? Said family member would strongly disapprove.

Thanks in advance for any thoughts on the matter!

2007-12-30 16:49:16 · 4 answers · asked by Anon Y 1 in United States

Is a disabled person in Texas excempt from taxes on a new automobile

2007-12-30 16:34:20 · 6 answers · asked by Treva S 1 in Other - Taxes

I usually have to file single with no dependents. But now I have a house and im married...So will this help or harm me when im filing my taxes..

Should I file jointly married or married filing single

2007-12-30 16:30:10 · 5 answers · asked by Imdatchick 3 in United States

In other words, if you make money with some online / home business type thing, how do you pay your taxes on that income ? is there a way to caluculate how much to give the IRS so they dont bill your for it later or what? because i kno at ma n pa places with a few employees they have a chart where they can do it by hand so i was wondeingr is it the same thing?

2007-12-30 16:14:26 · 7 answers · asked by Anonymous in United States

Is it true that you have to be out of work for at least two weeks before you can apply for unemployment?

2007-12-30 16:02:41 · 2 answers · asked by DAG314 2 in United States

A friend of mine ordered some blankets from Dillards. They charged her the tax after the subtotal and the shipping were included in the bill. Is this correct or not?

2007-12-30 15:50:04 · 5 answers · asked by Egan 1 in United States

i pay her cash and have no receipts of payment

2007-12-30 15:42:17 · 8 answers · asked by montcoguy0o 1 in United States

i dint pay one months rent ,an on the letter it say if i dont show up to court on the day and time i will get a defaul judgment .

2007-12-30 15:07:42 · 3 answers · asked by Horacio C 1 in United States

I know that it differs from state to state. I live in Louisiana. How do they determine how much my ex will have to pay in child support?

2007-12-30 14:57:59 · 4 answers · asked by Geaux Tigers! 2 in United States

I lost about four grand in the stock market this year and was wondering if I can claim that towards my income like medical bills or child day care?

I mean, I would have to claim any money I earned and cashed out on this years taxes, just wondering if it works the opposite way.

Thanks,
-Single Dad who F'ed up...

2007-12-30 14:54:47 · 6 answers · asked by lodleader 2 in United States

2007-12-30 14:51:17 · 2 answers · asked by jamie k 2 in United States

I mean, if you claim it this year, that means you can't claim it next year, so why would it matter? Is it smartest to claim 2 years mortgage interest and property taxes in 1 year (1 payment January and one in December?) I've just been claiming one per year and not accelerating any payments ever.

2007-12-30 13:50:55 · 4 answers · asked by Anonymous in United States

we each make about 45000 a year. so together about 90000. We have a house... No dependents

so married or single.

Which would give us the most money back

2007-12-30 13:45:40 · 7 answers · asked by Imdatchick 3 in United States

While the house market is falling?

2007-12-30 13:41:14 · 6 answers · asked by LA LA 6 in United States

i had a very lucky year i won a trip worth 25k, car worth 15k and furniture/tv/entertaiment valued at 20k. I know that, i will get somesort of tax papers in and i kind of figured it our that i will owe the IRS like 10-11k yeppie!!!!!! I dont have that kind of cash laying around Yes i have about 14k locked up in 401k and 3k in savings. I was looking at a putting it on my credit card but the damn intrest rates are always bad. What i am wondering if i could take out a loan with the car i won?
here is my situation i make 47k a year single.
Live in a townhome with no equity and pay 1400 a month
i have a cc balance of 5k with all combine a 24k limit
i also have good creidt. where do i start, to prepare myself in April were Mr. bush gets a good pay day on me.
thanks in advance for the answers

2007-12-30 13:14:28 · 6 answers · asked by Dan F 1 in United States

2007-12-30 12:57:05 · 2 answers · asked by Leo 1 in United States

I understand that in 2007, there is a $87,500 tax exculsion for (ie western employees). Is this true ? Is this gross income or adjusted income?

Also, do americans have to pay capital gains tax earned overseas?

(ie. Say i invested my money in an IRA in UAE for the past 3 years and have earned 30% return on my investments and after the 3 years return back to the US. Do I have to pay any taxes? Can I transfer the money back into my US bank account?) Please advise?

Thanks.

2007-12-30 12:56:15 · 3 answers · asked by JAE82 1 in United States

i am a student and my parents still claim me on their taxes...can they write off a laptop for my schooling?

2007-12-30 12:53:04 · 2 answers · asked by hopeless_romanticda 1 in United States

2007-12-30 12:48:06 · 3 answers · asked by Laurie G 1 in United States

Hello everyone, I am a high school student under 18 yrs of age who worked over the summer for the first time. I only worked for 2 months made about 2000. After reading other answers on the site I'm still a little confused when it comes to taxes etc. Now I put exempt on my forms and on my paychecks it said 0 under Federal and NY withholding -which I wanted- and got taxed for the obvioud med, etc.Now I'm just confused here, I know I don't have to file taxes since I earned under 5 thou but do I get a W-2 form etc. at the end of the year?

Thanks for all the help.

2007-12-30 12:35:54 · 7 answers · asked by Cyn 1 in United States

The sucession from England in 1776 was innitially cited by reason of Magna Carta violation. No taxation without representation.

Do you feel that US citizens under the age of 18, who work and pay taxes, yet cannot vote and determine what happens to their tax money, are unrepresented, and therefore entitled to tax-free wages until their 18th birthday?

This would only apply to legal citizens, who work legal jobs, and pay all required taxes.

Thoughts?

2007-12-30 12:20:10 · 4 answers · asked by PunkyDoll 4 in Other - Taxes

Where do you purchase IRA's, can you buy one on line? Thank you for your help and input.

2007-12-30 11:32:59 · 4 answers · asked by Anonymous in United States

Is it the date written on the check? Or the date it's deposited? Or the date the money actually transfers into the account?

2007-12-30 11:17:15 · 2 answers · asked by heartscared 3 in Other - Taxes

2007-12-30 11:08:05 · 5 answers · asked by catrina h 1 in United States

(I had to ask this again because I keep leaving info out)

I am 20 years old, I have my own apartment I pay all the bills there, (I do go to her house sometimes for a few weeks), I have my own car for which I pay my own note and insurance. I also pay my cell-phone bill She only gives me money for gifts at Birthday and Holidays time (probably about $100) each time. I want her to stop claiming me on her taxes, but she will not. I want to claim myself. What can I do?

She does pay my cell phone bill sometimes (about 5 times a year)
She does have me on her medical insurance policy, but I have asked her to take me off because I have insurance with my school.

I am a full-time college student (out of state), I work 2 part-time jobs.
I pay for all: housing, books, food, tuition expenses, and EVERYTHING related to me. She does not shell out any money for me to be in school, she only gives me gifts at Christmas and birthday and SOMETIMES she pays my cell.

2007-12-30 10:58:14 · 8 answers · asked by Da1Nonly 3 in United States

We have been together for 3 years and the kids live with us more than 50 % of the time. I dont work, disabled. My ex husband thinks he can claim the kids every year and get the earned income credits, even tho the kids live with us, not him. Cant my boyfriend claim them as dependants without claiming the earned income credit? Or do I just let me ex husband get back money he doesnt deserve? He pays $400 a month in support. Any help would be wonderful. We live in Oregon. Thanks!

2007-12-30 10:55:26 · 13 answers · asked by K C 1 in United States

What are partial deductions and how do you use them filing taxes?

2007-12-30 09:52:48 · 3 answers · asked by D. Nelson Altamirano 2 in United States

Will I have to declare my bankruptcy on my taxes? Is it counted as income?

2007-12-30 09:52:23 · 3 answers · asked by moegold2000 2 in United States

I have joint legal and physical custody of my son who I get almost 50% of the time. She claims him as a dependent on taxes. Since the "child support" reduces my income by $6000 a year, is there someway I can get a tax credit to help me out? Or is Ron Paul my only hope? :p

2007-12-30 09:50:59 · 12 answers · asked by testingway 1 in United States

I have been with my husband 12 years. We just got married in May though. He owes a lot of back child support & never gets a return. I always claimed head of household for me & our daughter & get earned income credit on her. Now that we are married what will happen? Will they take my refund?

2007-12-30 09:38:27 · 4 answers · asked by ♥SummerRain♥ 6 in United States