United States - August 2006

Lets say I write 5,000 off? Anyone know how to calculate?

2006-08-19 10:56:14 · 4 answers · asked by Anonymous

2006-08-19 08:31:52 · 3 answers · asked by Jorge M 1

I have Turbo Tax Deluxe 2001 and Turbo Tax Deluxe 2002, don't ask why. I don't know anything about them so i don't know if the 2001 version has something the 2002 version doesn't or it has something better. Is there any point of keeping the 2001 version?

I'm not gonna be purchasing any other tax software anytime in the future so if i were to do taxes w/ tax software, should i even use any of them? (seeing as how they're 4-5 years old)

2006-08-19 05:04:57 · 7 answers · asked by Anonymous

I claimed to winning tickets for $1,000 each twice in a yr. for the same person. After the first one I called my tax place and inquired about taxes. She said that I probably wouldn't have to pay anything because amounts like that, it is assumed you have spent that much on losing tickets. I don't know if the 2nd 1,000 made the difference or not but I am now being taxed on them both and owe 360. Can this amount be legally transferred to the rightful owner of the winnings? possibly signing something or getting something noterized?

2006-08-19 04:53:29 · 5 answers · asked by Ava 1

Every time I go make a deposit at the bank I can't stop thinking about all the money i will owe in taxes next year. This honestly worries me although I am very happy that business is going well. I don't pay taxes every three months because I didn't expect business to go so well, but thats definately what I'm doing next year. I was just wondering if there's anyone out there that feels like me.

2006-08-19 04:21:59 · 11 answers · asked by Anonymous

we don't qualify for earned income credit. I am thinking it will just be like 600

2006-08-19 04:16:28 · 6 answers · asked by Rachel☺ 5

Does the IRS work with you with this.

2006-08-19 04:02:45 · 5 answers · asked by niceguy 2

2006-08-19 03:19:41 · 10 answers · asked by Rachel☺ 5

I will be working for a company that will not be taking any taxes out of my pay. I was wondering what is the percentage of my pay I should put aside to pay the IRS with? I live in NYS.

2006-08-19 03:12:45 · 7 answers · asked by misymagicg 2

2006-08-18 22:06:45 · 3 answers · asked by kenneth d 2

2006-08-18 17:53:38 · 5 answers · asked by Anonymous

The friendly lawyers in a classaction lawsuit tell me I'm entitled to some cashola (over $1k) because an Internet dot-bomb company settled the class action. Woohoo! But the rub is...I purchased and sold the shares in my contributory IRA. So when I get my check from those greedy theivin' dot-commers - am I free to take spend it as I see fit? Or do I have to put it in my IRA and lock it away until old and grey?

2006-08-18 15:58:01 · 3 answers · asked by HomeSweetSiliconValley 4

2006-08-18 15:50:17 · 3 answers · asked by lexhome05 2

Any tax attornies out there? I haven't filed taxes in five years. I think I owe about $25,000. Whats the best course of action? Can I negotiate it down? I had a nervous breakdown about 2 years ago and gave about $30,000 away to the homeless (the actual homeless, not documented homeless charities). Unfortunately that was the money I had planned to pay the IRS with. I'm trying to rebuild my life and I'm afraid to go to the IRS on my own. Any suggestions?

2006-08-18 15:44:41 · 9 answers · asked by Bill D 1

OK I just moved to the U.S. to be with my wife & daughter and I have NO idea what so ever about taxes etc..

I recently started a new job (my first in the U.S.) and my co-workers recommended I have3 Exemptions/Allowances.
I got my first paycheck today and the amount the taxed me doesn't look right....from $514.50, they only took out $17.03.

I'm married with 1 child, my wife does not work right now....how many exemptions/allowances should I have as I do not want to owe the govt. money at the end of the tax year??!!??

Thanks.

2006-08-18 15:30:53 · 11 answers · asked by RabbleRabbleRabbleRabbleRabble 2

2006-08-18 13:21:28 · 3 answers · asked by Fraustina W 1

My brother-in-law just leased some land. Is the money he paid for that land tax deductible?

2006-08-18 11:57:38 · 7 answers · asked by norma taylor 1

I am trying to figure out a retirnment queastion.

2006-08-18 11:54:47 · 6 answers · asked by hydroco 3

2006-08-18 11:47:07 · 4 answers · asked by SCOTT T 1

Discuss the following flaws:

The implementation of a national sales tax means retaxed already taxed dollars. So, if I have been investing my after tax dollars for the last 25 years, as soon as a national sales tax is incorporated I am going to have to pay tax all over again?

A prebate? This will only cause more people to be dependent on receiving money from the government. Yikes!

There are many other flaws, but these 2 seem the mos glaring. I know there are benefits, but don't tell me any of those benefits out weight the flaw of being taxed twice! Let's hear it pro fair tax people, how do you address the flaws?

2006-08-18 11:30:09 · 7 answers · asked by Marcello 2

There are some states that grant you additional tax discounts for raising livestock or crops on land. Does Tennessee have any additional tax benefits for farm land?

2006-08-18 11:23:46 · 3 answers · asked by nicedayrus 2

2006-08-18 10:09:14 · 10 answers · asked by Anonymous

the state is MN, i need both links for federal and state, i cant find anything, help me please

2006-08-18 08:26:40 · 7 answers · asked by maish_99 1

Also the job is union, how much will they take out for that?

2006-08-18 08:04:27 · 4 answers · asked by maish_99 1

2006-08-18 05:12:48 · 3 answers · asked by E-Daddy 1

Once I got a check for 3600 with 2480 take home. Then I got a check for 2000 with 1600 take home.

Anyone know how the taxable rate of overtime is figured. I have overtime for 40.5 hours. I can break this up over two pay periods if I would get taxed less.

Any help appreciated!

2006-08-18 04:42:47 · 5 answers · asked by gravvyboat 2

My family lives in a foreign country and they are not US citizens. They wire money monthly to me in the US and I am a citizen. Do I have to report the money to the government? What will happen if I don't. Will they know?

2006-08-17 16:39:04 · 6 answers · asked by salute333 1

2006-08-17 15:25:46 · 5 answers · asked by Arlene B 1

2006-08-17 14:20:58 · 17 answers · asked by Anonymous

besides the value of your home

2006-08-17 14:12:35 · 11 answers · asked by big bos 1