United States - September 2006

I sold a house in 8/2003 with large profit and has been unemployeed/student until now. I didn't report the profit in 2003 and bought a house 8/2005 with that profit. I'll start work next month and like to report taxes but afraid I may be taxed on previous income. And I don't have receipts of remodeling costs, they're lost during move.

2006-09-08 06:39:23 · 10 answers · asked by curious 1

Thank you.

2006-09-08 05:44:05 · 1 answers · asked by somebody 2

Okay I am 20 yrs old, single, never married, no kids. Washington state resident. I just bought a duplex (resedential real estate w/ tenant) It IS my primary residence and I am suppose to live there although I don't. No one knows that. I work under the table (no tax deductions) so I have no proof of income whatsoever. I pay interest for 2 yrs w/ the mortgage I got. I heard a lot about claiming "tax deductions" on the interest, if I work under the table and possibly will get a second just making under $800 a month and I will claim 0. What will the tax deductions on the property give me? Will I get a bigger tax return? Will they pay me back some of the taxes I paid to the mortgage company? Please explain it to me. I deeply appreciate it. Thank You!

2006-09-07 17:34:28 · 7 answers · asked by Dispirited 2

Normally it's Aug 15, isn't it later this time?

2006-09-07 17:27:32 · 5 answers · asked by Mark P 3

Why do you have to pay taxes?

2006-09-07 17:24:28 · 7 answers · asked by Fesha 1

2006-09-07 17:17:26 · 6 answers · asked by helmsshelia 2

If so, do they have to file both federal and the state of Minnesota?

2006-09-07 16:14:37 · 12 answers · asked by Anonymous

2006-09-07 15:22:08 · 7 answers · asked by Chance_86 1

2006-09-07 13:34:10 · 4 answers · asked by atlanta_alpha 2

2006-09-07 11:28:45 · 5 answers · asked by Manish G 1

2006-09-07 10:04:22 · 8 answers · asked by Chad M 1

Harvard and Rhode Scholars under the US Treasure Department are now reporting the Bush admin. lied and the true national debt will shock many people. If so, the country is bankrupt so the Bush Adm. should be held accountable for wasting our wealth away and why? (See fms.gov) (See Rep. Jim Cooper -TN)

2006-09-07 09:52:00 · 9 answers · asked by Reba K 6

I live in Nevada and have not filed my taxes in a few years how far do i have to go back when i finally do get around to filing? I lost all my tax info due to unforseen cercumstances (Ex-boyfriend threw everything away)and now I'm scared of what will happen when I go the IRS.

2006-09-07 09:13:26 · 13 answers · asked by mslorikaraoke 3

2006-09-07 09:12:10 · 8 answers · asked by jojo 1

2006-09-07 09:01:48 · 6 answers · asked by Anonymous

I'm getting a big bonus at work and I'd rather not let the government take nearly half.

2006-09-07 06:57:34 · 5 answers · asked by HatTrick1706 1

The money was already taxed when I received it as income...does it get taxed again when I give it as a gift to my father?

2006-09-07 05:54:20 · 9 answers · asked by ic1212 2

2006-09-07 05:46:30 · 7 answers · asked by Anonymous

I don't know much if anything about how taxes work. How does donating to charity affect me?

2006-09-07 04:32:20 · 8 answers · asked by Anonymous

2006-09-07 04:27:38 · 12 answers · asked by ChicaLoca 3

taxes as married or for one parent to file head of household and carry all the children. They are eligible for a refund.

2006-09-07 04:20:49 · 10 answers · asked by lamont p 1

And do you know what kind of taxes? Thanks.

2006-09-07 04:14:41 · 6 answers · asked by sheba 3

I have been saving my reciepts from my prescription drugs, and copayments, and other out of pocket medical expenses. I have spent a good amount of money on medical expenses. Will it be worth adding to my taxes? how much do you have to have for it to count?

2006-09-07 03:31:23 · 5 answers · asked by Anonymous

I got a email saying I won money from mr bill ates lottery. I said yeah rite but then he went and asked my religion. I am so mad.
anyone?? oh I did not win I have to pay first PLEASE!

2006-09-07 01:48:33 · 4 answers · asked by skeeter 1

2006-09-06 20:58:51 · 4 answers · asked by The Oregon Kid 3

Do you agree or disagree that the USA should get rid of the income tax and create a national sales tax? The poor consume less so naturally they would pay less, but with the fair tax they would be able to keep their entire paycheck. It would save time & money in the government by eliminating tax evasion and freeing up the legal system. The Gov. would save billions by not having to process income taxes, and it would eliminate payroll taxes so companies would have more money to spend boosting productivity, while people will have more money to spend which in turn creates more jobs. Thoughts?

2006-09-06 20:55:16 · 12 answers · asked by junebug 2

2006-09-06 14:52:31 · 2 answers · asked by merit3162003 1

Can I enforce the wage garnishment if she claimed bankruptcy, chapter 7, 3 years ago. I have paid my half, but must continue paying IRS or they will garnish my wages. IRS does not care who pays, they just want their money. She has been served with the wage garnishment, how long does she have to dispute it ?

2006-09-06 13:03:57 · 3 answers · asked by Minnie M 1

I am a licensed realestate agent in florida and i am about to close on a big commercial deal. I stand to make between 10 and 30 thousand dollars in comission. My husband says that if i am not incorporated the irs will take 57% of my commision for windfall profit tax. Is this true and what can i do to prevent it? Any info would be much appreciated as this is my first deal and i have made plans to reinvest this money in another property

2006-09-06 13:00:21 · 6 answers · asked by patricia_hyland72 3

I want to get a cell phone that will be used for business purposes. is that tax deductible?

2006-09-06 11:51:05 · 5 answers · asked by Crickett 1