United States - October 2006

2006-10-31 23:31:59 · 4 answers · asked by planter1952 1

I recently moved in the US. I started working January 2006. I went to a dealership to buy a car, they said I got approved I just need to show them my W-2 form; do i have that? or do i have to wait exactly for a year to get one?

2006-10-31 21:38:34 · 4 answers · asked by kupao1502 2

and if so what do we have to do?

2006-10-31 20:31:59 · 4 answers · asked by what is the good word? 4

2006-10-31 19:31:48 · 4 answers · asked by missthang200460628 1

I just sold my stock A for a long-term loss of $50K.

I then sold my stock B for a long-term gain of $50K.

Can I then immediately buy back stock B (same number of shares) and still offset the two gain/loss to not pay tax on B's 50K capital gain? If yes, wouldn't this be an always-win situation for me: not having to pay tax on B's 50K and now own the same number of B's shares at a higher cost-basis?

2006-10-31 18:24:16 · 5 answers · asked by Novice 4

If an ordinary loss... do you classify this as a "other income/loss" on the 1040 or what?

2006-10-31 15:11:35 · 2 answers · asked by Anonymous

My ex- ows me past child support I'm seeking a way to collect. Most avenues are fruitless. Any suggestions?!!!

2006-10-31 14:38:32 · 4 answers · asked by sherri b 1

2006-10-31 14:10:06 · 2 answers · asked by bouiver 4

My parents are very old and I plan to have them move into my house and help pay for some of their expenses for medication etc.

1)can I put them under my health insurance plan for my employer and how does that work if I wanted to do that?

2)can I file them as my dependents even though they are my parents for tax deduction purposes? Thank you.

2006-10-31 11:32:14 · 6 answers · asked by Anonymous

Me and my husband got married in April of 2006. Before I got marrie dI was filing single with myself as a dependent, and my husband was filing single with no dependents. Netiher of us have changed our Info on our W-4's though our work to say "Married". I'm wondering, since I haven't changed it yet, would it be best that me and my husband change our W-4's to "Marrried" but file a seperate return, and then wait till next year to file "Married filing jointly". Can I do that or not? I really appreciate the help!

2006-10-31 09:50:51 · 11 answers · asked by Allycea's Mommy 3

OK I am clueless here. I have an escrow account with $3900 in it. The bank, says online, that in 12/2006 the next estimated scheduled county tax payment is $532.98 (seems low) . It also says the next estimated scheduled school tax payment is $334.02 (seems low) on 12/06.

I grasp the insurance part, but the taxes I dont get. Why are they so low? The Appraisal District website for my county shows estimated taxes at... City $1,210.27, School $2,347.94, County $292.46, College $108.20, and Hospital $339.30...for me.

So what do I owe? Do I have enough in there? Will the bank automaticaly pay the taxes? Why are the College, Hospital, and City taxes not showing up as getting ready to be paid on 12/2006?

I also plan on putting another $512 in the escrow account before 12/2006, bringing it to $4412.

2006-10-31 09:26:59 · 7 answers · asked by ec66 2

I am a corporate entity. I hold a contest for which there is a nominal entrance fee. I want to use aggregate amount of entrance fees to award to a winner, based on some judging criteria. Do I have to pay taxes on the amount collected? Or does awarding the money to the contest winner count as a deductible expense?

2006-10-31 09:15:11 · 5 answers · asked by The Machino 1

2006-10-31 09:09:30 · 3 answers · asked by hello2343 1

2006-10-31 08:17:03 · 12 answers · asked by Ben 3

I am a single woman working. I live with my boyfriend. I claim 2 dependents becuase I think when I filled out my form at work it said I could. Is there any problem with this and is there an advantage or disadvantage to claiming less?

2006-10-31 06:59:07 · 9 answers · asked by Gwen 3

part time. Who would get a higher tax return by claiming our daughter?

2006-10-31 05:55:25 · 5 answers · asked by twinkie3469 1

I just got my severance check in the mail today from the company that let me go and they took out $5800 in taxes on a $14,700 payment... Can that be right? That comes out to 40% when Im in only a 25% tax bracket...

2006-10-31 05:36:41 · 11 answers · asked by Jason 6

I believe alternative minimum tax starts to kick in at a specified income level and I'm wondering what that level is for the 2006 tax year.

2006-10-31 05:31:39 · 2 answers · asked by Colonel 1

i owe because her dead beat dead cant be found. shes 18 now but i still owe the state.

2006-10-31 04:57:43 · 2 answers · asked by skybluesherri 2

1st Do you think Russ Feingold may be onto something with this idea...I do :)

http://www.prospect.org/weblog/2006/07/post_782.html

Second: Would you support a tarrif on ALL monetary transfers from the US to Mexico, to recover lost taxes. Let's say for instance a 15% added fee, of which will be divided equally between Social Security, medical treatment programs, the IRS, and the state from which the transfer emminates.

2006-10-31 04:50:19 · 3 answers · asked by Anonymous

Hi, my friend is interested in filing a 1099, so she can be an independent contractor for a company. Can she pay her taxes at the end of the YEAR, or is she required to submit income tax payments to the state/feds on a QUARTERLY basis?

2006-10-31 04:22:50 · 12 answers · asked by nitropit68 2

2006-10-31 04:11:40 · 9 answers · asked by Anonymous

Last year we finished our arbitration case where a house contractor walked off the job in the middle of our house renovation. In court the contractor said he became sick and ran out of money and closed the business, although he never officially put his corporation through bankruptcy, the business no longer operates. We won the arbitration case against the corporation, but have not and probably will not collect any money. Can we deduct our loss on our taxes?

2006-10-31 03:41:40 · 2 answers · asked by Anonymous

2006-10-31 03:33:35 · 4 answers · asked by barbcna68 1

Im writting a paper about tax expenditures and was wondering if you guys have any ideas or topics that I might want to include in my paper. I know the subject is kind of broad but im trying to get specific on its pro and con side of tax expenditure.

Any help will be greatly appreciated

2006-10-31 03:15:56 · 2 answers · asked by Ski_Bum 3

2006-10-31 02:31:54 · 4 answers · asked by HMMR 1

2006-10-31 02:19:42 · 8 answers · asked by Anonymous

Please explain. My friend makes about $34,000 annually and gets $400 a month in child support for 2 illegitimate children. She claims 11 credits on her W2 throughout the year to maximize her paycheck (which is legal) and she still gets like 4k back on her taxes. They are done legally. So it sounds like to me the EIC actually gives you money to work. She ends up with more back than she pays in. Why is that fair? It is not like she is at poverty level. Am I misunderstanding the EIC?

2006-10-31 02:06:10 · 4 answers · asked by mamatohaley+1 4

I am recently married. My new wife and I each earn significant incomes. We also have mortgages, investments, and other deductible items that reduce our tax liability. What are the best ways to complete the new W-4 so that we minimize any interest free loans to the IRS? Thanks!

2006-10-31 01:17:17 · 5 answers · asked by Jesse S 1

When a new buyer purchase a property for more price than what it was appraised, will his property tax still go up?

2006-10-31 00:59:47 · 6 answers · asked by Stone 1