United States - October 2006

I think I have the answer for this, but I want to check. Here is the infomation.
Steve is single, and had the following items for 2005

Wages----------------------- $40,000
Interest income (taxable) $ 10,000
Loss on theft of securites. (60,000)

This is all the info that I have. I want to check with other people, to see if I got what they get. Thanks.

2006-10-27 11:16:37 · 5 answers · asked by brownskeith 1

2006-10-27 11:04:58 · 15 answers · asked by Yazzev 1

2006-10-27 10:56:04 · 2 answers · asked by mess 1

I am thinking of starting school for it and want to know in general, how much they get paid? I mean is it like 9.00 an hour or something?

2006-10-27 10:45:16 · 5 answers · asked by gobosowas 1

What’s like to be hated by most of the people in this country? Was that a career choice?
I like you! You want some cake?

2006-10-27 07:40:42 · 3 answers · asked by Silly Jaro 2

In terms of their behaviour with respect to volume or level of activity!

2006-10-27 07:39:24 · 4 answers · asked by Mz I 1

Tammy provides over 1/2 support for her 18 year grandson. The grandson earns 4,200.00 working part time and is saving the money to atttend college next year. The grandson lives in the home the entire year. Can Tammy file head of household?

2006-10-27 06:53:13 · 5 answers · asked by brownskeith 1

2006-10-27 06:31:43 · 3 answers · asked by doc m 1

If I pay property taxes (county, water, school) by their due date, but not by December 31, 2006, can I still claim the deduction on my 2006 return (even though I will actually pay in January 2007)?

2006-10-27 06:27:23 · 6 answers · asked by llttexas 1

not married, no children, income 25,000

2006-10-27 05:56:17 · 7 answers · asked by girlonair2 1

2006-10-27 05:31:57 · 2 answers · asked by Cassandra M 1

2006-10-27 05:23:29 · 4 answers · asked by Dennis D 1

i am sick of paying taxes on cars are there any states that do not have a tax on cars out there? maybe i can get my new car from there and not have to pay taxes on it. lol Virginia taxes everything

2006-10-27 05:07:29 · 13 answers · asked by byrdman26 1

Hi, help me please
Morgan and Maggie are married and have two dependent children. They also fully support Mary's mother who lives with them and has no income. Their 2006 tax and other related information is as follows:
Total salaries $110,000
Bank account interest income 3,500
Municipal bond interest income 1,500
Value of employer provided medical insurance 3,500
Value of premiums for $50,000 of group term life insurance provided by employer $500
Dividend income from ABC stock $2,000
Loan from Morgan's parents $5,000
Gift from Morgan's parents $15,000
Gain from the sale of qualified small business stock held more than 5 years $15,000
Total itemized deduction $16,000
compute Morgan and Maggie's taxable income

2006-10-27 04:48:30 · 6 answers · asked by abde 1

I thought it was 30 % but my boss says that would be overly cruel.

2006-10-27 04:39:53 · 8 answers · asked by jwhitaker9 1

A company that is based in CA is opening a distribtion plant in GA and will use mostly agency labor. What if any would be the tax liability in GA and would using agency labor make a difference other than not being liable for employer taxes?

2006-10-27 04:19:07 · 1 answers · asked by Wannabe007 2

Well I work for myself and I have no idea how taxes work. What kind of forms do I need? When do I need to pay them? What information do I need to get ready(all my sources of income and expenses)? Is it possible to pay online?

I'm 18 and I live in Texas.

2006-10-27 03:49:59 · 7 answers · asked by orbit 2

2006-10-27 03:07:11 · 12 answers · asked by rustierumley 1

For instance I gave my tax records to a guy I new in the Navy. He got me to sign a Reinlistment loan for a bank but be added his million dollars to the loan, on my tax records. The whole thing is in credits. But on top of that the Navy added a Billion dollars of their own money on my tax records and it's in credits too. The thng is I'm getting paid to have a marriage scam.

2006-10-27 02:05:42 · 8 answers · asked by LeRoy H 1

What if someone has lived abroad for five years and not filed their US taxes even once in that time? What are the possible consequences of this? How can this be remedied?

2006-10-26 23:48:28 · 9 answers · asked by Lao Ban 1

Nothing fancy-Just an average 200k house,3 year old car,health insur.,retirement plan,vacations.......Would 100 k be enough? After taxes maybe 60k take home.

2006-10-26 23:18:17 · 5 answers · asked by super stud 4

About 10 yrs ago or more I worked for a salon that didn't take out my taxes... At the beging of the new year I recieved a 1099 thing. Not knowing or understanding how this worked I put this off til last minute On April 13th I went to this tax person( h&r block) and was told I'm going to owe $7500 in taxes. I didn't have that & I didn't even have the $150 dollars he needed to process this. He gave me this form to fill out an extension. I filled this out my self not knowing exactly what I was doing & sent this in. Since then I worked there 2yrs longer.The jobs I've had since take out taxes but i've never filed because i'm too scared to face the financial burden. I don't know how I can pay for this. I don't have any of my tax forms from my past employers. I don't know exactly what to do because some of those employers aren't even in business anymore. What's going to happen to me? How do I make this right? What can I do? Do I need an attorney? Do I need tax person like H&RBlock?

2006-10-26 20:56:53 · 13 answers · asked by ivanmauras 1

I know that if you sell a stock at a loss and buy it back within 30 days, the loss doesn't count towards your capital loss or short term loss. However, if you sell a stock at a gain and rebuy it within 30 days, does that gain count towards your short term or capital gains?

2006-10-26 20:50:10 · 4 answers · asked by RockiesFan 2

just wondering what all i can do, i have a newborn that i can claim, what else is there, like head of household and stuff like that. i usually just do my job, but now i have a kid so what can i fill out to get more back

2006-10-26 18:27:03 · 3 answers · asked by preludesir007 2

Hello, I have a barber working in my shop as an independent contractor, he has worked here for 3 years. He is about to go to court regarding child support, however, he recently informed me that he has not paid taxes in the 3 years that he's worked in my shop.

As an independent contractor he is obligated to handle his own taxes by himself or by a CPA, he also is supposed to turn in a 1099 MISC form for me to fill out for him.

I the, owner am only obligated to take the rent and fill out 1099 forms (if given) to me by the indepedent contractor. It is not my obligation to give out 1099's. I pay monthly city taxes on each rental station per month, otherwise the rent is pays the bills and returns a small income.

Anyways, I feel that I could receive trouble from state and IRS agents in the months and years to come because of this,

How are they going to determine his income without investigating my shop, etc....

Thanks in advance....

2006-10-26 18:26:06 · 4 answers · asked by Anonymous

OK, last year, I had over $1,000 in church tithes. I gave it to the woman who did my taxes for last year, and she said the amount had to be $5,000 or more to be counted. My question is, can I count that money from last year toward this year's taxes, if I do them myself over the Internet?

I don't want to get audited or get arrested over this, I'd just like to know. Thank you.

2006-10-26 14:13:36 · 8 answers · asked by kellygirlaj 4

2006-10-26 13:16:34 · 3 answers · asked by Gordo 1

2006-10-26 12:52:55 · 6 answers · asked by Brooke W 1

How can I find out if someone is using someone on their tax return and the person that they are using doesn't know???? For example: Mrs. A is using Mr. C on her tax returns and he doesn't know it?.?.?

2006-10-26 12:40:19 · 7 answers · asked by xxbigbadgxx 2

curious.

2006-10-26 12:37:51 · 5 answers · asked by Anonymous