United States - October 2006

2006-10-25 06:51:38 · 7 answers · asked by D A 1

Bart is 16 and is claimed as claim as a dependent by his grandpa. During 2005 Bart had interest income from the city of Tulsa of 1000 and earnings from a part time job of 700. How much is Barts income?

2006-10-25 06:19:42 · 5 answers · asked by brownskeith 1

2006-10-25 05:12:21 · 5 answers · asked by gloria 1

trying to understand if i'm better off tax wise to not have a ira account due to early withdrawal penalty taxes

2006-10-25 04:46:24 · 6 answers · asked by vernus e 1

accounting

2006-10-25 04:25:03 · 5 answers · asked by kay 1

has income of 70,000
Stock investment sales:
Long term capital gain----10,000
Short term capital loss----(12,000)
loss on sale af RV 4 years ago and used for vacations (2,000)

2006-10-25 02:54:21 · 4 answers · asked by brownskeith 1

Sales price $850,000. Loan balance $50,000. Owned property for over 5 years.

2006-10-25 02:10:52 · 4 answers · asked by Anonymous

Hello, my husband just won a case in court to get SSD and desicion was bench on same day of the hearing. We still haven't received the documents to go to SS office and see what benefits he will get. We have been married 3 years and have a child. Im currently not working because i care for my son who has mild autism. We have a doubt. He tried working this year for 7 months so he was on a trial period to test his working skills and earned some income this year. can we file taxes or that would put his SSD case on review? We have waited 2 years for this and he dont wanna risk it. But we need the money on the other hand. JUdge saw he worked 7 months this year,so i assume it wouldnt affect him. Any advice would help.

2006-10-25 02:04:57 · 5 answers · asked by mom_princess77 5

Does the employer have to keep the completed w4's on file?

2006-10-25 01:48:19 · 11 answers · asked by KL 1

My husband works for an oilfield company here in New Mexico. Yet, one of the company's rig's, that he works on, is located in Colorado. I was looking over his newest paycheck stub and noticed that state taxes are being withheld from both states! Is this right? I thought that state tax withholding is based on where you live. Am I wrong?

2006-10-24 20:12:47 · 11 answers · asked by Sharon B 2

2006-10-24 18:59:05 · 7 answers · asked by Anonymous

Doing a will soon, understand there's no inheritance tax, but still an estate tax. Thanks!

2006-10-24 17:29:06 · 2 answers · asked by rwhz199 4

A 55 yr old guy works fulltime and makes an income of $1100 per month. He has 2 dependents. He barely can save any money. His average expenses are $900 per month.

He is legal, has green card.

How much could be his tax return and social security money?

Any Best estimation would be highly appreciated. Is there any website which gives details to figure out this?

2006-10-24 17:24:28 · 2 answers · asked by Legend 3

I have not filed my taxes for the past couple of years and owe around
$50K. I have about $60K in cash. If I use my cash to pay down my
mortgage will this make the IRS more likely to settle for a a lower
tax payment?

The IRS currently does not know how much I owe them or how much I
have? I'm looking at paying down my mortgage before I file. So if I
have zero cash and more home equity when I file will the IRS settle for more like $10K cash instead of the $50K?

2006-10-24 16:54:47 · 2 answers · asked by Anonymous

A non-resident alien
A DAUGHTER WHO IS AWAY AT COLLEGE
A COUSIN
A GRANDDAUGHTER WHO IS 28 AND DISABLED

2006-10-24 16:45:08 · 7 answers · asked by brownskeith 1

wages 70,000
capital loss from stock investment (4,000)
moving expense to change jobs (10,000)
received payment of an interest free loan 5,000
property taxes on residence (2000)

2006-10-24 16:38:29 · 2 answers · asked by kjvonski 1

What do I do? Is there a blanket resale certificate? what forms do I fill out?

2006-10-24 15:00:43 · 1 answers · asked by Elay 2

2006-10-24 14:45:56 · 1 answers · asked by Dorothia G 1

My wife and I just bought our first home in Los Angeles and I know that this coming tax year we can deduct mortgage interest and property tax. We both have full-time jobs, file jointly (both filed with 0 claimed dependants), and have a, before taxes, combined income of roughly $100k. The mortgage interest and property taxes for the year will total just over $30k. What kind of number could I roughly expect to get back in my taxes this year?

2006-10-24 13:39:53 · 3 answers · asked by Steve H 1

2006-10-24 13:30:38 · 2 answers · asked by turntheothercheek55 2

2006-10-24 11:47:26 · 10 answers · asked by punjab 1

I just got married and didn't change my name. How should i file my taxes?

2006-10-24 11:35:47 · 8 answers · asked by freeme529 2

2006-10-24 11:10:23 · 10 answers · asked by Anonymous

my husband is in prison since the end of january he only workrd about 2 weeks,I want to know do I still file joint or seperate and also can I file head of household and claim the earned income credit for our daughter and still get my usuall few thousand back???

2006-10-24 10:49:34 · 3 answers · asked by juicy 3

2006-10-24 10:47:17 · 3 answers · asked by Anonymous

2006-10-24 09:55:32 · 9 answers · asked by freeme529 2

MY HUSBAND HAS BEEN IN PRISON SINCE THE END OF JANUARY, USUALLY I WOULD FILE JOINT BUT NOW I'M NOT SURE, DO I FILE SINGLE OR MARRIED????

2006-10-24 09:10:45 · 8 answers · asked by juicy 3

I received a tax extension because of various problems. I am in the process of paying my 2005 taxes and missed the deadline because of a lengthy hospital stay.
Last year I received a lump sum payment from Social Security disability for past payment and had to pay the full amount to a private disability insurance for payments I received from them in past years. This amount is not really income because I had to turn it all over to the private company. Can it be declared healthcare payments? Is there anyway I can declare this as a medical deduction of some kind? Is there some kind of deduction I can make? All I was paid this year was a small amount of SS disability because the private insurance company quit paying. I am in the process of a lawsuit with them. I have so many medical deductions I will probably still not have to pay any additional tax but I would like to get a bigger refund than I would receive if I have to use the $18,000.
Thanks for your help.

2006-10-24 08:58:42 · 5 answers · asked by Anonymous

won 2500 dollars on lottery what would me taxes be how much i owe for to set aside

2006-10-24 08:56:48 · 5 answers · asked by dodonumber2 1

My fiance and I are getting married on November and I don't work so how should he file this year? Is it joint or does he claim me as a dependant and my kids? Can he claim my kids? I received public assistance this year and my kids dad is not maintaning them ( he owes alot in child support) and never have claimed them.

2006-10-24 08:35:59 · 10 answers · asked by Meche 5