United States - November 2006

Ok make 15,000 a year and earned 800 in intrest from bank cds for the year. Live in NY and have no children and single and no deductions. How much do I pay on taxes for the 800 dollors intrest. I just want to know the ballpark figure. Is it 15% flat for the 800 bucks?? Thanks in advance

2006-11-26 00:09:58 · 2 answers · asked by David W 2

If you make 15,000 a year but also earn 800 dollors in intrest that year on bank cds. How much taxes do you have to pay around for the 800 intrest in cds? Just a ballpark figure? Is it 15 percent off the 800 dollors. Thanks.

2006-11-25 23:53:32 · 3 answers · asked by David W 2

2006-11-25 20:47:31 · 3 answers · asked by hawnbigboy 1

Check under both my husband's and my name, he has his Mexian ID (valid) 2 days ago on Thanksgiving night my purse was stolen with all my documents, the only picture ID i have is my old DL and it is expired. I need the money ASAP.

2006-11-25 19:45:49 · 5 answers · asked by Anonymous

My friend's Turbo Tax return for 2005 has vanished from the PC. He says he can't file for this year without it. I know, it's a little late. Can't he get that info from the IRS or something? PLEASE help as he is blaming me and life is hell right now! I went to the IRS site, does he need to call them? I didn't see something nice like, "Ask IRS" lol...

2006-11-25 18:50:26 · 2 answers · asked by ^ _ ^ 4

This info is for a freind whom has consulted w/ an atty. and stated that the only option is a settlement. This party does not have the money for a settlement nor enough assets to sell off to erase the tax liability. All wages garnished and personal asset(s) i.e. car has lien attached. Bankruptcy won't work due to this is non-dischargeable debt. This person understands the need to pay and has a good job-salary, but the IRS has left her/him with $333 to live on ea. month. Bascially poverty-stricken. No doubt the gov't has legal basis to due this, but, but, I believe it's unfair/ unjust to propel a person into dire straits with collection efforts. If the garnishment was not at the present level e.g. leaving this person with say $1000 to live on monthly, it would be affordable. I don't think the IRS... tax system, was setup to render a preson homeless or otherwise. Thank you for any assistance.

2006-11-25 12:06:23 · 4 answers · asked by geeluv 1

sale tax for electronics in ca...

2006-11-25 11:59:44 · 3 answers · asked by jonathanbt@sbcglobal.net 1

2006-11-25 09:36:35 · 1 answers · asked by allinliketinytim 1

I own a busness With a gross of 40-50,000 before deductions . After the deductions, total is around 12,000 . I do get Child Credit so most of the time they owe me .After paying my social security, medicare etc. People say if they owe you , it's not as bad as to if you owe them. Thank everyone for their help on this matter.

2006-11-25 08:34:38 · 2 answers · asked by Cindy B 1

2006-11-25 07:58:23 · 3 answers · asked by charles g1936@hotmail.com 1

Can a minor child receiving death benefits work and how many hours are allowed?

2006-11-25 07:40:25 · 2 answers · asked by IVAN P 1

Because when your living at the homw with the child and supporting them, the child only see's the net income and not the gross income.

2006-11-25 07:11:25 · 3 answers · asked by ♥!BabyDoLL!♥ 5

i want to pay off my morgage of $42000. i also owe on my credit card a rather large amount, if the taxes or too high i could just pay off morgage and roll the rest into my 401k. if i do how much will i have to pay on $42000.00? i earn an income of app. $36000. a year on top of this.

2006-11-25 06:43:54 · 3 answers · asked by ann 1

Do I need to pay FICA tax (payroll)? Even if I do, should the difference be this big? ~$70 --> ~$58

2006-11-25 06:13:59 · 10 answers · asked by si1enc3d 2

I suspect that my signature on Federal
Return has been forged.

2006-11-25 04:49:07 · 2 answers · asked by martis2me 1

If I file for a LEGAL separation, will I be able to file my taxes as single or will I still have to claim married?

2006-11-25 01:43:16 · 4 answers · asked by Anonymous

I am needing to know the states sales tax rate any information is appreciated

2006-11-24 21:38:11 · 2 answers · asked by Anonymous

2006-11-24 17:45:07 · 3 answers · asked by Cathy C 1

What is the minimun amount of money I have to make to be able to file income tax? I heard it was $4000 but I am not sure. Also, if I file income tax my parents cant claim me as a dependant right?

2006-11-24 15:38:43 · 5 answers · asked by st_al_xii 3

I travel 720 miles roundtrip (I rent a room and sleep in it weeknights only) every week for my job, while maintaining my old residence, relationships, etc.. on the weekends. Can I deduct this mileage as a business expense?

2006-11-24 15:20:21 · 2 answers · asked by cshepherd82 1

2006-11-24 15:08:07 · 9 answers · asked by Anonymous

2006-11-24 14:59:27 · 7 answers · asked by Gary T 1

My husband is a Mexican immigrant and we were advised by an immigration atty to get a Tax ID # from the IRS for him so he could be claimed as a dependant on my tax return. However, I later found out that if I claim him with his Tax ID#, I will no longer be able to claim the Earned Income Credit, which I really depend on every year to get caught up on things with my 2 kids and their school expenses. So now I'm thinking I will just file as Head of Household as I have for years and not include him as a dependant. Do you think the IRS will look at this as fraud? My husband is here illegally so basically he is a non-person in the eyes of the government, so hopefully the IRS will not notice that I had filled out that form to get him the Tax ID # and now am not including him on my return. He did work for 4 mos. out of 2006 where they took out taxes & supposedly sent his portion to the IRS on his Tax ID# but now he is working for a restaurant for cash - no taxes taken out. I'm so confused

2006-11-24 14:54:12 · 6 answers · asked by YukiCat 1

Both my children received lump sum payments from my SSD, the 1099's states the benificiary's SSN and my child's SSN. So do I report it as my income or as my son's income. My SSn is listed as the claim number.

2006-11-24 13:40:37 · 2 answers · asked by Anonymous

I know these two people who are fighting over who gets to file the kid on their tax returns. What if one of them files first, and the other tries later on? What will happen? Will there be an investigation to see who should really be able to file the kid or will they just tell the person that someone already filed that kid? Please tell me.

2006-11-24 12:17:17 · 11 answers · asked by Damon ♥ Elena 6

I am starting my own home-based business. I hope I can expand it outside of the home in a couple of years, but until then I just need to know how to start it. Like tax wise how do I go about registering and do I have to get a Tax id?

2006-11-24 11:44:00 · 3 answers · asked by Kia25 2

2006-11-24 10:39:00 · 2 answers · asked by alloure2001 1

also what is the reporting procedure

2006-11-24 09:56:40 · 2 answers · asked by Anonymous

I accidentally claimed 3 exemptions and actually only should have claimed 1- head of household. I have no dependents. I am hoping that my deductions will reduce the amount I have to pay Uncle Sam in the spring, but I need a list of how to maximize my deductions.

2006-11-24 08:28:00 · 3 answers · asked by soberlunatic 3

what is the exact percentage for tax?

2006-11-24 07:10:25 · 3 answers · asked by iashleighx 2