United States - December 2006

i heard you can get back all the money you've paid into your social security benefits and sign off to not receive any benefits when you're retirement age and they stop taking the ss taxes from your paychecks. if this can be done i would like to know how to go about it thanks

2006-12-19 11:00:13 · 9 answers · asked by Sandra R 1

My credit was poor, but I have paid for everything and have proof of it- can I claim all the credits? If not, what should I do?

2006-12-19 10:43:39 · 8 answers · asked by mattysmom 1

Back it up with logic, please. (:

2006-12-19 10:14:05 · 9 answers · asked by ? 2

I'll admit I am the total procrastinator, so please save the comments.
I need advise, I haven’t filled tax returns for my wife and I since 2002. My wages have been garnished for the 2003 tax year, but I didn’t learn my lesson. I just got another letter saying I owe for 2004 but its more than I can pay. I stand to loose my home, and pretty sure wife if this happens.
Where is the best place to turn for advice and someone who can basically hold my hand through this step by step to file my old returns, and hopefully get me up to par?

Background
Married, father of one and own my home.
Wife worked and I worked full time each year
Total income $100,000

On a side note my wife now stays at home rasing our little girl and keeping me from causing issues like this.

2006-12-19 09:56:58 · 4 answers · asked by Winny 2

I am unfamiliar with Illinois sales tax, and need help preparing this form for a gas station. I don't understand how gasoline is taxed and that is really throwing me for a loop. IDR website is of no help. If I had an example to follow I know I would be fine, but can't find anything online. I need to know what sort of sales are taxable and non taxable, as well as how to figure in gas sales on the return. I am lost! HELP!

2006-12-19 09:49:14 · 1 answers · asked by swheatmamato3 2

2006-12-19 09:22:36 · 5 answers · asked by juicy 1

I have about 20,000 in stufent loans and I'm still in school, just curious how I file that with my taxes.

2006-12-19 09:21:41 · 3 answers · asked by MsBhavn 1

2006-12-19 08:52:56 · 4 answers · asked by MIMI2 1

2006-12-19 07:56:10 · 3 answers · asked by aj7220420012000 1

I bought my first house this April. I live in NJ. I got my mortgage tax statement yesterday, and I've paid close to $9000 in interest. My closing costs were around $6000. I've heard you are supposed to get a sum close to the amount you paid for your closing costs back come tax time. What kind of refund can I expect, not factoring in job, 401K, etc?

2006-12-19 06:01:14 · 6 answers · asked by JohnDoe 2

I know I will not get $1,000 off the taxes I owe, but what % of the $1,000 will the IRS credit me?

2006-12-19 05:03:39 · 6 answers · asked by ed14790 2

The gifter and the recipient are not related, just friends and the gifter is coming into a large sum of money and wishes to give gifts of cash to family and friends.

2006-12-19 03:44:37 · 7 answers · asked by stuvwertx9 2

I've tried contacting the IRS and just seem to be going in circles. A former co-worker owes me @$3,000 from a Michigan small claims court order from over a year ago. Tried seizing property, garnishing wages, etc. and they've dropped off the face of the earth, and had no property in their name, etc. It was suggested to me to possibly have this person's tax refund(s) (federal and state) garnished but when I tried to contact the IRS, noone seems to know anything about doing this and I just seem to go in circles. Any advice or help would be appreciated.

2006-12-19 03:43:21 · 6 answers · asked by porthuronbilliam 4

Does anyone know the procedures with any banks for RAL. Serious answers only. Thanks

2006-12-19 03:32:33 · 4 answers · asked by tlnay025 3

2006-12-19 03:18:22 · 4 answers · asked by munderdue 1

I moved in with my fiance. I originally bought the house for 95, sold it for 100. After sales commission and paying off loan, I ended up with $7,000.00. Do I have to pay tax on this or do I have a certain amount of time to reinvest in another home? This was my first home so I am not sure how it works.

2006-12-19 02:38:23 · 4 answers · asked by Stacy S 2

First of all, I live in Wyoming and therefore there is no state filing; all my questions relate to federal tax information. I am married, and generally we just fiel a 1040EZ. This year, I am wondering if we should do it differently for the following reasons:

1 - We bought a house
2 - We bought 2 new vehicles
3 - We paid TONS of medical bills

I am seriously undereducated about taxes, so please tell me if these things are going to affect my tax return and how so? Also, if you know a good website that I can get some more information from that would be great!

2006-12-19 02:28:49 · 10 answers · asked by Anonymous

I just got married in September and was wondering should my husband and I change our withholding information before the end of the year or wait until the beginning of 2007.

2006-12-19 02:23:39 · 4 answers · asked by wil83 1

2006-12-19 00:38:58 · 2 answers · asked by steve r 1

I just opened a small business in May (yea!) as a sole-proprietorship. I've spent a ton on business related items to get me started. The only thing I've done with taxes is file my sales tax returns...otherwise I am CLUELESS when it comes to taxes, deductions the whole bit. Would you suggest going to an accountant for this first time around or getting a program like tax pro? I'm a resident of NH but temporarily living CA (where I pay my sales tax to)--do the computer programs account for those sort of "weird" circumstances?

2006-12-18 19:32:56 · 9 answers · asked by aroundtheom 3

what are the tax implications.

2006-12-18 16:53:40 · 6 answers · asked by LD2333 1

I CANT AFFORD TO PAY THE IRS....AND I DONT HAVE ANYTHING THEY CAN TAKE.......IS THERE ANYBODY THAT CAN HELP ME??????

2006-12-18 16:33:23 · 8 answers · asked by Anonymous

2006-12-18 15:43:27 · 5 answers · asked by vankram 1

I make custom beaded jewelry, so how do I add tax to my products and get a business tax ID so I dont get in trouble with not claiming my taxes

2006-12-18 15:34:13 · 5 answers · asked by HD 1

I understand that if an individual invests in municipal bonds, they do not have to pay federal income tax on the interest, and usually do not have to pay state income tax on the interest either. But what if a corporation buys municipal bonds, do they have to pay federal income tax on the interest? And do they have to pay state income tax on the interest?

Thank you advance for your generous help.

2006-12-18 14:31:20 · 5 answers · asked by tzs 1

2006-12-18 14:20:33 · 13 answers · asked by Army Wife 40 1

2006-12-18 13:37:15 · 6 answers · asked by green_eyes03264 1

2006-12-18 13:19:04 · 5 answers · asked by Sandy G 1

I have not filed my taxes in about 6 years... in that time i had a levy or two, but now I need to make things right. Should I call the IRS and throw myself at their mercy or visit a tax lawyer first? I don't have any documentation for those years either, and I know I would probably need it. (Example - the IRS used to double-count rent I received from rental property, and I dont have the 1099s to prove it now...)

I don't know what alternatives I have, if any, because I truly fear not getting treated fairly (I used to get audited yearly before I "checked out"). My finances, and back taxes, are a complete mess (I didn't pay on any credit cards or loans for 6 years either). I visited the CCCS about my consumer debt and have a manageable plan to pay that off, but that is not with the IRS "wildcard" and the payments I may owe to them. I have no idea where to even begin to get my financial life back in order. Where should I begin?

2006-12-18 12:30:32 · 9 answers · asked by dlbham 1

What is the EARLIEST you recieved your TAX refund check?

Thanks

2006-12-18 12:30:22 · 3 answers · asked by crazy 1