United States - December 2006

Heres the situation.... my ex wife and i had an agreement in the divorce decree that stated we were to have split custody of our 2 kids, {1 week with me....1 week with her}..., and for tax purposes we would each be able to claim 1 on our taxes. In real life, this has not happened... the kids have lived with me {im a single dad} for all of the year...total time spent with her would not end up to be more then a couple weeks, tops. Im also sure i could prove this to be true in court as the kids are in school, daycare, etc. Can i legally claim them both as dependents since they lived with me?

2006-12-12 13:36:27 · 8 answers · asked by Anonymous

Do I need to charge sales tax for customers who is based in other state other than New Jersey ?

2006-12-12 13:28:18 · 4 answers · asked by James L 1

is it also really true that i could actually keep all the receipts of what i buy since they're all taking taxes like 8.8% every item and use them for my income tax return???

2006-12-12 13:09:35 · 7 answers · asked by wiselady 1

2006-12-12 13:09:15 · 4 answers · asked by a bayer im himmel 1

i need to include my payments for my rent in my apartment....is this really true??? can i also file my tax and i have to include my rent payments on my apartment??? can i do that??? of course i want to get more money as much as i can.....help me please!

2006-12-12 13:06:28 · 3 answers · asked by wiselady 1

2006-12-12 12:22:07 · 4 answers · asked by gabz 1

2006-12-12 11:53:59 · 7 answers · asked by Jamus 1

i recently split with my boyfriend and am moving out of our house. he bought out my "half" and paid me in cash. unfortunately, my name was never on the title, so i've never been legally listed as co-owner of the house. i used the cash to put a down-payment on another house. in the financial papers for the mortgage company, the source of the money was listed as a "gift."

will i have to pay taxes on the cash "gift" ?

thanks in advance!

2006-12-12 11:15:54 · 6 answers · asked by buffysummers 4

i purchased a house in 1991, i moved to a new house in2004, i refinanced the first house in order to have the down payment for my new house. my son lives in the old house and pays the mortgage even though it is still in my name because he couldn't get financed to buy it. will i owe capitol gains tax when he finally is able to get financed. i'm not claiming this house when i file.

2006-12-12 11:14:48 · 5 answers · asked by jerry l 1

i need some help so could anyone please help. also if anyone knows the tax percentage of sweden and canada please tell me

2006-12-12 11:10:46 · 1 answers · asked by Bubbles 2

I started selling custom clothes and reselling clothes on eBay a few months ago. It's part time and my gross profits are under 2K. I'm married filing joint & I have heard from some people that I didn't make enough to report, while others say its mandatory. I heard the IRS is big on auditing e-businesses, but I don't even know if I'm considered a small business or not.

2006-12-12 11:07:16 · 5 answers · asked by thebuckley5 1

In other words I claimed zero on my w-4 and when I get my w-2 form back in january will I be able to get some of that money back even though my parents claim me because I live with them?? I have had this job for 10 mos. and it is a considerably large amount of money. I just would like to know if I would be able to get some of the tax money back.

2006-12-12 10:43:42 · 8 answers · asked by Bald Eagle Lover 4

2006-12-12 10:25:24 · 3 answers · asked by mtnhorizonhope 1

I moved from New York to NC in 2000, but did not work in NC, just went to school. Now I got a statement saying I owe NC taxes for that year. Do I have to pay?

2006-12-12 10:13:51 · 2 answers · asked by Anonymous

say i bought a property for 1.1 mil and sold it for 1 million...with a 100K loss, how much tax deduction is that?

2006-12-12 10:04:02 · 4 answers · asked by jade_lewis13 2

I forgot to file tax for this year, i found my envolope while i was moving! i never bother to question why i havent recv'd my money in the bank. well my question is can i file that with the one that is comming out next year january of '07? or is that money long gone?? pls help!!!!!!!!thanks in advance!

2006-12-12 09:54:23 · 4 answers · asked by Anonymous

2006-12-12 09:51:47 · 5 answers · asked by shawnp089 2

go about filing bankruptcy on my own?I would rather do it on my own instead of paying a lawyer.I dont own a home or anything else worth a lot so Im not worried about losing anything.And Im about 10,000 in debt.My only option is to file bankruptcy, Im a single mother making not much more than mininum wage and finding it impossible to get approved for anything and also my wages just started getting garnished.Im behind as it is and can not afford to pay anything towards paying my debts off. How complicated is it to go about this on my own?Please help!!!

2006-12-12 09:35:50 · 4 answers · asked by swanlbby 3

2006-12-12 09:22:17 · 8 answers · asked by shawnp089 2

Okay I asked a question earlier about having to pay use tax on International purchases on the internet, and one person did answer saying that, it's a personal asset tax where you get to decide how much of the sales tax you want to pay, etc, and lastly said that very, very, very few people actually file those because it's impossible for them to track all the purchases. And use tax to my understanding is a tax put on purchases made out of state or country. But last year I had a few out-of-state purchases, and one really tiny out of country purchase, and I didn't get anything from the IRS saying I had to pay an extra tax or anything.

So is this an optional tax?

2006-12-12 08:42:11 · 6 answers · asked by Anonymous

2006-12-12 07:56:18 · 3 answers · asked by Pretty me 1

any good Ideas?

2006-12-12 07:51:53 · 5 answers · asked by Dew 7

2006-12-12 07:40:51 · 10 answers · asked by Anonymous

I make 60K a year, and I pay 25K in interest on my mortgage every year. Does that mean that my taxable income is 35K? I file as a single. How much can I expect to get back this year? Last year I got 2K in returns, but that's before I bought a home. Thanks!

2006-12-12 07:33:29 · 7 answers · asked by sws 1

I am in debt to my father for a large sum of money that he has loaned me over the years.I know he never expected it back,but he has fallen on very hard times and is in "dire straights" to put it mildly.Can I take a loan on my house and pay him back around 45k, without he or I having to pay any "income" or other taxes.I did the math and I know I owe him more than that.I would like to repay my debt to the man without having to pay tax on money I already paid taxes on.Please...Please....Please advise me!!!!

Thank you

2006-12-12 06:01:42 · 9 answers · asked by SalemSmoker 1

Now I made 2000 in sales and profit of 800, how do I aviod self employment estimate taxes if I make even more next year? I dont want to pay taxes every quarter. So if anybody can give me a complete detail answer on ebay taxes, you will get best answer.

2006-12-12 05:40:47 · 2 answers · asked by hgary06 3

We are moving to TX where there is no state income tax, but there is a large property tax. What is the up-side of this type of tax if any? Is the property tax deductible? If so, if we make $100k and pay $7k in property tax, how should it affect us? Any help would be great. Thanks.

2006-12-12 05:35:02 · 3 answers · asked by Meg K 1

are what are the penalties if any?

2006-12-12 04:40:23 · 7 answers · asked by AKA 2

2006-12-12 04:06:33 · 8 answers · asked by fox292000 1

2006-12-12 03:56:56 · 2 answers · asked by barrelhead27 1