United States - December 2006

How much income or percentage can be taken if their are multiple garnishments due to several judgments? Is their a maxium percentage that can be deducted?

2006-12-02 06:36:04 · 3 answers · asked by Brad H 1

tax refund on mileage

2006-12-02 06:26:43 · 3 answers · asked by menchdotcom 1

I failed to pay taxes for years 2003, 2004. When I paid my taxes for 2005 on time (in Feb of 2006), I paid nearly 25K for backtaxes for years 2003 and 2004 including all penalties.

I am now doing my taxes for 2006, were my payments in Feb of 06 for backtaxes, of 03 and 04 , in any way deductible for 06?

Thanks,
Ryan

2006-12-02 06:08:33 · 6 answers · asked by Ryan S 1

My boyfriend had some mexicans working for him doing roofing work through a company that paid my boyfriend directly. Then my boyfriend would pay the Mexicans. This year he recieved a bill for $80,000 from the Government saying that is what he paid that year, however, most was paid to the Mexicans. He never had them fill out a w-2 form, but he said he can still do that, and still have them fill them out, does he have anytime to do that, can he still do that since he already paid them last year and it is over and done with, to show he paid them, and did not make all the money himself?

2006-12-02 05:49:58 · 2 answers · asked by Tracy L 1

2006-12-02 05:45:13 · 4 answers · asked by driv 1

2006-12-02 05:41:41 · 3 answers · asked by Anonymous

2006-12-02 05:40:55 · 9 answers · asked by Anonymous

2006-12-02 05:04:32 · 5 answers · asked by PMV 1

2006-12-02 00:48:35 · 4 answers · asked by akdmkslady 1

2006-12-01 20:33:51 · 5 answers · asked by james w 3

Assume someone sells some captial asset and realizes a short-term capital gain on 1/1/07 while living in a state with an income/STCG tax rate of 10%. On 4/1/07, they establish residence in a no-tax state (e.g. Florida). Assuming they have no other income in that year, and ignoring all deductions, etc, how much state tax is due to the first state on this gain? The full 10% or a pro-rata rate based on the time this person spent in each of the states during the calendar 2007?

2006-12-01 18:23:48 · 3 answers · asked by polyglot_1234 3

After so many years of getting a refund, I think I'm going to owe some money this year on my taxes.

Is there any instant penalties or charges in addition to the tax I owe that needs to be included in the payment?

2006-12-01 17:06:56 · 2 answers · asked by HP fan 1

We've been in our first house since Jan. I think that this year I should iteamize my taxes. I have always taken the standard deductions...which are not bad because I've got 3 kids(5 deductions total). 1) If my mortgage is approx $1,100/mo. and most of that going to interest...how much better off would I be to itemize? 2) What other things can I claim as deductions (to increase my refund)?

Thanks in advance for your help...Rob

2006-12-01 16:07:59 · 4 answers · asked by rob d 2

Am I going to be in a higher tax bracket this year and how will my return be effected this year?

2006-12-01 15:56:23 · 3 answers · asked by rascoe627 1

2006-12-01 15:37:08 · 3 answers · asked by Liz H 1

2006-12-01 14:43:29 · 7 answers · asked by TheNobleOne 1

2006-12-01 13:37:00 · 5 answers · asked by Lily 2

But I have to fill out a w-9 form, what if I am below 18 and have no income. How am I supposed to fill out an income tax form?

2006-12-01 13:34:03 · 3 answers · asked by w_xsoadx_w 2

My wife and I both have a Depepndent care plans at our jobs, I know that we are allowed to contribute up to $5000 per year into the account for daycare expenses and I also know that the IRS provides a dependent care tax credit for expenses up to $3000 per year.

Since our yearly daycare expenses are close to 10k can we use both tax saving programs to our advantage or are there any restrictions?

2006-12-01 13:23:55 · 1 answers · asked by romasuave1 2

Have any of you guys tried the fill your stocking early for xmas that H&R Block is offering if so how does it work? Thanks for any help you can give me.

2006-12-01 13:08:58 · 5 answers · asked by Anonymous

someone out there that resolved a similiar situation with some sage advice. i've been putting off the inevitable. i need to know answers to several questions: do i need an attorney if i have no assets--property, etc. if not, do i use a tax negiotator or go solo? and if i do need an attorney, what would be reasonable fee for their services. i owe approximately $40,000 to the IRS and all i have is a retirement account that i can liquidate--with a substantial penalty involved. i'm willing to pay what i owe, but not the penalties and interest because i still have to deal with california's franchise tax board bill. if they won't budge is the possibility of bankruptcy a good bargaining chip? or can it backfire with possibilty of jail time. help. i let this go because i have major medical problem (physical) that had me feeling soo bad that i thought was going cause me to die young, thereby relieving of the burden. well, i didn't die and the malady is treatable. so no lecture, just advise, pls

2006-12-01 13:07:22 · 7 answers · asked by emarr3 1

2006-12-01 12:55:59 · 3 answers · asked by C Y O A 1

These are deductions on my pay stub ,but I dont know what for. What does SIT stand for?

2006-12-01 11:42:54 · 2 answers · asked by shane 1

I need to know if this deduction is tax exempt, or if I need to deduct this money before I deduct taxes?

2006-12-01 11:02:48 · 1 answers · asked by Big Guy 1

2006-12-01 10:19:54 · 4 answers · asked by lawrence h 1

I live in Texas and the guy ive been working for has been paying me cash(he doesent take out the taxes) ive worked with him for 6 months the total came out to $5,872.50 and that im suppose to multiply by .15 which is 15% right???

well i did that and the total was $880. So is that what im suppose to pay for taxes? And do I have to pay all of it at the same time?

will i get charged more because im single and no dependents?

Where do i pay the taxes? can i pay online?

2006-12-01 10:06:14 · 3 answers · asked by -=>¿Luî§?<=-™ 4

Working for an independent contractor, they pay me 150.00 an hour with a max of 12 hours per week. How do I figure my taxes on that

2006-12-01 09:20:28 · 3 answers · asked by Loretta S 1

In CALIF. If I have a judgemnet that is more than 10 years old, and I have not registered it, can it be registered? or is it worthless?
If they moved to another county, I guess I can register it there, unless I am wasting my effort.

2006-12-01 08:37:19 · 4 answers · asked by ebiz1@sbcglobal.net 2

i moved around and lost my w-2 forms and need to file taxes for that period of time. Is there any place i can get them. SSI maybe, or do i have to call the IRS. i know tax lawyers can help but i'm trying to avoid the cost of that. thank you.

2006-12-01 08:28:06 · 2 answers · asked by Anonymous

IF someone puts you on title as a Joint Tennant with rights of survivorship, can it not be a gift. Subject to gift tax?
And is survivorship and the assuption of the whole tennancy (ownership) taxable, or is estate tax avoidable??

2006-12-01 08:09:00 · 4 answers · asked by ebiz1@sbcglobal.net 2