United States - December 2006

2006-12-28 11:10:07 · 2 answers · asked by labeba2520 1

can i file an income tax return without a w2 form?

2006-12-28 11:08:32 · 6 answers · asked by lorlormaro 1

Nobody should be except from paying property taxes. They reap the benefits when the property value goes up, so they should pay the taxes like everybody else. If Churches don't pay taxes, then neither should bars. I get more value from the bar than the church.

2006-12-28 10:36:55 · 8 answers · asked by ? 3

I'm interested in tax-deductable donations. I used to think that you could just reduce the amount you donated from your taxes due. (For instance, if I donated $50 to a charity, and I owed $500 in taxes that year, my tax bill would be reduced to $450). But from what I'm reading now, it looks like your donation is subtracted from your adjusted gross income. That lowers your income for the year, and so lowers your tax rate. But this doesn't work out nearly as beneficial as I thought. As a rough estimate, it looks like a $100 dollar donation would lower my bracket to the point where I would only save about $20 on my taxes. Do I have it right?

2006-12-28 10:35:19 · 8 answers · asked by mattloaf1 2

Last semester I took a real estate class at the local college and the teacher discussed some people buying real estate as an investment and for a tax deduction. I run a small business unrelated to real estate but recently purchased a $40K home as a project/fixer-upper. I am unsure whether I will live in it after it is done or sell it. I currently live with my parents. Both the home and I are in Illinois and I paid cash for the house.

2006-12-28 10:33:53 · 5 answers · asked by jeepsusa82 1

I understand that I am required to report gambling winnings and that I am allowed to deduct gambling losses. But I do I determine gambling losses? Specifically, if over the course of a year I fund an online poker account with $3,000, cash out winnings for $5,000, and have $1,000 remaining in my account, can I deduct $3,000 in losses or am I limited to $2,000 in losses?

2006-12-28 10:01:20 · 5 answers · asked by Jason 2

2006-12-28 09:59:41 · 5 answers · asked by snowrose54 1

Asuming your Corp intends to resell the vehicle immediatley in 07 will the title transfer need to be finallized before year end or can you hold the title open until the vehicle is resold to avoid sales tax and still take the lump sum deduction for 06.

2006-12-28 09:58:44 · 2 answers · asked by Anonymous

owe over $25000.00

2006-12-28 09:41:21 · 2 answers · asked by Anonymous

Ok so i worked part time at fed-ex through about half the year, maybe a little more.

How do you know if you have to file for income tax ? isnt there something about if you dont make so much then you dont have to file ?

im just thinking that if my mom claims me we would get more money back than i would if i filed.

2006-12-28 08:49:01 · 9 answers · asked by etreum_rlt 1

2006-12-28 07:44:56 · 2 answers · asked by sbrow 1

how much can a parent can put in education fund in a tax year?

2006-12-28 07:39:04 · 1 answers · asked by chinu 1

Single tax filer in San Francisco; first-time buyer; assume 10 percent down and competitive mortgage interest-rate loan at today's rates. Also, would condo association fees be deductable?

2006-12-28 07:10:34 · 2 answers · asked by Jeremy D 1

Say I sell a share for loss(eg. $100) What if I rebuy it next moment and sell it in a minute, but now on profit(say $200). Will I have to pay tax on my full gain?
Talking about this example will I pay taxes on
a) $200,
b) $100 i.e. $200 - $100 = $100
Please advice.
Thanks in Advance

2006-12-28 06:56:53 · 2 answers · asked by AA 2

Im new to the taxes thing, and i need the money. Can i request w2's so that i can go to h&r block and get it over with?

2006-12-28 06:50:27 · 5 answers · asked by Meeowf 3

I have a 21yr. old college student, who resides with me and has a Work-Study program job on campus while attending classes. Can I claim him on my 2006 IRS income tax return as one of my dependants?

2006-12-28 06:41:59 · 6 answers · asked by Anonymous

taxes or 2007

2006-12-28 06:20:57 · 6 answers · asked by You may be right 7

When calculating income levels for medical, or other government healthcare support a pregnant woman is counted as 2 people.

Does this rule apply in general when preparing income taxes?
Is a pregnant woman considered as 2 individuals (e.g. +1 more dependent)?

Thank you

2006-12-28 06:14:06 · 8 answers · asked by Sasi 2

I had $300 and some odd dollars owed on my taxes last year and hadn't paid them. I know there will be a penalty but how can I find out what I currently owe when the IRS hasn't sent anything regarding this.

2006-12-28 06:01:56 · 5 answers · asked by burny 2

the 16th of january or the 1st?

2006-12-28 05:25:38 · 4 answers · asked by Anonymous

I got married in July. I'm putting down married joint with 0 allowances for my 2007 w-4. The IRS advises that in our financial position we should withhold an additional amount in our paychecks. I'm not so excited about giving the government a free loan that won't be paid back for 16 months. Any thoughts on this?

2006-12-28 05:23:27 · 5 answers · asked by EJ 2

How to get Tax return ? I have been working for over a year and I pay school tuition and have many other receipts...

I mean 1)what are the requirements to be eligible to get it ,2)what papers should I prepare and 3)who should I contact to do it for me or should i do it myself? 4)What are the expenses for which I can ask for some tax return?

Thank you

2006-12-28 04:51:32 · 5 answers · asked by Anonymous

i need help please help
how do i find out taxes adding or multiplying
and
i will give good points

2006-12-28 04:40:53 · 2 answers · asked by Anonymous

I’m not a smoker or anything, but I feel that they reasons they give for raising taxes on cigarettes would work on beer.

Examples:
It would stop kids from developing bad habits.
It would create extra funds for schools.
It would better for current users’ health

I also wonder they there aren’t big TV commercials like “The Truth” (that bash smoking) for beer. I never hear about anybody (like M.A.D.D.) trying to make a movement like this.

2006-12-28 04:30:31 · 8 answers · asked by MissLady 1

2006-12-28 04:01:52 · 7 answers · asked by mattdrew2002 2

2006-12-28 03:55:30 · 1 answers · asked by meraz19 1

Is this legal? How to do it?

2006-12-28 03:42:56 · 15 answers · asked by lululala 2

2006-12-28 03:17:18 · 3 answers · asked by preciousstar 1

so i can study in details thanks for your answers. I want specifically for florida state

2006-12-28 02:55:56 · 6 answers · asked by us tax 1

2006-12-28 02:37:32 · 9 answers · asked by us tax 1