United States - January 2007

Can you depreciate a truck bought and sold in the same year?

2007-01-05 04:37:59 · 4 answers · asked by Anonymous

I filed my income tax return last year and owed money to the government. I have to pay it off and would like to file my 2006 return. Is it possible to file for 2006 and have the government deduct whatever payment is owed for 2005?

2007-01-05 04:32:38 · 2 answers · asked by Shawn J 2

If I didn't work in 2006 but worked the following year can I still file for earned income or child tax credit?

2007-01-05 04:29:13 · 4 answers · asked by ? 3

2007-01-05 04:08:38 · 4 answers · asked by STARS 3

I have heard that we can get back 3,000 dollars this year from 2003 when we file our taxes.

2007-01-05 04:00:22 · 4 answers · asked by PENNY B 1

I'm the court appointed personal administrator for my Mother's estate.

2007-01-05 03:32:15 · 3 answers · asked by tigerlily859_2005 1

I made 20000 last year, do I qualify for receiving the child tax credit? How does that work? I have one child and do qualify for the EIC. Oh,and on the 1040 line 46, do i write what's on line 43 if i don't have anything on 44 and 45? Any free tax advice would be nice

2007-01-05 03:29:25 · 4 answers · asked by Momin2005 1

I have heard that the government gives you money at the end of tax season for having a child providing that you worked that taxed year.

2007-01-05 03:15:53 · 9 answers · asked by Anonymous

I know the IRS form 8332 is for non-custodial parent to claim exemption, but I have a shared custody situation and since my ex-wife is unable/unwilling to help pay for school tuition which she agreed to pay 1/2 of, I want her to legally give me the right to claim both children instead of 1 child.

2007-01-05 02:57:09 · 3 answers · asked by archimedes_crew 3

2007-01-05 02:38:25 · 1 answers · asked by montnana neal 1

I just recently bought a honda civic hybrid and the dealership said i could have $2,000 tax credit. i want to know if i will for sure get the 2 grand back. THanks!

2007-01-05 02:35:35 · 4 answers · asked by bea_ednave 1

I want to claim all 3 of my children on my tax retrn this year since my husband and I have been seperated for 2 years but not yeat divorced. But, he says that since his child suport is based on him claiming 2 and me only claiming one, I have no right. Now, I was reading that I have to actually sign a gov form that reliquishes my rights to the exceptions before he can take them-which I have not- but I do have a paper from my lawyer to his that states that if he pays X dollars (which he does) than he can claim 2. This paper is not a legally filed document, just a negotiation, but I want to know if it constitutes me haven given up my rights to claim all 3 exceptions-or do I still have the right since I never signed the offical form...can anyone help?

2007-01-05 02:26:22 · 3 answers · asked by ajappe 1

My husband and i have been separated half the year. We have two kids. Should i choose...married but separate or head of household (i made more than him) Which would benefit me and the kids? Thanks....

2007-01-05 02:25:21 · 2 answers · asked by brwn_id_grl_4u 1

2007-01-05 02:24:16 · 3 answers · asked by Rizz 1

I WORKED FULL TIME IN 2006 AND AM GOING TO PART TIME IN 2007 AND BETWEEN MY HUSBAND AND ME WE MADE TOO MUCH FOR EIC BUT IF I CAN SAVE THIS YEARS RETURN TILL NEXT YEAR AND FILE WITH 2007, WE'LL GET MORE MONEY BACK THIS YEAR

2007-01-05 02:20:48 · 4 answers · asked by amanda b 1

Where can I find info on what can be considered a qualified withdrawal from a college savings account?

2007-01-05 02:17:47 · 7 answers · asked by Sivan S 1

2007-01-05 01:55:29 · 3 answers · asked by Amanda F 1

2007-01-05 00:31:46 · 7 answers · asked by sassyone_36 1

He has full custody and they have lived with us for over the past 2 years, however i did not claim them last year. I have been their main provider for 2006 as their father has not worked, and their mother does not pay support, and hardly ever visits them (she sees them maybe one night every 6 or weeks).

2007-01-05 00:22:04 · 9 answers · asked by christina_victoria2002 3

for Kansas ? I know they used to take 7% from your check is it still the same ?

2007-01-04 22:10:16 · 2 answers · asked by Anonymous

When you make a contribution to a charity in the name of a deseased person are you able to claim that on your taxes? It is a donation to some extent isnt it?

2007-01-04 20:56:33 · 3 answers · asked by prettygirl_80650 3

Hi... I never filed my 2005 Tax return. Long story why..I was misinformed..anyways.... In 2005 I was claimed as a dependent and according to my 1040-EZ I owe the IRS $303. But thtas only if I would have paid them by April 2006.... Does anyone know any idea how much the penalties will cost me for filing late?

2007-01-04 20:28:56 · 5 answers · asked by Terry J 2

...that states that the Federal Reserve is a legal & constitutional organization that I MUST pay taxes to?

SHOW ME THE LAW!

2007-01-04 20:00:44 · 8 answers · asked by Snitter 8 2

Is it Dec 15 or Dec 31? I need to adjust my 401 (K) contributions for the 2007 fiscal year but am not sure which fiscal year my next paycheck will fall under (I will be paid on Jan 10 for work done between dec 15-31)

2007-01-04 18:57:03 · 4 answers · asked by rnr 2

2007-01-04 18:09:41 · 5 answers · asked by Cortney B 2

In 2004, i and my wife filed joint returns. we are to be divorced on jan 22, 2006. i found out that few deductions were not made in the 2004 return. Can i file a amended return for 04 as a single or married but filing separately?

2007-01-04 17:43:54 · 9 answers · asked by ? 1

I started a business 6 years ago and didnt do much bookkeeping then. I used an inheritance for funding but, according to my new office manager, apparently never made any real profit - just spent the inheritance. I closed in 2006 with no revenue and lots of expenses. I still have expenses related to the business. Now I have a full time employee job and taxes withheld. With good records and real expenses, can my business loss offset my current tax liability if I show no income or losses for the prior 5 years?

2007-01-04 17:37:37 · 5 answers · asked by Anonymous

Should I? We share a home, I own it. His name is not on it. The house is in SC. Does that make a difference? Thanks.

2007-01-04 17:25:08 · 8 answers · asked by TygerLily 4

My brother-in-law got paid today (2007) for his last week he worked in December of 2006. His employer put on his paytub something about end of year (2006) earnings. Which included this paycheck he got today. If this is suppose to be for 2007, where can I read (forum, website, etc) Anywhere I can print out proof that it should not reflect the 2006 year but reflect the 2007 year. Someone please help me as soon as possible. Thank you.

2007-01-04 16:59:15 · 6 answers · asked by Traci H. 1

Worked under 1099. The first pay check was manual check from the company I worked for, and the rest from the company's payroll company. I'm trying to computer my 2006 estimated tax to send it out before 1/16/07 deadline.
My problem is on the final paycheck stub, the payroll company did NOT include the amount I was paid for by the manual check, and I was told by the company I worked for that I can just use the number on my final paycheck stub to figure out my Estimated Tax.
This number does not include the 1st pay, manual check.

I think the payroll company probably has reported IRS whatever the number was on my final paycheck stub which doesn't include the amount on the manual check.

What do I do? Do I use the number on the final paycheck stub OR
add the amount of manual check to the number to figure out my 2006 estimated tax?

2007-01-04 16:57:35 · 8 answers · asked by simplyme 1