United States - January 2007

Can they or will they still take your federal income tax refund although you have already set up payment arrangements with them and are paying on time as agreed upon through arrangements set up through a bankruptcy????

2007-01-04 09:38:59 · 3 answers · asked by egg_sammash 5

This year i had to get many repairs done to my car i waisted more money than what my car is worth now. But I really was wondering this because some one had told me about it But i really didn't believe them.

2007-01-04 09:37:33 · 2 answers · asked by JESS 2

2007-01-04 09:20:00 · 5 answers · asked by Anonymous

2007-01-04 09:11:33 · 7 answers · asked by dusjesmom 2

We were told last year that we had to pay $5000.00 in interest before we claimed it on our taxes. Is this right?

2007-01-04 09:10:39 · 5 answers · asked by Lori F 1

If so what if I put all innaccurate info will I get busted?

2007-01-04 08:57:00 · 14 answers · asked by kevin m 4

2007-01-04 08:51:48 · 5 answers · asked by mandypants2006 2

2007-01-04 08:38:20 · 8 answers · asked by dianemiller 1

Some one has been using my sons social security number on their Taxes .I callled the IRS .....a lady told me that there was no way that she could give out information on whos been using my sons social security number. Is that in fact the case? what can or should i do if anything to prevent this from happening anymore?who should i contact? cause it certainly isnt the IRS.

2007-01-04 08:30:55 · 3 answers · asked by Lee 1

Ok, here's the deal:

1. I will receive a 1099-Misc for $3,000 from organization X.

2. Throughout the year I received 3 $95 honoraria payments from organization Y, which I am not sure whether I will receive a 1099-Misc from.

3. I received a one time $200 service compensation from oraganization Z, which I am not sure whether I will receive a 1099-Misc from.

Note: Income from organization X will be declared on Schedule C of my 1040.

Questions:
1. Do I have to report income from organization Y and Z on Schedule C if I receive 1099-Miscs, eventhough, they are both less than $600?

2. If I don't receive 1099-Miscs, do I report the income from organization Y and Z on Schedule C?

2007-01-04 08:18:59 · 7 answers · asked by bmadrid79 1

I'm sixteen and I have been working for about 8 months. I know I get something back from taxes but I don't know what taxes we get back and how much.

2007-01-04 08:09:34 · 7 answers · asked by Anonymous

2007-01-04 07:50:22 · 5 answers · asked by meranda c 1

2007-01-04 07:47:45 · 6 answers · asked by Anonymous

My niece's (19) husband (19) works for his stepdad as 1099 and was paid cash all last year. He never paid any taxes and he made roughly 20K. They have a new baby (reason for marriage). I am concerned that they haven't paid anything. They said that they spoke to a tax preparer and he said that this isn't a problem. Is this true? I thought that you had to estimate and pay taxes quarterly. These are know-it-all teenagers and I'm afraid that they are going to learn another hard lesson.

2007-01-04 07:13:10 · 8 answers · asked by Saved! 2

im trying to do my taxes myself, wondering if the refund we got last Jan. counts as income for last year

2007-01-04 06:49:54 · 16 answers · asked by Kristine R 4

2 almost 3 months behind on house payment and 2 months on credit cards, current on $18,000 vehicle, owe $70000.00 on a 120,000.00 house 1st lien is 45,000 and 2nd is 25,000

2007-01-04 06:30:22 · 5 answers · asked by moose 1

2007-01-04 06:26:02 · 13 answers · asked by Rachael 2

I owe the IRS about 900 dollars. I am an account manager (inside Sales). I have always just went to H&R Block and had my taxes done. I need to know what I can itemize. Is there any secrets to help bring my balance down.

2007-01-04 06:24:15 · 5 answers · asked by Justin B 2

If the only income a person has is around ten thousand dollars from bank interest, would that person have to declare and file and be liable for tax?

2007-01-04 06:21:46 · 8 answers · asked by David M 3

We felt we were overpaying on our taxes for years. Our neighbor has a very similar house and his taxes were substantially less. We grieved it several times using his house as a comp and were denied. On the county's website it showed us that our house's sq. footage was off by 300 sq. ft. The county said it was a clerical error and that it will be fixed for the future tax rolls but, for what we already paid, they can do nothing. Anything we can do? Thanx.

2007-01-04 06:06:58 · 9 answers · asked by WKokiadis 2

I am 36 years old, I have been gainfully employed making $150k plus per year for the past 11 years and I have never filed taxes, I am a W2 employee, and taxes get taken out of my on a monthy basis, what should I do?

2007-01-04 06:05:53 · 15 answers · asked by Dave 2

2007-01-04 05:47:19 · 10 answers · asked by reddot_coa 2

My wife and I recently get married at the end of December of 2006. She doesn't work yet. Can I claim her as dependent for the 2006 tax year?

2007-01-04 05:19:07 · 10 answers · asked by heavyd 1

Hi, I changed jobs in the year 2006. So Do I have to file 2 separate tax returns for my two employers? If yes, Can I claim a standard deduction on one tax return and a itemized deduction on the other?
Any information on this will be appreciated
Thanks

2007-01-04 05:00:09 · 9 answers · asked by ASN 1

I signed up for a dependent care FSA this year. The total amount available per calendar year is $5000.00 and I chose the whole amount. I get paid weekly, so, I have $96.15 taken out of each paycheck.

My son's daycare is $145 per week. I know that I will use the $5000 prior to year end so am not worried about "using it or losing it". However, I was wondering if this is a good plan and how it will affect my child tax credits when I do my tax return next year? Also want to know if this account can also be used for my son's medical prescriptions & Dr. visits? I heard that you may not be able to if you have only a dependent care plan set up.

Do you ultimately feel the FSA is a good advantage and why?

Thanks

2007-01-04 04:55:52 · 4 answers · asked by Singthing 4

My husband has been on workmans comp since june 8,2006, we are filing married seperatly, can I claim him?

2007-01-04 04:32:16 · 3 answers · asked by juliette w 1

I need to know what the difference between your Adjusted Gross Income and your actual gross income that you made. If someone could please explain that difference to me, I would be most grateful.

2007-01-04 04:03:47 · 6 answers · asked by shleb_express 2

husband is on unemployment?

2007-01-04 03:16:48 · 4 answers · asked by Anonymous

2007-01-04 02:55:41 · 2 answers · asked by Support Breast Cancer Research 4

i went on h&r block just to do the estimation calculator, when i put me and my husband together with our two kids, maxed out the child care amount (2500) a piece, included an estimate on our mortgage taxes, we bought our house in september and we were only estimated to get a little over 2200 dollars but if i file head of household with the two kids, the child care, plus the two months of mortgage taxes i came out estimated at a little over 5300 dollars...what's the deal i thought being married helped you out on taxes...neither me or my husband make over 30k a year but it seems like the working man get no breaks at all?...am i missing out on something?

2007-01-04 02:40:30 · 7 answers · asked by tythegemini 2