English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

United States - January 2007

[Selected]: All categories Business & Finance Taxes United States

my income for 2006 was $ 33,458.16.
taxes withheld: federal $ 2,379.60
Masasachsetts: $ 455.71.
married,retired filing separetely, therefore unable to file itemizing deductions...any help will be appreciated

2007-01-29 11:34:50 · 3 answers · asked by Anonymous

i am a college student and last year i worked at two jobs. my rough estimate for my income is around 9,500 to $10,000.


how much will i roughly get back? thanks!!! :)

2007-01-29 11:31:59 · 2 answers · asked by Anonymous

I received $200 in hobby income (I created t-shirts using Cafepress.com and sold them), and I turned around and gave the $200 to charity. I take the standard deduction, so I won't be claiming the charity. But does the $200 income I received need to be reported on my 1040?
Thanks.

2007-01-29 11:16:56 · 2 answers · asked by Anonymous

I worked for a company from June 05 to June 06. I did a lot of car repairs, becuz my car kept breaking down. How can I use this vehicle expenses on my tax. Or can I not.

2007-01-29 11:13:09 · 3 answers · asked by Tso 1

Do we 1) include her $6000 income and withholdings on our return?, or 2) have her do her own separate return for her $6000 income and withholdings? Is option-2 correct?

Thanks!!

2007-01-29 11:01:44 · 8 answers · asked by Anonymous

Assume I helped someone prior to forclosure and gave 30K to them and added my name to title so they coud get out of forclosure status. In the contract agreement I state if they do not make payments I have right to take over currrent mtg. and sell the property. What are my taxes based on in this situation? They owe 900,000 in mtg combined plus my 30K and assuming I sell this house for 1.2mil after a few changes and upgrades to the property. Will I be taxed on the difference of 300K? or am I wrong in this tax consequence. I never intended on owning this property, but I do now. please advise. property is in ca.

2007-01-29 10:59:01 · 1 answers · asked by ptrip6 1

I pay my health care premiums out of my own pay check. In other words I get paid then my employer subtracts my premium from my paycheck. can I deduct these premiums from my taxes?

2007-01-29 10:58:54 · 3 answers · asked by I drive fire trucks 3

My live-in fiance claimed head of household on his taxes and claimed me as a dependent. I am actually head of household and pay all the bills and rent without assistance from him. I believe I should be able to claim him as a dependent and claim head of household myself. I do not want to get either of us in trouble, but he is getting a large tax return because he filed this claim instead of me. Does anyone know a solution to this situation. Can I claim head of household too and see what happens? Please help, as I think this situation is unfair. Should he get to reap all the benefits because he beat me to the punch?

2007-01-29 10:55:59 · 4 answers · asked by Britt I 1

If my girlfriend and I purchased a home together in 2006 then who claims the interest on the mortgage on their income taxes since we file seperately not being married yet? I assume that we both dont claim it since it can only be claimed once and I assume by only one person?! please let me know

2007-01-29 10:41:29 · 1 answers · asked by Steve K 2

I was a resident of CA for whole of 2006, but my wife was part year IN resident, before she moved to CA permanently. For our tax purpose, can we file a joint Federal return, but individual state tax returns?

2007-01-29 10:28:06 · 2 answers · asked by sid_earth 1

If a parent gifts their child $200,000 in one year, is any tax owed by the child?

2007-01-29 10:23:58 · 4 answers · asked by Anonymous

Before I head off to the tax preparer I would like to go with a rough idea of what we should be expecting.

We are as Married filing Jointly.
We have one child.

gross income $34,032
Federal Tax $682.67
Social Sec. $2,109.95
Medicare tax $493.51

we also cashed in our 401k early

gross cash in $ 974.77
Federal Tax $ 194.96

Can you tell me if we would be getting back if so how much and if I owe how much do I gotta fork up?

Thanks

2007-01-29 10:23:29 · 3 answers · asked by Anonymous

I just got a W-@ from 2 different jobs. I'm filing online ona free site. I've entered a W-2 form for each job, but now I have to do a 1040. Do I do a seperate 1040 for each job or do i just combine numbers from both jobs on one form?

2007-01-29 10:22:41 · 12 answers · asked by therealaone 1

I have filed, but have not recieved my refunds through the mail.

2007-01-29 10:15:17 · 6 answers · asked by bhite278 1

The reason I ask this is because we REALLY need the money right now because I am unemployed at the present time due to a sickness. The early withdrawal was for $18,000 and we paid some federal taxes($3700)already. I was just wanting to know if it would be caught right away, and what would happen, or if we would ever get caught? Thanks for replying

2007-01-29 10:10:31 · 13 answers · asked by ScLaDy 1

2007-01-29 09:53:31 · 4 answers · asked by John L 1

Ideally the list would have their name, address and phone #

Thanks for your help !

2007-01-29 09:44:35 · 3 answers · asked by Joe G 1

My parents got divorced in 1986. My father didn't file his taxes from 1987 until 1993. He has been living overseas since. Every year, my mom keeps getting tax notices saying her ex-husband owns money to the IRS. My dad can't afford to pay this money now. Am I liable to pay for it? What about if he dies, am I liable? Does anyone know? Would that affect me in the future if I want to apply for a loan?Please let me know. Thank you.

2007-01-29 09:43:35 · 2 answers · asked by pisces81blue 2

5 yrs ago this guy i know gf left him on christmas day.. they filed taxes together.. and he claimed her and their 2 kids .. he was the only one working.. the promblem is when he cashed the check it cashed it at check cashing place...they only took his signature and not both of them ... she was not with him when he cashed it.. it has been 4 yrs and she keep threaten to put him in jail .. is there a statue of limitation on this .. does any one know of a web site that would have the info

2007-01-29 09:40:40 · 5 answers · asked by ? 5

2007-01-29 09:38:07 · 4 answers · asked by pettygoesracin 2

Okay, I am a high school student that works at one of the school cafeterias and i need to know how to fill out a W-4 Tax Form and this is my first time to do anything like this, does anyone know how to fill it out?

2007-01-29 09:35:37 · 4 answers · asked by nicole w 1

i was fiddling around on taxact.com and i think the way i understood it was that even though i couldnt claim my son as a dependent that i would still qualify for the earned income credit,am i misunderstanding?

2007-01-29 09:34:18 · 3 answers · asked by â?¥ Chrissy â?¥ 2

fedest.com, questions and answers