United States - January 2007

2007-01-26 11:09:28 · 4 answers · asked by Anonymous

2007-01-26 11:08:47 · 4 answers · asked by Anonymous

My Girlfriend has been supporting me for the last 6 months I made less than 3000 in 2006 can she claim me as a dependant?

2007-01-26 11:06:02 · 2 answers · asked by kiki 2

I'm trying to figure out if I should file a 1040EZ, or if I have enough deductions to itemize. I know there is a built in deduction for the 1040EZ, does anybody know if it's a set percentage of income, or exactly what determines the set deduction amount?

2007-01-26 11:00:32 · 1 answers · asked by someguy 3

2007-01-26 10:57:38 · 5 answers · asked by Richard M 1

I am currently paying on 2 cars. Can I claim the interest on my return? If so how?

Thanks

2007-01-26 10:55:14 · 7 answers · asked by kat 1

If a boyfriend and a girlfriend with kids, live together, can the pay taxes together or separate?

2007-01-26 10:50:22 · 2 answers · asked by Mylo 2

I'm 20yrs old, a dependant, and a full-time student in NY. I am currently making $7600 but will soon be making around $10000. I wanted to know if i'm suppose to file taxes or can i just wait until i'm no longer a dependant to file?

2007-01-26 10:47:48 · 4 answers · asked by Anonymous

I am filing a joint married return that I made all the income. My wife owes back cild support. Am I going to have to pay half with my return because I live in a community property state? She has been making payments for the past two years.

2007-01-26 10:46:35 · 4 answers · asked by Anonymous

i have 2 kids and im not married. i worked this year but not too much it was a temp job.also my cars tranny went so i am needing to buy another car.has anyone done their taxes yes and recived the earned income tax credit? how much could i expect to recive?thanks!!

2007-01-26 10:44:15 · 4 answers · asked by Anonymous

2007-01-26 10:41:19 · 7 answers · asked by bella 1

ok, so i just started making and selling jewlery from my home in 2006. I have been to a few craft fair type shows to sell my wares. My question is: Can i deduct the amount i spent to make the jewlery from my taxes? I do not have a business liscence.

2007-01-26 10:37:51 · 1 answers · asked by pony30189 1

I just had my taxes done for the year, but I forgot that I have another tax return that I haven't recieved yet. My taxes have been filed already. Is it possible to add that on when I recieve it?

2007-01-26 10:35:08 · 1 answers · asked by Ron's wife 3

2007-01-26 10:33:29 · 5 answers · asked by jimbobob 4

just wondering - if there are any accountants. When i do my taxes this year i pay $306.00 a month for private school tuition? I live in texas and my son is in elementary. Thanks

2007-01-26 10:22:15 · 5 answers · asked by missy_grneyz 2

2007-01-26 10:19:58 · 9 answers · asked by Anonymous

ok so i need my w2 form or really forms because i worked at two different places during this past year. I need these quick because the FAFSA deadline is on valentine's day and its already going to be february. is there any way that i can find out where it is or why i haven't received it yet.

2007-01-26 10:12:28 · 7 answers · asked by Random guy number 1988 3

however, he owned a house that I paid for, two questions

1.- The house was sold within two years of ownership (limitation for profit on a house) he did not buy another property, does he have to pay taxes on that money? If so, sonce he does not file tax returns, how would he?

2.- Sine I paid for the house what happens to the interest paid on that house, who can claim it? He doesn't file taxes and my name is not on the mortgage?

2007-01-26 10:00:25 · 5 answers · asked by Mick R 2

So, will I have to pay the $1000 or the one half of self employment tax? ($500)
and will this $500 effect my EIC?

2007-01-26 09:59:57 · 3 answers · asked by Ashley 2

First of all, I would appreciate it if I can hear from a CPA or Tax expert on this.

I am guilty of not filing my 2005 taxes. The good news is I have a nice refund coming and do not owe money.

I am about to file and would like to know:

1. Will there be a penalty on my refund, and if so what can I expect?

2. Since I will be sending my forms through the mail, do I need to include a letter of some sort or even contact the IRS prior to sending them out OR do I just mail them in??

Thanks.

2007-01-26 09:57:05 · 4 answers · asked by Enlightenme! 2

I recieved $1200.00 in long term disability this year, and also social security disability benefits. Do I have to file this year?

2007-01-26 09:49:40 · 4 answers · asked by mazey1967 2

whats the best way on filing on tax retures?

2007-01-26 09:45:12 · 5 answers · asked by yukmouth 6

2007-01-26 09:40:12 · 7 answers · asked by freckles 1

Sould we split the interest or have just one of us claim it? Are there anyother issues related to this that I should be aware of?

2007-01-26 09:36:52 · 7 answers · asked by Jason R 1

To save on my US tax return
If I invest say 4000 in IRA now, than I get a deduction of same amount in my tax returns. So effectively as per my tax bracket I save {15% federal and 6% state tax = 21% total saving which will be around $800 savings}..

Now assume I go back to my country and break the IRA in some year when my USA income is zero. So I pay no income tax since I will fall under the limit of {standard deduction + exemption}.
The only thing I pay is 10% penalty which will be around $400.

So effectively I saved $800 - $400 = $400 by investing in to IRA and breaking it when going back.

So my question is that is this calculation correct ?? or
I will not save this amount ??

Pls advice. ??

2007-01-26 09:15:56 · 2 answers · asked by amit_L 2

2007-01-26 09:14:55 · 6 answers · asked by Jason R 1

I will be receiving a number of financial gifts over the next few years and am wondering if a gift given today (or in Feb/March?) would still be eligible for the 2006 tax year.

Much as with an IRA you can contribute money in early 2007 to reduce your 2006 income, can you use this same strategy for financial gifts?...have a gift of $10,000 today be counted towards that person's gift limit to me for 2006?

2007-01-26 09:01:32 · 9 answers · asked by Pigg 1

i am attempting to file taxes but don't know the ein number for sandia heating and plumbing in bernalillo nm....didn't want to wait till w-2's to file

2007-01-26 08:57:42 · 4 answers · asked by GLENDA P 1

Made about $75,000 last year between my husband and I.

2007-01-26 08:57:07 · 6 answers · asked by Anonymous

2007-01-26 08:47:48 · 4 answers · asked by Kea 1