United States - January 2007

2007-01-23 10:48:52 · 9 answers · asked by salsaandi 1

I think I may have made a major mistake on my taxes by accident and just realized it.

I e-file my taxes each year and use the "Free File" program. In 2005, I used a different program than 2004, but this year Turbotax was offering a better deal so I went back to them.

Because I had used them in the past, they had my 2004 return on file..I was just looking at it and discovered that I claimed the Hope Credit...I totally forgot and claimed it in 2005.

All the tax forms say is that you can't claim both the Hope and Lifetime Learning credits in the same year....but I thought the Hope credit was a one time deal.

Last year I filed my return and it was accepted by the IRS without a problem, so maybe I'm wrong.

Please someone with experience shed some light on this for me! If am wrong, can they hold my refund this year, can be charged fines or go to jail? Thank you

2007-01-23 10:47:09 · 3 answers · asked by Anonymous

2007-01-23 10:19:27 · 2 answers · asked by cj252jr 1

If she does this (claim me and claims head of household) can i still d it? I made only $3,500 in 2006 and i am a student (i am 17). So shouldn't i be able to file and get most, if not all my money black (of coarse not SS). I was just wondering bc she is worried that it will mess up her taxes. If u answer please link me so i can be sure.

2007-01-23 10:15:03 · 7 answers · asked by Anonymous

you get a w2 sort of for college and you get actual w2's for jobs but do you get any for child support?

2007-01-23 10:06:07 · 7 answers · asked by Tiffy 2

2007-01-23 09:59:21 · 4 answers · asked by BILLY JOHNS 1

2007-01-23 09:52:10 · 4 answers · asked by confused!!! 1

This will be my first year filing taxes in the state of IL. I am currently not enrolled into college but I worked part-time this past year and I earned about $4700. Is there anything I need to be aware of that can help benefit me or perhaps even something I need to be cautious about?

Also, I am not sure weather or not my parents claim me as a dependent or independent as I live at home and am unsure on how that will effect either mine or my parents taxes.

If my parents claim me as a dependent/indepenent how much money will benefit them?

If I claim myself as an independent/dependent how much money will benefit me?

Thanks!

2007-01-23 09:47:27 · 7 answers · asked by Tania B 1

does it come along with a federal one? do you need to do both? can you do them together? when one speaks of DOING THEIR TAXES, is this both state AND federal, or is it just federal. are they both due by april 15?

2007-01-23 09:44:33 · 5 answers · asked by Anonymous

I files my taxes and found out that my child was already claimed by someone else. The tax preparationer said that they had no idea.

2007-01-23 09:41:08 · 5 answers · asked by kristinawlsn 1

Hello. I lost my job 1+ months ago and am now thinking of tapping into my IRA. Aside from the bank's penalty fee, what are the tax implications of doing this? I know I can get X amount out and if I return it (in full!) before 12/31 the IRS won't tax me. But what about if I withdraw the money (without the bank withholding)? How much should I set aside for taxes if I am not able to return the amount in full? Is this Federal and State or just Federal? Please, advise.

2007-01-23 09:35:43 · 3 answers · asked by zaxxon 3

2007-01-23 09:22:38 · 6 answers · asked by curious 2

i lost checkstub for december and need some help gettin to where i need to go to get to look at my w2 info

2007-01-23 09:19:54 · 4 answers · asked by kim p 1

My tax was about 7,000 to 8,000 and i have one child will I get anything back or how does that work. I just started to work for the past 8 months so I really didnt make much.

2007-01-23 09:19:51 · 5 answers · asked by lala 1

would someone please answer this math problem find the lcm of the numbers 6 an 16

2007-01-23 09:18:56 · 3 answers · asked by D S 1

2007-01-23 09:17:36 · 4 answers · asked by step b 3

In 2006 I was gonna start working for an insurance company but early on january I took a position somewhere else, now i received a W-9 saying that i earned 7500 as a statutory employee. I never received that money or even earned it. What can I do? I don't wanna pay taxes on that amt I never even received. Does anybody know, reallly really would apreciate it. Thanks

2007-01-23 09:14:08 · 3 answers · asked by Dominicanus 4

I am new to this, so when I was filing for my returns on turbotax, I noticed that when I was done filing for my federal returns, that sum of money went significantly smaller when I started my state returns. Does this mean that I am getting that amount back or am I getting 2 separate refunds, a state and federal? (Please, no smart a$$ comments, I just need someone nice to help me)

2007-01-23 09:13:25 · 3 answers · asked by chef4disney 2

Taxes-returns,credited and listed on Avon statements

2007-01-23 09:12:48 · 1 answers · asked by Avonlady 1

2007-01-23 09:11:13 · 2 answers · asked by dizzy22 3

2007-01-23 09:09:38 · 5 answers · asked by nick 1

4838 in wages
123.98 in state income tax
225 in fedral tax withheld
57.03 in medicare tax withheld
300. College books
3364.50 in tution

Approximatly how much am I going to get back?

2007-01-23 09:01:05 · 4 answers · asked by flying_babyb 2

an ex-coworker from my previous job said that the company wants to write them a request for my w2. don't they have to send me my w2?

2007-01-23 08:53:28 · 14 answers · asked by appliance.outlet 2

I'm a former student and have 3 W-2 forms, need some help with certain forms.

2007-01-23 08:45:21 · 5 answers · asked by Pizzle 2

2007-01-23 08:34:57 · 5 answers · asked by dis garden 1

2007-01-23 08:31:54 · 12 answers · asked by Anonymous

can you/what can you claim for your personal vehicle?

2007-01-23 08:09:15 · 3 answers · asked by Anonymous

2007-01-23 08:09:07 · 12 answers · asked by backwoodsredneck123 1

I just finish filling out my income taxes. The software says I have a credit of $2,747. Should I enter my deductions any way? Or should I save my time? Please help.

Remember I do not own taxes; I even have a tax credit.

Thank you.

2007-01-23 08:05:21 · 8 answers · asked by College Guy 4

Alright like it says this is my first time that i'm going to do my taxes. So far of what i found is that i need to get my W-2 papers so that i can file on taxes, but i'm so lost with this stuff. I don't know what i really need, or what i have to do when filing your taxes. I've been out of the job since november and i don't even know if that's good enough. I'm still living with my dad in tell this upcomming month being that i plan on going to school so do i need to do soemthing about that, or can i still file my taxes once i get everything then go to school. Like i said i'm new at this, but at the same time i'm sooooooo lost. Please help me!

2007-01-23 07:47:34 · 3 answers · asked by mobius_x1 2