United States - January 2007

2007-01-30 23:31:07 · 2 answers · asked by Briana D 1

How does it work if my tuition was $8983.00 and my scholorships were $4010.00 and I have 2 dependents.Do you get a refeund or is it a credit IF you owe taxes?What tax form do I use?

2007-01-30 23:16:22 · 3 answers · asked by qtpie34 2

I efiled my taxes yesterday and some of the companies said income below a certain figure AND age below say 50 to qualify for efile??Why does the government allow age discrimination in this??What is going on here? I think it is because they think younger people will pay for the efile state tax return added on and older people will not.

2007-01-30 21:36:14 · 5 answers · asked by Anonymous

Does anyone know if they actually do this, and if so how much of a hassle is it?

2007-01-30 21:26:01 · 3 answers · asked by jkp 3

how much is a person get back filing single with child as dependent? mainly how much should the child receive back from it like 1000 or more or less?

2007-01-30 20:50:10 · 2 answers · asked by clint 1

I trying to find out somewthing. someone filed income an his job does not take out taxes he had to pay in 1,500.
he said he had 19,000 in gas to take off his taxes to get back. An had 1,200 after taxes an after filing an fees he only got 700 dollars back thats filing single with one dependent which was a child 2 years old. he said the child brought him only 300 doing that. really what im wanting to know is how much do you get back range wise on a child as a dependent he said only 300 i thought it was like 1,000. so did he really get back 300 after filing child or did he get more an just not saying.

2007-01-30 20:21:31 · 1 answers · asked by clint 1

is it better to use turbo tax to file your taxes or Hr block online?i a, single head of household 1 dependant and only make 10,000/yr

2007-01-30 19:16:47 · 2 answers · asked by njshoregrrl25 1

I have been providing more than half of their living expenses for the past years. My parents have been filing joint returns. Can I claim them as my dependents?

This year, my mom will turn 65, and she plans to retire in June. She plans to only work for 6 months and to start collecting social security. They will get around $500/mo combined from SS. May I claim them as my dependents next year? Will that affect their MediCare/MediCal status?

Thanks.

2007-01-30 19:06:47 · 4 answers · asked by _ellen_ 1

Referring to the W-2 Form how to determine if I'm going to receive or pay money back??? where is it stated on the form? thanks...

2007-01-30 18:42:26 · 4 answers · asked by Anonymous

any ideas on how much they cost?

2007-01-30 18:30:39 · 2 answers · asked by CHERYL B 1

2007-01-30 17:40:56 · 9 answers · asked by Yahoo 3

2007-01-30 17:29:43 · 3 answers · asked by cheyguy2308 2

Sold my primary residence in 2006 after living in it for 1.5 years. Made money...what is the tax rate? can i add the cost of improvements i made to my basis? thanks...also, how would irs even know about this?

2007-01-30 16:32:24 · 2 answers · asked by Brian B 1

I haven't gotten my W-2 from my employer who I've worked for from Dec. of 2005 to July 2006. Should I have asked for it last year or should I receive it this year? I'm not sure when it should arrive since I started working there at the end of 2005.

Also when is the deadline for tax?

2007-01-30 16:23:13 · 3 answers · asked by Soficetica 2

I only have 1 W-2, Single, and no other deductions everything is coming straight from my W-2. I did some numbers from using both forms and my refund was different from 1040 & 1040EZ. why is this? 1040 said I get all of what went to federal, but 1040EZ was short about $703

2007-01-30 15:55:56 · 3 answers · asked by Anonymous

If so, how is that calculated? I once heard that they average out the cost for dry cleaning and use that. But thats just what I heard. Anybody know?

2007-01-30 15:53:14 · 9 answers · asked by scaarface350369 1

how to do taxes? this is the first year i can claim my child. i wanted to know if i would get a better refund to file single and claim him, or beings my b/f and i have lived together for 15 months, if we would get a better one if we filed jointly? if anyone has insight on this, please tell. thanks!

2007-01-30 15:47:01 · 4 answers · asked by mozartbuffy69 3

I worked part-time in 2005, earning about $3000. I foolishly didn't file my taxes. What is the best way to make amends? Can I just use last year's W2 in conjunction with this year's filing, or do I have to file separately?

2007-01-30 15:30:58 · 10 answers · asked by David R 2

Needing a retail sales tax ID number.Does anyone know what I must do to get this is the state of N.C. ?

2007-01-30 15:29:21 · 2 answers · asked by FASTLANE 1

In other words, who of the two owners are allowed the tax deduction for property tax and mortgage interest if the title and mortgage papers have only one owner's name on it?

2007-01-30 15:28:13 · 8 answers · asked by Ro~zia 1

Someone did my taxes on 2003 and I had to pay for the very 1st time in my life. Now I'm thinking about it and I have a feeling they filled it out wrong. Unfortunatly I don't have a copy of my taxes from that year. Is there a way I could check on this?

2007-01-30 15:25:18 · 3 answers · asked by Dolphin cake 2

I worked a temporary gig for a friend last year and made about $500. There was very minimal federal tax withheld.

I'm positive that the W2 is going to be late if I receive it at all.

Do I have to wait and include that in our family income or can I just let it go since it is so minimal.

Husband and I file married, joint.

2007-01-30 15:22:55 · 6 answers · asked by Just a Housewife 1

My husband and I need to know what is best for us to do.For about three months he did not get taxes taken out of his pay because he filled out something wrong.Within that time he made maybe only 4000 dollars.I didn't make much last year maybe about 4000 in total(had a baby).I know he would have to pay back taxes but would it effect us dramatically?Should we file seperate to save money or would it be better to file together?we also have a daughter that we will claim.Is there a tax credit for school also?Its a community college, but doesnt that count for like a hope credit or something of that nature? I just would like to know what would be better in our situation.I read in another post that by us being married and filling togeter in some cases can eliminate taxes owed because of the tax credits you get.just need help
THANKS

2007-01-30 15:15:37 · 4 answers · asked by Anonymous

My wife and I work full time and I have a side business. I am using tax software to do my taxes and I am baffled as to the taxes I owe? If I do not add in my side business income I owe about $700 federal. When I add my side business income, deduct my expenses and deduct my solo 401k contribution, my net side bus income is zero, but now it says I owe over $5000 federal?
Am I missing something. If my side biz made 20k, I had 10k in expenses and I put 10k in the 401k, why am I paying any additional taxes over the $700?

2007-01-30 15:15:06 · 3 answers · asked by AVS 2

I"ve been going though turbotax and it's telling me that I can do deduction on business expensies. This was only a couple of jobs for a total of $650 and a very small amount of money. But my taxes have became very complicated now. It's asking me for vheicle use and vehicle expensies. How can I do this for only $650.00. If I start putting all the gas and repairs to my vehicle for the whole year and I only made $650 for a couple of trips. LOL. That won't sound right to the IRS.

2007-01-30 15:06:46 · 5 answers · asked by Anonymous

I do not know how taxes work so I am assuming they are considered deductions.

2007-01-30 15:03:22 · 8 answers · asked by kimberley 2

2007-01-30 15:01:27 · 9 answers · asked by curious 1

We just used Turbo tax and filed seperately. I accidently forgot to delete her out of one of the profiles, and just COMPLETELY overlooked it. They have both been filed. (I was wondering why we were getting so much back!) Im scared, I dont know what to do. Is it going to send an immediate red flag to us!? aaarg. I cant beleive this is happening. Somebody PLEASE help!

2007-01-30 14:59:59 · 8 answers · asked by Ashley S 1

2007-01-30 14:52:19 · 2 answers · asked by kezj1972 1

My Wife and I just purchased a home, and the interest paid is well over 12,000 dollars. I've heard people talk (seemingly now, crap) about this huge refund........where is ours? We've paid a ton of interest last year that is all deductable. i.e; school loans, second mort., disaster stuff, prop. taxes. We are in the 25% bracket and file mar-jointly. I just don't feel like the return has been worth it. We are only getting back roughly 800 dollars more than last year when we didn't own. It really sucks!

2007-01-30 14:48:29 · 9 answers · asked by cheyguy2308 2