United States - January 2007

a)debit social security tax expense and credit cash
b)debit social security tax payable and credit cash
c)debit social security tax payable and credit payroll taxes expense
d)debir social security tax payable and credit social security payable

2007-01-17 00:24:47 · 2 answers · asked by Debjani R 1

me and her father live together although not married.I usually dont work but have earned a whopping 500 dollars this year-my guy makes tons of money...who would get the most return for claiming her? also I havent done my taxes in years-since I havent earned anything-will I get in trouble for it?

2007-01-16 23:48:47 · 5 answers · asked by cassiepiehoney 6

I sold some stock in 2001 and 2002 and I failed to file my taxes. I have received my tax refunds for the years filed aftwerwards. I sold some short term gain stock those years, and I had very few possible deductions at that time. It is looking like I owe quite a bit of $$ for interest and penalties. I am capable of filling out the standard forms, but not calculating the interest/penalties. Should I consult a tax professional? Will a professional be able to do anything that may help reduce my amount owed. I don't want to make this more costly than it already is.

2007-01-16 20:41:28 · 4 answers · asked by TD 2

2007-01-16 20:38:43 · 2 answers · asked by nixkuroi 2

I would like to convert some of my traditional IRA into a Roth for the 2006 tax year. Was the deadline for this Dec. 31 or is it April 16?

Thanks.

2007-01-16 20:17:04 · 1 answers · asked by Moses C 1

The tax laws are already extremely complex, is sales tax legal when buying anything on the interent?

2007-01-16 19:51:58 · 8 answers · asked by metalsoft@sbcglobal.net 2

ok for this is a question for my taxes im filing this year. for the first 6 months of 2006 I lived in Arkansas which their is state taxes their that you have to file then for the last 6 months of 2006 I have been living in Texas which from what I understand their is no state taxes here.....ok i'm filing my taxes my self on e-file so how do I file state taxes on arkansas if i am living in texas.....PLEASE HELP

2007-01-16 18:49:02 · 3 answers · asked by emelvin83 1

I do not earn that much but I take care of all the expenses for my apartment for example Cable internet food.... so on. I live with my mother and she takes care of the rent. She is retired and legally can not work due to a back problem she accuired while working. She has a disability pension. She does not file taxes though. Can I claim her as a dependent. I do claim as head of household

2007-01-16 18:35:01 · 3 answers · asked by nobleone6969 1

I'm currently not a student and I'm getting ready to re-enroll for the 2007-08 fall semester. Usually my mother would claim me as a dependent except for last year when I decided to go solo. This time around I'd like to figure out whether it makes a difference if I claim solo again or is it recommended bo file with your parent. I do understand you may get more financial aid if you claim as a dependent, right? What can you guys suggest?

2007-01-16 17:23:19 · 2 answers · asked by PS 1

2007-01-16 16:13:46 · 10 answers · asked by RJ 1

I am a 22 year old man living in an apartment with my fiancee and her 3 year old daughter. My fiancee pays only 1/4 of the total bills for maintaining the household... Am I able to file as HOH? Or am I still to file as single?

2007-01-16 15:54:01 · 13 answers · asked by Home Theater Guru 2

I haven't a business license or anything yet. I will do that shortly. This started out to be a hobby and well, I've earned money on it. Probably about 7-8k this year. With the EITC in mind, will i still get money back on taxes if I hadn't paid out on taxes for my sales?

2007-01-16 15:50:43 · 3 answers · asked by born2bfree 3

Can employee report to IRS about the employer? Is it a law that employer must give W2 to all of its employee irrespective of current employee or ex employee?

2007-01-16 15:25:42 · 11 answers · asked by HAPPY 1

2007-01-16 15:08:55 · 7 answers · asked by thehemos23 1

a member of my family has obtained photo copys of my childrens social security cards, this person makes it a point to file them with out my permission and then denies that they have filled my children, but this person only works part time and makes minimum wage, has no children of there own. and is getting back over $3,000 on there refund, when i go down to flie i am told that both my children have been claimed already, what can i do to stop this from happening? and can i go back and file 2 years combined!? please help me with this it is very frustrating and it hurts me financially. my family depends on this return, and i feel it is being stolen from me.

2007-01-16 14:51:51 · 12 answers · asked by JUSTON G 1

If I am married and have two children, can on put on my W-4 form for my employer, single and claims zero? Or is this illegal?

2007-01-16 14:42:19 · 5 answers · asked by Anonymous

The restaurant I work at is small and locally owned. For my tips my manager told me to report 11% of all the money I collect from the customers for the meal (not including tips), except for the credit cards, on the credit cards I report 11% from the tips and not the money for the meal. I have been told this sounds a bit shadey, I mean I only make $2.65 an hour and after taxes it comes out to a dollar an hour, I would appreciate any help or comments on this. I live in Indiana.

2007-01-16 13:51:01 · 12 answers · asked by Anonymous

I dont know what form to use to file my taxes because i am going to have church tithes as a deduction this year. So i need to know what form to file with and what line it is on.

2007-01-16 13:44:26 · 3 answers · asked by johnsgirl 2

I'm currently employed in the state of Ohio but may do some consulting work. I claim single zero and am paying roughly 21% tax on about $3300 a month. I'm wondering what I would have to charge to have the same take home after paying taxes via a form 1099 (if I have this all figured out right) at the end of the year.

Any help by chance?

2007-01-16 13:19:45 · 4 answers · asked by kildarner 2

teacher retirement lump sum

2007-01-16 13:13:25 · 4 answers · asked by Bob G 1

I was not able to pay my taxes during the 2001/2002 tax years and I never did file. I have received refunds for all years file afterwards. I received a letter early 2006 stating my refund would be held until I filed, but I later received my refund in the mail. Will my refund be held this year? Do the old years tax filing requirements expire?

2007-01-16 12:56:15 · 5 answers · asked by TD 2

2007-01-16 12:50:26 · 6 answers · asked by M W 1

My husband and i just got marrried in oct so my question is should we file together or seperatly last year when we filed i got almost all of my money back and he didnt his return sucked because he is older and dosnet make that much money..we both make pretty close to the same salary so if we file together will that make my return less we both claimed 0 on our w-4 forms and can he claim head of the household or do you have to have kids to do that!

2007-01-16 12:48:46 · 3 answers · asked by juno 2

could you please explain Earned Income Credit (EIC) if i have a 17 year old son and a 2 year old daughter and i am the head of the household. Also, is efile.com a good place to file my income tax?

2007-01-16 12:41:41 · 3 answers · asked by thatdude 2

How detailed the financial statement has to be for IRS? This is in conjuction with old tax returns and payments.

2007-01-16 12:29:02 · 3 answers · asked by mnk6 3

I guess this is a two parter: First, do the homeowners association have to pay real estate taxes? Second, since a HOA is a non-profit, the real estate taxes that they pay should then be deductible on my tax return (on a pro rata basis, obviously), right?

Please have some real sources, preferably either IRS publications, IRS rev rec rulings, or tax code citations. I searched myself but couldn't find any.

2007-01-16 12:16:03 · 5 answers · asked by sjoschko 3

I don't live w/ my parents anymore but I did for 9 months of last year. My mom wants to claim me (like she has every year before I've moved out). Does having my parents claim me on their taxes hurt the refund that I would get? Would I get more if they didn't claim me?

2007-01-16 12:07:34 · 11 answers · asked by Anonymous

2007-01-16 11:55:01 · 3 answers · asked by steve w 1

Can I deduct the cost of the laptop I bought for school use?

2007-01-16 11:50:05 · 2 answers · asked by heyhey95 2

And I'm suppose to file one copy with IRS one copy with State and one copy with my return, correct?

2007-01-16 11:45:28 · 4 answers · asked by Anonymous