United States - January 2007

I was injured at work and had to recieve 4 months of workmans comp while off work will recieve a w2 in the mail and have to claim it as a income on my taxes?

2007-01-13 16:03:34 · 3 answers · asked by KEVIN B 1

I get an offer from PC World and in the back page, there is a writing: "IMPORTANT: Your subscription may be tax deductible. Consult your accountant or tax professional."

2007-01-13 15:53:49 · 6 answers · asked by ronaldo1287 2

2007-01-13 15:45:46 · 8 answers · asked by Anonymous

My husband and I have been separated since March of 2006; I will not have any dependents except for my son who is in college. (he is 22) Can I claim Single? I know head of household is an option, but the home I live in is owned by my soon-2-be-ex's mother, and we have an agreement that my rent is in lieu of child support. I do pay the water bill, the electric bill and phone bill, the utilities are in MIL name and the phone bills are in soon-2-be-ex's, so if I had to prove the fact I pay more than half of the income, I may have a hard time coming up with proof. (Being these bills have been being paid from a joint checking acct, but coming out of my child support that is deposited into that acct. and then what I have left over the soon-to-be-ex gives me the balance I have left from my child support. This has changed as of this month, as I have my own checking acct. now my child support will be deposited into MY acct. now, but the past 6 months of proof is the problem.)

2007-01-13 15:24:44 · 6 answers · asked by Anonymous

2007-01-13 14:18:00 · 13 answers · asked by Anonymous

Do I Have To Report Social Security That My Husband Draws?

2007-01-13 14:15:39 · 4 answers · asked by nana b 1

my fiancé has not worked all year she has been a stay at home mom :) and i have been working but i Cant clam them together because i will not get any money back they will take it all for sure.. Can she still do taxes and clam the baby?? i know it a dumb question but had to ask

2007-01-13 13:56:11 · 5 answers · asked by oceancityguy_md 2

If I donate to a non-profit that is an approved 501(c)3 in their state but their federal charity status is pending, can I deduct the donation from my federal taxes. If not, I suppose I have to wait until they're an official federally recognized 501(c)3 and no longer in a pending period.

2007-01-13 13:54:01 · 4 answers · asked by ClicketyClack 7

2007-01-13 12:56:09 · 2 answers · asked by ferdi 1

where do i find all this out for free.

2007-01-13 11:36:25 · 6 answers · asked by tina c 1

Question- If you find that your taxes from the previous year were not correct (in a good way$$$) Do you have the option to recalculate and refile or are you just stuck with it ???

2007-01-13 11:21:54 · 5 answers · asked by Anonymous

tax?
A. Minnesota
B. Ohio
C. Neither
D.Both

2007-01-13 11:19:30 · 8 answers · asked by rmfurther3000 1

For Regular IRA tranfers to a Roth IRA for seniors over age70.5 can the minimum distibutions from retirement accounts (MRD) be subtracted from the adjusted AGI requirement of $100000 maximum.

2007-01-13 10:45:23 · 3 answers · asked by Senior Taxpayer 1

I started a side business this year (last three months of the year) that had income of $19,500 and expenses of $20,000 which gives me a small net loss for the year. Do I have to pay any federal taxes or social security or self employment taxes or any tax for that matter even though I have a net loss for the year? I am worried that I might need to make an estimated tax payment next week. please help....

2007-01-13 10:40:53 · 5 answers · asked by pirate 1

I HAVE BEEN HAPPYLY MARRIED FOR ALMOST 2 YEARS NOW. MY WIFE AT SOME POINT OWES THE IRS/GOVERNMENT FOR STUDENT LOANS. LAST YEAR WHEN SHE FILED SHE HAD NO RETUNE BECAUSE OF HER DEBT. SHE FILED MARRIED/HEAD OF HOUSEHOLD. I IN TURN WHEN I DISCOVERED THIS I FILED MARRIED/ FILING SEPARATE AND I HAD MY RETURN AS DUE. SO MY QUESTION IS IF WE FILE JOINTLY THIS TIME WILL THEY TAKE WAY MY OWN SHARE OF RETURN DUE BECAUSE SHE IS STILL OWING THE GOVERNMENT AND HAS NOT FINISHED PAYING HER STUDENT LOAN. WHAT WILL IS BE IF WE BOTH FILE MARRIED BUT SAPERATELY. EITHER WAY WHICH WAY WILL I GET THE BEST OF MY RETURN. IF WE ARE TO FILE SAPERATELY WHO HAS TO FIL AS HEAD OF HOUSEHOLD AND WHAT WILL BE THE ADVANTAGE IN TERMS OF THE MOST MONEY WE/ I CAN GET FROM MY RETURN. (Sorry for the caps I had already typed in the question)

2007-01-13 10:40:09 · 5 answers · asked by fun_easyintelligent 2

I paid over 10 grand in 2006 on interest on my new home. $2300 to property tax....how much should I expect back roughly. Me and my hubby made between 50 and 60 grand combined. Just a rough answer would be great....or any tips on itemizing since this is my first year owning a home...Thanks!

2007-01-13 10:37:44 · 4 answers · asked by Sandie 1

what is the maximum amount a parent can give a child for college and still be tax deductible? This child will be living in the home and be a deduction on the parent's income tax....I assume there would be no changes in the rest of the dependence tax issues, but correct me if I'm wrong

2007-01-13 10:23:09 · 3 answers · asked by Ford Prefect 7

My husband and I just discovered that my $3000 bonus will put us into a new tax bracket that effectively forces us to pay $6000 more in taxes. What should I do? Refuse the bonus? Find some other deductions?

2007-01-13 10:20:32 · 10 answers · asked by groovesinheart 1

If a US citizen is married to an undocumented immigrant, how could the US citizen file taxes since the spouse has no SSN? I've heard of something called an ITN number that the IRS gives to immigrants just for filing taxes. Would the immigrant have to get an ITN before the US citizen could file their own taxes (since they are married)? Does it matter if they file separate or joint? The couple in question would prefer to file separately if possible. Also, would the US citizen spouse be held liable for any tax problems of the immigrant from before the marriage? Is there tax preparation software that could handle this, or should they see someone who specializes in this area of tax law? Any personal recommendations for accountants and such (SF/East Bay, CA)? Please post names and links, thank you.

2007-01-13 10:05:39 · 4 answers · asked by xicanaocelotl 2

Hi, I just got my W2 today and noticed that no federal taxes were taken out all year for 2006. In Jan 2006, I changed my W4 from claiming 0 dependants to claiming 3 dependants. I figured that with 3 kids, I needed the money more during the year. I also recieved a raise in Jan 2006 and because my check only went up about $50 per bi-weekly check, nothing clicked that something could be wrong. As far as looking at my check stub, I get direct deposit and the stub is sent in the mail. When I get it I file it away. Well, I learned a lesson. But my question is, should changing my dependants to 3 make my employer take out 0 for federal taxes? Or did they screw up somewhere?

2007-01-13 09:57:57 · 6 answers · asked by Bug's Mom 2

When they say donations and home equity loans are tax deductible, what does this mean? Does a $1000 donation mean $1000 less federal income tax? Does $1000 paid in interest on a home equity loan mean $1000 less federal income tax?

2007-01-13 09:46:46 · 4 answers · asked by djchuang 2

I gave birth to a son in July 2006 who died shortly after, and have heard that he is still considered a dependant of mine as far as the IRS is concerned. I have tried to research this but have come up with nothing. Anyone know how this is handled? Because without a soc sec #, how can he be claimed? And please do not take this question the wrong way! My husband and I are still greiving the loss of our son Owen. I am just unclear about this.

2007-01-13 09:05:41 · 4 answers · asked by yeager_renee 2

Benefits have not been increased above annual COLA. Wondering why, since I continue to work and pay FICA and Self-employment taxes.

2007-01-13 08:58:44 · 3 answers · asked by donmanes11 1

I only made like $3000 last yr... rough year...an if i have one child to claim, can anyone direct me to where i might find the total i'd be lookin' to get back on my return? Also, if i was still married the last day of 06, an file a married filin' seperately return what would this average out to?

2007-01-13 08:43:23 · 2 answers · asked by angelic_whispers_2u 1

Will the IRS be acccepting returns on mon Jan. 15th even though it is a holiday?

2007-01-13 08:38:28 · 2 answers · asked by Anonymous

2007-01-13 05:55:27 · 7 answers · asked by stella p 1

I know I'm able to claim a loss up to the amount of money I won on my taxes. I also have a record I've kept of my Winnings/Losses. I am hoping that the fees on the cash advance that I took out at the casino (which are quite a lot) are also considered part of the loss. Anyone know??Thank you!

2007-01-13 05:43:17 · 3 answers · asked by Pokey 2

will I owe anything later? I want to claim exemption, and I don't plan on filing for a return later, so will this be ok?

I'm single without any issues such as mortage, and about to start a part-time job. I could really benefit from having less money taken out.

If this is too risky, how about claiming 2?

Thanks for any advice!

2007-01-13 05:40:35 · 4 answers · asked by Miss.Understanding 3

2007-01-13 05:23:03 · 7 answers · asked by antiekmama 6

2007-01-13 05:16:20 · 7 answers · asked by kidi_69 3