United States - January 2007

I have my information in my tax software, I will not own any taxes. Should I still do the deduction part (i.e. student loan, daycare, etc)? Most to of the money that I get comes from my financial aid; in addition, I even have a credit from the IRS, which is the reason I am going to file. I just want to know if it is worth the extra time to file for deduction part if I own $0 to the IRS, and I even going to get a credit.
By the way, my income for employer was between 5K and 6k.

2007-01-13 05:10:19 · 4 answers · asked by College Guy 4

what can i write off? any helpful info appreciated! never filed before & dont know how!

Could someone please answer my other tax question???

2007-01-13 05:02:49 · 11 answers · asked by Ashley 2

I have never filed taxes before. I am head of household, with one child. Unsure of income right now, haven't done the math yet, still locating paperwork, but around $12,000-14,000 last year. Self employed (at home).
also, WHAT ALL CAN I WRITE OFF AS BUSINESS EXPENSES? whole phone bill or part?
PLEASE HELP!!! I AM LOST but really want to learn how to do it myself!

2007-01-13 04:39:29 · 3 answers · asked by Ashley 2

2007-01-13 04:34:20 · 5 answers · asked by kidi_69 3

2007-01-13 04:33:28 · 1 answers · asked by Harry 1

Just got married in May just looking for the most return

2007-01-13 04:32:04 · 6 answers · asked by David R 2

The useful life of the machines can't be 5 years like the government says it should be. They were owner contributions and not purchased, so I don't believe I could expense them (unless I'm wrong). What are my options?

2007-01-13 04:31:14 · 2 answers · asked by Harry 1

Is it me or is the IRS going a little slow this year? I know they just started yesterday but they havent accepted any returns yet. it usually only takes a few hours when u efile. I work at a local tax firm

2007-01-13 04:30:30 · 5 answers · asked by Anonymous

--I lived in VA in 1/06, I then moved to MD to work(2-7/06), I moved back to va 8/06 to work.
My permanant address was with my parents in VA from1/06-9/06. My car was registered in va the whole time. In October, my parents moved, and so did I. I reregistered my car at my new place where I currently live and work in VA.

HOW DO I FILE????? I read something about domiciliary residents and part-year residents, but I don't know what to do. I earned income in both states, and paid taxes in both states while I worked. PLEASE HELP!!!!! Thanks

2007-01-13 04:26:56 · 3 answers · asked by Been there done that 2

We have joint physical legal custody of my step-daughter and it is our year to claim her on our taxes but we make over the amount to obtain the EIC. Can we still put her down on our taxes and let her mom take the EIC on hers?

2007-01-13 04:25:52 · 1 answers · asked by jenner76 2

I've been married since June 06' what is the best way to go as far as getting a good return when filing this year?

2007-01-13 04:14:24 · 3 answers · asked by Texas Rose 3

Well I got married in may 2005. Can I still file single and head of household or do I HAVE to file married. I want to know the best way to get the most money back.

2007-01-13 04:07:59 · 8 answers · asked by David R 2

My husband is self employed.

2007-01-13 03:39:29 · 2 answers · asked by adriannamarie19 4

My brother's wife gets about $1600 a month social security from where her kids dad died. They say the don't have to claim this money on their income tax. Is this true?

2007-01-13 03:12:39 · 5 answers · asked by AngieBaby 3

2007-01-13 03:00:25 · 2 answers · asked by adriannamarie19 4

Currently, no federal income tax is withheld from my husband's paycheck. (We're a one paycheck family.) We are planning on buying our first home in the next little while. Everyone talks about the tax breaks. Will we get any tax break since all that is witheld on my husband's paycheck is Social Security and Medicare tax?

2007-01-13 02:49:53 · 1 answers · asked by Annie 2

my check is 28000 dollars will the bank let anyone know about my check before i can get it out after it clears say maybe 10 days

2007-01-13 02:32:35 · 4 answers · asked by robert g 1

of course it would be a ballpark estimate but are there any ways to figure it ou myself?

2007-01-13 01:58:51 · 3 answers · asked by toolate 3

2007-01-13 01:34:53 · 8 answers · asked by natcham4084 1

2007-01-13 01:17:25 · 11 answers · asked by jpolanco0208 2

File Info. On how to file? To file Ones own tax return?

2007-01-13 01:01:33 · 5 answers · asked by Barbie 1

2007-01-13 00:58:57 · 8 answers · asked by ladyinchargetx 1

I currently have a Roth IRA under my name. My wife and I file a joint tax return. My wife does not work so I'm wasn't sure if I was able to set up an spousal Roth IRA, in addition to the Roth IRA I have. If so, what limitations are there (ie income limits)?

2007-01-13 00:32:02 · 4 answers · asked by bcsurfclub 2

2007-01-13 00:17:44 · 3 answers · asked by Chintan S 1

2007-01-12 22:58:11 · 8 answers · asked by prosper 1

I have a one-man manufacturing business. I made and billed a job in December. Quickbooks shows it as income for 2006 but I haven't been paid yet. Must I claim it as income for 2006 or can I wait and claim as income in 2007?

2007-01-12 22:51:54 · 7 answers · asked by industrialconfusion 4

I am 24 yrs old, have worked in 5 states, and have never filed my taxes. With all the moving I have done, I haven't always been around to collect W-2's... and then all the change of addresses never filed. Needless to say, I was thinking about filing... can I file in lump for the last 6 yrs? Is it worth it concidering that I only worked 3-4 months per year on any given year... some years 6-7 months. Any advice?

2007-01-12 21:54:55 · 8 answers · asked by Richard B 1

I am a 26 year old single female with a 4 year old child. I did a tax calculator, I put Head of Household, and claimed 1 dependant. I did not have any federal tax held out of paychecks and only made 12,000 in wages. I put daycare expense, 401K, and state taxes on deductions. It says I will get back $2854.00. I have not idea if this sounds right. It seems like single mothers usually get more than that.??? Can someone let me know if this sounds correct.

2007-01-12 20:14:59 · 4 answers · asked by TiffanyRE 2

2007-01-12 19:26:18 · 1 answers · asked by Staci B 2

How does one go about finding a previous employers federal employer identification number?

2007-01-12 18:59:40 · 1 answers · asked by bellbottombleus 4