United States - January 2007

we get child benefit and child tax credit and have one child we are planning another child can anyone tell us what if any other money we are entitled to

2007-01-11 10:42:37 · 2 answers · asked by petal 2

2007-01-11 09:58:34 · 7 answers · asked by rayeraye23 1

For example, say a business bought an asset that cost $100,000 and it has an economic life of 10 years, does that mean the business gets to write off $10,000 a year for 10 years in taxes, or am I understanding it wrong? Is there a limit to how much a business can write off in depreciation? Thanks

2007-01-11 09:38:33 · 8 answers · asked by BigE 3

I was.. cleaning houses for a small company who didn't take taxes out of my check each week. She said I was 1099 ?? How do I file ?

2007-01-11 09:27:43 · 3 answers · asked by eddymylv 1

This is the first time my fiance and i are filing our taxes.We have a 8 month old girl and are skeptical about how we should file so that we get the most out of our taxes.He made more then i did this past year,so my question is:Should we file joint or should he claim her as dependent alone.What do you think?Thanks Lisi

2007-01-11 08:59:16 · 15 answers · asked by CapricornQueen 1

can we both file head of household as we both have qualifying children?

2007-01-11 08:58:49 · 7 answers · asked by amyjake7 1

I was wondering if i could claim my brother and sister in law as kids cuz they are both age before 15 and I watch them all the time and pay the school tuiton sometimes and the parents can't claim them cuz they dont do taxes so i was wondering if i could they kids eat and stuff here 5 days out of the week any problems do u think i could claim them

2007-01-11 08:51:22 · 3 answers · asked by leahssweetie 1

I started an S Corp this year that only has expenses , no profits. My husband is also employed. Do I need to do two separate files for the S Corp and personal? I thought that S Corp profits and losses pass through to the owner, so what does that mean in terms of filing taxes? Can anyone help???

2007-01-11 08:38:52 · 3 answers · asked by summer 1

2007-01-11 08:33:11 · 2 answers · asked by Chuck_ 1

I need verification of the amount of taxes taken out of my buyout check from Ford Motor Co.

2007-01-11 08:23:51 · 3 answers · asked by Cal 1

2007-01-11 08:23:10 · 6 answers · asked by nani 1

My parents still claim me and they also claim my schooling. I paid like 8k in total taxes this year. So about 5k federal taxes. Any ideas if i will get a refund? and how much i will get?

2007-01-11 08:20:56 · 4 answers · asked by Drunkardsfist 1

2007-01-11 08:11:07 · 3 answers · asked by John W 3

My wife didn't work this year...should we file jointly or individually to get the best refund?

2007-01-11 08:08:45 · 5 answers · asked by Marty the One Man Party 1

I bouht my home in April 2005 and refinanced in June 2006 and took out 40K. I have a tax question: I live in California, is it ABSOLUTLY necessary to report this to my tax man? If I dont, what WILL happen? Please be honest and not exagerated.

2007-01-11 07:57:57 · 4 answers · asked by Justme 2

Since Washington, DC, is not officially a state, then shouldn't DC state tax be illegal?

2007-01-11 07:54:17 · 4 answers · asked by changa_0326 1

What exactly do the exemptions mean? Is it better to have more or fewer exemptions in our case?

2007-01-11 07:45:09 · 4 answers · asked by Beth H_13 1

I Lived in Wisconsin from January until May and now in Texas. In Wisconsin we have state taxes to file for and in Texas we do not.

2007-01-11 07:45:02 · 2 answers · asked by Anonymous

2007-01-11 07:36:51 · 2 answers · asked by swtdrms81 2

I have heard for years that there is a legal stance that can be made to not pay, or deal with the IRS that is legal. If I remember correctly it had something to do with the verbage in the laws that stated ferdral taxation was a voltary program.

I'm not planning to try this, just curious if anyone had (or knew someone) whom had tried this and what the outcomes were.

2007-01-11 07:14:45 · 5 answers · asked by blisstar 3

2007-01-11 07:12:05 · 5 answers · asked by Anonymous

I remember once seeing a little calendar type thing that showed if you filed by this day you would have your refund by that day (electronic filing). Does anyone know what I'm talking about?

2007-01-11 06:52:57 · 6 answers · asked by Anonymous

2007-01-11 06:51:23 · 3 answers · asked by ladybugjjd 1

The business I work for has had three different owners in 2006, two of them being for only one month each (one for all of January 2006 and one for all of February 2006) Should I expect a different W2 from each owner or previous owner of the business?

2007-01-11 06:50:49 · 5 answers · asked by aly 5

It is true that all stock sales for 2005 were omitted from my 2005 taxes. Someone else did my taxes as I was too young and inexperienced to do them myself. The forms the IRS sent me are not clear about what they want me to submit to them to clear up the omitted stock sales.

Do I need to submit a schedule D? A 1099 form from my online broker? Should I pay the penalty fee just in case so interest doesn't add up while the case is being handled?

2007-01-11 06:38:53 · 5 answers · asked by rrr ttt 1

that my mother in law can file and me my husband and child on it and get money back from my child on it ... but when my husband files we can't i don't understand

2007-01-11 06:17:27 · 1 answers · asked by mojosmama24769 1

My fiance and I purchased our first home January 2006. Because we are unmarried, we can't file jointly, so I'm wondering what the best way is for us to file our taxes in terms of the mortgage interest, home expenses, etc. Who should claim it?

Someone told me that the individual who has the larger salary should claim the home. However, I make the larger salary, but he is considered the "borrower" whereas I am the "co-borrower" of the mortgage. (So, his SS# appears on all of our communications from the mortgage company.)

Does it even matter?

Thank you for your advice!

2007-01-11 05:59:50 · 4 answers · asked by Anonymous

2007-01-11 05:46:10 · 3 answers · asked by babydoll 1

My kids play soccer - it's expensive. Can I deduct it?

2007-01-11 05:45:15 · 5 answers · asked by tilley 1

a creditor has threatned to take our tax refund to pay a judgment against my husband can they take the whole tax refund including state? They have already garnished his weekly check by 20%. we have four children can they take the child income tax credit too/

2007-01-11 05:40:37 · 3 answers · asked by annmariekriza 1