United States - January 2007

I had to use my debit at the doctor today and that would put me behind. I am just hoping the gov doesn't try to cash the check tomorrow. I get paid tomorrow night, so I'm cool after that. Do you guys think they put a check through in as little as one week (or less)?

2007-01-08 14:26:30 · 3 answers · asked by bwg2003 1

Just wondering if it only matters if your 25 when you file, not age you were in 2006.

2007-01-08 14:13:20 · 6 answers · asked by Cortney B 2

2007-01-08 14:02:31 · 5 answers · asked by David R 1

I bought this small restaurant for $50,000 nine years ago in the state of Oregon. I'm selling it now for $51,000. Someone told me that I'd have to pay tons of state and federal tax.... is this true? How much or what percent must I pay???

2007-01-08 13:33:59 · 4 answers · asked by curiousity000 1

2007-01-08 13:08:02 · 5 answers · asked by tractorman186 1

I'm 20 years old, living on my own and in college. I work part-time and pay my own way for the most part but my parents give me money for college. How do I determine if I should be claimed as a depenant on my parent's tax return?

2007-01-08 12:52:06 · 8 answers · asked by Anonymous

i have heard twice since christmas that when you have 12 kids you are exempt from paying taxes?!???!!?!? i think its baloney but i cant find it anywhere (snopes.com/overall yahoo search etc) can anyone help or direct me to a source?

2007-01-08 12:46:01 · 6 answers · asked by CURIOSITY 1

Sorry for the minimal info I don't think I am in the 25 percent bracket more like 15 to 16 percent I claim a dependent usually, I file Head of Household if it works in my favor sometimes my accountant files me as Single my gross income is roughly $24297.00 Head of Household with a dependent I am claiming 7800 dollars in mortgage interest and $2400.00 dollars in Property and school taxes.I'm hoping this helps..

Thanks

2007-01-08 11:58:34 · 2 answers · asked by Anonymous

What i'm asking is, is there a need to wait on his w2, I have heard that if you make under a certain amount you don't have to file?

2007-01-08 11:31:48 · 6 answers · asked by peterpan123 3

I just want to find out how to do the percentage and can't remember how. It's been several years since I was in school.

2007-01-08 11:22:54 · 2 answers · asked by joeleanes 1

2007-01-08 11:20:36 · 5 answers · asked by Bat 1

2007-01-08 11:13:51 · 2 answers · asked by Anonymous

all the capital gains are long term

2007-01-08 11:12:08 · 4 answers · asked by Anonymous

I'm single, I have no children, rent an apartment and just started working full time after having graduated in May. I've only made about $12,000 since Aug. I was told I can claim as many allowances as I wish, as each allowance with -holds more money to be alotted for taxes. Is this correct? About $150 is being taken out every week in all of the assorted taxes. $600 a month seems like a lot. Is there anyone who can give me an estimation of what I can expect back.
Thank you!

2007-01-08 11:06:57 · 2 answers · asked by Anonymous

I want to be able to contribute to a traditional IRA so I may deduct more off my taxes. Is it possible... Please provide sources.

2007-01-08 10:27:44 · 5 answers · asked by damastarmind3 1

does the IRS let you look at your previous income tax return online?

2007-01-08 10:21:43 · 5 answers · asked by Anonymous

If I take a credit card cash advance and deposit this money into a money market account, is the interest on this credit card debt deductable on federal taxes? I have an unique credit card offer that would actually yield a significant profit if the interest is tax deductable.

2007-01-08 09:53:28 · 9 answers · asked by vernjim 1

2007-01-08 09:38:17 · 4 answers · asked by patrick b 1

I purchased a house in late 2006, and haven't yet made enough interest payments to justify itemizing deductions instead of taking a standard deduction. I've already waited to pay property taxes until this first month of 2007, so i can claim two tax pmts this year, but can i do the same with mortgage interest? I'd like to add the interest paid last year to this year's interest if possible.

2007-01-08 09:24:55 · 4 answers · asked by Dustin S 1

Due to the amount of Federal CSRS retirement income that I will receive and the 3 for 2 offset that will be assessed against social security benefits that I may be eligible for, I will never receive any social security benefits. Since I can never receive any social security benefits, is there a way to opt of paying into a system that I will never be eligible to receive benefits from.

2007-01-08 08:40:01 · 8 answers · asked by Toni G 2

21 divorced female here..one three year old son..made 23000 how much am i looking at gettin back??? i dont know if it matters cause i know nothing about taxes but i live in the state of tennessee

2007-01-08 08:20:44 · 4 answers · asked by B 1

I was hoping to try to do my own taxes this year. I planned on getting some of the tax software that's advertised on TV, but then I heard about a progam called Open Tax Solver http://opentaxsolver.sourceforge.net/ and I was wondering if anyone has used it, and what their experience was like

2007-01-08 07:51:03 · 1 answers · asked by wax 3

he was in irac for all of 2005 and someone told us he didn't have to file taxes because they don't hold out federal taxes if your in a war zone but he had 2 dependents. can he still claim the earned income tax credit on them, does anyone know? is it worth it to still file?

2007-01-08 07:42:04 · 5 answers · asked by heavensent4u1981 1

I only made few hunderd dollars from my saving account, with $0 income, do I still need to file taxes for 2006 eventhough I was selfemplyed and did not make a peny?

Thanks

2007-01-08 07:21:57 · 7 answers · asked by Anonymous

I have a friend trying to do taxes online and needs to know how he can file taxes on the cash he was paid doing house construction.

2007-01-08 07:19:40 · 2 answers · asked by urangel4life2006 1

Hi Everyone,

I'm thinking of babysitting my niece 5 days a week. My brother has offered to compensate me. Our questions are: 1) Do i need to declare the income when tax time comes around? 2) Do they need to declare themselves as my "employer" in order to get a tax credit for child care (does such a credit exist?)? We've looked at the paperwork for them to be my employer, and it looks so confusing. 3) Is there anyting else we should be thinking about regarding declaring income, tax credits, etc?

Thanks!

2007-01-08 06:38:14 · 7 answers · asked by CatTech 3

we get about 5000 on our tax return... we have one daughter(so we get 1 child tax credit)who is 18 months old, and another due in may...last year we didnt need to think too hard because we spent some on her and then put a down payment on a new car.... this year....we want to put some in the savings, and have some to spend on ourselves....well my hubby wants to put 4000 away in savings and split the other 1000 up between us... 300 for him, 300 for me 200 for our daughter and 200 on the one due in may... now i want to put 3000 in the savings and split 1000 up between me, our daughter, and my hubby (a little over 300 each...)and use the other 1000 to get everything we need for the one due in may.... (cradle, swing, clothes,blankets, bouncy seat, carseat, bottles, stock up on some diapers....stuff that we need for the newborn when it gets here... we havent bought ANYTHING and im due in 4 months....)

Any ideas on how to come to a compromise, or other ideas on how we should do it....

2007-01-08 06:24:11 · 8 answers · asked by ashleyhaddon 3

i started school in dicember can i cliam as a student?
+10 to the best answer!!!

2007-01-08 06:23:54 · 2 answers · asked by theblueyoshi 2

I purchased a laptop from Dell last year with my Dell Preferred credit card. I would like to write the laptop off on my taxes, because I am a part-time graduate student that take classes online. Could I claim it on my taxes if I purchased it with a credit card?

2007-01-08 05:52:28 · 6 answers · asked by ? 2

I am an independant contractor, i am a hair stylist and pay rent for my station and buy all of my own products, this is the first year i haven't been an employee and i am not real sure if i am suppossed to file seperately from myself as a business or do i file them together?

2007-01-08 05:29:09 · 4 answers · asked by pooh bear 4