United States - February 2007

My employer put 300 in an HSA and that is noted on the W-2 from work, but I got a separate one for the same amount from the bank that the money was stored in. I don't want to get charged with double "income" for this. When Turbo Tax checks for errors, this is one that it hits - it says my employer made excess contributions to my HSA. When I remove one of them, the refund amount goes up about $40. Can I just not report the one from the bank?

2007-02-15 05:45:31 · 3 answers · asked by BaseballGrrl 6

Are those items suppose to be somewhere in the 1040 or schedule A? If yes where?

2007-02-15 05:09:17 · 6 answers · asked by CD 2

I was paid cash at my job last year and would like to file a tax return. Would I include the amount I earned in the wages line of the 1040? Since I don't have a W-2, will I have any problems? My former boss will not issue me a 1099 or W-2. How would I go about figuring the taxes I owe?

2007-02-15 05:07:52 · 5 answers · asked by Anonymous

2007-02-15 05:04:15 · 2 answers · asked by pa_ps2 2

Here is my setup: Married, filing jointly.

Here is my summary on turbotax.

Taxable Income:
Adjusted Gross Income $64,671
Less: Itemized Deductions $15,416
Less: Personal Exemptions $6,600
____________
Taxable Income $42,655


Taxes and Credits
Income Tax $5,634
Other Taxes $20
Less: Tax Credits $15
____________
Net Tax $5,639


Payments
Federal Tax Withholding $5,736
Estimated Payments $0
Telephone Tax Refund $40
____________
Total Payments $5,776


Why on earth is my refund only 140 bucks??

Should I claim 0/0 or 0/1???

2007-02-15 04:56:39 · 7 answers · asked by MSU ROX 1

Ok so here's the deal. From Jan-Aug 06, I lived and interned in Washington DC. The W2 only shows Federal tax withheld. From Sept-Dec 06, I was back at home in Massachusetts for college. I worked at school but I didn't have federal or state taxes withheld.

So knowing this:
1. Do I have to file for state taxes in both DC and MA even though nothing was withheld (only Federal was withheld in DC)?

2. What is this Hope/Lifetime learning credit deal? I've read some stuff on this but I'm still confused.

Sorry, I'm a bit clueless on this tax stuff so bear with me. I figured I'd try it on my own first.

2007-02-15 04:54:35 · 4 answers · asked by frammil 1

2007-02-15 04:43:16 · 5 answers · asked by princess123 1

So like many people I have been having troubles finding out when I am going to get my refund. Origanally on www.irs.gov is said I should have my return by Feb 20th. Then yesterday, it was changed to Feb 27th.

I called the IRS this morning and at this point have been on the phone for an hour and a half. I got through to a man once - he said his ID informaiton and I didn't get all of it, and I asked him to repeat it and he said "Sorry Ma'am you should have gotten it the first time, how can I help you?" So I started telling him what I wanted to know and he cut me off and started asking me id questions - name amount of refund... and when he got to my filing date I didn't know off hand and when I asked him to hold on really quick while I grab my other paper he said "Ma'am I don't have time to wait for you". I mumbled something about that being rude, and he said "Ma'am if you think I am rude, you should call back in and talk to someone else". And then he hung up. Stupid mean IRS man.

2007-02-15 04:39:05 · 3 answers · asked by Willalee 5

checking on my federal refund

2007-02-15 04:36:26 · 2 answers · asked by Anonymous

Not sure how to or even if I have to "file" or claim these on the return. (I'm filing electronically and in Pa if that helps?)

First, we have a 1098 - Mortgage Interest Statement....I was able to post this on the return ok, then it asks for total prop tax pymts-which we have paid, but should we have gotten a "1099" type tax document stating the amt pd if we were to need this? Or do we just add it up from our receipts?

Secondly, we also received a 1099-C-Cancellation of Bad Debt. I can't seem to find any "for sure" direction on how to claim this or if I really even HAVE to. The only info I find states that "1099-Cs" should be claimed as "extra income" but that doesn't make any sense as the stipulations accompanying that info doens't coincide with the statement that we recvd...the only similar ref I can find is for "Bad Debt Forgiveness", which is NOT what we got ....

AAAGGGHHH
I know it sounds confusing and I apologize...
Can somebody PLEEEZ help me out???

2007-02-15 04:30:42 · 2 answers · asked by secret_oktober_girl 5

Can you really deduct your rent from your taxes? My boyfriend lives in Michigan and says he did. I live in Illinois and am wandering if it's possible...

2007-02-15 04:30:24 · 17 answers · asked by Sarah S 3

Please let me know where you recieved this information.
Thank you for your help.

2007-02-15 04:21:33 · 4 answers · asked by sweetgurllexi 3

We filed our income tax on Feb.2 and the IRS site said it had been received and was being processed.I thougt it would change today Feb.15 to accepted and being direct deposited but it doesn't.Still says being processed.What does this mean?

2007-02-15 04:20:58 · 4 answers · asked by Cindy B 1

Can I file for taxes if I didn't hold a job in 2006 But I own a home and pay taxes on that. Can I just file for my home?

2007-02-15 04:15:05 · 5 answers · asked by Anonymous

Is intertstate commerce considered shipping by common carrier? If so, is a sale tax exempt if it is shipped from one state to another using a common carrier? The sales tax rules per state tend to not mention anything about common carriers in connection with interstate commerce. Example: located in Indiana, sell part, ship to California using FedEx.

2007-02-15 04:14:19 · 4 answers · asked by Kalyboo 2

2007-02-15 04:10:28 · 6 answers · asked by Anonymous

I was told that my refund would be direct deposited in the bank account I picked by tomorrow. Will the money actually be available for me to use(withdrawal,transfer,etc.)? How long does direct deposit money usually take to be available? I've never done direct deposit before.

2007-02-15 03:58:14 · 10 answers · asked by Gio H 2

2007-02-15 03:38:26 · 6 answers · asked by me 3

2007-02-15 03:22:00 · 7 answers · asked by TARA W 1

2007-02-15 03:20:31 · 8 answers · asked by triomom 2

2007-02-15 03:17:10 · 4 answers · asked by Sabo 1

Susie is a single taxpayer who filed her Form W-4 as single with zero allowance.she will be receiving a refund with her tax return in the amount of 2,000 should

2007-02-15 02:52:53 · 2 answers · asked by Anonymous

2007-02-15 02:21:18 · 6 answers · asked by Dani 1

In 2005, I purchased a computer for my business. However, I’m looking over my 2005 return and there is no record of any one time or depreciated deduction for this expense. So, my question is two-fold:

1) Was this item deducted as an expense at all on my 2005 return and

2) If not, can I carry over this expense (for either a one time or depreciated deduction) on my 2006 return?

2007-02-15 01:55:07 · 7 answers · asked by Kevin 1

2007-02-15 01:52:39 · 9 answers · asked by EDR 1

is there a way that i can retrieve my lat 3 years of income taxes, i moved and have lost my copies which i keep for my records and now im in need of the copies, is there a way of contacting the irs and have those copies sent to me.

2007-02-15 01:48:45 · 7 answers · asked by DARNELL 1

Who is responsible for reporting mortage tax for deductions?

2007-02-15 01:41:06 · 1 answers · asked by J M 1

i heard that you can get the taxes back that you pay for gas. someone told me that i should save all my receipts and then brings them with me when i file my taxes. is this true?? if so, can you give me a website that confirms this?? thank you!!

2007-02-15 01:41:02 · 6 answers · asked by Essie 6

I am about to graduate college in 2 months and have a second interview for a job with the county. My starting pay (first 6 months) would be $14.66/hr. How much of that would be taken out for taxes?

I am married and we have no children. Would the tax be somewhere around 30%? I'm just curious. Thanks.

2007-02-15 01:30:49 · 8 answers · asked by Katie 2

2007-02-15 01:05:07 · 3 answers · asked by Momo's got a querstien 1