United States - February 2007

It seems I am having a lot of problems with taxes today! My husband's grandfather passed away and left an inheritance to the family. In November of 2006, the lawyer or accountant of the estate sent out the Schedule K-1's (Form 1041) for the 2005 tax year. Of course, we have already filed our 2005 taxes. Do we need to amend them? Or is this filed differently (like with 2006's return)? My brother-in-law took his papers to his accountant, but he couldn't tell me what the accountant did and he's too lazy to find out. All he could tell me is that he owes about $1000 and it's not due until April 15. BUT... the person handling the estate told my father-in-law all we'd each owe is about $300, so I'm wondering if my brother-in-law's accountant even filed his correctly. And does anyone recommend a tax preparer, independent or corporation? We live in Orange County, CA.

2007-02-13 23:15:52 · 5 answers · asked by lovetoplayfantasyfootball 3

2007-02-13 22:00:47 · 1 answers · asked by Anonymous

I did my sister a favor and agreed to babysit her two children for 2 wks @ $150/wk. She kept extending it, so I ended up doing 4.5 weeks (23 days) for a total of $680. Now she wants to claim the money for the childcare credit, which means I have to claim it as income (I did have a regular job also). This was NEVER mentioned before or after I started. I would never have agreed to $150/wk, knowing I'd have to pay taxes on it. After gas and tolls, my actual income was $75/wk. My husband and I are only due back $477 this year, fed + state combined. After adding the $680 "income", it will take away about $140 of our refund! And when all is said and done, I will only have made about 90 CENTS an hr for the babysitting! My sister does not even care. Do I have any legal recourse for her changing our agreement? How/where do I file this "income" on my taxes? Can I get a deduction for the gas, etc? Should I just forget it & file a 1040, rather than paying a tax preparer, which costs us more money?

2007-02-13 21:44:23 · 8 answers · asked by lovetoplayfantasyfootball 3

2007-02-13 20:54:11 · 2 answers · asked by bobbyjonesuk 1

2007-02-13 18:58:08 · 7 answers · asked by chrystal_schattel 1

i'm alil confuse as to the allowances on w-4 forms. if u're a single with 1 job no dependents or anything, the worksheet says ur allowances is 2, but could i put 1? wats the diff? appreciate any answer.

2007-02-13 18:56:19 · 1 answers · asked by nhan4545 2

I availed a loan in the foreign country and purchased a property in a foreign country . Will i be able to claim deduction on the interest of the housing loan in USA?

2007-02-13 18:54:27 · 2 answers · asked by ramugeetha 1

I live in Oregon and I need to mail off the state copy of the 1099 form...where can I find the address??

2007-02-13 18:47:21 · 4 answers · asked by angel_lillian001 2

2007-02-13 18:41:41 · 7 answers · asked by sparkplug 1

I was filling out my taxes tonight when I was ready to mail but realized the address on my W2's did not match the address the tax form was mailed to. I have lived in westmoreland county with my parents for 11 years now
I bought a house in allegheny county on December 20th, 2006 (closing date). I still do not live in this new house because I am having a baby soon and plan to move there after my maternity leave is up around the end of may 2007. I changed my address with my place of employment though and my north versailles address is on my W2 form even though i did not even buy the house until December 20th of 2006. At the top of the berkheimer form it asks about address but i was going to leave it blank because I am still not even living there yet and it is 2007 (and it says dates residing at each address). Should I fill out the address change during tax period at the top or leave blank? Local tax is 3% in one and 1% in the other county/township. Thanks

2007-02-13 18:05:40 · 1 answers · asked by Anonymous

I live in Washington State. I have not lived with my husband for over a year. I am trying to figure this all out and get it right.
Thanks

2007-02-13 17:35:02 · 6 answers · asked by searching4hope66 2

2007-02-13 16:53:09 · 5 answers · asked by laureny23 1

Once a married couple files jointly, can they file seperately the next year if it would be of better financial interest to them? Also, suggestions for good tax programs that are low cost and will allow us to play with options that might increase our tax return below filing officially?

2007-02-13 16:41:41 · 9 answers · asked by reconnermom 3

My US Air Force Son is stationed in England. He is currently away from his family in Qatar where he can't find this type of info. His Wife who is not a US or English Citizen works and pays taxes in England. Does he have to include her wages on on his US income tax return ?

2007-02-13 16:27:30 · 5 answers · asked by terose1 2

2007-02-13 15:50:12 · 8 answers · asked by free love 1

2007-02-13 15:43:08 · 7 answers · asked by Anonymous

In bankruptcy proceedings now. Just had taxes done today and owe. Does the IRS take bankruptcy into consideration at all? It hasn;t been discharged yet.

2007-02-13 15:04:26 · 4 answers · asked by deb k 1

2007-02-13 15:00:27 · 3 answers · asked by Anonymous

I would like to find the earned income credit tax table for 2006. I have not been able to find this table online.

Thank you for your assistance.

2007-02-13 14:36:47 · 3 answers · asked by Denice 1

My employer is based in Dallas, TX and runs payroll in Texas state where there is no state tax. But I worked in Oklahoma state for7 months and 1 month in Connecticut state. Do I have to pay the Oklahoma state tax and Connecticut state tax?

2007-02-13 14:24:17 · 3 answers · asked by sbprasad2000 1

Everyone I know has been paid on a Friday, however my date according to the IRS website is a Tuesday. Anyone know?

2007-02-13 14:11:58 · 9 answers · asked by rlw 2

2007-02-13 14:09:43 · 5 answers · asked by cellpix 1

1. My daughter is 16 goes to school and works PT. I can still claim her right? She claimed 0 dependents on her W2. In the summer she wanted to work FT. Can I still claim her? What do I do with her W2 ? Do I have to report it also?

2. If I am married and worked PT and only made $4,500.00 on my W2 and we are filing joint do I have to report my income. I thought under a certain amount you don't have to claim? I am not sure since I'm married...

Thanks for you input.............

2007-02-13 14:00:38 · 6 answers · asked by Anonymous

Hi, this is to give you brief outline of the situation that one of my friend is in. He has filed his returns online on some xyz website and the status of all that is "Rejected" right now. Now what I am expecting is that whether he could use some other company let's say ABC to see if it goes through or he couldn't since it goes to IRS in the end. This is really urgent matter. Response is highly appreciated.

2007-02-13 13:52:32 · 2 answers · asked by a n 1

Im' taking care of taxes for a friend. He currently works in Los Angeles but did work in Seattle for a few months last year. While entering his W2 online via TurboTax, I was told that Washington does not pay taxes therefore I did not need to file his W2. However looking at his wages, I do see that taxes were taken out. So, do I file his W2 from Seattle or not?

2007-02-13 13:51:17 · 3 answers · asked by Anonymous

I am a single woman with no dependents and I work two jobs. It seems my employers aren't taken enough taxes out of my wages. For 2006 I claimed 1 for my full time and 0 for my part time, any help or advice? I have changed my status to 0/0 for both jobs this year but don't know what else..... It seems each year the amount I owe is getting higher and higher..... HELP?!?

2007-02-13 13:25:12 · 9 answers · asked by leighs_luv 2

I e-filed on 2-3-07. I checked a few days later and the refund status site showed I should recieve Direct Deposit by 2-20. I looged on over the weekend when the irs was having system problem, and it said that I made a mistake. I checked on Monday 2-12, and my information showed up, but I checked againt this evening and the IRS website is telling me I made a mistake. Does anyone know why this is going on? I am not getting a reference code either.

2007-02-13 13:14:03 · 6 answers · asked by Anonymous

me and my wife are going through problems and we agreed that i (the father) claim her as my independent, but theres one problem our daughter is currently place with a relative and has no been living with us for more that six months unforunatly (which should all be setteld at the end of feb). My question is that with everything going on can i still claim my daughter (i have been also providing for her eventhough she currently not with us).
thanx for any help its greatly appreciated

2007-02-13 12:48:03 · 2 answers · asked by enrique r 1

this has to do with work and taxes

2007-02-13 12:42:45 · 2 answers · asked by Need to know 2

i lived in 2 states last year 06,and it would be hard for me to get my w-2 forms from all my employers last .(i had alot of different employers) anyhow i heard that you could get soemthing from the city or post office that verifies my last year employment without having to contact all of my former employers.i am expecting a return this year.

2007-02-13 12:36:21 · 6 answers · asked by Anonymous