United States - February 2007

i am filing my federal taxes and i have come to the tuiton part.. what is the hope credit?!

2007-02-11 15:30:51 · 4 answers · asked by Anonymous

me and my exhusbund dont live together and i use his address when i filed taxes. can he file taxes as well under head of house? with same address?

2007-02-11 15:26:37 · 12 answers · asked by Rock n Robin 1

If I am able to claim, does that increase my refund and any estimation of how much.

2007-02-11 15:21:05 · 8 answers · asked by Anonymous

2007-02-11 14:50:34 · 5 answers · asked by Kristi H 2

My wife had some visa issues she is still back in my home country.
My payroll status is single with no dependents.
should i file taxes as single or married with the fact my wife never being in US last year, she is coming however in mid march.Do i need ssn or some income tax number for her to apply.should i wait her to come to apply.

2007-02-11 14:29:44 · 3 answers · asked by dr_ubaidbutt 2

Anyone used dental discount cards/plans, are they a rip off?

2007-02-11 14:29:38 · 3 answers · asked by lee k 1

Thanks..

2007-02-11 14:18:43 · 2 answers · asked by grace 1

2007-02-11 14:10:22 · 4 answers · asked by Anonymous

If I file through TurboTax and I am not happy with the return ( or I do something wrong), am I able to redo my taxes for this year by having an accountant do them?

2007-02-11 14:08:38 · 7 answers · asked by Anonymous

2007-02-11 13:18:33 · 2 answers · asked by geri a d 1

this is my second year doing taxes....and i screwed them up last year..dont want to do this again....i have three W-2 forms from last year...will H&R block tax cut allow me to enter these in?? what do i do?!

2007-02-11 12:54:56 · 5 answers · asked by Anonymous

My husband and I made over $100,000 last year, have two children. I am self employed bringing in 75% of the income and he gets the taxes taken out. We have quite a few of deductions, but I am wondering an estimate of how much we will have to pay. Does anyone have a similar circumstance. Last year we got back a few thousand, and this year we are in uncharted waters. Thanks!

2007-02-11 12:41:17 · 2 answers · asked by psalmspsalms 1

i got married in september 2006. my wife gave me a cash gift of $20,000. my question is:

1) will that be taxed?

2) do we have to report that on our tax return? if so what form do we use?

thanks

2007-02-11 12:06:40 · 5 answers · asked by Anonymous

So I have been working for this person who had some really shady business practices for a couple of months. When I started seeing illegal things I quit. I contacted the IRS about a bunch of things and also people getting paid under the table. I told my sister I did this who got really upset. She had worked for this man as well but quit before me for another job, I guess she had taken her wages under the table ugg. Now what? If she hasn't filed for this year yet if she claims those wages will she be okay?

2007-02-11 11:52:37 · 1 answers · asked by Erica S 1

My son graduated from college recently & will not be able to claim him as a dependent.I will still have my mortgage interest & my payable taxes interest to deduct & was not sure how must of a difference the filing status will make.

2007-02-11 11:51:03 · 6 answers · asked by Woodknob 1

hELLO QUICK QUESTION i HAVE A FRIEND WHO OWES ME MONEY AND WAS GOING TO PAY IT BACK WHEN THEY GOT THEIR TAXES. hE NOW TELLS ME THAT THE REFUND IS A BANK DRAFT AND IS GOING FROM UNCLE SAM INTO HIS MOTHERS ACCOUNT. CAN YOU DO THAT?

2007-02-11 11:47:47 · 6 answers · asked by buddabear38 1

I bought my condo in March 2006...selling it this year. Been in it almost 12 months. I cant afford the payments. I bought condo for $99,900. Im selling for $109,900. Im not making much profit. Im breaking even since I have to pay closing costs. How much will I have to pay in capital gains tax since it is under 2 years? Im in florida.

2007-02-11 11:29:11 · 8 answers · asked by usa_jcrew68 1

It asked me if I claimed the Hope Education Credit in 2005. I didn't claim it in 2005, so I said no. The thing is I claimed it in 2003 and 2004. I am not done with my post secondary education. Technically I am a sophmore (college years). I am in the process of amending the return. Is this credit applicable for college years or tax years? Can I spend the refund amount now. Or do I need to wait for the ammendment to take place before spending any of the refund.

2007-02-11 11:20:33 · 3 answers · asked by Anonymous

last year a friend held a fundraiser for me to help pay my medical bills. a non-profit lutheran charity matched funds up to a certain amount. in order to receive their donation, i had to give them all the money i received the day of the fundraiser, then they added their match funds and gave me a check for the full amount (the amount raised plus their matching funds). do i have to claim this as income? if so, where (on what form or what part of the 1040 would i find this?)? i received no forms in the mail and just finished filing online and saw no place to add this amount (i didn't file yet, just finished the 'paperwork'). if you REALLY know the answer please share. i'd REALLY appreciate it. thanks!

2007-02-11 11:12:05 · 5 answers · asked by drunkinpoet 4

We are filing separately and don't know if we both put the mortgage and real estate taxes on it, do we split it or does one person just do it?

2007-02-11 11:11:13 · 4 answers · asked by emmalinesweets 3

2007-02-11 10:55:52 · 4 answers · asked by ellie l 1

2007-02-11 10:45:01 · 4 answers · asked by tobyandtoni 2

I own property with six others. No one can pay the property taxes (roughly $6000). If I paid them, do I get some kind of controlling interest. How will it be viewed by a judge or the IRS, or other lawyer involved.

2007-02-11 10:27:39 · 2 answers · asked by Lisa 2

the company i worked for has processed to release funds but will not,what can be done legally to force them to pay?

2007-02-11 10:23:27 · 1 answers · asked by cajundancer_1 1

I understand that every employee has to pay 6.2% for social security and 1.45% for Medicare and the employer also has to pay the same percentage.

My question is : Self employed people pay social security only for the first $94,200 that they have earned in that tax year.
Is there some such limit for employees also or do they (and the employer for his share) have to pay soc. sec. for the entire amount?

2007-02-11 10:19:55 · 3 answers · asked by Pearl J 2

I was 21 when I filed my 2005 taxes last year. I check the box that read "check here if someone else can claim you as a dependent". But my parents did not claim me as a dependent and I know I am entitled to personal allowances that increase my tax refund that I did not take advantage of. I know I am supposed to fill out for 1040x to amend my last year's tax but do not how to fill it out exactly to correct my mistake. I want to amend my 2005 tax to get money back for my mistake. Thank you all in advance

2007-02-11 10:13:40 · 4 answers · asked by theproman23 1

2007-02-11 10:07:53 · 7 answers · asked by xoxo 6

I am a full time college student. I got out of the Navy on an honorable discharge one month before starting college. I get unemployment benefits and have had quite a bit of help from tuition assistance and the pell grant for college. Somebody told me that I can claim gas money, food money and rent when I do taxes. Is this true? If not, what can I claim? And do I get a tax break for being a full time college student?

2007-02-11 10:05:20 · 2 answers · asked by John H 2

we are self-employed. Will she get a bigger return if we don't claim her?

2007-02-11 09:53:17 · 5 answers · asked by westernstar1999 1

Can my ex legally claim him without a 8332 form? I went to do my taxes and they were rejected by the irs because he did this. Now what happeneds?

2007-02-11 09:46:16 · 7 answers · asked by Deanna A 1