United States - February 2007

2007-02-09 15:38:19 · 2 answers · asked by redbone001 1

2007-02-09 15:36:10 · 5 answers · asked by redbone001 1

i have a question..... i have 0 dependants and was wondering if people with more dependants get more in their tax returns than people with less and if they get more money deducted in their paycheck...... i was wondering if you can put yourself as a dependant// thanks

2007-02-09 15:24:49 · 2 answers · asked by Anonymous

Ex wife signed 8332 allowing me to claim son as an exemtion. I do not have my son more than 6 months of the year, but am wondering if there is any other tax code I am missing that would allow me to claim HOH

2007-02-09 15:19:22 · 4 answers · asked by Drew 1

money and a company in a foreign country...how do you place that on a tax return?

2007-02-09 14:46:16 · 2 answers · asked by Paul 3

There have been like 5 jobs between my husband and me and we moved across country. My husband briefly worked as an independent contracter as well. I think we should have our taxes done by professionals; He wants to do them online. I am afraid we're going to mess up on something, and it is my LAST want to be on the crap list with the IRS. What would you do? I'm assuming our tax return is going to be pretty complicated. It's just the two of us, no kids, no house, and we file married filing jointly, but with all the jobs and the moving expenses (inclusive of a storage unit) I can't help thinking we really should let our taxes be done by someone who really knows what they are doing.

2007-02-09 14:41:01 · 5 answers · asked by Angel 3

2007-02-09 14:21:24 · 2 answers · asked by Anonymous

need some help. my aunt from Poland has money and she would like me to keep the funds in my account so that when she comes here(about 1 month) i can transfer money to her account.she says she'll give me a little out of it. however,how would i write that in my income taxes? and would i get taxed?
thank you guys and girls!


much love from NY/NJ!

Paul~

2007-02-09 14:17:00 · 5 answers · asked by Paul 3

education

2007-02-09 14:11:13 · 3 answers · asked by MR. J 1

Hi, I don't know if I need to claim myself on my 1040ez. I made $6645 last year and $408 was taken out for taxes. Im 17, my mom claimed me as a dependant. On question #5 do I check any of the boxes (you or spouse) or do I leave it blank and put $8450 in the space. I'm confused with what to do.
Thanks

2007-02-09 14:01:12 · 4 answers · asked by Brent 1

So that you can put the money that would normally be withheld from your paycheck for taxes into a interest bearing account and then you can pay your taxes at the end of the tax year? Isn't letting the Gov't withhold money from your paycheck pretty much giving them an interest free loan (i.e. though you're getting a refund, you didn't have access to that money for most of the year)?

2007-02-09 13:50:58 · 6 answers · asked by trer 3

I am trying to understand different scenarios for IRA withdrawal.
1. What would be tax amount if I withdraw from IRA $10k after the age of 60 assuming I do not have any other income?
2. In above case, what would be the amount I can withdraw without having to pay any tax?
3. Would the case also be same if I was not a resident of USA at the time of withdrawal?

Thanks in advance

2007-02-09 13:41:09 · 2 answers · asked by rotkark 1

I need to know if I if this is right, because I or anyone I talk to say it is not, but I don't know for sure. Is it right, if you are NOT self-employed, for them to take employer taxes out on you every week? I pay my taxes, yet they are also charging me 88.00 every 2 weeks for employer taxes. Shouldn't the employer pay their own taxes? I added it up, and it equaled up to$176.92 a month, which is$ 2,123.04 a year, I tried to ask them about it on the phone, and they make it to where you can't understand what they are sayin, and they said they would call me back, and never did. I just need to know, if it is right for the employee to be getting employer taxes withheld from their check? Please help me out here, and if I am not souposed to be paying this, who do I contact to help me resolve this, because personally, I don't think this is fair. Any help will be greatly appreciated......

2007-02-09 13:28:01 · 6 answers · asked by Nicky J 2

2007-02-09 12:57:14 · 5 answers · asked by wishfullgirl1970 1

is it illagel to cash checks for a company outside of the usa that is selling products here but not doing taxes on the products they sell.

2007-02-09 12:53:20 · 4 answers · asked by just bored 2

2007-02-09 12:46:10 · 4 answers · asked by Kitty 1

I have 2 out of 3 of my w2 forms but the third
one is mia. Also I had to pick up the 2 that I have
cuz my name is not on the mail box where I
live so where could it be? at my old employer
or at the post office. Next question I sent a letter
to an incarserated friend and have not recieved
a return letter would it be wise to check the post office for these items

2007-02-09 12:40:19 · 3 answers · asked by daview1234 2

This is the first house I have owned and we have lived in the house for four years

2007-02-09 12:40:05 · 8 answers · asked by Home Owner 1

Thanks!

2007-02-09 12:20:51 · 4 answers · asked by Erin F 1

I have a friend who's husband is a doctor. He makes about 300k per a year. However, he owes more than 100k in tax liability every year. As a result, he usually has to borrow money in order to pay his taxes. He donates a couple of thousand dollars to charity every year and contributes the maximum allowed amount to his pension and retirement accounts. He practices under a sole proprietorship. Is there anything he can do to reduce his high tax bill?

His accountant does not give him any tax advice that may reduce his taxes significantly and charges him a lot of money for doing his taxes.

He is a very honest and decent person. In fact, he provides free medical service for underprivileged people and tries his best to make the world a better place. So, please answer this question with good and practical advice.

2007-02-09 12:13:51 · 5 answers · asked by Mr. Main Event 5

Does anybody else want to know how you can get more back than what you pay in for taxes? Where does the extra money come from? My cousin only paid around $1500 in taxes last year but she is getting back $4500! How is that possible?

2007-02-09 12:08:52 · 5 answers · asked by Melissa 5

2007-02-09 12:05:53 · 5 answers · asked by Anonymous

2007-02-09 12:01:42 · 5 answers · asked by Anonymous

I recently sold some of my furniture and car. Do I have to report the sales to IRS?

Thanks,

2007-02-09 11:44:59 · 5 answers · asked by NewIntheCity 1

Let's say I buy 100 shares of ABC at $5/share. I sell when the stock goes up 1 point. I make 100 dollars in this transaction with out fees. When I report this sale on my taxes will I get taxed on the $100 gain? Or will I be taxed on the $600? Furthermore, in the same example, if I lost 1 point and I sold at $4/share when I report my losses it goes as $100 dollars so I won't be taxed, correct?
I basically need to know, when I sell stock, do I put some money aside for tax from the $100 gain or from the total sale?

Thank you for your help!

2007-02-09 11:21:50 · 5 answers · asked by Simos 2

Who went through Republic, HSBC, Santa Barbara, or Chase bank to get there refund this year? If you went through a bank through your tax preparer is the IRS holding your money? IF so which bank did you go through that this happened. I just want a vote of the people that this has happened to. I am a tax preparer and I went through Republic Bank and now they are demanding there money back from my RAL that I got because the IRS has not funded it yet. I just want to know so I can dedice what to do about all of my customers that are going to get the same letter that I just got. Has any of the other banks besides Republic demanded there RAL or PERC money back? If so which ones. I have switched over to HSBC Bank as of yesterday to do the rest of my returns.
www.shaydzofluv.com

2007-02-09 11:10:04 · 4 answers · asked by shaydzofluv 2

2007-02-09 11:06:19 · 6 answers · asked by Kayaker0678 2

mother of child signed temporary guardianship over to me from June 2006 to May 2007. Child received medical under my name from June 2006 to Feb 2007. I enrolled child in school under my address until the mother enrolled child in different school Dec. 2006.

2007-02-09 10:46:34 · 5 answers · asked by sue's 3 brats 1

2007-02-09 10:45:48 · 8 answers · asked by MDRIV3R 2

2007-02-09 10:32:05 · 5 answers · asked by jpdrottar 1