United States - February 2007

i believe i made one. i claimed more than allowed under tuiton and i already sent it in.

2007-02-03 14:52:41 · 11 answers · asked by Susan 2

I have problems defining my tax filing status. My wife and I got married in June of 2006. I worked all year in NYC and my wife till August in Boston. Even though I worked in NYC, my official residence was in Boston, MA till MArch. My wife lived till September in Boston before she moved to NYC. Do I file "married filing jointly"? We had different residences and it seem that the State filing requires us to file the State as "married filing seperat"? Can I in this case file as head of the household for MA since i financially supported the residence ?

2007-02-03 14:50:41 · 2 answers · asked by klinge73 1

2007-02-03 14:44:58 · 7 answers · asked by ta,mmyt 1

I I sure hope so need money 2 travel back lol can I file only state taxes n current state What about? SS#

2007-02-03 14:43:30 · 1 answers · asked by ta,mmyt 1

The agreement and 1st payment was reached in Nov. of 2005 and I made the last payment in July 2006...Didn't get a1099 from them.

2007-02-03 14:35:31 · 1 answers · asked by jerryscoins 1

Hello. I have a question about taxation of pay. My husband is an actor, when he signs a contract to do a project, it states rate of pay for the day and that residuals are to be paid to him (whatever the stipulations may be). Why are his residuals taxed soooo high? It's about 47%! It's taxed like a bonus, but it's actually part of his pay, so why does the government do that? Are they just trying to take more taxes from the more highly paid actors and raping the little guy in the process? Cause that's how it feels.

2007-02-03 14:25:48 · 2 answers · asked by Chellebelle78 4

I worked in two different states this year. How do I file for the federal income tax return? Do I need two 1040 Form sent?

2007-02-03 14:22:06 · 4 answers · asked by Sean 1

2007-02-03 14:20:13 · 4 answers · asked by Anonymous

2007-02-03 14:15:31 · 3 answers · asked by michael m 1

also no one has the right to claim her am the sole provider i am just confused on what is gonna happen i already contacted the irs but there no help now i have to wait forever to get my taxs back.it is crazy why people r like that.

2007-02-03 14:09:13 · 10 answers · asked by shell 2

My wife and I won a Dell Laptop from ePrize last summer. We were told that although the prize was free we would have to pay a tax on it.

Well...it has come time to pay our taxes and we have not received our required 1099 tax form from ePrize. I have called and left four messages with them and they have not gotten back to us.

My question is: when is a 1099 tax form required to be mailed and received? And: should I contact the IRS? Are they in violation of any laws since I have not recieved the 1099 tax form yet?

2007-02-03 14:08:54 · 3 answers · asked by Justin P 1

i'm a single mom, my daughter is in my native land. i live here in US alone, i don't have any dependent here, i don't have a house. i worked a lot last year, making my gross high. i send most of my money to my daughter & family. when i file income tax, i wonder if i can claim my daughter as my dependent even if she's not here & even if she doesnt have social security number. i do have proofs of remittances. and my daughter's documents.

2007-02-03 13:54:35 · 4 answers · asked by bettina 1

I made 7 trades in 06 and am filling out a D-1. Just to make sure I am getting this right: Column d is the Sale price? (the total amount received upon executing the sale) Column e is the Price I paid for when buying, right? If e is $100 and d is $80...then my LOSS will be reported on column F, right?

*note my short term gain is $2,000*

Now, what doesn't make sense is the form D-1 is asking me to add all the amounts from Column d, which comes to $14,000 and then to combine the amounts in column f, which is my gain of $2000...making Part 1 of Sched. D, line3 $16,000...Why do they want the Sales price totals???

My main goal is to offset the short term gain of $2000 with my single-transaction, Long term Loss of $5000...making the loss of $3000 for the year.

It is just scary to see such a high amount for column D without showing for column e.

Is this right?

2007-02-03 13:51:34 · 2 answers · asked by Anonymous

2007-02-03 13:38:29 · 6 answers · asked by Jack 1

My mother filed my taxes wrong last year and I ended up owing the irs $1,000.00. I'm a student and have a part time job. Is there any way to fix the problem?

2007-02-03 13:34:12 · 9 answers · asked by Firas 2

2007-02-03 13:33:18 · 8 answers · asked by Chris A 1

I own two houses in two different states. One house I've owned for almost three years but have rented it for the last year. I didn't claim it as a rental last year, but if I don't sell it soon I guess I have to claim it as a rental. Do I have to pay capital gains on a rental property even though I've owned it over 2 years? Also, we've lived in our house now for almost a year and therefore didn't claim it last year. My wife and I combined probably make less than 20 thousand/year. How much capital gains will we pay in this lower tax bracket? Also, is it legal and also advisable to take out a 2nd mortgage to decrease the net gain to pay less capital gains? Is that possible? Someone told me to pay off everything we could with that 2nd mortgage to be less targetted by auditors. Does this sound reasonable? Any help soon would be greatly appreciated!

2007-02-03 13:25:16 · 4 answers · asked by uoynossip 1

Do I need to file taxes for this form?

2007-02-03 13:24:54 · 4 answers · asked by saleen10power 1

My 20 yr. old grandaughter lived with me this year she only worked one day .I made less than $20,000.Can I file for earned income?

2007-02-03 13:24:43 · 5 answers · asked by Patricia B318 1

I am currently a student, getting ready to file taxes. My mother does not have any income (besides SSI). I work a job while going to school and during the summer and I have helped her with many of her bills. A freind of mine told me that I am able to claim her as a dependent. Is this correct? And if so is this any in partciular that I would have to fill out, etc.?

2007-02-03 13:22:53 · 5 answers · asked by pgoods05 2

just personal tax records...I don't have a business or anything.

2007-02-03 13:20:59 · 18 answers · asked by mrsleslie_lady 3

my dad gave me some money (a LOT of it) during Sept - Dec. of 2005. then he got his boxers in a wad and said he didn't, this year (two days ago) he sent me a Misc. Income form from his company. Wouldn't he have had to do that when I filed my taxes in 2006 for me to claim it? or do i have to claim it this year?

2007-02-03 12:46:27 · 2 answers · asked by TrekkieGirl 3

say if my pro. tax was 84 dollars,do i pay it a month or a year?

2007-02-03 12:41:29 · 3 answers · asked by Pooki3 1

My son was homeschooled thru July, turned 19 in August. Tax book says he still qualifies up until age 24 if "full-time" student for at least 5 months of the year, but is not specific about which "full-time" school actually qualifies. Haven't had a problem with homeschool and tax forms all of these years until now. We live in Texas. I have searched the web as much as possible and cannot find an answer - help, please...

2007-02-03 12:21:30 · 7 answers · asked by Anonymous

I graduated from college in April 2006 and am now a teacher. I made $18,000 in 2006. Since I didn't get income until August, my mother said that she could claim me as a dependent. However, one of the criteria for dependent status is being a student for 5 months, but I was only in school for one semester in 2006 (4 months). Can I still qualify for dependent status for this year? Will that mean that all of my federal income withheld in 2006 will be refunded to me?

2007-02-03 12:09:32 · 6 answers · asked by coolman293472 2

2007-02-03 11:50:48 · 3 answers · asked by rapturefuture 7

2007-02-03 11:27:43 · 8 answers · asked by ken 1

I just filed with Turbotax. I don't have to send in anything. Is there any check that the IRS does of my return to match it against a central database of W2s? I am kind of kicking myself for not underreporting of income/overreporting the amount withheld. Is electronic filing really based on the honor system?

2007-02-03 11:09:26 · 14 answers · asked by Mike K 2

I tried to e-file my taxes, but the IRS rejected my return because my mother already filed her taxes and she claimed me. The help center at turbotax first told me that I would have to file by mail, but if the IRS rejected my e-file why wouldn't they do the same if I file by mail? Then they told me to change my dependent status on my taxes and e-file again, but that doesn't solve the problem that I was illegally claimed. What should I do to get the refund I'm entitled to?

2007-02-03 11:08:27 · 13 answers · asked by jflwr 1

i drew unemployment for awhile last year and i haven't received anything from them. Will i get a W2 from them? Or can i go ahead with my return?

2007-02-03 10:59:29 · 8 answers · asked by nascarmommy 4