United States - March 2007

2007-03-25 11:37:30 · 5 answers · asked by Anonymous

My wife makes 16,000.00 a yr and H&R told her to claim 4 on her paycheck , I will be making over 38,000.00 a year that is why I asked...Thanks for the answers so far...

2007-03-25 11:10:50 · 4 answers · asked by broken hearted 2

2007-03-25 11:02:16 · 8 answers · asked by broken hearted 2

When I relocated early last year, I moved first and took a truckload of personal items and towed my car. Six weeks later, I went for the rest of my family and second car (also towed). Can I claim the qualifying expenses for BOTH legs of the trip? My family also travelled with me on the first trip. Can the plane tickets for their return trip be deducted? How about my plane ticket for returning home for the second trip? My spouse does not meet the time test, but we are filing jointly.

2007-03-25 11:00:17 · 4 answers · asked by Svenghali 1

I have a loan that allows me to make a payment that is less than the monthly interest owed. I have never taken this option, but if I did would the interest that is charged but added to the principal instead of actually paid still be deductible on my taxes?

2007-03-25 10:55:20 · 3 answers · asked by David G 2

I sold some stocks this past year and received a "Form 1099-B". I understand that I am supposed to fill out a Schedule D using this information, but I don't understand what I list in columns (d) and (e) in order to determine column (f)--the Gain or Loss. In column (d) do I list the total proceeds I received from the stock sale (as is listed in 'box 2" on my 1099-B)? And I have no idea what to put in column (e)--the "Cost or other Basis". My particular confusion revolves around the fact that I purchased this stock about 17 years ago and it has obviously changed a lot (split, etc.) over that period. So while this past year I only sold a portion of the shares I own, I don't know how that compares to when I purchased it. In other words, in column (e) do I report what I paid for everything that I bougt in 1990 or just a portion of it?
Thanks for any information you can give me.

2007-03-25 10:05:34 · 1 answers · asked by xander_earl 2

I became an independent contractor this past January when I began tutoring high school students. This is in addition to my full-time job. I would like to pay my taxes quarterly so I don't end up with a huge amount to pay next year. Can anyone point me in the right direction to estimate the taxes I owe?

2007-03-25 09:30:51 · 3 answers · asked by Amsiar 4

i have 2 jobs. one takes out taxes and the other does not. Unexpectidely, I ended up working alot in my 2nd p/t time job, where they did not take out taxes (no Fed income, no CCN, and no medicare). I can handle the payment for the fed taxes but I am not sure about what do I do about the other two....need help... I dont know if this helps but I was a student till may '07 last year....

2007-03-25 09:29:53 · 4 answers · asked by gaurav_43 1

I am using someones credit card & pay them $100 per week cash & they don't want a 1090 at the end of the year. What can I claim the $100 per week as?

2007-03-25 08:51:19 · 4 answers · asked by Anonymous

I live in NY and work in Ct - Are my Federal Capital Losses carried over to my CT state tax report ?

2007-03-25 08:06:43 · 2 answers · asked by John W 3

2007-03-25 07:59:34 · 3 answers · asked by Russel M 1

I don't enough medical expenses for the year 2005. Can I accumulate expenses from 2005 & 2006 and deduct them on my 2006 tax return?

2007-03-25 07:59:12 · 5 answers · asked by Anonymous

2007-03-25 07:07:03 · 3 answers · asked by nmikki2002 1

I'm going to take over my Father's buisness and he owns a tax servise. He took classes by USC and I want to know the best college to become a tax accountant, financial planner, and a stock broker. It doesn't matter where it is or how much it cost.

2007-03-25 06:31:07 · 4 answers · asked by Anonymous

can some please suggest, I have to file my W2 returns. To add a dependent is there any seperate form? How to get child credit? what is form 8812 for?
Please help me.

2007-03-25 06:14:03 · 1 answers · asked by smile 1

2007-03-25 06:10:12 · 5 answers · asked by jimbob 2

I am taxed on my paycheck, then when I go to the store to buy something, I am taxed again.

Whats the deal here?? Why is this allowed?

2007-03-25 06:09:41 · 3 answers · asked by tapc101 2

There's a vast underground economy in the US that never gets taxed. All of the honest citizens who pay everything they owe get completely screwed by these scammers. We could reduce taxes for everyone (and I suspect substantially) if the scammers couldn't get away with it. Surely, there's an alternative to the present system!

2007-03-25 05:15:52 · 6 answers · asked by Anonymous

2007-03-25 03:40:22 · 5 answers · asked by sdtex 1

2007-03-25 03:40:01 · 4 answers · asked by Anonymous

2007-03-25 03:11:03 · 2 answers · asked by Anonymous

2007-03-25 02:56:23 · 6 answers · asked by Tracy H 1

i owe $432.00. What will be the best payment arrangement for me. I cant pay this amount once. Can I have the idea of the interest.Any help
Am I qualify for 120 days extensionor should i do payment deductions from my checking account

2007-03-25 02:24:45 · 2 answers · asked by yankieby 1

Instructions for 1040A states that :
You can use Form 1040A if all six of the following apply: Condition No.2 doesn't apply for me.
Condition 2:
The only adjustments to income you can claim are:
a. Penalty on early withdrawal of savings.
b. IRA deduction.
c. Student loan interest deduction.
d. Jury duty pay you gave your employer.
I am not claiming any adjustment to my income.
I want to use Form 1040A for claiming Child Tax Credit.
Can I use Form 1040A?

2007-03-25 01:53:33 · 3 answers · asked by alertpersons 1

What are the tax consequences for income overseas? I will not be filing in China but want to know about the U.S. I know that up to $84,000 dollars in foreign income can be tax free if you stay over one year but I will only be here 6 months. Any help would be appreciated.

2007-03-25 01:29:19 · 5 answers · asked by China 1

I heard that there was a way that you can actually pay another person unpaid property taxes and own their home....and once you pay the taxes thats it...no morgage....is this true? has anyone ever tried this?

2007-03-25 01:22:49 · 2 answers · asked by Anonymous

What are the the pros and cons of taxing internet purchases? Should internet purchases be taxed?

2007-03-25 01:05:45 · 3 answers · asked by QDPie 2

My sons father owes close to $8,000.00 in back support and even though he has 1099"s from jobs worked off and on he refuses to file . I haven't recieved any payment in 90 days now atleast and I can't seem to get help with both states{ where he lives and my current state of residency } or with Supportkids...He is flagged for IRS interception but why isn't anything being done to make him file return? Also they can't get in contact with him and have no current address acording to his grandmother at last known....he was on some sort of probation for other criminal activity and probation should have accurate address right? Why can't CSE call law enforcement OR state DOC? What do I do? Is there anyone who can/will help? My sons father lives in Colorado if this helps any. Thank You.

2007-03-24 22:57:33 · 4 answers · asked by rsnothelping9 1

I really want to look into getting my tax license, but I don't know how to even start. Where do you go? How do you get started? Are there certain classes you have to take?

2007-03-24 20:42:57 · 5 answers · asked by ? 2

2007-03-24 20:37:12 · 3 answers · asked by ibbey01 1