United States - March 2007

He took off to Louisiana to avoid state taxes and child support

2007-03-22 09:07:16 · 4 answers · asked by Anonymous

H&R Block messed my taxes up and now its going to take 2 more months to get my refund and the IRS said there 's nothing they can do what can i do to try to get my taxes back faster

2007-03-22 08:57:47 · 5 answers · asked by lynia_edwards 2

2007-03-22 08:57:35 · 5 answers · asked by The Turtle 2

My grandparent live in NJ. They are retired seniors with absolutely no income, meaning no federal money or retirement fund. Do they have to file a federal income tax return?

2007-03-22 08:24:46 · 14 answers · asked by Anonymous

I have a friend who hasn't paid taxes in 8 years. What kind of advice should I give them?

2007-03-22 08:14:14 · 6 answers · asked by ? 2

I've filed both my Federal and Maryland state tax. Just found out that I missed 2006 margin interest on my tax return. It's about $1500. I did have a net capital gain over $1,500. How can I add the margin interest to my 2006 return? Or can I simply add that amount to my next year's return? Thanks!

2007-03-22 08:12:33 · 3 answers · asked by Rainbow 1

I bought 1000 shares MBNA stock at $25 dollars back in july 05.

MBNA was acquired by Bank of America and the transaction completed in 1/3/2006. I received $4,125 in cash and 500 shares of BOA at $47.08.

How do I record this transaction for the IRS? On my 1099 form, only the $4125 was reported to the IRS. Do I have a cost basis of $25000, and hence a loss of $4125-$25000 = $20875?

Thanks for your help!

2007-03-22 07:57:02 · 4 answers · asked by tc61380 2

My company provides a fully paid old fashioned pension plan that can be paid out in lump sum or annuities. I will be getting an increasing joint survivor annuity payment that starts at $1600 per month and goes up 2% a year.

2007-03-22 07:55:02 · 6 answers · asked by Michael K 1

Does anyone know if the Commonwealth of Virginia allows taxpayers to pay their dues through installments? I think this year I owe more than I can pay at the moment. I tried looking at the Virginia Dept. of Taxation Web site but to no avail. Am I looking at the wrong place or is there simply no method of paying in installments for state taxes?

2007-03-22 07:43:28 · 1 answers · asked by leebs65 1

2007-03-22 07:17:37 · 3 answers · asked by Bill 1

2007-03-22 06:50:51 · 2 answers · asked by jackieo 2

What can I do? I've already made 3 attempts, and they keep telling me they will send them out. I'ts been over a month since the last time I called! Now what!? I worked as a Loan Processor. I never got paystubs, it was always cash/checks. Can I file my taxes without them? Can't my former employer get in trouble for that?

2007-03-22 06:49:37 · 8 answers · asked by eastmain700 1

it doesn't seem fair to me. i'm not saying that the government should only have 3 years to catch fraudulent files because obviously that would pretty much encourage people to commit tax crimes but if the government doesn't have a time limit to catch tax fraud, taxpayers should also have the ability to re-file for a mistake on taxes if it benefits us. for instance, if i found out that i incorrectly filed my taxes from 5 years ago and that if it was filed correctly that i would've gotten a bigger refund, why shouldn't i be able to collect on that? a mistake is a mistake whether it's 3 years or not, or whether it benefits the government of the people.

2007-03-22 06:48:50 · 2 answers · asked by tom l 3

i want to contribute 100% of my pay to my 401k. but someone told me 8.25% needs to be held for taxes so i can only contribute 91.75%. is that true? because i thought the purpose of the 401k is to defer tax?

2007-03-22 06:43:19 · 3 answers · asked by Anonymous

need the proper address to mail 2007 ESTIMATED tax

2007-03-22 06:25:30 · 3 answers · asked by charlotte q 2

I have been claiming my mother as I qualifying relative (met all test) on our return. She passed away in January of 2006. Can I still claim her on 2006 return.

2007-03-22 06:08:04 · 2 answers · asked by kitten0512 1

The mortgage is in my father's name. The total amount is for materials. I am not earning any money for labor. How can I write this amount off on my taxes?

2007-03-22 06:07:34 · 1 answers · asked by Greg K 1

I built a garage and deck on my rental property but not sure how many years these are depreciated .

2007-03-22 06:07:14 · 3 answers · asked by tlfranklin61 1

2007-03-22 06:06:14 · 4 answers · asked by Charles P 1

MY PARENTS CLAIM MY 2 KIDS AS DEPENDENTS BECAUSE WE LIVE WITH THEM. THE TAX PROGRAM I AM USING GIVES ME THE CHOICE TO USE THEM AS NON DEPENDENTS THAT QUALIFY FOR THE EIC. CAN I REALLY DO THIS?

2007-03-22 05:55:22 · 5 answers · asked by mail4melis 2

I participated in several 5 and 10k local running events last year. Since the entry fee typically goes to some type of non-profit organization, can I write off the entry fees on my taxes?

2007-03-22 05:40:30 · 3 answers · asked by elcampeon17 1

What are personal and witholding allowances, and how do you find out the total of allowances you are claiming for federal and state? If I am a full time studen and make less than $500 a month, can I claim exempt from tax? How can I find out how much I should have state/federal tax witholding? please help!

2007-03-22 05:27:53 · 4 answers · asked by mc24 1

I have been offered a personal loan from a company that communicates to me from Toronto Canada, however, they say their home office is in New Hampshire. I can't find a listing for them in the states anywhere. First, they told me I had to pay for an insurance policy in case I defaulted. Now they are saying that I have to pay for an International Border tax. Does anyone know if that is legal or legitimate? Thank you.

2007-03-22 04:56:55 · 3 answers · asked by Mary N. 2

If you can show me what publication specifies it that would be great. Thanks

2007-03-22 04:31:54 · 3 answers · asked by drummerbrad05 1

2007-03-22 04:03:20 · 2 answers · asked by Anonymous

any special reason

2007-03-22 03:58:17 · 5 answers · asked by carlos thunder 2

do I use?

2007-03-22 03:55:29 · 5 answers · asked by Lisa S 1

I've been working as an independent contractor for the last threes years. I keep a log of the income I bring in and use that at tax time. (most of it cash, checks) However, last year I was issued a 1099 from a company that I did some consulting work for. For this year taxes I have the one 1099 from this company plus other cash income from the business. I heard having one 1099 form maybe a problem for the IRS. Is this correct? ANy advice would be greatly appreciated

2007-03-22 03:50:18 · 5 answers · asked by Anonymous

2007-03-22 03:38:52 · 5 answers · asked by blackravynn1369 1

2007-03-22 03:38:16 · 3 answers · asked by specialK 1