United States - March 2007

i am tranferring to America with work and applying for an L1 visa - what tax would i be paying if i was earning $75000 per year

2007-03-19 05:00:46 · 2 answers · asked by JDA 1

I know someone who is going to cheat on their taxes and lie about a claim that will get them money that they don't deserve. This person is a liar and a thief who constantly does things like this and it really makes me mad! Can I do anything about this? Thanks!

2007-03-19 04:58:27 · 20 answers · asked by sweet_and_fabulous_female 3

2007-03-19 04:51:47 · 8 answers · asked by cramburger 2

Typically on 1099- line 6- Foreign tax is reported which shows up as a credit in 1040. In 401 K- Brokerage house do not send 1099 or they don't report foreign tax taken out to IRS- so how do you take the credit ?

2007-03-19 04:38:34 · 3 answers · asked by Girish 1

My wife and I are applying for a mortgage and we were both in Grad School the last 2 years. We both had part time jobs, but didn't make enough money to file for a tax return. The loan officer would like copies of our W2's for those years for the loan.

2007-03-19 04:10:42 · 35 answers · asked by Anonymous

We have yet to file our 2006 taxes, but I know I'm getting divorced. So the question is about our refund and the 1099-G for 2007 taxes (i.e. taxes I owe in 2008). We've only been married 10 months, so we've never filed married before. The house is still in my name and I've been making all the mortgage payments (all the bills actually), so the interest deduction is "mine", which is the lion share of the refund. So if I file "married joint" and am kind and give her half of the refund, what happens for my tax liability for 2007? Do I alone get the 1099-G for $7,500 in tax refund and owe (in 2008) in taxes nearly everything I got for dividing the refund? Assume I can't hit her up next year for some money to cover the taxes on the refund. Should I ask her to file "Married/Separate" or "Individual"? We may lose a little total, but I don't want to get saddled with the tax burden of the whole refund if I give her half.

Thanks in anticipation!

2007-03-19 04:00:45 · 4 answers · asked by glitch_kc 1

I am a Lions Club member and wondered if the money I spend on dues and auto are considered charitable contributions per IRS rules? Is Lions a 501(c)3 organization? Please give reference. Thanks.

2007-03-19 03:03:53 · 6 answers · asked by Ellie 2

There is a bill theyre trying to pass that will swap your RE taxes for higher 8.5% sales tax. If you're interested in having the bill passed, let your voice be heard on this site:
http://www.nomorepropertytax.com/

2007-03-19 03:03:16 · 4 answers · asked by mstrywmn 7

OK, my parents house was in foreclosure, so I bought it and got a mortgage on it. After a year and a half, they bought it back from me. Part of my sale to them was a "gift of equity" of about $48,000, so that they could obtain a mortgage. Do I need to report this "gift of equity", and if so how? From what I've read, it appears I need to file a gift tax return, but (since this is my first gift, I'm well under the $2,000,000 lifetime limit) I won't need to pay any tax on this. Am I correct in my understanding of this?

2007-03-19 02:21:52 · 3 answers · asked by Charlie Brown 1

i am currently living in philippines, is there a web site to find out about indiviuale taxes. i do not know what happened to my last years refund

2007-03-19 02:15:28 · 4 answers · asked by bob_bill125 2

2007-03-18 22:09:13 · 9 answers · asked by Anonymous

2007-03-18 20:01:02 · 5 answers · asked by teacherkuwait 1

I am getting ready to file my taxes tomorrow and am wondering how much I can expect to pay to do a refund anticipation loan. Or am I even eligable. I owe for last year but am getting over ten times what I owe back this year. If I owe the state will they garninsh my federal refund?

2007-03-18 19:48:28 · 5 answers · asked by 13baseball31 1

2007-03-18 18:04:59 · 3 answers · asked by chefjoezieger 4

2007-03-18 17:55:56 · 6 answers · asked by chefjoezieger 4

Can a parent(who is the rep.payee) of her 24 disabled daughter's monthly SSI check, claim her as a dependant and/or recieve exemptions, even if she doesn't live with the parent?
What are the guidelines for claiming someone with a disability as a dependant?
I also wanted to ask this same question only regarding the boyfriend of the disabled daughter. Can he claim her as his dependant and/or recieve exemptions for her, if shes been living with him for over a year and hes helping to pay for her expenses?

Please reply if you know the answer or have any helpful advice besides restating the tax guidelines. Thankyou.

2007-03-18 17:41:47 · 3 answers · asked by allmixdupagain 1

I became divorced and was unable to pay even the minimum amounts. I used a debt settlement company who told me I could show insolvency and not have to claim the 5,000 as income. But I don't know how to proceed.

2007-03-18 17:22:30 · 2 answers · asked by Anonymous

2007-03-18 17:14:20 · 5 answers · asked by bulldogg317 1

2007-03-18 17:06:21 · 3 answers · asked by JL 1

My girlfriend owes lots of tax money. When I am filing on an online site it says she can pay later with a payment voucher. What is that, and does she have to pay by Apr. 14th? Can you pay in installments when you owe?

2007-03-18 17:02:01 · 4 answers · asked by Anonymous

last year I was mainly employed: this year I will have significantly more income as an independent contractor. So I can't go by last year's tax results. thanks.

2007-03-18 17:00:01 · 1 answers · asked by djbod2006 2

I paid $2,000 in July and $2,000 in Sept for real estate taxes. I then sold the home in December of the same year. At closing, the prorated tax I paid to the buyer was $4,200. Can I claim both the 4k I paid the county and $4,200 I paid the buyer on my Sched ule A Line 6 tax form ($8,200 in all)? Thanks!

2007-03-18 16:55:44 · 2 answers · asked by stevesmith_tinman99 1

2007-03-18 16:51:11 · 8 answers · asked by Anonymous

2007-03-18 16:39:47 · 5 answers · asked by dennis f 1

I submitted my federal taxes online, but didn't have the stuff needed for the online signature, and they said I had to mail a form it, but I didn't get a copy of the form. Does anyone know what it's call, like by which numbers?

2007-03-18 15:58:59 · 2 answers · asked by locusfire 5

2007-03-18 15:47:49 · 1 answers · asked by resquivel72@verizon.net 1

2007-03-18 15:26:41 · 7 answers · asked by resquivel72@verizon.net 1

Hi,

When you want to file for an amendment of a 2005 tax return, I understand I need to file 1040X. What attachments go with, do I need to attach a copy of my original 1040 and also the new 1040, or just the 1040X with the concerned schedules enough.

Please advice.

Thanks

2007-03-18 15:07:16 · 5 answers · asked by theguy 1

2007-03-18 14:57:45 · 10 answers · asked by Anonymous

Can I use my daughters pre-school fees for claiming education credits(line 31 of form 1040A) on my 2006 tax return - filing joint return with my spouse?

2007-03-18 14:51:17 · 6 answers · asked by Surie 1