United States - March 2007

I'm Mexican i have a business registered in Mexico. And I'm planning to sell my products to USA business in the future. Do I need a Tax ID to report taxes? Should I charge them a Tax% if I sell them through the Internet?

I heared theres a special Tax ID No. for aliens and Non US Citizens.

2007-03-16 12:38:41 · 1 answers · asked by eomga 2

His salary will be around $120,000 per year and we have no idea which percentage is deducted.
I will appreciate a link... I have been browsing and I am finding just bla bla and no numbers!

2007-03-16 12:08:11 · 3 answers · asked by Nena 3

What do you think? Would everyone benefit..or not?
Thanks!

2007-03-16 11:17:03 · 5 answers · asked by Quizgrl 3

"# of exemptions" on a W-4 and "# of dependents" on a 1040.

2007-03-16 11:08:44 · 5 answers · asked by Strokes 1

Never had this situation come up before...I have an 80 year old man who designated his son as his power of attorney. Can the son just sign the federal return or do they need to sign form 2848? 2848 appears to be more for lawyers. It will be difficult to get the elderly man to sign again, he is in very poor health.
Thanks for your help!

2007-03-16 11:01:05 · 5 answers · asked by T H 4

how can I secure my wireless connection since this may make me vulnerable to intruders?

2007-03-16 10:57:24 · 2 answers · asked by Strokes 1

Do I have to file income taxes if I only made $3,900?

2007-03-16 10:54:02 · 6 answers · asked by greeneyes 1

im in sales and over the last few years i have been paying a lot in taxes so i can get big returns...this last year i decided to claim more to have the money now as opposed to later...i think i may owe (not sure yet)...if i do, do i pay right there w/ my tax guy or does the IRS send me a bill???

trying to plan ahead...thanks!

2007-03-16 10:50:00 · 4 answers · asked by FIGHT ON! 4

We filed our state taxes by mail (GA) and it has been 6 weeks and they still have no record of it. We did our federal taxes by efile using Turbo Tax (w/ no problems) and declined filing state that way in order to save money. Now I am thinking since they havent recieved the return I mailed in, what if I go back and efile it using turbo tax. What will happen if my mailed return shows up later? Will I be "in trouble"?

2007-03-16 10:27:55 · 3 answers · asked by Mary H 1

Hi I have a small business and have carryover of expenses that were not allowed in 2005 as I posted a loss that year. I have money in line 41 of the 2005 form 8829. I want to apply those carryovers to this years taxes and am unsure where to do it on the forms. My tax software says I need to attach a statement when I enter the carryovers. What do I enter as my statement and where (on which form) is the carryover amount entered? DO I need to file a form 1045 as well?

2007-03-16 09:52:29 · 3 answers · asked by enig m 1

I was told they would send me a 1099 misc. I have not received it yet. How long do they have to send a 1099 misc? Is there any cut off date? What if I never get the 1099 misc? What is my responsibility in this?

2007-03-16 09:00:07 · 5 answers · asked by Anonymous

I wanted to see if another well-known company would come up with the same amount as I did by preparing them myself. I was a little bothered from the moment I called them, because they wouldn't even tell me how much I could be charged. They were rude, but also said that I did not have to pay if I disagreed. So, I went to see for myself. After he showed me what I would be getting back, I was so shocked to hear how much they charged and told him there was no way I could afford that. He said the fee was something we could have discussed before he started, but I said, "No--that's not what they told me on the phone; they wouldn't even give me an amount". My husband told me to just leave and have them put it on hold because we can finish them ourselves for a lot less. When I got home, I realized that they still have my W-2 forms and I need to get them back. I fear that they will be nasty with me when I tell them that I wish to take my business elsewhere. What do you think?

2007-03-16 08:55:14 · 10 answers · asked by CCL 2

Looks like the tax forms has a mandatory field for spouse's social security number, but she doesnt have one yet.. I support her financially, but how do i file?

2007-03-16 08:09:33 · 12 answers · asked by saudoo7 1

I am using HR Block electronic filing and am wondering if I have to enter both W2's in the Income section on my federal return. I worked 5 weeks in NJ and the rest in NY, but for the same company, which accounts for the 2 W2's. Wages and Taxes are the same on both (boxes 1-6) and the only difference is boxes 15-19. On my NY W2 box 16 shows the same balance as box 1, but on the NJ W2 it shows the amount I earned there. My final pay statement shows the amount on the NY W2, which means that balance includes my NJ earnings. I don't know why they aren't separated?

I entered the info from both W2's in the Income section, but it doubled my actual income, so that's my problem. I assume I don't have to enter both. Should I only enter my NY W2 information, since that's where my home office is, my residence is, and where i work the majority of my time, and use the NJ W2 when calculating my State returns? Either that, or are my W2's incorrectly showing the same total earnings in box 1 on both?

2007-03-16 08:09:26 · 3 answers · asked by bbjay20 2

She is single and doesn't worked or studied.

2007-03-16 07:47:23 · 6 answers · asked by Ilop 1

2007-03-16 07:46:15 · 3 answers · asked by Lucy 3

I've heard it was seven years but want to make sure.

2007-03-16 07:38:22 · 8 answers · asked by blutoadmirer 2

No, the answer isn't subtact the net from the gross off your paycheck and take that amount and divide it from your taxable wages.

I would like to know whats the actuall number the IRS uses to take tax money and make deductions from your paycheck. For example I had one pay check that had FED INC TAX percentage deduction of taxable wages was 9.14% and another check that was only $76.00 more and that FED INC TAX percentage deduction came out to 9.50%. So obviously if you make more, the amount they take out will increase, thus theres a common number they use to make deductions based on your taxable wages.....and thats the number I would like to know. Thank you.

2007-03-16 07:26:44 · 4 answers · asked by For Real 4

I am working on my taxes & am hosting a Foreign Exchange Student from Denmark. I would like to know if there are any tax breaks or credits I can use.

2007-03-16 07:20:43 · 3 answers · asked by Jeeper64 2

iI am filing from turbotax.comn and It is Asking for Zip Code and place of Residence as December 31, 2006

2007-03-16 07:06:13 · 4 answers · asked by Dahlia and Andrea 1

How can I save tax on my losses?

2007-03-16 06:50:30 · 4 answers · asked by Guggu 1

i want to file taxes jointly with turbotax. but i choose file jointly it asks me for the names and never ask me again for the spouses income just for the taxpayer.

2007-03-16 06:22:01 · 4 answers · asked by tironci 2

I am young just about 12 months out college and make a decent salary. I claimed many deductions on my income. I just found I may owe close to 8k in taxes. Is there any way to avoid paying these income taxes. I am extremley close to buying several income properties as investment and fear this will be a huge setback. I hate the IRS and will do anything excluding going to jail to avoid paying these income taxes. Should I create Phony deductions, charity scams. I will not give the IRS all this money so it can be misspent on stupid federal goverment burecratic programs. Please help

2007-03-16 06:18:17 · 6 answers · asked by v s 1

2007-03-16 06:11:50 · 3 answers · asked by Crystal M 2

Annual income below 12,000.

2007-03-16 06:11:07 · 7 answers · asked by Anonymous

My boyfriend has a child with a married woman. When he was going to do his taxes the woman said that my boyfriend can claim the baby because she wasnt going to give her husband the social security number to claim her. Does anyone know if that is possible and if the IRS will catch that??? Please help me!!

2007-03-16 05:36:59 · 8 answers · asked by Anonymous

When she hired me she took advantage of the fact that I knew nothing about "self employment", so when she told me that I would be working for her real estate office as an administrative assistant/secretary and working 40 hours a week, for $8 dollars an hour, but I would need to do my own taxes, I was apprehensive but needed a job quick. I have come to find out that she is taking advantage of me. I am having to take out a substantial portion of income to keep up with the self employment taxes. She told me that I am an independent contractor and do whatever she says, and once in a blue moon she will have run an errand locally, but 99% of the time, I sit behind a desk and take orders from her all day. I am even admonished if I am 2 minutes late. She said that all her agents, including herself, are independent contractors and self employed, but they get commission and such. I work the same hours-mon-fri. How do I go about reporting her? Am I right do do this? I want to find another job...

2007-03-16 05:35:00 · 8 answers · asked by Anonymous

I drive to work as an independent contractor in 2 locations and as an employee in third location that is 40 miles away from my home office. I do the same type of job in all three locations.

2007-03-16 04:34:34 · 5 answers · asked by Sam 1

2007-03-16 04:16:00 · 4 answers · asked by joshuadanewoodward 1

2007-03-16 03:56:08 · 4 answers · asked by Anonymous