United States - March 2007

I think she can still use him as a exemption and claim married filing joint even though hes in jail and has no income. I can't find anywhere it says she can't use him as an exemption, even on the IRS site.. Any one familiar with this type situation?

Thank You

2007-03-15 10:40:58 · 5 answers · asked by tomlh2463 1

In order for me to qualify for this I need to meet this requirement::

"The mortgage or home equity loan must be secured by your home. This means that you specified your home as collateral for the loan."

I wasn't aware that there was anything else I could "specify" as collateral for my loan. If I don't pay my mortgage, the bank gets the house. It's that simple.
So, can I go ahead and take this deduction?

2007-03-15 10:14:33 · 6 answers · asked by Anonymous

2007-03-15 10:14:31 · 7 answers · asked by Tina D 1

2007-03-15 10:05:44 · 5 answers · asked by Everyone 2

2007-03-15 10:05:28 · 4 answers · asked by ucoaroonz 1

When taking deductions, I have to enter the name of my mortgage lender. My mortgage payments have switched around to different loan servicers over the span of my home ownership. For instance, right now and for the past year and a half, I have been making my payments to Home Eq Servicing. The Loan was issued by Wells Fargo, when teh house was bought origionally. So do I enter my current recipient, or the origional Wells Fargo?

2007-03-15 09:57:43 · 7 answers · asked by Anonymous

i placed my stock option form in 2006 tax file by accident and did open the letter until i start preparing last year tax filing. I called the company but got the run around.

2007-03-15 09:53:37 · 2 answers · asked by Anonymous

I was told and shown that taxes on the home I bought was 3,926. Now I find out the former owner, real estate, lawyer lied and the taxes are 5,000 I would have not purchased the home if I had known. Anything I can do so that these people don't keep doing this to others. Do I have a legal case of fraud.

Thanks

2007-03-15 09:51:01 · 2 answers · asked by @@ 1

it says to call with code 1121. I called and was told I was scheduled to have a letter sent March 26!? Why dont they tell me anything over the phone about whats going on? What is going on?

2007-03-15 09:48:56 · 4 answers · asked by brotherless27 2

she wants to get a job at a daycare, can you be 15 and work at a daycare i thought u had to be 16, but is she works at a daycare and be 15 can our mom still clam her on her taxes or does she have to clame herself and do her own taxes?

2007-03-15 09:43:02 · 6 answers · asked by Anonymous

I'm married , with no kids. Should I claim married with 1 or 2 dependants?

2007-03-15 09:23:58 · 3 answers · asked by moni8278 1

I have been living in America for 6 months as a permanent resident. I did not work a single day yet. I went to a university for English classes for 3 months. I want to know what are the forms I have to fill. (1040 US individual income, 1040A.....) Thank you.

2007-03-15 09:18:34 · 2 answers · asked by angelus321 2

I am planning to take prep. course to become a CPA and I currently have a BA in accounting. I heard something that I can get 2000 back in tax credit per year for higher education. Does anyone know it from personal experience? Any more information is appreciated. Thank you. PS. I live in CA.

2007-03-15 08:59:23 · 5 answers · asked by Mariasha 1

Lets say your in a art store or something and you plan to buy 4 marker's eack costing $3.69. How much will it actually cost after sales taxs was added??

And if you could explain how you got the total price.

Thank You!

2007-03-15 08:59:07 · 4 answers · asked by GaMeFaNaTiC 2

2007-03-15 08:51:14 · 7 answers · asked by ucoaroonz 1

2007-03-15 08:39:37 · 2 answers · asked by nita 1

my dependent made $2000 gross last year and tax deduct $980 already. when i claim he as my dependent, how much i could deduct from my tax?

2007-03-15 08:33:09 · 5 answers · asked by alex4travel 1

2007-03-15 08:19:47 · 6 answers · asked by dfny10016 1

I am a resident alien (not a permanent resident or citizen) working here in US. I will be leaving back to my home country in May and if so, can I file my 2007 tax now itself (in May) instead of waiting till April 2008? I know that I will not be receiving any income here after May since I will not be working here.

2007-03-15 08:16:46 · 2 answers · asked by If_in_doubt_ask 1

I bought an item that is valued 200. If it is being shipped from Japan to America, will there be any additional taxes added on by customs? Import tax?

2007-03-15 08:15:37 · 1 answers · asked by KFC s 2

I am on disablity right now due to a chronic and longstanding back pain condition. Occasionally I splurge for a massage because it helps so so much. I am wondering that, since this is being done for (mostly) medicincial reasons can I deduct this on my taxes with the rest of my medical deductions?

2007-03-15 08:11:45 · 7 answers · asked by pepper_0713 2

2007-03-15 08:07:20 · 1 answers · asked by fadlsokkar 1

I am entitled to a large federal refund but still owe a small amount to federal for last year and a large amount to the state for last year. Will the state take their share out of my federal return or will it be my responibility to cut the state a check once I recieve my federal return? Will any of this effect how fast I can get my refund?

2007-03-15 07:55:31 · 6 answers · asked by 13baseball31 1

My mother and I own a house together, but the mortgage is only in my name. If she dies will I have to pay an inheritance tax on her half of the house? The house is in Maine (don't know if that matters).

2007-03-15 07:51:38 · 10 answers · asked by Anonymous

I am a single independent female. Does anyone have any insight as to what type of tax withholding I should claim (i.e. 0 or 1)? I really don't understand the difference between the two. Any information or clarification really would help. Thanks!

2007-03-15 07:48:05 · 5 answers · asked by Faith C 3

A little late but curious. If I had kids but they live with their guardian and I do pay child support would I be able to claim them as dependents?

2007-03-15 07:47:47 · 5 answers · asked by halihalo 2

I have gotten alot of good info the past couple of days about depreciating rental house but still confused about the house value I should calculate, i gotten some info on use the value i paid for it 14 years ago plus points and closing cost, and i've read use fair market value at time of change over to rental 4 years ago. if someone can direct me to where i can make sure one of these answers are right would be nice.

2007-03-15 07:39:12 · 4 answers · asked by Anonymous

My accountant says to hold on to my receipts for home improvements, and basically anything that I spend money on my home for tax time. Does this mean that I get that money back at tax time? I am brand new to this so any info would help.

2007-03-15 07:37:13 · 5 answers · asked by bosco_industries 2

My fee for services is $90.00 an hour (therapy hour) . Many of the contracts (insurances etc) I receive pay $60.00 an hour . Can I deduct the difference ($30.00) for every hour that was not paid in full.

2007-03-15 07:35:13 · 3 answers · asked by Anonymous

Im 21 and know little about taxes and what i can and cant do. Anyway i just got a cp2000 in the mail stating i didnt claim some income i had last year. Im a freelance camera operator for television so i recieve many w-2s and 1099s. I waited until the week before the deadline to make sure i got everything and i still didnt. Since i didnt get a 1099 i forogt and never claimed it, it was $4400.00. I am wondering how i can get around paying the 1400 they say i owe. Someone said maybe a scedule c, which is a business write off form. The only thing about that is i dont have any of the reciepts for anything. Can i just do it and hope i dont get audited? Are they going to ask for proof? Please some help because i dont have 1400 laying around for the government. Thanks.

2007-03-15 07:22:47 · 3 answers · asked by NHUTCH 2