United States - March 2007

I want to do cost segregation. From what I know, it involves identifying fair market values for short life assets. Do I have to pay for like an appraisal? Can't I just tell my CPA my fridge costs X amount and my new carpet it Y amount?

2007-03-14 11:37:53 · 5 answers · asked by Doris H 1

Do I have to send my W-2 form with my W-7 to apply for a ITIN #? And why can you not file for your ITIN before filing taxes?

2007-03-14 11:18:24 · 5 answers · asked by Anonymous

we pay for education, medical, food, clothing, housing. Does he file a return as an individual and then do we still claim him on our return?

2007-03-14 11:15:32 · 5 answers · asked by f gh 1

Hubby and i not on good terms he is satying with friends (his choice) I asked him if i can get a copy of his income tax return so i can file for financial aid at the college he says with an adittude "if i can find it ill bring it" so if he cant find it where can tell him to go to get a copy??

2007-03-14 11:12:01 · 5 answers · asked by Crystal M 2

2007-03-14 11:01:37 · 3 answers · asked by vonfabulous 1

I went to school in 2005. My employer re-embursed the education expenses in Jan 2006 so I didnt file for education credit on 2005 tax return.
I changed my job in Dec 2006 and I had to return the tuition re-embursement money to my employer as it was less than a year(from the date I was re-embursed).

So my question is that Can I file for education credit on 2006 return for education completed in 2005?

Also, Can I file for education credit for a personal training to learn new programming language for which I wasnt re-embursed by my employer?

Please let me know.
Thanks!

2007-03-14 10:46:03 · 3 answers · asked by Keyur I 1

2007-03-14 10:27:21 · 4 answers · asked by sheane561973 1

My employer has agreed to pay me under the name of a business. I have heard if I start a business and get paid under the business name I can pay less taxes, Is this true ?
My second question is which form of business should I go for ? LLC or Sol P. to pay less taxes ? Im not worried about liability

2007-03-14 10:22:48 · 4 answers · asked by alireza_f 1

i like to change it to driect deposit is to late to do it or not
because my refund check is schedule to out on march 23 2007

2007-03-14 10:19:36 · 5 answers · asked by mic4579 1

My husband and I are claiming 4 businesses (2 each) that we ran out of our home last year....so how do we put in our home info on all of them? Should we claim rent, sq ft used, utilities, etc for each??

2007-03-14 10:08:34 · 2 answers · asked by Steenskees 2

2007-03-14 10:06:59 · 6 answers · asked by Scott C 1

I didnt file my taxes last year and i was expecting money back. Do I have to jump through hoops to get my money, or should i just forget about it? What forms do I need, etc....? Can I efile, or does it have to be sent in?
Thanks.

2007-03-14 09:54:03 · 12 answers · asked by nissx240 2

I am a nurse and work for uncle sam in the military reserves, where can I find a guide to know everything I can claim as deductions on my taxes???

2007-03-14 09:28:46 · 2 answers · asked by ERIC K 1

Hey Rob,

I guess I can't reply. Questions and answers only here.

So my question is about your statement;

If you defaulted on your Student Loan your refund WILL be offset to pay towards the debt that you owe

I have a student loan that is defaulted, 18 years ago btw.

In the past 10 years it has NOT been offset/garnished.

What makes you say it will be?

Furthermore my original question was regarding the statement in the 'Where's my refund' section, not your opinion on if I will be or not, garnished. Also my wife has defaulted student loans and she gets her refund every year just like me. Hers is 6 years old, the defaulted loan.

Anyway, if you have any information about the question I asked, not your opinion, please assist me.

Thanks

** We filed jointly fyi.

2007-03-14 09:22:43 · 3 answers · asked by mybennettfamily 2

2007-03-14 09:13:57 · 4 answers · asked by jennikj 1

2007-03-14 09:05:03 · 7 answers · asked by Lynette 1

Hey All,

Good to see the board is still doing well!

I have a question for you all, please.

I got this msg on 'Where's my refund' site;

Refund Status Results
Please select this button to print your Refund Results for your records.

Your tax refund is scheduled to be direct deposited on March 16, 2007. If your refund is not credited to your account by March 21, 2007, check with your bank to find out if it has been received. Please wait until March 21, 2007 before you contact us again because we are unable to take any action until then.


HERE-> Please read the following information related to your tax situation:

* Tax Topic 203 - Failure to Pay Child Support, Federal Non-Tax and State Income Tax Obligations

Please Note:

Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state income tax. If this applies to you, the Financial Management Service, who issues IRS refunds, will send you a notice informing you of any offset they have made. The details of the debt are not provided to the IRS. Please do not call us to inquire about the details because we will not be able to answer your questions. Instead, direct any questions you have about the offset or debt to the agency identified on the notice.


I am wondering did any of you get your refund and have the part where I put 'HERE->' and still got your refund anyway?

I am trying to figure out if they put that there because they know I am being offset/garnished or if they put that at the bottom of your refund deposit notice as a disclaimer for everyone. I don't recall it being there last year, but maybe I just don't recall, damn tree's making me forget stuff lol.

I called the FMS (financial management services) about the defaulted student loans but they say it 'may' be garnished. Whatever nonsense that is, like uh tell me yes or no dammit lol.

Anyway, thanks for any reply's!!

Sean

2007-03-14 08:54:49 · 5 answers · asked by mybennettfamily 2

Mariied filing jointly. Federal refund due.
Is it worth it to itemize my property tax paid and mortgage interest payed??? Before I buy Turbo tax, or would it be better just to fill out a 1040 EZ?

2007-03-14 08:35:22 · 6 answers · asked by Anonymous

2007-03-14 08:09:07 · 4 answers · asked by Elle J 1

In the year 2006, i worked in two places and earned just $500 something and $200 sometihng from both the places. Do I still have to file tax?

2007-03-14 07:51:52 · 7 answers · asked by beeepin 2

2007-03-14 07:50:14 · 2 answers · asked by teacherread 1

I have been told that I can file every 3 years. Other people say it is mandatory to file every year.Which is it?It would be great if i could file every 3 years,but I dont want to get in trouble with the IRS. PLEASE HELP!!!!!

2007-03-14 07:47:39 · 6 answers · asked by L.T. 2

2007-03-14 07:45:30 · 7 answers · asked by teacherread 1

I received 2 separate w-2's because of a recent merger of our company. If I e-file them separately, I am getting a tax refund, but if I combine them, I owe money. Is there any law that prohibits me from filing them separately. Please list your sources.

Thanks!

2007-03-14 07:25:24 · 3 answers · asked by HYN 1

2007-03-14 07:18:55 · 14 answers · asked by NY 1

2007-03-14 07:16:59 · 2 answers · asked by Paul B 1

Where is the best place to... get my personal taxes done?

2007-03-14 07:14:57 · 5 answers · asked by HoofHearted 3

2007-03-14 07:14:52 · 5 answers · asked by Anonymous

Can I file taxes for the timeshare property I bought last year? If I could, what part of fees that I can file on the income tax?How about for the expenses we had when we went to Florida to buy that property? Is it considered as business trip? Can I also file all the expenses we had during that trip?Where in the tax form should I include all of those expenses? And also for the property itself, where in the form should I include the fees?Please help me. Thanks

2007-03-14 07:11:31 · 2 answers · asked by Just_Me 1

I lived in one. The other was a rental that sat empty for 2006.

2007-03-14 07:10:59 · 3 answers · asked by chinanski 1