United States - March 2007

This is in addition to the standard deduction that I am told is 10,700. So, if my husband is not working, and it's just myself--can I claim the married with two---and I was told that the deduction for myself and my husband is roughly around 1500 each?
True/false?

2007-03-14 07:09:07 · 4 answers · asked by Anonymous

2007-03-14 06:53:18 · 5 answers · asked by JB 1

My company screwed up when they switched over to a new Payroll system, and since I was direct deposit, I didn't realize until tax time since I wasn't receiving paystubs.

2007-03-14 06:52:02 · 5 answers · asked by S J 1

2007-03-14 06:43:04 · 4 answers · asked by Erlinda B 1

I have been using H&R block for the past few years but I don't have many deductions or anything like that, pretty easy from what I've looked at and I want to do my own this year to save some money. I've seen some tax programs out the but there a little more than i want to pay so I want to know of some cheap tax programs that you've used and liked. Thanks

2007-03-14 06:42:22 · 5 answers · asked by Jessica R 1

I did a state return through TaxEngine and had to pay to file the state electronically, federal was free. I kept waiting for the refund, when I went back into TaxEngine, they said it was rejected by the IRS, but didn't say why. Said state did not go through since Federal didn't. Am I entitled to get my $10 back I paid with my debit card since state never went through. Naturally their website does not have a live person to talk to.

2007-03-14 06:35:26 · 5 answers · asked by Anonymous

Cant find what form where I can income average, get my investment tax credit,
and cant find where I put in the dividend divestiture of AT & T. Can anybody help?

2007-03-14 06:32:18 · 5 answers · asked by bold4bs 4

recently hand in my badge and headsets and filled out an exit form stating i was leaving on a family emergency. They were only giving me a week off and i needed more time because my grandmother was sick and going through surgery i had to leave town so i decided to quit so not as to get fired. Should i contact the job to see if the would re-hire me? and if not then apply for unemployment? or could i apply for it now until i get another job.????

2007-03-14 06:20:28 · 7 answers · asked by PiNeApPle 2

I was billed in December for my 2007 spring semester, but my school did not post my grants to my account untill January (so they don't show up till next year). So on my 1098-T for 2006 it appears that I have a large out of pocket expense I could use to claim Tax Credits with, however next year on my 2007 1098-T it will appear as though I have a large income from grants. What am I supposed to do?

Can I save my 2006 1098-T and apply those exspenses to my 2007 taxes?


Additionaly there are qualifying fees that were paid by myself in 2006 that I would like to claim tax credits for, how do I do this with my current 1098-T situation?


In case I was unclear, here is a simple example:

Tuition is 9000, fees are 1000. I was billed 10,000 in 2006 and I paid out of pocket 1000 in 2006.
So my 2006 1098-T would be:
Expenses: 10,000
Grants: 0
My school posted my 9000 grant in 2007, so my 2007 1098-T will be:
Expenses: 0
Grants: 9000

2007-03-14 06:18:39 · 1 answers · asked by David R 1

I am trying to estimate what I might owe in Federal Tax for 2008. (trying to do a long-term picture of my budget). I will be filing married jointly--my husband does not work, and between the two of us, the only income, at this point in time (until I find a teaching job) will be 15,360.

If I am able to take the standard deduction, am I correct in thinking that i will also be able to claim a certain amount for my husband and myself? (married, claiming two?)

2007-03-14 06:15:17 · 4 answers · asked by Anonymous

Last year, I was working out of town (200 miles away from home) as a regular employee; I was renting an apartment and I wasn't getting paid per diem. Can I claim that money as an expense?

2007-03-14 06:14:52 · 4 answers · asked by Anonymous

2007-03-14 05:51:07 · 3 answers · asked by sansan 1

I wrote covered calls against a stock that I own (with a short-term holding period). The calls were not "qualified" because I wrote them less than 30 days before expiration. I later closed the position by repurchasing the calls at a loss.

A few days later, I wrote more covered calls (with a later expiration date) against the same stock. I believe this makes the previous transaction a "wash sale" and that I can't claim the loss, but must add it to the basis of the new position.

The question is do I report anything on my tax return for the wash sale transaction? If so, what do I put on which form (Schedule D?, 6781?) and how do I indicate it's a wash sale?

2007-03-14 05:10:01 · 3 answers · asked by Dave W 6

I am trying to do my own taxes and have a 1099-C (cancellation of a debt, mortgage to be exact) anyway not sure where I list this on my 1040 form?

2007-03-14 04:52:29 · 5 answers · asked by Tracie W 1

2007-03-14 04:51:35 · 7 answers · asked by defchild625 1

2007-03-14 04:36:38 · 6 answers · asked by Anonymous

I am trying to file my taxes online myself using taxcut. My taxable income is automatically rolled over when trying to do my NC state taxes. But, i don't think i should pay NC tax on the money i earned in MD...help Please...

2007-03-14 04:31:33 · 2 answers · asked by JR 1

I am a unemployed disabled american living with a friend, my income is $10,188 a year, but I received student loans for my education in the amount of $45,000. Should I file taxes?

2007-03-14 04:19:34 · 4 answers · asked by hot_rod2k 1

We are planning to purchase a home,and want to get the most tax benefits out of our interest deduction....when I do the planning calculators, it doesn't appear that this huge "deduction" reduces my taxes that much at all....If I switched to being a salaried employee, and not self employed, would that be better?

2007-03-14 04:13:30 · 5 answers · asked by Anonymous

I recently filed my taxes but it was denied by IRS, because my dad used my s.s on his tax to claim school expenses.
Is there anyhting I can do?

2007-03-14 04:09:58 · 7 answers · asked by SarahRP 2

Do you:

-stick it on ???
-pin it on ???
-do you use a stapler ???
???????

IRS should be more specific............

2007-03-14 03:45:00 · 8 answers · asked by jonp1978 1

2007-03-14 03:22:07 · 6 answers · asked by belinda_130 1

2007-03-14 03:20:43 · 11 answers · asked by Pinky 1

I know it's not taxable, but so I have to report it?
Please advise
Thanks

2007-03-14 03:15:30 · 8 answers · asked by Anonymous

i am having to pay way to much even with both my jobs taking additional money out, help!!

2007-03-14 02:59:58 · 4 answers · asked by kat 2

My daughter will be filing an income tax return for the same period (2006). which one of us is eligible to use head of household

2007-03-14 02:50:00 · 5 answers · asked by Marilyn L 1

New home 1st year taxes (mud and property) totaled $4400. Mortgage increased $800.

2007-03-14 02:36:39 · 4 answers · asked by Carolyn F 1

If your illegal and have a invalid SS# on your W-2 and file for a Individual Tax Number will your tax returns have the new ITN # on it or the invalid SS#? or both?

2007-03-14 02:24:37 · 7 answers · asked by Anonymous

Why not shut down government run education and turn things over to private industry. Give the people the tax dollars that are taken from them and let them decide how to educate their children.

2007-03-14 02:21:50 · 9 answers · asked by Robert and Tanya 2

I'm 28, and have been paying Social Security and Medicare taxes since I was 18. Does anyone think it will even be around when I'm 65?

2007-03-14 02:19:26 · 4 answers · asked by Robert and Tanya 2