United States - March 2007

A friend of mine has two daugthers (10 yr & 5 yr). Their father passed away in Dec 2005. They received their father's social security $10,852 each. Their mother doesn't work. Does the mother need to file a tax return or pay any taxes on the money her daughters received?

2007-03-12 17:17:02 · 3 answers · asked by notarypublic2004 1

I was the recipient of a random act of kindness from a stranger who donated $2500 to my paypal account for use for school tuition. I tracked the person down and the donation & person is legit. It's such a large sum so I worried when I go to taxes next year... do I claim it? and how?

*if I had an accountant I'd ask them but I don't know any who work for free.

2007-03-12 17:02:29 · 3 answers · asked by purpleduck16 2

2007-03-12 17:01:19 · 5 answers · asked by burley 1

2007-03-12 16:28:54 · 2 answers · asked by james b 1

If they do, can you sell the car for cash and keep the money? Can you just ignore the lien and keep on driving (insuring and registering) the car?
Thanks!

2007-03-12 16:21:26 · 2 answers · asked by Just Mee 2

2007-03-12 15:53:19 · 1 answers · asked by bryan l 1

2007-03-12 15:27:20 · 5 answers · asked by Anonymous

I have been making payments to the IRS for several years on back taxes from 1996 and 1997.
How can i check the remaining balance to see how much longer this torture will continue?

2007-03-12 15:11:33 · 4 answers · asked by hugeinjapan 1

Myself and three other individuals are in the planning stage of forming an LLC. However, during a background check, it was discovered that one of the prospective members has a personal tax lien. If we go ahead with the LLC, can any of the rest of us or the LLC be held responsible for the payment of that lien? The other two memebrs say yes, but the way I read it, I don't think so. Has anyone come across this situation, and if so, can you advise?

We will still do the LLC either way, but may have to wait for the lien to be satisfied prior to welcoming that individual into the organization. But we are just very unsure of how to proceed.

I appreciate any of your comments. We will probably consult a business attorney in the near future, but I feel an obligation to this individual to consult with them so they might have the opportunity to resolve the lien so that we can move forward with the LLC, including him in our venture now rather than later.

Thank you again!!

2007-03-12 15:01:23 · 1 answers · asked by drummerplummerswife 1

2007-03-12 14:15:50 · 4 answers · asked by Victorious 1

Need one for college and e filed and now i dont have one... how can i get a copy?

2007-03-12 14:08:50 · 3 answers · asked by Anonymous

2007-03-12 13:44:44 · 5 answers · asked by MH95131 2

Ilived in Organ in 1981 then moved and never received income tax check. how do i go about getting my check

2007-03-12 13:40:08 · 4 answers · asked by rfay_j 1

It would be great help to get this tax consultant contact details.

2007-03-12 13:18:02 · 1 answers · asked by GreatCricketFan 2

live in texas-(no state tax)-husband received first bonus check ...normal bi-weekly paycheck =$1569.00 (-$61 federal withholding, due to Married with 5 allowances.>>but the bonus check =$3833(-$958 federal withholding)...does NOT make sense! somebody please explain why they over-taxed this bonus check. total yearly income is 41K

2007-03-12 12:59:29 · 11 answers · asked by Cindy 3

I need to get a copy of my w2 for 2000. I can't find the box with all my records because we have moved a few times. What do I do? Can I get a copy still?? How long does my employer have to keep it?

2007-03-12 12:51:56 · 3 answers · asked by bcacm2000 2

For my graduate course, I was asked to write a paper on sheltering income from the IRS and then being able to have access to same funds without them knowing.

I don't think this is possible, but I don't think "that's not possible" will take up 10 pages of work.

Any links to if or how it CAN be done?

2007-03-12 12:44:25 · 2 answers · asked by Anonymous

This is my first time paying taxes, because this is my first time having a job with a paycheck. The only other jobs I had were just volunteer jobs. So if you could help me with some good information, then it's very much appreciated. Also, when is the deadline to pay your taxes? I know it's April, just don't know what day.

Thanks and thanks again.

2007-03-12 12:03:49 · 5 answers · asked by themyth60 3

We moved from Hawaii to Washington state due to my husbands job. My parents also moved from Hawaii to Washington at the same time, so we rented a large container to ship all of our belongings in and combined our stuff. Since my parents have a credit card to pay the $11,000.00 bill, they paid for it up front and I later gave them $$$ to pay for most of my share which came out to aprox. $2,000.00. The problem is that the moving receipt is in their name and I gave them payments in cash and have no proof of it. What do I do if I get audited for this? Can I have my parents write a note saying that I gave them money? Should I write a check in their name and pretend that they cashed it? What should I do?

2007-03-12 11:48:49 · 5 answers · asked by babofa 2

2007-03-12 11:47:40 · 4 answers · asked by James E. 1

should i claim 1 on my w4 form for 2007 to have less taxes taken from my paycheck each week and put that $ in my ira account which will put more in my account and i will have less taxes to pay on myincome . I dont want to end up owing more taxes next tho.

2007-03-12 11:37:49 · 3 answers · asked by bunny 1

2007-03-12 11:16:59 · 4 answers · asked by laura s 1

He went to that school for 3 months and then I pulled him out because it was a terrible school. It has changed owners about 3 times in the last year as far as I know. For two months I have been asking far a receipt. I keep getting the run around. First it was the printer was down. Then I called and talked to another girl and she said the printer was never down. I went down there and there is a new director. She told me she would mail it to me. A week later I called and she said that she mailed it to me, but I have recieved nothing. I'm really mad. What can I do? do I call the state or IRS. When I call now I just get the answering machine.

2007-03-12 10:42:12 · 5 answers · asked by uuummk 5

i got a notice in the mail a couple days ago that i filed my taxes on the federal side but that i didn't for maryland state side. i find that hard to believe that i would simply forget to file my maryland taxes. is there a way i can check to see if i filed for maryland? i called the # on the form and they are saying the same thing of course. is there a way online to check if i did file or not?

2007-03-12 10:36:05 · 4 answers · asked by Anonymous

2007-03-12 10:12:57 · 4 answers · asked by greency 3

If the capital loss is less than $3000 and the loss exceeds the income (neg. AGI) can the capital loss be carried over to offset gains in future years?

2007-03-12 10:01:56 · 3 answers · asked by Hal 1

I just started working in january, abut I am still a dependant on my dad's tax return. I'm trying to figure out if I have to bite the bullet and start paying taxes :(

2007-03-12 09:58:00 · 8 answers · asked by Anonymous

I just realized that one can't claim tax deduction on child support, is it true? Then how can child support payer do to be able to get more credit? What is the relationship in terms of tax filling for the parent who pay and the children? Is that painful for the child support payer for paying buth without getting any credits?

2007-03-12 09:55:23 · 9 answers · asked by Question G 1

we have lived together for 2 ys and he claimed them and got the Eic last yr but he is not related to them so i think we might be in trouble.The kids dad is in prison and can not claim them i have full custody.

2007-03-12 09:53:47 · 6 answers · asked by Anonymous

2007-03-12 09:44:33 · 3 answers · asked by kikioreeo882000 1