United States - March 2007

I have a small IT consulting company in NJ. How do I calculate the employer tax to inform the percentage to employees.

2007-03-02 14:51:36 · 1 answers · asked by p k 1

I rent a large basement room that I am going to share with my baby when she's born. Would I still qualify for head of household, or do I have to the own property? I'm very confused by the term, and I don't want to file incorrectly next year. What does head of household encompass? Is it just the amount you pay for housing/utilites/etc., or does it include other expenses?

2007-03-02 14:50:00 · 8 answers · asked by tangyterp83 6

I am the successor trustee for a home in a revocable living trust. The home is in escrow. The funds will be distributed to 5 beneficiaries. What are the tax ramifications to the estate/ to the beneficiaries?

2007-03-02 14:46:22 · 2 answers · asked by John W 1

I have to file for 8379 due to my husbands child support debt (from his ex wife). Will this affect how long it takes to get my return if I e file? Will it affect the earned income credit we would receive? If it makes a difference, I made much more than he did last year, about 23,000 to his 6,000. Would I be better off filing by myself?

2007-03-02 14:30:14 · 4 answers · asked by cs 5

My wife and I live in FL, don't own a home and don't have enough deductions to itemize. I made about $29k last year and she made about 16k - can anybody help?

2007-03-02 14:28:29 · 8 answers · asked by JohnnyBeGood 1

I live my husband and my 8 yr. old son. I was the only one that worked last year. My daughter just turned 18 in April of last yr. and would like 2 know if i can receive credit for her? My total was 1,596.67. Federal tax withheld 13.75. Social Security 99.01 and for Medicare 23.13. State 1.44 and other 12.77. Can anyone help me figure out how more less will I get back on Taxes this yr?
I'm so sorry that I didn't not madd that my son is receiving 742.00 from SSI .
Please if you can help just answer the question and don't b cruel with your answers. Thank you

2007-03-02 13:45:28 · 8 answers · asked by Scarlet P 1

If I sell ABC company and buy XYZ company, am I paying income tax on my sale and then using the rest for XYZ? If I only buy a few shares, and I pay 12.99 per trade plus sales tax and income or capital gains, then how do make any profit? Had I better just do powerball with the other %99 of ameican serfs. Is this me hitting the glass cieling? Do I have to be born rich to make any money in this game?

2007-03-02 13:43:59 · 4 answers · asked by Anonymous

It could be more!!!!!!!!!!!!

2007-03-02 13:42:58 · 5 answers · asked by tardis1977 4

My parents probably did not report the rent I paid them as income on their tax return. I am thinking of filing an amended tax return which includes the nonrefundable renter's credit.

2007-03-02 13:34:04 · 2 answers · asked by Anonymous

2007-03-02 13:21:23 · 7 answers · asked by jon walker 1

Is the "primary beneficiary" of my IRA me, or is it the person who gets it if I die?

2007-03-02 13:09:52 · 3 answers · asked by heartscared 3

2007-03-02 13:02:00 · 3 answers · asked by LindaLou027 1

I think there is 11% import duty but I don't know if any other taxes are payable.

2007-03-02 12:52:39 · 1 answers · asked by Anonymous

My bank will not cash my check because I have an overdraft that is overdue. I need to get this check cashed so I can pay up my bills.

2007-03-02 12:42:39 · 4 answers · asked by John S 1

For a new home owner, what are tax deductible, besides 1 point and closing cost.........how about downpayment,

2007-03-02 12:37:04 · 4 answers · asked by Danemma C 1

With AGI of $80,000 with deductions for state taxes, margin interest and my travel per diem, I triggered the AMT adding an additional $8000 to my tax bill. This tax was intended for the very wealthy, not truck drivers as I am. Why me?

2007-03-02 11:53:25 · 4 answers · asked by Richard F 1

i sent in my taxes ,but forgot to apply for the federal telephone excise tax, is there a way that i can still apply for this?and if i can what form do i use?

2007-03-02 11:45:30 · 5 answers · asked by dan m 1

2007-03-02 11:45:08 · 4 answers · asked by Weetie 3

during the year i claim 0 with my job should i claim 1 so i can take home more $, does it pay to claim 0?

2007-03-02 11:38:07 · 6 answers · asked by Lepke 1

I got a 1099-A form from the first Mortgage holder and the second mortgage holder claims they have up 3 years (per law) to provide to me.

2007-03-02 11:26:14 · 7 answers · asked by ? 1

2007-03-02 10:50:16 · 3 answers · asked by Tax Help 1

I just got my w-2 form now I don't know what to do with it, How do I get my income tax and how do I know what I got, I don't even know how to start the whole process of getting my income tax, can anyone help me????????

2007-03-02 10:31:52 · 8 answers · asked by Peacen 3

Will you pay more taxes with checking BOX 7 non-employee compensation or by checking BOX 3 as other income? Ok, its not hard I just wanted to bring in someone who can rightfully answer.

2007-03-02 10:24:40 · 5 answers · asked by Bri up 1

usually do taxes online but I need my money by monday. seriously need help. dont wanna walk into their tax place and get ripped off and end up dead broke.

2007-03-02 10:20:40 · 4 answers · asked by Anonymous

I'm a married college student who has never made more than 7,000$ annual income. I read a couple of years ago somewhere on the irs website(i think) that dependants don't need to pay income tax until they make over 7,500 or something like that. Is this true? and if so, now that I'm not a dependant, when do i have to start paying taxes? You would think it would be easy for me to figure this out but i have searched everywhere on the internet and cant find anything about it. Thanks ^_^

2007-03-02 09:50:07 · 6 answers · asked by Mac M 1

2007-03-02 09:45:10 · 6 answers · asked by nose68 1

to file. In other words if you live on SS income alone. You have no way to recover.

2007-03-02 09:44:15 · 6 answers · asked by wmf936 5

I efiled and the IRS site says March 13th. Do you usually get it back before it says or after?

2007-03-02 09:40:57 · 6 answers · asked by Anonymous

2007-03-02 09:36:33 · 3 answers · asked by Anonymous

2007-03-02 09:16:02 · 3 answers · asked by boop 1