United States - April 2007

My fiance and I have children from another relationship, I have 2 and he has 1. Im concerned when we get married we will have to file jointly and we will lose that extra money. When married can we still file seperate and claim our own children on our taxes. Neither one of us plan on adopting the others children. I get at lest 4-5 thousand and he gets $2000, will we get less back filling together?

2007-04-14 14:28:19 · 9 answers · asked by litosone143 1

Is it legally required to report interest income on Form 1040 for amounts too small to have had a 1099-INT generated?

I have several savings accounts, and some of the interest received by me is only a couple of dollars, so there is no 1099-INT.

In the past, doing my taxes longhand, I always listed ALL my interest income on Schedule B, no matter how small the amounts.

This year, I am using taxactonline.com, but I cannot find a place to enter the interest amounts for which I received no 1099-INT.

Please don't reply with, "The IRS doesn't know about the interest if a 1099-INT wasn't generated, so don't bother to report it." I want to know if the IRS requires ALL interest to be reported.

If all interest must be reported, is Schedule B the right place to list it (I have always done that in the past)?

Finally, if the interest must be reported, does anyone know where on taxactonline.com the amounts should be input?

Thanks for any and all help!

2007-04-14 14:14:15 · 4 answers · asked by we2inmaine 2

2007-04-14 14:10:48 · 3 answers · asked by tupapi 1

2007-04-14 14:03:29 · 3 answers · asked by nellybelly 1

2007-04-14 13:47:13 · 13 answers · asked by Giggly Giraffe 7

2007-04-14 13:06:12 · 4 answers · asked by Ryan A 1

The form says "refer to the instructions," but I'm using the TaxCut program from H&R Block, and if this is in the instructions, I can't find it. What do you know?

2007-04-14 12:29:03 · 2 answers · asked by Anonymous

2007-04-14 12:27:03 · 7 answers · asked by karl k 6

i have filed my taxes , but i do not have the money that i owe to send . is therev a way to pay the irs a a latter date

2007-04-14 12:22:38 · 7 answers · asked by Anonymous

My dad took out a PLUS loan for me when i was in school. I now make the payements on it and have proof that all payments were made from one of my accounts. Can i claim this on my taxes or am i out of luck. My dad files married filling seperately, so he cannot recieve the credit either.

2007-04-14 12:14:30 · 3 answers · asked by sleek 2

I'm helping a friend get his taxes done and now he tells me 2005 was never filed. Can't he go ahead and file 2006 so it won't be late??

2007-04-14 11:55:21 · 4 answers · asked by L D 3

Preferably a report for tax purposes in the state of Kentucky.

2007-04-14 11:51:05 · 3 answers · asked by DuchessJ 2

If I can't add it to my 2006 return, how much of the 1040X do I fill out? I don't get it.

2007-04-14 11:43:28 · 7 answers · asked by jp 1

2007-04-14 11:36:29 · 4 answers · asked by ebillar 1

2007-04-14 11:20:34 · 1 answers · asked by skeeter 1

I am 23 years old, working full time but not a very high paying job. I have no dependents, and usually get a tax refund but this year I sold some mutual funds. Which tax form should I fill out??

2007-04-14 10:48:57 · 7 answers · asked by jeannes85 3

Do you know anything about priortax.com, filelate.com or taxbrain.com?? Anyone had success with any of these or know of any scams associated with these sites?

2007-04-14 10:35:20 · 0 answers · asked by Lori M 1

2007-04-14 10:27:58 · 10 answers · asked by Anonymous

My account has allowed me to file an extention on my 2004, 2005 , and now probably my 2006 tax return. When is the 2004 past the extention date ? Is it 3 years from 2004, or 3 years from it's first due date of April 15, 2005? Please if you are not sure, don't answer. Thank you.

2007-04-14 10:27:52 · 3 answers · asked by healthy_funny 2

I recently received a phone call from someone who said that they were from the IRS. His voice had a really heavy accent and he said that the IRS was going to give me $12,500 just because I am a tax paying citizen. Has anyone else come across this same scenario?

2007-04-14 10:25:04 · 9 answers · asked by Anonymous

Essentially I have misc. income (classified) independent contractor from an odd job. The IRS website tells me to fill out a schedule 1040 C (or CEZ), then a Schedule SE for self employment tax, ok. I think I get that but the 1099MISC has only copies marked for state and recipient, how does the IRS know what I'm filing if there is nothing to attach to the 1040? Doesn't all income have to have documentation? -This is not the same as a 1099R.

2007-04-14 10:19:49 · 4 answers · asked by Rebecca 1

I did and they sure screwed me over. . . should have done them earlier

2007-04-14 10:06:49 · 6 answers · asked by Sabrina Z 2

Someone else did my taxes for the first time, now that I've reviewed them, I'm not happy. I would like to make some changes, can I simply white out and write in the changes? I don't want the expense of buying the program at the last minute and don't want to confront the individual either. please help......

2007-04-14 09:52:21 · 3 answers · asked by Greenbug 1

I did not want to wait in a long line to mail my taxes so I put 3 postage stamps on and called it good.

2007-04-14 09:39:44 · 17 answers · asked by JB 1

2007-04-14 09:37:09 · 4 answers · asked by Ro B 1

can you defer it to the next year?
have one transaction a few days before 2007 and need to know if for my business and the person can we defer it to 2007 since i have not provided a 1099-misc form to them?

2007-04-14 09:16:49 · 4 answers · asked by qws 1

I recently took out a home equity loan to pay off some credit card bebt. I would like to make double payments each month to pay off the debt early. Since I will take off the interest each year on my taxes would it be better to just make double payments or make one payment and pay the other payment toward the principle only?

2007-04-14 09:13:24 · 3 answers · asked by Phillip J 1

lost papers for tax filed through turbo tax. Need results from last year

2007-04-14 09:10:02 · 1 answers · asked by Betty S 1

I moved to Texas in June of last year. I am trying to do my own taxes this year and I have done the Federal taxes already. I need to do the State taxes and I'm not sure which form to print out. I was thinking it would be the 540NR since I'm not a California resident anymore, but not completly sure. I also don't know if I need to do two seperate forms for me and my husband because this year was the first time we filed jointly. Can someone please help me! I would really appreciate it....Thanks!

2007-04-14 09:00:43 · 3 answers · asked by ? 2

2007-04-14 08:55:55 · 8 answers · asked by evadiva 4