United States - April 2007

2007-04-12 09:47:01 · 3 answers · asked by Brian D 1

My mom has been saying there is a flat $10,000 tax applied to those who make $100K or above. The tax is for mental health. I can't find any corroboration of that online. I found a 1% tax on incomes over 1 million for mental health. Can anyone well versed in tax law clarify this for me? Thanks.

2007-04-12 09:36:32 · 4 answers · asked by Kari 4

Fans of flat tax think that tax revenues can rise even when flat tax is lower than recent income tax rates. How could this happen and why?

2007-04-12 09:34:22 · 6 answers · asked by mj58 2

2007-04-12 09:11:42 · 4 answers · asked by ? 6

What address?

2007-04-12 08:55:44 · 4 answers · asked by Jocelyn B 1

I MADE GOOD MONEY LAST YEAR BUT WITH RENT, CAR PAYMENTS, CHILD CARE AND RAISING 3 KIDS I BARELY SURVIVED LAST YEAR NOW MY TAX GUY IS SAYING I OWE $9,000 TO IRS HOW IS THAT POSSIBLE????????

2007-04-12 08:45:12 · 10 answers · asked by 1099 nightmare 1

My husband - a U.S. citizen, recently sold his portion of property in Greece that his father gave him over 25 years ago. Does he have to pay capital gains tax on the income from the sale of the property?
My head is spinning trying to read through all the tax laws!

2007-04-12 08:43:27 · 5 answers · asked by DetailSpaz 3

2007-04-12 08:40:36 · 2 answers · asked by Jan N 1

can you claim the money you have paid into the escrow account , or just wait till next year to itemize property tax.

2007-04-12 08:37:41 · 4 answers · asked by Anonymous

I would normally attach the detail with a paper return and I don't want to enter everything in the return.

2007-04-12 08:31:10 · 3 answers · asked by jrtcpa@sbcglobal.net 2

There is no law that states that Americans are required to by law to pay taxes for their wages, but why do we pay them? To my understanding the income generated from paying taxes on our wages go to a private bank (The Federal Reserve Bank) that the U.S. government is in dept with.

2007-04-12 08:24:44 · 9 answers · asked by Proud Momma of 4mth old Boy 3

2007-04-12 07:45:02 · 6 answers · asked by gruffstuff 1

2007-04-12 07:39:23 · 3 answers · asked by Resturant owner 1

i am trying to file my taxes online and i was wondering if anyone knows of the easiest website there is to do it on...and Free....

2007-04-12 07:38:12 · 7 answers · asked by ATLangel8817 2

I worked at a company for about four months. I started in the end of October last year and quit at the beginning of January. I have not received my W-2 and they said they sent it to me in February. Sooo... Here's the question. Can I go ahead and file my taxes without that W-2 and add it on to next year since I only worked there a short while last year or should i just go ahead and get a tax extension?

2007-04-12 07:36:01 · 5 answers · asked by britt g 2

I have heard people say that they will not be held accountable for tax fraud, if it is their accountant who is filing the fraudulent claim, ( and signing his own name as tax preparer) is this really true?

2007-04-12 07:27:52 · 9 answers · asked by illbegone_likeabatouttahell 3

I know you have to fill out that form but it says you need their social to do so. It's not a business so it's not like it's on file. What should I do. Any suggestions. I can't just ask.

2007-04-12 07:18:56 · 6 answers · asked by Kristin J 2

I got this W2 thingy!?
I earned 415.39 and federal income tax witheld was 5.90
state income witheld was 7.03.
so what do I do now!?
Should I file or no?

2007-04-12 07:06:52 · 8 answers · asked by Anonymous

I am going to file my taxes in a couple of days but I owe about $1,500. I can not pay at this time so what steps should I take upon filing my return.

2007-04-12 07:05:32 · 11 answers · asked by becrebec1004 2

Did try filing separately and since he (retired) does not have much tax taken out - i let him have all the deduction on his return and none for me. The amount is much lower(733)it that possible? And when I do my return I still need to do itemized where there is nothing to claim? Please help I do not have $2700 right now your help is greatly appreciated

2007-04-12 06:53:56 · 3 answers · asked by igowithim 1

2007-04-12 06:35:22 · 3 answers · asked by MonsterEnergy 1

okay i filed my taxes i did the ez1400 i think that is what it is called and i never got my tax return check i had them put it in my checking account and never got it........so last month i compltely forgot and i closed that checking account so i don't know what to do now.....i did filed but i have not recieved a check in the mail nor in that old account

2007-04-12 06:17:59 · 6 answers · asked by jazyjaz05 2

2007-04-12 06:10:18 · 2 answers · asked by kjkaliman 1

The tax deadline is around the corner (April 17). Can I postpone the filing until after April 17. What are the implications? I was told it evaluated differently for two thing - 1) You have to pay 2) you get returns. If I have to pay then its very simple and I can extend but if I owe some money to Govt. then I can postpone but I will have to pay interest on that amount.

I dont know how this works out or what the implications are in terms of fines and limitations. Can someone please clarify.

2007-04-12 06:09:01 · 4 answers · asked by MTERA 1

i did not get any state tax taken out of my checks last year ... i dont want anything from them can i just not send them anything or do they want something from me --help i hate taxes

2007-04-12 06:04:34 · 4 answers · asked by frankhumferdey 2

The house I sold was of lessor value than the one I purchased.

2007-04-12 05:56:27 · 5 answers · asked by DON_M 1

2007-04-12 05:51:10 · 3 answers · asked by Bell 1

My fiance has a relative that is a CPA who did her taxes. She only only made about $30000 last year. When we get married in 08, we're going to have a combined income over $130,000.

Her CAP told her she could only do $1600 in a traditional IRA. I asked her why not put $4000 into a Roth (for someone in her tax bracket, it seems like a no-brainer, because when we're married, she's going to be in a higher tax bracket).

I never got a straight answer and I didn't want to argue because - he's a CPA and I just dabble in this. Basically, he said the consensus is that the government is going to do something that makes Roth IRAs bad and you should avoid using them.

Has anyone heard of this, or am I missing something incredibly stupid.

2007-04-12 05:41:05 · 5 answers · asked by vbslinger 2

I incurred employee expense during business trip in the last quarter of 2005 and didn't include it in 2005 returns as I was expecting the reimbursement. Since I didn't get reimbursement for it , I would like to include it as 'unreimbursed expenses' in itemized deductions in 2006 tax returns. Is it allowed ?

2007-04-12 05:37:59 · 3 answers · asked by yvvrk 1

we bought 2nd home in 2006 to rent to our son. Our son was not able to pay any rent this year. what amounts can I claim as a loss/expense as a rental property on federal income tax? only remodeling/maintenance, insurance, upkeep? or the amount of monthly payment?

2007-04-12 05:36:13 · 4 answers · asked by Anonymous