United States - April 2007

It has it down on my paycheck stub as a deduction, but what is it for?

And what does it stand for?

2007-04-10 14:02:44 · 2 answers · asked by Anonymous

Do I need to enter the trades per stock, or as one lump sum? Why is there no good tutorials on how to enter this online?

2007-04-10 14:01:30 · 2 answers · asked by nobosh.com 2

I earned $31,919 and I plan on taking the standard deduction of $5150. If I subtract the deduction from the income, won't that bump me into a lower tax bracket? Is that how it works? Thanks!!!

PS: On the W2 form, box #1 (wages, tips, other comp) is the yearly taxable income (before deductions) right?

2007-04-10 13:53:09 · 6 answers · asked by Mrmojo6068 3

My husband just started a new job where they will not be taking taxes out of his check I was wondering if anybody had advice on the best way to calculated how much we should hold out each week or even if this is the best way to do it also any websites will help.
Thank You

2007-04-10 13:41:09 · 7 answers · asked by superwomen 3

State has garnished my Social Security @ 50% for back child support

2007-04-10 13:40:22 · 7 answers · asked by Raymond M 1

2007-04-10 13:25:59 · 1 answers · asked by Jimmy d 1

I haven't worked for the entire year due to a medical condition. I have lived with my boyfriend for 5 years, and this year he has been my sole means of support. Also, I've been paying off back taxes and have a small balance still due...in the event he can claim me, would he then become responsible for my taxes?

2007-04-10 13:06:55 · 6 answers · asked by justwingit 2

I am a CA resident, but I went to school in HI almost the whole last year and had my only incomes from HI. Do I file tax return for both states or just HI? Please let me know, thanks

2007-04-10 12:54:31 · 4 answers · asked by TONY 1

I am the trustee....the money is invested in a bank CD. They have sent me (actually under the trust ID) only a 1099 INT form. I assume that the trust is responsible for the tax on the investment rather that the party that untimately gets the interest.

2007-04-10 12:53:38 · 3 answers · asked by domers13 2

1. There is a gain in selling stock option sold
2. There is a loss in regular capital gain in Schedule D.

Can the gain in 1 offset by the loss in 2 so that less tax can be paid?

2007-04-10 12:41:02 · 4 answers · asked by Anonymous

2007-04-10 12:36:04 · 2 answers · asked by Mike F 1

2007-04-10 12:33:46 · 7 answers · asked by sumthinlikea 2

I am selling my home to a friend, the FMV is $420,000.00, I am selling it to him as his for $310,000.00, My lawyer said I would have to pay a gift tax because I am giving him a gift of equity, The Gift tax would be based on $108,000.00, how would I know how much the gift tax would be that I would have to pay, I need to know this before I go any further with this sale,

2007-04-10 12:10:47 · 4 answers · asked by bare0713 1

I was outside the country last year and took around $15K out of my IRA account. I assume that as my taxable income for last year is less than 15K there will be No tax. Is my assumption correct?

2007-04-10 12:01:58 · 4 answers · asked by vramank 1

Just wondering?

2007-04-10 11:47:41 · 12 answers · asked by Anonymous

2007-04-10 11:42:39 · 7 answers · asked by Birdie 1

Maybe someone knows how to report these two different types of income. Some of it has already been taxed, some of it I still need to pay taxes on, but have business expenses that need to show as deductions.

2007-04-10 11:37:36 · 4 answers · asked by R P 1

I misplaced the U. S. Government report telling me the amount
of Social Security payments I received in 2006. Is there any
way that I can access that information via the internet?

2007-04-10 11:31:32 · 6 answers · asked by Anonymous

2007-04-10 11:31:21 · 6 answers · asked by R P 1

My mom died in December. She was 75, had social security and pension income. I've figured out the 1040 so far...it looks like she (we) would owe $91 to federal taxes. Do we need to file taxes for a deceased taxpayer? And from where would the $91 come from? And if we didn't file...anyone think the IRS would figure it out...and who would or could they come after?

2007-04-10 11:27:54 · 8 answers · asked by alirealtor 2

2007-04-10 11:18:59 · 8 answers · asked by jewel c 1

I looked on IRS.GOV, but can't find it anywhere.

Thanks

2007-04-10 11:17:23 · 2 answers · asked by Anonymous

10 points to the best answer

2007-04-10 11:14:49 · 3 answers · asked by reydelmg 1

I have a W-2 & W-2c from my company. How should I report this in turbotax?
1. Report both W-2 and mark the second one as "This information is from form W-2c"
2. Correct all the fields from original W-2 as reported in W-2c

2007-04-10 10:44:27 · 4 answers · asked by Suresh T 1

i filed my state taxes on march first and when i checked in on it they said that it was selected for review....what does that mean? i live in wisconsin if that is of any relevance

2007-04-10 10:44:13 · 17 answers · asked by ♥♫§weetTart§amantha♫♥ 5

I mailed my state tax on March 5th and I have yet to receive my refund.

2007-04-10 10:44:11 · 5 answers · asked by kellibelli64 1

Is it true if your income is low enough, you don't pay any federal income tax? I've always heard that there are a large group of Americans who aren't required to pay any federal taxes, and that the top five percential pay over 50% of all federal taxes. But looking at these tax tables, I noticed that all income levels are taxed at about at leat 10%. Can anyone clear this up please?

2007-04-10 10:43:10 · 3 answers · asked by diamond_kursed 4

2007-04-10 10:33:06 · 3 answers · asked by Anonymous

im supposed to get money back from last year's taxes, but i owe some for this year. do i write a check for the amount i owe and wait for the money i am owed? or will they know to offset the amount i owe from the amount i am to recieve? my current year forms will be efiled, while the previous year will be mailed in.

2007-04-10 10:12:12 · 2 answers · asked by nissx240 2

I didn't file my 2005 taxes. I know that I'm going to owe the government money from 2005 and will pay a penalty, but I don't know what forms I need to fill out from irs.gov to rectify the situation.

2007-04-10 10:08:55 · 1 answers · asked by Bill S 2