United States - April 2007

Im not it is going to affect our funds.

2007-04-04 07:56:00 · 7 answers · asked by ☃FrostyGal♪♬♪ 4

What is the table used by HR to figure your withholding federal tax on dependents.
Ex: If you make $31k and claim 4, you have less taken out then if you claim 0 or zero or even, 1.

Is there a table so I can figure out on my own what each dependent claim witholdings would be based on standard deductions in Texas, on your W-4?

2007-04-04 07:46:09 · 7 answers · asked by Anonymous

2007-04-04 07:10:55 · 6 answers · asked by tdamc 1

Is the offset the IRS keeps different depending on which state you live in or are all states the same?

2007-04-04 07:08:43 · 2 answers · asked by Martie 1

I started a t-shirt business online, www.originaletees.com last year. I am trying to figure out how I should file my taxes. I have a day job that I basically made about 30K. I have about 15K that is considered my business write offs (almost all on business credit cards) and I only made like $450 gross. My question is should I use my write offs now or can I save them for later? If I choose to use them now will they make my refund bigger? How does that work? Does it bring me down to an income of 15K? What's a rough ballpark of what I would be getting back? Please don't give me advice if you don't have training in this and know what you are doing. Thanks for taking the time to read this.

2007-04-04 07:06:20 · 4 answers · asked by originale_tees 2

I filed an injured spouse form, we have 2 children and I only worked 3 months out of the year. our return was s'pose to be almost 6000.00 and we got 1000.00 back was all. I thought we would atleast get back the tax credit for the 2 children also.

2007-04-04 07:05:43 · 4 answers · asked by Martie 1

I'm thinking it's either $200 or $250 (US).

2007-04-04 06:54:11 · 2 answers · asked by snacgirl 3

The tax preparer added this amount on line 12 as Business Income (Schedule C-EZ) . Then he also calculated self employment tax for this amount by filling out Section B - Long Schedule SE which came out to 617 dollars which he showed on line 58. By doing this am I not paying taxes twice on $4367 since the $4367 was added to to the total wages and the taxes are calculated on that amount and again the calculated tax of 617 based on $4367was added to the taxes calculated based on total wages which included $4367.

2007-04-04 06:51:20 · 5 answers · asked by baboo 1

sometimes stay longer than neccessary on these business trips. I often would stay an extra night or two just to have some alone time and pay out of pocket for it. I would tell my husband that I was still working (flexibile hours at my job, so he thought nothing of it).

We were going over all our receipts and what not with accountant last night, and I had saved some of the receipts that I was supposed to submit to my employer for reimbursement.

Anyway long story short, he discovered that I was staying longer than needed on my trips, and is very upset. He thinks that either I am cheating or can't stand being around him.

I simply wanted some time to myself after attending these stressful meetings.

I have my own savings account for this very reason, but did not want him to know how I use it - he thinks that sort of thing is a waste of money.

How do I get out of this one? I already explained that it was simply that I need some alone time, but he's furious that I spent money!

2007-04-04 06:48:41 · 3 answers · asked by Reserved 6

2007-04-04 06:40:50 · 4 answers · asked by Sarah W 1

April 15 is just around the corner .

2007-04-04 06:36:53 · 9 answers · asked by Anonymous

2007-04-04 06:31:09 · 2 answers · asked by Tom M 1

2007-04-04 06:28:05 · 6 answers · asked by John C 1

Interest Paid on Educational Loan Outside USA can be claimed in the Federal Tax Return and State Tax. Please Advice in this regard.

2007-04-04 06:17:25 · 3 answers · asked by sriha 1

2007-04-04 06:02:51 · 4 answers · asked by Anonymous

If I file my 1040EZ and CA 540 paper, will I need to send my W2's in to each one?

2007-04-04 06:01:44 · 3 answers · asked by hahaman 2

I don't pay state income tax. I have no dependents other than myself. And I don't have deductible expenses. Or any records of chartiable contributions.

2007-04-04 05:59:55 · 13 answers · asked by kate14778912 1

If a taxpayer used their own cellphone (with mucho long distance used), during their employment, and for that tax year took the unreimbursed employee expense of the long distance not re-imbursed for the benefit of the employer, will they still be eligible for the Rebate?

2007-04-04 05:51:52 · 1 answers · asked by Wood Smoke ~ Free2Bme! 6

MO State and Single....if this helps. Any online-tools anyone can recommend.

2007-04-04 05:44:03 · 2 answers · asked by cool_guy 2

Do I need to file a state tax return if my employer already took out the state tax from my paycheck each month?

My co-worker told me that I need to file a state tax return if I received a W-2.

2007-04-04 05:22:56 · 10 answers · asked by joyce73 3

if it's a loan (even a no-interest loan), it's still not a gift, which the form 709 covers. any help here is very much appreciated.

2007-04-04 05:02:14 · 2 answers · asked by Ray 2

I work for a personal injury atty. All our clients who do attendant care for injured family members get 1099s from insurance co with either box 6 (medical care) or box 7 checked (paymnts to attorney). One client got her 1099 with box 5 checked (misc. nonemployee income), and her accountant says there is no way to deduct the 1/3 that comes out of her monthly check for attorney's fees. Does anyone know how to handle this?

2007-04-04 04:49:51 · 2 answers · asked by Susan F 1

I live in Florida. If I have to mail my W-2's and 1040EZ, where do I mail them?

2007-04-04 04:31:04 · 3 answers · asked by The JZA 2

Im on the verge of becoming a professional Sports Handicapper. What tax laws do I need to follow? How do I report? How much do I report? Who do I report to, Local, State, or Federal? etc...

I cannot find any answers anywhere, but I do know gambling is a taxable and deductable.

Thanks for your time and help.

2007-04-04 04:25:45 · 2 answers · asked by eXp 2

I have two 1099-INT forms both are over $10.00. Do I need to send copies of these forms with my W-2 form? Thank you.

2007-04-04 04:23:39 · 3 answers · asked by Wennderz 1

I work and live in different states. these states have a tax reciprocity. Which state do I need to file with. (Living state, working state, or both)?

2007-04-04 03:21:37 · 4 answers · asked by tkbk.natrb 1

2007-04-04 02:58:52 · 4 answers · asked by calming 2

My husband and I are getting ready to do our taxes. We usually file a joint return. Last year I started a home business and need to report the money I made from the business. Can I file a Schedule C with just my business information with our joint return or do we need to file separately now.

2007-04-04 02:54:24 · 7 answers · asked by shrsandy 4

I don't throughly understand what the basis would be.
This is what I think, a person has $8000 in their account and they want to withdrawl it all.
If $5000 was invested (and wrote off prior) Then $3000 would be the basis (8000-5000=interest earned)
Early penalty is not in issue because of the 591/2 year rule.
So is this correct? If not please explain. Thanks!

2007-04-04 02:01:08 · 4 answers · asked by Kari 4

Last year I was told by a worker who was filing my income tax papers that this year I would not have to file,is this right?

2007-04-04 01:41:35 · 6 answers · asked by jesparza39@yahoo.com 2