United States - May 2007

My friend hasn't pay her taxes for 4 years , now she got letters from IRS with penalties and fees. She got an alcohol problem in that period of time, and she got proof of court for a rehab programm. Will this problem help her with Irs in order to avoid paying this huge amount which is impossible to pay.

2007-05-28 02:45:54 · 6 answers · asked by ginany25 1

I used to have a shop and filed my own tax report and payments with dept of revenue. Since they do this now (antique mall) and I haven't, and don't intend to actively purchase for this booth at a mall-but rather, look at it as a way to "get rid of" some stuff from my house (which I've sold) I'm sort of looking at it as a garage sale in another place. Is that wrong? I did have to get an occupational license from the town to be there............but I didn't intend to deduct my rent or storage costs-so do I need to keep track of sales and inventory on my own things? If they already pay the tax on sales what is my obligation for paperwork?

2007-05-28 02:15:42 · 8 answers · asked by jackie m 2

2007-05-28 02:03:00 · 5 answers · asked by Anonymous

i want stop someone from claiming income tax on my social security number i do not live with them on in the country and it has been brought to my attention that this is going on.

2007-05-28 01:06:22 · 3 answers · asked by makebabain 1

Inspired by a previous question as to why the magical number 18 is the dividing line between being an adult or child, when in reality we tend to mature much later (in many cases).

When you file your Income Taxes, you will notice at least two things that seem illogical and unfair.

A baby born on Jan. 1 doesn't get the full year deduction for it's parents as does the same baby born on Dec. 31.

Same holds true for people who get married. They can't get the advantage of "Married filing Jointly".

If you were in Congress, would you propose a law that makes these Income Tax advantages pro-rated on a monthly basis, so that a child would get a twelfth of the benefit for each month.

This may sound ridiculous to you, but serious money is lost on a child who has the disadvantage of being born just after midnight on Jan. 1. Roughly several hundred dollars of benefit is at stake, maybe more depending on the tax bracket.

Maybe folks would want to induce labor sooner over this?

2007-05-28 01:01:12 · 6 answers · asked by Anonymous

2007-05-27 20:26:18 · 2 answers · asked by cranford72 2

I am here in US by a I-94 visa which means I am entitled to work here.My father wants to send me some amount as subsidy in cash . should I pay tax on it ?

2007-05-27 16:50:13 · 3 answers · asked by Anonymous

If i do have to pay will i have to pay it all at once

2007-05-27 15:50:01 · 8 answers · asked by Jay W 2

if someone hasn't filed taxes in several years and is getting paid in cash can this be considered tax evasion? if so, how much time can a person serve for this? no records of money paid, no w2's all cash all unreported. sometimes large amounts is that illegal?

2007-05-27 15:48:03 · 11 answers · asked by MIMKA 1

By contract our children must attend the private school system at which my wife teaches. Failure to do so would result in her dismissal. Can we claim the tuition as an employee business expense for income tax purposes?

Thanks1

2007-05-27 15:21:45 · 10 answers · asked by Anonymous

2007-05-27 09:52:26 · 3 answers · asked by :Anonymous: 2

2007-05-27 09:41:37 · 4 answers · asked by amonreal34 1

Just federal and ssi...its a salaried position with no state tax.

2007-05-27 09:09:25 · 2 answers · asked by daboots 1

2007-05-27 08:59:31 · 2 answers · asked by misspayroll@sbcglobal.net 1

I work as a substitute teacher, I am required to drive to different schools every day. Can I deduct my transportation costs as a job related expense?

2007-05-27 08:47:05 · 3 answers · asked by samanny 5

help, everytime I get paid, i end up broke is there a way i can save money

2007-05-27 08:32:50 · 3 answers · asked by from your dreams 2

can i still do my taxes, although its been 2 months pass the deadline

2007-05-27 08:31:16 · 10 answers · asked by from your dreams 2

I'm 17 and am working part time for $10/hr. Here is an example of one of my paycheck.

I worked 11.5 hours and so I made $115, but then my employer deducted $17.25 for federal withholding, $7.13 for social security, and $1.67 for medicare. I ended up getting $88.58 after all the deductions that paycheck. This is about 23%.

Now I just asked my sister about hers, and she told me that her paycheck was $126.05 and she lost $13.75 through taxes. This is like 10%.

Why is mine so much higher? Is my employer ripping me off?

2007-05-27 07:51:38 · 5 answers · asked by Nick 2

just curious

2007-05-27 07:35:25 · 7 answers · asked by toomuchtv23 2

I owned this property 36 yrs, it was unimproved acreage only

2007-05-27 06:26:32 · 1 answers · asked by llbutler1 1

2007-05-27 05:29:47 · 3 answers · asked by Carol R 1

I know some people double up or paid for two tax years in one year and none in the next; then repeat the cycle. So do you write one check on Dec. 30, 2006 for instance, and another for Dec 31, 2006 with a note saying for real estate taxes in 2007. I understand the principle, just a little confused on how this works.

2007-05-27 04:42:55 · 4 answers · asked by Joanne J 1

2007-05-27 04:29:33 · 2 answers · asked by Monkey 1

Hello,

I'm a single mother, anual income about 23k. I have a baby and the father pays child support and daycare expenses.
We pay 800/month for daycare.
I know I'll have a tax deduction by the end of the year, so the "net cost" of daycare will be actually less than 800/month.
Can anybody help me to "estimate" how much deduction will I have so we can calculate the net cost of daycare?

2007-05-27 03:42:05 · 3 answers · asked by ICanada 2

Hello,

I'm a single mother, anual income about 23k. I have a baby and the father pays child support and daycare expenses.
We pay 800/month for daycare.
I know I'll have a tax deduction by the end of the year, so the "net cost" of daycare will be actually less than 800/month.
Can anybody help me to "estimate" how much deduction will I have so we can calculate the net cost of daycare?

2007-05-27 03:41:00 · 2 answers · asked by ICanada 2

O nevermind... found a graph:

http://www.randomuseless.info/gasprice/gasprice.html

Funny... "randomuseless".... hmm.... I guess we must keep it that way...

2007-05-26 22:30:13 · 4 answers · asked by island24 2

My $50K back tax debt to the IRS has been classified as "currently not collectible" for the past two years. I recently won a Disability settlement from Social Security and received a check for 4 1/2 years of back SS Disability payments (FYI: I am no longer disabled and am now working part-time). What I wanna know is, can I open a new bank account (I don't presently have one) and deposit the lump-sum SSA check without having some kind of alarm go off at IRS HQ which results in their hoovering that account dry the second it clears? I fully intend to use a big chunk of the money to work out some kind of payment or offer in comprimise plan with them, but I need to be able to use some of it for urgent medical, dental and other essential expenses (such as a good tax attorney) first. Any information and or suggestions would be greatly appreciated. Where possible, please cite references, regulations, IRS publications, etc. so I can make sure I have my facts straight.

2007-05-26 21:33:52 · 6 answers · asked by Rickenharp 2

2007-05-26 20:22:11 · 2 answers · asked by Denmark A 1

If your answer is you can't, dont answer at all

2007-05-26 17:09:14 · 19 answers · asked by rockysimon2005 3

It was agreed upon both sides when my last day of work was. I told unemployment I was laid off and my company said I was fired thus getting a letter that stated my filing for unemployment is under review. How do I correct this and will I be denied. I was never written up for poor performence as my employer stated that the reason of termination nor did I received a 30-60-90 day review of my job. Also did not abuse or neglect anything or anyone. Do I agree that I was fired saying I misspoke, fight my side, or say that I was unsure what happened thus the reason why I picked what I did. i aslo filed the claim before the last day of pay but was told this would not cause a problem

2007-05-26 16:22:41 · 5 answers · asked by eric s 2