United States - June 2007

my taxes are very high because the school , but I do not have kids , i want to know if I can reduce the amount of taxes that I paid cause Im not utilizing the school benefit

2007-06-04 07:12:35 · 4 answers · asked by luis s 1

I was told that if couple is married for 10 or more years and gets a divorce whereas the ex-wife never remarries she gets the ex-Husband's government retirement funds..ex. Social Security Check. Also it doesn't matter about if the ex-Husband is currently married. Is this true?

2007-06-04 07:08:30 · 4 answers · asked by T D 1

Ok this is my problem I am wanting to file for finacial aid for fall semester and my mother will not give me her fedral forms so I can complete the financial aid application she always says that they should not need my tax forms because I do not live with her and that I am an adult. So I call the financial aid office at my local community college and had them explain why they need her taxes. So after they explained to her why I then preceeded to ask her my I please have your tax forms so I can complete my financial aid application and she said well you dont even have a job to support you, remember college doesn't start until August, and I know I will find a job by then. Then she was like why don't you get a job before completing the application and I try to explain to her that you have to file in advance in order to ensure that everything will be completed before the semester starts. So she didn't want to hear that and started to say leave me alone and quit borthering me about it.

2007-06-04 07:01:08 · 2 answers · asked by Anonymous

While our home owner and business taxes skyrocketing why do we still allow churches to not have to pay property taxes?
Time to wake up and treat a church like any other business.
Stop being brainwashed, I promise you will not go to the devil.

2007-06-04 06:35:59 · 11 answers · asked by mr.dingus 1

Get $1,000,000?

2007-06-04 04:47:39 · 18 answers · asked by The Tito 1

The whole story is this. I have a Pentium II 500Mhz laptop with 128 MB Ram that I have been using for the past two years to limp through my classes. I am thinking of purchasing a new computer but would like to know if it is tax deductible. The degree I am taking courses is completely online so the computer a computer is needed to complete the degree.

Thanks

2007-06-04 04:45:26 · 7 answers · asked by blackeyedpeabrain 1

Sorry, I'm not American and I don't know the difference... thanks for helping

2007-06-04 04:28:44 · 4 answers · asked by nic 2

2007-06-04 04:15:56 · 17 answers · asked by topgun0265 1

2007-06-04 04:10:25 · 1 answers · asked by marrian v 1

in may 07 and it is 8 month bank cd ending in jan 08. Also, my interest will be left in the bank to be compunded. When it is tax season comes up for me. Do I file for 7 months for the year 07. Or do I have to pay this cd in taxes in 08 since the cd finishes in jan 08.

THANKS!!!!!!!!!!!!!!!

2007-06-04 03:45:06 · 5 answers · asked by David W 2

I already got a refund from Federal, didn't get one from state until late then the amount wasn't the same one as my copy of the return. She said she refiled it because of some residency issue but never told me about it and still hasn't given me a copy of the refiled return. Now federal is messed up as well and now we may have to give back half our refund. She is not being very communicative about it and is slow about giving us copies. We still have not received hard copies. What do we do now? We can't afford to take legal action.

2007-06-04 03:43:08 · 1 answers · asked by hcnorton 1

Total cost is 200,000. We are thinking of a sale price of 1.2 million. Live in Massachusetts. Husband is Sch C self-employed builder. We might buy land and build our next house so can we deduct the materials on the next house in this year too, giving a net loss?

2007-06-04 03:33:41 · 7 answers · asked by guybee99 1

If I made $2200 tutoring, would I need to file with the IRS or is that amount small enough where I wouldn't have to?

2007-06-04 03:12:57 · 3 answers · asked by matt 1

2007-06-04 02:38:47 · 2 answers · asked by Pauline L 1

Anybody have a similar situation? Know how to figure out how much back pay and monthly you will receive? Husband was making around 60,000 a year supporting myself and four children. A year ago he had an accident and had to have hip replacement. The surgery did not fix problem and he had to have another one to replace entire hip now. hes been out fo work for over a year and can never go back to his former work. How much will we get? We recently filed after burning our savings and I am working now but not making near enough to support us all. is there a formula for finding out how much we can expect to be paid back disability and then monthly?

2007-06-04 02:31:30 · 4 answers · asked by Jenny T 4

Wouldnt the deduction cancel out most of what you would owe on your federal income from the 800k total, when you go to file for that year? Or is there a cap on that sort of thing?

2007-06-04 01:52:00 · 6 answers · asked by amosunknown 7

2007-06-03 20:25:22 · 3 answers · asked by sshashis 1

Mr X, a Insurance Agent (Self Employed)
-Earnings from Non employee compensation 85000.
-Drove for business 26000 miles, his commute was 1200 and personal miles were 3000 . (what is the code section)
-Actual auto expenses is 500. Where will this deduction go? and how
-Used Ford focus worth 20000, He bought it in 1st january. what is the depreciation. Where will it go?
-He has following assest bought on 1st of January.
a. Computer for 1000
b.Furnitur for 2000
-he also paid health insurance for 1400. where will it go?

Which forms will be used and how to calculate all the above items.

2007-06-03 18:22:12 · 4 answers · asked by Anonymous

my employer was the one who made late filing to SSS.. Do I have the right to push them that it was their faults not mine .. are they obliged to pay me based on the days approved by my physician? is there a SSS law imposing for this negligence?

2007-06-03 17:40:25 · 1 answers · asked by hannah 1

any help please...where can I find 2000 year state tax info or State w-2 forms.. I need this info to complete some past crap.. HELP ME

2007-06-03 17:19:40 · 1 answers · asked by tina t 2

If I send my 2006 tax return in like september or october, can I get in any real trouble, or just get fines? What if all my income was self-employed, does that make it worse?

2007-06-03 17:17:17 · 8 answers · asked by martin h 6

I work as a PT sales associate and I am planning trip out of Canada...it will be for a month...I was thinking of taking a leave of absence but my employer told me that I will have to quit and that leave of absence basicaly entails quitting...I am confused...if leave of absence is quitting than why is it called leave of absence...what is a fine line that differentiates taking a leave of absence from plain old resignation?

2007-06-03 16:56:56 · 8 answers · asked by Nina 1

2007-06-03 16:30:10 · 7 answers · asked by Anonymous

I'm a college student studying engineering with a fairly well paying job for my age (roughly 3k monthly salaried and 401K). I live with my parents and they declare me as a dependant.

Should I file a 1 or a 0 on the W-4? Which will get me more cash in the long run?

At what income level do I need to start declaring a '1' while still living with my parents? When I move out do I need to file a '1' regardless of income level?

2007-06-03 15:09:44 · 4 answers · asked by Anonymous

I just became an independent contractor and need to know the first steps. I've read that I need to pay quarterly taxes but how?

I've already read www.irs.gov 12 times, I'm looking for additional information. Any tips?

2007-06-03 14:37:34 · 5 answers · asked by chattylc 3

2007-06-03 14:15:09 · 3 answers · asked by TJ815 4

I just got my ex's state tax refund ($360) because he owed $2200 in back child support. When can I expect the federal refund? Will the federal refund amount likely be enough to pay off what he owes?

2007-06-03 14:03:07 · 2 answers · asked by witticizm 2

I bought a home and made a higher offer with a big credit on closing costs to be paid by the seller. A loan officer told me the points may still be deductible as the credit amount on the closing docs do not show what they are paying for.

2007-06-03 13:14:00 · 5 answers · asked by Anonymous

2007-06-03 11:33:00 · 5 answers · asked by Anonymous

I make $500.00 a week, my wife ,$400.00 a week ($900 a week). 35% goes for taxes, fed, state , med, ss and all the other taxes for earning money. So I have 65% of spending money< WRONG. I buy ciggeretts or beer 100% tax = 25 bucks for cigs and 5 bucks a 12 pk of beer. I buy gas to go to work to pay taxes 100%, I don"t have a write off. I buy anything 7% Sales tax right off the top. I own a house 10% of what I make. For my car plates here is another 1.5%. My phone bill, look at yours it is like 20%. In my house loan I have paid more for property taxes than I origanaly paid for my house. Taxes should not have no write off s. for the rich man, his life shouldn't be excemt. Out to eat $500.00 milage $500.00, Intertament $5000,00 , being rich and having a tax exsempt life you live Pricless. They will soon tax a fart. Mine is a fart They are able to right off a Fart theirs a queff.They will make money by eating beans.

2007-06-03 11:31:57 · 10 answers · asked by rick 6