United States - July 2007

I am moving into the city for hospital reasons and I'm asking my friend to move into my house while I'm gone and all I'm asking her is to pay me the amount of the mortgage, not one cent more. She'll be putting the money into my bank account and I will send it to the mortgage payment. Is that considered income? Do I need to report it?? I'm not making money off of the house, just asking someone to pay me the mortgage amount so I could pay it while they take care of my house.

2007-07-07 21:46:52 · 5 answers · asked by Just Me 2

what percent do they deduct from your check for taxes

P.S i live in the state of florida

2007-07-07 19:44:48 · 6 answers · asked by bigmarvin2003 2

2007-07-07 18:02:15 · 2 answers · asked by angel_rat_83 1

can i pay UI and get UI benefits?

2007-07-07 17:34:48 · 2 answers · asked by sb 1

2007-07-07 17:11:16 · 2 answers · asked by angel_rat_83 1

Ok, I've been getting some mixed answers please help. Say for example that I run a business out of my office in my home and I need to purchase a computer. When I write this computer off as equipment needed to run my business will** The money be refunded back with taxes? or **Will the $500 computer be non taxed if it exceeds my business income for that year. Basically, with the computer and no income to the business it becomes a loss, so will it do me no good to write it off.

2007-07-07 16:54:05 · 6 answers · asked by Bri up 1

Do you think that we should end mediatory taxation for social programs? Think carefully before you answer. What would happen if these taxes were no longer collected? Now, on the other side; if you pay the same amount as some other countries, how would that benefit YOU?

2007-07-07 16:32:41 · 4 answers · asked by SapphireSeaFairy 3

2007-07-07 16:21:36 · 7 answers · asked by Mae 2

pay after deducting taxes ?

2007-07-07 16:10:12 · 2 answers · asked by Anonymous

employer ? if so shoould i ask for a health insurance card or something ?

Otherwise can I ask them stop deducting medicare taxes ? how does this work

2007-07-07 16:07:17 · 12 answers · asked by Anonymous

if they agree, will you get a refund on the amout you already paid !!!

2007-07-07 15:38:29 · 6 answers · asked by Anonymous

I won't have much mortgage interest to deduct in the current year (i.e. 2007) because my mortgage loan won't begin until September. I might be better off taking a standard deduction for 2007. Can I defer the deduction of my mortgage points on my home purchase which I paid for in 2007 , to my 2008 tax return?

2007-07-07 14:09:47 · 5 answers · asked by S T 1

The situation is this:
3 people sharing ownership, no other employees
the product we're selling is a web application that will be a online subscription service
we've decided to form a LLC

Based on tax laws (rates, flat fees, etc), where is the more beneficial place to form a LLC between New York and Connecticut? We don't expect any income for the first 5 months of the company's formation.

2007-07-07 11:36:17 · 4 answers · asked by liangonesearmy 2

the IRS in Texas- a community property state.it appears they are applying their guidelines for marital property by insisting that my pension be calculated with my husbands social security,His own pension and wages to determine if HIS social security benefits are further taxable.According to publication 555,pages 2,3,4 benefits are taxable to the person whose NAME it is or OWNED by. I take this to mean;HIS social security benefits,His wages and HisPension determines whether His social security benefits are further taxable. I don't receive social security. I receive a Pension in my NAME which is taxable to me and is not community property for tax purposes just because we share [the same reporting line] on form 1040,16b, and because of where we are domiciled.Being married and filing a joint return in the state of Illinois{non-community proprty state][ permits me to make this adjustment because the social security is not taxable to me. only if spouses totaled income exceeds the limit ..?

2007-07-07 10:48:12 · 5 answers · asked by skyy 2

2007-07-07 09:50:17 · 4 answers · asked by vtowngirl08 2

2007-07-07 09:47:18 · 6 answers · asked by timothy87 2

I'm being audited by my State, (Montana) for personal itemized deductions. Any pearls of wisdom??

2007-07-07 09:32:31 · 7 answers · asked by Anonymous

2007-07-07 06:49:22 · 2 answers · asked by jeannie_1112 1

I am a 1st time home buyer and am in a high tax bracket (33%). I am considering whether I should accept points and buy down the rate and claim all the points (approx $11,000) in the current year when I file my returns next year? This is not a refinance mortgage.

2007-07-07 06:42:38 · 8 answers · asked by S T 1

2007-07-07 06:24:10 · 6 answers · asked by Anonymous

Hi! I am planning to import non-brand name general electronics from China or Hong Kong. I need know where I can find the information about import tax duty? How can I save import tax? I live in Virginia. Thank you very much for your help.

2007-07-07 05:48:09 · 2 answers · asked by sky88jota 1

I live in the city. My tax preparer did my Federal and State returns in April, but did not do my City return. As she filed electronically, I did not realize she did not file the City return. I've recently received a bill from the Collector of Revenue for the City, with late payment charges. Should she assume any responsibility for my late payment charge? She is sending me a completed City return free in the mail, but did not mention anything about reimbursing me for the penalty due.

2007-07-07 03:29:59 · 6 answers · asked by Tertium Quid 2

2007-07-07 03:21:40 · 4 answers · asked by NC 1

I have a high deductible and over $5000 in out of pocket medical expenses so far for 2007.

2007-07-07 03:21:26 · 9 answers · asked by jillrdh2002 2

They Owe Me $73 Doller Refund From Oklahoma City For Non-Resident Taxes, Im Haveing Trouble Geting In Touch With O.K. Tax Commission.

2007-07-07 03:01:55 · 2 answers · asked by Tim H 1

I am interested in openeing a business. The product I wanna but from requires a copy of my TIN. I do not have one. I have a social but thats different. How do I go about getting a TIN. Does it cost $$$$. Also If I get a TIN and dont go through with my business does it affect me?

2007-07-07 01:52:04 · 6 answers · asked by courtney b 3

and is this practice common in other western counties?

2007-07-06 20:43:07 · 7 answers · asked by Anonymous

I have always worked an paid taxes, however there were several years in which my husband convinced me to file with him. Now my very modest check is only about $100.00/week after it is garnished and i am so afraid that i won't be able to raise my children properly if something were to happen to him is there any precautions i can take?

2007-07-06 20:37:37 · 5 answers · asked by mandarn 1

I filed it through the mail and I was supposed to get money back. Turns out they never recieved it. Is it just as simple as re-mailing it, or do I have to configure it w/ a penalty? Do I even have to pay a penalty?

2007-07-06 17:57:01 · 4 answers · asked by Blanca 3

say your job is doing reconstruction. post your job as available so any one can apply also you apply for the position and the company give it to the person who needs to be train. And then one of your boss say that you are going to train them. What would you do?

2007-07-06 17:32:12 · 5 answers · asked by $$kap$$$ 2