United States - July 2007

How do I do my taxes and claim her?? We got her a place close to her school, but I want to claim her on my taxes,can I? Will she have to file her own because she works part time? We have no state taxes, this is just federal and also her financial aid will be under me..

2007-07-28 12:28:52 · 6 answers · asked by Rosie 4

I recently got hired by the Home Shopping Network as a Work at Home Representative. I have to work exclusively from my own home. They require me to have a computer to work from and a headset telephone and to get local telephone service. Under regular circumstances I wouldn't buy these things. Is it possible for me to write these things off on my taxes?

2007-07-28 12:04:55 · 4 answers · asked by shelly 2

A few different people at work (including my old boss) have told me that you can claim 9 allowances on your w-4 for a couple of months without being penalized by the IRS. Is that true?

2007-07-28 11:58:14 · 5 answers · asked by El G 2

I asked a question about an hour ago:
http://answers.yahoo.com/question/index;_ylt=Am5pHALh_qX9uw5zP1ofJoXsy6IX?qid=20070728124408AAvGwPP

Most responses said that I need to provide more than half of his support. Here I add my situation:

1. I live with my parents. We are 4 people in family.
2. Monthly rent is $1060. Every month I pay $540 or more as rent, where the rest ($520) is paid by my dad. And I've been doing that from the beginning of 2007.

So basically I am paying more part of the total rent. I also occasionally pay for food and other stuff. Does that consider as that I am paying more than half support of my brother?

2007-07-28 10:37:31 · 4 answers · asked by Legend 3

I pay someone to mow my lawn. Can I claim that some how when I do my taxes next year?

2007-07-28 10:35:04 · 6 answers · asked by §†êþhåñïê»-(¯`v´¯)-» 3

My boyfriend owes back child support. He know that the refund will only reflect whats left after the child support is caught up to date. But how long should it take before he recieves the rest of the money.

2007-07-28 10:26:04 · 3 answers · asked by mellowmomma 1

I would like to wire transfer money from my bank account in Europe to my account in US. Do i have to pay additional taxes besides the wire transfer fee?

2007-07-28 10:15:54 · 2 answers · asked by Anonymous

I know that whatever profit there is on the sale would first go to the IRS toward the tax lien, but I am not sure how the tax lien will affect the sale. By the way, after selling the property the tax lien will not be totally paid off. All of the money from the sale will go toward the lien and it won't be enough to pay the entire debt. Does that effect the sale?Will it take longer to close the deal? does the IRS have to sign off on it? How does it affect the marketing of the property and does it affect the buyer in any way?

2007-07-28 10:04:46 · 4 answers · asked by Anonymous

some people have lost their social security number and time after they find out somebody else has been using it and they even made something bad with it how can you fix that? do they make a new one for you..?

2007-07-28 09:30:53 · 5 answers · asked by Anonymous

2007-07-28 09:26:33 · 5 answers · asked by kevinmccand 1

this has been going on for 28 years i pay 300.00 & it go's up 1,500.00 now i owe 48,000.00 up and up i cant get a answer from no 1 in 3 mo's it when up 16,000.00 now my driver lic. has been taken

2007-07-28 07:39:22 · 3 answers · asked by Anonymous

I make 7.15 an hour at a part time job. I am a teen so dont have the medicare and stuff. I will approx. have $185.90 before they take taxes out, how much do you think i will have after they take the taxes?

2007-07-28 07:30:46 · 4 answers · asked by Anita G 1

I use Vangaurd Tax Exempt money market but have seen Ford's taxable money market

2007-07-28 07:27:32 · 3 answers · asked by pierremanonogrn 2

If you take the money you recieve from a stock buyout
our ex partner bought out our stock....and you apply some of
those monies to start a new company can you still get taxed on it? What if the stock it self at the time had no value ?according to his accountant anyway

2007-07-28 07:01:41 · 4 answers · asked by dragonness36 2

carrying him and he won't have to pay anthing its a part time job he's 16 sorry if i rambled thanks in ad vance

2007-07-28 05:27:59 · 4 answers · asked by Anonymous

I made some mistakes (my fault) and although the IRS seems satisfied with my return i am fairly certain I owe them money.
I plan to approach them and will do so with help from a CPA.
In the meantime can they freeze my accounts with no notice or dunning letter?

2007-07-28 05:27:24 · 4 answers · asked by charlotte q 2

My Grandfather just passed away, and I have learned that he is handing down to me 20% of his stocks. When they are all sold, I will be getting approx. $70,000 dollars. Is this taxible? Do I have to pay the IRS? Please let me know soon! Thanks

2007-07-28 04:45:59 · 8 answers · asked by jaccideboss 1

I have two employees from India that work regular schedules for me, about $5,000 each a year. Are they considered as employees or contracted labor or doesn't it matter since they don't live in the United States. Please give me as much insight on this as you can.

Thank you

2007-07-28 04:44:51 · 2 answers · asked by S J 1

I have a part-time job that does not deduct federal tax from my paycheck. I am single with no dependents and I will probably make around $4000 this year from it. What percentage of my paycheck should I set aside to pay my taxes?

2007-07-28 04:43:55 · 9 answers · asked by Tin Can 2

2007-07-28 04:35:01 · 2 answers · asked by joel 1

I currently do not have an escrow account.
My itemized deductions each year are shrinking and are fast approaching the standard deduction allowed by the IRS.

IF I pay my 2007 property taxes in Jan. 2008 and my 2008 property taxes in December of 2008. Can I deduct the sum of both on my 2008 Federal tax return?

2007-07-28 03:58:00 · 7 answers · asked by Terry 1

Like when they save reciepts, does it mean that they pay that same amount less from what they owe at the end of the year. Ex. if I spend $600 on a business trip that qualifies as business expenses, I can then owe $600 less on my taxes?

2007-07-28 02:37:27 · 4 answers · asked by maestro 1

The IRS just sent me a refund for EIC for 2006. Since I was not employed but receiving survivor benefits for myself and children, I did not think I could claim the EIC. I have not claimed it since 1998 and have supported four children. Can I go back and claim the EIC for 1999-2005? If so, how do I begin this process? Thanks.

2007-07-27 22:33:45 · 3 answers · asked by ta m 2

So, what's the, um, tax rate I guess?
Like if I buy something for 100 dollars. How much tax will I pay?

2007-07-27 21:33:43 · 3 answers · asked by slowhand6780 1

Isn't this true that if we close our borders, then we will put a ban on people who want to travel freely. These free thinkers who do not follow the citizenship of any particular country are as important to us as any other fed officer who is draped into rules and regulations.

2007-07-27 20:28:03 · 3 answers · asked by Beurself 2

If I change my status from dependent to independent, does it cost me anything? ie, 2006 I'm dependent, 2007 independent. My parents have never taken out a PLUS loan for me, although they did pay part of spring 07 tuition. I've made ~$12,000 this year, and that does not include the loans and scholarships that pay for my tuition. All my parents pay now is the cell phone bill. I am soon to be 20.

Thank you!

2007-07-27 17:53:45 · 4 answers · asked by ilovedurango 3

2007-07-27 17:47:06 · 5 answers · asked by LuvDylan 5

I just gave birth to my son a month ago. My mother and I got into an argument this evening and she blurted out that she is claiming my child on her income tax refund because I live with her. My boyfriend and I are moving out within the next two months. We're not married but him and I are still together and we decided that he would claim our son.

My mom also says that she's claiming me. I'm 18 years old.

Can my mom claim my son? Can she claim me? I'm not working at the moment so I cannot claim myself nor my son. What are the laws as far as her claiming my son is concerned?

2007-07-27 17:43:00 · 6 answers · asked by just.emily 1

2007-07-27 16:33:22 · 4 answers · asked by alex_saitta70 1

I finally got my money out of an old 401K account that I had from a company I have not worked for in several years. I took the check to my bank to open and IRA account and I am being told that every tax year I will have to pay taxes on the interest the money earns. I am confused, I thought the point of a retirement account was to have it tax deferred until the money was ditributed to you at retirement age!!! Can anyone help me understand? I have money I need to get into an account soon!!!

2007-07-27 16:26:47 · 5 answers · asked by William C 2