United States - July 2007

i always hear about people saving there receipts in hopes of getting their taxes on the purchases back. is it true? will only medical receipts work or any purchase?

2007-07-27 02:19:36 · 8 answers · asked by vanesa b 2

I found out last Friday that the e-return my tax preparer filed on April 11 was rejected by the IRS on April 13. The IRS said they informed my tax preparer at the time of the rejection. My tax preparer never informed me of the rejection. I hoped to go away on vacation in August with my step-daughter, using the money from my tax refund. I am furious that now I cannot go on vacation. My tax preparer promised to get back to me in a couple of days, but now a week has passed. She made several mistakes. She filed me as "Single" when I specifically requested in writing that she file a "Married Filing Separately" since I explained my wife and I had separated. Second, she claimed a child tax credit on my return, even though she had just completed my wife's return and claimed the child tax credit on hers! This caused the IRS to reject the return. What do I do now? BBB? Small Claims? Board of Regents? She's done our returns for 3 years. Can I demand she loan me my refund? What should be my next step?

2007-07-27 01:33:45 · 5 answers · asked by Tertium Quid 2

2007-07-26 23:16:38 · 14 answers · asked by lildanil77 1

Resident alien, will start work with a software for less than 4 months remainder of the year. My wife and children will still not be with me for the remainder of the year. Can I still file as Married Filing Jointly with 2 dependents? What options do I have? I've seen some posts re: election on the status? Thank you.

2007-07-26 21:39:06 · 2 answers · asked by Edge2007 1

Hi there, I'm looking at moving to NC under a H1B visa and just have a few questions about taxes, I'm British and I know our government robs us so I was wondering do you pay car tax? Council (local government) tax?,Tax if you're renting a property? TV licence? etc. and how much is it?

Also how much (roughly is income and sales tax (ours is 22% and 17.5% respectively)

Thanks for any help given.
Alicia

2007-07-26 21:29:04 · 9 answers · asked by ALICIA B 2

2007-07-26 19:48:03 · 5 answers · asked by pj 1

I have been paid a portion of job costs up front to cover material cost. I pay taxes on these materials due to not having set up exempt status yet. Do I have to pay quarterly taxes on the amount spent on materials as they were already taxed? Do I deduct the material costs and pay taxes on that amount?

2007-07-26 18:27:18 · 2 answers · asked by offi90 2

yea, they are taking out the MAXIMUM amount of taxes, and everyone else at my work filled out a form saying EXEMPT or somehting like that and i never got one of these forms, and i am only 16!!! so i know i can do that, and then when i asked them to see my reord they dotn even have my APP in there! but in everyone else they do.

2007-07-26 18:12:15 · 3 answers · asked by samiiialexxxis 2

2007-07-26 18:05:55 · 1 answers · asked by some1 1

2007-07-26 17:47:20 · 4 answers · asked by amfi_s73 1

2007-07-26 17:10:29 · 5 answers · asked by Anonymous

My former church hired a member to do some work. He has IRS tax liens filed against him and has worked under the table for years, so the pastor agreed to make the checks payable to the wife, who had nothing to do with the work for which the guy was being paid. This seems illegal (fraudulent conveyence?). Does anyone know which part of the tax code might be involved? Could the church's assets be at risk? Everyone knows about this guy's tax problems. His wife uses her maiden name because of this.

2007-07-26 15:30:24 · 14 answers · asked by Anonymous

2007-07-26 15:20:14 · 4 answers · asked by Anonymous

Someone screwed me and I think they need screwed back.

2007-07-26 15:16:47 · 5 answers · asked by nipsy3 2

I am a student with no income other than investing, and I am curious how capital gains taxes work. Say I started the year with 10,000 invested, and through many trades, within that year, I end up with 15,000 in my account. Am I charged the capital tax on every single trade, or is it just charged on the final profit amount of $5,000? Also, If i have no income other than investing, and my profit falls under the federal exempt tax status, do I still have to pay capital gains tax? One more thing, what is the name of the form to fill out capital gains taxes? Thanks!

2007-07-26 15:06:10 · 2 answers · asked by patdog453 1

2007-07-26 14:49:27 · 4 answers · asked by kidzmom 1

If I decide to convert my traditional IRA to a roth IRA what taxes will I owe on the conversion. Would I just be taxed on the earnings or would the entire amount be subject to income tax? Conversion amount would be about $25,000 and I am under 59 1/2. I am currently at the 25% tax bracket.

2007-07-26 10:29:56 · 3 answers · asked by meetbleek23 3

I didn't file because I was working as a 100% commissioned rep, and I wasn't making much money and I got behind on my bills. I filed the last two years, but the Gov didn't indicate any wrong doings when I filed for 2005, and 2006. I'm concerned that I'll be audited for tax evasion can this happen? I'm also looking to get into law enforcement and i'm concerend that they will find this out during my background investigation. If I filed the last two years and I got no complaint from the Gov, then does that mean according to their records i didn't do anything wrong?

2007-07-26 10:18:32 · 5 answers · asked by Lions2007 1

i want to auction stuff to clear room in my home, but i was wondering do i have to pay taxes on the items i auction?

2007-07-26 10:04:02 · 3 answers · asked by mauzer666 1

I am going to recieve a large sum of money, is there any way of hiding it from taxes and the government, such as off shore accounts or other countries.

2007-07-26 09:33:09 · 8 answers · asked by mikeyblu03 1

My paycheck will be about $232 and i live in buffalo, new york.

2007-07-26 08:57:07 · 0 answers · asked by Anonymous

I claim single 3 on my paycheck, and then claim married at the end of the year, but lately I'm working 12 to 15 hrs overtime and bringing home less money then when I have no overtime, so my question is should I change to married now and just not get back as much at tax time? Is there anything else I can do to see more of my paycheck? Thank you for your help.

2007-07-26 08:31:21 · 5 answers · asked by barrgains 1

2007-07-26 08:00:38 · 5 answers · asked by ztim21 2

2007-07-26 07:19:48 · 8 answers · asked by donquixotereturns 2

I work 2 jobs and I was wondering do I have to have taxes taken from both checks? & if I dont will I get a bigger refund check at the end of the year!

1 INCOME TAXED
Pros:
-More money now!
Cons:
-Pay more money @ the end of the year!

2 INCOME TAXED
Pros:
-Less taxes taken out at the end of the year!
Cons:
-None! !@^&#*@#

Please help! Thanks!

2007-07-26 05:51:40 · 9 answers · asked by DaQuiteGuy 1

I've filed my Federal Taxes, and need to do my state return. I can't find a site that will only submit the state taxes. Every where I've went will only do both of them together. Free would be fantastic but if I had to pay, fine.

2007-07-26 02:59:09 · 2 answers · asked by Anonymous

What is Social Security income based on?

2007-07-26 02:31:32 · 5 answers · asked by Anonymous

2007-07-26 02:27:35 · 7 answers · asked by Anonymous

Why do taxes come out of my pay checks and I have to pay taxes on anything I buy?

It's like, some guy on a farm sells his goods to / for a store, he gets taxed on what he sells, the store gets taxed for it, and I pay tax on it with money from a check I get taxed on....

So let's say we're talking about a tomatoe is one of the goods in the aforementioned statement.... It's like taxes are payed on it 3 times over.... Am I right or not?

Also, shouldn't I be able to write off food? I mean, we all need food to have energy and LIVE to do our jobs, shouldn't we be able to write off the clothing we buy? Not all of us want to wear clothes but it's against the law to be nude in public, so shouldn't we be able to write stuff off that we NEED to buy to function in society?

What are your thoughts on this? Feel free to call me a dumb*ss or agree with me...

2007-07-26 02:21:57 · 6 answers · asked by James V 3

Because my Tax Preparer (H&R) forgot to include $18 interest in my tax return with an income of six digits, they have started a paperwar. The 18 Dollar changes a dozen numbers on the return and they want interest for a year on it. A friend of mine had his Bank in Canada report internal movements in his retirement funds as profits to the IRS. He hasn't touched the funds in 20 years. Now he is in trouble. Anybody know, what's going on, or has similar experience?

2007-07-26 02:17:30 · 3 answers · asked by Anonymous