United States - August 2007

I have been working since February at various jobs and different pay all 1099. I am completely new to this but I would like to know what should I be doing? I have saved almost all of the money I have earned as well as the pay stubs. I have no dependents, etc it is just me, so what am I in for?

2007-08-30 18:35:35 · 3 answers · asked by anotherday 1

Does anyone know what the tax deduction from your paycheck is in the state of Michigan?

2007-08-30 18:14:58 · 2 answers · asked by bk021783 1

I am trying to import household furniture from pakistan for personal use. (1/2 container worth of furniture). basically living room and bedroom set. Can some on tell me what is the import duty. Thanks in advance.

2007-08-30 17:20:13 · 1 answers · asked by Nervious Guy 1

I am a TX resident and and Active Duty military member. I do get a clothing allowance of about 550 a yr., but by regulation I have to conform to certain standards. I get a haircut once a week ($8) plus a tip ($2). This comes out to almost my clothing allowance, plus I still have uniform expenses throughout the year which exceed the allowance. On top of that I also have to pay for gas on a vehicle ($45/week) which I use primarily to, from, and at work. What about my cell phone? I have a cell phone that I use primarily for work communications, can I write that off? I've read about the gas and phone things but I can't find anything on the haircuts.

2007-08-30 16:11:45 · 6 answers · asked by noee54 2

2007-08-30 14:00:14 · 6 answers · asked by Val & JuJu 1

....I've done it before but I forget....do they base your anticipation loan on last years tax return or what they estimate your tax return to be this year?

2007-08-30 13:42:35 · 5 answers · asked by PoisonApple 2

Me and my wife both work and have a daughter. Now she makes about $7000 more a year than me. When tax time comes around we file joint married is there a benefit? Who can claim in order to get more money back with the income tax credit for our daughter?

2007-08-30 12:58:09 · 6 answers · asked by Anonymous

Ok I am married with 1 child living with me but my wife makes more money than me what do i claim in my Federal Income Tax Withholding on my check? I don't want uncle SAM asking me to give him more money when February comes around.

2007-08-30 12:46:43 · 4 answers · asked by Anonymous

I didn't get any reason for the missing refund and I can't talk with anyone who knows anything at the LA state tax office. I don't understand, God flushed the state twice and it still is filled with sh!t! Please help!

2007-08-30 12:26:36 · 3 answers · asked by galenfarris 2

2007-08-30 11:20:25 · 6 answers · asked by lorenzo and lily's mommy 5

I have earned 500.00, but I am concerned about having to pay taxes on it if it is $500.00 or over. I know this tax/penalty is about 30+% and would like to avoid it. Any information is appreciated. I live in Texas if that matters.
Thanks!

2007-08-30 11:14:11 · 6 answers · asked by Prisillla68 2

I want to know if he needs to file return and pay taxes? We (my husband & I) file joint return and we fall in 30% tax bracket. If we include him on our return, does that mean we need to pay 30% tax on his income too? Or he should file separately?

2007-08-30 11:13:20 · 5 answers · asked by Mary L 1

So I want to take any profit and use it on a down payment. Will this work for the like investment clause or anything like it?

2007-08-30 10:17:09 · 7 answers · asked by anna s 1

I filed my taxes with Jackson Hewitt. IS there anyway to get a copy of my taxes or just my W2 online? I need them in order to finish my application for financial aid. Our house burnt down and we lost all our papers

2007-08-30 09:42:29 · 8 answers · asked by Stephanie T 1

My live-in son would like to start a small business. I would help him, but really don't need the money and would work for free. I realize that as a sole proprietor he would owe self-employment taxes. If we would decide to become partners to make it easier for me to help him with business contacts, would I have to pay self-employment taxes too, making the tax owed on the business double? How would we file income taxes - on a joint business return or on our individual tax returns. I currently file jointly with my husband. We don't expect much of a profit initially, so a double self-employment tax between us would really eat into profits.

2007-08-30 09:25:49 · 9 answers · asked by Joyce 2

What is the highest tax paid on unearned income? Is Lottery winnings considered unearned income?

2007-08-30 08:44:24 · 10 answers · asked by steve s 1

- I gross $38500/year
- Tuition is about $7000/semester including books and lab fees
- I drive to class 4 nights a week about 40 miles each way

2007-08-30 07:44:26 · 4 answers · asked by cj 1

If I claim 0 on my w-4 (i'm married with kids) but my husband claims me on his w-2 is this an exemption?

2007-08-30 07:30:20 · 2 answers · asked by Boogz99 2

i am filling out fafsa for financial aid for college and i dont know what i did with my tax paper, so is there any way i can get a copy asap i need numbers like how much was taken out in taxes and how much i got paied for 2006.... please help!

2007-08-30 06:24:26 · 5 answers · asked by Anonymous

He doesn't return my calls or emails, I am trying to have a tax situation resolved and have gotten nothing from him in 3 months.

2007-08-30 06:05:50 · 5 answers · asked by dawncoleman55 2

Do they tax imports also? if not can't rich people just buy their expensive stuff overseas and import them? or would that be more expensive than just buying it here and paying the tax?

2007-08-30 05:31:39 · 5 answers · asked by what? 2

I've started doing a lot of freelance graphic art work. Mostly logo design. How much do I need to make in a year to start claiming it? Also, am I supposed to charge sales tax? I usually design their stuff and give it to them as a file and let them get it printed. So, it's seems to me that I'm offering them a service not a good? I'm in Ohio if that matters for sales tax.

2007-08-30 04:54:16 · 4 answers · asked by SomeOhioGirl 1

Old taxes from years ago but IRS is getting anxious for the money. I own a business that is doing well and do not owe any current taxes. Just want them off my back. Hopefully we can compromise on a settlement.

2007-08-30 04:44:33 · 9 answers · asked by Anonymous

2007-08-30 04:38:14 · 4 answers · asked by Jason M 2

My wife and I just got married in June and have yet to change our W-4 forms to married...is this a problem? Do we have to change our forms to say married or can we continue to file as single? Not sure how this whole process works. Thanks a lot.

2007-08-30 03:40:28 · 5 answers · asked by trackman716d 1

Does the local library have any way to take money out of your tax return, when they claim books have not been returned?
My friend used the after hours drop box to return 3 books. When she went to check out more books a few months later, she was told 3 books were past due. She told the woman at the desk, that the 3 books were put in the drop box months back. The woman got real nasty and told her she couldn't check anything else out And that if she refused to pay the late fees, that the library would get that money back from her tax return!!!
Is this true? Can the library take money from her tax return?

2007-08-30 03:05:53 · 4 answers · asked by Anonymous

After the last annual calculations of your fiscal activity we have determined that
you are eligible to receive a tax refund of $268.32
Please submit the tax refund request and allow us 2-3 days in order to
process it.

To access the form for your tax refund, please click here

Regards,
Internal Revenue Service


I just received this, is this a joke???

2007-08-30 02:47:15 · 9 answers · asked by Anonymous

I have a 401K distribution and i want to pay off my car note because my income is fixed and i do not want to default the loan...I have at least 30k in my 401K account and I would like to take 5K from it to pay off my bills since I do not have a job and and monthly payment of 200 bucks is killing me. what should I do?

2007-08-30 02:35:42 · 5 answers · asked by wazee712 2

My taxes were "underestimated" (according to the tax assessor's office) which resulted in an underpayment by me of $2900.00. This tax increase/bill seems a little high for me (especially since I live in a tax-freeze zone as my house is new construction in a "rehabilitated" town - that is they offered special tax incentives to the builder and future owners to build and live there respectively) for only one year.

Does anybody know whether this type of tax increase is unusual, and if so, what should I do about it? I would like to fight the increase, but don't know whether this is a "normal" estimation process in NJ. Any insight into this problem would be great. Thanks in advance.

2007-08-30 02:31:21 · 2 answers · asked by Anonymous

I should add that my wife doesn't work, but will be starting a job in three weeks. Should I change my withholding from single to married? If so, how many should I claim? I like the idea of getting more in my check every week, but I don't want to get whacked next April. Thanks in advance for your answers.

2007-08-30 00:15:28 · 5 answers · asked by Failure to communicate 3