United States - August 2007

i was just wondering if it would be better to go this wkend for all the school things or just wait til next week.

2007-08-08 04:21:19 · 4 answers · asked by sinfulprey 3

2007-08-08 04:02:22 · 6 answers · asked by Kathy A 1

Pa tax of $13.56 on each carton that I got. Does anyone know anything about this or received a letter also?

2007-08-08 03:28:44 · 9 answers · asked by snickers803 1

Hello All,
I am getting 35,000 in backpay wages and 10,000 for compensatory damages. I live in the state of Maryland and I just want to know how many taxes will the state take out? What tax bracket does the 35,000 fall in? I want to know exactly what I will be left with after taxes. I already know that they cannot touch the 10,000 because it is for compensatory damages. Thank You!

2007-08-08 02:56:15 · 3 answers · asked by Anonymous

I have often thought about the number of times we pay Tax on a good in the USA. Example: A seed producer charges tax upon selling the seeds to a farmer. The farmer grows wheat and again pays tax on selling is wheat to a bread maker. The bread maker sells loafs of bread to a store and pays a tax. The store sells the bread to the consumer and we pay tax. This is just an example and some think I have often thought about we paid 4 to 5 times tax on the same item.

2007-08-08 02:18:46 · 6 answers · asked by bjg76522 2

income taxes?

2007-08-08 02:09:33 · 9 answers · asked by d23man 1

The IRS sent me a letter to verify I am eligible for EIC and it asks to send in form 4549 EZ but cannot find it on the website. Anyone could help?

2007-08-07 23:36:27 · 2 answers · asked by Dune Buggy 2

2007-08-07 22:58:05 · 3 answers · asked by Anonymous

2007-08-07 22:33:49 · 3 answers · asked by Anonymous

and whats the difference between a regular savings account?

2007-08-07 21:34:13 · 2 answers · asked by Anonymous

im 16 and i just claimed exemt on my tax form for my first job what does this mean??

2007-08-07 21:06:02 · 5 answers · asked by Anonymous

This issue sometimes comes up about giving at church and deducting it from personal taxes but I don't understand the whole concept.

Basically, the question is this. If a person gives their church (a qualified non-profit organization) a donation or offering, and the person reports the gift on their income taxes, does the IRS simply just not tax the amount that was given?

In other words, does the gift increase the amount of non-taxable income?

Then, secondly, what kind of supporting documentation would the IRS require to substantiate the claim. Churches don't normally give receipts for offerings taken during service.

Please state your qualifications if you have an informed answer. Thanks.

2007-08-07 19:35:17 · 5 answers · asked by Anonymous

I work as a car salesman in California. We get paid commission plus bonuses. If the commission is less than the minimum wage, the dealership will pay minimum wage, however, will deduct any bonuses from the minimum wage. Is this legal?

2007-08-07 18:43:51 · 3 answers · asked by OC 6

2007-08-07 17:22:07 · 6 answers · asked by Anonymous

I AM 17 YEARS OLD AND LIVE IN OHIO . RECENTLY MY FRIEND TOLD ME SHE TAKES PAID SURVEYS FOR EXTRA MONEY . SO , I THOUGHT THAT I WOULD TRY . NOW , I MAKE BETWEEN $100 -$5,OOO A MONTH FROM EACH SITE THAT I SIGNED UP FOR TAKING PAID SURVEYS , READING EMAILS , AND ' SURFING THE WEB ' . I DON'T WANT TO GET INTO TROUBLE FROM THE GOVERNMENT BY NOT PAYING TAXES ; WHAT SHOULD I DO ? I DON'T REALLY NEED THE MONEY , MOST OF IT I GIVE TO MY CHURCH , CHARITIES , AND MY GRANDPARENTS TO HELP WITH MEDICAL BILLS . I ONLY KEEP A LITTLE EACH MONTH TO GO SHOPPING AND TOWARDS MY WEDDING FUND , SO WHEN MY FIANCE COMES HOME FROM THE MILITARY IN 2 YEARS WE CAN GET MARRIED . WHAT WOULD BE THE BEST THING FOR ME TO DO SINCE I AM ONLY 17 YEARS OLD ? PLEASE HELP ME !!!

2007-08-07 17:20:58 · 5 answers · asked by Anonymous

I have a couple of computers sitting in storage that I don't use, and I don't honestly know if they work(one of them doesn't for sure, the other one, I just don't remember). I want to get rid of these computers, and I know there are places where I can donate these computers to be put back together and refurbished for schools and other charitable organizations.

I was curious how this applies to the concept of a "tax writeoff", and what benefit that has for me? I don't know anything about this, but it sounds like it might save me some money. If not, oh well, but I would like to know a little bit more about it, since I'm sure this won't be the last time I end up donating something I don't use to a charity or other organization.

Thanks in advance!

2007-08-07 16:30:48 · 3 answers · asked by Nick K 1

Every year I normally get back about 4 to 6K a year from fed and state combined. I'd like to bring home more money thru my weekly pay checks and not have to pay taxes at the end of the year. And if possible still get a small tax return?
Is there a calculator or some sort of chart that can help me?
I am like most people and use my tax money as a savings..I know this is not a good thing but I suck at saving money. When I say this to some people they say "why are you letting uncle sam collect interest off of your money"....so now I have decided to listen to my wise friends but I need help.

2007-08-07 16:12:22 · 2 answers · asked by likeasavage 1

Seems boring but something about it interests me. Does it pay alot? I am in ohio. Thanks for all the help

2007-08-07 16:05:38 · 5 answers · asked by Big D 3

i was just wondering where i stand i have no bills i have to pay except insurance and 20 a week in gas im 16 and its my first job what do you guys think i just got my first aycheck today and i earned 165.00 and brought home 140.00 also can i refile my w-4 form and file exempt from taxes since im a minor with no deductions or dependants at all?

2007-08-07 15:48:50 · 7 answers · asked by Logan M 2

2007-08-07 15:05:40 · 3 answers · asked by confused 1

I got married outside of the US to a foreign national. I lived and worked in the US up until August of last year then left the US to move to my husband's country. My parents filed my tax claim in my absence but they filed me as single instead of married. I've already received my return and wasn't audited but I'm wondering if there is any way the IRS could find out that I filed mistakenly and if I could be penalized for it (i.e. when I send them a copy of my marriage certificate in order to have my last name updated in their records). Thanks in advance.

2007-08-07 14:45:25 · 7 answers · asked by Double 709 5

im a student, making around 5,000 a year over the summer .... do i have to pay taxes ? what is the limit on income before which you have to pay taxes?

2007-08-07 14:31:41 · 7 answers · asked by Anonymous

I have a full time job, and I recently opened a business account for my new side business. But I decided not to start the business because of some reason. After that, I did not close my business account for future use, and I deposit some money to my business account several times (because I thought personal and business acoount mean same to me) . but now I am questioning myself that when I file a tax return, is there any problem on tax return, or shoud I just file W-2 only, or 1040? or together?
And, should I report tax even though I have no income from my side business? In other words, someone with opening a new business account must file a tax report even though no income produced? Please advise me if you have any knowledge on this field. Thank you.
P.S. : I opened a business account after I got the fictitious business name and I have no business licence bucause this is home based small business.

2007-08-07 13:45:46 · 5 answers · asked by Anonymous

I have a site that people are "donating" to, by paypal. I make it clear to them they are donating, and not paying for a service or item. Do I still have to pay taxes on it?

2007-08-07 13:10:46 · 5 answers · asked by Anonymous

im looking particularly for little elm tx

thanks!

2007-08-07 12:53:54 · 8 answers · asked by Chelsea M 3

I want to get a 2nd job but will child support garnish my income from my 2nd job also? Will they deducted more than I have to pay for each month or will they take half from my 1st job and half from my 2nd job?

I live in California and unsure of how child support handles this in my state.

2007-08-07 11:55:46 · 10 answers · asked by McLovin 1

I was recently audited, I work for a railroad and am required to have a phone, so I claimed it as an employee business expense, it was disallowed in the audit, I was allowed to deduct my cell phone but not the home line.
In addition I keep a vehicle at my away from home terminal to use when I eat, it is not required but the company does not provide a way to get meals at the away fromhome terminal. The vehicle mileage log I keep was also disallowed.
Other employees have been audited and were allowed the exact same deductions, there seems to be no consistency in the field auditors. Are these deductions valid in my case or is the auditor correct?

2007-08-07 11:47:42 · 3 answers · asked by Anonymous

My husband insists on rigging his w-4 so that we pay out a lot in taxes and get a 6,000 to 7,000 tax refund every year. While this has been nice and something to look forward to every Janurary, I want to start saving and investing. I think he should have more tax home pay so we can start a retirement account and long-term savings. (Right now we have nothing).

He doesn't want to and says "absolutely not". I know this is because it is fun to have a lump sum of money to do things with. But I think we could be using or money more wisely.

THoughts?

2007-08-07 10:40:13 · 12 answers · asked by Kristine R 4

I have a friend who is claiming too few withholding allowances on his W-4. He believes that his "withholding allowance" on W-4 should be the same number as his "personal exceptions" on 1040-EZ. I told him, the number are often the same, but in his case, he can claim higher. He claims 2, for himself and his son, but according to the W-4, he can claim 7.

Why should I worry about this? Because he lives paycheck to paycheck, and often borrows money from friends, until "refund day", when the tax refund comes back. He also pays company XYZ to give a speedy refund. He always complains to me about money woes.

When I asked him to change the number on the W-4, he at first told me, that was illegal to state a higher number then "household people". After I shown him a W-4, he changed the argument to "I like my big returns/I don't want to owe money to the IRS". How can I blow this argument out of the water? Is there a benefit to the Uncle Sam saving program? Thanks for the advice.

2007-08-07 10:32:43 · 5 answers · asked by Anonymous

What %?

2007-08-07 10:21:25 · 4 answers · asked by Anonymous