United States - August 2007

this is my first time paying the estimated tax with form f1040es. i'm planning on paying 100% of the tax i owed in 2006 instead of figuring out that confusing form. my income will basically be the same. I have just received the fellowship stipends in july that will be subject to the estimated tax and I'm wondering what form I need to file in order to explain to the IRS why I did not pay the first two scheduled payments of the estimated tax. does such a form exist? if so, how do i fill it out?

2007-08-02 09:21:44 · 3 answers · asked by fancy_muskrat 2

Ok, I know that different states pay different amounts in Unemployment (which isn't fair).

How ever, say I live in Oklahoma and recieve Social Security and Medicare....could my monthly amount increase or decrease signifigantly? IF SO, what are the top states that pay the most and whats the bottom states that pay the least? Thanks again

2007-08-02 09:12:12 · 3 answers · asked by Com HA 1

My pension will be under $80,000.00 per year and while I want to work a little I plan on earning less than $40,000.00 per year.

2007-08-02 09:02:10 · 4 answers · asked by moodyj1 1

According to payroll, the IRS will take 25% for federal taxes, 6.25% for social security and 1.45% for medicare. Is there any way that I can opt not have to any taxes taken from this bonus. I figure if I can balance out when tax time comes then I will be okay. Either that or I can pay back at the end of the year.

2007-08-02 09:01:27 · 6 answers · asked by Hoping he will bless me with #1 4

Hello, i'm getting married in 2 weeks. How should i file my taxes in January? I want to get the best possible tax return so we can recover from all this wedding spending. what do you think its best to do. I'm 23yrs old, i don't go to school, i work full time. Thanks!

2007-08-02 08:59:05 · 4 answers · asked by bride07 1

2007-08-02 08:55:42 · 4 answers · asked by Anonymous

2007-08-02 08:48:41 · 7 answers · asked by hoganhugh 1

2007-08-02 08:31:23 · 4 answers · asked by JC 1

take out of that check once a month dollar amount please?

2007-08-02 08:19:33 · 2 answers · asked by unique 1

If I'm working as a consultant (paying my own taxes) instead of being a regular employee (where your employer takes taxes out for you), how much more should I be earning in gross income?

2007-08-02 08:12:23 · 4 answers · asked by Albert L 3

i live in florida if that matters

2007-08-02 08:10:11 · 8 answers · asked by rebelmommy4u2 1

k i just started my job yesterday.. i work at a thrift store so they have all kinds of stuff other than clothes... and i was being trained on cash register and a woman came up to check out and my trainer told me she was tax exempt.. so i had to put all her items under clothing because theres no tax on clothes... how can u tell if someone is tax exempt??

im only 16 years old so... not a whole lot of technical words plz lol.

2007-08-02 07:13:32 · 4 answers · asked by Anonymous

2007-08-02 06:21:12 · 7 answers · asked by cynthetiq 6

we filed a truthful tax form in 05 and every yr previous and cant imagine why this is...

i just need some peace of mind, someone to tell me that IRS has been known to make mistakes..

thanks

2007-08-02 06:14:33 · 8 answers · asked by rayrussman 1

Hi, I've been looking to add a balcony to the second floor of my parent's home. It would be large, around 8x8 and be situated over a driveway. I do understand a permit needs to be obtained for such a structure, but I was wondering if the house and property would be taxed at higher rates since the value of the property would probably be increased. Is there any estimation on how much more expensive this would be (we are located in Queens, NY)? Thanks for reading!

2007-08-02 06:12:09 · 7 answers · asked by daphusa 1

My mother has a LLc single member company, Im helping her with her business everyday, I don't get any payment for that, so its advisable that my mother include me like her employee, Could her business have any problem if IRS find out that she has an employee and she doesn't declare me like that because I'm working for free? What will be the advantage if she declare me how employee ? Could she deduce more taxes if declares me employee?

Thank you in advance.

2007-08-02 06:03:16 · 5 answers · asked by Anonymous

Is this money considered income?

2007-08-02 05:58:56 · 7 answers · asked by fredbelldingding 1

Especially given the school dictrict is basically so bad it's useless? This is the total including County, School District and Municipality. The School alone is $3300. This is PA, what's it like in other parts of country?

2007-08-02 05:47:35 · 9 answers · asked by Anonymous

I know how to keep the records and deduct my supplies and rent, etc and then only claim the rest, BUT do I have to get a tax ID number or an LLC license to do this or can I just do it without those?

2007-08-02 05:28:45 · 2 answers · asked by chaispicetea 4

I am currently not having any federal taken out of my paycheck each week because of the number of exemptions I have (I have 5 kids and am head of household) Will I get a refund this year?

2007-08-02 05:08:26 · 9 answers · asked by sweetpradagirl 1

I want to know if the sales tax for buying clothes in California is 8.5%?

2007-08-02 04:48:32 · 1 answers · asked by bellakitana1 1

Individuals own stock in a holding company whose sole asset is an insurance company which is going into receivership today. The stock is worthless today, as there is no market it and the shareholders won't see a dime, but it won't actually be disolved for a year or two. Can we take the loss this year? Or do we have to wait for the formal disolution to be completed?

2007-08-02 04:39:09 · 3 answers · asked by BruceN 7

my 06 w2 said 8200 in social security wage box. if i was to retire today is that what i get?

2007-08-02 04:32:11 · 5 answers · asked by elijahk9one 1

Public Record On tax report .. Last month my credit report showed that i never paid a state tax bill on my public record so my credit score dropped 150 points .. I disputed it and now it's says paid .. How many years is this gonna affect my credit report caise it's still shwoing now but this time it says paid

2007-08-02 04:18:43 · 3 answers · asked by bigantdog22 1

Ok I'm new to the whole tax write-offs and so forth.

I had a question or two about this.

First can someone exlain to me breifly a little about them.

Second: I work 50 miles away from my home and i drive 100 miles a day just for work. WEll i bought a car mainly for this.
I financed a car out of my own pocket no company vehilcle and its main porpuse is for work. I was wondering if i save my payment receipts and stuff if i woud be able to write this off when i file my taxes next year? Also should i save my gas receipts for this too? Will this benefit me and what all will it do?

thanks

2007-08-02 04:08:24 · 6 answers · asked by dayv2005 2

i own property and i pay state taxes, in my tax returns, i have not said that i own property. I do pay the state tax though.

I need to know if I am obligated to pay taxes to the federal govt as well.

2007-08-02 03:18:53 · 3 answers · asked by halllo 2

we have been having trouble filing for our tax refund because of an issue getting my son's social security number. is there anyway we can go ahead and file and not claim him, and then go back and amend it later and get the rest of the money? we filed an extension and have until oct 15 but im not sure its going to be resolved by then.

2007-08-02 03:15:15 · 4 answers · asked by spacey 3

I am just wondering around what month is the usual time. Also, what percent back do you get?

2007-08-02 02:17:03 · 7 answers · asked by Anonymous

2007-08-01 19:23:49 · 6 answers · asked by SOUTHSIDER13 1

Received a letter from IRS, say I owe $4,000 in tax, interest and crap from 2001. I don't even recall filing a 2001 tax return. And I did not work that year. Can they do this? I do not even know what questions to ask them if I called.

2007-08-01 19:10:48 · 4 answers · asked by Ellen B 2