United States - September 2007

my mom has a arm injury and wants to file for disability. she has not yet retired and was told that she would loose her retirement benefits if she filed for disability. is it true you can't file for both??

2007-09-15 10:04:41 · 5 answers · asked by ut4memp 1

Paygrade is a E-4
Has wife and 4 kids
Deployed to Iraq 7 months out of 2007
Estimated income for yr is 7058 and taxes paid are 900

2007-09-15 08:51:29 · 4 answers · asked by kramer 2

I just realized that I significantly under reported my charitable contributions in 2006. Should I ammend my 2006 return or can I simply add the amount to my 2007 charitable giving?

2007-09-15 08:21:30 · 9 answers · asked by Anonymous

2007-09-15 07:50:49 · 3 answers · asked by yakngirl 5

2007-09-15 07:11:21 · 4 answers · asked by uno 1

Should i be paying taxes being a non US citizen ? Paying 30% of my skillgames winnings to the IRS .?
Hi , got a prob here . I play skillgames , such as Zuma and Dynomite , for cash , at Worldwinner . I'm fairly successfull , i make a profit . Problem is that the IRS are taking 30% of my winnings off of me . I am of Scottish nationality , UK citizen . Also they don't take my net losses into consideration , taking 30% of my winnings without taking into account that i've just lost $30 playing another game. Am i due a full return of all taxes paid ? It advises to consult an accountant to decide whether my net losses should be taking into consideration . A cyber friend of mine at the site has paid 10k in taxes in the last 6 months , he's Swedish . What's the script then ?

2007-09-15 05:16:54 · 4 answers · asked by Anonymous

I had an accountant file my returns in 2003, I was audited in 2005, by Federal. I took care of that audit, with my accountant. I remember at the time telling my accountant to make adjustments to that state return and sent him something. Well, the state return was never filed, now I owe 2500, at least 800 is intersting and penalties. I keep calling my accountant and he keeps saying he will call me back and doesn't take any action. I called the state myself, they just want to get paid.
Is there anyway to negotiate the fees and interest since I didn't know about the bill till 2 weeks ago. (2 years after the audit).

The state is CT.

The Federal Return was redone and paid. The accountant nevr filed the State portion.

Help. Any idieas? This was a private CPA firm.

2007-09-15 03:20:54 · 4 answers · asked by farmhouse168 2

2007-09-15 02:49:39 · 8 answers · asked by sunny k 1

Human medications are deductible on Form 1040 schedule A only if prescribed by a doctor. Question: are animal meds also deductible if prescribed by a veterinarian?

2007-09-14 22:35:27 · 9 answers · asked by Anonymous

We live in Missouri, in the US, and purchased our first home for $43,000 in 1997. It was our primary residence for 3 years, during which we refinanced the mortgage for $50,000. After 3 years we turned it into a rental property and again refinanced as an investment property, this time for $60,000. After putting just over $20,000 in improvements into the property this year and last year we recently sold it for $78,000. My question is, are the capital gains taxes based on the original purchase price 10 years ago or on the amount of the mortgage we just paid off when we sold it?

2007-09-14 19:31:47 · 7 answers · asked by Shane M 4

Can it be correct that I have to work 77 hours a month to cover my estimated taxes. That just seems unbelievable, I was told by my cpa to write a check for $5827. Geez whats the purpose to own my own business if I have to pay that much. Ugh!

2007-09-14 18:42:13 · 6 answers · asked by kolorz 4

How much money could any one of us give her before we have to pay taxes? Considering there are four of us, is there a total she could receive in aggregate? This is in the United States.

2007-09-14 16:42:03 · 12 answers · asked by Bill 2

2007-09-14 15:27:52 · 5 answers · asked by Marius O 1

it was not in my paycheck! called them and they just keep putting me off! what should i do? it is like less than $90 but then owe me. so whats the best way to get my money.

2007-09-14 14:23:47 · 5 answers · asked by jen4274 1

I have a source for inexpensive computer expuipment that I would like to begin selling on Ebay. However I have to pay sales tax from the provider, unless I have a Merchant ID.

Anyone know how I can get a Merchant ID?

2007-09-14 12:31:25 · 6 answers · asked by crookmatt 4

I owe $54,000 on the house, the state appraisal for taxes is $79,000. Is it worth it to get a reverse mortgage.

2007-09-14 10:36:39 · 9 answers · asked by Pat 1

Every year when I file taxes for some reason I have to pay uncle Sam $3000 and new york state $600. I don't make much money around $40000 a year. I don't know why is this. I'm single with no dependents and a renter. It really kills me. What do you guys think?

2007-09-14 10:26:12 · 9 answers · asked by Anonymous

I am single male and about to start a new job at $36,000 a year I am really confused as to what I should claim on my w-4's, since I have never before made this amount of money. Any help or adive would be greatly appreciated!

2007-09-14 10:00:13 · 5 answers · asked by commet101 1

2007-09-14 09:55:39 · 4 answers · asked by shark 1

what reason or reason would an employer not take out federal taxes in payroll? Does the number of dependents matter? The reason why I ask is because my hubby's employer hasnt taken fed taxes out in like a month, where they have before...? what is going on with this? Is this their way of trying to screw us in the end?

2007-09-14 09:37:28 · 4 answers · asked by Anonymous

I was wondering if there are legal avenues to use to avoid having social security benefits stopped when selling or after selling a property. Another words can a retired married couple sell a business property without penalty or ceasing of benefits, etc?

2007-09-14 09:25:23 · 3 answers · asked by bucky 1

How do I know how much tax to pay if I am a 1099-Misc independent contractor?

I make $82,000 a year.
How do I calculate how much Federal, State, Medicare and SS to pay?

2007-09-14 08:24:02 · 4 answers · asked by Anonymous

2007-09-14 08:17:45 · 2 answers · asked by ? 3

I am starting a career in 100% commissioned sales as an independent contractor paid through a 1099. The business will have general office expenses. Would it be a tax benefit for me to start an LLC and have my checks paid to the LLC.

2007-09-14 07:41:42 · 3 answers · asked by Nutsogood 1

2007-09-14 07:18:15 · 1 answers · asked by Anonymous

2007-09-14 07:13:18 · 1 answers · asked by tom b 1

Now that I've made it through college and established myself in my career and financially, I am looking at various investment and donation opportunities. For personal reasons, I do not want to simply make charitable donations to an organization. One thing that does strike my interest is establishing a scholarship and awarding it to a student attending the college that I went to. What are the potential tax benefits of this type of donation? Would it be comparable to simply donating to a recognized charity for tax write-off purposes?

2007-09-14 07:09:56 · 3 answers · asked by fslabrum 1

2007-09-14 06:55:09 · 3 answers · asked by Prissy 1

I just receive the checks from customers and have to discount taxes myself.

What taxes do I have to pay exactly?

2007-09-14 06:39:49 · 3 answers · asked by Alekz 1

My husband and I have been seperated for over a year with no paperwork filed. Last year we filed married and split the money because we had lived together 6 mths out of that year.

But I need to know if I should change my filing status from married to another because this year we cannot file married because we have lived apart for over a year.

Currently I file no exemptions and our 2 children live with me and have since July of 06. But we have no custody agreement. In order for me to file head of household, do I need to change my filing status with my job?

I just want to avoid any unnessacary fees or penalties. Any incite would be helpful. Thank you.

2007-09-14 06:34:28 · 2 answers · asked by Cookie 2