United States - September 2007

2007-09-04 05:21:26 · 3 answers · asked by mark111 1

should i still claim him as a dependent , and will I recieve my yearly child tax credit?

2007-09-04 04:09:19 · 3 answers · asked by chandrafam 1

I recently sold some shares of stock granted to me when my company came out of bankruptcy. I didn't sell all my shares. I know the initial income in the Ch. 11 emergence will be reported on my W-2 as income, but the total loss in selling the shares was around $230 (I think $223.31 w/o checking the website for sure).

Is this loss reported separately from itemized or standard deductions--basically my refund amount will go up by $230 or a fraction thereof based on tax percentages--or will the reporting be buried so to speak in the Q&A on my software package I use in determining if it's better to take the standard deduction or itemize?

2007-09-04 03:51:35 · 6 answers · asked by DRL 5

he is working part-time, and I am not sure how he should claim?

2007-09-04 03:15:40 · 3 answers · asked by chandrafam 1

2007-09-04 02:50:19 · 6 answers · asked by Anonymous

2007-09-04 02:39:37 · 4 answers · asked by deborah d 1

Does a person who dies in November, 2005, have to file taxes for that year?

More info:
The person was disabled, not working, had no income aside from social security, and hadn't filed taxes since they stopped working. Are they, or the Executor of the Estate, supposed to file taxes?

As the Executrix, I followed all the requirements that the court gave me but I never saw anything about filing taxes.

2007-09-04 01:58:28 · 6 answers · asked by Curious Jenna 2

I"m 19 and live with my mother. im not married,and have no kids.
on the w4 where it says put 1 here if no one can claim u as a dependant, should i put nothing there since my mother supports me for the most part right now,even tho im over 18?
im not sure if she claims me or not,or if she even can

and was it right for me to put a one in the spot where it said"put a 1 here if your single and have one job?" because that is my situation right now

2007-09-04 01:56:24 · 6 answers · asked by liltammy1988 2

Three main component of total compention:
Fixed pay, flexible pay,and benefit.
senarion that related for the compensation.
and also the management for the compesation.

2007-09-04 00:52:35 · 2 answers · asked by CHIAKI A 1

I was in auto accient that left me disabled. I received a settlement from the . It was 300k but have gone thorugh by bad business investments, family and such. The settlement was last year. Can I receive ssi/ssdi?

2007-09-03 19:12:08 · 2 answers · asked by Anonymous

i have a job but they dont take taxes out of my check and i dont want to owe money at the end of the year for that. Is there someone who can help me with this or help me figure out how much i should take out each month to avoid oweing taxes at the end of the year

2007-09-03 18:13:19 · 5 answers · asked by Bryon M 1

My hubby is in the high income bracket and has to pay 40% tax on any amount over the limit. It sucks! What is the point of having a high income when you end up with a pretty regular one after tax? He said in America tax isn't so high for high income workers, is this true?

2007-09-03 17:36:14 · 5 answers · asked by SmEllY! 6

i just started a job babysitting and my employer made a copy of my social security card for tax purposes. i'm getting paid $175 a week starting tomorrow. do minors have to pay taxes? how much can i make without paying? i had one other job for one week and made $215. thanks!

2007-09-03 15:42:51 · 3 answers · asked by ~Moi~ 2

I have a fulltime job where am working overtime.My question is, would i pay less on taxes if i just worked my full time on this job and then get another part time job without having to work overtime?

2007-09-03 15:42:32 · 6 answers · asked by johnbecker00001 2

here's the deal - I am married have 2 kids in college and 1 in high school. Each year we pay taxes because my husband makes pretty good money. - i am claiming 0 dependents at my very low paying job - my employer is starting a new retirement program where they will match up to 4% of my contributions. should I claim 2 dependents and sock the difference away in this retirement because it's pretax? and will i still end up paying taxes and maybe even more since i will be claiming 2 rather than the 0 I am claiming now??

2007-09-03 14:24:48 · 7 answers · asked by Anonymous

I am moving to Brazil to go to work for the next 18 months to 2 years. I believe if you are out of the country for so many days and do not return you do not have to pay taxes on your money.

2007-09-03 13:38:19 · 7 answers · asked by Ryan M 1

Is he lying or is it the truth. Because my family and I really rely on it.

2007-09-03 13:23:08 · 5 answers · asked by Beverly O 1

2007-09-03 12:37:29 · 18 answers · asked by redz1979 2

2007-09-03 12:20:55 · 4 answers · asked by BILLY123 1

I will be an independent contractor starting in Oct. Normally if I started Jan 1 I would estimate my salary from Jan 1 08-Dec 31 08 and file my first estimated payment Jan. 15. So what do I do about my earnings from Oct 07-Dec07?

2007-09-03 12:04:31 · 2 answers · asked by abby 1

Or how can I AVOID PAYING?

2007-09-03 12:01:09 · 9 answers · asked by cathy h 1

Thats how I set my tax yr for my corporation in NV.
now what about 1099 ? when Is my last day to report those ?
my sub contractors report JAN - DEC. so it wont mach...
any advise ?

2007-09-03 11:59:58 · 3 answers · asked by John 1

Is the IRS an evil empire in itself?

2007-09-03 10:53:24 · 5 answers · asked by Anonymous

2007-09-03 10:38:57 · 1 answers · asked by Marci S 3

I'm 22 years old and i have a four year old son. I haven't worked all year. I just got a job gettin paid $7 working 10-15 hours a week part time. My question is what should i claim on my W-4? I don't want to have to pay at tax time and if i claim "2" (both of us) or "1" will my boyfriend be able to claim us and head of household at tax time like he did last year? I have to do my paperwork tomorrow so i need to know.

2007-09-03 10:36:44 · 3 answers · asked by cakj14 1

I've always thought that receiving a refund meant my tax professionals were giving me good tax advice. I just found out from a relative who is a tax pro that I'm NOT getting good service just by always getting a refund from my tax returns. Why is this the case and what should I do to fix it?

2007-09-03 10:32:59 · 6 answers · asked by rocd 1

2007-09-03 10:23:41 · 2 answers · asked by Anonymous

I had recently come from the U.K and did not know much about tax filing in the US . My husband owned his own business on his social security. He was an upright citizen who always paid his taxes. That is until he was diagnosed with lung cancer. Whilst struggling with the disease for 2 years he accumalated tax debt amounting to $22000.00 which i was unaware of until he passed away. Whil'st I was married to him I did not work and was a housewife. I have been financially struggling to meet the basic needs of my daughters and myself ever since his death. I worked over the last 3 years and made a small salary of $23,000.00 which barely covers all the expenses. Our family home has been threatened with fore closure twice. I would like to appeal to the IRS to return any money that i am entitled to. Does anybody have any experience of applying for innocent spouse status. What kind of cover letter should i send with my form. I cannot afford an attorney and would appreciate any help. Thanx

2007-09-03 09:52:01 · 7 answers · asked by Anonymous

is it okay for a social security number to begin with the letter "s"?

2007-09-03 08:43:29 · 8 answers · asked by drizzle365 1

Is there a chart I can use as a cheat sheet to update W-4 so I am not going to owe or be owed a substantial amount come tax time ???

2007-09-03 08:23:03 · 5 answers · asked by jpeluso618 1