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United States - September 2007

[Selected]: All categories Business & Finance Taxes United States

Hi, The IRS sent me a letter saying there is a discrepency with my 2005 return, but I can't open the 2005 file any longer to take a look. The file is still on my laptop. Maybe because when I installed TT 2006 it removed 2005??

Any ideas? Thanks

2007-09-03 07:25:48 · 3 answers · asked by jambam 1

Which is better: taking the most exemptions possible, or the least?

2007-09-03 06:28:53 · 4 answers · asked by ? 1

I get paid weekly and I do write the amount in a records book.

2007-09-03 05:06:26 · 5 answers · asked by Katz 2

2007-09-03 04:19:53 · 3 answers · asked by biilsrule 1

I have just found out that I can still file for child tax credit. I have a 15 year old daughter at home. I was told that I can file a Schedule C. And I can file for the last five years.

Can anyone confirm this for me? It would be of great help.

2007-09-03 04:11:06 · 3 answers · asked by Debra 2

THEY DON'T LIVE WITH ME FOR THE FULL 6 MONTHS , HOWEVER THEIR MOTHER DOESN'T FILE TAXES AND RECEIVES SOCIAL SERVICE STIPEND. I PAY CHILD SUPPORT, SHOULDN'T I RECEIVE DEDUCTION AS WELL ???

2007-09-03 03:53:55 · 3 answers · asked by JOHN P 1

Is it possible to claim "0" on a W4 form. I'm single, no dependents, can not be claimed as an dependant, not itemizing. Earning $40,000 a year and starting job late in the year.

2007-09-03 03:34:24 · 4 answers · asked by Sharon 2

2007-09-02 23:29:54 · 6 answers · asked by arrow 4

2007-09-02 23:05:07 · 4 answers · asked by arrow 4

any suggestions/ advice?

2007-09-02 16:28:40 · 4 answers · asked by Jax 4

Income for the quarter, with deductions is $17,000.What will the approximate tax be? Self-employed.

2007-09-02 16:03:33 · 3 answers · asked by kolorz 4

When lowering taxes brings more revenue into the treasury, why do some people insist that raising taxes is the solution to solving the government's revenue needs?

2007-09-02 15:04:15 · 4 answers · asked by BarbarianKing 1

4

Will the IRS tax the capital gain as well? Or they will just tax the money I cntributed?

2007-09-02 14:32:24 · 6 answers · asked by sel_bos 3

My mother is going to apply for disbility social security at the age of 60. She retired last year due to illness(heart problems/diabetes) and receives city retirement of 1500/month. Will this affect the amount of social security that she can receive? In other words, if she can qualify for 2000.00/month, will SS lower this amount due to her receiving retirement from her City of Houston job? Thanks for any information~~

2007-09-02 13:46:28 · 3 answers · asked by Prisillla68 2

the property is in Texas and I was served with court papers

2007-09-02 11:23:46 · 4 answers · asked by John H 1

I am married and have 2 kids. We receive a large refund each year but I would like to start seeing more in my check weekly. Currently my husband and I claim single with no allowances. I do not want to owe each year in April, maybe get a small refund to pay bills. What is the most we can claim to at least break even or get a small refund?

2007-09-02 11:01:18 · 6 answers · asked by Kristina H 1

Shouldn't he get taxed after he sells it? Is it fair for him to pay taxes on a ball the IRS feels is worth 500K today that could be worth only 10K in 10 years (if someone else like A-rod beats his record?)

I think the guy should have kept the ball and fight the IRS in court!!!

2007-09-02 10:50:53 · 5 answers · asked by Rolly 2

What about the Hall-Rabushka plan? Is it dead and only the sales tax/VAT people proposing an alternative to current system?

2007-09-02 09:18:54 · 5 answers · asked by Karole C 2

does it mean ownership of property by exclusive people, private, individual ownership, ownership of the best property available, the ability to create wealth, or ownership of property by foreign nationals?

2007-09-02 08:34:05 · 3 answers · asked by Carmelo Anthony 2

As part of my divorce agreement my ex husband gets to claim my son every year on his taxes. My ex does not qualify to receive the EIC because he earns more than the max. amount. My son lives with me all year long. My question is am I able to claim my son for the EIC even though I don't claim him on my taxes?

2007-09-02 07:37:04 · 5 answers · asked by woobies 2

Hi i was wondering what is a great income in the united states , if a person wants to live a great life..not good..GREAT? what is a yearly great income?

2007-09-02 05:58:02 · 9 answers · asked by Anonymous

I just bought a home which has well water but a city sewer. The sewer tax bill is separate from my real estate tax bill. Is the sewer tax federally tax deductible along with the real estate tax?

2007-09-02 05:40:42 · 4 answers · asked by Pupsgirl 3

I work for a major media company that deals with video games. I had to register a DBA in order to work for them for tax purposes. I work at home for this company so I would like to know what I can deduct when tax season comes around.

Since I work from home, I'm assuming that my internet bill, phone bill, electricity are all tax deductable. Another thing I had to buy was a PS3 because I will be receiving material to review for my job, so I was wondering how much of that cost I can deduct.

I also want to know if any video games that I purchase and my GameFly membership can be deducted at all?

Thanks!

2007-09-02 04:26:40 · 4 answers · asked by bibitopito 2

I started about six months ago.. Currently, I'm selling about $10,000 monthly.. I always buy $4000 worth of items and profit about $4-5,000 every month.
How do I know how taxes to pay or whatever?
I'm only seventeen, my uncle is a lawyer and he told me I have to pay taxes but I'm completely lost.

2007-09-01 18:34:37 · 8 answers · asked by rachelxkay 2

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