United States - September 2007

2007-09-01 16:34:00 · 7 answers · asked by j w 1

I got my first job this year. Will i have to start paying taxes even tho im 17?? and how would i do it. My parents arent gonna help me so what do i need to do.

I just am worrie dbecaue my friend owes the governmt taxes beacuse shes been workin since 14 and hasnt ever payed.

I dont wanna end up owing them money, what do i need to do?? All my tax paperwork for the job was filled out for me. And I do have taxes taken out each paycheck but i dont know what else i owe the goevenment. Could someone please explain this or you can email me joshydanny@yahoo.com

2007-09-01 15:18:01 · 5 answers · asked by Anonymous

I want to do a purse with special things on it, and no one has it anywhere (and sorry don't want to give it out for fear of copycat) and was wondering do I HAVE to HAVE a patent, and license. It would be a purse for making life easiter and convenient. No special names, or trademarks or logos necessary.

I mean I don't have $7,000 to spend on a patent, and attorney and other etc......

Tell me do I still need one?

2007-09-01 14:59:08 · 9 answers · asked by DREENA 2

I just cannot seem to get ahead of the game and am swimming in debt. I took out a loan which helped with some and even tried debt consoildation but couldn't afford the monthly payment. I'm thinking of withdrawing money from my IRA (not sure if some or all at this point) to pay off some debt). Is this a good idea? What are the reasons for early withdrawl without penalty?

2007-09-01 14:58:43 · 4 answers · asked by tuckersmom 1

Can you claim a different amount of allowances on a W-4 tax form than on a state tax form? For example, can I claim 2 allowances on my Federal W-4 form but claim 1 on my Georgia tax form? Any info will help....thanks so much!

2007-09-01 14:26:59 · 4 answers · asked by Princess004 2

Im filling out tax forms (w-4). I am single, just moved into an apartment I am subletting from someone else. Do I claim 0, 1, or 2 allowances? What happens with each? The job pays about $32,700 annually before deductions (401K, benefits, & taxes). Also, I have no dependents, live with my boyfriend, and am 21. Am I considered Head of Household too? Can I claim any personal allowances? Please Help! All help is so greatly appreciated! Thanks!!

2007-09-01 14:03:09 · 2 answers · asked by Princess004 2

Ok so I live in california and I just won 100 grand on a sratcher off ticket and I have to drive to sacramento tomorrow to claim my winnings and I was just wondering how much money are they going to deduct for tax.

2007-09-01 13:30:55 · 3 answers · asked by Young J 2

2007-09-01 13:23:33 · 3 answers · asked by pbxgirl 2

1-us cit. and resident contributes 100% support fo his parents who are citizens of Mexico and live here...

2-US cit and resident contributes 100% support of his parents who are cit. of Guatemala. Father is resident in Guatemala and mother is legal resident of US

3-us cit. and resident contributes 100% support of her parents who are also us citizens but are residents of Germany


4-US citizen and resident of Italy. Her household includes4 yr old adopted son who is a citizen of Spain

2007-09-01 11:31:45 · 3 answers · asked by bright_sunshine_smiles 1

seven years ago my boss asked me to fill out a w4 form but at the end of the year i never received a w2 for taxs what did he do with the w4?

2007-09-01 09:40:39 · 3 answers · asked by BILLY123 1

Who is the one who can claim & deduct the kids expenses and receive the tax return?..the kids are with me except he gets supervised visitation....

2007-09-01 08:30:24 · 7 answers · asked by Carol F 1

My wife and I live in Texas. My wife's father died in April 2006. His estate was left to my wife and two siblings. The proceeds are divided evenly. He owned some land in Oregon that was sold last month. The beneficiaries were listed as the sellers of the property. It was not listed as my father-in-law's property, nor was it listed as belonging to his estate. Her share of the sale was just over $10,500. What is our federal tax liability on the sale of the house? What is our tax liability with Oregon, if any?

2007-09-01 08:12:05 · 6 answers · asked by P Ackerman 1

In 2005, I received a distribution from an IRA. The IRA was my mother's and she died in 2005. The money was somewhere between 16 and 17,000. I did not file a 2005 tax return. I want to do so asap and am curious as to whether or not I should expect any kind of a refund from this money??? Thanks very much!

2007-09-01 07:14:51 · 8 answers · asked by justellemJimsaidhello 1

What can I or we do to fix this. We pay taxes to give Politicians large raises and to send Money to other countries that don't give a damn about us.

2007-09-01 06:39:20 · 3 answers · asked by Anonymous

client has a C-corp and he is 65% shareholder. He got 80K on w-2 from corp and 265K withdrawal as bonus. So corp expense the bonus and now he need to report the 265k bonus on his 1040. He has some expenses that he can offset againt his bonuses. Can we file an schedule C and show the bonus as an income and deduct the expenses or not. Thanks

2007-09-01 06:07:59 · 3 answers · asked by Anonymous

I was trying to figure out if you can take the standard mileage deduction. I seem to see different opinions about this.

2007-09-01 05:30:24 · 10 answers · asked by aks_q 2

I have 18,000 in tuition and my tuition is 31,520. I applied for a stafford loan....doesnt the loan suppose to cover the rest of tuition or is it just 3500 dollars???

2007-09-01 04:32:19 · 1 answers · asked by slimblack24 1

now they are both dead. I've heard of a tax deed. The person who pay the taxes own the property. Is this true?

2007-09-01 04:17:56 · 8 answers · asked by frank_200654 1

My uncle gave me a flatbed tower to have so I could move my project truck around. I need to get it registered (In Washington state) and I was wondering if I was going to be charged sales tax on an item that was a gift??

2007-09-01 04:16:20 · 2 answers · asked by jojo_101_00 2

2007-09-01 04:09:58 · 6 answers · asked by luckyme 1

hey peps, i got this business running and have advertised via london careers dot net, also doing mail shots what other ways would you suggest to market my business

it's called jameslloydconsultancydot.com

what do you think of the site

2007-09-01 03:51:05 · 1 answers · asked by mjammy1978 3

I live in Maryland and state tax is 5 cent on every dollar and minimum wage is 6.15

2007-09-01 03:38:54 · 7 answers · asked by Anonymous

A friend of mine is going to buy a house, in my name, for me. The home is $400,000. This is not a loan. So who claims it on their taxes. Do I file it as income or does she tell the IRS she is giving me the money as a gift and I have to pay gift tax? Or does she pay the gift tax? I am very confused and do not know what to do. Please help!

2007-09-01 03:15:32 · 6 answers · asked by Anonymous

If a company pays a third party for moving household goods (qualified) under a nonaccountable plan, what needs to be included in the individual's W-2?

2007-09-01 02:14:36 · 2 answers · asked by Anonymous

My claim states it is "open" but below it states

"reason for delay in pay" Domestic violence
This was my reason for leaving this job

what does this mean
Do you think I will get my benefits

2007-09-01 01:42:49 · 2 answers · asked by Elaine R 2

Assume:
- I have a marginal tax bracket of 30%
- I am investing for a 15-year time horizon.
- Tax is paid yearly on taxable interest.
- Tax is paid at end-of-term on tax-deferred interest.
- The principal is not tax deductible.

If you can provide a calculator for this kind of stuff, that would be appreciated as well.

I am comparing corporate bonds in a Roth IRA vs. Prosper.com in a taxable account.

2007-09-01 00:19:16 · 8 answers · asked by great_and_mighty_adam_levine 4

A friend, who I found money for, would like to give me a car or put money in trust for me in a CD. What do you think is my better option.

(I don't have the money to contact a lawyer or accountant to ask this.)

This person is not a relative.

2007-09-01 00:02:52 · 2 answers · asked by femalegtrst 2