United States - October 2007

I am recently married and this year I have not and do not work. My husband works fulltime and we have a daughter together.
How do we file our taxes in Georgia?

2007-10-09 02:57:05 · 3 answers · asked by Flighty 1 3

If we use our tax exempt number to buy wholesale goods to sell at our business, will we eventually have to pay taxes on our purchase at the end of the quarter, or are we exempt from taxes on that purchase completely? How does it work?
Thanks!

2007-10-09 01:55:00 · 2 answers · asked by Sugarcookie 5

I am retired , and get a pension, I also have some credits toward social security , but not enough to recieve benefits.

If my employer pay into social security , will I then qualify ?

2007-10-09 01:29:00 · 6 answers · asked by moham 1

Our house was bought about a year ago. but my credit score sucks, so we qualified w/ the mortgage using only him as the buyer even though my income is greater than his...I would qualify for a particular tax break that he won't qualify for in regards to the yearly school taxes (100% va compensated gets caps on school taxes just as a 65 yr. old would). However, I need to be listed on the grant deed and would like to know if someone has advice. I called the citys school taxes office and the advice wasn't helpful, i.e., I need to be placed on his grant deed.

2007-10-08 20:13:03 · 3 answers · asked by warpedhybrid 3

Is there a limit for investment income tax? Like a certain amount of money you made so that you need to report the tax??

let say i made around 100 dollars this year from investment, do i need to report??

2007-10-08 20:10:22 · 4 answers · asked by michael_leung1987 1

I live in ca.

2007-10-08 17:32:53 · 3 answers · asked by lulu 2

I just read that Oprah makes 200 million a year, and i've heard of others like paris hilton making 35 million a year...

Im canadian and don't know how american tax works. Is it a standard tax or is it based on income? Thats a lot of tax on 200 million!

2007-10-08 15:24:27 · 2 answers · asked by Anonymous

OK I need some help ASAP My hubby does not let me see what he makes and I just found one of his pay stubs and I'm SO UPSET!!! For one he works away from the home Mon-Fri and he always say's "I forgot my pay stub or I put it in the trash"... Me and my two kids eat like s**t all week and I'm sure by what he makes he eat's very well... Right now we are past due 2 mo's in rent, I have 2 Elc bills, and I had to go to the Salvation Army to get help paying my water it get's better I had to go to a church for food last week... He always say's well they take out so much out in taxes so on and so on... I have been with him for 16 yrs and I'm about to walk ((OK I'm done B**CHIN)) This is the thing We live in Florida and I'm guessing by the end of this year he will make 47,000.00 and as of right now he has paid ONLY paid 1,358.00 in federal withholding... So we do not owe the IRS how much should he start paying weekly into federal starting this week... If say he makes 900.00 a week...

2007-10-08 14:48:43 · 2 answers · asked by ~~Lisa~~ 4

Im a US citizen starting work with a US company that offers a 401(k) plan with a "Roth" option. Since I live overseas, I'll be able to use the foreign earned income exclusion to exclude all of my income from this job. Does anyone know if I can make the Roth 401(k) election under these circumstances? If I do, do the Roth 401(k) contributions somehow become taxable?

Thanks in advance for your help.

2007-10-08 14:48:15 · 1 answers · asked by NotEasilyFooled 5

If i give $1,000 to an local NON Charitable organization with the intent that they will of finally given that money to the Red cross. Is that 1,000 deductible on my tax return?
*they did donate that money

2007-10-08 14:36:49 · 4 answers · asked by clugolf 1

Hey Yahoo! Here is my situation: I am 23 years old and have been living on my own for just a couple of months now. Whether out of immaturity or laziness I haven't filed my taxes in the past 2 years. The thing is that I doubt I owe the government and money so I'm not worried about that. I just worked a couple of part time jobs while I still lived at home so I'd be surprised if I made over 4k a year for the past two years.

My problem is that I want to go back to school in January and I wish to apply for financial aid. Unfortunately, I need my financial information in order to do so. I honestly have never done taxes on my own so I don't even know where to begin (the last time I had filed my taxes my father did so for me but I am no longer in speaking terms with him). I'm guessing I need my W2 forms to start but I don't have those anymore. Does anybody have advice for somebody new to filing taxes?

2007-10-08 14:34:09 · 11 answers · asked by Bluebluemcgoo 1

2007-10-08 13:18:42 · 5 answers · asked by YVONNE R 2

what does that mean to you? should it be changed? what can one do?

2007-10-08 12:30:44 · 4 answers · asked by jeremybayes 2

2007-10-08 11:34:46 · 5 answers · asked by tpyne28 1

My sister and I purchased a new home in 2004. The form 1098 has both of our names as payer/borrower with only my ss#. We've been splitting the mortgage interest deduction, but this year after my sister already filed her 2006 return, someone mentioned to me that I should be the only one to claim deduction for the mortgage interest. I need to file my tax by 10/15/07 and was wondering if anyone can help me out on what to do! p.s. I didn't have enough income to pay mortgage last yr, so my sister paid mostly...

2007-10-08 11:25:19 · 5 answers · asked by Qtip07 1

My sister has recently received a ton of treatments and I have had to help her with the copayments. They have totaled over $50k this year and she is not claimed on my taxes. Is there any way I can get tax relief from all the out of pocket money I have spent?

2007-10-08 11:02:38 · 10 answers · asked by Paul J 1

I recently purchased an item from the Blockbuster Online Outlet store. The item shipped from Texas (where the warehouse is I guess.) However, I was charged NJ sales tax. I tried calling customer service but they guy who helped me didn't really know anything about sales tax. "Don't worry, sir, we wouldn't do it unless it was legal." I thought they could only charge sales tax if they had a presence in my state. There is no Blockbuster Online Outlet warehouse/store in New Jersey.

2007-10-08 10:35:22 · 3 answers · asked by dodge66trio 2

I thought the more money you make, the higher the tax? But it seems like they tax up until you're filthy rich, then you don't get taxed anymore.

2007-10-08 10:05:33 · 7 answers · asked by lost.in.love 4

2007-10-08 09:28:58 · 1 answers · asked by ~mommy2alex~n~maria~ 2

2007-10-08 09:05:04 · 1 answers · asked by Scarlet 2

My wife and I are buying a new house in MD where the state and county transfer taxes will be about $8000. We are going to close in December this year, but will probably take a standard deduction. Can we deduct the property transfer tax even though we are going to take the standard deduction this year? Are transfer taxes deductions or credits?

2007-10-08 09:00:28 · 4 answers · asked by Mike F 1

2007-10-08 08:58:22 · 2 answers · asked by Ann M 1

2007-10-08 07:23:12 · 3 answers · asked by blueticker15 1

My father wants to leave me the value of some property he is selling ($90,000), and since it's all he owns and he was going to leave me the property in his will anyway, he says it's inheritance and we know people who have left their children inheritance while they're still alive. So my question is, how would we claim this as inheritance and not a 'gift' under the IRS? Do we need to fill out a form? Does he have to be dead for this to take affect? Is there a limit on how much you can claim as inheritance?!

2007-10-08 06:47:03 · 4 answers · asked by hrgirl1701 4

I opened a mechanic shop in January of this year and am in need of a laborer, but dont want to have to pay employment taxes or buy workmans comp at this time, how do i go about hiring a contract laborer? Maybe next year if the money is coming in good I can hire as employee and pay taxes and stuff.

2007-10-08 06:38:20 · 3 answers · asked by smi_le_y 2

2007-10-08 06:23:58 · 8 answers · asked by Stacey B 1

Including Social Security, Medicaid, Federal & State withholdings

2007-10-08 05:30:08 · 6 answers · asked by Tawnya d 1

I am planning to rent my townhouse and move to another city in the same state.
If i rent in the new city can o claim my rent as an expense for doing business....since i am technically in the renting business.

2007-10-08 05:26:20 · 5 answers · asked by znafar 1

I would like to know if there is a chart or list to see how much % we need to pay for every dollar we earn. I know that the more you earn the more taxes you pay but it seems to me a little to much to pay 19% for 700 a week...and it is only for one week that I received a bonus!!!

2007-10-08 05:16:49 · 3 answers · asked by Cici 2

In US, do people usually count their tips or not when declearing personal income? Does government have an effective way to track this kind of all-cash income, or people just do this by morale?

What about countries in Europe?

Thnx.

2007-10-08 04:43:26 · 3 answers · asked by Remyflt 1