United States - October 2007

2007-10-07 10:31:44 · 7 answers · asked by Bella 4

I heard that at around this time of year if you go to h and r block or amscot you could use your last paystub to get an advance (refund anticipation loan) before you get your W-2 in Jan.? Has anyone done this or tried to do it or does it just sound bogus? Someone told me they did it for christmas money but if you really could then dont you think everyone would????

2007-10-07 09:10:32 · 11 answers · asked by Anonymous

I am a photographer that needs a tax ID number. I want to know what to do to get one, in South Florida.

2007-10-07 08:18:17 · 1 answers · asked by intriguevideo 1

I have a stock BPT (NYSE) which I keep just for the 10%+/year dividend it has been paying out. Will the capital gains taxes which I get charged on these dividends be equal to whatever tax bracket I am in, or is there a fixed tax rate on them which may be at some % less than my tax bracket (which I think is around 33 or 35%)? I'm hoping obviously that the latter is the case as I'd rather not get charged 30% in taxes on the 10% dividend that I'm making. Also, would the tax rate on stock dividend payout be affected in any way on how long I had held the stock? Thanks in advance for any pertinent and knowledgeable responses.

2007-10-07 07:32:09 · 4 answers · asked by Anonymous

I bought EXM (Excel Maritime) on the NYSE at $13/share around Nov 2005 and it's at $59/share. I had heard somewhere that the capital gains tax is less if you hold on to a stock for more than two years prior to selling it at a profit and just wanted to find out if this is true because I'd hold off on selling for another month or two if this is the case. Thanks in advance for any pertinent and knowledgeable responses.

2007-10-07 07:10:01 · 2 answers · asked by Anonymous

I know I am, after reading statistics on how many times a dollar earned is actually taxed....begins with income tax, tax if you save it and earn interest, taxed if you use money saved, taxed every time we buy something.
Also, have you noticed how every time a tragedy happens in our country, we have to raise money from our own selves...the citizens, to pay for helping others or providing the things government should be prepared for. In the mean time, we are in debt $600,000,000,000.00 due to war. Do you think America is being duped?

2007-10-07 07:06:17 · 2 answers · asked by Cub6265 6

2007-10-07 07:00:17 · 5 answers · asked by stanley c 1

I know IRS can take everything from somebody if they owe money for one or another reason.My spouse had problems before he got married for me, and he still have not taken care of them. I am worried that i can get in trouble because of him one day.Is that possible, and how can i prevent my savings and 401k?

2007-10-07 06:26:16 · 6 answers · asked by Poznai 1

2007-10-07 06:09:53 · 2 answers · asked by WILLIAM D 1

2007-10-07 04:31:24 · 3 answers · asked by Randy M 1

I want to borrow on my federal income tax like I did last year and want to know how soon I can do that.

2007-10-07 03:49:37 · 5 answers · asked by Arthur H 1

Is there a maximum amount the IRS will direct deposit for a tax refund before they just send out a check instead?

2007-10-07 01:14:24 · 3 answers · asked by paniked856 2

We moved at the beginning of the year and so I put my W-2's away until I could file. Well in April when I needed them, I could not find them anywhere. Filed an extension and now its October and they are no where. I am afraid they may have been thrown away accidently. I had worked for 2 companies during the year and my husband recieved a 1099 for a retirement withdrawl. Any advice on what to do? Can I have the IRS just figure out my taxes for me??? Thanks for any help.

2007-10-06 22:54:29 · 8 answers · asked by cooperandzoesmom 2

I am a free lance photographer and that is not my full time job. If a camera purchase can be a work related deduction, what does that mean? Is it a tax credit or just a deduction from my gross income? THANKS!

2007-10-06 20:17:01 · 7 answers · asked by beaver_1946 3

who here has had a foreclosure and can tell me about the aftermath with taxes....my main question is about the exclusions.....are there any circumstances where i wont have to pay the difference in taxes as income on a 1099? i heard if i have own/ live in the home for the last 5 years, i will not have to pay on that? is this correct?

2007-10-06 19:09:17 · 3 answers · asked by Anonymous

I would like to file for taxes so that I can be eligible for student loans.

2007-10-06 18:17:19 · 7 answers · asked by khanjan_04 1

Ok, so I have a friend at work and she has a 2 year old little boy. But last year she let her bf carry her son-the dad, and she carried 2 of her friends kids on her tax returns. Well she came to work crying about how the IRS sent her something saying she owes $6k to the IRS. I want to help her out but I dont know what to do. Is there anyway that she can turn in some sort of paperwork that would get the IRS off her back, like something that would make her not owe anything, or what is the worst that they are going to do to her. She is now raising her son on her own and she needs her full paycheck as well as her future returns. Help please. She is really stressing out and I hate seeing her like this.

2007-10-06 16:17:26 · 10 answers · asked by kellie_new_mom25 2

2007-10-06 14:38:50 · 4 answers · asked by sweet kiss 4

I paid out of pocket for a couch, chairs etc..

2007-10-06 12:58:39 · 3 answers · asked by susiekisber 1

My family paid off my credit card bill last year; this year I am able to pay them back and was going to just write them a check. But are there any tax penalties? The amount is more than the maximum gift allowed per year.

2007-10-06 12:54:40 · 5 answers · asked by Anonymous

when working outside of the US a hypo tax is express in your salary.

2007-10-06 12:53:11 · 5 answers · asked by Darryl S 1

Both my husband and I just got new jobs and we are confused as to what to claim I already put 3 but he has not filled his w4 out yet was claiming 3 a mistake and now what will my husband have to claim.

2007-10-06 12:52:15 · 4 answers · asked by steffi 2

Does it depend on how much I make an hour? I don't want to work so much overtime that I get taxed more and have a small check anyway. Anything over 40 hours is overtime/time in a half, I also get paid bi-weekly if that makes a difference. I am not in a management position

2007-10-06 12:26:27 · 3 answers · asked by country2125gal 2

i live in california and i heard that if you make under $6000 you get all the income tax back from the government. is that true? if not how much is it?
how do you get income tax returns? when?

2007-10-06 11:58:01 · 4 answers · asked by hk6732 1

I am currently in college. I just started my second quarter and realized that books and supplies cost an arm and a leg, perhaps even my own life. Hahaha...
Anyway, I know that tax season starts around March 08, what are some items that I can put as deduction? Should or should I not make an itemized tax report as a college student? Why or why not? I want to maximized my return since art school is pretty expensive and I only make under $14,000 a year. I live in an apartment and I think I will be getting a disability soon. What should I do with my taxes?

2007-10-06 11:24:17 · 2 answers · asked by Lord_Benjew 2

I have read that in 2008 the capital gains tax will be 0% for those in the 15% tax bracket (about $63700 AGI)
If true, how will the IRS treat a combination of capital gains and earned and unearned income.
For example
sold stock with a cap gains of $63700
additional income $40000
will first $63700 from cap gains be considered first?, therefore $0 tax and then the $40000 considered in the 25% bracket?

2007-10-06 11:23:45 · 2 answers · asked by skipper 5

Will I still required to pay capital gain tax if my Unrealized Loss in stock market is bigger than the Realised Profit by the time I file income tax?

2007-10-06 11:22:23 · 3 answers · asked by sel_bos 3

2007-10-06 10:58:14 · 4 answers · asked by rhindbaugh 1

I have an online business (self-employed). If I put $1,000 (or whatever amount) into advertising my business, then do I get a $1,000 deduction? Or do I only get part of the money back/applied toward tax bill? Try as I might, I just can't understand taxes.

2007-10-06 10:33:00 · 4 answers · asked by merebear83 2

I AM FIFTHY-NINE AND PLANNING ON TAKING THE MONEY NEXT YEAR TO PURCHASE A HOME IN ANOTHER STATE. THIS WILL BE MY FIRST HOME. I WANT TO USE SOME FOR THE HOME AND INVEST WHAT IS LEFT OF IT.

2007-10-06 10:29:29 · 3 answers · asked by buffy 1