United States - October 2007

If a person earns $1000.00 bi weekly before taxes, around what will they earn after taxes when claiming only one?

2007-10-04 17:35:58 · 3 answers · asked by WHOISTHEPUPPETMASTER? 5

my buddy lost his wallet at the club and now doesnt have any ids to cash his check

2007-10-04 16:56:29 · 4 answers · asked by steve r 1

I just started a newspaper route and they dont dedcut taxes. I know if i dont take out the taxes when i cash the check i will be screwed when tax time comes. How do i figure out much money i need to take out each paycheck? Can someone help please

2007-10-04 15:44:04 · 6 answers · asked by Neva L 2

Connecticut currently has a law that exempts sales tax on hybrid cars. If I'm not a resident of that state, can I still go to CT and buy a hybrid car tax-exempt?

2007-10-04 15:25:27 · 3 answers · asked by Anonymous

I'm thinking about selling some rentals I've never lived in. The gains won't be that high so I'm considering just selling and paying the gains tax. My question is: is that calculated on the difference between the prices (plus the depreciation recapture) or can I subract out excise tax, fees and commissions? What if I am the agent?

2007-10-04 15:06:13 · 4 answers · asked by shaakon1 1

I watched a television program a few years back about finances and a young couple who where trying to save money to buy a home. The husband had a full time job and the wife worked part time. The wife's part time income tossed them into a higher tax bracket. As it was calculated out, they would have actually saved money by her not working. I think they might have had some child care expanse as well, but not really sure. Upon hearing this, the young women broke down in tears and said "you mean I have been working for nothing?" My heart felt for this couple and got me wondering about myself who always quickly volunteers for overtime. Am I doing the same as well?

2007-10-04 14:40:13 · 9 answers · asked by nancie_usa 5

I didn’t file taxes for 2005 or 2006. I moved around a lot during at that time and had a hard time keeping track of my W2's and not loosing them. One major place I worked for doesn’t even exist anymore (the Maytag call center “Randstad”, is gone now that whirlpool took over) and they sent my W2 to the wrong place! Now there is no one I contact to get another one. I need to know the best SAFE way to request my back W2's for 2005 and 2006. I don’t care if it costs a fee but I want to file for these years when I file for 2007. I'm 99.9% positive I'm owed money back for these years and I don’t want to loose out now. I guess you could call me a power procrastinator. Can anyone tell me the best way to get copies of my W2’s before tax season? I've tried looking on my own at irs.gov and all I found was a form for back returns that included a copy of the W2's. I didn’t file so that wouldn’t work for me right? Any help would be greatly appreciated!!!

Thank you!!!

2007-10-04 14:31:44 · 8 answers · asked by Mrs. B <3 5

2007-10-04 14:24:37 · 7 answers · asked by Anonymous

I am taking on a side job I can either contract as a 1099 employee or be paid as a employee. I make a decent income and so does my wife, so what about the tax consequences?

2007-10-04 13:53:37 · 5 answers · asked by Steven S 1

My friend did his taxes on a website twice once claiming the info from the 1099, once without claiming it! He found out he would get more money back by not claiming it! What could happen if the irs found out?

2007-10-04 13:31:21 · 9 answers · asked by mbutterfly 1

that if you make a profit of less than 1,800 dollars in america, you do not get charged on taxes?

2007-10-04 12:51:31 · 4 answers · asked by Anonymous

i'm an 18 year old teen living in america who is about to start trading. i've done several jobs in the past years and saved up 10,000 dollars. i have no other ways of income and i just quit my job and mcdonalds. if i trade stocks, how much tax will the government take? also is the tax charged on the total amount you make or on the profit. by this i mean let's say you buy company XYZ for a 1,000 dollars and sell it and make 1,100 dollars. is the tax going to be charged on the 100 dollar profit i made or the total 1,100?

2007-10-04 12:50:16 · 4 answers · asked by Anonymous

2007-10-04 12:47:12 · 7 answers · asked by anirbas877 1

2007-10-04 11:55:01 · 4 answers · asked by Mae B 1

2007-10-04 11:18:24 · 3 answers · asked by Humbird 1

when i pay a large sum like $825, i dont have much money left. i have to wait until my next check. i have a private landlord. is there normally a problem if i want to pay half now and half later. i still need money for gas and food. just to get by till next check.

2007-10-04 11:15:08 · 3 answers · asked by daboywonder2002 1

what exactly is this and how do u get it from your empoyer

2007-10-04 10:13:25 · 1 answers · asked by mf mf mf mf mf fmf mf mfmfmfmfmf 4

Hi I'd like to know if one has to pay taxes on capital gains when:

After selling a security (stock, bond, commodity, currency, etc) and gaining profit from it you re-invest your profit within say another four months or so?

If all the profit is then re-invested do you have to still pay taxes?

Thanks

2007-10-04 08:57:54 · 8 answers · asked by Anonymous

My husband's name was filed wrong on his tax return- I've contacted the IRS regarding thsis but is there an online form that I could fill out and send in to fix this?

2007-10-04 08:28:22 · 3 answers · asked by Anonymous

2007-10-04 08:12:05 · 4 answers · asked by Anonymous

I have a large portfolio of stocks that I bought several months ago and I have huge profits on paper. If I sell now, I will have to pay a 28% cap gains tax on it, so I am wondering how long I should hold these stocks in order to qualify for the much lower long term cap gains tax rate. Thanks for your help.

2007-10-04 08:03:52 · 4 answers · asked by Curious_Rascal 2

Does the write off only apply to licenced daycare providers?

2007-10-04 07:04:40 · 7 answers · asked by Viennacardinal 3

if i file 1099 in the end of the year, do i need pay a lot of tax, compare to W2?

2007-10-04 06:27:07 · 8 answers · asked by nycxwes 2

And what would that time frame be?

2007-10-04 06:09:24 · 10 answers · asked by I have a ? 2

2007-10-04 06:00:02 · 5 answers · asked by alan p 1

i need to change my information on my paystub and am wondering if the taxes taken out would go up or down. how can i find this out? the info is changing from delaware to pennsylvania

2007-10-04 05:42:14 · 7 answers · asked by daboywonder2002 1

2007-10-04 05:31:33 · 6 answers · asked by joe cool 1

Our income tax as derived from wages may go to the treasury dept. however, isn't it a little suspicious that the amount of wage originated tax revenue is almost precisely the same as the interest owed by the U.S. Government to the federal reserve bank?

This is to say, the lip service paid by the U.S. Government stating such terms as "Your tax dollars at work", and "we need to increase taxes to such and such an end..." is just that, lip service.

Where is the accounting to say otherwise? I mean, the logic here would mean that the govt. borrows from the fed res bank for the monies that are said to be tax derived funds for the many programs. While the taxes we pay can not begin to pay the principal of this constantly growing debt.

Schools, roads, PD,FD, welfare, etc. (local programs) are paid for by sales and state and property taxes . The Armed Forces and other federal expences are covered by Corporate tax revenues.

I don't want to be right on this. Please prove me wrong

2007-10-04 05:29:16 · 8 answers · asked by AWM 2

I realize you can get up to $12k FROM your parents tax-free per year, but can you gift money/property to them if they are in need? Seems logical, but our tax code tends to defy logic.
Thanks!!
Hopper

2007-10-04 05:07:31 · 8 answers · asked by TheHopper 1

2007-10-04 04:11:30 · 7 answers · asked by Lisa L 1