United States - November 2007

myself=35000.....my wife=25000........we have 4 qualifying children,...i know we dont qualify for EIC......i file exempt.....she files 1

2007-11-11 12:41:40 · 3 answers · asked by niner_72601 1

2007-11-11 12:28:58 · 7 answers · asked by Ms.Isittrue 1

2007-11-11 12:10:07 · 3 answers · asked by scottmbelba 2

or is it voluntary since you made under 600 a year.
P.S. Most likely you would be receiveing money back since you made so little but if you didnt care is that legal?

2007-11-11 11:29:21 · 5 answers · asked by guest987654321 2

2007-11-11 10:35:02 · 9 answers · asked by clarinetmast 2

I haven't filed taxes in the past 3 years, mostly because I was missing W2's. I don't generally make more than $30,000 a year. I need advise!

2007-11-11 10:24:15 · 21 answers · asked by KyHusslin' 1

How many different tax forms are there in the US? I know there is a 1040, 1040EZ, 1040a, b and c, w-2. but how many more US tax forms are out there?

2007-11-11 10:06:17 · 7 answers · asked by pisces02 4

i am about to start work on this job and they say i have to do my own taxes. so what happends if i don do em. how do you do em. is it hard?

2007-11-11 10:02:05 · 7 answers · asked by danyal j 2

2007-11-11 09:36:26 · 5 answers · asked by escapee 1

As a Financial Advisor at Ameriprise, you receive commission paid salary, rather than base salary. How much taxes do they take away from you? Or is it even taxed differently? I live in Virginia, in the DC/Metro area.

Any info would help. Thanks!

2007-11-11 09:26:17 · 2 answers · asked by mstchou23 2

i am 14 w/ a bussing job. i want to know what form to use and when to file it.

2007-11-11 07:54:45 · 4 answers · asked by Anonymous

Hi,
I work for a company that supplies the flowers to a local Wholesale Store. I am a 1099 or Independent Contractor and no taxes are taken out of my paycheck. My question is the company that I work for is asking that I get an EIN number and apply for a DBA certificate and when I researched both of them on the internet I don't understand why I would need either of those as the business is not mine as I work for the company.....so can they do this or should I refuse?

I get a paycheck every 2 weeks....I get the same base pay + a certain percentage if the store sells alot of flowers during those 2 weeks. I do not send them an invoice or anything for my hours.
What do you think?

2007-11-11 07:14:19 · 3 answers · asked by Flowergirl83 1

I currently manage an account that is not in my name but rather my grandmother's. At the beginning of the year there was ~20k and currently there is ~50k. This account needs to be transferred to my name, and I was curious what the best way to do this on a tax basis is. These gains are all long-term capital gains at this point, and are invested in 1 stock. My current income for the year will not exceed 12k in salaries etc, and my grandmother's will be around 50k. My next near income will be substantially higher so I wanted to get this done in the next few weeks. Thank you in advance

2007-11-11 07:07:48 · 2 answers · asked by asg3000 1

Lets say I own a sole proprietorship. Do I have to take out social security for my own pay? Or just my employees? How does it work in limited partnerships?

2007-11-11 06:56:39 · 7 answers · asked by TSSA! 3

Am I able to add these itemized deductions totalling about 4,000$ this year (2007), or will I have to ammend last years tax return?

2007-11-11 06:00:07 · 5 answers · asked by Robyn 2

Or are they refund credits also like Earned Income Credit?

2007-11-11 05:09:45 · 3 answers · asked by stlsigma2 1

I guess what I really need to know other than the percent in WA state is...Do you pay capital gains on the full selling price or only on any profit you make or???
I bought a little rental house, which I should not have done, because I do not understand the financial ins and outs. Now I would be happy to sell and just get my original investment back...Any help will be deeply appreciated. Thank you

2007-11-11 05:00:10 · 3 answers · asked by la rae w 1

2007-11-11 04:53:48 · 11 answers · asked by Mary Ellen 2

I have a 60,000k a year job and my brother is working at a warehouse making 300 a month...why in the world do I get more money taken out of me in taxes than my brother makes as a salary?

2007-11-11 04:31:31 · 5 answers · asked by MNNNN 1

2007-11-11 04:26:44 · 4 answers · asked by memphis_bitch 1

2007-11-11 04:13:04 · 3 answers · asked by sparent1001 1

My husband is active duty ARMY and he claims Texas as his state of residence even though we live in Colorado now. We moved here 8 months ago and own a house here. Now I have a fulltime job (not a DOD job) and have state taxes taken out of my check. Can I register to vote here in Colorado even though my husband claims Texas?

2007-11-11 03:33:55 · 5 answers · asked by TMF 3

2007-11-11 03:23:52 · 9 answers · asked by chris d 1

2007-11-11 03:18:00 · 3 answers · asked by irock 2

I am now a self employed consultant as of last week. I filled out a w9 form for my customer. How much of my income should I be setting aside to cover my Federal taxes? I also live in Massachusetts, and we have a 5% State Tax as well, so that must be added to the amount as well.
Does anyone know the average percent that I should be setting aside? I somehow think that 28% is a good figure? Please help! Thanks.

2007-11-11 03:08:33 · 8 answers · asked by The Corvette Guy 1

My MAGI 75000 and I earned 4500 on u.s. saving bonds which I used it to pay for educational expenses.

how to calculate the phase out, can any body tell me how much I can deduct after phase out??

after phase out, should I include the remainging balance after phasing out in my income

do I need to exclude all of it??????????

2007-11-11 02:06:42 · 4 answers · asked by ssss 1

is it "Form 8903: Domestic Production Activities Deduction"?

2007-11-11 02:00:16 · 5 answers · asked by Anonymous

2007-11-10 22:14:41 · 4 answers · asked by fayzine 1

In a family of 4: parents + 2 kids....if only the parents earn an income, do you list 4 dependnets for tax purposes or do you only list 2, the kids as dependents?

2007-11-10 20:43:23 · 8 answers · asked by Alexandra 1

2007-11-10 18:53:03 · 8 answers · asked by candocantu55 1