United States - November 2007

I need answer quick please! If they get to collect taxes, can they set the amount collected? Please help. I would like someone who really knows about his answer. It needs to correct! Thanks so much! toodels ♥

2007-11-04 14:51:06 · 2 answers · asked by Ashley 2

i filed single & #1 for self dependent on my W-4 form, i live in NY how much money would get taken out of my paycheck? i get payed weekly... thanks

2007-11-04 14:37:20 · 2 answers · asked by colombiaz.finest 5

2007-11-04 14:11:28 · 7 answers · asked by Leannan 1

I used a tax software (Tax Act) for 2007 and just typed my stuff in and it told me i would get $0 for child tax credit. I am claiming 3 children. I heard the less I make the more I would get back for child tax credits

2007-11-04 14:00:40 · 4 answers · asked by Jesse T 1

2007-11-04 13:47:13 · 4 answers · asked by ferk12 1

am i gonna benefit from this?

2007-11-04 13:15:40 · 9 answers · asked by justasking 1

2007-11-04 12:09:59 · 6 answers · asked by ferk12 1

My wife and are were married in June and we're debating whether to claim married jointly or claimed married separately. I'm in a 28% tax bracket, she's in 25%. We own a house and have a son. What should we do? And more importantly, why should we do that?

2007-11-04 11:23:11 · 7 answers · asked by marko 1

I went to BANK OF AMERICA with my IRS refund check. The check had my name, address and social security number on it. I showed the Teller and bank manager my driver's license with my picture on it and my social security card with the matching social security number on it and they STILL refused to cash the check.

2007-11-04 10:47:21 · 6 answers · asked by Anonymous

2007-11-04 09:58:13 · 5 answers · asked by Eder S 1

Do you need dependents to get back tax return money like next year I am supposed to get my tax return money after filling out the tax return form and i don't have any kids or anything like that will istill get my tax return money and they take a lot form my check?

2007-11-04 09:52:21 · 3 answers · asked by Anonymous

2007-11-04 09:42:34 · 2 answers · asked by j r 1

2007-11-04 08:46:11 · 2 answers · asked by Ms.Adorable07 1

2007-11-04 08:22:57 · 9 answers · asked by Lonnie F 1

I have just been terminated from my job and I am in the process of relocating to another state. Do I have to apply for unemployment in the state I live in or do I apply in the state I'm moving to?

2007-11-04 06:40:28 · 4 answers · asked by Aiesha J 1

Hi,
I currently do not work, the only income I get is 'interest' paid to my 6 month CD account. I shouldn't say 'income' because I don't plan to withdraw the money (just leave it in there).

But I have two questions regarding taxes and I need some help:

Question 1:
How does one file for taxes in situations like this? I mean, the only thing I can report is the $240 earned...that's all I have for the year (or is it YTD income?). Can I do this with the1040EZ form instead -- rather than paying a tax guy to do the job and end up with negative cash flow?

Question 2:
If I transfered the account into someone else's name, do I have to pay taxes on the $240 earned -- even though the money isn't a withdraw?

I am asking all this because my bank (Washington Mutual) doesn't seem to know how to answer any of these questions...and my "soon to be fired" tax guy never answer calls nor return messages and is nowhere to be found except in the months of Feb-Apr.

Please help!

2007-11-04 06:26:32 · 6 answers · asked by PCH Dude 1

Determine the amount, if any, that is includible in the gross income of the emplyee: An employee arranges to have his annual bonus, $1,000, paid directly to his son. His objective is to make a wedding gift to the son.

2007-11-04 05:20:58 · 5 answers · asked by nceirishka 1

I get my check direct deposited, my employer does not give me a check stub, for awhile they did & then stopped, I have asked quite a few times with no results. Do you think there's something going on with them? Any advice will be appreciated. Thanks everyone

2007-11-04 04:54:05 · 5 answers · asked by Anonymous

25 years ago:
Dad (F)-non-US citizen residing in UK
Mum (M)-non-US citizen residing in UK
Daughter (D)-non-US citizen residing in UK
Brother of M (BM)-non-US citizen residing in UK
Sister of M (SM)-potential US citizen, but definite US resident

F passes away and leaves inheritance to M and D. M earmarks £50K for D and places in bank account in Jersey, and signs over full control to BM and SM who will determine when D is ready to receive money (have notarised authorisation letter from 1985). M's name remains on the account but has absolutely NO authority-just a safety net in case BM/SM both pass away prior to distribution to D. D has no knowledge that account exists.

Account has not been touched. Only change in balance has been interest earned on principal.

Now:
M and D have since become US citizens residing in US. SM/BM are ready to hand over money. Money will go into US bank account held in the name of D/M.

Is SM, M, and/or D responsible for filing?

2007-11-04 04:46:43 · 1 answers · asked by Dirty Deez 1

Our two member LLC is choosing to file our federal taxes as a corporation. I understand that we have to file form 8832 to declare that we will not be filing as a partnership. Can we simply file form 1120. What tax schedule will we follow?

I am looking for answers from LLC members with experience in this matter or answers from educated tax professionals.

Please don't tell me to look at irs.gov

Thanks.

2007-11-04 03:59:06 · 6 answers · asked by hoskimotoe 1

Please advise whether a 100% disabled veteran is required to pay sales tax on a vehicle purchase. The veteran resides in Arkansas and has been granted 100% based on Individual Unemployability. The purchase was made at a dealer in Oklahoma.

2007-11-04 03:47:11 · 2 answers · asked by KLD 1

How many can I claim on my W4 aithout ending up owing money? According to the form 6?!?! I am single with one child, no child care expenses and make approx. 26,000 a year

2007-11-04 03:14:54 · 5 answers · asked by Anonymous

I am recently married and my husband is a disabled american veteran. He does not collect SSI. My question is should I change the number of deductions on my W4 from a zero to a 1 since I am the household main income support. Would I end up owing taxes at the end of the year. We also own a home as well.

2007-11-04 02:53:35 · 2 answers · asked by Anonymous

do you get more money on your payvheck by writing 1 instead of 0 on ab and c claim lines
when starting a new job?

2007-11-04 02:47:01 · 3 answers · asked by dx m 1

This is just an argument me and my friend had, not related to my own life.

If you have a live in girlfriend or boyfriend and she is cheating on her taxes and gets caught (she owns her own business and didn't file taxes for it) can the IRS take your home that's under your name. If you need more details to figure it out let me know.

2007-11-04 02:17:23 · 7 answers · asked by Anonymous

2007-11-04 01:44:39 · 7 answers · asked by Get to know me first.... 2

2007-11-04 01:43:25 · 10 answers · asked by Get to know me first.... 2

I understand that when you are traveling to the US, you have to declare if you are carrying more than $10,000. I also understand that this $10,000 is not really a limit and one can carry any amount one wants provided it is declared at the customs if currency is in excess of $10,000. What I want to know is -

- Does this mean that my wife and I can each carry $10,000 or $10,000 is the limit per family (obviously without needing to go through the hassle and delay at customs).

- I am a US Citizen and my wife is a GC holder - does that make a differnce with respect to the allowed limit?

Thanks,

2007-11-04 01:40:39 · 3 answers · asked by Cool Customer 1

2007-11-04 01:07:21 · 6 answers · asked by axptmartin 1

I say they pay less because they spend more money overall

My friend says they pay less because there are more middle/poor class taxpayers than rich taxpayers.

Who's right or are we both wrong?

2007-11-04 00:51:15 · 12 answers · asked by Anonymous