United States - November 2007

Hi,
I am leaving in South Carolina state and work in Texas state on travel basis. Texas state doesn't have any state tax whereas South Carolina state has the state tax. My employer is generating paystub with SC state tax but not as per the Texas state rules. They are giving an explanation saying that even I work in any no-taxable state, the paystub is generated as per the home state where you are living.
Is it true? Is yes can anyone give me a link where this as been explained.

Regards,
Naveen

2007-11-02 07:23:27 · 2 answers · asked by epari_naveen 1

Is there any way to deduct any portion of the money that was used to buy a car for someone? Either gift or ??

2007-11-02 07:12:08 · 4 answers · asked by Rudy L 3

Im trying to apply for a mortgage but I need my w-2s for the past two years, which I didnt keep. Which form do I need to get that information from the irs?

2007-11-02 06:34:17 · 4 answers · asked by Anonymous

I'm single, right out of college, moved back home and have no one claiming me as a dependent. I'm trying to maximize my return without being penalized down the road but I just don't know how many allowances to fill. Would 3 or 4 raise eyebrows with the mucky-mucks at IRS for being too high? Any ideas?

2007-11-02 05:22:26 · 8 answers · asked by Marvelknight23 2

2007-11-02 05:08:54 · 5 answers · asked by yuckymonkey 1

Okay do i put "exempt" for the Federal w-4 form if last year i made 9k only? What about State W-4 can i also put "exempt" and pay no tax for both federal and State?

2007-11-02 03:57:01 · 3 answers · asked by Anonymous

Okay here's the situation, last year i made only 9,000 dollars and i didn't have to pay back, i got a refund of 800 bucks back on my income tax. This year i've been only working for 4 months, i put "EXEMPT" on my Federal and "EXEMPT" on my Minnesota State W-4 sheet, is that illegal? I heard you can only put "exempt" on your Federal W-4 only and not your State W-4 sheet. is that true?

2007-11-02 03:37:53 · 2 answers · asked by Anonymous

My last year of college I was working part time and was listed as exempt.

I have been working full time since June of 07 and still listed as exempt and not sure if i checked in/dependent or not.
Where could I find out this info.?


Should I claim myself as an independent of 1 (myself). I live alone, have my own apartment, car, no children, etc...pay Everything I need to live alone.

Would I get more money back at the end of the year being independent. I will have been with the same company for a year and 4 months in Jan. 08.

Is it too late to change my tax status with my company?
Will I loose more money from my paycheck being independent claiming 1?

Im still young and confused about taxes.

2007-11-02 03:04:39 · 4 answers · asked by SouthCackalacky 1

My family and I live in a rented townhouse. The lease and all the bills are in our name. Back in Feb., a friend moved in with us (it was originally temporary) as his lease was up and he was due to deploy in the early spring. The deployment was cancelled and because of some other issues, he has stayed with us since then. He pays a sum to us each month to help with rent, utilities, room and board. My question is, does this money need to be counted as income on our taxes (my husband and myself) as it passed through our checking account? My husband says it should, but am thinking it is no different than any other room mate situation since we rent the home, not own it. Any links would be helpful. Thanks so much.

2007-11-02 02:55:49 · 5 answers · asked by Annie 6

For example; the charity auctions for the victims of the wildfires in san diego

2007-11-02 02:30:10 · 3 answers · asked by ted k 1

I mean, after tax? How much money goes into my pockets?

2007-11-01 22:11:31 · 6 answers · asked by Anonymous

Ok so I have worked all year and when I do my W2's I never claim my children. For dependents I only claim 1 for myself. I was told by doing so it would help me owe less money at the end of the year. I qualify for EIC so when I do my taxes I claim my children. Is this legal.....? Can you not claim your children all year and then pick them back up.

2007-11-01 19:00:00 · 7 answers · asked by lboogie 2

My husband was in Iraq (oct 05-oct 06) and I did the taxes while he was deployed. Is that true that if your married and (even if you don't have kids), you can get tax exemptions for your spouse? (I don't work) I don't think we've ever had any tax exemptions ($3,300 I've heard) ever since we got married? If that's true, could we get money back for previous tax exemptions of the last 2 years? Let me know!

2007-11-01 16:27:06 · 6 answers · asked by dmk062905 1

a sales tax issue that went bad 12yrs ago is coming back to haunt us-it was a business partner that took the money and ran instead of paying the sales tax the state has decided twelve yrs later to come after us with outragously high estimatesate. ive tried refiling with amounts that are closer to reality but no response i need an attorney that can help & go after the expartner for his share because supposedly they cant find him but i know exactly where he is

2007-11-01 16:06:49 · 2 answers · asked by kllychick 1

Carpenters need a supply of screws and nails and things which you need occasionally but don't use up all at once. This can add up to thousands of dollars of stuff. Are these in the same category as tools? How do I deduct these?

2007-11-01 14:42:15 · 4 answers · asked by Hgldr 5

My mom took out a PLUS Loan for my college, but I've been paying on it since I graduated. The IRS and our tax preparers told me I could claim the interest paid as long as I was the one making all the payments, I had proof of it, and my mom wasn't claiming it as well.
However, H&R Block NOW says that's not true. The loan was for me, so it's not like I'm a random paying it for a tax break. Please let me know

2007-11-01 14:05:27 · 6 answers · asked by happee 2

2007-11-01 14:04:00 · 6 answers · asked by mwill467 1

Are the monthly dividends considered straight income ot be added to your yearly income or are these texed at 15% rate. I am talking about taxable fixed income investments.

2007-11-01 13:47:45 · 2 answers · asked by robert w 2

2007-11-01 13:36:59 · 4 answers · asked by curious 1

This year i will have made 39000. I am 25 and for 5 months of the year i had been claiming 1 on my taxes now from july till the end of the year i have been claiming 0. My federal is looking to be around 5100 withheld and my state is looking around 1300 to be held. I also have no write offs :)

2007-11-01 13:27:17 · 4 answers · asked by casey o 1

it's our first child we are trying not to owe any money in April. Should I claim my wife too? I make more than her.

2007-11-01 13:04:29 · 5 answers · asked by Anonymous

saying that they did not had to file taxes.

2007-11-01 12:52:40 · 7 answers · asked by luvkomal04 1

I didn't really know how to fill out the worksheet when I hired on at my new job. My friend here makes the same rate as I do, but more taxes are withheld for me. I get about $300 taken out of a $1200 paycheck. I think I chose to have more taxes taken out now, so I will get a larger return - versus having less taken out now, and getting a smaller return. Can anyone share their knowledge on the subject? I'm getting lost in all the "itemized deductions", etc. as I research and I need some help. I would appreciate any good links as well! Thank you!

2007-11-01 10:55:14 · 6 answers · asked by cherribomb777 2

I just bought my house this year and I recieved an Annual Tax Bill and a Supplemental Tax Bill. My fiance heard from someone that works for a Title Company that we do not have to pay the Supplemental Taxes and we will not get fined or will not recieve any penalties. He told him that when we sell the house they will take it off of the sale of the house. I am a little leary...does anyone have any idea? I emailed the la county tax board and am pending a response.

2007-11-01 10:47:03 · 7 answers · asked by saveit99 1

I was told it is against the law.

2007-11-01 10:43:03 · 4 answers · asked by mylife_isgood 1

9.92 WAS TAKING OUT FOR fiCA. 3 DOLLARS FOR MEDICARE. tOTAL DEDUCTION WAS 14 DOLLARS I CLAIMED ONE ON MY FORM wHY WASNT ANY STATE MONEY TAKEN OUT

2007-11-01 10:33:45 · 3 answers · asked by karen d 2

What is the tax rate for independent contractors in NYC? My average income is around $2,200/month. When do I pay taxes? Will my work give me something like a W2?

2007-11-01 09:46:29 · 5 answers · asked by ryn_fg 2

For example UofX has a $125 application processing fee. Are these tax deductible? They can add up when applying to 3 or 4 schools.

2007-11-01 08:48:01 · 5 answers · asked by rohinivt 1

Does it just refer to Manhattan? what about the other boroughs?

2007-11-01 07:45:30 · 1 answers · asked by nalgene39 1

2007-11-01 07:17:30 · 5 answers · asked by krystalemeka 1