United States - December 2007

2007-12-20 12:46:01 · 2 answers · asked by Tori H 1

i work for cash and im going to end up in court for child support soon . my ex knows where i work and that i make cash. i have a 1099 from last year but its from 2 different employers. nothing this year so far. all cash. she knows how much i make too! am i screwed? ive put some money on paper through the bank . but just enough to pay some small bills. car ins., utilities, ect.... can i just tax the money that went through the bank ? or will they be able to find out about the cash too? no checks from my boss , other than he payed my car ins. one time. thats it.ive been there since last feb. and made about 450 to 650 a week but there is no proof, right? i dont want to get my boss in trouble either.is she going to get me thrown in jail? what do i do?

2007-12-20 12:32:03 · 6 answers · asked by Anonymous

2007-12-20 12:30:23 · 9 answers · asked by Counselor 3

What is the monthly income for someone that works 40hrs a week, and earns $50,000 a year? Is there some way to figure this out?

2007-12-20 11:59:53 · 8 answers · asked by ry8617jo 1

I recieved a settlement through a company for wrongful termination..It was less than 20k. Will the company have to send me a 1099 with my W2 and if they do Not send it....what do I do come tax time when I must file my taxes ? There was no taxes taken out of the settlement !

2007-12-20 11:47:48 · 8 answers · asked by Dr. Knowe Nuthing 4

me,my boyfriend and my toddler lived with my boyfriend's brother family in one house that we are renting,i'm the one who's providing for me,my toddler and my boyfriend and his brother & wife also does the same with his 2 kids.so we basically just put our money together to pay the rent and utilities.is it possible to file head of household and claim my child living in the same roof?

2007-12-20 10:59:24 · 3 answers · asked by rizell2004 2

2007-12-20 10:46:05 · 9 answers · asked by canigettheanswer 2

Im actually expecting a tax refund but i was out of the country for 1/2 the year and never filed. I lost my w2's. where can i get a copy of my 2006 w2's?

2007-12-20 10:42:10 · 6 answers · asked by x_masangel69 2

I didn't get an appraisal for them. Am I limited to only $4,999 as my clothing donation amount now?

Cheers!

2007-12-20 09:47:05 · 7 answers · asked by Anonymous

I have to ask that you know a little something about the Fair Tax Plan before you post an answer. http://www.fairtax.org/site/PageServer?pagename=about_main

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.

The FairTax Act (HR 25, S 1025) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.

Why would this be good or bad for America?

2007-12-20 09:04:46 · 13 answers · asked by CuriousGuy92 3

Just looking for an estimate only. I pay Federal/State as single head of household. I have gotten married and had 3 children since I began my job 7 years ago and never updated my status. We get a generous $7000 range tax return every year which is great (I make around $70,000). However now I would like to maximize my take home pay without owing money back each year. I have since changed to married with 1 allowance. I fear adding additional allowances. I am no longer interested in a refund, just want to come as close to even as possible.

2007-12-20 09:04:21 · 3 answers · asked by cujmh7 2

2007-12-20 08:44:31 · 3 answers · asked by shirleykins 7

2007-12-20 08:19:26 · 17 answers · asked by clock1234@sbcglobal.net 1

Sorry I'm still a bit confused. My wife and I have 2 preschool kids, I worked full time but my wife is a stay home mom (by choice). We decided to send our kids to preschool started last year (2006). Is the tuition tax deductible at all? If so how can I get the deduction for last year (I didn't claim it last year)? Thank you.

2007-12-20 08:03:50 · 4 answers · asked by Bill C 1

and paid to my sole beneficiary tax free?

2007-12-20 07:36:59 · 9 answers · asked by romeo o 1

i was told by social security my disabilty benefits are around 600, and ssi will start in may. why is disabilty more than ssi, and why does ssi start on may no now, plus i will receive a check for 1200 i made my claim on october why im receiving that payment. does the payments come in the mail? i aske because they don have my checking account routing number.

2007-12-20 07:26:04 · 1 answers · asked by Jesus J 1

If you buy a car do you get a tax break at the end of the year, and how much if so? I bought a car around $21,000 and make about $24,000 a year, will I get a big break?

2007-12-20 06:52:23 · 9 answers · asked by sandeesbro 1

2007-12-20 06:27:34 · 9 answers · asked by Reba B 1

I worked in Toronto for 3-4 months this fall. Can anyone give me advice about how to file or what forms I need to fill out?

2007-12-20 06:17:08 · 2 answers · asked by erin m 1

I live in a duplex and rent out the other half. I know if I was renting out, for example, a single family home I could deduct my insurance payments.

Is any portion of my insurance payment deductable on the duplex? It is a single payment paid by escrow.

2007-12-20 05:07:50 · 3 answers · asked by Anonymous

I am working part time for a small business contract work. How much can I earn and not pay taxes? I know there is a $400 rule is that just for SS?

2007-12-20 04:47:34 · 4 answers · asked by toddrws 1

2007-12-20 04:42:25 · 4 answers · asked by Stephanie J 2

My husband just started his own buisness the begining of this year...would buying a used dump truck for the buisness, hurt or help come tax time??

2007-12-20 04:31:37 · 3 answers · asked by Renee' 2

My mother on disibility she pay her decription insurrance and co-pay and suport 4 kids.Can She file Tax?Thanks.

2007-12-20 04:15:40 · 2 answers · asked by Anonymous

I just want to go online and get a guesstimate of how much of a refund will be this year? I only worked a portion of the year this year, so I don't know if that will put me in a lower tax bracket and I will get more back or I will get less back because I paid in less?

I grossed $60,945 and I paid $10,428 in federal taxes. I am single, no deductions. I would just use a 1040 form. Thanks

2007-12-20 04:08:22 · 4 answers · asked by becki_normalgirl 2

I turned 18 on June 5th, 2007.

Can I claim a dependent that lives with me that has no income and file head of household?

2007-12-20 03:37:10 · 5 answers · asked by CraziiGAPeach 1

I have a college student who comes in once a week for 3-4hours I give her a check for $40- once a week. I do not pay any social security or other taxes on her. She cleans my house I work outside of home but also work at home one day a week when she comes in to clean it.
I was wondering if this was a deduction on my taxes if I itemize them?

2007-12-20 03:33:02 · 7 answers · asked by Elizabeth M 2

I have a small incorporated non for profit who grosses about 130,000 a year and donated about 1,000 to a local church. There is only one director, should I show this as his personal donation or is there somewhere on the tax return to show this donation?? Or should I show it as a regular deductions??

2007-12-20 03:25:23 · 1 answers · asked by Chris 3

2007-12-20 03:12:22 · 1 answers · asked by Anonymous

My ex husband and i have 2 children. they live with me 100% for the entire year. He has contributed 116 per week in child support since May.
He says to me the other day that he is claiming them on his taxes this year, I told him he is not.
Don't I have to sign a form 8332 release in order for him to claim them since I am the custodial parent?
What happens if he tries to claim them before I do?

2007-12-20 02:57:16 · 8 answers · asked by Kat 4