United States - December 2007

My employer wasnt good at explaining this to me, can you please give me more info, and no smart assess please, it seems there are alot of those on here ...thanks

2007-12-16 09:05:10 · 7 answers · asked by tammydoesloans 1

2007-12-16 08:57:31 · 4 answers · asked by a b 1

2007-12-16 08:52:51 · 3 answers · asked by cindy61892 2

I am an employee and i suspect that my boss is going to give me a 1099.Hes going to classify me as an independent contractor.Is there any actions to take and how should i file my forms this year?and also would h&r block take care of this?

2007-12-16 08:41:43 · 5 answers · asked by john r 1

she wasn't able to work due to surgery and less than a month later she got pregnant and hasnt worked since last janurary, can i claim her as a dependent because she had no income? and also i hear people call their babies their little tax refund and ive seen it on baby clothes "daddy's little tax refund" first off i didnt know you get money for having kids, and second on average how much of a refund is it? i live in california

2007-12-16 08:14:38 · 9 answers · asked by Nick 4

I took a buyout from one of the Big 3 due to their downsizing efforts (in Southeastern Michigan---a very economically challenged area, highest foreclosures in the country) and was unemployed though actively seeking employment for 7 months. I finally landed a job for 65% less pay just to keep the lights on. During my job search I spent a considerable amount of money on resume paper, interview clothing, and other office supplies...Is it possible to claim some of this on my tax return---gas money, groceries, anything?!? I need to get all I can back on my return this year. Any suggestions you have would be greatly appreciated.

2007-12-16 08:07:21 · 3 answers · asked by Miss T 3

2007-12-16 07:38:54 · 6 answers · asked by chabelita 1

2007-12-16 07:37:13 · 1 answers · asked by chabelita 1

2007-12-16 07:35:45 · 3 answers · asked by chabelita 1

In 2005, I was temporarily living and working in Michigan, but a legal permenant resident of New York, when a person in Florida died. I inherited $5000, which I received later that year, while living in NY and unemployed. I filed a federal 1040, an NY resident income tax return and a MI non-resident income tax return, and reported the income from employment in MI on all three. (I also claimed a credit on the NY return for the duplicate state income tax on the income from MI.) Do I have to report the inheritance to any of the three states, and to which states (if any) do I pay inheritance tax? (Do not worry about the estate taxes due to the federal government; someone else is responsible for that.)

2007-12-16 07:08:43 · 2 answers · asked by StephenWeinstein 7

I just started a new job, and i only get paid once a month. I want to know where i can find out what all will be withheld and how much. I live in nebraska. any help would be great. thanks!

2007-12-16 05:39:27 · 3 answers · asked by Chip 3

I'm curious about what things I claim to get more money back next year. Every year I end up owning money, even the years I was in college & barely working!.

I completed college last year, so I am stuck in a financial rut with student loans. My interest is very high, so almost half of my monthly income goes towards paying off my student loans - Is there any way I can use that info to get a bigger return?

I now work full-time in my field, and I spend $2,556 a year ($213 a month) commuting to work. Can I claim that?

I'm just curious. I know we all have to pay taxes, but there are loopholes in every law, and I want to find them.

2007-12-16 05:34:57 · 6 answers · asked by this_girl_loves_the_80s 4

they were taking out 129.00 a check?? if so what do i take to h and r block?

2007-12-16 05:20:40 · 7 answers · asked by ~mommy2alex~n~maria~ 2

I was just wondering, alot of people just coming out of college have huge amount of debt and arent ready to start contributing to a IRA or a retirement plan but we have huge amounts of debt, is there a way we can divert money into a plan to help us pay off our debt faster that is tax free? similar to the way you can divert money into a tax free investment/retirement?

2007-12-16 05:12:06 · 4 answers · asked by Drew W 2

2007-12-16 03:57:26 · 1 answers · asked by jose g 1

... uses or withdraws the money?

I assume this often pops up where an elderly and an adult child share a bank account. The elderly parent, assuming they are in a solid financial situation, may decide to allow the child to use funds from the account.

Would the withdrawals be viewed as a "gift" by the IRS for tax purposes?

2007-12-16 03:13:11 · 3 answers · asked by Anonymous

If so, what do I have to do to see it?

2007-12-16 02:51:33 · 5 answers · asked by Doug 4

If recieving an inheritance, do you have to pay taxes on that inheritance? If so, how much should one expect to pay? Can that payment be made immediately?

2007-12-16 02:37:47 · 4 answers · asked by mradigan747 2

2007-12-16 02:22:10 · 6 answers · asked by Steelbottom 2

2007-12-16 02:09:35 · 9 answers · asked by chuck 1

I have used TaxAct, TurboTax, and RapidTax. All of them won't let me claim my oldest child which is only 8.
They give me a desent amount for the first child a tiny bit for the second child and nothing for the third child. I am well under the income bracket to qualify for the full credit on all three. Any Ideas?

2007-12-16 01:41:47 · 13 answers · asked by Jesse T 1

I would like to know how to file business expenses from my 1040. I recently incorporate a S-corp and I had some travel expenses need to file.

2007-12-16 01:21:26 · 5 answers · asked by Coo 1

2007-12-16 01:07:59 · 2 answers · asked by Anonymous

I live in Houston,TX and will be out of the country when the taxes are being done.

1.
Are there any website(s) that I can go on to,to still do my taxes ONLINE?

2.
Me being a PERMANENT RESIDENT,
NOT a US citizen yet,
are there any form(s) in particular that I need to file?

3.
If this will be too difficult to do,
do they sometimes do exceptions and let you do your taxes a bit later?
I have heard that it's possible to get an extention on the due or so,is this correct?
If so,how long would that be?

It may sound od,but I don't know since I'm not from here!


Thanks in advance!

2007-12-16 00:49:00 · 6 answers · asked by Anonymous

Can the adults split the responsibility any way that they want to? Or must it be split 50% - 50%?

Won't the bank issue a 1099-INT that only has one adult's name on it?

2007-12-16 00:36:19 · 9 answers · asked by Anonymous

2007-12-16 00:11:30 · 4 answers · asked by Anonymous

So far i have saved every single receipt since i filed for my income tax return last year since a friend had told me i could use them for a tax return. I was talking to my co-worker today and she wasent sure about it so i thought i would ask here. If i can get a tax return off my receipt how dose it work do i just take the receipt to the tax place or what? Any help would be great.

2007-12-15 19:44:05 · 6 answers · asked by Knight2007 1

its a partnership, and i dont have any employees and wont have any for a while, its just me and my brother, but the bigger company that my company is going to work for requires a tax id number from my company, i do not have one, and i dont know what form to fill out in the website, thank you, and also one more question, can i use my social security number instead of the tax id number? once again thank you

2007-12-15 18:09:07 · 4 answers · asked by Anonymous

Any suggestions would be appreciated.

2007-12-15 17:31:42 · 4 answers · asked by sdn90036 6

I want to amend my personal income tax return to claim legal expenses that I incurred. Do I need to include copies of the legal invoices with the amended personal income tax return? Thank you for your assistance.

2007-12-15 17:26:44 · 4 answers · asked by sdn90036 6