United States - December 2007

Steve is single with no children. After you complete his return, you tell him that he owes money.
What is the possible reason that he has a balance due?
a. Steve had too little tax withheld from his paychecks
b. Steve was self-employed and received several Forms 1099-MISC
c. Steve received Advanced Earned Income Credit on one of his jobs
d. Steve had large gambling winnings
e. All of the above

2007-12-30 07:26:01 · 5 answers · asked by dekakashi 3

Last year in February, my sister moved into my apartment with her four kids (two are hers by birth and two are her boyfriend's kids) My sister didn't lose her job, but she has been saving money, so I had been taken care of the bills, food, and other neccesities. I have been buying clothes for all four kids. I do not want to commit fraud in any way, so I'm asking is it possible for me to claim the two children that are not hers

2007-12-30 07:01:13 · 7 answers · asked by lonnie h 1

As anyone on Social Security will tell you even though they get a bit more money each year it is far less then the cost of living. So yes the Federal SS system instead of being cut off at once is being fazed out and state aid is replacing it so to speak. The deal with State aid is you can have little assets in order to recieve it. So to live a decent life you will need assets outside of the Money system before you become disabled and have to live on state aid for some two years before you can get SS income started. Besides Gold and silver what some other things one could have to get monies out of your name.

2007-12-30 06:20:09 · 11 answers · asked by Ibredd 7

The goods were not bought online.

2007-12-30 06:09:02 · 13 answers · asked by Okole 2

2007-12-30 06:08:57 · 5 answers · asked by Tahoetripper 1

2007-12-30 05:34:59 · 3 answers · asked by Anonymous

2007-12-30 05:32:15 · 3 answers · asked by MsClaireBear 2

My sister told me she heard on several news channels that everyones incometax check will be late because something was messed up or not signed......Has anyone else heard this and if so can you please explain to me why.....We allways take our vacation when we get ours in Feb. so we dont know if we should go ahead and make plans or wait, Thanks and Happy New Year!

2007-12-30 05:28:54 · 6 answers · asked by ? 7

2007-12-30 05:14:50 · 6 answers · asked by mzz_taylor 1

Do the Native American-Indians pay any taxes (federal, property...)? Any link with some info about the American Indian tax rules would be very helpful. Thanks.

2007-12-30 04:32:20 · 10 answers · asked by Anita S 2

I just watched this video about how there is no law stating that we have to pay an income tax. What does that really mean? We all know that if we don't pay taxes, we go to jail. Netters, what is your opinion on this?

2007-12-30 04:06:47 · 9 answers · asked by Rami S 1

I just got married and my wife and i both earn 75k whats the best way to claim

2007-12-30 04:05:34 · 8 answers · asked by RArt 1

I once worked as an independent contractor (We're talking about 8 years ago). The person who hired me then told me that as long as my pay was under $600 that he wouldn't need to give me a w-2.

Now I run a small company that just grew enough to hire independent workers, and I need to know if I have to make w-2's for them.

SO, is there an amount where I DON'T have to provide a W-2?

2007-12-30 03:40:15 · 4 answers · asked by FrumpyJones 3

2007-12-30 02:41:12 · 7 answers · asked by oceanlites3231 2

If you work for a company that pays all or part of your hospitalization does that company get a tax break or some other form of compansation?

2007-12-30 02:34:44 · 2 answers · asked by prozac452 2

I am living in a rent to own mobile home and want to know how i could find the information on property taxes, if there is any owed on this property

2007-12-30 02:31:39 · 5 answers · asked by bud 1

I need to do this as soon as possible my school won't let me register...

2007-12-30 02:23:40 · 3 answers · asked by dagod21 2

My father died earlier this year and I am the beneficiary. I received life insurance and got a 401K that I closed out. I know life insurance is not taxable. My problem is I don't know if my father has filed taxes in the past or not. He lived in LA and had little to do with his family. I believe that he might also owe back child support in WA. Will that affect me?? How do I find out??

2007-12-30 02:12:00 · 8 answers · asked by funky_munkey924 1

2007-12-30 01:54:47 · 7 answers · asked by eric_montgomery1124 1

i am 2 get around 400$, was on a j1 visa.
yes the tax filling had successfully registered and processed

2007-12-30 01:33:27 · 5 answers · asked by Anonymous

I need it for the 2007 year, my former employer says that it will be mailed to my address that they have. I have moved since changing jobs and no longer have access to the mail at the old address. After they have been mailed, I can get a replacement mailed to my current address from my former employer for a 10.00 replacement fee. But I don't know how long thats going to take.

2007-12-30 01:27:53 · 5 answers · asked by DWesley W 1

I would think so. Any links would be aprreciated. Thanks.

2007-12-30 00:07:48 · 3 answers · asked by Bill Spry 4

If I file exempt in the begining of the year but I am able to prove all my tax rights-offs, deductions, contridutions and investments come next tax time, will I be ok?

2007-12-29 19:14:19 · 4 answers · asked by Anonymous

I purchased a lot "raw land" in mid 2007,
I took $68K loan on it.
Can I deduct the Interest am paying ?
(appx. $440 a month)
also what about the property Tax ?
(appx. $1000) a yr.
the property is unimproved.
Thanks in advance...

2007-12-29 19:04:49 · 8 answers · asked by Myself 3

someone told me i can take my last paycheck stub of the year and get my income tax. i just bought a new car and having mayjor car problems so i really need the money. is there a way u can do that and where do i go?

2007-12-29 19:03:24 · 8 answers · asked by flymeaway88 1

2007-12-29 18:50:48 · 4 answers · asked by ddda 1

So I am 17 years old, I go to high school as a senior. Currently living with both my parents. They support me 100% I made 5216.70 this year before taxes. My earnings statement (tax section) saids:

Social Secuirty tax - 323.44
Medicare Tax - 75.64
Oregon Wbf Tax - 9.26
Federal Income Tax - 15.47
OR State Income Tax - 34.70

So my question is how much tax do I get in return? Thanks in advance.

2007-12-29 18:40:53 · 12 answers · asked by Reggie 1

I’m curious to know what tax deductions I can take in the following situation, if any:

I own rental property. In the past 12 months (and 2 tenants), I did not receive rent for a total of 4 months (I’ve had great luck with tenants this year!). Also, the rent is only ¾ the mortgage, so I pay ¼ of the mortgage out of pocket every month.

I know I can deduct maintenance and repairs on the home. Can I deduct proprty management fees,leasing fees, court fees for the evictions and is there any deduction for the loss of the 4 months of rental income while a tenant was still occupying the property during the eviction process?

Please let me know if more information is needed for a more accurate answer, and thank you in advance for any information.

2007-12-29 17:54:03 · 8 answers · asked by Far from home 2

My Boyfriend recieved one today, I'm wondering what it is? Also, what does Itemized deductions mean? He does owe money to the state of michigan, does this have anything to do with it? Thanks!

2007-12-29 17:51:12 · 4 answers · asked by lil_dreamer100 2

Will they send me a w-2?

2007-12-29 17:04:10 · 3 answers · asked by xoxo 6