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 On selling a property is there a way of not having to pay profit gains tax?
(Or atleast lower the amount from the blood suckers.)...


 How many allowances should we claim on our W-4?
We are a married couple, both working, one makes 33K, the other 60K. We have a house (real estate taxes and mortgage interest), and no kids. We file married/joint.

For 2008, we're ...


 Can I Claim Head Of Household?
I live with my girlfriend and 1 roommate. The rent and everything is split 3 ways. Nobody has kids. We have been living here for a little over 1 year. Can I claim head of household?...


 Bonus puts me in new tax bracket?
My husband and I just discovered that my $3000 bonus will put us into a new tax bracket that effectively forces us to pay $6000 more in taxes. What should I do? Refuse the bonus? Find some other ...


 Who pays unemployment benefits? I always thought the employee paid into their own unemployment.?
I was told that the employer is 100% responsible and although I know they are the one's paying the government for the unemployment, aren't they allowed to raise or lower the unemployment ...


 How can I get my W-2?
I worked 2 steady jobs and commuted to one, I quit there a few months ago, and I recently changed address's. Wal-mart is the place I need my W-2 from so how can I get that?...


 Do you get money back from the tax you pay?
i was temporary at wilkinsons and i finished there on boxing day, i used to £60 a week and for the last payslip i got i paid £326.56 in tax
Additional Details
i meant i paid 326.56 in ...


 How would you classify a monetary gift ($50,000)received from your parents in a tax return? as income?
this is for a tax ...


 Does anyone know what happens to people who don't file their taxes for so many years? Not me, just curious
Let's say, they work and they get taxes taken out of their paychecks and child support, etc.. What actually happens, if anything, if they haven't filed their taxes for years?...


 What can i do for extra income for the next 6 weeks as I will be housebound and don't get any company sick pay
...


 If a stripper gets breast implants can she write it off on her taxes as a business expense?
...


 When you submit your tax forms to the IRS do they go over it to make sure you did it right?
I was due a refund and got a different amount from what I calculated....


 Should I file as single, married, or married at higher single rate?
Last year I started working in July and my husband was self-employed and we ended up oweing a lot in taxes, even though I filed 0 and at higher rate. This year I'm still at higher rate and my ...


 My husband recentlt died and I am the beneficiary of his 401k. What are the tax consequences?
The 401k plan is taking out 20% for federal taxes and 4.5% for VA stat taxes. If I roll this over into my IRA, what happens to these taxes I will have paid?...


 If my husband and I didn't receive our tax return due to back child support, will we get this tax break in May
...


 What can I do to pay lower taxes for this year?
Last year 2006 my dauhgter and her child been living with me for several years. They moved out this year in January. I make under 34,000 a year last year I got a refund because of my dependents. I ...


 Can you file a joint tax return if you aren't married?
Me and my Boyfriend have been living together for 5 years. We have a joint account. We are pratically married.
Additional Details
My reasoning behind not getting married yet is just that ...


 If the final figure on an invoice is £1,662.74, what would the VAT element be, at 17.5%?
...


 UK: Are U exempt from Council tax if parent at home receives Attendance Alowance?
My Mum recieves AA. She part own her home. Are her children entitled to full Council tax rebate whether they are employed or otherwise?
Additional Details
Forgeot to add, IF THE GROWN CHI...


 What if i can't pay my back taxes to the irs?
...



bizlar2002
Can I do anything to speed up my tax refund?
I did my original return, then my dad said I had to claim myself this year, so I did an ammended return. Also since I am claiming myself, he wouldnt be able to claim my school payments, and that I could claim them.

Ammended returns take 12 weeks to process. I waited the 12 and got a notice that they needed more information regarding my payments. The statement from the school did not have a copy for the IRS. So I made a copy, and sent the original. Waited 12 more, got a notice saying that "due to heavy workload, we have not yet completed our research to resolve your inquiry." It said they needed 45 more days. I waited the 45 and got another letter that said the same thing. Waited 45 more, and got another letter today saying they need 45 more days.

If there refunds were as fast and accurate as these letters coming I would have had my refund by now.

Is there anything I can do to speed this up? I don't know what "research" they are doing, I sent them everything they needed.
Additional Details
EXTRA STUFF: I filed extronically in January... it's been 32 weeks since the IRS received my ammended.

And school payments are refundable, up to $1000 is refunded 100%.
                     
 




Soror Kate ART VT
Hate to tell you this, but I have seen it take up to 6 months to resolve this kind of amendment. For that, you'll just have to wait. You're doing all you can, if you send them what they ask for as soon as you can.

However, if you originally filed with a tax preparer, contact that person. Most reputable companies will help you through this kind of mess at no additional charge (I know H&R Block does). So let them do their job if that's a possibility. Sometimes they can help clear things up since they know the terminology and have done this a time or two before.

Next, you need to know that your school payments are NOT "refundable". They may be deductible, which means you don't pay tax on that money. They may be able to be used as non-refundable credits, which lower your actual tax. But you will not be refunded the money you paid for school. This is a common error people make. Also, especially for this coming year, be aware that there are more than 4 ways to claim education expenses on a tax return, depending on your situation. Some of them may benefit you more than others, so you need to talk to someone or do some homework so that you pay the smallest tax legally possible.

If you need more help, let me know!


Jazz In 10-Forward
Rating
Next year, do everything online and your refund will be deposited directly into your checking account.


SPLATT
File early and electonically.

BTW. I didn't know that school expenses are tax deductable. When did that happen. You'd better check with the IRS an that.

Is there a local IRS office? If so, drop in and have a friendly chat.


misslabeled
Most returns are automatically processed and the refunds get out faster. The earlier you submit a tax return, the faster you get a refund because most people wait until the last minute and then the IRS gets bogged down.

Amended returns are processed individually and get closer scrutiny, so it takes a lot longer, plus the fact that it sounds like you may have sent it in near the deadline, or near one of the deadlines for extensions. Luck of the draw, I guess.

Funny how fast they are to move when they want money, but giving it back is another story.


albo888888
Yes. Call them on the IRS Help Line at 1-800-829-1040 to speak directly with an IRS agent. Ask them to resolve your amended return so that you can resolve your tax.

Important note: some agents are more helpful than others. If one agent cannot help you, call back and get a more helpful one.

(For instance in my case there was a problem with a return (the IRS had "lost" my return"). Agent #1 told me that they had "lost the return because I hadn't filed it." Obviously this wasn't helpful. Agent #2 located the "lost" return and corrected a problem I had with it over the phone. This was much easier to resolve over the phone with a live human being.)


Kaytee
Rating
You have no choice but wait now.
Next year file an electronic return and ask for direct deposit.


KelBean
Rating
nope


Coyote
NOPE its the IRS if you send them information before its requested chances are its going to get misplaced. And the people who need to see it wont .....Dont worry they will keep asking you for info. Chalk it up to a loss for the moment and dont spend it before you get it. It will come E v e n t u a l l y they can be S L O W


Cat
Not much. But you can try bugging them by phone.

1-800-829-1040

At least call them once or twice a week and ask about the "status" of your amended return.


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