 When do I pay this income tax? ? |
| I worked as an independent contractor in NYC and made roughly $1500. ( Business related expenses totaled more than $1500. ) I quit the job and will relocate out of state for a full-time, salaried ... |
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 My daughter was born in January 2007, why am I only recieving $1,000 credit on my federal taxes? |
She was born in January 2007. I am doing TurboTax, but they ask for $40 to talk to someone live and it is closed down due to high volume, so I wouldn't be able to ask anyway.
It says ... |
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 Why do non tax paying immigrants get preferences? |
you go to a hospital and all the foreigners and immigrants get seen first
they get everything free before us WHY?????... |
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 Getting a better income tax return? |
| Ex-girlfriend left with her 2 kids, end of Sept. Can I still claim them on my tax return for 06? She just started working Oct. 06. Will she be able to claim them? If I do, will she be entitled to ... |
|
 Recd E.mail from UKNational Lottery, London that I won 1 million UK pounds sterling advise solicited-scrpatnai |
| UK National Lottery London advised by e.mail that I won the prize 1 million UK pounds and they want me to send them 580 pounds to Scarlet Courier Ltd., England to meet expenses for courier service, ... |
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 If you and your spouse live apart for over a year, can you file your taxes as single? |
| If you and your spouse live apart for over a year, can you file your taxes as single? My spouse and I have lived in different states for the past 2 years. Can we each use the "SINGLE" ... |
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 Self Employeed, What is my gross income? |
| I own a construction company- I am looking to buy land through a farm credit company- They want to find out my debt ratio so I was trying to figure this out before I went to the bank to see what I ... |
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 Taxes: If I got married today would I be able to file a joint tax return for the April 15th 2008 deadline? |
Taxes: If I got married today would I be able to file a joint tax return for the April 15th 2008 deadline?
or would it be next year that I could do that?... |
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 What will my tax rebate check be? |
| i have two kids under 17, and filed married filing jointly. they say that parents will get 300.00 extra for each kid, and my tax liability was 0.00 when i filed. will i be getting 1200.00, or is it ... |
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 Los Angleles Sales Tax will be 10.25% in next year, what is your reaction? |
Will that be highest in the country?
http://www.latimes.com/n Details
Agree, they idiot more people will gonna buy ... |
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River | Do I fill out income tax or not? |
I wanted to start a self-employed, small eBay business. In order to buy items from wholesalers I needed a sales tax ID number. So I got my IBT number (Illinois Business Tax number). Consequently, I have to fill out a ‘sales tax’ form every month, but I don’t have to pay anything since I haven’t sold anything yet (I know you only pay this tax whenever you sell to someone in your state). Also, I have to worry about income tax, and income tax is what I am concerned about. Currently, I am unemployed, and I have not started the eBay business yet. Therefore, I’ve made no income through eBay/IBT number. Since I am a self-employed ‘ebayer’ and have made no income, what am I to do about my IL-1040, income tax? Do I simply just not fill out the form? |
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BILL
 |
Yes |
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frayedknotarts
 |
Do you have expenses for the business for FY2007? If so, you can claim them (you won't get any money back, of course, since you have no business income as yet) on this year's forms and carry them over to FY2008 when you can use them to offset a profit in 2008.
Remember, expenses include such things as as application and license fees, postage, actual purchases of materails you haven't sold, preparation for starting up (equipment, office space, office furniture, etc).
Also, if you've been filing sales and use tax reports to Illinois and do NOT file a State and Federal business return, it will 'trigger' a 'watch switch' and you're much more likely to be audited in the near future. Don't forget that any fees you may pay for tax preparation for the business are deductible business expenses for next year. |
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cmira4
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Since you are a registered business owner, you still have to fill out the form, even if you do not have to pay any tax. |
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Ernie
 |
Did you file last year? If so I would file with the no income info and they will probably tell you not to bother filing next year unless you get some income. |
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f350lariat
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Sounds like it isn't necessary to do so. |
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6@5^&%
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you can if you want to |
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.
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If you had no income there is no need to fill out the forms. Call the IRS to be sure. |
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judithia
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Find the answer at www.irs.gov |
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Curtis F
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Suggest you contact the IRS (800 # is in Dex) |
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