Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Tax rebate???????
how much are we getting, i have been told for a while that we are getting 600 now someone is telling me its only 300 does anyone know for sure exactly what we will be getting?????...


 Is there a tax deduction if my wife is pregnant?
...


 Would I get a big tax break if my wife stops working?
If I have 1 dependant, how much tax break do I get?...


 Where can i file my taxes with my last pay stub for 2008?
...


 When are those 600 irs checks getting sent?
You know thos tax relief checks when are they getting ...


 Corrupted taxes?
To the government,

i go to school full time and working to pay for my school. Im barely sliding each semester so im limited to extra spendings. Now i owe $500 to federal and $200 for ...


 If my wife has a home business Doesn't she get deductions for expenses?
I looked at the tax calculator and I don't see a box for personal buisness expenses. Will she really get anything back? We spent about 3,000 between gas, supplies,food and etc. Will we see this ...


 I was recently paid some money for the sale of shares, now I am told I was paid in error do I have to repay?
I was entitled the shares with a previous employer, but learned that I would forfeit the shares if employed for less than 3 years. I left after 2.5 years. I was paid for the shares in a buy out and ...


 My friend is leaving UK for good. Can he claim all of his N.I that he has paid to date from inland revenue?
...


 Someone is working in another state under my ssn.....how do i stop this?
IRS called and i owe back income taxes.......I am on disability and do not file taxes......they insist that i have been working in Missouri.....I live in Illinois......what do i do?...


 How long after you got your letter stating when your check would be sent did you recieve your stimulus check?
...


 National Service?
Would be a way to stop youngsters carrying knives, D...


 How would I save money on taxes from this damn gov?
ok here is the scenario:

My gross pay per year is $70,000. After taxes I receive only $2000 every bi-weekly. So gov is chewing off about $695 every bi-weekly from my paycheck.

(...


 Any idea on the cheapest way to get two years of taxes done?
...


 If my CPA made mistakes on my return do I have to pay her?
My CPA is charging me $250 for filing this year's return, which I don't feel is too expensive, however she made several mistakes. I don't feel I should have to pay her the full amount ...


 How do you cash a paycheck??
its my first pay check and i need some help. thanks....


 How much can you make in income after you start drawing social security?
...


 Income from Home trascription is 4000/month. Is it compulsory to pay tax?
...


 Is taxation legalised theft by the state?
If I refused to pay my taxes to Blair's corrupt partner in crime Gordon 'Stalin' Brown, I'd end up in prison. But has anyone ever challenged the Government in a court of law with ...


 Do you get money back from taxes if you have a child?
I have heard that the government gives you money at the end of tax season for having a child providing that you worked that taxed year....



dumunus
Do i have to buy turbo tax every year or can i use 2005 for 2006 year?
                     
 




its_kristy
Rating
Well for one, all of the forms when printed will say 2005 on them and if changes have made to the tax return forms by the IRS, they won't be on the 2006 template or on your return when you print it. Second, tax laws are constantly changing, even after the software for 2006 goes on sale. When you use TurboTax, it checks for updates to the software as a result of changes in tax law and your 2005 software will only update for 2005 changes, not 2006.


Amy
Rating
You have to buy it every year, thought I'm not really sure why... I do know that the 2005 version will not work for your 2006 taxes, but it's still cheaper to buy it than to take them to an accountant!


Julie
Rating
Yes. Also, don't downgrade the product or you won't be able to transfer last year's info to this year. For example, if you bought Turbo Tax Deluxe last year, & you buy the cheaper version this year that's downgrading. You can upgrade & transfer, but not downgrade & transfer.


Judy1
You can't use prior years versions and get a correct return. The rules change every year, including many of the values like exemptions, tax brackets and credit information, and the old version would not have the updates.


whirlwind_123
The answer is, yes, you have to buy the updated version every year. Te keyword being updated. Each year there are numerous changes to the tax laws i.e. new rules apply and old rules are no longer done. Ex: amount of deductable per person you aresupporting in your household, or how much you can claim or school costs.
Turbo Tax is not the only program that has to upate, all accountants and agencies experience this including the IRS.


Celeste
Tax laws change and you need to have the latest information to fill out your returns correctly.
Although, why buy when you can prepare your return for free?
The IRS Free File Alliance partners with other tax preparation services and allows just about anyone to do their taxes for free.
Only your state will cost extra. However, you can probably go to your state's Dept. of Revenue web site and do your state's return for free.
Turbo Tax and H & R Block is just two of the FFA partners.
At this time, the service finder is closed until early January '07.


Key Key
Rating
Yes you have to purchase the product every year. You can not use 2005 version for the 2006 taxes.


TaxMan
For sure. Like....why do I have to buy a new calendar each year? Totally bogus.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy