 Am I in the wrong by claiming my daughter on my taxes? |
| My ex husband and I both claimed our daughter on our 06 taxes. Our divorce papers state that the father can claim her as long as his support is current. Kansas law requires that support be paid until ... |
|
 Estate Agents, why do they say....? |
| "Viewing Essential", or "Viewing recommended" when selling houses, whats the ... |
|
 The IRS Rejected our taxes for the 14th time. Please Help ME? |
Ok Well we just got an Email from the IRS VIA Turbo Tax saying
I am sorry but the name you provided does match the Social Security you provided.
I was born in 1986 but in 1993 I was ... |
|
 How can I find 1040 tax forms to print out? |
| How can I find Income tax forms1040, 1040A &1040B to print out for my income tax return?I want to file myself.Thank you.... |
|
 If you are a waitress is it true you get all of your reported tips back in a tax refund? |
| I work for a restuarant that requires you to report all of your tips. While I haven't reported every single dollar, a vast majority has been reported and I was told we get our tips back along ... |
|
 I think my ex employer is saying i made more money then i acutally did to balance the books for tax reasons? |
| who should i contact? is there anything i can do? I honeslty don't believe that i made as much as he is saying, the numbers do not add up, and he manage's his own books.. is it his just his ... |
|
 Do I have to show my ex-husbands tax returns to get financial aid even though I'm divorced? |
| I don't understand why Fafsa and TAP are asking me for my ex-husband's 2007 tax returns even though we separated in the beginning of 2007 and officially divorced in 2008---I do not receive ... |
|
 How do you file exempt on your taxes? |
| im 18, have no dependents, no one can claim me, and i make 19000 a year. i want to claim exempt, and i know that all i have to do is write so on the bottom of the form. but am i able to do so? does ... |
|
 Is it right that people get paid to give up smoking??I say NO!!! this a TAX free giveaway cost £150 PER HEAD!! |
| Then at a full cost of £1200 to tax payers per person!!,I hope this hand out goes to all people...as a none smoker...seems i am loosin out....free money....WHAT HAS THIS "UK" COME TO??? or ... |
|
 How much would my gross monthy income be on 19,000 when you factor in taxes, etc.? |
| I've just been offered a job in London at 19,000 pounds a year. I need to know how much I can budget for housing, etc., but I can't figure out the exact amount of tax I would pay on that... ... |
|
 I am renting a room in my home in FL, do i need to claim my roommates rent as income? |
Additional Details
I am the homeowner, the only reason i am renting is my mortgage is really high but we can't refinance for 2 years.... |
|
 Curious, someone told me I can file my 2007 tax return as of Dec. 10, 2007? |
| They have told me that H&R Block can give you your return with the pay stub just before December 10, 2007. Is this true? I could really use the money for christmas, Also if I can file can I do ... |
|
 Is it legal for a live-in boyfriend to claim children on IRS taxes? |
| Situation: A boyfriend and girlfriend have been living together for less than one year. The two children do not belong to the boyfriend. They are the girlfriend's children. When it was time to ... |
|
| Why aren't more people doing their taxes with H&R Block? |
| What will entice you to do your taxes with H&R Block?... |
|
 How many kinds of taxes are there ? |
| such as income tax,wealth tax etc how many are ... |
|
|  |
Chris M | Do you have to report the Sale of a personal asset at the end of the year on your tax return, such as a car? |
|
 |
 
Wayne Z
 |
If you made a profit, YES.
If you sold at a loss, NO. |
|
H. A
|
No, not usually, as cars are rarely sold for a profit unless it is a collectors car. Then, like any long term investment, over one year owned, you would only have to pay capital gains tax, which is fifteen percent. |
|
MukatA
|
You don't report the sale of your personal asset if you had a loss, which is normally the case. It is rare that some one can sell car at a profit.
If you sold the car at a profit, report it on schedule D (Form 1040). It may be short term or long term capital gain depending upon how long you kept it. |
|
stephenweinstein
|
If sold at a gain, yes.
If sold at a loss, no. |
|
Mat P
 |
to piggyback on this question, i have the same question, except i sold a car I had a loan on and made a small profit ($2800). I deposited over $14k to pay off the loan to get the title to the new owner. Banks report any deposit over $10k, so my question is the same. I actually called the IRS and asked them and they seem baffled lol. From what I gathered, I have to pay capital gains tax on the profit I made. Sound right? |
|
Shae
|
Of Course you do. |
|
crazy_green_eyes
|
No, you don't have to! If you bought a car then you can use the sale tax that you pay as an expense! |
|
crustysob
|
The simple answer is NO. |
|
radio80flyer
 |
No. |
|
Gary H
|
No. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 20 minutes(s) ago
| | | |
10 | 23 minutes(s) ago
| | | |
11 | 49 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 1 week(s) ago
| | | |
10 | 1 month(s) ago
| | | |
10 | 4 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
