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

 If the goverment owe's a person income taxes like the person is getting money back and that person does not
file taxes can he or she get in trouble for not filing taxes even though they don't owe anything to the gov....


 I have just been reassessed by the CSA and they have left me the equivalant of an unemployed persons allowance
to pay my utility bills which includes my council tax and food.Unemployed people as far as i am aware do not pay council tax..Has anyone else had this kind of problem and had a successful outcome?
...


 Do I need a Tax ID number? I'm SELF EMPLOYED, HELP!!!?
I'm starting my web design business, but don't know how to get a tax id number or what forms to fill out or anything. I am the only person working, no employees or anything, just me! Does ...


 What are the COOLEST cell phones?
my friends and i always talk about the newest and coolest cell phones. but i no NON of them. so if you could please help me find out about the phones. thank ...


 REBATE STIMULUS!!!! I am confused!!!!?
hI,i have a question, according to the calculator, i will get a rebate of $600(i used the info to calculate according to my 1040ez) and i checked the status of my rebate and when will i get my money, ...


 Help!The IRS froze my bank accounts!?
They froze our bank accounts because of an issue on our taxes from 2005. They said if not paid in full in 21 days they will take the money from our accounts. I have some questions.

1. How ...


 In what way would it hurt the top 2% of American wage earners to pay their fair share of taxes?
...


 What is 40% off of $6.95?
...


 Stimulus payment... Has anyone been given a date of 5/7 or 5/9 by the "Where's my Stimulus Payment" tool?
Just curious about this. I'm still not able to get any info. Last two digits are 49, "supposed" to have the payment by this Friday. I was just wondering if anyone was seeing those ...


 What if you were out of work for 1-2 yrs and did not collect unemployment, do you still have to pay taxes??
At one point, one of my friends had lost a job in Jun of 2006, that he worked at for a long time. He reported his income to irs the next tax year in april 2007, as usual through the proper forms. Got ...


 What is the minimum salary for men to pay income tax?
...


 What is a good gift to give to my gf for about 10 dollars?
...


 Am i allowed to file my income tax seperately from my common-law spouse?
...


 2009 stimulus checks when are they being sent out and who is getting one?
...


 How do we get our income under $250k ?
Is the question being asked by millions of small business owners.
Additional Details
maybe if I just let one employee go?...


 How do i write off my car for tax purposes?
...


 Tax Return: Single woman, no dependents. Will I get a tax refund?
I know this is probably a complicated formula, but if someone could give me a general idea, I'd be grateful. In 2006 I made (gross) $18,424. I paid 1,648 in federal taxes. I'm single, no ...


 Should tax on gas be higher in the US?
Please could you also say why you think yes or no. And if yes, what should the extra tax revenue be spent on, or which taxes should be cut to make up for it. thanks
Additional Details
US ...


 If my family members give me $1500 a month, and I deposit it into the bank, do I have to pay taxes on it?
...


 I don't have taxable income, but i have a mortgage, how do i get a refund on the interest i pay i'm a d.a.v.
i'm a disabled veteran and on social security, can i file taxes on non taxable income and get a refund on interest i pay on my mortgage?...



Ozymandias
First year not doing 1040EZ, What tax form do I need?
This is my first year not filling out a 1040EZ form, and I do my own taxes.

Married Filing jointly, Spouse is stay at home parent.
1st Child born 2007
Under 50k a year
Alaska state resident (but no dividend till next year)
Military family
We have about 400$ in work related expense reciepts in case we need them to itamize or something.

Thoughts?
                     
 




Chris L.
You should be able to file regular 1040. If you have over $10,700 (standard married filing jointly deduction) in mortgage interest, property taxes, state taxes, medical expenses over 7.5% of your salary, donations as a total you need schedule A, otherwise you do not. You need Schedule B if you have over $1500 in interest or common dividends. You can try itemizing on a Schedule A to see if it benefits you. This year it does not benefit our family since we have very low property taxes and low mortgage interest (thank goodness!)


Wayne Z
If you own a home, 1040 (long form).

If you do not own a home, the 1040A should suffice. The $400 in expenses won't help you any.


chatsplas
Rating
Sounds like a 1040 standard. Three forms 1040EZ, 1040A then 1040. Filing Schedule A with 1040 souds like your deal.


Scott K
It sounds like you probably need the long form because I'm assuming that you had some moving expenses getting up to Alaska (unless the military picked up all of the costs of setting up the household.)


Cate
Use a 1040A.

Depending on your financial status, you may qualify for EIC. Make sure you read up on that.


v b
Rating
1040A is plenty.


Count Your Blessings
Unless you itemize (typically folks who own a home and/or have other substantial itemized deductions...none of which I see here) the Form 1040A should do it this year.

As a military family, you may want to try your free VITA tax assistance office on the nearest base/post. They can answer your questions, file your taxes -- even electronically, and are generally very familiar with the unique rules concerning military pay and benefits, combat pay, foreign income, etc. They're often run out of the JAG/SJA office.

Good luck and thanks for your service!


HEATHER
I just wanted to add the point to make sure that you have gotten a social security number for the baby. Some people don't realize they need that to file taxes.


 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. 0.034
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy