 ***TAXES**** if I MADE $16,000. THIS YEAR HOW MUCH WILL MY TAX REFUND BE? |
PLEASE HELP! IM 21 AND IS MY FIRST TIME DOING TAXES! :( :( :( I WORK AT AN OFFICE FULL TIME AND LIVE WITH MOM PAY TAXES ETC.. WILL I GET ANYTHING BACK AT ALL? PLEASE HELP!
Additional Details... |
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 Can I claim my girlfriend on my taxes? |
| My girlfriend of 4 years is unemployed and has been living with me for about a year. Can I claim her?... |
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 Made $400 in babysitting $$, need to claim? |
| Hi I'm actually asking for my mom. She's been my daycare provider since I went back to work, and in '06 I paid her $400. She's a homemaker, my father works and they have 3 ... |
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 W-2 forms...the higher the allowance...the more money you're likely to get back??? |
Does anyone know how this works? If I have say...8 allowances on my W-2's (dependants)...
1) Does that mean the goverment takes out more or less taxes??
2) Does that mean I'... |
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 How is it possible to get a tax refund if you do not work, and never have? |
| I find this confusing. If you do not work, you do not contribute to the system because you have not "earned" income. Therefore there is nothing to tax correct? Or are we taxing social ... |
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 I received an e-mail that I was a winner of E820,000,00 Great Britain pounds for April by Yahoo Awards Center. |
| They said the promotion was by Yahoo & Windows Live. I was to pay for an Affidavit certificate from the Royal Court of Justice to submit to the Management award board for the release of the ... |
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 Why do people with children get so much more money back in taxes? |
| I work just as hard and pay in just as much, if not more, due to the fact that some mothers stay at home with their children....so why do they get so much more money back? My sister has 3 children ... |
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 How much money can my siblings and I give to our mother per year, before we have to pay taxes? |
| How much money could any one of us give her before we have to pay taxes? Considering there are four of us, is there a total she could receive in aggregate? This is in the United States.... |
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 If everyone in England didn't pay for the things that the taxes are going up on? |
would that mean that the government would have to lower the taxes?
Additional Details
we can get food in other ways, grow it etc, also, who says we need to pay!?... |
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 I gave my Mobile Home to my son. Can I claim that on my taxes for a exemption? |
| At my age I wanted to make sure that everything was taken care of prior to my death so I gave one of my sons my Mobile Home and moved into an apartment. Is it possible for me to receive credit for ... |
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 Gas guzzlers road tax up again? |
| if everyone stopped buying them the government would be knackered they probably rely on the income to pay themselves expenses.... |
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 If my parents claim me on their taxes, do they get the money I was supposed to receive in my stimulus check? |
| I'm 19 and I moved out of my parents house in Aug 07. My parents said they would figure my taxes with their tax attorney. My mom and the tax attorney assured me that I was going to get $600 on ... |
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 I work as an independent contrator I'm 18, what will happen if I dont pay my taxes? |
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im asking this because i dont have the money to pay.. what if i only dont pay this year but pay next ... |
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 IRS Tax Stimulus Rebate - Why did I only receive 300? |
| I was 18 when I filed (I'm 19 now), filed as independent, and I don't owe anything extra that would give the IRS a reason to cut my rebate in half. I woke up to find that I only received $30... |
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 If you made under $1000 in 2006 do you need to do taxes? |
| I know it's somewhat late to ask. I did this small job while in university. My school did not take out any taxes. Any tax experts know?... |
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 How a student can get PAN card? |
| PAN card implies Perminent Account N... |
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 SBBT getting a strange message when I log in, please advise.? |
| The IRS did not deposit funds to your account as originally expected. The IRS usually makes refund deposits within 9 to 16 days, but your deposit was not received within that period of time. At times ... |
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 Do you claim unemployment with the state you work in or the state you live in? |
Additional Details
Ok maybe I need to add details.. I work in Missouri, Live in IL. Just got Temporary laid off starting last monday, Company is low on work since the economy is so bad ... |
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JACK U | How long must one save federal income tax returns? |
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Mathew
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You are subject to a general IRS audit for three years back from the current tax year. In 2006 you will need all your 2005,2004,2003 records if audited. If you are “suspected” of tax fraud you are subject to audit forever. You are required by most states to keep "business records” for 7 years. If you had any Schedule C activity your tax returns are for sure a business record. Retaining your W-2 forms to confirm your Social Security Benefits when you begin to collect is always advisable. There are other legal matters that can arise that it would be to your advantage to produce your tax records. I currently have a situation involving thousands of dollars, which will require 15-year-old tax records, be produced to make a legal point. That case has nothing to do with the IRS but those records are the best evidence available (who would ever lie to the IRS) to prove a given issue. The best answer is to keep income tax records until three years after you are dead because of estate taxes and all of the other legal matters in which they can be helpful. I would take a deduction for the cost of the file cabinet necessary to do so if you only use it for tax records. |
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RamsGod
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I am currently representing a client who is getting audited by the IRS for the tax year 1997. Just keeping the 3-7 year rule citers in perspective. |
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Qwertius
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Forever. There are time limits to when the IRS can go back and audit you for mistakes, but there is no time limit if they allege fraud on your part, so keep them until you die. |
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Andreas
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The basic answer is 3 years from the later of: (1) the due date of the return or (2) the date the return was actually filed. However, if the return contains carry-forward items, such as charitable deduction carry-forward, or short-term capital loss carry-forward, then it must be kept longer. The IRS generally has 3 years from the due date or 3 years from the filing date to audit a return. However, if there is a material misstatement of earnings or deductions, or if there is fraud, then there is no time limit. |
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STEVEN F
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Chuck D's advice sends people to jail every year. You may have noted he listed '9 Supreme Court decisions, and 13 Appellate Court Decisions' as sources, but DID NOT NAME A SINGLE CASE. |
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outrun_7
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5-7 but technicly 7 years |
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"Chuck D"
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You are all wrong. There is no requirement to maintain or produce records. You are protected under the 1st, 4th, 5th, and 6th Amendments ot the Constitution for these united States of America. If you are ever called to appear, to produce books and records, ask but two questions:
1) Please provide me with your Statutory Delegation of Authority, signed by the Secretary of the Treasury before I show you anything. (Look it up; no Delegation of Authority document exist for IRS Agents, nor can they be issued under Law.)
2) Can any of these documents be used against me or my heirs, at any time, past, present, or future, in any proceeding against me in any Civil, Criminal, or United States Tax Court trial? (No matter their answer, state: I hereby exercise my 4th and 5th Amendment rights to be secure in my possessions and property, and to not be compelled to be a witness against myself.)
Case closed. They have no lawful authority. They can't compell you to incriminate yourself. There is no Law requiring a citizen of the united States of America to pay income taxes. Look it up. The IRS has even admitted in Federal Court it is not an official government organization. There was no 'organic' act of Congress creating the (fraud called the) IRS. |
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Chupacabras
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I think it is like 7 years, but 10 is probably better. |
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mochachreme
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3 years is what they require, but like the previous person answered, I'd keep them longer. Say seven years. That's the amount of years they can go back to audit any returns. |
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acmeraven
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In theory three years; in real live and actuality save all the returns you ever file as you are dealing with idiots and computers. I have seen the darndest things go missing over the years. |
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Garacaius
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The tax professionals say three years, IRS goes back as far as seven years, I save mine for ten years. |
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