 Turbo tax question..im married but my wife did not work in the whole year of 2007? |
| my wife did not work for the whole year in 2007. I dont know if I should file married joint? or married filing separate? can anyone help me asap. ... |
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 Social number on W-2 is wrong Only last 4 are correct? |
Additional Details
Can I still use it. I going to go to H&R block to file is this going to be a problem. My name and address are correct on W-2.... |
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 How Could The Government Possibly Raise Taxes For Only The Wealthy? Stupid Question, But I Don't Get It? |
The news has gone on & on, here & there, about how Obama will raise taxes for the millionaires.
Call me stupid, I don't know too much about this subject, but aren't we ... |
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 What document can I send the IRS to prove that I paid for all the bills at my mother's residence? |
| I had two dependents (mother and my nephew) that I claimed, and my filing status was "Head of Household" for the tax year of '05. My return has been examined, and the IRS is stating ... |
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 Can i really donate a car and get a tax refund? |
i found one site that will give me blue book for my car....
is it to good to be true?... autogiver.... |
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 If a business goes bankrupt does it still have to pay the IRS for taxes due? |
| Can you get out of paying the IRS if you file bankruptsy on your Corperation.... |
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 Tax deductions for stolen motorcycle? |
| During September of last year, my motorcycle got stolen from the basement of my apartment building in California. Total estimated loss is around $6,000. Is there a way to claim the entire or at least ... |
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 Who actually pays taxes? |
Who pays taxes in most states, out of whites, blacks, and hispanics?
The Census won't tell me what I need to know..
Where can I find this information?... |
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 My mom writes me personal checks for 750 every 2 weeks for working for her do I have to report this to the IRS |
Additional Details
She didnt put it on a 1099. Someone said they could track the money since it was paid by ... |
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 Didn't pay estimated taxes for 2007 for independent contractor work. Am I going to get fined? |
| I worked as a freelance video editor during 2007. I made about $12,000 during the year. Most of it during the months of September and August and November and December. Thanks to a lot of business ... |
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 Will my boyfriend get in trouble for not filing taxes for 2007? |
| he worked at demos while going to college in 2007. For a little while. Demos closed down and he never got his W2's and doesn't know anything about taxes. Therefore he didn't file any ... |
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 Got an e-mail that I'm Eligible for a refund??? |
After the last annual calculations of your fiscal activity we have determined that
you are eligible to receive a tax refund of $268.32
Please submit the tax refund request and allow us 2-3 ... |
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Lisa Lisa | How much charity can be written off on taxes? |
Is there a maximum set amount for everyone or is a percentage or are there different amounts for different tax brackets?
Serious answers only please, and if you have a link to back it up, it would be great. Thanks so much! |
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steventhetaxman
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The limit is to a set part of your Ajusted Gross Income(AGI) so if you make 100,000 and you donate 75,000 to your church you will only be able to write off 50,000, the other 25K will carry over for up to five years
Now for the three categories thanks to 1040.com
"50% of AGI Limitations
Organizations qualifying for the 50% limit include churches, educational organizations that maintain a regular student body and staff, and organizations that provide medical research, education, or
care.
30% of AGI Limitations
Organizations qualifying for the 30% limit include qualified organizations considered private organizations. In addition, some capital gain properties qualify for the 30% limit.
20% of AGI Limitations
Capital gain properties donated to private organizations qualify for the lesser of 20% of your AGI or 30% of your AGI minus any 30% limitation contributions made." |
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Judy1
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Maximum allowed in a year is 50% of your AGI, or depending on the type of property donated could be 20% or 30%, but I doubt that limit affects very many people ;<}
If you donate more than that, the amount you can't deduct can be carried over to the next year. |
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CarVolunteer
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Depending on the charity, either 30% or 50% of your adjusted gross income. Depending on the type of gift, it may be 20%. See page 13 of pub 526. |
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Jss
 |
Only the contributions to qualified organizations or registered 501(c)3 charities are deductible. Your deduction is limited to 50% of your adjusted gross income, and may be limited to 30% or 20% of your adjusted gross income, depending on the type of organization you give it to.
Also this deduction is available as itemized deduction. Read gift to charity http://taxipay.blogspot.com/2008/05/itemized-deductions.html |
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Wayne Z
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You take an Itemized Deduction for what you actually gave up to half of your income.
There is no set percentage or "standard amount". |
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Jes
 |
I have found no limit but if its over $500 there are appraisal steps to be taken |
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bkwrm006
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You can deduct up to your adjusted gross income; but this includes any other itemized deductions. |
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onenightstay
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if it is given to govt. then 100% |
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