 Why is Social Security capped at $97,500? |
| I realize that amount will increase a little bit next year, but why is it capped at that amount? Pretty much everybody that makes over $100,000 per year isn't going to miss that amount, while ... |
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 I have received a summons to court for non payment of council tax? |
| but its for this year.why if i have until31.03.08 to pay for it have i received this summons?... |
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 What can you deduct for a mary kay business? |
| I'm considering starting a Mary Kay business and wanted to know all the tax deductions that are possible. I know there are 41 but I can't find any.... |
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 Why are we all forced to pay out over 56% of our wages in Taxes? |
| During the Boston Tea Party, the early americans through Tea into the Boston Harbor because of a 1/3 of 1% tax which they called "tierany." If 1/3 of 1% was unacceptable, what would they ... |
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 My ex and i have 2 kids....we decided that everyother year we would claim both kids? |
| last year he claimed both...and i was to claim both this year....now he is telling me that i cant because they live with him last year and hes going to!...can he claim them both years...we have no ... |
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 Does the 16th Amendment specify what is to be considered as "income," is all labor earnings considered income? |
| I know that the 16th authorizes the government to levy taxes on income, that is not the issue, the issue is that wages earned from working is not income, it is technically an equal exchange of ... |
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 Shouldn't we be able to deduct tips left at restaurants from our taxes, as they are someone's salary? |
| A tip you leave at a restaurant is the server's wages. In fact, it even gets taxed. So basically tips are taxed twice, from the tipper and the tipee.... |
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 Race and income tax question? |
is racial classification a factor when determining:
-how much income tax a person pays
-or what tax bracket a person is in
???
thank you in advance.
... |
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 Should there be just one tax band of 10%? |
any thoughts on this?
And I mean, EVERYONE pays, no exceptions, no loopholes, no get out clauses... everyone in the country pays one low rate of 10%
Consider it for a moment, ... |
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 So there is NO income tax law? |
that requiers you to pay income tax now knowing that is there any way to get away from paying that income tax avery week on your pay check?
Additional Details
that requiers you to pay ... |
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 I think there's a conspiracy against me? |
| I became unemployed/retired November 2007. I applied for unemployment insurance benefits. They denied it and I appealed. I won the appeal. Within one week of me winning my appeal I had the C... |
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 I recieved an email from the IRS and I wanted to know if this is a real email from them. Can you help? |
| After the last annual calculations of your fiscal activity we have determined that you are eligible to receive a tax refund of $116.40. Please submit the tax refund request and allow us 6-9 days in ... |
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 Do you have to file your w-2 if its based on just one paycheck? |
| i recieved my W2 last month but havent filed it yet since it was based on my 450 paycheck from last december. the federal social medicare come out to about 50 bucks and my stae tax is less than 15 ... |
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 Rebate stimulus checks? |
| i want to check when i will receive my stimulus rebate ... |
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 Ok its May 30 and wheres the stim tax check? |
They said on the news and site go by last 2 dodgets of ss# and Iam o6 wheres mine and has anybody got deposit yet? it would be nice if somebody got it !
Additional Details
Duh I feel ... |
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Chuchi | I want to do my OWN TAXES!!!? |
Hello, I am tierd of all the accountants i hired in the pass made a mess with my personal taxes. I have to declare a (1099 - W9) and i would like to know if anyone knows where can i do them by myself? where can i read or learn or go to a website that explains step by step on how to do it. and actually do it there???
PLEASE help!!! |
 |
 
Michael R
|
Well let me tell you a little secert?
Since you got this with reading my answer you can do your own taxes!!!!! just go to http://www.irs.gov and read the 1040 form and the 1040 instructions. Any other forms you need come with instructions. Taxes aren't that hard to prepare just sometimes read a bit confusing. |
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bud68
|
You go to the IRS instruction books that accompany the tax return forms. You can also use the IRS website. Or you can buy tax preparation software. |
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F C
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Turbo Tax just walks you through each step. It's so much cheaper than accountants. The worst thing that can happen is that you make a mistake and the IRS sends you the correction and tells you what to do. Take the leap and you'll be much happier. |
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towanda
 |
You can go to the irs.gov and download the information needed for each form plus they have publications that will explain details. You can also buy some software and they have tutorials included. I have tried Turbo Tax and had no problems but then I do bookkeeping and Tax Cut and when the software didn't work, got no technical help and had to buy a different program. The tutorials will ask you questions, you answer them yes or no and they take you through the different forms and then if yes ask for the pertinant information. Then you can usually electronically file from the program so that you get any refund quickly. They also check your taxes over and make suggestions for other deductions and check it for mistakes. Don't for get to sign it & attach whatever they ask for and save a copy for yourself and all backups of proof.
Good luck. I also suggest that you compare the taxes you do with the taxes done by others in past years for comparision sake so that you miss nothing. The first year takes more time but if you have the same forms to do each year, it gets easier and easier and the front of the guide for the 1040 has the changes for each year so you stay current. |
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lucee
 |
you can do them online using TurboTax, or buy the Turbotax Deluxe which will include your state (that's always separate), then you'll have the software and all the instructions. I used TurboTax for 12 years. I no longer have to file taxes (my income is totally Social Security, which isn't taxable.)
You can buy TurboTax at Staples, Office Depot, Wal-Mart and Target. |
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Wounded Duck
 |
Go right ahead! |
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gary.aldras
|
Turbo tax software. |
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benni
|
You can go to your local library and get the forms and fill them out. But be ready for a headache. I'de reccomend you get some tax software, that's what I do every year, I use H&R Block's Taxcut software, and it is real easy. I'de say it's worth the 30 bucks or whatever they charge. |
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designer K
 |
go to irs.gov or maybe try turbo tax |
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my brain hurts
|
What you need is a form 1040. If you're just reporting your taxes and not claiming any interest paid, medical expenses, etc., you can even just do a 1040-EZ, which is, as the name suggests, super easy. There is also a booklet available that explains step by step how to fill out the forms. You can order or download both at http://www.irs.gov/ or you should also be able to find them at your local library and/or post office.
A 1099 on the other hand is something that is sent to you from anyone that you pay interest to, like a mortgage company or school loan. If you are claiming interest on a mortgage, medical expenses, or property tax, you will also need to get yourself a "Schedule A" form.
It's fairly easy to do your own taxes, as long as you understand math and have a lot of patience. Though I would highly recommend enlisting the help of a friend or family member the first time you do it. |
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