I made a loan to my mother, she paid it back with interest - how do I report the interest she paid to the IRS? |
The interest was under $10,000 - I don't want it to be a gift, I want it to be considered interest. Do I need to file a 1099? Does she? If yes, which "flavor" (maybe 1099-INT)?
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I made 35,ooo this year will I owe the Irs? |
Additional Details I have 1 dependent. I have payed out $4090.00 in federal withhold so far. I rent not own. I was just wondering b/c I did a couple of online caculators and each of ... |
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Is it legal? |
| ok i just interviewed for a new job and they said that they would pay cash but i would have to do my own taxes...like save some back each check cause i will have to pay when it comes tax time. is ... |
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Can someone show me the law that requires me to pay personal income tax? |
| The Supreme Court has struck down 2 attempts to levy a new tax on the people,and other than tax code and lower court decisions there is no actual law anywhere that I can find that requires me to pay ... |
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Is It Wrong To Steal Your Friends Hair? |
My Friend has long curly blonde hair, on her beautiful head, I really want it. So I am planning to go and shave her head.
Can you see a future in our friendship??? Additional Details<... |
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Do I have to pay taxes on my points?? |
| I hope not. I just got to level 3 and if I do have to pay then I'm going to be in trouble.... |
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What happens if you missed filing taxes? |
| I did not file taxes for 2006. I plan to file them next year along with my other taxes...Can something bad happen to me? Any experiences? Thank you.... |
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Would my whiskey purchases qualify as tax deductible business expenses? |
Why was my question deleted the first time?? Whiskey helps me to function at this corporate job from hell, therefore, should qualify as a legitimate write-off, no? Additional Details I ... |
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Received letter saying i owe nat. insurance from two years ago? |
| Says I owe them £250 for over the corse of 33 weeks. During the dates in question I worked only at one place and part time 16 hours and Im pretty sure I paid all my NI weekly. Could this be a ... |
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Is Saturday classed as a working day in england? |
| e.g. I put some funds onto a debit card yesterday (friday) and was told that the funds would be available the next working day. I wondered if Saturday was generally classed as a working day or ... |
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Form 1098 who can claim the mortgage interest if 2 people own the home? |
My girfriend and I own a home together. It would be more benifcial to her if she could claim all interest on the 1098. Under what circumstances is this acceptable? Additional Details ... |
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My tax preparer has told me that my flight school expenses are NOT tax deductible? |
I'm not expert on this, but the IRS nowadays lets folks write off most education expenses...am I right?
Getting my pilots license took five years and cost more than $15,000 of my own ... |
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