 If my 16 yr old files her own return, can she still be claimed as a dependant? |
| My daughter worked part time and will have income to file, I did not work, I am disabled with no income. Can my boyfriend claim my 2 children and me on his return as dependants because he helped ... |
|
 Is anyone still waiting?? |
| I have been waiting since Jan 18,07 for my refund i know others were getting code 1121 or 1201 on the IRS web site about thier refunds, is there anyone out there still waiting or has everyone gotten ... |
|
 Employer didn't take out enough taxes? |
| Is there anything i can do,if my employer didn't take the correct amount of taxes out of my check? I am single,claim 1 dependent, made 50,000 and my employer only deducted 2700.00 which is way ... |
|
 Does the IRS offer payment options to pay for your taxes? |
| After filing my taxes, I ended up having to pay. Could I request for payments installments to pay for my taxes?... |
|
 Should I put exempt or single on my W-4 Forms? |
| I work at a clothing store in the mall year round. I am a full time student and I still live at home, therefore my parents claim me as a dependant on their taxes.so i filed exempt, and I get social ... |
|
 What would happen if i filed as head of household on on my taxes even though i have no dependents.? |
| I am a divorce male that heard that you can file as head of household on your taxes if you itemize I pay for more than 50 percent of the expenses in my home (pay for all of them) is this something ... |
|
 I haven't filed my taxes for the 3 years.? |
I haven't filed my taxes for the pass 3 years. I know for sure that I would have gotten a return. I was told that you get 3 years to file if you don't owe. Is this true?
2006 ... |
|
 What's going on with the federal deductions on my W2? |
| I have worked and still work for the same company since 11-'06. It was not until 3-'07 that my first federal income tax deduction was taken, to the tune of less than fifty cents. I made ... |
|
 Is it possible to successfully evade paying tax on investments? |
| I have some money invested in a sort of term deposit style fund because I am saving for a house. Now, I know the interest I earn in this fund is considered income, but if I leave it off my tax ... |
|
 Are the Stimulas Tax Rebate paper checks coming on time? |
| I was just curious if everyone is getting their check on time, or even if they are coming early for anyone?... |
|
 What would be a way to split our tax return where everyone is happy....? |
| we get about 5000 on our tax return... we have one daughter(so we get 1 child tax credit)who is 18 months old, and another due in may...last year we didnt need to think too hard because we spent some ... |
|
 At age 70 taking Social Security do I pay income tax on it? |
| If I take Social Security at age 70 do I pay icome tax on that money?... |
|
 What is the national minimum wage (UK)? |
i currently work 9-5, but have an hour for my dinner. so would i say i worked a 40 hour week or a 35 hour week?
Additional Details
i'm 18 by the way!... |
|
|  |
Dfwteddybear | If you enter a raffle to win a luxury home, and win, How do you pay the income taxes? |
I am thinking about entering a raffle where the prize is a new luxury furnished home that they say is a $5 million prize. I don't even think a could afford a mortgage payment on the financing the income tax. |
 |
 
midlandsharon
|
Sell the house, buy a house worth half the price and pay your taxes. |
|
Khemosabi's Ranger
|
Sell what you don't want of the furniture immediately, and keep receipts. Show them to the IRS, and report as income only what you receive, regardless of the retail price of the items. If the house is appreciating, you might want to use a section 1031 exchange for a smaller house, and "boot" (boot is cash). Use the cash to pay some or all of your taxes, and get a mortgage that you can afford on the smaller place to pay the rest. When you use a section 1031 exchange, you only pay tax on the appreciated value of the house to the extent of the cash that you get, so presumably some of the appreciation (assuming there is some) will not be taxed in that transaction. |
|
nursesr4evr
|
If it's the Better Homes and Garden contest they have every year, they have NEVER had a winner who could afford the taxes. They had to sell the house. However, they still made a hefty profit and were able to buy a smaller house. |
|
STEVEN F
|
If you can't afford a mortgage to cover the taxes, you can't afford the property taxes either. Sell the house, pay the taxes, and use the rest for something you can afford. |
|
cyanne2ak
 |
It depends on the state you are in. You may not have to pay state taxes on it. You WILL have to pay federal taxes on it. You can indeed set up a payment plan through an attorney or CPA. |
|
curiositycat
 |
Win the home, sell it, and then buy a smaller home and pay off the taxes. Doesn't it count on next year's? |
|
beer234
 |
You pay with cash if you have it. If not you must take a mortgage against the property to pay the tax or obtain financing in some other form. |
|
whitebuffalorider
|
pay with cash and get a receipt |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 18 minutes(s) ago
| | | |
8 | 26 minutes(s) ago
| | | |
8 | 40 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
7 | 2 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
8 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
