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 Why do I OWE money on my 2007 tax return?
I just don't get it. Last return (for 2006) I was on unemployment for a few months and ended up owing $133. This year, I held 4 jobs - total income of around $1700. Why do I owe twice as much ...


 A question from the States?
Does any one recognize this? I know it's a scam, but has any one else seen this. ( UK National Lottery Online Promo Progamme ). Any info is appreciated. It's going on all over here and the ...


 Help regarding child tax credit?
Does anyone know if we can claim CTC my partner is now self employed but has never paid tax or national insurance before, i am currently unemployed and due to give birth to second child in dec....


 IRS and Poker Winnings????
Ok, I am going to start off and say that; I work for the federal government and I am a little upset about this. If you win more than $5,000 you have to claim it to the IRS. What is up with that.
...


 If I filed bankrupcy, do I have to claim forgiven debt as income on my taxes?

Additional Details
I filed bankrupcy in March of 2004, it was discharged in February 2005.
When I filed my taxes in 2005 I didnt claim anything I filed banrupcy on as income.
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 How much tax and N.I would be taken off a gross wage of £214 p/wk (roughly, if you can't be accurate)?

Additional Details
Thanks J...


 How to qualify for Head of Household, and what is a dependent?
Can I claim my dad as a dependent even though he did not live with me? Also my fiance lived with me this last year and he did not have income because he was in college can I claim him?...


 How do I get a VAT number?
For a new small business....


 If My husband lives in Ohio but works in Pa...does he have to pay state taxes in both states?
His employer takes out PA taxes but not Ohio. won't he still owe Ohio?...


 Can I deduct the 520$ I donated to our church this year on my income taxes?
The donations were actually 10$ a week for the year. Of course I have no receipts to show any of it....


 What is VAT when it is applicable?
That is when value added tax will be ...


 I still haven't received my W2 and it is Jan 31st. I know the company I work for has the correct address.?
...


 If I am claimed as a dependant will I get an Economic Stimulus Check?
I'm 22 and I work full time. I earned well over the $3000.00 mark but my parents still claim me as a dependant since I live at home. When my parents frist received their info from the IRS about ...


 Council tax??
do the high end of council workers (mps and that sort of people) pay council tax??
Additional Details
but how do we know they pay it??...


 My council tax is due on 1st April and I am due to move on 5th.?
Will I really need to pay the full month? Refund is a bit tricky as the account it is to come from will have been closed......


 I' ve recieved a council tax bill, but I'm a student. Do I have to pay?
I live with another person who works full time. Both our names are on the bill. Can I get my name taken off the bill as I dont want to be liable if its not paid? Obviously I will contribute what I ...


 First time tax payer, help!?
I am a recent college grad and have to file my taxes for the first time (my parents previously claimed me). I was a student for 1/2 the year (and working part time), and then fully employed for the ...


 I am 60yrs old my hubby is 58,do we qualify for poll tax reduction?
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 I was supposed to get my IRS stimlus check yesterday, my dad was supposed to get his 2 weeks ago.?
Are they behind on giving this out. Also I work last year and filed taxes, but I'm a dependent, does that meab I'm not receivng it?...


 What does a $65,000 a year salary equal to as hourly pay?
im about to start a new job and i was just ...



bio mom
Is signing bonus money earned income for tax purposes?
We got a signing bonus and relocation expenses at the end of 2007. Is this considered earned income for the earned income credit, or should I not apply for the earned income credit? This is the only income we recieved in 2007.
                     
 




stefa1mg
Rating
Yes, it is income for the earned income credit.


VY
The signing bonus is definitely taxable. Any bonus is considered taxable earnings.

As for relocation. It depends. If it is reimbursement of actual expenses incurred, probably not. Without specifics hard to answer so check with your accountant.


jmorritz
Yes, it is money earned.


David S
Rating
Earned Income. Get it taxed or you'll get BOMBED come payment time.


MomOf3
Rating
How did you live up until the end of 2007 when you got this bonus if that was the only income you recieved all year


Clarence Cutler
Yeah it is money earned.

Hope i helped you;)


mutvulture
Relocation expenses are not taxable as long as you can prove you used it to relocate.

Sign on bonus for a job is taxable at your regular rate. It is earned income.


Ape Sith
Rating
Yes, why wouldn't it be?


chickie
Rating
yes, it is earned income. Apply anyway. Only source? probably won't have to pay anthing then. File still.


k.louth
Call someone H&R Block to find out. They are usually helpful with tax questions like that.


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