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 Its 2008, i forgot to do my taxes in 2006 can i still do it? ?
yup taxes season is around the corner and i realize that i didn't do my taxes in 2006, so im wondering if its still possible to do my taxes from that year? if so, any suggestion on how to get my ...


 Tax Question: Possible to have a greater $$ amount of itemized deductions than income?
Me and my friend were talking the other day and she was telling me about her taxes and it made me little worried. okay, she
owns a small business, married (spouse not employed) and a home. Her ...


 My mom claimed me on her taxes, will I still get a $600 rebate check?
My mom says she doesn't think so but she is not sure.....


 Should i tax my car for 6 months or a year?
...


 In my Lifetime I will pay thousands of dollars in SS?
But when it comes time for me to use it in 2055 the system will be broke. so shouldn't I be excused from paying for it?...


 Our national debt is REALLY $49 TRILLION - not $8.3 trillion - who pays this back and should Bush go to jail?
Harvard and Rhode Scholars under the US Treasure Department are now reporting the Bush admin. lied and the true national debt will shock many people. If so, the country is bankrupt so the Bush Adm. ...


 Get married without CPA/accountant knowing?
OK..here is the deal. My Dad is a CPA/Accountant and does my tax return each year. I'm 21 years old. I want to get married to my girlfriend but I don't want him to find out. Is there a way ...


 How much does the federal government take out of our paychecks for income tax?
...


 Sole proprietor or Partnership? Do both partners have to pay self-employment tax, double the sole p. rate?
My live-in son would like to start a small business. I would help him, but really don't need the money and would work for free. I realize that as a sole proprietor he would owe self-...


 Anyone ever used H&R block?
What does it cost? What do you need asside from w-2? Do they cut you a check on the spot?
Additional Details
well, I am a college student and want some money. I already have my forms ...


 Umm what do I do if I havent paid taxes ever?
Boy I know IRS is gonna come after me for this, but I havent filed for taxes in 7 years .. Really never I worked a lot of odd jobs but never had them long enough to file. I know the government is ...


 I used turbo tax and paid my efile fees to them I had direct deposit will I get a paper check for the stimulus
check or will it still be direct deposit my date has already ...


 Rebate checks?
does any one know of a site i can go to to check the status of my rebate check, such as when i can expect to recieve it, etc. ...


 If you pay a gross amount of £550.00 inclusive of VAT...?
what is the NET and VAT amount? Could you please show your working out as well?!... sorry.. i'm rubbish at maths!!...


 When our india going to a role model?
...


 When do you pay property tax?
at the end of each month, quarter or end of the year?

btw...this is for a condo in nyc which has 11 years tax abatement left. thx in advance....


 Bill Gates pays 10% in taxes why does the middle class pay over 20.5%?
...


 Can i claim for tax exemption if i bear expenses of my sister education?
...


 My wife and I got married in January 2008 do we file our taxes together or wait to next year?
...


 Can I file taxes as "married filing jointly" with my live in boyfriend?
We lived together all of 2007, we live in California. We're engaged, but not married yet. Not sure if we can. If we file separate, I have to pay 1100, if we do it together, we get back 3000, ...



emily1980
My husband and I were separated for the whole 2007 year, but are back together.?
Should we file taxes separately? We have one child. My gross income is in the lower $20,000 range and his is close to $45,000. Would we get a bigger return if we file together or separately?
                     
 




allison b
Rating
together


Judy1
You can file either way, but a joint return might end up best.


deepseaofblankets
File together, better tax benefits for married folks. Good luck.


msquaredinc
You have to file married filing jointly or married filing separate:
Jointly -
AGI - 65000
Less:Exemptions - 10200
Less:Standard Deduction - 10700
Taxable Income - 44100
Tax Liability - 5,864

Separate -
AGI - 20000
Less: Exemptions - 6800
Less: Standard Deduction - 5350
Tax Liability - 804
AGI - 45000
Less:Exemptions - 3400
Less: Standard Deduction - 5350
Tax Liability - 5614

The total taxes due, using the information you provided shows that filing jointly will give you less tax liability. If you withheld, for example, 7,000 dollars in taxes during the year your refund will be as follows:

Married Filing Joint - 1136
Married Filing Separate - 582

These amounts may differ but it shows that filing joint will give you the largest return.


New Moon Daughter
Rating
Use Turbo Tax. Do both but don't submit either until you decide which one has a larger return. Then file that way.


mark s
Rating
you will have to run the numbers but you can file separately anytime you want


mollyacayan@sbcglobal.net
I am glad you are back together but, be smart, file seperately. Single Head of Household. Next year if it all works out file together, but try to file seperate again if you can. The person you file with can better give you an idea how you can receive the most money.


Happyone
Rating
I'm not sure how that would work because, technically you guys were still married but separated you should ask the person who makes up your taxes. He/she would know the best route to take that way later down the road you wont have an issue with owing IRS.


bodmodangel
You can only file together if you lived together for a certain amount of time over the last 6 months of the year (ask your tax professional for the exact amount of time).


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