 What is the best way to fill out the W-4 form, if I want more money from my paycheck? |
I bought a condo, and want to write off the taxes and interest that I will pay, and wanted to know how this system works.
Additional Details
Forgot to mention, I'm married with one ... |
|
 Why is there sales tax on coffee in California ? |
I just bought coffee from the largest chain supermarket in the West, and it was 1.95 for a medium cup, plus .16 sales tax !! And there is no tax on food items in CA.
I called the corp ... |
|
 Told my boss ive been overpaid? |
| i realised on my wage slip that i was over paid by £580 pounds and told my boss and has told head office cos of the amount of tax and ni they have took of me can i arrange to pay back in ... |
|
 Do I have to file a federal tax return if I received one payment of miscellaneous income (1099 form)? |
| I'm a university student and my only income for 2007 was volunteering in a medical study. I was paid a few thousand dollars for being in this study, and no taxes were taken out of the payment I ... |
|
 Can I Carry a Child on my taxes without a social security number? |
| I am currently pregnant and due to have my baby in Feb 2008 can i carry my baby without a social security number.... |
|
 I need to stop my house from going into foreclosure due to unpaid property taxes. What do i do? |
| I ve had the house for a year now. I dont have enough paid off to apply for an equity loan. I am going through a divorce which has been the main reason why i havent been able to pay the escrow on the ... |
|
 I want quit working part time to look after my children. What benefits would i get? |
| My wife works full time, We get childrens tax credit and child allowance, I have paid national insurance all my working life, we are home owners(mortgage) and no real savings.... |
|
 Two accountants have now told me that I'm "self-employed." I'm looking for more opinions from PROFESSIONALS on |
Let me break down what I did for money in 2007...
Drug Studies: I donated my body to science to test out new drugs and received stipends totalling more than $18,000 for the year. I ... |
|
 How much will I come out with at the end of the week? |
| If I work 31 hours a week at minimum wage, how much will I get after tax and national insurance etc?... |
|
 Why are some people getting their stimulus checks early? |
here's the schedule:
Last two SSN digits:
00 through 09 May 16
10 through 18 May 23
19 through 25 May 30
26 through 38 June 6
39 through 51... |
|
|  |
sassy71074 | My "X" husband did not file his 2006 taxes? |
my x did not file last year because he owed money. I filed and got my refund. We are still legally married (serperated 5 yrs.) and I want to make sure this is taken care of this year so I don't get screwed. Will this come back on me? I told him we would file separately. He can claim one of the kids this year and with the refund we will pay off last year. Whatever is left I get. Will this work or is he screwed from not filing last year? |
 |
 
ninasgramma
|
"He can claim one of the kids this year and with the refund we will pay off last year."
If you are not living with him and support your own household, his tax liability is not your problem.
If I am interpreting this correctly, you are letting him claim one of the children that lives with you. If you "let" him claim the child as living with him, you may be setting yourself up for some trouble if this is not true. So don't do it.
If you want to allow him to claim a child, sign Form 8332 waiving your exemption for your child to him for 2007, but also documenting that you are the custodial parent. Form 8332 will allow him the exemption and the Child Tax Credit. It will not give him the Earned Income Credit or allow him the Head of Household filing status.
There will not be a problem for you if in fact you are not living with him and your returns are filed properly. |
|
wartz
 |
Not your problem. Check out the advice about filing as Head of Household. You could generate a significant additional refund to yourself. |
|
Terry G
|
He can still file his last year's taxes. If your kids lived with you for six months or more and you provided half of their care, you can claim them. He can't. Since you filed separately, you should have no problems. Depending on your income, you may qualify for EITC. You might also be able to file as head of household (much better than MFS) |
|
bostonianinmo
|
As long as you file separately you have nothing to worry about. (And it's not your problem anyway so there's nothing that you can really do about it.)
Giving him one exemption for one of the kids won't make that much difference on his tax return for this year. It will reduce his tax by betewen $340 and $1,190 at the most. For most taxpayers it's worth $850 at best unless his income is unusually high. Assuming that you are the custodial parent he can't claim the EIC or file as Head of Household if you give him one of the exemptions -- you will still get those -- but it will make you look good as far as he's concerned so it might be worth something there. |
|
shoredude2
 |
If you filed your return as Married Filing Separately or Head of Household, since you didn't live with him at all last year, you're okay and it's all on him for last year. Let him worry about it. |
|
john l
 |
should not if you filed seperatly |
|
Ms. Angel..
 |
Your x will need to file the 2006 tax return. IF he files his 2007, IRS will hold his refund until his 2006 is filed. Once 2006 is received and full processed if he owes his 2007 refund will be offset to pay the balance owed. If it full pays the balance the difference will be refunded to him.
Him not filing should not affect you. |
|
Michael R
|
She can't claim HoH since she is still married. If the kid lived with you all year then your X can't claim him. Unless you don't claim your kid and let him but that would be fraud. It is his debt not yours.
He should pay his taxes on time I am sure he owes much interest from not paying the IRS over the year. Good move leaving him.... If he doesn't know to pay his taxes or avoids it then he's not the type of person you want to be with and have raise your kid! |
|
UnknownDisturbance23
|
No he is not screwed from not filing last year. IF you owed anything last year that will come out of this years anyways but, you should file them together at the same time. You always have a year grace period before you absolutely must do your tax returns. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 38 minutes(s) ago
| | | |
9 | 40 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
