Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 What time will rebate deposits be in the account if you're supposed to get it today? Anyone already got theirs
...


 How can i find the best way to file my taxes online? I have never done this before so I am not sure where to .
...


 I think I made a mistake. Now what?
I got a notice in June 2006 saying that my Federal Income Tax for 2004 was incorrect and I owed money. I've been using the EZ form for 12 years, do it all myself and have never had a problem. I ...


 What are the odds that the irs will accept an offer and compromise?
NOT BEING REPRESENTED BY AN TAX SPIECIALIST....


 What does it mean that Obama wants to uncap social security tax and what will it do to business in America?
...


 Can my daughter's father, who doesn't have custody, claim her on his income tax for the child tax credit?
He pays 50 a month to welfare because I am on assistance temporarily. He's only paid for two months. I have full custody, but my husband goes to school full time, no job, and I am not in school ...


 How do I account for money lent to me from my fiancee?
My fiancee recently wrote me a check (in my name) for $20,000 to pay off my student loan to save myself money. I am paying her back (with half the interest rate the loan was giving me).

H...


 Just got married. Do I have to file married on my 2007 taxes if I am only married four monthes of the year?
...


 Is the income tax a fraud?
Give me your opinion and post some videos
Additional Details
please put sources/evidence about your claims, don't just say it is or isn't a fraud....


 IRS stimulus check?
Hey what if you owe IRS? Will you still be entilted to a check? And don't say to go on their website and check out the FAQ, because i've checked and it doesn't say....


 My ss number and name did not match on my tax return, any way to get my stimulus check?
I have now changed my SS number to match my married name. How do I get my stimulus rebate check?...


 Would being in a higher tax bracket or a certain income, prevent you from claiming a 17 yr. old as a dependent
My exhusband usually claims our son on his taxes. This year his tax consultant told him he couldn't claim him as a dependent, because he is 17 1/2. I looked at the IRS website and I found out ...


 Can a person file with IRS if she is getting paid in cash only and she is self-employed?
...


 Anyone know a free service to do taxes online?
I went to Irs.gov and checked out the free file sites there. I've tried two sites listed there unsuccessfully.

Both times I went through the whole process, got to the end and they ...


 Do I fill out income tax or not?
I wanted to start a self-employed, small eBay business. In order to buy items from wholesalers I needed a sales tax ID number. So I got my IBT number (Illinois Business Tax number). Consequently, I ...


 Does anybody knows why we pay taxes?
...


 Stimulus check, stimulus check, everybodys talking about them, who has actually recieved their stimulus money?

Additional Details
I havent heard of a single person thats recieved their economic stimulus money. Whats really going on?...


 I filed my taxes in february and now i owe the irs money...thats impossible i am a high school student?
...


 My first name is spelled wrong on my tax refund check; will I still be able to get it cashed?
...


 If I am scheduled for DD May 9th,?
will I be getting it tomorrow? have seen alot of people that was suppose to get DD already but they haven't gotten theirs yet,so i am just wondering if I will be in the same boat.
A...



Audra_20
Tax help! Why do my hubby & I always pay more federal taxes?!!?
Every year, we get the shaft and have to pay...and it's always a lot (federal taxes). What are we doing wrong? We don't make a lot, it's just me and my husband. We used turbo tax so we are just plugging in numbers. Our mortgage interest didn't even help us. Should we be filing married/filing separatly? It sucks! The last time we got money back was when we had an apt! (years ago!) Any clue as to what's up? And can they take more out of paychecks so it is not such a "shock" come April?? Any tax professionals out there? Thanks!!
                     
 




bob b
Assuming you are doing your taxes correctly, you are probably not having enough tax withheld from your paychecks. Get a copy of a W-4 (you can go to www.IRS.gov) and go through the worksheet to determine the proper number of withholding allowances. Then you can give a new W-4 to your employers to change your withholding.

My experience with Turbo Tax is that it is pretty accurate if you follow all the steps and answer all the interview questions. If you didn't take advantage of the interview and the various help sections, then you might want to go back and redo your return.

Another alternative is to take your return and your tax info to a tax preparation service (H&R Block, Jackson Hewitt, etc.) and ask them to review it for errors. Negotiate a fee before they do any work!


growing inside
Yes, you can have more withheld from each paycheck. Ask your employer for a new W-4 and read the instructions carefully when you fill it out (including the back of the form). That way you can ensure you have the right amount taken out.


Judy1
If you always have to pay a large amount, you should have more taken out. Don't file separately - that will almost surely end up with you paying more.

Check your W-4 that you have filed with your employer, and have them take out enough more each pay period to cover what you owe this year. That should bring you pretty close to breaking even next year unless something changes drastically.


mrfoxhorn
Rating
Turbo Tax stinks unless you only have a couple of W-2's. If Turbo tax is not allowing you to use your Mortage interest, which it most likely is not, then you need the help of a tax professional. Get a free estimate done or have a Tax Pro check your return I bet you and your hubby have missed out on a ton of deductions because Turbo Tax can't handle to much info. Looks like you saved a little money by not going to a tax pro but lost A LOT of money useing Turbo Tax.


iftaman
Rating
Why are you getting the shaft? You pay tax on your income. By paying each April, it means you just didn't pay enough during the year to cover your whole bill. If you wish to have more taken out, you can, you can search for more deductions. You most likely should not be filing separately given your details. Finally, do you realize if you get a refund, that means the government has been holding your money (without interest)?


detlionsfan1218
Rating
Less than 10k file seperatly... And I help do my parents taxes.... (I'm 14 btw)... My parents have had bad things happen with Turbo-T sometimes and switched to H&R Block and have done better.... And I bought H&R Block stocks so when ppl come to their senses i'll be rich


Dusie
Rating
Go to your employers and have them take a few more dollars out of each paycheck. I won't hurt so bad come April 15.


jimmyjohn
Reevaluate your exemptions & change them for federal and state. You might consider using a good tax preparer (not one of the franchises). It will certainly cost more than TurboTax, but he/she may save you a lot more than the cost of services, compared to doing it yourself. Ask around for referrals. Tac professionals are up to date on all the current tax laws, and they can interact with you and your specific situation better than a computer program.


pandora72
if your total deductions are less than 10K, you should file married filing jointly standard deduction. have kids if you want to ever get money back. its how the world goes round.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy