 If i owe 500 to taxes will they take 500 from the 600 dollar refund check? |
| if not can i still get my 600 dollars first. or do i have to pat the 500 first to get the 600 dollar check?... |
|
 I have not done my 2005 taxes yet !!! :( What should I do??? |
| I keep putting it off...whe i tried to file an extension, it said DONT if i expect a refund...and I did, whaat should I do now????...do they...wait until 2006 taxes! H... |
|
 To clarify a question I had on IRA's. What I really wanted to know was.Now that I rolled over my 401k into a |
| IRA and a Roth....which are invested in mutual funds. Do I have to claim my gains (Interest,Divedens,est,est est) when I file my taxes every year or is it taxed as a whole at distrabution time?... |
|
 How come we pay taxes on unemployment and social security benefits? |
| this is money that was already deducted from our pay check before we got it and when we need it, its taxed again isnt it unearned income?.... |
|
 How the heck is this fare? |
| Ok so Im 16 and I have a job, everyone knows they take out Social Security...My grandmother said shes getting paid monthy now for the money that was deducted when she was younger. But people say &... |
|
 I would like to do my own taxes this year. Is turbo tax user friendly and will it explain what to do? |
| I am really confused as to who I can claim, and what I can deduct as far as my kids go. They are both over 18. One of them just graduated high school in May and the other one is home with me too, ... |
|
 Besides Income tax, how many other taxes Does the gov. collect on the public? |
| You pay ss, medicare, Income tax, gas tax, Taxes on the useage of you phone, does anybody know how many other taxes you pay th the state and federal government, and how many of the taxes is congress ... |
|
 If I buy a Car in another State and bring it to mine, do I have to pay Tax? |
I am planning to buy a new car from a dealer in South Carolina, but I am a Florida resident... Do I have to pay tax ? Is there a benefit of doing so ?
T... |
|
 Can my husband do his taxes with mine without me knowing? |
I am doing my taxes next year with my husband next year, but i am affraid that he might do my taxes with him and keep the money, can he do this? the w-2 will arrive to our house... ????
A... |
|
 2 kids living with us,We sent proof to IRS, They rejected it ,parents in military? |
We sent school attendance records to IRS. We claimed them in 2006,stepfather claimed them in 2007 before we filed, he's in a differnt state, waiting for letter back from IRS With rejection
G... |
|
| Need to hire someone to do my taxes. Do I need a CPA? |
| Or is an accountant (with lots of tax experience) enough? A friend says if the preparer is not a CPA he cannot "sign off" if I get audited. But she could not explain exactly what she meant ... |
|
 Is there a set amount u receive for each dependent when claiming them on federal taxes? |
Additional Details
2 those who think that they r comedians go to a comic club. the reason i asked is because we just had ours done professionally and didn't get back what we ... |
|
 Is 25 hours a week at 7.00 an hour decent? |
| i was just wondering where i stand i have no bills i have to pay except insurance and 20 a week in gas im 16 and its my first job what do you guys think i just got my first aycheck today and i earned ... |
|
|  |
Cory | We have 3 people on are mortgage. Come tax time can I claim everything if they are cool with it? |
I make the most money so I think that would work out best. is that true?
Additional Details
our not are... and yes I am gonna split it with them. |
 |
 
prrfect
|
you would really need to discuss this with your tax consultant but if 3 seperate SS#s are on the mortgage then all 3 may need to claim during filing |
|
ninasgramma
 |
If you are fully responsible for the mortgage in case the others don't pay, then you can deduct all of the interest that you paid.
As for the real estate tax deduction, you can deduct up to the percentage of ownership you have, or the amount you paid, whichever is less. |
|
SaabGuy328
 |
No mortgage interest is only deductible based upon the actual interest you paid. If you were audited you would have to prove you paid all of the interest to be entitled to the deduction. |
|
Judy1
|
You can deduct whatever you actually paid, not necessarily the entire amount unless you made all of the payments. |
|
Dr. Deth
|
just give each person their agreed upon percentage of the interest and real estate taxes and be done with it |
|
Knightly
 |
You can only deduct what you actually paid. And you must be on the title as well as the mortgage.
In this kind of arrangement, each of you should be sending a cheque to the mortgage company each month. If all the money goes to one person and they send in the payment, it can look to the IRS like they are receiving rent. |
|
v b
|
If you own 1/3rd of the property and paid at least 1/3rd of the interest, then you get to deduct 1/3rd. Even if you paid all of it, you can't deduct more. |
|
yellow_tofu
|
yeah but then that would be bad for them bc they would lose money unless your planning on giving them a share of the money u make. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 16 minutes(s) ago
| | | |
8 | 30 minutes(s) ago
| | | |
7 | 31 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
