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 Getting screwed by the I.R.S. help?
2001 i owed 1k , 2002 owed 3k and 2005 owed 1k. did not recieve my first letter until 2004 stating i owed. have been recieving letters requesting payment in amount of 10k as of january 07'. rec&...


 Stimilus check question... please help!!!?
When I go to the status thing on the website for the IRS it says how much our rebate is and when it is supposed to be deposited, but it also says at the bottom, please note, you may receive some or ...


 Tax return question. What should I enter in this field?
It says "Enter the amount of any tax year 2006 state or local income tax refunds:"
I don't understand this, would someone explain this to me in normal human language....


 Is it bad 2 say this person isnt here n gettin $$ for this person ??????????
can any1 get in trouble 4 doin this ???????????
Additional Details
takin $$ that this person isnt here dont live here n never will but but im not cashin it im just sendin it out n ...


 Who gets the Stimulus Payments check?
i did my taxes this year its me and a baby . im single and head of household with one child. how much should i get back?...


 If I dont like the results when I do my own taxes, is it worth it to pay a professional to do them ?
...


 I am an NRI & my wife is a house wife. The interest earned on Fixed deposit is taxable. she is a house wife?
She had a FD of approx. 780,000.00 for around 5 - 6 FD. is the interest earned on FD is taxable. she had no other income & house wife She don't have a PAN card also....


 Is there any tax rebate on car loan?
Is there any tax rebate on car loan?...


 Where should i invest my earned money for saving income tax ? My income is 8 lacs per annum.?
...


 Council tax?
we want to move somewhere for 6 months and so only want to pay it for that long, and then after that we might go abroad. Do you have to pay for whole year (cant see why as it would be unfair) or is ...


 I receive an email from uk lott company saying that Iwon could that be true?
...


 Can I deduct credit card interest for money deposited into a MM account?
If I take a credit card cash advance and deposit this money into a money market account, is the interest on this credit card debt deductable on federal taxes? I have an unique credit card offer that ...


 What if I'm behind and can't pay my June 15 quarterly tax payment and instead pay in August after I catch up?
Will there be fees? Grace period? Please help!...


 Does anyone know how to file form 1041?
...


 I think I am getting too much back?
I filed on Turbo-tax. I made around $7800. I paid in $414. Somehow Turbo-tax says I'm gettin back $774. Is there maybe some tax credit that was applied automatically by turbo-tax? Did I ...


 Is there another way to get a tax refund other than going through H & R block?
...


 Is 991.00 too much for tax prepare?
I apply for the RAL with HSBC at a tax place, and I called today to check and see how was myy IRS Refund $5,264.00, but I got my check with fees taken out it was $4,272.46 as you can see that is ...


 We bought a house, and are remodeling it. What and how much of the remodeling expenses are tax deductible?
...


 How safe is www.taxact.com? The y are supposed to to help prepare tax for free.?
or better still does anyone know where i can file taxes for free in south florida?...


 Why haven't I gotten my direct deposit from the government yet my last 2 SS# is 12?
Iheard lots of people got theirs Monday but here it is Friday night and still no $600 for ...



sathya
What it is the tax limit for female employee?
                     
 




N.J.Reddy
Rating
Employee or any body the tax limits for this financial year 2007-08 (Assessment year 2007-08) from 1.4.2007 to 31.3.2008 are:

1,10,000 for HUF (Last year it was 1 lakh)
1,10,000 for Male <65 years (Last year it was 1 lakh)
1,45,000 for Female <65 years (last year it was 1.35 Lakhs)
1,95,000 for Seniour Citizens >65 years. (Last year 1.85 lakhs)


Kiran P
Rating
no variation for male and female


sandeep
Rating
same for both


canam
Rating
same limit for male and female.


MAHI
Rating
its 1.35 lacs for female employees.
For males its 1 lac.
i mean you can save your tax till this amount.after that the same thing gets applied for both genders.


SHAIK
According to Income Tax Act, first Rs.1,35,000.00 is not taxable if the assessee is a women. If she is a senior citizen then first Rs. 1,85,000.00 is not raxable.


Princess
Rating
1,45,000
for Female with age less than 65 years (last year it was 1.35 Lakhs)
1,95,000
for female with age greater than 65 years. (Last year 1.85 lakhs)


chaksanand
Rating
135000


lekhraj_gupta
Rating
For individual the basic tax exemption limits for this financial year from 01.04.2007 to 31.03.2008 (Assessment year 2007-08) are:

For Male less then 65 years - Rs. 110000.00
For Female less then 65 years - Rs. 145000.00
For Senior Citizens (Male or Female) greater then 65 years - Rs.195000.00

Whether they are employed or self employed or businessmen or income from any other source the tax limit is same for all.


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