Archive for the "Taxes" Category

11
Mar

will they take me taxes too?
Answer: After you get married and file a tax return,file married filing joint. You can file an 8379 for hurt spouse. This will separate the refund in respect to your portion of the deductions and income. This way you will not lose credits that are disallowed […]

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11
Mar

I paid into a partnership in 2007 and made a few thousand dollars. But I didn’t get the Schedule K until Late in 2008. So I could not deduct any business expenses, nor could I claim any income becasue I really and truelly didn’t receive the Schedule k-1 until after my […]

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10
Mar

I live in NY and just got a tax statement saying that the amount due by April 1st is $5,612.00. These taxes are up to date. Now what I am trying to figure out is how much in taxes I will owe when I sell this property which I’m working on. If the $5,612 is […]

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10
Mar

Albert, age 57, leased a home for one year in Denver with an option to purchase as his personal residence. At the end of the lease, he bought the house. He lived there for an additional 25 months before his employer transferred him to Tucson. Expecting to be in Tucson for 18 to 24 months, […]

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10
Mar

Hi,
We purchased a house on April 29, 2008, qualified for and claimed the 7,500 credit. Does this credit count as income for 2009? I haven't been able to find any information regarding this on the IRS website.
Please cite source of information. I'm not looking for best guesses, but rather actual information (preferably from the IRS […]

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10
Mar

If I purchase the basic H&R Block package, will I get the option to e-file an Injured Spouse Form 8379 with my Federal return?
Answer: Yes, you can efile it with your original tax submission.
However, I don't believe the software will necessarily prompt you to fill out the form. Before hitting submit for your tax […]

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9
Mar

When did the federal withhold table change for 2009? My payroll federal withholding was reduced from paychecks processed in February and paychecks processed in March (Also happened to other business paychecks I process).If you guys have a link on the new withholding tables can you give me a post, I can't seem to find it […]

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9
Mar

Indirect taxes usually refers to taxes you pay that are included in products or services you purchase. For instance; If you buy an article of clothing, included in the price is the taxes the manufacturer paid, the cost of transportation, the taxes paid by the store you purchased it from and so on.
Lee, Enrolled […]

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9
Mar

My mothers restauarnt has been doing quite well, often so busy its overwhelming. However, twice a month she’s being charged taxes, state and federal, medicaid, social security etc and it amounts to almost a thousand dollars a month. Combine that with payroll, rent, groceries, and all the other expenses it is draining her bank account […]

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9
Mar

i am sending in my state taxes tomorrow.
how much does it cost?
like how much is postage currently to send a letter in a standard size envelope???
Answer: The present postage rate for one once of weight is 42cents. With the envelope and up to three 8X11 pages should not cost more than the 42 cents for […]

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