Archive for February, 2009
Im Having tax refund issues but why?
destinycastanon08 asked: I received a letter from the irs this is what it reads….We have received your tax return and it is being reviewed. You will receive a notice from us requesting additional information from you. When you receive the notice, please provide the requested information within 30 days. You may not receive all or [...]
What tax deductions do I have as a makeup artist?
Spendelicious27 asked: I’m not having too much luck researching on the internet what tax deductions are used by makeup artists. Any tips or idea where I can find this information other than the obvious (tax preparer)? Thanks in advance
I am 1099. I am just interested in knowing the categories that are legit and available [...]
Will the tax stimulus check reduce my income tax refund that we will get next year?
applecrisp asked: If we normally get about 5000 dollars in a tax refund will we get 1200 less next year? I have read both yes and no. I know in years past this has been the case that it has reduced the amount of our tax refund when we fill the next year.
Sale of Property Tax Issues?
Joe Ski asked: Selling land (4 partners) and I will have a gain of $400,000 out of S-Corp. The total gain of the sale is $1,600,000 in the S-Corp. Is there a better way to take the payout then in a lump sum?
Tax Issues?
Gigs asked: Without going into too much detail, I filled out my tax info at TurboTax’s free site and it claims that I will owe 380 dollars. I grossed about 30,000 dollars and paid over 3000 dollars intrest on student loans. How can I possibly owe the IRS? Any other good, cheap ways to file?
What tax form do I use to file my taxes if I had a pay out from a pension plan?
cat21159 asked: Before I left my previous job, I got money from the companies pension plan. I need to know what tax form to use. I have been using 1040ez.
How can I reduce the tax I have to pay for the dividends I received in 2006 from stocks?Catch up on IRA?
Susan Lee asked: Instead of re-investing the dividends in the stock I have, I requested and got them to pay me the dividends to supplement my income. I took early retirement and worked part-time in 2006. I did not put any money into IRA for 2006. In my parttime job, I had [...]
Can taxes from my groceries receipts be included when I file my tax?
wise investment asked: I heard from other people that they itemized all the receipts from groceries and other items that has taxes on them and they include this when they file their tax. They don’t own businesses so I don’t get how they can do this. Is there a separate form that I can fill [...]
How can I compare my current tax exempt salary and benefits to job offers back in the States?
jpollar asked: I am trying to find out a way to compare my current NET income to what I could potentially NET back home. All of the salary comparison websites do not accurately calculate my tax exemption status and cost of living (lower) here in Germany.
My guess is that I’ll need to almost double my [...]
