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 Question regarding Taxes?
When are we supposed to get our W2 Forms back from our employee's?? Is it by the end of January? And if done online it only takes about 7-10 days to get back to you?Correct?...


 My mom won $5000 and I signed for it because she didnt have her ID?
So, will this hurt me on my taxes. I only made like 1500 this year because Im a student, so what is this going to do oh and i have a daughter that i will be ...


 Will my fiance and I have to pay more in taxes if we get married?
We live in NYC and each make about $65-70 a year. We have each been in the 30% bracket roughly. I have some friends who have been just raped by taxes after getting married. One couple we know were ...


 Do quarterly tax payments have to be postmarked by 12/31 or received by 12/31 to be deductible in 2007?
State quarterly tax payments, deductible on federal return....


 Earned Income Credit tax question?
my daughter and her son are my earned income credit because she is under 18 and both of them are living in my house and she makes way under around 4 or 5 thousand a year. My question is can my ...


 Its that time of the year again and I have a question on tax, how much do you think i will pay in federal tax?
if me and my wife made 70, 000? we have two ...


 Federal tax?
On my paystubs for my job next to federal tax withheld it says 0.00. Aren't they supposed to take that out? Would that hurt me when it comes to my Income tax? I haven't been at this job ...


 self employment & taxes?
i was self employed part of the yr. and was paid cash....can i claim the income w/o receipts? what about expenses? i don't have all of my receipts. how does this work? i did deposit some...but ...


 Tax Question??
I'm a single mother with a 6yr old boy. I have made about $26,000 in 2007 any idea of how much I should be getting back during tax time?? I had no child care expenses to claim this last year. A...


 When I file my income taxes for 2007, how do I let the IRS know that I borrowed money from my parents?
to help pay the bills, even though I havent been working for the past 7-8 months? Will they question where and how I got the money? I just dont want to be questioned by the IRS or have to pay a big ...


 I work for someone who did not take taxes out on me and will send me a 1099.....?
but they overstated my income by a large sum. I made a substantially less amount than stated on the 1099. What should I do? Jeff, I was told what, when and how to do the job specifics. I was paid an ...


 Over contributed in my IRA?
What happens if you put more money in your IRA than you make?...


 Taxes return?
is it true that someone who has a part time job and earns $550 monthly(net amount) can get an amount of the taxes, they took from the paychecks, at the end of the year? how much?...


 Do you think a man is head of the household in 2007? On income tax?
What % are mothers with children?...


 What is the customs tax of good from US to PHP?
Bringing a polygraph machine for business use from the US (worth $5K) to the PHP. Is this tax exempted? If not, what will customs charge?...


 Corp 2006 payroll taxes?
Thank you much for all the great answers I posted today, Is awesome!!! are Payroll taxes that paid in 2007 for the yr of 2006 can be deducted from 2007 taxes ?...


 CA Sales tax? Refundable or deductible?
I collect any receipt that has sales tax, and it's becoming a mess. Are these actually worth anything? If they are, how are they redeemed?...


 Taxes?????
I am wanting to claim 60,000 in total earnings. I was wondering how much I would have to pay in. I am not head of household I go to school, I have one child, and I live in Indiana. I want to know an ...


 I had applied for PAN card but it says the status is "under proces"?
I had applied for PAN card on the 19th Feb,2007 but even now the status is "under process".I didnt pay attention to it for this whole while but now tht the IT returns need to be filed , I ...


 Home Tax Help?
How much tax will i have to pay on a 2.2 million dollar home? i am buying a home in the florida keys. and i need to know how much tax i will be paying for a 2.2 million dollor home....



VVV
Exceeded Flex Benefits allowance?
I have a flex benefits plan at work, Section 125....I under estimated my medical / dental expenses by about $1000. Is there a way I can still deduct these? I do not itemize.
                 




   
 




Judy
The excess over what your FSA covers is an eligible medical expense. But to deduct medical expenses, you have to itemize, and can only include the portion of your medical expenses that exceeds 7.5% of your adjusted gross income. If you don't itemize, then no, there's no way to deduct these.


kNOTaLIAwyR
Rating
/ Yes, you can deduct medical expenses which are not covered by the Flex account. You can not deduct anything which was covered by the Flex account because the Flex account itself is the deduction.


bostonianinmo
Rating
Unless your plan allows you to make a "top up" contribution by the end of the year, there's no way you can get any tax benefit unless you itemize. I've never seen a plan that allows that and frankly don't know if it's even legal.


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