 Will this be the end of it? |
| Yesterday I got a notice from the IRS, It said I made a mistake for 2005, and I still owe $800.00. I have 30 days to pay if I agree with this.
I fully intend to pay this ASAP, But will this be ... |
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 I have a home based business? |
| I am filing taxes (<-for a tax return) for my business. I only have a receipt book to prove the sales I made. Will I need anymore "paperwork" when I go to file my taxes? I only made 6800.... |
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 what do i need to do to prepare for paying my taxes? do i just need to wait until my w-2 comes in, then go? |
| from there? how simple is paying taxes?
sorry for the questions. i am a worrier who think i will go to jail for not paying taxes (even though i plan on paying them).... |
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 I'm doing my taxes and have a question about GainsKeeper. I day traded and what is the difference between |
| What is the difference between 2006 Realized Book Capital Gains & Losses and 2006 Realized Capital Gain & Loses? My Book is about 9k less than the other. Which one do I import into turbo ... |
|
 I am a student-- if I buy a laptop, what does it mean if I can "write it off" in taxes? |
| I live in Canada. I was thinking of getting a laptop. One of my friends said I will get back the money in taxes if I "write it off" as an educational expense. Yes, it will be used just for ... |
|
 How can I turn my profit into income? |
| Ok. Im not a dealer but in CA you can sell 3 cars a year without having to have a lisence. So Im wondering, how do I claim the profit I make off of these cars, as income?... |
|
 Mortgage / Property Tax Credit - Not on Loan? |
| My father passed away a few years ago. Since then, I've been paying for my mother's mortgage and property tax. My mom's yearly income is less than the sum of her property related ... |
|
 Unemployment Insurance for State of Iliinois...? |
| Never used it before wondering what happens if you do use it. Is it true that you have to pay back all the money they give you when you file taxes next yr? I've heard it really messes up your ... |
|
 Should be scrap the IRS and the Federal Income Tax? |
| The amount of money collected from private individuals through the Federal Income Tax is about the same amount as the INTEREST on the debt. If we weren't deficit spending, we wouldn't even ... |
|
 Independant contractor tax question...? |
| Can my taxes be dealt with separtely than my husband's? As an independant contractor, I keep my own receipts, etc., and plan to pay my taxes quarterly. Do I have to deal with my husband's ... |
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| Wouldn't a flat tax take $1000 from a person who made $10,000 a year? |
| Then he would have $9,000 left to live on. The millionaire would have $900,000 left to LIVE on!!! The billionaire would have $900,000,000 left TO LIVE ON. What would these rich people care???... |
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 do you believe in the equal sacrifice theroy of taxation? |
| in other words if a poor family makes 10k a year and the tax rate is 10% then they would pay $1000. If a rich person makes 10 million a year they would pay $100,000.
oops, typo'ed the number. ... |
|
 W-4 help...? |
| I'm fourteen, and this summer I'm working as a counselor at a local summer camp. This is my first time officially working. I'm a bit confused about the W-4 paper. It has to do with tax ... |
|
 whats the difference btwn a 1040ez and 1040? diff btwn I-150 and I-201? |
| 2 yrs ago my accountant filed my taxes with a 1040ez and a I-150, i actually got a tax refund! Now this yr she filed a 1040 and I-201 instead, and i got nothing back!
Whats the diff? Why didnt I ... |
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cprucka | how much taxes do they take off for gaming? |
i mean I have been gambling in the casinos. I know I can get a profit and loss statement from the casin's. I was just wondering how much they allowed you to loose before you can take it off your taxes? |
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MukatA
 |
You must include all your gambling winnings in income on Form 1040, line 21.
If you itemize your deductions on Schedule A (Form 1040), you can deduct gambling losses you had during the year, but only up to the amount of your winnings. |
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wartz
|
You can deduct 100% of your losses up to the amount of your winnings as an itemized deduction. You must itemize. If you use standard deduction, you deduct zero. |
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bostonianinmo
 |
You must claim ALL winnings as income on your return. If you keep accurate records of ALL of your gambling activity you can deduct your losses up to the amount of your winnings if you itemize your deductions.
You do NOT "net out" your winnings and claim that. You MUST claim ALL winnings on line 21 of your Form 1040 tax return. |
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