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Can I get a free computer by doing my taxes right?

My roommate told me I can buy a computer and get a full refund on my taxes because I'm a student. Is this true, or partially true, or complete B.S.? [more inside]
posted by DoubleLune on Sep 25, 2011 - 10 answers

How to avoid import taxes on a parcel from the US to the UK.

How to avoid import taxes on a parcel from the US to the UK. [more inside]
posted by rinsemedown on Sep 15, 2011 - 12 answers

Estimated Self-Employment Tax

I am trying to learn more/understand better my new tax situation as an independent consultant, and was hoping someone could help me with the following questions: 1. How do I compute my Net Earnings From Self-Employment (NESE)? What calculation is used? 2. Since I am excluded from Federal and State tax (my tax domicile is TX) for my foreign-earned income amount (I estimate it would be $87,500 for 2011) - can you break down how I can get the estimated tax payment amount for 2011? [more inside]
posted by bbhart113 on Sep 10, 2011 - 7 answers

US Tax Law Change for Americans Living Abroad

As a US citizen, living and working abroad for many years, I recently heard of a new law that I must file tax returns on the US by Aug 31, 2011 or face a penalty. Anyone know about this? If US citizens live and pay taxes abroad, they generally are exempt up to $91,500.
posted by foxinsocks on Aug 27, 2011 - 9 answers

Nanny Tax and Schedule H

Paying Nanny Tax by Schedule H of the 1040. [more inside]
posted by alcahofa on Aug 27, 2011 - 1 answer

CPA / Accountant / Lawyer with Tax please!

Accounting/Law Filter - How to study Tax Law? and other accounting courses? [more inside]
posted by iNfo.Pump on Aug 25, 2011 - 1 answer

Am I screwed?

I moved to Canada in 2008, but I haven't paid US taxes for the past three years. How much trouble am I in? [more inside]
posted by anonymous on Aug 16, 2011 - 9 answers

Which is worse - less savings or more debt?

Should I cash out my IRA to significantly reduce my credit card debt? [more inside]
posted by anonymous on Jul 27, 2011 - 12 answers

Is it worth forming an LLC and in which state?

I'd been wanting to form a corporaton for a long time. So many benefits it seems:
  • track business expenses for income-tax deductions
  • protect assets against law-suits
  • gain credibility for certain transactions
  • privacy
  • But all the gory details are getting me down... [more inside]
    posted by markhu on Jul 18, 2011 - 20 answers

    Does filing a 1040x (amended return) increase your chances of being audited?

    Does filing a 1040x (amended return) increase your chances of being audited? [more inside]
    posted by gibbsjd77 on Jul 16, 2011 - 10 answers

    Procedure of paying late tax d'habitation in France?

    How do you pay delayed tax d'habitation in Paris, France? [more inside]
    posted by snufkin5 on Jul 10, 2011 - 5 answers

    Goods for Goods? Taxable event?

    Capital Gains on Precious Metals exchanged for Goods and Services? I own Platinum, Gold, and Silver physical coins, bars, etc. and know my cost basis for all purchases and have not sold any. Let's say rather than sell them back to a coin dealer or other similar entity, I exchange gold or silver or platinum for a service or good or something other than currency, what are the tax implications? [more inside]
    posted by Rafaelloello on Jun 28, 2011 - 8 answers

    What are some good allowable tax deductions under $1000 in Australia?

    I have a small home based computer business in Australia and need some allowable tax deductions. I understand that assets such as office furniture, plant & equipment are immediately tax deductible (don't need to be depreciated) if they're under $1,000. What are some things I could buy for my home office to reduce my tax? Thanks in advance
    posted by Bacillus on Jun 26, 2011 - 6 answers

    Taxed too many times

    Why am I/things taxed so much? [more inside]
    posted by penguinkeys on Jun 9, 2011 - 47 answers

    Web? O, Bob, ew!

    First Ecommerce site: What considerations do I have for sales to other countries? (tax, censorship, ??) Or am I overthinking this? [more inside]
    posted by msalt on Jun 1, 2011 - 2 answers

    What are the legal things you have to do to buy a 2ndhand car off a mate?

    We're about to buy a car and we're clueless. Insurance, tax, transfer of ownership, DVLA, WTF? What do we have to do to make it legal for my husband to drive this car away from a friends house on Sunday? In particular - how do we insure a car we don't officially own yet? [more inside]
    posted by handee on May 12, 2011 - 4 answers

    Expat tax returns

    Testing your powers of deduction (groan).... do you know a US based accountant who is proficient with foreign income, or an Australian accountant proficient in US returns? [more inside]
    posted by Trivia Newton John on May 7, 2011 - 1 answer

    Donate to an individual, receive a tax-deduction?

    How can a family who's child has Leukemia collect money, and give tax deductions to donors? [more inside]
    posted by punkbitch on May 5, 2011 - 11 answers

    When do I file my 1040X?

    I just realized I made a mistake on my NJ state income tax return *after* I e-filed it with TurboTax. The mistake turns my refund into a payment. Should I wait until the incorrect refund clears and then file a 1040X, or just file the 1040X immediately? [more inside]
    posted by fennokin on Apr 18, 2011 - 9 answers

    Taxes Taxes Taxes - What Do They Want From Us?

    You Are Not My Employer's Accountant: My W-2 this year has an entry in Box 18, which is preventing me from e-filing because Boxes 19 and 20 are (correctly) blank. There's a mistake here somewhere... but where? [more inside]
    posted by Devoidoid on Apr 16, 2011 - 2 answers

    YANMAccountant... but do I need one?

    My 2010 was the first complicated tax year I've had- bought a house, and wondering whether the HR Block online filing is still sufficient, or if I'll need and want a professional- and if so, where to find a good one in the Capitol Hill/Seattle area this weekend. [more inside]
    posted by hincandenza on Apr 15, 2011 - 15 answers

    Really Remarkably Simple Problem: Randomination Rather Seems Puzzled

    Canada tax: Question about timing of RRSP contributions. Did we mess up? [more inside]
    posted by randomination on Apr 11, 2011 - 6 answers

    Looking for a Quebec-based, bilingual tax lawyer/accountant

    I need an effective and bilingual Quebec-based tax lawyer/accountant to deal with my friends at Revenu Quebec. [more inside]
    posted by docgonzo on Apr 5, 2011 - 4 answers

    Taxing carbon?

    The Australian government is working out the details for a tax on carbon. Where will the money raised in this tax go? What will it be used for? [more inside]
    posted by robotot on Apr 2, 2011 - 8 answers

    I own a house, and live with family members. I want to rent an apt closer to work. Will mortgage interest still be tax deductible?

    I own a house, and live with family members. I want to rent an apt closer to work. Will mortgage interest still be tax deductible? [more inside]
    posted by elif on Mar 31, 2011 - 4 answers

    The tax benefits of RRSP loans

    Canada Tax Filter: Since interest on investment loans is tax deductible, does that mean you could deduct the interest on an RRSP loan as well? [more inside]
    posted by blue_beetle on Mar 31, 2011 - 1 answer

    Does one have any recourse against a New York State income execution for taxes

    Does one have any recourse against a New York State income execution for taxes? Can the person get it reduced or fight in any way? [more inside]
    posted by StUdIoGeEk on Mar 29, 2011 - 6 answers

    What the--?

    ID theft? I received a W2 from a company I've never heard of. [more inside]
    posted by scottatdrake on Mar 29, 2011 - 8 answers

    Do I claim rent in Ontario when the reported income clearly could never have covered it?

    I am filing tax returns for a number of prior years. One of those years was spent renting an apartment, but having almost no income whatsoever to claim. Rent was paid through a variety of means (read: help from parents). It was one of those years. Do I claim the rent paid? [more inside]
    posted by tapesonthefloor on Mar 26, 2011 - 10 answers

    Employee Shouldering Cost of Payroll Mistake?

    A friend's employer's payroll company has been incorrectly filing her payroll taxes by subtracting her healthcare costs after taxes, causing her to pay more income tax than necessary. Her boss has said she is out of luck, is there anything she can do? [more inside]
    posted by anonymous on Mar 25, 2011 - 14 answers

    Tax debt: which way to jump?

    Canada tax arrears: would bankruptcy help? [more inside]
    posted by anonymous on Mar 15, 2011 - 2 answers

    tax lawyer in NJ NY?

    Tax Lawyer in NJ/NY area? [more inside]
    posted by anonymous on Mar 14, 2011 - 1 answer

    How do I obtain and fill out form ST-1?

    Please help me navigate getting setup to collect Illinois Sales Tax for my new ecommerce site. I feel like I am continually trying to push open a door that says "Pull." [more inside]
    posted by Elminster24 on Mar 10, 2011 - 3 answers

    Can I lower my tax liability while being claimed as a dependent?

    Can I lower my tax liability while still being claimed as a dependent? [more inside]
    posted by Nonsteroidal Anti-Inflammatory Drug on Mar 5, 2011 - 6 answers

    Economics for Dummies

    How much does the corporate tax rate really affect jobs? [more inside]
    posted by jpdoane on Feb 28, 2011 - 14 answers

    Sales tax collecting?

    In business - Is it true that if you pay sales tax on your materials you do not have to charge to your customers? [more inside]
    posted by Snackpants on Feb 26, 2011 - 8 answers

    need professional help with tax debt in Toronto

    I'm looking for professional help with settling an old tax debt. I would like to know what kind of professional I should be looking for and recommendations for an individual or firm in Toronto would be most helpful. [more inside]
    posted by Occam's Aubergine on Feb 7, 2011 - 5 answers

    Legal set-up for a commune in Canada?

    Legal set-up for a commune in Canada? [more inside]
    posted by Meatbomb on Feb 5, 2011 - 13 answers

    What sort of pro can help us manage inheritance across US and UK?

    Unexpected inheritance of $100,000 - $150,000 complicated by move from the US to the UK in the next year. My wife and I have never dealt with financial matters beyond credit cards and a moderate paycheck before, who do we talk to in Los Angeles/Southern California to make sure we don't screw this up? [more inside]
    posted by anonymous on Feb 1, 2011 - 18 answers

    Do I have to file state tax just because my company is based there?

    State Tax Question: I live in Florida (no state tax) full-time, year round; the company I work for is based in North Carolina (state tax); I work in Florida in a home office set up by the company (co-workers home) year-round. NC State Tax is being deducted from my paycheck; is this correct? [more inside]
    posted by MrBCID on Jan 30, 2011 - 9 answers

    I'd like to do a little reading first, then talk to the professional.

    Career moves and taxes question: Need recommendations for resources that I can read to help me understand how my tax situation changes a) due to career-related educational expenses and b) when I start consulting. Also need a CPA in Chicago who will help me sort through these issues. [more inside]
    posted by Tehhund on Jan 28, 2011 - 1 answer

    How to verify Reagan's high income tax rates on the rich?

    How can I verify that Reagan's income tax on the rich was 50%, whereas nowadays the income tax on the rich is only 35%? [more inside]
    posted by Eiwalker on Jan 19, 2011 - 13 answers

    Help me understand how much of my hard earned £/$/€ ends up as tax

    Is there a known term / theory for describing (and maybe even calculating) how much of gross income ends up as tax? [more inside]
    posted by nofunnyname on Jan 19, 2011 - 6 answers

    This is tax evasion, right?

    Help me prevent my step-brother from committing tax evasion/fraud. [more inside]
    posted by anonymous on Jan 17, 2011 - 14 answers

    Recommendations for online tax softare.

    Doing taxes in the cloud--it sounds so dreamy that way. [more inside]
    posted by IvyMike on Jan 9, 2011 - 12 answers

    pick a tax form, any tax form

    How do I file taxes? [more inside]
    posted by lover on Jan 8, 2011 - 14 answers

    Help me figure out of tax burden, Please.

    Can I take a business loss if I sell my business and the buyer doesn't pay? [more inside]
    posted by Thrillhouse on Dec 31, 2010 - 3 answers

    Tiny Business Taxes for Software Sold

    How should I be reporting Google Checkout and PayPal Express Checkout income and expenses to the IRS in 2011 for the 2010 tax year? [more inside]
    posted by alan on Dec 29, 2010 - 9 answers

    How do you know how much a company like UPS will charge for delivery?

    How do you know if a delivery company like UPS or Purolator will charge you for delivering something? [more inside]
    posted by Joseppi on Dec 22, 2010 - 10 answers

    Can I avoid paying hefty fees and interest on my late tax bill?

    Can I avoid paying hefty fees and interest on my late tax bill? [more inside]
    posted by anonymous on Dec 20, 2010 - 3 answers

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