You buy a house in California. You agree that the seller can stay up to 2 months after escrow closes (a "seller rent-back") if they make your (PITI) payments. Do you need to pay income taxes on the money they pay toward your PITI? Also, what was your "seller rent-back" experience? [more inside]
posted by unclezeb on Sep 29, 2009 - 9 answers

My funds to pay my (large) tax bill might not clear into the account I transferred them to until April 16th or 17th. What can I do to prevent the IRS from getting angry that they can't do the desired electric withdrawal on the 15th itself, or my bank getting pissed that the IRS trying to withdraw funds that just aren't there (yet)? [more inside]
posted by lexfri on Apr 9, 2009 - 9 answers

TaxFilter: Any reason not to file IRS form 8832 for my LLC to be treated as a corp? Need to decide soon. [more inside]
posted by ellenaim on Mar 15, 2009 - 5 answers

Self-employment tax help for out-of-state web work [more inside]
posted by anonymous on Feb 24, 2009 - 9 answers

Explanation and advice needed on how to figure out taxes and withholding now that I'm married. [more inside]
posted by anonymous on Jan 6, 2009 - 7 answers

[Tax/Stock Filter:] Employee Stock Purchase Plan advice especially in re: taxation [more inside]
posted by jckll on Dec 11, 2008 - 5 answers

Investing 201: Given the economic news of late, If the value of my mutual funds drop and the interest rate of my debts go up would it be prudent to liquidate the mutual funds to pay off my debts or should I "stay the course" despite this? Financial details inside... [more inside]
posted by anonymous on Sep 29, 2008 - 8 answers

I'm Canadian. I was lazy, and forgot to file my tax returns for the three previous years. I also lost all of my T4 slips, and some of my work was done for companies that no longer exist. Am I up the creek without a paddle? [more inside]
posted by anonymous on Jul 17, 2008 - 7 answers

How do taxes work for a Canadian citizen producing creative content for an american publication? How about a Canadian providing 'e-training' to an American? [more inside]
posted by anonymous on May 26, 2008 - 6 answers

I think that the online tax service I used has messed up the New York State taxes for *anyone* who filed from New York City or Yonkers. Now what do I do? (sorry, long) [more inside]
posted by unknowncommand on Apr 27, 2008 - 8 answers

Posting for a friend: I just filed my Federal Tax extension at 12:00PM midnight. It said it got filed - did I make it? Also, I was not able to file any extension for State Tax in time for the deadline. What will happen and what should I do now?
posted by pinksoftsoap on Apr 15, 2008 - 9 answers

U.S. tax question: if I'll definitely be receiving a refund rather than paying tax, what will happen if I neither file nor file an extension by the end of the 15th? (Will it just mean that I won't receive my refund until I do file -- or will it mean a fine/fee that reduces my eventual refund?)
posted by lorimer on Apr 15, 2008 - 19 answers

Egads! Last-Minute-(US)Tax-Question-Filter: Can a person generally claim the "Qualified Payments" as listed on their 1098-T form (sent from the university in addition to a W-2) towards an education credit? Or only the amount that they themselves paid, rather than the amount that was paid on their behalf by the university as part of their whole assistantship package? [more inside]
posted by zeph on Apr 14, 2008 - 4 answers

Starting next month I will have a job in the state of Maryland. My permanent residence is in West Virginia (I own a house there, live in it, and my husband lives and works there), and I rent a flat in maryland during the week. My question: which state do I fill out a W2 for when I go to payroll? [more inside]
posted by media_itoku on Aug 10, 2007 - 8 answers

Quick survey: how much does your accountant charge to do your income tax? [more inside]
posted by GleepGlop on Jul 21, 2007 - 18 answers

My friend and I were having a discussion over acceptable marginal tax rates. I'm wondering where I would look to quickly find out how much of my income I would have to pay in state and federal taxes at different income levels. Is there a quick (online) way to figure this out? Exclude complications like stocks, marriage, other tax breaks, etc. If you want a specific salary, how much would I have to pay in taxes on a $100,000 salary? Thanks!
posted by JamesJD on Apr 23, 2007 - 6 answers

How do I calculate my foreign tax credit on my Canadian tax return? [more inside]
posted by antifuse on Mar 8, 2007 - 4 answers

I am an American working overseas for a year on a grant. It is my primary source of income, and there is no tax withheld from the grant. I am looking for advice on the best way to prepare for the tax situation I will face. [more inside]
posted by jeffmshaw on Jan 18, 2007 - 5 answers

Do I have to pay self-employment tax if I also work for someone else? [more inside]
posted by fvox13 on Mar 23, 2006 - 9 answers

Expat American hates money, inherits share of house, perhaps $100,000. Do I need an accountant, a lawyer or something else to advise? [more inside]
posted by planetkyoto on Dec 2, 2005 - 12 answers

Who should do my tax filing? The accountant who's done my taxes for the last 13 years? Or, should I give Turbo Tax a go? Last year the accountant charged me $450. Turbo Premier costs $69.95. [+] [more inside]
posted by pinkkitty on Dec 30, 2004 - 22 answers

What's a good site that outlines basic information and tips for filing a U.S. income tax return for the individual? I know about the one on Yahoo, and I'm looking for something along those lines.
posted by orange swan on Dec 8, 2004 - 3 answers

If one has a business that is registered as an LLC (with no partners-- just the one person) and if: the business location (office) is in one state, the owner lives in another state and most of the business (or clients) are in a third state in which state is state income tax due-- where the office is, the owner's residence or where the clients are?
posted by limitedpie on Aug 24, 2004 - 3 answers

How much money do you need to make in a year before you have to start paying Federal income tax? Is there a magic number below which they just let you off the hook?
posted by scarabic on Aug 15, 2004 - 8 answers