What is the best financial/tax situation for us? Kid on way, financial aid eligibility concerns. [more inside]
Any Canadian graduate students at an American university to help clear this mess up? According to other CDN graduate students and a previous MeFi post we're not to be taxed on our stipends by Canada. However, despite much letter writing and form filling (i.e. form NR73) the Canadian Revenue Agency insists that I file my taxes. So what exactly did you do to get free of them? [more inside]
Will opening a Solo 401(k) before year's end reduce my modified adjusted gross income (MAGI)? I'm a 28-year-old freelance worker with a sole proprietorship, and I'd like to be able to fully fund my Roth IRA for 2008 [more inside]
As an American employer paying foreign freelancers doing work in their home countries abroad, do I have to withhold US taxes or require my freelancers to file US tax paperwork, etc.? [more inside]
A father dies. There is a pension and 2 children. Only one person can be named beneficiary. How do you handle the taxes? [more inside]
Has someone previously cut through the thicket of regulations pertaining to hiring domestic help? Social Security? Federal withholding? State withholding? Arrrgh! I'm in Ohio. [more inside]
(TaxErrorFilter) I just received a letter in the mail stating my 2006 tax return is flawed and now I owe about $3600 to the government. Is there any way to fight this? [more inside]
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]
I need ideas for creative (and cheap) party favors for a "Death & Taxes" party I'm hosting early in June! [more inside]
Is it true that if you have a business in New Hampshire or Nevada, there are less (or no) taxes than in California. Are other states like this, if so, which ones? Share your experience or direct me to a succinct, layperson site to understanding this. Thanks.
I won a trip in a drawing. I have questions about the tax implications of accepting the prize. [more inside]
I'm a US citizen, while my wife is from Canada, and is in the US on a K3 visa while we work on getting her Green Card. The downside of this is that until she gets either that Green Card or a work permit, she can't be employed in the US. I filed my taxes as "Married Filing Jointly," and was informed that because she has an Individual Taxpayer Identification Number, rather than a Social Security Number, I would not be getting my "Economic Stimulus (Bush Bribe)" check. Does anyone understand the rationale here? Why does her status preclude my receiving my payment?
I need to better understand the proposed tax systems. Mainly the fair tax or sales tax versus an income tax. I am writing a paper for school on the viewpoints of TTARA (The Texas Taxpayers and Research Ass.) and CTJ (citizens for tax justice) but cannot gain a clear idea of what each side is proposing. Obviously the republicans want the fair tax, and since TTARA is business minded, I assume they too seek the fair tax, or at least support it. But what is the Dem idea of fair taxation? Do they want an income tax? What is all this talk on CTJ about income tax cuts? I don’t have the patience to sift through all the material so I'm hoping someone can give me a basic idea of the differing positions on the matter. Mainly answer the question of who wants what and why, and who benefits most from each plan.... Also what about the working poor, do they benefit most from an income tax? Etc. Etc.
Bean-counterFilter: How do I find an accountant? I'd ask around, but we have special needs.... [more inside]
I have never filed my taxes in Ontario, Canada before. Are there any benefits to doing so even if I have no income to declare?
Where should I go to have my taxes done in Toronto (today!)? [more inside]
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]
Can someone help me figure out this snippet from an article on our sense of fairness and taxes? [more inside]
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?
I should've sorted this out ages ago but ... care to answer a last minute US tax/education credit question?
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]
TaxFilter: Student abroad (moved in August), and don't want to get red flagged/audited due to sudden drop in income! How do I tell the IRS I moved? [more inside]
If I file my federal taxes on time, but pay late, will it affect the timing of my 2008 rebate? What do I need to do to pay the taxes late? [more inside]
So I've already filed my tax returns for 2007. But I won't have the money to pay my April 15th taxes until next month. How badly will this hurt me? [more inside]
Strips-Tint-US Treasury (bonds)... I need to know the original cost/adjusted basis for reference number: XXXXXXXXX and XXXXXXXXX. What is my tax person asking? How do I get this info? Google has failed me.
What date acquired and cost basis should I put for two items reported on a 1099-B, when there are several unknowns? [more inside]
Help me create a template for determining when I should DIY or not. [more inside]
How does a Harvard postdoc file taxes? [more inside]
What are the UK legal system rules and regulations around storing financial, legal and official paperwork as scanned digital copies? [more inside]
I inherited a proportional share (a third or a half, usually) of several small IRA accounts last March. I have yet to actually claim these inheritances or do rollovers for them, so technically they're still under the name of the decedent. Do I have any tax obligations for these for 2007? Does the decedent (meaning do I have to do anything for the decedent's 2007 return)?
Questions about handling income from housemates and home office deductions. [more inside]
Say you report a charitable donation on your taxes, and then, a few years later, you get the organization to give you your money back. How do you report the refund? [more inside]
I am a Canadian who worked for two months in the NJ last year. How do I sort out my taxes in the US? [more inside]
I'm an arts and entertainment writer for a blog, and I also do freelance writing for a number of newspapers and magazines. I cover movies, art, TV, music, theater, and video games. What kinds of things can I write off on my taxes? [more inside]
I’m a writer who is spending more and more time in Los Angeles for work. I live in Florida, and am a Florida resident. My question is this: If I rent a place in LA, because I am spending roughly half of my time there, what deductions can I take advantage of? [more inside]
I want to buy my first house AND not owe any Federal taxes for 2007...Traditional IRA Perhaps? [more inside]
TaxRebateFilter: I have searched and cannot find a concrete answer. Married, separated for over a year but no legal agreement. Do we need to file jointly to get Mr. Bush's rebate? The reason this is anonymous inside [more inside]
StartupFilter: Payroll processing co or part-time bookkeeper for SF Bay Area co? [more inside]
Taxes: Should I claim this freelance I did last year? [more inside]
Help! I incorrectly filled out my W-4! I'm in the process of rectifying this, but what happens after the fact? [more inside]
Getting the taxes done, and trying to figure out the real deal about whether my 2007 move passes muster for deductibility. The distance and time tests are no problem, but thanks to the ultra-soft local real estate market, the length of time it took to sell the old house (16.5 months) puts us outside the IRS's one-year (limit? guideline?) to count as "closely related in time." Can I still get some deduction love? [more inside]
Husband's boss did his taxes. I'm not convinced they've been done correctly. [more inside]
What is the proper way, in terms of accounting and tax laws, for my small business to pay an independent contractor who is an Israeli citizen in the US on a student visa? [more inside]
How do I bust my employer for TAX FRAUD? [more inside]
Nevermind that I should have backed up or have them on hand somewhere in a filing cabinet. How can I get a copy of my 2006 tax return on the quick, and on the cheap?
I sent out my taxes (for the first time MONTHS early) and sent them Certified Mail (upon the recommendation of an accountant) for the first time as well. I got the little green card back for the State Taxes but I never got one for my Federal Taxes. Does this mean that my Federal Tax return was lost in the mail? How do I go about verifying if my tax return was lost? Can I send them a copy? What do I do?
TaxFilter: I work in VA and live in NC. My state taxes are already a nightmare... [more inside]
Can you recommend a CPA in Portland, Oregon? [more inside]
What info is there on this $800 tax refund for people who made less than 70,000 in 2007? If you have any links or info, I'd love to know!
CanadianTaxesFilter: Can I legally claim some of my debt as an "investment expense" if I give up my second job to focus on my business? [more inside]