Archive for February, 2009

 

When filing taxes, how do you treat a restocking fee for a returned laptop bought for business?

Friday, February 27th, 2009
taxes
Sarah asked:


I am self-employed. I bought a laptop last year for my business, which I had to return soon later because of problems it was having. I was charged a hefty restocking fee for the return. Can I consider this restocking fee a business expense when filing my taxes?

 

Proerty Taxes in the state of Texas – typically what % of taxes equal property value?

Tuesday, February 24th, 2009
taxes
msc asked:


Is property taxes in Tx high for the nation? If property taxes in Tx is $200 yearly – is there a guide to roughly determine property value?

 

How much of my paycheck will go to taxes in Arizona including Federal taxes when I get a job?

Monday, February 23rd, 2009
taxes
DMCz asked:


I am a single with no dependents as far as tax stuff goes. If I get a job, how much of my paycheck will go towards paying taxes in Arizona and Federal taxes? I want to try to calculate how much money I would be earning.

 

What determines if you owe interest on your taxes?

Sunday, February 22nd, 2009
taxes
Jared G asked:


I owe about $6,800 in taxes this year (2008). And my tax bill says I now owe $7,062 for taxes due plus $241 in interest. The taxes I owe are based on interest/dividend income. I didn’t think you had to pay a penalty for not making quarterly payments on this type of income. I thought only businesses or self-employed had to make quarterly payments. Can someone please explain why I owe interest?

 

How can I determine how much my taxes are going to go up?

Saturday, February 21st, 2009
taxes
Brad T asked:


I just heard that congress let the Bush tax cuts expire, so that the amount of taxes I will have to pay will climb significantly. Is there an easy way to determine (i.e. a website) how much my taxes will go up? I am worried! Help!

 

What if your tax credits total more than the taxes you paid out?

Wednesday, February 18th, 2009
taxes
carilynn.horn asked:


My husband and I are getting big credits this year. Do you get this money if you don’t owe anything on your taxes?

 

How can taxes you pay on real estate benefit your income tax return?

Tuesday, February 17th, 2009
taxes
ocman21 asked:


I’m doing a project for my business class, and I need lots of informations on this question.

Also I have another question:
What type of taxes do you have to pay on real estate?

 

How much taxes should be taken out of mine and my husbands’ paychecks?

Monday, February 16th, 2009
taxes
Mrs. L asked:


I claim 4 dependents throughout the year and my paychecks are $961.38 Bi-weekly.” before taxes ”

My husband also claims 4 (big mistake yes), throughout the year and his paychecks are $980.62 before taxes
OK.. We already have taxes taken out we are just trying to see if the smount that is taken out of our paychecks is correct.

 

What percentage of our federal taxes goes to education?

Sunday, February 15th, 2009
taxes
signs4_him asked:


I’m giving a persuasive speech on Education Tax Credits for one of my classes. I’m trying to find approx. how much of our federal taxes goes to education: particularly to funding public schools. I’ve been searching for day and have been thus far come up empty handed. Do you know the statistic or where I can find it? Thanks!

 

How to handle car taxes on a leased car?

Sunday, February 15th, 2009
taxes
Tim6298 asked:


How do you handle car taxes, when filling out taxes for the year (Connecticut), when the car is a lease? I just have something from the car company saying what was paid.
I was actually referring to the property tax paid on it.