Archive for June, 2009

 

How many taxes are you paying out of each paycheck?

Sunday, June 28th, 2009
taxes
Erin asked:


How big or little of a percentage of your paycheck are you paying in taxes?
That’s what I was thinking, is it like, around 22%? That’s what I think we’re paying out of each check.

 

What kind of taxes would I pay as a Sole proprietorship business in NJ. I am considering a handyman business.

Sunday, June 28th, 2009
taxes
John J asked:


What kind of tax, what percent should i consider placing into a seperate account. How often would I pay taxes? Quarterly or Annually? Any information would be great. Thank You.

 

When filing taxes, do you have to put in how much money is in your savings account?

Saturday, June 27th, 2009
taxes
halfxwayxtorn asked:


My mom is going to be filing my taxes and I don’t want her to know that I have almost nothing in my savings. I’m not sure if it will show up or not.

 

How do I file taxes for self employment using turbo tax?

Saturday, June 27th, 2009
taxes
Jadeca asked:


I work part time for a friend and I am paid 100.00 per week. I have been working for one year. How do I provide this information on Turbo Tax? Also, I am curious if I would still be able to get a Tax Refund. I realize that I will have to pay about 700.00 in taxes but would I still receive the Earned Income Tax Credit? I don’t want to go to a big chain Tax preparer because they are too expensive.

 

What is a good tax software to use for preparing taxes?

Saturday, June 27th, 2009
taxes
Carlos F asked:


I want to prepare taxes on the side but I need guidance on what software to use. I need software that can be used multiple times. I work for a tax office but I want to make money on the side.

 

What taxes am i subject to if i am running a vending company?

Friday, June 26th, 2009
taxes
JJ asked:


i am going to operate and manage the vending in my stores i.e. candy, tattoos, stickers what do i need to do to get started? what taxes will i be subject to? what governing agencies will i report to?

 

What happens to the 2008 tax rebate advance if I end up owing taxes on my 2008 return?

Tuesday, June 23rd, 2009
taxes
rayray004 asked:


So, I normally owe about $500 in taxes after I do my return each year. If I get the $600 check, will I end up owing $1,100 (my normal $500 plus that $600 advance) in taxes for 2008 or will it still be closer to my regular $500 owed?

 

How much is the taxes on an Ontario Northlander train ticket & Greyhound bus ticket?

Monday, June 22nd, 2009
taxes
melissa t asked:


I would like to know how much money the taxes on an Ontario Northlander train ticket would be?
Aswell, I would like to know what the taxes on a Greyhound bus ticket?

 

Can I deduct Federal taxes paid in 2007 on my state tax return?

Sunday, June 21st, 2009
taxes
ch5082 asked:


I made a mistake on my 2005 Federal taxes and had to pay about $1000 in 2007 on that 2005 tax year. Pretty sure I can’t deduct that on my Federal return, but can I deduct it on my state return?

 

Can a job take taxes out of your check without you filling out any paperwork?

Sunday, June 21st, 2009
taxes
ms c gardner asked:


I work at a restaurant in NYC and we’ve always gotten paid without taxes being taken out of our checks. We instead claim the money and pay taxes every year to the government. I just found out the job is going to start taking taxes out of people’s checks without notifying them first and without having us fill out any paperwork such as a W-2 or I-9 form. Is this legal?