Is Life Insurance Payout Taxable?
I received $6000 in life insurance money when my father passed away. Do I have to claim it on my tax return?
What is Taxable and Nontaxable Income?
This may be a dumb question to some, but, on my taxes, do I have to claim any money I received from ThriftyFun.com (TF), such as from TF contests or craft submissions?
Paying Taxes on On-line Sales Income
My husband and I are both retired and want to sell natural handmade soap from an online distributor. The soap distributor doesn't require a tax ID either. So, who pays the taxes and do we need a Tax ID?
Claiming Clothing Donations on Taxes
Can a host business of a clothing donation box claim the items in the box on their taxes?
Deducting Rent Payments on Taxes
Can you deduct your rent payment on your taxes? I have been told two different things. So if there are people that are familiar with this please inform us asap. Thank you for your support.
Claiming Unreimbursed Work Expenses on Taxes
I work for a company that pays $400.00 in expenses a month towards mileage and up keep on my car. I drive way over what I get a month. How do I handle this at tax time?
I received a 3% raise retro active from 01/01/09. My employer taxed it at the gift tax rate. Is this legal? Should it not have been taxed as regular income at the individual tax rate?
Reporting Contest Winnings to IRS
Does anyone know what the rules are about winning various contests in regards to reporting the winnings (whether cash or a prize) to the IRS? Is there a minimum amount allowed that you can win that you do not have to report and declare.
I am a newlywed and a bit confused on how to fill out my W-4. When I was single my employee helped me fill out the W-4, later to realize she put 3 dependents on me so I had to pay the money back.
Deducting Your Cellphone Bill on Your Taxes
What pieces of my cell phone bill do I need to take to my tax prep? I started using my personal cell for some calls that were work related in June 08. Do I need to highlight specific calls, or just give him a monthly payment rundown?
So I was self employed for 2 summers making about $7000 each summer while I was in high school and I never paid in the taxes I was supposed to. This year I worked for two other employers making about $10,000 from one place and $2-3000 from the other place. Is the government going to keep my tax return to help credit it to what I owe?
Tax Forms Show Different Refund Amounts
On 1/17/09 I e-filed my Federal taxes with one site (turbotax). Early this morning 1/18/09 I logged into another site that offered free state filing. Keep in mind it was 3am, so 1/2 way through I realize it's a Federal form. The issue: the 2nd form offers $500 more than the one previously e-filed (yes, same exact info: deductions, wages etc.) I have not submitted the 2nd form, but any thoughts as to how I get the additional refund money? Thanks in advance!
A lot of people are doing their taxes online or using tax software. What software do you use to do your taxes?
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