Personal Finance Answers

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My online college says since they are considered less then part time, I cannot file a tax return. I paid about 1500k and I believe I should get a tax break for education. I also attended a junior college, and paid around $400. I haven’t received anything from the junior college. Can I still file these two amounts on my tax return to get a tax break for education?
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Image taken on 2007-11-26 12:35:16 by foundry press. Read more...

I work a regular full-time job and normally file a W2 form on my taxes every year with zero dependants. This year however, I began selling designer handbags on Ebay in November and have since grossed about $10,000 more or less. With this additional income, how do I claim a return on my taxes for this. It is alot of money and I want to report it to the IRS because I dont want them knocking my door down later. Is there another form that I have to file instead or do I keep using the same W2 to file both incomes? I have no idea about this stuff and tax season is coming up so I definetly want to be prepared. Please advise! Thanks!
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Image taken on 2009-02-23 13:39:38 by katiebordner. Read more...

For examples, I got almost 10,000 dollars tax return in 2006, but I only got no more than 7,000 dollars in 2007. I earn almost the same income in both 2006 and 2007. Can I amend the tax return in 2007 now? Please give me some advises. Thank you for helping.
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Image taken on 2007-07-09 21:01:13 by Dunk the Funk. Read more...

If i make 65,000 a year and single/independent, how much will i receive in tax return if i claim my brother as one of my dependents? He has had no income this year and is considered an adult.
I live in LA,CA.
Can someone give me an estimate assuming im paying 25%~ tax?
HR calculator seems a bit off, they say i only get taxed 16% but i actually get taxed 26%
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Image taken on 2007-04-17 21:36:33 by Cliph. Read more...

Someone told me you get $500 in tax return if you donate your car to charity. I live in California so another state could be different.
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Image taken on 2007-04-11 19:36:37 by Kalense Kid. Read more...

Today I received my tax return directly my account, but I didn’t receive the stimulus rebate, should it be together or not?
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Image taken on 2006-09-30 22:03:06 by marcreck. Read more...

I need to send my parent’s federal tax return in but I can’t find it in my parents folder of tax documents. Could somebody show me what it looks like? I tried googling it on google image but it sometimes shows up as 1040 form.
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Image taken on 2007-04-17 21:36:33 by Cliph. Read more...

I have a friend who sold a house and lost money. She does not live in US. When the house was sold at a loss, she still has Federal Income Tax withheld. How can she claim the tax return from the Federal government?
She has a federal identification number. Can that be her ITIN?
It seems not easy to get an ITIN because she lives in Asia. Is there a deadline for her to file tax return in US?
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Image taken on 2005-03-22 22:47:59 by SMN. Read more...

I am an USA citizen (California resident). I moved to Taiwan 10 years ago to teach English. In the past 10 years, I file tax return in Taiwan, but I thought I don’t need to file tax return in USA and California. I earn approx. US$30,000 every year. Now I am applying green card for my wife. The embassy here ask me to file tax return for year 2005. My questions are: Read more...

When filing an income tax return, do I need to include insurance refund from auto accident? My car was total loss. My insurance pay off my loan for the car and gave me back $6000 after the payoff. Do I need to report this when filing my income tax return?
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Image taken on 2007-11-26 12:35:02 by foundry press. Read more...