Archive for January, 2009
How long before filing bankruptcy are you supposed to stop using the credit cards?
ilurvsmesumgameshows asked:
I have been unemployed for months and have been on interview after interview. I have been using the cc for mortgage payments, bills, but I know we are going to be filing bankruptcy in March of 2009. How far will they go back to see what I have borrowed? Just curious. BTW, I am still hopeful I will land a job soon. I am still moreClick here to continue reading
I have been unemployed for months and have been on interview after interview. I have been using the cc for mortgage payments, bills, but I know we are going to be filing bankruptcy in March of 2009. How far will they go back to see what I have borrowed? Just curious. BTW, I am still hopeful I will land a job soon. I am still moreClick here to continue reading
How long after bankruptcy shall I wait to apply to refinance my mortgage?
Penny asked:
I filed for bankruptcy in 2004 and I have been paying on it for so long now that I have a chance to pay it on out. I have about a year left to go if I don’t pay it on out. I want to refinance my house. If I pay my bankruptcy and my case is discharged, how long shall I wait before applying for a loan to refinance my home?
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I filed for bankruptcy in 2004 and I have been paying on it for so long now that I have a chance to pay it on out. I have about a year left to go if I don’t pay it on out. I want to refinance my house. If I pay my bankruptcy and my case is discharged, how long shall I wait before applying for a loan to refinance my home?
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What exactly does bankruptcy charge off like traffic or court fines?
MISSVIRGO79 asked:
I live in CA and owe almost $5,000 in traffic tickets and fines. My license was suspended and I REALLY need it back. If I file bankruptcy will it clear the fines off so I can get my license back?
I was told the only thing not removed was student loans. Is that correct?
Health & Wellness
moreClick here to continue readingI live in CA and owe almost $5,000 in traffic tickets and fines. My license was suspended and I REALLY need it back. If I file bankruptcy will it clear the fines off so I can get my license back?
I was told the only thing not removed was student loans. Is that correct?
Health & Wellness
How do you calculate the sales tax deduction on leased vehicles?
aviators99 asked:
The IRS publications just say you can deduct “sales tax paid on leased vehicles,” but doesn’t say how to calculate that. Does that mean to take the sum of the sales tax on all of the payments for the tax year, or figure out the sales tax on the amount that used used for calculating the lease? If the former, does that mean you can do it every year, moreClick here to continue reading
The IRS publications just say you can deduct “sales tax paid on leased vehicles,” but doesn’t say how to calculate that. Does that mean to take the sum of the sales tax on all of the payments for the tax year, or figure out the sales tax on the amount that used used for calculating the lease? If the former, does that mean you can do it every year, moreClick here to continue reading
What is the Amount of Income Required To File a Tax Return?
John asked:
Hi,
Hi,
(1) Can somebody please tell me what amount of income requires you to file a federal & state & social security taxes for each of the year since 1990 ? ( I mean filing Requirement for an unmarried single Person ) I need to know for each of those years.I am single unmarried individual.
(2) If my income is below the filing requirement amount, am I more
Click here to continue readingWhat is the Approximate Percentage of Federal tax that should be taken out ?
winterpasture asked:
I am on a small retirement annuity of $900.00 a month. I think too much tax is being taken out of my check. I claim zero. $334.00 is withheld each month is Federal taxes and the same amount is withheld for state taxes which leaves me with about $232.00. Is this the right amount of taxes? Thank you for the help.
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I am on a small retirement annuity of $900.00 a month. I think too much tax is being taken out of my check. I claim zero. $334.00 is withheld each month is Federal taxes and the same amount is withheld for state taxes which leaves me with about $232.00. Is this the right amount of taxes? Thank you for the help.
moreClick here to continue reading
How do you obtain tax exemption without being a nonprofit organization?
my4potatoes asked:
Our Home and School association has a tax exempt ID, yet we are not a non-profit organization. How is that possible? How would we have obtained tax exemption? No one in the organization seems to know. What criteria could be used for obtaining a tax exempt ID? And this isn’t as important right now, but how do you go about becoming a nonprofit organization? moreClick here to continue reading
Our Home and School association has a tax exempt ID, yet we are not a non-profit organization. How is that possible? How would we have obtained tax exemption? No one in the organization seems to know. What criteria could be used for obtaining a tax exempt ID? And this isn’t as important right now, but how do you go about becoming a nonprofit organization? moreClick here to continue reading
Can I deduct Federal taxes paid in 2007 on my state tax return?
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?
Women’s Underwear
moreClick here to continue readingI 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?
Women’s Underwear