No Income Tax Texas
Question: Do we need to file a income tax form?
My husband is 66 and I am 65. Our only income is Social Security. No stocks bounds etc. No other income. Also at what age can you stop filing income tax forms? We live in Texas.
Answer: No, if your only income is social security, you don’t have to file a federal return. But this year only, if you had long distance service on your phone anytime between March 03 and July 06, you should file a form 1040EZ-T to get a refund of telephone excise tax. The form is short and easy, and it’ll get you $40. You can download a copy at irs.gov or pick one up at your local library.
Obama’s Tax Cut Deal: So Much For Deficit Reduction
President Obama’s tax cut deal with Republicans will cost more than $700 billion. So what happened to concerns about the nation’s exploding debt? Experts say the deal won’t cause catastrophic damage but does highlight the need for political courage — and a revamped tax code.
Texas Governor 2010 – No law requires you to pay taxes1 of 2
No Income Tax Florida
Question: Why is Turbotax telling me to file a state tax return in Florida?
I may be mistaken, but usually Turbotax doesn’t ask me to purchase/file a state tax return. I’ve used Turbotax for years to file my taxes. Am I missing something? There is no state income tax in Florida, unless that changed recently. Any other idea why it would tell me that (glitch)?
Nope, I don’t own a business. I’m claiming the first-time home buyer tax credit. That’s really the only thing different this year.Answer: Did you have any income from a business you own. It may be thinking you need to file for that.
Florida’s budgetary outlook is getting gloomier
TALLAHASSEE, Fla. (AP) – A legislative economist says Florida’s budgetary outlook is getting gloomier. Amy Baker, coordinator of the Legislature’s Office of Economic and Demographic Research, told the Senate Budget Committee on Monday, Dec. 6 that…
Paying Taxes : About States With No Income Tax
File Taxes By Mail
Question: i filed my taxes by mail april 15th when will i get it?
Answer: Here’s a link to the IRS payment schedule for e-filers If you mailed them add 7-14 days.
Griffith accuses commissioners of forcing budget chief to quit
Luzerne County Commissioner Chairwoman Maryanne Petrilla, outgoing Chief of Budget and Finance Tom Pribula and Controller Walter L. Griffith Jr. exchanged insults and accusations Friday about Pribula’s resignation, wasteful spending and an alleged viola
Paying Taxes : How to File Taxes Electronically
Change Irs Address Online
Question: Change of address for my tax return?
I moved to a new address in December of last year (2008) and I want to use my new address for my return. However, my old address is probably still on file with the IRS and I want to e-file my return like I did last year. My question is do I have to send in the form to officially change my address with the IRS before I e-file or can I simply use my new address when I e-file online? I don’t want to run into issues with my refund due to mismatching addresses. I use direct deposit so it’s not an issue of the refund being sent to the wrong address, I just don’t want my refund to be delayed because of the address change. What should I do? Thanks so much!
Answer: No, just by filing your new return, your address on file with the IRS will be updated.
Facebook Co-Founder Launches Social Network for Social Good, Jumo [IMAGE]
Today, users can start connecting with all their favorite social causes in one online sphere, as Facebook co-founder Chris Hughes has launched his much-buzzed-about social network, Jumo. Hughes, who left Facebook in 2007 to become the Obama campaign’s director of…
Tax Tip: Withholding Calculator – January 2010
Illinois Tax Address Change
Question: Can I force my employer to amend my 2006 W-2?
I got a job with a company in Wisconsin in September 2006, but my permanent residence is still in Illinois. My wife and I decided not to move to WI until our kids finish the current school year. So, I rented a bedroom out of a house near where I work. I stay there during the week and go back to IL every weekend. Sometimes, I work a few weeks remotely from my home in IL. On my first day at my new job, I mistakenly filled out my W-4 with my WI address. Now, I’m having major issues with filing taxes, due to my resident status being “part-time”, while my wife’s is still “permanent”. Plus, the WI tax rate is twice as high as IL’s. I will save over $1000 if I can file as a full-time resident of IL. My employer has refused to amend my W-2 for 2006, because it wasnt’ their mistake. They claim they would be charged a lot of fees by the state to make make the change. I plan to see a professional tax consultant, but I was wondering what answers I might get here. What are my options?
Answer: The income was made in WI while you lived in WI, then you owe taxes to WI.
If this is a consulting position, you might have more room to negotiate. However, if this position is full time or require you physically show up for work in WI then it is difficult to suggest that you weren’t residing in WI.
You might be able to change your W-4 now and try to make some of your 2007 income to be IL income if your employer lets you. However, this is not exactly on the right side of the line. Consider for a moment – what is stopping every employee in the country having an address in, for example, state of Texas where there is no state income tax.
Best wishes.
Man convicted of fraud living high life at beach
A Winnetka, Ill., man who declared himself so broke he was assigned a public lawyer is living on the 19th floor of the $2,600-a-month luxury resort and spa.
Rod Blagojevich Uncensored