The Tax Questions Blog

Archive for January, 2010

Question: Is there a way to find your old tax returns online?

I need them and didn't save them . Can I find them online? Where? Thanks.

Answer: If you applied using one of the online services (TaxAct, TurboTax, etc.) you can just log in to your account and print out a new copy.

If you used a paid preparer, you can call them and they'll give you another copy of your return. They may charge a fee for this service.

If you did your taxes yourself and mailed your only copy to the IRS, you can contact them and get either an official copy (costs money) or a transcript (free). Here's details:

http://www.irs.gov/individuals/article/0,,id=110571,00.html

XM XDNX1V1 Onyx Dock and Play Radio with Car Kit (Black) $44.88 Bundle includes Onyx XMH10A Home kit...

TurboTax Deluxe Federal + E-file + State 2011 for PC [Download] $29.06 TurboTax Deluxe: Guides you step-by-step to maximize your deductions...

TurboTax Deluxe Federal + E-file + State 2011 $7.99 TurboTax Deluxe 2011 - Federal & State + E-File is ideal for maximizing deductions and saving more on taxes - and is easy for first time users. This software includes everything you need to do your taxes with ease, finding all the tax deductions and credits you deserve so that you get your biggest refund. With simple questions to guide you through the process, TurboTax Deluxe 2011 looks for deduct...

With your tax return, don't let guard down

Nothing about taxes is easy, and deciding how to fill out your return is no exception. Should you hire a tax preparer or do it yourself? Go with one of the free online options or stick with the old-f...

File your tax returns online in a secured and digital way

Question: UCC Financing Statement in CO?

How do you find out if someone filed one when they were supposed to and if it is in effect on your business?

Answer: Check with the Colorado Secretary of State. That is where they are filed and kept.

Penn West Announces Its Results for the Fourth Quarter Ended December 31, 2009

CALGARY, ALBERTA--(Marketwire - 02/18/10) - PENN WEST ENERGY TRUST (TSX: PWT.UN - News ) (NYSE: PWE - News ) is pleased to announce its results for the fourth quarter ended December 31, 2009 Operations - Production for 2009 averaged 177,221 (1) boe per day exceeding our guidance of 171,500 to 176,500 boe per day (net of property dispositions of approximately 3,500 boe per day annualized ...

1053-WEI #34***What is a UCC-1 Financing form ?

Question: Why is my refund greater than my withheld taxes (regarding foreign income)?

I'm using TurboTax online to do my taxes. After reporting my foreign income (no Foreign Earned Income Exemption), my refund shot up to $350. I only had $50 withheld from my domestic earnings this year, so I don't understand how I can be getting $300 more than I withheld in refund. Is there a mistake, or does this have to do with the credit for paying foreign taxes? If it's the latter, why didn't I have to report how much of my foreign income was taxable or how much I paid in foreign taxes?

The numbers are relatively small, since I worked part-time for a limited period of time in the States, and now I'm living in China, where the average income and cost of living are both way less than America, so I don't make a full American salary here. However, if you count my Chinese income, I'm still over the standard deduction + student loans deduction. I don't know if that matters, but I'm including it in case it does.

Answer: The rebate recovery credit is $300 if you didn't already get the money based on your 2007 tax return.

Obama: Here's $5,000. Go hire someone.

When President Obama called last month for a new tax break to spur job creation, critics blasted him for offering no specifics. On Friday, Obama plans to fill in the details: He wants to give businesses a $5,000 tax credit for each net new employee they hire this year.

Question: Won jackpot at bingo and want to pay irs now?

i won about 14k at bingo and they dont take the taxes out but report them to the irs. i was wondering can i pay the irs now or do i have to wait till april when i fill my other taxes? ide rather get it out of the way but just not sure how to go about it...can you tell me if i can and if so how to?

Answer: Look at last year's return.

If you were in the 10% marginal tax bracket for your last return, send in approx. $1,400 on a form 1040-ES.

If you were in the 15%, send in $2100

If you were in the 28%, well, you get the idea.

TurboTax Deluxe Federal + E-file + State 2011 for PC [Download] $29.06 TurboTax Deluxe: Guides you step-by-step to maximize your deductions...

TurboTax Deluxe Federal + e-File + State 2010 - [Old Version] $5.75 The Intuit TurboTax Deluxe Tax Year 2010 Software walks you through over 350 deductions including mortgage interest, charitable contributions, education, medical expenses and more. Audit Risk Meter™ helps you reduce your chance of an audit. ItsDeductible® helps you accurately value charitable donated items. The Intuit TurboTax Deluxe Tax Year 2010 Software also guides you through changes...

TurboTax Home & Business Federal + e-File + State 2010 - [Old Version] $8.15 Designed for sole proprietors, self-employed, consultants, 1099 contractors, and single-owner LLCs. Expanded interview walks you through entering business income and expenses to help you maximize business and personal deductions, home office deductions, depreciation and more. Create W-2 and 1099-MISC forms for your employees and contractors. The Intuit TurboTax Home & Business Tax Year 2010 Softwa...

Get help from the IRS on YouTube

By Carole Feldman, Associated Press The IRS channel on YouTube features dozens of videos informing people about new credits and deductions and other changes in the tax law.

IRS TAX TIPS: Making Work Pay - Married (ASL, Captions & Audio)

Bank of America Announces 2009 Net Income of US$6.3.

Charlotte, North Carolina (ots/PRNewswire) - Bank of America Corporation today reported full-year 2009 net income of US$6.3 billion, compared with net income of US$4.0 billion in 2008.