Posts tagged as:

1040

Ask the taxgirl: Social Security Overpayments

16 March 2009

Taxpayer asks: Hi, I work for a company and am currently deployed to Iraq. I had met the Social Security Cap for withholding mid 2008 and mid year was transferred to our subsidiary. They again withheld my Social Security to the Cap so in effect I paid double the amount I should have. Can I [...]

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Making Work Pay Credit Could Surprise Some Taxpayers in 2010

15 March 2009

Note from taxgirl: I’ve written a few pieces about the credit since this piece originally posted. Many of the questions and comments related to this post can be answered by checking out this updated post about sorting out the credit. You can find out more about calculating the credit here. As of April 1, many [...]

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Office Depot Gives Away Free Copies of Tax Returns

8 March 2009

Office Depot will provide free copies (up to 25 single-sided pages) of 2008 tax returns for taxpayers this season. The promotion, which runs from March 22 to April 15, 2009, is available at the Design, Print, & Ship Depot center at Office Depot retail store locations nationwide. “Office Depot is thrilled to once again help [...]

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Ask the taxgirl: Where to Report Charitable Contributions

9 January 2009

Taxpayer asks: Hello there and thank you for answering my question. I am self employed and contributed nearly $8,000 in cash/non cash donations this past year (goodwill, church, habitat for humanity). When my friend did my taxes on her computer program it did not reflect a deduction upon entering in the charitable donation information. I [...]

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IRS Seeks Feedback

8 December 2008

The IRS is seeking feedback. Hey, it happens… If you’re a tax practitioner who prepares federal form 1040 returns with a schedule C, the IRS would like for you to answer a completely anonymous survey for compliance purposes. If you fit the bill and you have interest, click away.

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Ask the taxgirl: Credit Card Interest

5 December 2008

Taxpayer asks: Thank you for taking my question. I do not know who else to ask. This is the first year for me to file taxes and I do not see where to put the interest that I paid on my credit card. I live with my grandmother and she says I can take it [...]

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Ask the taxgirl: First Time Filer

20 June 2008

Taxpayer asks: I just recently (December 2007) became a US Resident, I have been illegal before that, since 2002. This year will be my first year filing taxes. And I do not know how to go about it. Or what info should I have handy. Any suggestions? I did worked before I became a US [...]

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Ask the taxgirl: One time gains

9 June 2008

Taxpayer asks: This is my situation. In 2007, I sold a bunch of stock my grandpa gave me, and had a gain of roughly $8,000. I had my regular income at around $50,000, and $6,583 was withheld. I did not make any estimated tax payments throughout the year. I owed $1,271 in taxes. My question [...]

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Cindy McCain’s Tax Returns (Kind Of) Released

27 May 2008

Among pressure to prove that there was nothing to hide, Senator John McCain and his wife, Cindy, announced last week that, despite earlier comments that they would not release Ms. McCain’s tax info, they would do so. The information was made public and is available on McCain’s web site. Senator McCain had previously released his [...]

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Ask the taxgirl: Rebates and foreign taxpayers

29 April 2008

Taxpayer asks: Just curious, are the foreign taxpayers who are not American citizens also going to get the stimulus rebate checks? I’ve heard people from all over the world have been filing tax forms for the stimulus payment. (And apparently, these are non-American citizens who have social security numbers). Taxgirl says: Permanent residents overseas who [...]

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