The Tax Preparation Blog

Archive for the ‘Online Taxes’ Category

Question: What do I have to pay two different state taxes for 2009?

I work a full time job in PA, and a part time job in MD. When I went to do my taxes myself online it was telling me that I owe both MD and PA taxes for my state. How is this possible? Usually on my PA taxes I break even and don’t owe anything but this year I owe PA and MD? Is this correct?

Answer: If you work (or work and live) in two different states, you will file tax return in both the states. One state is your tax home. In the state that is not your tax home, report income you earned while in that state.

If you have received only one W2 from your employer, then use simple arithmetic based on number of days spent in the state to figure our the income that you should report to this state.

In the state that is your tax home, report your worldwide income for full year. Also in this state claim credit for the taxes paid to the other state.

States push harder for online sales tax collection

SAN FRANCISCO (AP) – Tax-free shopping is under threat for many online shoppers as states facing widening budget gaps increasingly pressure Amazon.com Inc. and other Internet retailers to start collecting sales taxes from their residents. Billions of dollars are at stake as a growing number of states look for ways to …

Trouble in Fall 2009? College Graduates can’t find Jobs; States Raising Taxes; Marriage Decline

Question: Turbo Tax returns question?

I am having trouble with filing my taxes online. What do I do if I didn’t get tax returns last year? Also where can I find my AGI for the year 2009? Thanks for your time.

Answer: You didn’t file tax a return last year for your 2008 taxes?

If not, you will not have the AGI for filing your 2009 taxes (this amount would be what you need to be able to e-file online for your 2009 taxes.

Your question is a bit confusing, maybe you can clarify.

Tax year 2008 – did you file a return?

If you did file a return for 2008, you must get your return and look for the AGI which is line 37 on Form 1040 (it is the last item on the very 1st page of any tax return or the first line on page 2 of a tax return (Form 1040 line 38, 2nd page)!

Hope this helps and makes sense to you! If not, edit your post and give additional information.

Grand Rapids unveils combined income tax forms for resident and non-resident taxpayers

New forms were mailed to 17,000 taxpayers

Individual Tax Deduction Online Tips for 2010, 2011

Question: When will I get my tax rebate if I used Turbo Tax online to file my tax return?

I used turbo tax online to file my taxes and chose to direct deposit, but the deposit went to Santa Clara Bank then to my account……when sould I expect my rebate?
My social ends in 02, so I was expecting it today, May 2nd, but it has not been deposited yet.

Answer: When the IRS deposited your refund, they deposited into the Santa Clara Bank as you noted, then that bank transferred it to your bank account, after deducting any applicable fees. That means the IRS has the Santa Clara Bank’s info, not yours, so you won’t get your rebate via direct deposit. You’ll get a paper check mailed to you.

That information is right on TurboTax’s website.

Depending on the last two digits of your SSN, here’s the schedule;
Last two SSN digits: Payments will be mailed no later than:
00 through 09 – May 16
10 through 18 – May 23
19 through 25 – May 30
26 through 38 – June 6
39 through 51 – June 13
52 through 63 – June 20
64 through 75 – June 27
76 through 87 – July 4
88 through 99 – July 11

Dozens of refunds held up by tax return snag

Dozens of people who filed their federal income tax returns electronically through a free program sponsored by the Urban League of Greater Chattanooga thought they would have received their refunds by now.

Free Tax Return Filing Online

Question: Online business? I have to pay taxes if working from another country?

I have an online business working from Argentina (South Amercia) to Australia and England offering a service of tech support online. I will like to offer this service in the USA as well. The people that will use the service have to pay by credit or debit card with paypal. I will like to know if have to pay taxes or not as I am not a resident of the US and if i have to have any business certification??. How can I do all this??.
Thank for your help!.

Answer: Assuming that you are not a US citizen, there are no US taxes due as long as your service is provided from outside of the US.

Air NZ’s Virgin stake falls foul of foreign ownership rules

Feb. 21 (BusinessDesk) – Air New Zealand Ltd. will have to dump a small portion of its stake in Virgin Blue Holdings Ltd. after an independent report found the airline’s shareholding breached Australia’s foreign ownership rules.

Gerry Harvey – Online shopping v GST retail sales – PART 1

2011 BOB Award Winners

We at New Hampshire Business Review are delighted to welcome you to see the results of our fourth annual BOB Awards, honoring the Best of Business in New Hampshire for 2011.

YYCCC 2010-12-06 Calgary City Council – December 6, 2010