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No.

Federal taxes are never deductible from Federal taxes! (Even if you paid them the year they were due. Certainly paying them in a later year won't produce a benefit).

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Q: Can federal taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
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For Connecticut state income tax a 2007 single student earning 3132.25 did not have Connecticut state taxes withheld do you have to file Connecticut taxes?

CAN I FIND OUT THE REFUND AMOUNT I GOT FROM CONNECTICUT STATE TAX IN 2007


Deadlines to file 2007 taxes?

October 15, 2008. After that date, both the return and any taxes due are late. If you are due a refund, there is no penalty.


How can you file your 2007 taxes for free?

Blank federal forms for 2007 are here: http://www.irs.gov/formspubs/article/0,,id=182756,00.html You can probably find blank state forms here: http://www.taxadmin.org/fta/link/forms.html (If not, just call your state tax agency's general information line and they will mail you the forms you need.) Fill out the forms and mail them in. Unfortunately, you will need to pay for a postage stamp. If you like, you can download a free copy of the 2007 TaxCut Basic federal software here: http://download.cnet.com/TaxCut-Basic-2007/3000-2047_4-10608490.html While you can use the software to prepare your federal return, when you are done you will have to print out the completed forms and mail them in.


If you didnt owe money for 2007 but you did owe for past years will you still get a check?

i think if you don't owe taxes for 2007,but owe taxes on prior years you should still get a stimulus check as long as you are making monthly payments on what you owe.


Paid cash for your home 119271.71 where does this amount go on your taxes for 2007?

Purchasing a house is not tax-deductible.You can deduct mortgage interest (which you do not have) and property taxes. If you received a property tax credit from the seller, which appears on the settlement sheet from your closing, you must net that against any taxes you paid during 2007. If there was any credit for taxes due in 2008, net that portion of the credit against property taxes you pay in 2008 to figure your deductible portion.

Related questions

Can state and local taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?

Yes, provided you are itemizing deductions (schedule A).


Can additional federal taxes paid in 2007 for tax year 2006 modify your state taxes for 2007 taxes?

No. While State taxes are a deduction to Federal income and hence may change your tax due to the Feds, your Federal tax does not effect your State taxes in any year.


Can property taxes paid 2007 for 2006 be deducted for 2006 taxes?

No. In the U.S., individual taxpayers are generally considered "cash basis" -- that is, we claim income the year in which we receive it, and expenses the year in which we pay them. So, property taxes paid during 2007 for any year are deductible only on a 2007 income tax return.


Can 2006 taxes be filed with 2007 taxes?

No, each year has to be filed separately


How will they calculate my homestead rebate for NJ if I lived and owned a home in NJ in October 2007 make under 100k and paid taxes from June 2007 when I bought the house through December 2007?

because the Homestead rebate website says it's based on taxes accessed in 2006, but i did not own the house in 2006.


Is gasoline tax deductible on a 2007 individual federal tax return?

No, typically property taxes, real or personal, and taxes paid to states/localities are deductible as a Schedule A Itemized Deduction.


You owe 6000.00 in taxes from 2007 and will get a refund of 3500.00 this year will you get to keep the refund?

If you still owe that money, your refund will probably just get deducted off your taxes.Read more >> Options >>http://www.answers.com?initiator=FFANS


If the last time you filed taxes was in 2005 are you eligible for the federal tax kicker?

If you mean the stimulus payment, no. It is based on your timely filed 2007 tax return.


What are the release dates for e2 The Economies of Being Environmentally Conscious - 2006 Greening the Federal Government 2-8?

e2 The Economies of Being Environmentally Conscious - 2006 Greening the Federal Government 2-8 was released on: USA: 7 December 2007


What are the release dates for The Federal Experience - 2007?

The Federal Experience - 2007 was released on: USA: 1 August 2007


I have filed chapter 13 July 2007 now I owe both federal and state taxes but cannot not pay in full how do I arrange to pay the tax debt?

Discuss this with your trustee.


What actors and actresses appeared in Kopciuszek - 2006?

The cast of Kopciuszek - 2006 includes: Aleksandra Bednarz as Natalia (2006-2007) Filip Bobek as Maks Janusz Chabior as Maciej Furman (2006) Pawel Czajor as Zbyszek (2006-2007) Ireneusz Czop as Walczak (2006-2007) Hanna Dunowska as Tarnowska (2006) Barbara Dziekan as Danuta (2006-2007) Sylwia Gliwa as Agnieszka (2006-2007) Mateusz Janicki as Lukasz Tarnowski (2006-2007) Diana Kadlubowska Aleksandra Kisio as Ewa Krystyna Kolodziejczyk as Jadwiga Monika Kwiatkowska as Blanka Bienkowska- Klecka (2006-2007) Janusz Michalowski as Kazimierz (2006-2007) Joanna Moro as Sandra (2006-2007) Anna Nehrebecka as Bozena (2006-2007) Andzelika Piechowiak as Kamila Kubicka (2006-2007) Malgorzata Pieczynska as Elzbieta Kowalczyk (2006-2007) Marek Pituch as Koperek (2006) Piotr Polk as Konrad Kowalczyk Przemyslaw Redkowski as Radek (2006-2007) Joanna Sienkiewicz as Burmistrz Kalinowa (2006-2007) Katarzyna Skrzynecka as Anna (2006-2007) Grzegorz Stosz as Szymon Lukasz Sztandara as Dominik Kubicki (2006-2007) Ewa Telega as Natasza (2006-2007) Krystyna Tkacz as Miroslawa Kowalczyk (2006-2007) Katarzyna Trzcinska as Marzena Lorenc (2006-2007) Ziemowit Wasielewski as (2006-2007) Mariusz Witkowski as Jacek (2006-2007) Katarzyna Zielinska as Renata