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Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 316 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:47 pm: |
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//TT, akkada one year ante..you have to consider 4 quarters unlikes regular annual tax returns. Emanna discrepancies vunte uncle sam eppudo letter pampevadu ani ...// That's true. One year ante one "tax cycle" ani cheppukovachu |
   
Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 315 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:46 pm: |
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//Yeah. Very self explanatory. Year end ki easy ga Turbo Tax corporate software loki kooda export cheyyachu. It's very easy.// Thanks maama. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 153 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:46 pm: |
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Till now no problem. Been doing it for a year. >>>> TT, akkada one year ante..you have to consider 4 quarters unlikes regular annual tax returns. Emanna discrepancies vunte uncle sam eppudo letter pampevadu ani ... |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 152 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:44 pm: |
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Yi year nenu CPA ki ichaanu. next year nunchi nene chesukondaamanukontunnaanu. quickbooks easy gaane vundaa?? Yeah. Very self explanatory. Year end ki easy ga Turbo Tax corporate software loki kooda export cheyyachu. It's very easy. |
   
Telugu_times
Junior Artist Username: Telugu_times
Post Number: 533 Registered: 02-2008 Posted From: 40.0.40.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:43 pm: |
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Till now no problem. Been doing it for a year. >>>>
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Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 312 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:41 pm: |
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//Quickbooks vaadi software use chesi own gane mama. Till now no problem. Been doing it for a year. // Yi year nenu CPA ki ichaanu. next year nunchi nene chesukondaamanukontunnaanu. quickbooks easy gaane vundaa?? |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 151 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:40 pm: |
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Payroll/Taxes sontham gaa chesukontunnaavaa? CPA ki isthunnaavaa Otelugu maama. Quickbooks vaadi software use chesi own gane mama. Till now no problem. Been doing it for a year. |
   
Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 311 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:36 pm: |
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//Cool. Actually for this year you can open anytime till April 15 next year// Ma bank lo officer yemo individual 401K open cheyyamani praanam thisthondi. Payroll/Taxes sontham gaa chesukontunnaavaa? CPA ki isthunnaavaa Otelugu maama. |
   
Kkd
Junior Artist Username: Kkd
Post Number: 612 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:33 pm: |
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Thanks every one..ippudu clear ga ardham ayyindhi. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 150 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:31 pm: |
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December lopu eyppudaina cheyyochu anta kadaa?? Cool. Actually for this year you can open anytime till April 15 next year |
   
Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 310 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:30 pm: |
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//Kalikalan bro, SEP open chesava?// Inkaa cheyyaledu maama. December lopu eyppudaina cheyyochu anta kadaa?? Dabbu maatram alaage bank lo vunchaanu.Ippati ki one month maatrame payroll run chesindi. |
   
Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 309 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:29 pm: |
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Inkonchem detailed gaa explain chesthaanu. Last year miru Schedule-A vesaaranukondi.Schedule A lo miru state govt ki kattina taxes ni claim chesthaaru. Ante Federal ki kattaalsina taxes nundi benifit pondaaru. Kaabatti state govt nunchi vachina benifit ki tax kattaali. Oka vela miru last year return lo standard deduction maatrame thisukonte(Itemize cheyyaka pothe) mi state refund yetti paristhithulonu Taxable kaadu. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 149 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:28 pm: |
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KKD, Tooch... in the same page it says 1099-G is sent to people who "itemised". Since you didn't you didn't recieve it and so no need to report, based on this info. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 148 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:27 pm: |
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Kalikalan bro, SEP open chesava? |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 147 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:26 pm: |
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Cyclone, The same link below explains why it's not double taxation. |
   
Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 308 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:24 pm: |
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//Kani naaku 1099-G form emi pampa ledhu.// sorry KKD, "naaku 1099G vachindi" anukonnaanu. anni state refunds federal tax lo include cheyyanakkarledu. "Taxable portion" maatrame include cheyyali.aa "taxable portion" yento 1099G chusthe thelusthundi. Miku raaledante miku "taxable refund" ledu ani meaning. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 146 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:23 pm: |
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avunu...kani naaku 1099-G emi raaledhu. Ideally you should report. But since you have an excuse that you didn't recieve the form also since chances of audit for people will standard deduction is a remote possibility, you might be OK. Googling chesthe why to report anedi kooda dorikindi, thought it's for MO the content is still relevent. http://dor.mo.gov/tax/personal/faq/1099g.htm#Why%20would%20I %20have%20to%20report%20my%20refund%20as%20income?
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Telugu_times
Junior Artist Username: Telugu_times
Post Number: 526 Registered: 02-2008 Posted From: 40.0.40.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:19 pm: |
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Andhuke eella jobs anni India elipotunnayi >>>
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Kkd
Junior Artist Username: Kkd
Post Number: 608 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:18 pm: |
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Okatelugodu:Offcourse this is only for state tax refund reported on 1099-G).
avunu...kani naaku 1099-G emi raaledhu. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 145 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:17 pm: |
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KKD, Naaku telisi I never showed it in my returns about the previous returns. I have been doing this for years. Initial ga ekkuva cuttings pettukunta so that I get a lump some as bonus at the year end. Naaku taxes chese CPA eppudu add chestadu including this year.(Offcourse this is only for state tax refund reported on 1099-G). |
   
Kkd
Junior Artist Username: Kkd
Post Number: 607 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:17 pm: |
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Ravino786:kkd declare avasaram ledhu ...worst case that is after 7 years, usually standard deducions audit kavu ...audit ina they may send notice to pay few bucks intrest is very low negligible so aveshapadaku
Thank you..elagu next year ki desam ki jump kadha..notice isthe evadiki  |
   
Ravino786
Comedian Username: Ravino786
Post Number: 1111 Registered: 12-2006 Posted From: 155.139.50.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:17 pm: |
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KKD return if sent late they will send intrest...a intrest amount 10 dolalrs kanna ekkuva unte declare cheyyali ....daniki 1099 akula katta vastundi ledha tax ki tax endhi na akula katta?? } |
   
Cylonesubbarao
Junior Artist Username: Cylonesubbarao
Post Number: 899 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:17 pm: |
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Kkd:maa team lo thellodu emo naku 1099 G vachindhi..I should pay tax on State refund antunnadu.
Andhuke eella jobs anni India elipotunnayi!  నేడేరా నీకు నేస్తమూ రేపే లేదు నిన్నంటే నిండుసున్నరా రానే రాదు ~ Veturi |
   
Telugu_times
Junior Artist Username: Telugu_times
Post Number: 525 Registered: 02-2008 Posted From: 40.0.40.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:17 pm: |
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kkd uncle sam gaadu, Dekudu G vaadidhi kaadhu antay, Delhi dhaaka Dekisthaadu |
   
Ravino786
Comedian Username: Ravino786
Post Number: 1110 Registered: 12-2006 Posted From: 155.139.50.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:15 pm: |
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kkd declare avasaram ledhu ...worst case that is after 7 years, usually standard deducions audit kavu ...audit ina they may send notice to pay few bucks intrest is very low negligible so aveshapadaku } |
   
Kkd
Junior Artist Username: Kkd
Post Number: 606 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:15 pm: |
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Cylonesubbarao:
Ok..inka nenu lock chesukunta ayithey. Nenu evadini adigina last year refund ki malla tax enti antunnaru desi gallu antha...maa team lo thellodu emo naku 1099 G vachindhi..I should pay tax on State refund antunnadu. |
   
Kkd
Junior Artist Username: Kkd
Post Number: 605 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:12 pm: |
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Ravino786:serious tamudu...nenu previous year vi never declared...bank statements w2 form ....asalu cash donations milage kuda set sesukovochu mee area lo Desi tax filers unte soodu ///lekallo bokkalu baga wetukutaru.... by the way needhi itamised aa?? standard aa?? neetho comedy seyya nenu...kakinada lo kalluddam after 2 years mee polam lo ne nenu work...
} Guruji, naaadhi standard deduction...no complications. Only salary and some interest amount. ee sari tax software vaduthunte..vadu previous year state returns vasthe enter seyyi annadu..kani 1099-G annadu. Naaku alantidhi emi raledhu. I only got 1099-INT. Thanks guruji..meeru sebithey nenu follow ayipotha...naaku last year entha refund vachindho gurthu ledhu...ledhante aa figure pettadam naaku problem emi kadhu. Intiki poyi choostha ..I should have a copy of the filings last time. |
   
Telugu_times
Junior Artist Username: Telugu_times
Post Number: 523 Registered: 02-2008 Posted From: 40.0.40.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:09 pm: |
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ezzatly rao gaaru. kkd, Light lelo |
   
Cylonesubbarao
Junior Artist Username: Cylonesubbarao
Post Number: 896 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:08 pm: |
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Okatelugodu:You anyway know the amount you got back from the state. So you can just add that in the 1040 under income section
Why would you pay double the tax? Take my case, I contribute more during regular pay periods and have it cut as single category. In addition to this I also have $100 per paycheck deducted for tax thru my payroll. Final thats my money which I'm giving it to state... and its state's responsibility to give it back at the end of year after deducting their taxes. Why do I have to pay tax on my own money which I have given in excess to state? KKD, Naaku telisi I never showed it in my returns about the previous returns. I have been doing this for years. Initial ga ekkuva cuttings pettukunta so that I get a lump some as bonus at the year end. నేడేరా నీకు నేస్తమూ రేపే లేదు నిన్నంటే నిండుసున్నరా రానే రాదు ~ Veturi |
   
Cool_indian
Junior Artist Username: Cool_indian
Post Number: 30 Registered: 02-2008 Posted From: 63.250.186.17
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:08 pm: |
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Eppudu vinaledu..previous year refund meeda kooda tax untundi ani...eppudu kattaledu..chala sarlu refund vachindi |
   
Telugu_times
Junior Artist Username: Telugu_times
Post Number: 522 Registered: 02-2008 Posted From: 40.0.40.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:06 pm: |
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kkd Light Lelo. nenu eppudu include cheyya ledhu, eppudu query raaledhu. okavela, vasthey, gisthey, appudu pay cheyyi. first time, penalty emi undadhu |
   
Kalikaalam
Junior Artist Username: Kalikaalam
Post Number: 307 Registered: 01-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:04 pm: |
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Please include in your return. even if you don't include, you will get notice after some time. Then, you eed to pay penalty+ interest. |
   
Okatelugodu
Junior Artist Username: Okatelugodu
Post Number: 144 Registered: 02-2008 Posted From: 199.43.32.86
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:03 pm: |
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You anyway know the amount you got back from the state. So you can just add that in the 1040 under income section |
   
Ravino786
Comedian Username: Ravino786
Post Number: 1108 Registered: 12-2006 Posted From: 155.139.50.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:03 pm: |
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serious tamudu...nenu previous year vi never declared...bank statements w2 form ....asalu cash donations milage kuda set sesukovochu mee area lo Desi tax filers unte soodu ///lekallo bokkalu baga wetukutaru.... by the way needhi itamised aa?? standard aa?? neetho comedy seyya nenu...kakinada lo kalluddam after 2 years mee polam lo ne nenu work...} |
   
Jodhaa
Junior Artist Username: Jodhaa
Post Number: 57 Registered: 02-2008 Posted From: 208.11.223.20
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:01 pm: |
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Kkd:
Guruji and serious never go together... No one can make you feel inferior without your permission, remember they are no better |
   
Kkd
Junior Artist Username: Kkd
Post Number: 604 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 02:00 pm: |
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Ravino786:
Guruji, Serious gane sebuthunnara...leka comedy sethunnara ?? |
   
Ravino786
Comedian Username: Ravino786
Post Number: 1107 Registered: 12-2006 Posted From: 155.139.50.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 01:59 pm: |
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Lite...} |
   
Kkd
Junior Artist Username: Kkd
Post Number: 603 Registered: 02-2008 Posted From: 170.61.20.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 03, 2008 - 01:57 pm: |
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Previous year Tax refund (State) vasthe..adhi ee year filing lo income ga soopiyyali anta kadha. Kani naaku 1099-G form emi pampa ledhu. Ippudu emi seyyali...include seyyala...lite theesukovala ?? |