IRS Tax Relief

I am in the process of buying my first home, and I am wondering how the $8000 tax credit will help me if at all. I have never owed anything on my taxes, I have always got a refund. Someone told me that if you didn’t owe anything on your taxes that you would actually [...]

I have just recently won $500 dollars cash prize at a contest at my work. My work taxed the cash prize…. I thought that the taxes start at $1000. Could someone clear up the Tax Rules on Cash Prizes less than $1000 in Pennsylvania?

Can taxes be (forcefully) amended if the divorce decree states that the divorcees file jointly for a specific year, yet one spouse acts quickly and files separately claiming the children anyhow – against the court settlement?

I am planning to buy my first home and there are some homes which have property taxes around 3k-4.5K /year
There are some newly constructed homes(2004-2005 model) and they have higher taxes of around 6k – 7K/year.
1) Is it worth buying these newly constructed homes with those higher property taxes ?
2) Any other pros & cons [...]

I’m planning on getting a job this summer, and I was wondering what taxes would be deductible from my pay check, just to get a rough idea of my actual earnings. I’ll be working in the state of Illinois by the way. Thanks!

1.I am not sure,so I ask. After the federal and state taxes on your lottery winning is already paid,does the IRS tax you anymore?
2.What do you think about taxes on lottery winnings? Even though,buying a lottery ticket is the same as a voluntary tax.

I am a single with no dependents as far as tax stuff goes. If I get a job, how much of my paycheck will go towards paying taxes in Arizona and Federal taxes? I want to try to calculate how much money I would be earning.

I work part time for a friend and I am paid 100.00 per week. I have been working for one year. How do I provide this information on Turbo Tax? Also, I am curious if I would still be able to get a Tax Refund. I realize that I will have to pay about 700.00 [...]

The 17yo will check on his taxes that someone else can claim him. The parents of the 17yo will claim him on their taxes. Who gets the tax rebate? The 17yo filing as an individual, the parents claiming the child, or both?

The taxes i owe are not much maybe a couple of hundred dollars, also i have a small refund this year, will the IRS take my refund this year and will they take my rebate off $300 (that everyone is getting) until the back taxes are paid? Should I just not count on getting a [...]