 Is 5,100 income per month enough to live on? |
for 2 adults and a baby?
Our rent is only $533.... |
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 If I am single and made about 11K income last year , paid about 300 in income tax,? |
| will I get one of those rebate checks? How much? I really need the money to get some new contacts as I can't afford to buy any new ones, I want to use the money for an eye exam and contacts ... |
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 Is there a tax on long-term capital ganins by selling shares? I mean shares held more than 3yrs.? |
| Recently l sold some of my shares which is old more than 5 years. Is there any tax I have to pay for the profit? Also what is the tax liablity for the short term gains i.e. shares sold within 5to 6 ... |
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 Is it possible to pay your employees with cash in the state of New Jersey? |
Employer is an adult movie making business.
Employees would be the cast and crew.
Additional Details
The company will keep a record of all payments for tax purposes.
L... |
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 Is there a form/place you can fill out to legally not have to pay federal imcome taxes?? |
| I have been reading and researching this and have come to the conslusion that there is not a law which gives the federal government the right to collect federal income taxes. I was just wondering if ... |
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 How do i stand when renting out flats and paying tax on the income.....? |
| the 2 flats are mortgage free and they are ready to rent but i've been told i have pay tax on this, this cant be true. is there anyway i can get out of paying them tax?... |
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 Is it wrong to ask "wealthy" people to pay more in taxes % than the average person? |
| Asking the wealthy to pay more in taxes is unfair. You are probably richer than someone you know, should you pay more taxes than they do? Why cant it be a flat tax? A percentage is fair. If you ... |
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 Non custodial parent wrongfully claiming child on taxes? |
| What do you do when the non custodial parent wrongfully claimed the children as dependents and filed their tax return first. My E-file was rejected because my dependants had already been claimed. I ... |
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 How can i surrender the current pan card and get a new one? possible? |
| i want to surrender my existing pan card and want to get a new one.is it possible?... |
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 TAX. If my wife’s sister only works for only 1 month, can she file her 2 kids (both are under 18 years old)? |
Here’s their situation.
My wife’s sister and her 2 kids just came from the Philippines in late October. She just started working this week.
She is 38 years old and lives with her Dad ... |
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 Does anyone use Turbo Tax, and if so what is your opinion about it? |
| Did you have any problems, was it easy to understand, was you able to do both state and federal taxes, is easy to incorperate 10-99's , would you recommend it?... |
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 I need a real answer, FAFSA related? |
| If a friend's parents are refusing to give the information required for the student to fill out the FAFSA what can the student do? Specifically, what are the steps that need to be taken to fill ... |
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 Do married couples get a bigger tax break than non-married people? Or do you get more back as an independent? |
Do you get more back on your refund if you aren't married or are you more likely to get more back as a married person?
Additional Details
not talking about the credit for having ... |
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 Does social security give bonuses directly added to your checking account? |
| because i recieved a phone call from 1 (104) and thats all it showed on my caller id.so i answer it and its a guy who goes by the name jordan williams and he says hes from the Department of Social S... |
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 Tax question? |
| My mom always does my taxes, and this year she said she was going to claim me and my son so she would'nt have to do as much paper work and she'd just give me the money. She gave me five ... |
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holla at me | About bush and his stimulus my girlfriend and I were sitting here estimating our tax refund ? |
and how much we would get back this year. and she noticed that they ask how much did you get back for the stimulus last year. and she put in how much she did then she found out how much she would get, then she went back and did it all over again and this time she hit the didn't get a stimulus and looked at how much she would get she would get like 500 more, so she thinks that we are paying the stimulus back with these taxes? does anybody got any input or know anything about that situation? thanks a-lot2 |
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Gatsbi007
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And if you try to lie the IRS will catch it and just reject your return. |
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Rachel
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No, that isn't what is happening. If you didn't get the stimulus the first time around, then you can get it now. Since she put in that she didn't get it, the program is adding that to her current refund. You are not paying the stimulus back; that is in addition to whatever refund you would normally get. |
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firedraven
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She's not paying it back - she's just not getting it twice. Despite the huge media blitz done in 2008 to encourage families to file tax returns for their stimulus package etc etc the government understands that some persons may have been missed. As a result, this year they are giving an additional credit to those persons who didn't receive a credit last year but qualify.
If you girlfriend fails to admit that she got a stimulus payment last year she will be receiving double the payment and may end up barring herself from future stimulus packages (and they are expected in 2009 with the new administration) for several years. This is very similar to the way people who claim the EIC when they don't qualify are barred from collecting later. You should encourage her to include this payment in her 2008 taxes to ensure she receives any future payments. |
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Jenny
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Here's a Q & A page about the recovery rebate credit.
http://irs.gov/newsroom/article/0,,id=201641,00.html
The stimulus payment you recieved last year should not affect your tax return. The tax return software does ask how much your rebate was, but that is to determine if you are entitled to more of a rebate. Most won't be, unless they had a new child in 2008 to claim or were no longer claimed as a dependent. But you do not have to repay an overpayment |
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v b
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You only get the stimulus ONCE. Some people didn't qualify last year, so they get a 2nd chance when they file their 2008 tax return.
You are your girlfriend are making the common mistake of playing with the field and assuming that if you put in $0 and then $300, that you are somehow paying the $300 back. Stop playing with the field--if you got $300 you *have* to enter it.
No one is paying this back.
PS, due to the way the stimulus is handled, if your girlfriend were to accidentally try to claim the stimulus twice, the IRS will automatically change it to the amount she received and then she'd get a letter saying she'd made a math error on her return. |
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ஐ♥Serenity's Mommy♥ஐ
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you are not paying back the stimulus.
What they are doing is recalculating your stimulus.
If you would have qualified for more based on your taxes this year, they will give you the difference. If you don't qualify for more and you got the right amount last year, they take it back out of taxes so they don't over pay you.
Do not lie about how much you got in the stimulus, because they have a record showing how much you got already, and the IRS does not like when you try to fool them. |
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Dave
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I did my taxes already and when it asked me about my stimulus and entered 600 it did not add or subtract any money from my tax return. So the answer would be no. There must have been something you entered that changed the figures. Thats it. |
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suzwiz3
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The stimulus comes from your taxes. If you got a stimulus check, then you will get that much less back from your taxes. You never get anything for free. |
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