Rebate paper check question? |
What does it mean if the Irs website says my check will be issued on may 15? It gives my amount but I have never received a letter. So does that mean its getting mailed out or should be here? A... |
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My tax teacher said I don't need to file? |
| Okay, Last year I had a part time job as a data entry clerk and was paid as a independent contractor (1099-Misc) I only made a little over 2grand, I asked my taxes professor If I had to file a 1040, S... |
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Rebate check? |
| I am a single parent I have 1 son who is 16 and two daughters one is 19 and my other child is 23, My 23 old daughter works part time and files taxes on her own, and my 16 and 19 I file there taxes ... |
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Anyone tried to get Child Tax Credits ? |
| I have been trying for days to get through to Child tax Credit line, anyone would think you could request a form on line, but no joy , and every time I try the phone link, I get told try later, and ... |
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How can I change to get 1099 instead of paying employee taxes? |
| If I coul invest my money instead of apy social security I would have a more stable future.... |
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When can my parents no longer claim me on their taxes? |
| I am single, 19, a full time student and I work part time, I made over 4,000$ this year but I still live at home. Can they still claim me when I make over a certain amount of money? If you would, ... |
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Can anyone help me with benefits that i will be entitled to? |
| i have just found out im pregnant with baby no 4. my husband and i rent our home and live in wales. i have worked since i have left school whilst my hubby has been a househusband as i earned the ... |
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What if everyone raised their withholding and stopped paying taxes because of the economy? |
| I am feeling the pinch - just like the banks and automakers. If I stopped having fed tax withheld I would be better off. All I have to do is claim more exemptions. Then I could whine that I can... |
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I got a paper on the mail about my stimulus refund saying that I'm getting 608 dollars!? |
| I only made 17,000 and I have a child that I claimed on my taxes I don't get it, I thought I was getting 900 like everyone else! what happened?... |
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Why is my stimulus deducting my return? |
So i just prepared my taxes and instead of receiving $284 i OWE $316 when i remove the stimulus from TurboTax's questionaire i get the $284.
So being the IRS stated that it will not ... |
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Am I a dependent if I live with my parents but have a child? |
| My son and I live with my parents and they pay the mortgage, but I pay for all of my sons food, medicine, clothes, diapers, daycare and medicine. Am I still there dependant?... |
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Can an former employer with a stick up his butt refuse to send a former employee their W 2's? |
| I had a falling out with an employer in early 2007 i just got sick of the place... I did no damage or stole anything.(i told em off... i will admit that). I was only about 6 months (but it was ... |
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What is another word for accountant? |
What is another word for accountant, other than bookkeeper or CPA? Additional Details Something less cartoony that some of those. We need more that a bookkeeper, which brings us ... |
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Can I get a W-2 from my employer in the middle of the year? |
I need a proof of residency to get a drivers license. Can I ask my employer to send me a w-2 as soon as possible? Additional Details Here is my problem. My apartment includes all ... |
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Jim S | At what age to you have to start filing tax returns? |
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taxgal2007
 |
A person should start filing tax returns as soon as they have income to report, regardless of age.
The benefit of doing this is to establish RRSP room on earned income, and to claim back any overpayment of Canada Pension, Employment Insurance premiums and federal and provincial income taxes withheld from source deductions.
Anyone who has earned income below $2,000.00 annually would be entitled to an EI refund based on the EI withheld at source.
Anyone between the ages of 18 and 70 years old who earned less than $3,500.00 would be entitled to a CPP refund based on the CPP withheld at source.
Anyone who earned less than $8,839.00 in 2006 would be entitled to a refund of federal tax, and if that person earned less than $8,377.00 would pay no provincial tax whatsoever.
Anyone over the age of 19 who files an income tax return may also apply for the GST credit. Eligibility for this credit is based on net family income (line 236) of the T1 General Income Tax Return.
If you are a first time filer, you must submit a paper return to CRA, once you are established in CRA's system, you may be invited to telefile or netfile future income tax returns.
If you are unsure about whether you are required to file a 2006 T1 General Income Tax Return, you should contact CRA (Canada Revenue Agency) general inquiries at 1-800-959-8281. |
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CanadianBlondie
 |
If you have taxable income that is high enough for you to owe taxes, a return should be filed for you.
You basically have to file if
a) you would owe taxes,
b) you or your spouse are claiming credits like GST, or
c) CRA demands that you file.
Even infants can have tax returns filed for them, if they had investment income high enough that they owed taxes (obviously someone else files it for them). |
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Alexander K
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You have to start filing tax return as soon as you have income. It does not matter what age you are. If a 13 year old child has money in hes/her saving account and earns interest on it, the parents should file tax return on behalf of that child. I think there is threshold of $600, if you earn less than that you don't have to file. But the point is the age does not matter at all. Only income matters. |
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mikey50ways
 |
At 16 yrs old. Thats when you r legal age to work. |
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nbr660
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As soon as you pay taxes |
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Barkley Hound
 |
There is no age limit or dependent status. If you earn over the minimum required then you must file a return. The only exception are some interest payments that can be included in parent's returns. If a one month old appears in movies and is paid then taxes must be paid and tax forms filed. |
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muñeca
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When you start working.
If you made at least $8,200 this past year you are required to file
if you are 14yrs old your parents can field your return with theirs |
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dymps
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When no one claims you as a dependent anymore. That could be at age 25 or age 18. Parents can claim their children while they are in college until the age of 25 or the individual can start filing for taxes once they live away from their parents abode.
Hope this answers your question. |
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