 If you make any money in 2007, can you file taxes in 2008? |
i've only worked since september.. so do i file taxes or no.. and plus i have taxes i can file provided by my college
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well ok.. i got paid 1798 because i just ... |
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 How much are taxes on a gift of cash? |
| What would taxes be in the US on a substantial (maybe $40,000) gift of cash made to someone? Would both the giver and recipient be charged taxes or penalties?... |
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 Renting our UK property out and moving overseas. TAX ? |
Hi my husband and I are moving to Australia in December and we are going to rent out our property we have been told we would have to pay Tax on the rental income.
1. If we only get enough to ... |
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 Is there a law that states we have to file a 1040? |
| Is there a law that states we have to pay or file a tax return ?... |
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 Im a single mother with one chlid and made only 8,200 this year and turbo tax is telling me im only getting? |
back $453and I dont qualfy foe EIC for my one child does that sound right Im sure I should get more then that back with all of the new tax refunds
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Thanks for all of ... |
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| Okay so let me get this straight!! if my taxes were prepared by a tax preparer? |
| and it was direct desposited and fees taken out, I will get a paper check right?... |
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 What happens if you pay to use someone's kid for tax credit? |
| Several people at my job are offering various people's children for tax credits for a price of $400-500. They provide SS# and other info. They get back a lot more than they would without a child.... |
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 Benefit help?? |
| my partner and i live in a council home, my partner has lost his job but i still work part-time 19 hours at minimum wage, we have a young child. Also i was wondering if my partner and i are entitled ... |
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 Tax return? |
| according to my last check stub......my gross for the year is 35,521.........my wife made about 8 grand....i got married this year, i also bought a house in february.....i married into 4 kids............ |
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 Can you and your spouse claim the same children as dependents if you both provided for them for 2007? |
| My spouse and I are filing 'Married filing Separately' this year and was wondering if we could both claim the children as dependents since he paid for the childcare and some of the clothes ... |
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 Do I have to pay taxes if I have large amount of deposited in Bank of America? |
I have Bank Of America checking account, and I have a large amount of money transfer from my PayPal ( about over $2000/month ). Do I have to pay taxes although it is not my income?
(I will ... |
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 Employer won't send my W2's? |
| I left my last job which I was at for 7 years, I moved, and my employer won't send me my W2's. I am still in contact with a girl who works there still, as a friend & I gave her my ... |
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Viennacardinal | Can a non-licenced daycare provider (like a family member) be used as a tax write off on your taxes? |
Does the write off only apply to licenced daycare providers? |
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Judy1
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You can still get the credit whether they are licensed or not. The provider has to claim what you pay them as income on their return.
There are a few rules though if the provider is family in order for you to be able to deduct it. The provider can't be the other parent of the child, or a dependent of yours. |
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Dee
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Can't be a spouse, parent of the dependent, or your dependent. If it's another child they must be 19 or older. See the instructions for form 2441 at the following IRS link (#4 on the left on page 2)
http://www.irs.gov/pub/irs-pdf/i2441.pdf
In order to take the deduction you need their social security number. They will also be expected to report the income on their tax return. If they perform the services in your home, you may have to pay employment pay taxes, see Household Employees: http://www.irs.gov/publications/p926/ar02.html#d0e95 |
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ninasgramma
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The daycare provider does not have to be licensed for you to take the Dependent Care Credit. There are limitations on hiring a relative.
In particular, you cannot hire your spouse, the parent of the child being cared for, or a person whom you can claim as a dependent. If you hire your older child to care for the younger child, that older child cannot qualify as your dependent and also must be at least 19.
The non-licensed daycare provider will not be able to take a deduction for business use of home. Only licensed providers can take that deduction. |
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bostonianinmo
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You may use anyone you wish as long as they are not listed as a dependent on your tax return themselves. |
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Mark S
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Bostonian and Jessie are correct. I would like to add that if the daycare provider earns more than $400 they will be subject to self employment tax as well as income tax. |
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stephenweinstein
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You do not get the child care credit if that's what you meant.
The family member might qualify as your dependent, in which case you would get the exemption, but that has nothing to do with whether you use the person as a daycare provider.
Also, (1) if you pay someone to provide daycare in your home, they are a household employee and you are supposed to withhold taxes and to pay social security and medicare taxes on what you pay them and (2) if they are providing the daycare elsewhere (including their home), they are supposed to be filing the appropriate tax forms for their "business" profits, even if they are unlicensed. |
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Jessie K
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yes you can use it as a write-off. Make sure that the person is aware that you are going to declare what you are paying because they will have to declare it themselves as well at year end. make sure you give them receipts for the services they provide. hope this helps. |
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cutie420311
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check the IRS website, but probably so, if you have receipts |
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