 How much do you get paid..? |
| an hour if you make $30,000 a year?... |
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 When you received social security income, do you have to report it to the IRS? |
For a married couple that are 68 & 64 years old and have received 24K in Social Security benefits, 3k in pension distributions, and 2K in interest income,
is it required for them to ... |
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 Do film stars and singers get taxed?!? |
| it only seems fair since they dont need the money and we have to pay tax when we need it!... |
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 Do You Have To Pay Tax If Under 18? |
Hey there,do you have to pay tax when you have a job if your under 18?
and also does anyone know the limit of how much you earn when you are required to pay tax,i heard if you earn 120 a week or ... |
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 How much of your money goes to the tax man? |
I was trying to work out, on average, how much of your earnings ends up with the tax man.
Income tax hits you for about 25%, but then purchase tax on anything you buy is another 20%. If ... |
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 Tax Returns 10 points to best answer? |
| If my son worked last summer and earned around $2500, and is dependent and in college, does he need to file a tax return? If so, which form?... |
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 Why do we have to pay more tax the more we earn? |
| Why do we have to pay more tax the more we earn? I think that we should have to all pay the same tax and those of us who have higher paid jobs will actually benefit. It would not make the poor any ... |
|
 How do you feel about welfare? |
| I work at a grocery store and I see all kinds of people. But the worst are the ones who are rude, loud, have horrible hygeine and have no idea how to act in public, and not to mention missing teeth. ... |
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 Has anyone got their 2008 tax rebate yet? |
| I filed and had our tax refunds direct deposited. We haven't got anything yet has anyone else? How are they determining who gets what and when?... |
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 Council Tax!!! How much are we all paying? |
| I am paying £109 in Cornwall, for a 2 bed private rent house!... |
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 What if you put too much postage on a letter? |
| I did not want to wait in a long line to mail my taxes so I put 3 postage stamps on and called it good.... |
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 Do you get taxed extra on a 2nd job? |
| I work full-time but I want to apply to do some casual p/t work in the evenings. I realise that since my personal allowance and portion of lower taxed pay is already being used up by my current ... |
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 Explain 92% Income Tax?!? |
I was looking at Income Tax in the USA, and in the 1950s during the Korean War, it reached a peak at 92%.
Now that just shook me up. That's ridiculous. Say that your making 1,000,000 ... |
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 What wage would you be happy to earn? I do not mean silly celebrity money but a reasonable sum which would ? |
| mean you and yours could live comfortably but not the lifestyle of the rich and famous - lol - ie something not unachievable!... |
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| Can you claim your spouse as a dependent if they were unemployed the entire year at home with the children? |
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 |
 
RomeyM
|
Yes, I stayed at home with the kids for 3 years and I was claimed as a dependent all three years, should be no problem. |
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EK
 |
I've been doing taxes for many years and I have a degree in Accounting and I specialized in taxes. You CAN NOT claim your spouse as a dependent. Your spouse is just that - your spouse. You are his/her spouse, not their parent. Working or not, you don't get an extra "dependent" because he/she was unemployed and staying home with the kiddos. It would be nice if we could, but unfortunately, all you get is to claim her as an exemption, just like yourself. Look it up in the 1040 instruction booklet or call one of the free tax help lines the IRS sponsors. If you want to take the advice that all the others have provided and try to claim your spouse as a dependent, try it and see how quickly Uncle Sam comes knocking on your door with his hand out... There is no place on the 1040 form that lets you claim an adult as a dependent child because they were a stay at home spouse. Good luck to you! =) |
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Mrs. WC
 |
YES! And you should file as "Married Filing Jointly". This will net you a bigger refund or at the very least, give you less taxes to pay in.
I was a stay at home mom for years. I proved to my husband that he would NOT get a refund and have to pay taxes in if not for us. :) |
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Judy1
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A spouse is never claimed as a dependent. But you can file a joint return, and get an exemption and standard deduction for each of you, even if one person made all the income for the year. |
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KissMyBuk!
|
I stayed home the whole past year because i was preggo and had a baby. my grandmother teaches the tax class at h&r block and works at a special, more expensive one (H&R Block prefered) or something like that. i called and asked her that exact question a few weeks ago, and she said no, we should file "married, filing jointly" to get the most $ back. we got a tax loan from H&R for $500 (the max) we were expecting to get about 5-6,000 back. (just our guess) we are getting 9,000 not including state taxes. also, H&R block said that they could add mine into his and they would give up another $500 that day. I do not know what they could have "added in" since I didn't earn a penny, but they did and said I was approved 10 minutes later. it has NOTHING to do with credit, i mean, they do not check your credit, but i chose not to get my $500 then because it would have been "extra money" in my mind and i would have shopped! so it can wait. but if you need $500-$1000 today go do a tax loan, all you need is your last paycheck stub. i am not going to file my taxes myself this year. i will wait until i have some income earned in this year and file for 07 next year when it's tax time. that's legal. and that's my suggestion. and DO NOT claim head of household! do NOT. that's what my grandmother said. and we did it her way and we are getting back way more than we thought. i see you got a lot of different opinions. mine is right, i have talked to a professional, and started the process. call H&R block and they will agree. |
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lunatic
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How hard is it really to open the 1040 instruction booklet and read who can and cannot be claimed as a dependent? |
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Ivy G
 |
oh yeah... |
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katydint
|
YES!
Thankfully!
Don't forget your EIC (Earned Income Credit), for working parents. |
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john m
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I don't know If You can't . but You surely SHOULD. |
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bedu
 |
that's a BIG YES!!!
she "depends" on you and your income...as do your kids. |
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cwilliams22803
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I believe you can. You fininacially took care of her while she stayed home with the kids. I think my hubby does that with me. |
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sub0k
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You sure can and should! |
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Solange
|
YES! Don't forget to claim head of household too! |
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Nikki
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Yes as long as she/he is not working outside the home, you can. |
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the paper xpression
|
..and without a job yes. |
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parker
 |
yes u can b/c u are supporting the whole family. u should do it b/c u will get a bigger refund. |
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GO TO HELL
 |
If she was unemployed and mooching off you all year long, then she was, most definately, dependant on you.
Seriously, though, the answer to the question is yes, you can. |
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