Why do I have to pay School Taxes when I have no children in the School. My School taxes are $6000 this year? |
Additional Details There has to be a limit though. I have paid school taxes for a long time. I bet no one stops you to say here.... you can drive on my smooth road... give me $6000 ...... |
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2004 state tax not filed what do i do? |
| my friends father didn't file his 2004 state taxes.what is the process called that he will have to use?... |
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India-Incom tax-What is the period for incom tax calculation? Is it March(yy) to Feb(yy+1)? |
| What is the period for income-tax calculation in India? Is it same as the financial year or different? Is this period 'from March of previous year to Feb of present year? or from April to March ... |
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Help with council Tax?!? |
| I moved into my new flat in Nov 2005 and have paid the man who owned the bulding rent every month , assuming that the council tax was being payed. he lives in another country and assumed that I was ... |
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When do taxes in california have to be filed? |
| i need to know the dead line for filing my taxes in the state of california because i haven't filed yet,i haven't even made an appointment yet......... |
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What web site tell me what benefits i can claim? |
| i nor my wife working now, have 3 kids, live in private accomadation, where can i see what benifits i and my famaily can claim on ... |
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Did anyone recieve their tax rebate checks yet? |
| The schedule said we were supposed to get it no later than May 5th buy direct deposit. It is now the 6th and nothing yet!... |
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Income tax (oh bloody hell)? |
| would i get taxed more if i get paid fortnightly?... |
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I actually got my rebate check deposited today. Anyone else? |
| I wouldnt let myself believe it until I saw it there myself. Will be paying some bills.... |
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Claiming seven dependents on taxes? |
Is it possible to claim 7 dependents on the tax forms?
Is there any reason or benefit for this? We have a friend who does this and I dont think he has seven dependents. His wife works and ... |
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How would you fix the IRS and taxes and our economy? |
Additional Details what about paying taxes to your own city. for its welfare and its main employees. Let the city pay taxes to the county to the state and the states only give ten ... |
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National Insurance Card? |
| What do you do if you loose it?... |
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How can I turn someone in to the IRS for not taking taxes out on an employee? |
| My best friend is working in a sawmill and they are not taking taxes out on her and I think it is bullS**t. How can I turn them in for this???... |
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Is it possible for a greater tax refund (due to credits) then the amount that was actually taken? |
By taking the following credits:
Credit for Child Care Expense
Child Tax Credit
Earned Income Credit
Additional Child Tax Credit
while claiming Head of Household, ... |
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Can a person thats certified as having multiple personalities...? |
| Can a person that's certified as having multiple personalities file an Income Tax exemption for each personality?... |
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What are the advantages and disadvantages of getting your taxes done at H & R Block? |
| I see a lot of commercials on television about H & R Block about getting your taxes done there. Although I have heard that H & R Block has a good reputation of doing your taxes and getting ... |
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Linda E | Can you file taxes if you had no income, but paid property taxes? |
I didn't have any income this year, however I paid proprety taxes as well as a mortgage that was mostly interest. Can I file or should I file taxes for the year? Why or why not? My thinking is that I should get something back for my property taxes no?? |
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Judy1
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For federal taxes, you don't get something back because you paid mortgage interest or property taxes. These are deductions that reduce the amount of income that you pay taxes on. Since you don't have income, there's nothing to reduce, so there's nothing to file on and nothing to be returned to you. Some low-income people are eligible for the Earned Income Credit which can give them a "refund" even if they didn't pay anything in, but this requires having EARNED INCOME.
Some states (PA is one) have a property tax rebate program where you can get some of your property tax rebated to you. This is usually just for people over 65 with low or no income. |
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SDD
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You can't have taxable income below zero, so if you have no earned income, the value to you of the itemized deductions is nil. You literally had NO income? No interest, dividends? The money you paid for your mortgage and property taxes had to come from somewhere. Are you keeping it in a mattress? |
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vegas_iwish
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No. You don't get back if earned nothing. Nothing to get back. How did you get the money to pay the taxes? |
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Mahal
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If you had no income, you had no taxes taken out that you can claim as a refund, right? And if you have no income, you won't owe any taxes.
So there's no reason for you to file.
(A_Kansan is correct, you can sometimes get money back that you didn't pay in in the form of EIC or additional child tax credit. The problem is that you have to have children, AND you have to have at least some earned income.) |
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caldwemj
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You can always file an income tax return; however, if you had no income you may not have to and I would have to know a little more about your financial situation to determine whether you should file one or not. If you are in doubt, I would suggest talking to a local CPA or find other local tax help.
As to getting something back for the property taxes, if you had no taxable income you will not be able to get any federal tax benefit for mortgage interest or property taxes. Both of these are Schedule A itemized deductions and can only be used to reduce your taxable income; however, your taxable income cannot be less than zero. There are, of course, exceptions to this rule, but property taxes and mortgage interest are not among them. |
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Rainy
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if you didn't pay any taxes to the IRS then you have no money to be refunded to you. the only way you can deduct the expense of property tax and interest is if you have paid, if you didn't earn any income then you probally havn't paid anything to deduct those expenses from. It's a income tax refund and the only way you can get a refund is if you paid income taxes. |
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spicertax
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Only a few states like Missouri allow taxpayers over age 65 to get back real estate tax refunds if they have low or no income. That is it. |
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Shannon L
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How do you pay for things if you have no income? You must be getting money somewhere. That or you're a great saver. |
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A_Kansan
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If you have children and you meet income levels, you can get an Earned Income Tax Credit. This is sort of a reverse income tax. I know families that got as much as $6,000 in return.
Contact a tax preparer. They might even loan you the amount of your return, and not charge you for preparation.
Good Luck. |
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john_carlton04
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file. of course the IRS might wonder how you paid mortgage interest & property taxes with no income being reported... |
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