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 Help inland rev gone mad i got bailiff's on the way want 9 n half grand for two yrs?
my accountant has vanished, he sent my tax return to the wrong office he says, i had the inland rev round, he was out of the country but promised he sent it now i got bailifs on the way for 9 and a ...


 I am 24 yrs old, and have never filed my taxes. Where do I begin?
I am 24 yrs old, have worked in 5 states, and have never filed my taxes. With all the moving I have done, I haven't always been around to collect W-2's... and then all the change of ...


 What honestly would happen if we raised taxes on Americans who make 250.000 dollars a year?
...


 Tax ? i read on here that there is no legal obligation.....?
to pay federal taxes. does that mean , as a Scottish citizen who worked in the US for 8 years. that i could legally ask to have my tax refunded?? are my chances of getting this back slim or none??...


 Should I file taxes jointly when my Wife didn't file her income taxes for years?
I am recently married and my wife filed her taxes for the first time last year (we were not married then) and she was suppose to get a refund but the IRS took 90% of her return back.

If I ...


 Will people receiving Social Security or Social Security Disability be eligible for thed $600 tax rebate?
Will people receiving Social Security or Social Security Disability checks be eligible for the government tax rebate this year?...


 Do taxes eat up a third of your salary?
I have been trying to figure out how to budget yearly, as opposed to monthly-paycheck to paycheck. My hubby makes $72k before tax and by my calculations, we only get $4k a month--$48k a year. So ...


 Why do some company's charge sales tax and some don't?
If you have the source to your information please list it.
Additional Details
what about online stores...why do some charge sales tax, while other online stores don't....


 Can you claim a child born after the tax year end?
Example: Tax year ends December 2007...Child born February 2007.

A friend of mind told me it is possible. What do you think?

No wise remarks please. Truthful, intelligent, ...


 I am married with a child. If my wife and I file tax return separately,who sould claim the child as dependent?
In addition, if we have a joint bank account, how should we split the interest?...


 Rapid refunding my taxes?
Can any accountant rapid refund my taxes last year i had it done by a company who didnt require there help be accountants taxes were messed.. This year id like to use a CPA but I am not sure if they ...


 How do i know if i need to file a state return for my taxes??
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 Can a CPA, who's not your accountant, look up tax info to see how much a certain family made a year?
It's a long story, just wanted to know what kind of access CPA's have
Additional Details
Ok, long story short, I wanted to know if my future father in law looked up to see how ...


 Do I pay taxes on family inheritance?
My Grandfather just passed away, and I have learned that he is handing down to me 20% of his stocks. When they are all sold, I will be getting approx. $70,000 dollars. Is this taxible? Do I have to ...


 Do i add my child tax to mine?
My 16 year ago just got a job do i conbine her tax with mine or what do we do . My child has been working for 3 months ...


 What will you be doing with your income tax rebate check?
will you stimulate the economy with it, like buying a HD flat panel television with it? or will you be selfish and use it for food, or drugs? or worse yet, pay off some high rate credit cards?...


 Can a 16 year old declare income taxes if no one claims that person as dependent?
this person makes about 15,000 a year, but is underage what do you ...


 Would Americans be willing to pay a flat tax instead of Income Tax?

Additional Details
A flat tax of 18% on all purchases/sales. The Illegals, tax protestors & All Corporations have no safe harbor because everybody pays at the cash register. The Nat&...


 What do I do if my employer has not paid any tax or NI contributions?
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 We have 3 people on are mortgage. Come tax time can I claim everything if they are cool with it?
I make the most money so I think that would work out best. is that true?
Additional Details
our not are... and yes I am gonna split it with them....



K B
Child Tax Credit?
I am seeking some info before we file our taxes. My husband and I just had a baby on December 7. Are we supposed to add our daughter on our 2007 Tax Return? Do you get a credit for children? If so how much?

Sorry if these questions seem so elementary.
                     
 




Nice one
Yes your child was born this year so you include it. Don't forget you can claim many of the medical bills depending on how you file. I strongly advise you to go to a place like H&R block so you can maximize in your deductions but have the guarantee they offer for help if there is an audit or legal issue over it. http://www.hrblock.com/
You can also check out this site> http://www.irs.gov/
Hope this helps. Congrats on the baby!


Lisa
Rating
Since she was born in 2007 you can claim her as a dependent on your taxes. This will give you a larger deduction, but since no one here knows your income, we can't determine whether you would be eligible for the child tax credit.


kimmp1
I'm not sure how much the actual credit is, but you do include your child. My son was born the 27th of December (he just turned 2) and I still was supposed to (and did) claim him. It does greatly increase your tax return. Congrats on the little one!


BOSSY
Yes you add her to your tax refund. Congrats on the baby :) i wish mine came sooner lol

Baby girl due "Jan 25"


Shanna J
Rating
Yes you get a credit for the new baby. It is as much as any dependant.

Congrats on your new addition!!


Benita
YES! haha I had my baby on Christmas last year and I added her to my taxes. It's a big chunk of money saved so do it. Do you have an accountant or do your taxes yourself? I use an accountant and he handled everything.


Judy1
Rating
Congratulations on the new baby. Yes, you'll claim her as a dependent on your 2007 return, and get a $3400 personal exemption for her. You will also get a $1000 child tax credit for her if your tax liability without the credit is at least that much - if your tax liablility is less than that, the credit would take your tax to zero.


yourdreamprincess
you may not get it. go the irs website. I think my credit is around $6,000. for one. but u might not get it til 2008. be careful, going thru a verification audit right now, the irs su c ks. their not elementary, your just too lazy to go and do the work yourself finding these things out.


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