Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Are there US states w/ both income tax and sales tax? are there any US states with neither?
just ...


 What do you really think of the 18.5 cent gas tax?
Do you really think taking the gas tax out will help this country?

Or Do you believe that the job lose would hurt the country?
Additional Details
Mister Mister I believe that ...


 Inland Revenue possible investigation?
If you have a company and you have paid all the taxes and you then pay yourself a dividend. Out of which you buy an asset, can the revenue take that away from you if they later find out that you need ...


 Tax return for multiple jobs?
Hi, I changed jobs in the year 2006. So Do I have to file 2 separate tax returns for my two employers? If yes, Can I claim a standard deduction on one tax return and a itemized deduction on the other?...


 Why is council tax so expensive?

Additional Details
parks are falling to bits, roads have potholes, schools are getting worse. Librarys why bother... Police, where are they when you need ...


 I have had a demand from the inland revenue for 7 grand but i have never been self employed in my life...HELP.
...


 My tax code is 522L, Ist his right when I am a student?
...


 Can I still file for my tax refund from '05?
Long story short, the s%%%ty business I worked for never sent me a duplicate w2. I tried endlessly for 6 months and they don't return phone calls--if they did it would be considered "their ...


 I earn £50 a week is £11 off that in tax alot every week?

Additional Details
tax code BR...


 Can I claim stepchildren?
My wife and I seperated last May and I wondered if I could claim them? She was not woking and I gave her bill money for the month of June....


 My son owes the tax man and is too worried to contact them - what to do?
He has paid his usual 18% on CIS each year but the balance owed has been left outstanding for a couple of years now - he is extremely worried about what to say to them and what they could possibly do....


 If my employer sched me 2 work 12 hrs on a holiday r they required 2 pay 12 hrs holiday pay or only 8 ?
i am a nurse at a non-union hospital. my schedule requires me to work 12 hrs. holiday pay is double time and a half. they only pay at that rate for an 8 hr shift, the remaining 4 hrs worked on a ...


 Can anyone show me the law or give me a link to it that states that we must pay federal or state taxes?

Additional Details
omg its a serious question,. can anyone point me to it or not?...


 How much longer must the rest of the UK pay for England's flood disasters? Higher taxes, higher insurance etc
All because the English decide they want to build houses on flood plains....


 Work-related tax deductions?
if i purchased work equipment on credit, at what point can i claim the deduction for my taxes? based on purchase date or payoff date? also, i have been told that a stolen automobile is deductible. is ...


 Is it legal for a person to state in their will that taxes expense, bill etc be paid before assets distributed
I am named executor and will states assets divided on a percentage basis after taxes etc paid.
One heir, a registered charity, claims they should get their percentage share before taxes. I know ...


 Y is the American Economy going from bad to worse, what r the reasons, and when will it sart picking up again?
...


 W-2 taxes..plz help?
I am a student with a pell grant. I work at a small family owned business. Whatever money we make, I am paid with. I live with my husband and his sister and we share our money from our pay at the ...


 What can I do about someone else claiming my son on their taxes?
My son only lived with my mother for 3 weeks before December 31 2007. She did not support him at all in 2007. She claimed him along with my step father on their taxes and recieved $2000.00. What can I...


 What is limit of money for income tax in fix deposit?
how many amount we can deposite in the fix deposit for tax ...



curious
Claiming my children on tax return?
I have 2 children and haven't worked for the year of 2008. Someone told me I could claim them,not having any income. Is this true? Can I get money back? How would I do this? Thanks!
                     
 




Aydens Mommy
Rating
yes you can claim them and yes (i'm pretty sure) you can file with no income and get the child tax credit.


nova_queen_28
Rating
Without income you haven't paid into taxes so you aren't entitled to a refund.
Also, earned income credit requires that you have income in order to get anything - - so again, your situation indicates that you wouldn't get anything here either.
What I would want to know is how you supported 2 children and yet had no earnings.


Kandy
No


Wayne Z
Rating
No income = No tax withhold and No eligibility for Refundable Credits = No Refund.

You can file a tax return but it wouldn't make much sense as you wouldn't receive anything.


OFFICER SEXY PEACH
if you had no income,no need to file a return.

don't listen to those rumors,they're faker than a 3 dollar bill.

edit:anybody has the right to file a return,but when you file your return and you get to the part where it says federal taxes withheld put a big fat 0 there and then when they tell you your refund amount expect to see a big fat 0 there also then.


Judy1
Rating
You can't get any money back by claiming them. Credits for children require having income.


RLE
No earned income means nothing to file on. Sorry, no refund.


cspanny
absolutely NOT. u cant file taxes w/o income...u could let some one claim them and split the money though.


Gatsbi007
Rating
Is this true? Yes

Can I get money back? No, you didn't pay anything out -- how would you get anything BACK?

How would I do this? Just print off a 1040A and fill it out.


Added: You can file a return without income. It is called a zero-balance return and new immigrants often file these to establish residency. They are filed for various other reasons too. Perfectly legal.

It is NOT legal to let someone else claim the children unless that person is the childrens' parent and/or legal guardian and/or claiming the mother on their return as a dependent.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.034
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy