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 Can i claim my newborn as a dependent?
My wife and I file joint, our son is 5 (was 4 in 2007) and our daughter was born in october 07. is she claimed as a dependent even though she wasn't here for 6 months of the year and so should ...


 I filed my taxes on Feb 1 by turbo tax and was told that I would have my refund by Feb 9th. It didn't show up
...


 I was taxed at 16, how do I get the money back?
When working as a waitress, I was taxed, although I shouldn't of been because I was still in full time employment. When i realised i was being taxed, the boss told me I would be able to claim ...


 If I make $26,400.00 a year, how much is that per hour?
how much is that per week?
how much is that per month?
(After taxes)
I have 2 dependents I live in Queens, NY, I am head of household, and I work in NYC.
Thanks in advance....


 Why is a tax refund from last year considered taxable income this year?
So, I'm not looking for specific tax advice because I've already filed my 2006 taxes.

But I'm still left with wondering what the answer is to this question.

We ...


 Do I have to pay federal income tax? I just saw a startling dvd called Aaron Russo's America?
This dvd movie explains that there is no statue law that requires a person to pay federal income tax.
Additional Details
also find me the law that states that please someone....


 If a computer is about 1299.00 and the tax is 7.5 of the total.About how much would it be total?
...


 HOW CAN I GET $800 BACK ON MY FEDERAL RETURN WHEN THEY OnLY TOOK OUT $300 FOR THE ENTIRE YEAR?
ON MY W2 IT SAYS I ONLY HAD $300 TAKEN OUT FOR FEDERAL AND WHEN I DID MY TAXES VIA TURBO TAX, IT SAYS THEY ARE GIVING ME BACK 800. I KEPT GOING OVER THE PORTION THAT MADE THE AMOUNT GO UP OVER AND OVE...


 What should I claim on my w-2 form to get the least amount of taxes taken out of my paycheck?
I am single with no children and currently have one job....


 My mother lives w/me. I provide full support. Can I claim her as a dependent on my taxes?
She gets monthly SS check (small) and has interest from a savings account as her only income. I fully support her, heat, food, cable, phone etc etc....


 Can someone buy a saving bond in my name without me knowing?
...


 My bank says i lose 20% of my ira roth, if i close it before 59 1/2. i thought it was 10 % of the interest?
how can they take 20% of the principal?...


 Stimulus check HELP! Married filing jointly (I am a stay-at-home mom)??
I read that married filing jointly with an income under $150,000 will be eligible for a refund check of $1200.00. My hubby made no where close to this amount. I am a stay at home mom of a 2 yr old ...


 How much does H&R block charge to do your taxes?
Thanks for any ...


 Is it true that foreigners in the US don't have to pay sales tax OR property tax?
If this is true why isn't it a bigger political issue? I own a self storage business and property taxes are our largest expense. If a foreigner could avoid these taxes they would have an ...


 Can my son's father claim him on his taxes?
My son's father wants to claim him as a dependent. He says that since he pays child support (a whopping $300 a month) that he is entitled to, and will take me to court if I don't agree to ...


 The earned income tax credit makes me sick. How can we get rid of this?
It baffles me that just because you don't make a lot of money and happen to have a kid, the government can actually pay you! I can see giving people a break and lowering the taxable percentage ...


 Hello i have one child and will claim head of the household?
how much will i get back on my 2007 taxes and i make 29,000 a ...


 I am 34, full-time student, parent of two kids, what benefits, tax credits, income support etc can I get?
I joined university last Oct and will be finishing my course in summer'08. I had some savings to pay for my fees partially and now I am bit struck with my finances. I have already got Career D...


 When someone says $40k, what does the k mean, I am from Australia?
...



mikeleemer
Do I have to have all my receipts and documents for deductions if I go to H&R Block or?
is just having my W-2 form sufficient?

And am I allowed to just dictate to the H&R Blockl tax preparer all my deductions?

Thanks!
                     
 




Soror Kate ART VT
You are certainly allowed to simply tell me what most of your deductions are. If you have deductions for which you were sent a form, mortgage interest for instance, it is best to go ahead and bring the form, because there is additional information that we could need. But if you're talking about mileage or education expenses, then you can just tell us.
However, it is likely that your preparer will make a note in the computer (not for the IRS, but for Block) that you dictated the deductions. We commonly call this "reading them off the wall" because many taxpayers simply make the information up. when this happens, to cover ourselves, we make a note of it. Doesn't go anywhere, but if you're audited and found to be deficient, I'm not going to take heck for it.
The job of a tax preparer is to properly prepare the return using the information the taxpayer gives. We ask a lot of questions, and ensure that the information you give is properly reported. But it is not our job to act as an auditor. We take your word for most things, and will let you know at the time of tax preparation how to store the records and what you would need in the event of an audit - just in case
Good luck, and may you have a blessed day, and New Year!


Judy1
You'd be wise to have documentation for your deductions, but if you just tell the Block preparer about them they might take your word for it. YOU are the one responsible for the accuracy of your return, not H&R, so if anything is questioned, YOU are the one on the hook for it.

If you have mortgage interest and real estate taxes, you'll get paperwork on that anyway from the lender. State and local tax info will most likely show up on your W-2, also things like union dues. The rules have changed on charitable deductions and now you need receipts. For most deductible items you would have paperwork anyway, so you might as well take it along to the preparer.


Gary
Take all of your documents with you. If you have any doubt take it with you. You might forget various amounts of money or dictate the wrong figures.


Mark S
Rating
H & R Block does not audit your return. What that means is they do not require all documentation fo enter deductions on your tax return.

You are required to provide documentation to the IRS if you ARE audited by them.

Be aware, however, that if you are audited and cannot provide proper documentation to the IRS, Block is not responsible for penalty and interest.

Block's computer program allows its preparers to enter notes about a client that are not sent to the IRS, but are retained for the following year. Preparers use these notes if there is information that they need for the following year's return such as capital loss carryovers and IRA contributions made. They also may use the notes for suspicious deductions such as mileage or deductions that were "the same as last year"

Also note that Block preparers (or any other preparer for that matter) is not allowed to file which is known to not be accurate. This means that if you tell us that you have an other W-2 comming or other income that you don't us to report, we cannot prepare the return. We are not allowed to report this to the IRS either.


ninasgramma
Yes, you need to have all your receipts and documents for your deductions. Your professional tax preparer is not required to examine those receipts and documents, other than the IRS documents that have been sent to you such as Form W-2 or Form 1099.

If you lie to your tax preparer, and sign your filing documents, then you, not the preparer, have committed fraud. The preparer is not responsible in any way for this, as the preparer only certifies that the return is accurate based on the information provided.


v b
If you claim deductions when you don't have receipts, this can sometimes be seen as fraud by the IRS. This can keep the statute open forever.

And if you aren't ready with your receipts NOW, you will never be ready with them if the IRS asks to see them in an audit.

Organize the receipts. Make a cover sheet with the totals and take everything with you when your taxes are done.


Lisa F
They want all of your receipts because if you turn in a form without it they could be liable to a certain degree.


chasetwins05
Rating
They will want every single receipt - if you do not have a receipt you cannot deduct it.

This is because they are liable for the preperation of your taxes.

If you get audited - the IRS will want every single piece of paper you have to prove what you were paid and or what you deducted.


Maxine H
It depends on how much money that you would like to have returned to you. If you make over a certain amount. It may be five thousand, it could save you a lot of money. You need to have to have all your deductions as much as possible, but if you don't have them, the workers will interpret them and estimate them with you. When you actually need the deductions is when IRS comes to your door and says they need them to evaluate your case. Then you better be able to find all of them. I keep mine in a bag and collect them all year long. I keep them for more than five years. I have never had to show them to the IRS, but they are safe and ready to be checked over at any time.


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