 If you're getting a divorce during tax season how should you file? |
| My divorce will be final before tax season is over but I'm just not sure if it will be more beneficial for me to file while still married or to wait until the divorce is over. So I guess the ... |
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 Why is 32% taken from my pay for taxes? |
I got an increase in pay, but the amount they're taking is rediculous! I am single and claiming "3" on my W4.
1. Is this normal and correct?
2. Will I get a lot ... |
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 The Post Office does not carry tax forms anymore, where can I find them? |
| Where can I find tax forms, since the post office does not carry them anymore?... |
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 Stimulus paper check, last digits 11?? |
| Has anyone else received their paper stimulus check yet, with their #'s ending in 11 or close?? I went to IRS, but it states there is no info yet. My sister-in-law got hers last Monday and hers ... |
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 I did not file taxes for 2006, now what happens?? |
| I was thinking on doing my taxes in 2008 for 2006 and 2007. this the very first time I did not file and no I did not ask for an ... |
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 How does the United States pay for things? What are the technical details? |
| The United States doesn't have a 'bank account' so how does this work exactly. All checks from the United States government are from the Department of the Treasury, correct? And when ... |
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 I forgot to add a w-4 to my income tax return.? |
I sent in my return but I forgot I worked at another company for a few weeks in Jan. Since I have sent it off already what do i do?
Additional Details
ty courtjesterjon, sry I meant w-2... |
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 What should I do if I haven't filed income tax in 3 years? |
| Is it possible to file taxes for the years I missed? Could I request W-2's for previous years? What are the consequences for my actions?... |
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 What does "US20-25K" mean in US salary language? |
I'm from Italy. I have to fill an international company online job application, what's the "k" for? is that per hour? gross? net?
Additional Details
thanks guys, i ... |
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 How many Exemtions should I put on W2??? |
| My husband and I have two girls. If my husband put an exemtion of 3 on his W2, does that mean that I can only put 1 on mine? Please advise how it works, I am so clueless!... |
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 Do i have to be a citizen of the uk to work there? |
| Im a US citizen, but if i went to the uk and hadnt got citizenship would i be able to work there?... |
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 Is anyone else having problems with H&R Block? They won't give me my money, everyone I talk to says different. |
| I was thought I was going to get my refund from them on Friday the 25th of January. I filed my taxes on Jan 8 using taxcut and simplepay. I am using my emerald card from last year for the direct ... |
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| Stimulus paper check question!! SS = 17? |
| We I received the letter stating what I will receive. Can anyone tell me how long between the letter and the check was for them? Yes I've seen the schedule of paper checks being mailed. H... |
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 How do you file your taxes when living in one state and working in another? |
Living in Indiana but working in Chicago, Illinois.
Additional Details
Thanks for your answers so far but I really don't want to pay that much money to have them done. I'm sure ... |
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bryam1703 | Do i need to file a tax return even if they are going to give me Earned income credit? |
I made over 17000 last year and I dont want to file this year. I have one child and i know that i am going to get money back. Just a general question. Can I wait 3 years and then file all my back taxes? Thanks |
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LEL61719
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Go ahead and file get your return and if you're not needing it put the money aside in an interest earning account...why let the government hold onto your money interest free? |
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jwishz
 |
File now. That's the only way you will receive the earned income credit. |
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wartz
 |
You are required to file a return because your income exceeds the minimum filing requirement. You won't get in trouble because failing to claim a refund doesn't get prosecutors excited. Why wait? If you don't need the money, file the return and put it in a savings account where you can earn a bit of interest then enjoy the refund and the interest in three years. |
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bostonianinmo
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If you don't file you get NO EIC.
You could wait, but why would you? Do you honestly enjoy giving the government an interest free loan? That's just not smart financial planning!
Assuming that you have at least one dependent child your tax liability is zero. You'll get back all that was withheld plus the EIC but you MUST file to get that. |
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Mike
 |
The short answer is yes. Your income exceeds the 10,500 limit.
There are no penalties for you if you don't file (penalties and interest are calculated as a percentage of what you owe them) and get caught. But when you are caught you will take the time to file. If three years has gone by (and it will) then when you file you won't get your refund. The statute of limitations is 3 years to collect from the IRS if they owe you. |
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Judy1
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Well, the only way you will GET the earned income credit is if you file.
If you wait three years, you could still get your money - but you'd still have to file each year separately, so you wouldn't be saving anything. And are you that well off that you don't care if you get the money for 3 years? You won't even get interest on it, you know, since it would be your fault it's late, not the IRS's. |
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morning725
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It is better to file now to get all of the refund you can. However, if you choose to wait, you will not be penalized if you do get money back, and the government will give you interest (which you will then have to claim on that years taxes). However there is a deadline (different by state) of usually 4 years, but it could be less or more. If you do owe, however, you will end up with penalties and interest that could be more then what you owed to begin with.
So in short, file now. It's better to be safe then sorry. |
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mechbasket
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You should file. The EIC is big bucks in refundable credits. I'm talking about cash, boss! If you don't think you'll use the money, put it away in a Savings account. Or better yet, save in an IRA. You may not get any benefits from a Traditional IRA since your tax liability is low, but a Roth IRA may be right up your alley.
However, if you meant your getting Advanced Earned Income ... then you absolutely need to file, regardless of gross income. |
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