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 Who has to pay service tax in india?
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 What should i do if i received less tax refund than what i suppose to receive?
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 $300 Bonus?
At what date will I receive the $300 bonus? I'm on social security....


 Is anyone else waiting on May 9th Stimulus check?
I E-filed and received refund well before April 15th. Direct deposit to checking. Deposit information is on my 1040 return. My SSN ends in 14. I used Turbo Tax but all fees were paid by debit card ...


 Whats the zip code of switzerland?
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 I have not files in three years and I know I don't owe taxes can I still file for those missing years?
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 What should I do if I didnt get the correct amount for my tax rebate?
I should get $900.00 for me and my son, but only got $600.00...


 Should we save our W2 forms if we get a notice from Social Security showing our earnings?
i read something that said save w2s because they will show what your earnings & benefits will be but I get something in the mail that shows this so I don't think I need the w2s..what other ...


 Do I have to pay delinquent taxes by previous owner?
I recently bought a bank-owned foreclosure house in San Jose, CA. And, today, I got a mail from Santa Clara county regarding the delinquent taxes by previous home owner. Do I have to pay for that? I...


 Our daughter lives w/her grandpts, we pay support and insurance, can we claim her as a dependent on our taxes?
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 If I destroyed my stimulus check that the IRS sent, is there any other way that I can recieve another one?
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 Serious answers only...............Non payment of council tax?
I know someone who's lived in a caravan (static) for 14 years and never paid council tax........my question is: what is likely to happen if he's caught?
Additional Details
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 Is this true?????
I am 28 yrs old and took out a loan from my 401K 3 years ago. Payments were being deducted from my paycheck on a regulary scheduled basis, until I left the company and was told I had 60 days to pay ...


 Hey im kinda scared, I just got my first bank account.?
I just got it like 5 mins ago and was talking to a friend and she said to me that I would have to do taxes.
I don't know how and my dad does that stuff. I dont trust him to handle my money ...


 If I am at default with a federal student loan, can they take my tax return? Will they take all of it?
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 Tax rebate stimulus question?
Today I received a direct deposit with my $600 tax stimulus, HOWEVER I am a single mother and claimed my son on my federal taxes (and yes, I am the only one that claimed him). Will I receive the $300 ...


 How should I fill out my w4 so that I do NOT owe any money back at the end of the year?
I'm married with a young child but my husband is claiming her....


 Sole proprietorship, Vehicle Write Off Question.?
I have a sole proprietorship in the state of California, Small business, no employees. I have purchased 2 vehicles strictly for company use. I have been told by a CPA that I can write off the full ...


 If my property value has gone down, why hasn't my taxes. Is there a way to get my property taxes lowered?
Property is located in Lake county O...


 Iv been promoted in my organisation and my annual package is 2.5 lakhs.Is it a must to have PAN?
If i dont have PAN then is it that i wont get my salary fo this month... i may sound stupid... plz answer......



Miguel O
Do people over the age of 18 get a better tax refund than someone under aged?
Assuming the person claim their own taxes
                     
 




tipp10
If both the 16 yo and the 18 yo claim themselves (instead of their parents claiming them as a dependant) then the amount of the refund would be the same for both.

For all you that think that getting a refund lets the government use money that you could use, you're right but only if you take that money and pay down your debt or invest it. If you spend it like all your other money, you'd be better off getting the largest refund possible (claim single no exemptions) because then you get a big chunk that you can use to pay down your debt or invest because you are used to living without that money anyway.


Judy1
Your refund has nothing to do with your age. If you have more withheld than your tax liability, then you get it refunded to you.


bostonianinmo
It's not a factor of age, but of tax liability vs any tax already paid in. All else being equal, someone who is claimed as a dependent by another taxpayer WILL have a higher tax liability than someone who is not claimed as a dependent.


Brian G
Rating
People over 18 are usually working full time, making more money and having more tax withheld. They also usually qualify for more deductions since they may have children, own a house, or pay for more of their own medical expenses.

But the real trick is to try to come as close as you can to breaking even on your taxes. A big refund only means that you gave Uncle Sam interest free money during the year that you could have used yourself.


Chris
No, it really all depends on how much income you make. No matter how old you are. If you are under 14 you may get some breaks, but after that, it is basically all the same. Good Luck.


chrisdennymba
Not at all. Taxes are based on income. The more you make, the more taxes you pay. If you have any ambition at all, you probably will not always get money back.


madeline4477
Rating
I think it depends on the factors involved..like how much they make whether they have kids are they single or married.


vegas_iwish
No. Based on income and withholding taken (people getting refunds notmally not bright and being overwitheld thereby giving gov interest free loan) + deductions. Many people at 18 are on parents' return so can't take self. If not - same rules for both. Refunds are for those who made a mistake.


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