 Can we not file our taxes until Feb. 11th? I heard something on tv about it...? |
| I usually use the H & R Block online tool to file my federal return for free.... |
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 Why was my stimulus check $600 instead of $900? |
I recieved my tax refund check yesterday but it was only for $600. I was supposed to be getting an extra $300 for my daughter. Why didnt i get her $300?
Additional Details
My daughter is ... |
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 I want to to know rate of % of depriciation on fixed assest? |
| like on land & building , plant & machinery, furniture & ... |
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 What do our taxes pay for? |
Im doing a report on where our taxes go and what we pay for though our tax pay.
I dont know how im going to be able to write a 2 page front and back report on this.
If anyone ... |
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 How many of you guys are in favor of increasing the minimumwage in exchange for abolishing inheiritance taxes? |
| There is a bill in congress to raise the fed minimum wage a couple bucks IF the inheiritance taxes are abolished. So, it looks lke the little guy gets a crumb and the wealthy get a cake. Are you in ... |
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 I got a notice from the I.R.S.....? |
| ....and it told me that I should pay the enclosed amount within 10 days or they could freeze my accounts and home. The only thing is...THERE IS NO AMOUNT GIVEN! Yes, I plan on calling them on M... |
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 Tax credits - Any advise?? |
| After renewing my claim with these idiotic people i informed them that my husband is not currently working and is in the process of being self employed but not as of yet - I gave them his earnings to ... |
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 21 yr old full time student and made $13,000 . Parents claimed me. Do I get a stimulus check? |
| I am a full-time student that works 35 hrs/wk. My fiancee and I pay for tuition and all living expenses. My parents still chose to claim me on their tax return. Will I see any type of stimulus check?<... |
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 How can Obama get away with raising taxes and calling it a tax break? |
This was a very interesting article, it didn't change my mind but if I had any doubts about McCain it would have: http://online.wsj.com/ar
What are ... |
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 A friend of mine has been given his p45? |
| he has been at this company for 8 yrs ,3 weeks ago his company changed from allclean services to allclean limited, and this week his p45 was in his pay packet, the reason he is being told is that he ... |
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 Wife passed away and can't cash stimulus payment ? |
My wife passed away and the bank wont let me cash the stimulus payment.
I asked the bank to cash it and gave them a death certificate, but they refused and that the check has to be ... |
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| Since the UK is bankrupt and everyone is in debt? |
how exactly has their been an Economic Boom ? There never was one, surely !
Additional Details
It was ALL on credit and the Never Never, wasn't it?... |
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 My chldrn live with me but their dad gets to claim one of them for a dpndnt on his taxes. who gets refund? |
| I get to claim my children for earned income credit but their dad gets to claim one of them as a dependent! They both live with me full time so who gets the refund?... |
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wwpetcemetery | Earned income credit--age requirement? |
My daughter is not married and is 24 yrs old..she has a daughter 7 yrs old....the IRS rules state she has to be 25 yrs old.
Now.....she will be 25 April 12th...the rules do not say anything about when a person has to be 25 to claim it...if she files the 15th would she qualify or do they look at the tax year age...I called 3 times and got 2 different answers....I am still waiting on the 3rd answer.
And another question..she has been living on her own for several years alone with her child...why do people have to be 25 yrs old to qualify????....the IRS just said.."that's the rules"..and nothing else.
Additional Details
The reason I ask is because she was denied the credit last year..they cited the age requirement..even though she was on her own and had her child. I appealed but they stuck to their guns. |
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dewkisses02
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if your daughter has a qualifying child, and her 7 year old daughter is a qualifying child as long as she lives with her all year, then there is no age requirement for your daughter. she can be any age and still receive earned income credit.
the age requirement for earned income is only if the person has no qualifying child. since your daughter has a qualifying child, this doesn't matter to her.
The only requirements for your daughter is that she must have EARNED income and no investment income to claim the credit. as long as she meets that, her age shouldn't matter.
i hope this helps, i've also included the page from the irs website where i found the info. |
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ToYsTeMpTer
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if she claims her child and nobody can claim her as a dependent she would qualify for EIC providing her income is within the thresholds....
having a dependent has no age limits on EIC
as far as your second question, theres no making sense of the rules the government puts on us |
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anr
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In order to qualify you must be 25 as of the end of December 31. She does not qualify for 2007, but may for 2008. |
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DS
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I have never heard of having to be 25 is you have a qualifying child. But its whatever age she was on dec 31 2007 |
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wendy_da_goodlil_witch
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since she is being taxed for 2007, they will go by her age in 2007. it's not a good rule, but the age thing is the rule. is the IRS supposed to make sense? |
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cheyennesmommy
 |
the age requirement is waived if you have a dependant. I know this because my husband and i recieve the EIC and we are both under 25 with a child. i posted the requirements to claim the EIC below:
You must meet the following EITC requirements:
Must have a valid Social Security Number
You must have earned income from employment or from self-employment.
Your filing status cannot be married, filing separately.
You must be a U.S. citizen or resident alien all year, or a nonresident alien married to a U.S. citizen or resident alien and filing a joint return.
You cannot be a qualifying child of another person.
If you do not have a qualifying child, you must:
be age 25 but under 65 at the end of the year,
live in the United States for more than half the year, and
not qualify as a dependent of another person
Cannot file Form 2555 or 2555-EZ (related to foreign earn income) |
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JAR
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If you're asking about that then I assume she's in a lower bracket, which means there are two other things to consider.
These could be in her favor:
On Form 1040 (not EX or A, etc)
Line 47 - if she had to use a babysitter to work
Line 52 - child tax credit |
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CarVolunteer
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The age 25 limit does not apply if she has a dependent child. See page 12 of the IRS reference (Pub 596). |
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