 Is it illegal to claim dependents during the year on your w2, if youre single with no kids? |
| I have paid an huge amount of taxes already this year due to a few lump sum payments and i want to maximize my weekly earnings for a couple of months. I have claimed zero for the first six months of ... |
|
 Anyone know about taxes? |
| I have recently divorced, my ex husband is not the biological father of my 8 year old daughter and he never adopted her. He is wanting to claim my daughter as a dependent when he files his tax return ... |
|
 Are you entitled to jobseekers allowance whilst on holiday? |
Will i get paid jobseekers whilst im away im holiday.
I stupidly told the jobcentre that i have a new job that will start 18th august, so could i still expect to be paid.
When i ... |
|
 Tax stimulus rebate? |
| my husband was suppose to get his direct deposited today but its not in our bank? Was anyone else due today and did not get theirs? Is something wrong?... |
|
 Im confused on taxes help im just a kid!? |
| okay i dont want to end up hanging from some cage in an IRS office. I made some money last year, put i was almost paid in cash or personal checks. also more importantly i want to start trading on ... |
|
 If we buy shares should we pay tax? |
| My friend who is currently doing MBA wants to open a demat account to buy shares worth Rs. 1000 (out of his pocket money, he doesn't have any income other than pocket money). But should he pay ... |
|
 If gordon brown cannot understand the implications of abolishing the 10p basic tax rate should he be ? |
| running our country? if we can work out that the poor will be 8p in the £ worse off and the better will gain 2p in the £ i wonder how he managed to be chancellor for all those years let alone ... |
|
 First time tax payer: should i get a person or do it on my own? |
| this is my first time paying taxes and i was wondering if i should get someone ( like h and r block "i got people" ads) or should i efile myself with one of those turbo tax. how much does ... |
|
 If you bought a car in 06...? |
| Is it true if you were financing it, you can write it off the interest when you do your taxes??? If so than i am LIVID ,and hate H & R block- Apparently thre is a whole bunch of things i found ... |
|
 Is it filing IT Retruns is compulsary, even if I m not paying any tax? |
Hi ya,
Is it filing IT Retruns is compulsary, even if I m not paying any tax. My cousin's salary is about 1.5 LPA.Is he required to file his retruns (as he can show that 0.5 L as ... |
|
| Claiming child on income tax? |
| this is going to be my first year that i claim my son. him being only seven months... my question(s) are, roughly, how much do you get per child... and recently my gf said that she is entitled to ... |
|
 I intend to work 2 fulltime jobs. One I do now is at 15K, the new one is 18k. What tax will I be paying? |
Both jobs are web related, and the second is web based entirely.
Do I have to inform my current employer?
Do I have to inform my new employer of this?
What this might implicate?
T... |
|
 My fiance has not paid taxes for 3 years now! WHAT TO DO!? |
| Okay so my fiance was a contracter for this company and was paid with a 1040 not a w-2. So we knew he was going to pwe taxes. Now we are having a real struggle with our bills. This year will be the 3... |
|
|  |
yamilette r | 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 year |
 |
 
PepsiLime
|
Don't know, since I don't know if you itemize or take the standard deduction. Don't know the age of your child so you might or might not get the $1,000 per child child tax credit (child has to be under 17). Need more info than just what you make. Don't know what state you live in, so can't tell you anything about your state tax return. |
|
scott A
|
Unable to answer the question because i have no idea how much you had withheld. |
|
Judy1
 |
No way to answer that without knowing how much is being withheld for the year. You will have some tax liability, but should also be eligible for EIC. Taxes after the child tax credit will be around $634 minus around $476 for EIC, so your total tax liability will be around $158. Subtract that from whatever you will have withheld total for the year for federal income tax, and that will be approximately the amount of your refund. |
|
silverearth1
|
you need to ask your tax man and file apropiate actions on your return |
|
luvalee2004
|
really. what difference does it make?
head of household always gets a grip. and to claim a child! WHOA!!! u gonna get about 1500 more! you gunna cake regardless. just go have em done and sit back and wait on that NEW MONEY!!! |
|
mil414
 |
Doesn't it depend on the amount that was withheld? |
|
TABBYKAT34
|
JUST DEPENDS ON AMOUNT WITHHELD. |
|
ninasgramma
|
Not exactly a windfall for you, but you will at least get all your withholding back.
Assuming there are no other adjustments or deductions, all income is from wages:
Income: 29,000
Less
standard deduction 7,850
two exemptions 6,800
AGI 15,350
Tax 1,743
Less CTC 1,000
Tax after CTC 743
EIC 811
Refund $68 plus any federal withholding you had taken out of your pay.
If you want to boost your refund, you can put money into a traditional IRA. For example, if you put $4,000 into a traditional IRA, your refund jumps to about $1,000 plus your withholding, because of decreased tax, increased EIC, and the Savers Credit. |
|
Stephanie R
|
go to handrblock.com and there is a 2007 tax estimator. Just input your numbers and it spits a number back at you. Look on the bottom of the page. I'd post a link but I dont know how. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 34 minutes(s) ago
| | | |
9 | 58 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
