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 What happen if I claim 11 Children as dependents when I do my Taxes ?
I do not have 11, just 2.
But many anglo-people lie and gety away with that!

If I do it, Is it a felony?
Will the IRS police know?...


 Am I in the higher tax bracket if I am earning 35K per year?, how much will I get/be taxed per month?
Hi,
recently got a new job offering 35k per year, does this mean I will have to pay the higher tax rate? its not how much will I bet getting after tax per month?
Thanks
...


 I didn't get my W-2's, who do I call, what can I do?
Thanks in advanced....


 Just did my 1040ez and it says I owe, but this doesnt seem right?!?!?
I made $13,647.34 (my AGI).

I am single, and am dependent on myself; so my deduction is $5,350

Taxable Income: (Income - Deduction) = $8,297.34

Federal Income Tax W...


 Do u think its right to recieve child benefits, regardless of their income?

Additional Details
do you think it is right that all parents recieve child benefits, regardless of their income?...


 If you were scheduled to have your stimulus check mailed by July 4th, have u recieved early yet?
I know some people that recieved their checks earlier than the date scheduled on the IRS website. Mine said it will be maile dby July 4th. I called IRS and they said that they would mail it out June 2...


 Those on benefits could lose your council house unless you work caroline flint says!!?
benefits ...


 When is the soonest someone can get a tax return?
...


 Working from home (UK)?
I have a full time job as a designer in repro studio for a litho print company and automatically pay my taxes and national insurance. I also have a computer and setup at home to enable me to produce ...


 Can you deduct child support you paid off your taxes?
...


 Tax Exemptions?
OK I just moved to the U.S. to be with my wife & daughter and I have NO idea what so ever about taxes etc..

I recently started a new job (my first in the U.S.) and my co-workers ...


 IRS filing and tax fraud?
Where do I start. Let's see, I did an estimate of our taxes on HR Block.com and the result was that we owed $285.00. My husband was very upset. We did it Married but separtely and we came out ...


 Just an opinion. do you think that native americans should have to pay taxes?
i mean they were here before the u.s. and were basically slaughtered and whatnot. lucky to still be alive for sure. we live on land that was stolen from them and although they have casinos now that ...


 Why do people?
Why do people take all these questions so seriously.Sometimes I post idiotic questions So I can get funny responses Lighten up folks not everything is so serious....


 Do you have to pay income tax if you're an Air Guitar shop owner?
...


 What do do if u owe taxes and never filed for 4 years?
my bf filed taxes and owed money to the govt and now has not filed his taxes in about 4-5 years. What will happen. Can he file now and start to repay now. Does he need to get a lawyer involved? H...


 Family tax credits help. my husband is on around 15,000 a year we have one child.?
could anybody tell me how much i might be entitled to. i dont work. thanks....


 Is it legally okay for a single person to claim more than one exemption if he/she has no dependents?
I want to reduce the amount of income that is taxed each month because I always end up with a large refund at the end of the year (I live in California)....


 If I only gained $100 in interest on my savings, do I have to report for taxes? Will the IRS know?
...


 Tax rebate?
Did they come to a decision yet?? and what was it?!...



Ninja Trader
I'm single with no available tax deductions, should I adopt a kid so I can get a tax deduction?
I want some of that weath Obama is going to spread around.
                     
 




viajero_intergalactico
ok....you do know that is stupid, right?

you have fallen for the sales pitch.

don't buy a house for the deductions...houses are more expensive to own than the deduction is worth. it only helps if the house value goes up.

don't have kids for the exemptions and credits...kids cost more than the tax breaks.

in your case, it is cheapest to just stay single. however, if you do fall in love and have kids you will get tax breaks for those expensive endeavors.



Tanina M
Rating
OMG! Forgive me for being a bit 'upset' over this question... but frankly, I can hardly believe this is posted here! :) YIKES! It almost makes me want to thump you in the head!

Oh yeah - and while some of us realize that you are 'trying' to be 'funny' here... none of these Obama /black/ Native American related 'questions & comments' fall into the 'funny' category. :)


Seriously, .... YOU, (and/or anyone else in the world) should ONLY adopt a child IF YOU TRULY WANT TO LOVE A CHILD... and be a devoted, loving, protective, dedicated and nurturing PARENT.

Getting a tax deduction (or 2 or 3) should NEVER play a role in deciding whether or not you you want to be a caretaker for someone... but especially not when it comes to caring for a child.

Being a parent is a full-time job with numerous responsibilities, - and a 'job' that lasts FOREVER. It will most certainly require 110% of your time, effort, money, patience, understanding, and love, for the rest of your life, ... am at minimum, the first 20 or so years of the child's life.

Being a parent is also a job that does NOT come with a lot of rewards, perks, and/or 'thank-yous'.... unless you consider the bear hugs, gentle kisses & those three little words that can melt your heart in 2 seconds flat (I LOVE YOU).

If the thought of a sweet, innocent, helpless, loving child looking up into your eyes, saying "I Love You, Daddy" - or - "I Love You, Mommy" when you have done something to make them happy - something as small as providing them with a warm, nutritious meal - or a safe, clean, comfortable place to sleep...appeals to you: ...then by all means, adopt a child.

Trust me when I tell you that the world has ENOUGH 'parents' who don't actually care about their children, and who look at them strictly as a source of income (or something other than what they are and which is just as pathetic).

Children need LOVING, CARING, DEVOTED PARENTS and caretakers... NOT selfish, self-centered users who have only THEIR OWN needs, wants and/or desires in mind.

Your heart should be able to answer your own question... and I can only pray that you make your decision based on your emotions and for the right reasons, NOT to 'get a tax deduction'!

The little bit of $$ the IRS allots you for a dedcution won't even feed a child for a year, - and it certainly will NOT clothe a child; provide dental & medical care; childcare while you work; or a decent education as the child grows into an adult.

Most importantly, there is no amount of money -- and NO tax deduction -- that can replace the genuine love, care, concern and nurturing a child needs throughout his or her lifetime.

If you aren't prepared to sacrifice your own needs, wants and/or desires in order to provide what someone else needs, etc., then you truly aren't prepared to be a parent.

SO many people have children for the WRONG reasons - only to (sadly) end up resenting the child for taking away their freedoms, or costing them so much $$, etc. and THAT is NOT a 'win-win' situation. It's a 'lose-lose' situation... and mainly for the child who is failing to receive what he or she needs and is instead being abused or treated poorly and being left to feel guilty, ashamed, unloved and unwanted.

You will know in your heart when (and if) you are seriously ready to be a parent. Until then, buy a home or start a business for some tax deductions. : )

Good luck & God bless.


maxmom56
Rating
A child deserves better than you.


ReeseM259
Rating
Are you joking? You shouldnt adopt a kid JUST because you want the tax deduction!!!! Thats crappy. And if you are joking this isnt even funny.


lv_consultant
Rating
it costs about 120-200K to raise a child from birth to age 18 depending on your tax bracket..you may want to get off the internet and read a book on basic economics if you think raising a child is going to make you money


princessmeltdown
Rating
Step away from the keyboard...


babygrl4u1
Your an idiot.


godged
No. Put down the booze and go to bed.


wartz
This would not be a good decision economically. Among other things.


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