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 If i earn 12,000 a year, what will my monthly salary be roughly?
Thankyou. Im kind of stressed and my brain isnt working. LOL...


 Did I just ruin my life?
I put I was exempt on my W-4's in March but, i changed it last month July because I realized I was earning too much to be exempt. As a result they haven't taken enough out from my paychecks....


 What do you think of people who claim benefits and also work on the side?
My "friend" and i use that term loosely is claiming benefits. Income support, housing benefits and tax credits but also works on the side earning around an extra 250 a week. She is forever ...


 I just filed my tax return, can I add to it if I get another W-2?
...


 We just had a baby on 1/18/08. Is there any way to claim this person as a dependent on my 2007 taxes?
...


 Have you received your tax stimulus money yet?
I had to pay extra on my 1040 and was wondering if that is delaying my stimulus check or if someone stole it out of my mail box. I couldn't ger direct deposit because I did not get a refund and ...


 Did anyone get the Stimulus check yet and if so what is your last 2 digits? Mine is 02 and I haven't got mine
does it depend on the bank?
Additional Details
I am qualified, I got the letter and I have 2 dependents, I filed in January and I alway do direct deposit. Some people got theirs over ...


 If you owe 8000 in child support and you are getting a 3500 dollar income tax return will child support take i
will child support take ...


 WHY Do We HAVE To PAY TAXES??
INITIALLY I THOUGHT I HEARD IT WAS TO BE A TEMPORARY THING AND I HAVE KNOWN SOME PEOPLE THAT HAVE NOT PAID WHY DO WE HAVE TO...


 Gas prices!!?
I am in michigan and gas is at 3.85-3.90 a gal. How much is it for u and where do you live?!?! I need my stimulus check lol i cant handle this anymore!!!!!!!!...


 If I make $300,000 a year because I worked hard for it, why should I be penalized by having to pay higher tax?
What's wrong with a flat tax system? Fair IS Fair....


 In the U.K. Have you to pay taxes for having a TV?
I'm from Spain....


 Do waiters have to report their tips for taxes?
Hi. I just started a job as a waiter (first time) and am told I have to report my tips for my taxes. I thought tips were non-taxed? Also, they told me I only have to report those tips that were ...


 How are you going to spend your stimulus payment?
I think I'm gonna pay off debt with mine....


 Do you think the government should scrap the Value-Added Tax (VAT)?
The Philippine government is standing by its policy to keep the VAT amid surging inflation partially brought about by the global financial crunch, despite more popular calls to scrap it....


 Why is everything in the UK so expensive??
Why are we getting ripped off by manufactures, who set prices so high? Vat is less than most other euorpean countries, and they mostly earn more than us yet we still pay more than them for loads of ...


 Can you win a lottery in the UK that I didn't even enter?
someone from the UK ia emailing me that I have won a lottery,but I have to pay delivery costs of my winnings?...


 If i have two jobs, do I pay more tax??
...


 My sixteen year old daughter worked during the year, can I add her income on my taxes or does she have to file
...


 Did anyone receive their economic stimulus payment?
It was announced last week that those who opted for direct deposit on the 2007 tax return would begin receiving their stimulus payments today, but it will go on for the rest of the week, so it's ...



indubwetrust
I had twins on new years eve, can i claim them on my taxes?
i just had two newborns, and ive been hearing mixed things. can i really claim them on my income tax refund since they were born in 2007?
                     
 




QandA
as long as they were born before midnight then you can. If they were born at 12:01 then you have to wait for your 2008 taxes


Michelle B
Rating
Yes, you can! You claim them for the whole year!

Congratulations!!


lizzay :).
Rating
yes u sure can! :)


Winter
Rating
Congratulations!
Yes you can claim the new babies.


oldwolf1951
Rating
I heard about a set of twins one born at 11:58 pm and the other at 12:05 am on 12/31 and 01/01. Could only take one deduction that year. Then 2 the next year.

Congrats to you.


ruth e
Rating
yes..


Glo
Yes


Lefty
Since they were born in 2007, you can claim them as dependents for your 2007 taxes.


petstwins
Yes, you can claim any child born before midnight on Dec. 31st. You get to claim two!! I did too.
Good luck with your twins!


blrbates
As long as they were actually born in 2007 yes, you can. My wife and I had our oldest on Dec 30 of 1999 and we were happy to learn that we could claim him!


acermill
Congrats on the newborns ! And yes, you ARE entitled to a full year's deduction for both, as long as the birth certificates indicate that both kids were born in calendar 2007.

Go for it !


dizzle
yes.


Gary
Congrats. Yes you would claim your twins for your 2007 taxes as long as they were born before January 1, 2008. Each child would be $3,400 each. Total: $6,800
Next year (2008) personal exemptions will be worth $3,500 each.


worldstiti
Rating
yes as long as they were born before midnight last minute to claim in 12-31-07 at 11:59PM


Judy1
Yes you can. Congratulations, and NICE timing.

I have twin grandsons who just turned 2 on Dec 18 - they were nice timing too but didn't cut it quite as close as you did.


Damocles
Rating
Yes! Actually you get to claim them as if you had had them all year!


kwhotrods
Yes you can.


ishop4dollars
Yes, according to pages 16 and 17 at the following link. Any child or children born in 2007 (even if at the last minute) can be claimed for the ENTIRE year!

http://www.irs.gov/pub/irs-pdf/i1040gi.pdf

CONGRATS and God Bless You :)


MukatA
Yes.
"A child who was born or died during the year is treated as having lived with you all year if your home was the child's home the entire time he or she was alive during the year. The same is true if the child lived with you all year except for any required hospital stay following birth."

IRS Publication 17: Your Individual Income Tax; Chapter 3: Exemptions for Dependent -- Residency Test.


Jason Voorhees xoxo my love
Rating
im pretty sure you can


im prtty sure this website mentions it good luck with your christmas baby!!!


http://www.taxfoundation.org/blog/


Ms. Angel..
Congrats! I too have twins (a boy and girl 20+ years old), they were twice the enjoyment and twice the fun, and be prepared to be twice as tired. Have patience and lots of help. And always think in two's.

If your twins were born before 11:59 p.m. on Dec 31, 2007 you can claim them on your income tax return for 2007.


railroad dave
Rating
yes 2 little deductions for 07 .


Ken Mc
Rating
I think you get to claim them for all of 2007, but you've got to get them a SSN before you can list them on your 1040 forms.

Congratulation on the twins.


ATVKID
Rating
yea


FRANK
Rating
Yes. The rule is that you can deduction the number of children you had on the last day of the tax year. I makes no difference how long you had them as dependent.


mrs.carter
Rating
YES


gingerdaisy43
Yes, as long as they were born before midnight.

Congrats!


cmcaplinger
Rating
I believe so. You should consult your tax advisor but as long as they were born on December 31 you should be able to.

You will need to have social security numbers for them before you file.


scarlet
Rating
Yes. As long as they were recorded as being born in 2007 you should be able to claim them. Try asking your tax person. What day/time does it say on their birth certificate?
Good luck! (taxes suck)


Skootz
Rating
Yes, as long as they were actually born before midnight. Ask any tax consultant. Congratulations. Also, keep in mind that Social Securtiy numbers are not necessary until they are a little older, 5 I think. cz


Well... Good
Rating
Congrats! I was never able to claim my children until they had been living in the household for twelve months but maybe the laws are just different where I'm from..


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