 Do I file my taxes as married or single since I got divorced in November 2006? |
| I also have a son that lives with me, so shouldn't I claim head of household? I am not good at taxes and I want to make sure I know what to ask for before I take mine somewhere!... |
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 I need a loan for 2 million to pay off IRS back taxes. Is this possible? |
| Old taxes from years ago but IRS is getting anxious for the money. I own a business that is doing well and do not owe any current taxes. Just want them off my back. Hopefully we can compromise on ... |
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 What is Inheritance Tax? |
| Yesterday in the mini budget Mr Darling increased Inheritance Tax from £300,000 to £600,000, what is this tax and how will it affect the average ... |
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 I havent done my Business Taxs in 2 years....? |
| ... and Just recently got a letter saying if i dont do them by the 24th of oct. They will send me an estimate of how much they think I owe and add penalties. I have allof my receipts just stuff in a ... |
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 I filed my taxes and got a refund.... but I never received my stimulis check.. No info on computer? |
| I want my stimulus check!! I filed my taxes but received no check. I checked the computer site but it says no info available. Who do I ask? Where do I go?... |
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 So, so confused about this stimulus check and if it will be DD or paper sent...? |
Went through Turbo Tax and had the fee taken out of the refund for the state fee, Federal return was free.
Now I know what Turbo Tax says about using Santa Barbara Bank and stuff. They say ... |
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 I think I made a mistake. Now what? |
| I got a notice in June 2006 saying that my Federal Income Tax for 2004 was incorrect and I owed money. I've been using the EZ form for 12 years, do it all myself and have never had a problem. I ... |
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 Can my daughter's father, who doesn't have custody, claim her on his income tax for the child tax credit? |
| He pays 50 a month to welfare because I am on assistance temporarily. He's only paid for two months. I have full custody, but my husband goes to school full time, no job, and I am not in school ... |
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 How do I account for money lent to me from my fiancee? |
My fiancee recently wrote me a check (in my name) for $20,000 to pay off my student loan to save myself money. I am paying her back (with half the interest rate the loan was giving me).
H... |
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 Is the income tax a fraud? |
Give me your opinion and post some videos
Additional Details
please put sources/evidence about your claims, don't just say it is or isn't a fraud.... |
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 IRS stimulus check? |
| Hey what if you owe IRS? Will you still be entilted to a check? And don't say to go on their website and check out the FAQ, because i've checked and it doesn't say.... |
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 My ss number and name did not match on my tax return, any way to get my stimulus check? |
| I have now changed my SS number to match my married name. How do I get my stimulus rebate check?... |
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 Would being in a higher tax bracket or a certain income, prevent you from claiming a 17 yr. old as a dependent |
| My exhusband usually claims our son on his taxes. This year his tax consultant told him he couldn't claim him as a dependent, because he is 17 1/2. I looked at the IRS website and I found out ... |
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Chris W | I have heard you only need to file taxes if you owe money, is that true? |
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bostonianinmo
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No, that's NOT true at all. You are required to file a tax return if your income exceeds the filing requirement amount for your filing status and the source of the income. That can be as little as $400 for self-employment income.
See IRS Pub 501 for a full discussion on filing requirements and stop listening to people who don't know what they're talking about. Here's a link: http://www.irs.gov/pub/irs-pdf/p501.pdf
While it is true that the IRS will not press the issue if they think that you don't owe anything, you can't know for sure where you stand until you prepare your tax return AND send it to the IRS. If it includes things such as capital gains, the IRS only has partial information and will assume that you owe them and act accordingly if you fail to file.
Note to DoomDiva: Check with your CPA again. It's NOT $600, but $400! You're confusing the requirement to file a Form 1099 for certain payments with the self-employment filing floor. The two are NOT related. |
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Judy1
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No, it's not true - if you have income enough to be required to file a return, you are legally required to file one by the deadline.
But if you have a refund coming and don't file or file late, there is no penalty. |
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kvasir27
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About 5 years ago I didn't file a Vermont state tax cuz they owed me money, and the part year resident form is a real pain to fill out (moved that year).
About a year ago, long after I forgot about it, I got a bill from a California collection agency for like $700 for the taxes owed.
When the state figured my taxes owed, it did not even
consider the amount they already took in by withholding taxes, which showed them owing me like $20, and when I called them about it they said they don't factor in payments (ie withholding) until the returns are filed.
So, even if you don't *Have To* file, your better off just doing it in the long run. |
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Anna R
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I would still fill them, just in case the IRS picks up that random search and audit you. You don't want to give them any reason to double-check their work. |
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Jimmy
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No it is not. Everyone who had income is legally obligated to file a return. Every year, people claiming federal income tax is illegal come out with a series of claims, this is one of them. If you do not file, the IRS has no limit on the years they can get you for it. The IRS can charge fines for not filing. If you don't owe money, you probably are due a refund, and that's the only way to get it. |
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Malcolm Equis
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You do need to file whether you owe money or not. But I would think you would want to do so anyway. You can't get a refund if you don't give them the proof (by filing your tax forms) that you are owed a refund. |
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Dave T
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No. This is not true information that you heard. I am assuming that you were employed or you ran your own business in 2007. Call or write to the IRS or visit the IRS web site at www.irs.com. Take a look at Publication 17. It is pretty clear and in plain english, not legal speak, what is required to meet the requirement to file a return. If you don,t file a return you will not get your refund nor the stemulus check. I would file a return even if I did not have any income. |
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Ben O
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nope, every citizen and non citizen who earned income in the US must file taxes regardless of wether or not you made enough money or you owe taxes.
Otherwose the portion who do file set the budget for next year and therefore the government continues to increase spending and taxation. |
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doomdiva
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According to my CPA, you do not have to file taxes if you earned less than $600 from a single job, including working for yourself or as a sub-contractor. However, I am unsure if that would count for people who bounce around from one temp agency to another. |
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