 Do I have to pay taxes I get money from credit card checks? |
| I cash checks from credit cards that I use and place into my free checking account. Since the money is placed into the free checking account, I do not earn any interest, but I pay interest to the ... |
|
 Who got screwed on theTax Rebate Check? i know i did? |
| im an american citizen born and raised but my wife is not had to get a ITIN number to do my taxes i even called the IRS to confirm i was doing everything right. so i file my taxes mailed them out on ... |
|
 How do you feel about council tax? |
i live in a tiny flat and mine is over a £1000 this year do you feel the services we get are worth it im in the uk south east area
Additional Details
thankyou to who ever deleted ... |
|
 Filing status? |
| I have been married for only 4 months in 2007, (date August 31, 2007). My new husband did not earn over $1,000 for the year, and will not file. what filing status can I use as I want to take the ... |
|
 I only made $3612.02 last year? |
I don't think I will get much back in taxes, but I don't want to spend 50 bucks on the tax guy. can I do this myself? I have no detuctions? thanks for your help.
Additional Details
|
|
 What's thepoint of small taxcuts if we have topay much more for fuel&electricity costs & a bigwar debt later? |
| File TWH 07142006 :spot crude hit 78$/bbl overnight and stock market is crashing while Bush43 at summit focused on foreign policy issues ignoring all the pressing domestic issues at home--esp the ... |
|
 Is this a normal about to loose out of my paycheck? |
| I'm under 18 and only work at this company for 2 months out of the year, because i'm still in school. I get payed at the end of every week and the checks are constantly around 300. I am ... |
|
 Do you have to pay tax on second job at the age of 16? |
| Well im 16 and i was wondering if i get another job, whether i would be taxed or not. Im in full time education if that makes any difference.... |
|
| Can I add a "Paid in Full" statement to my check to the IRS? |
| I am so sick of paying off my back taxes, particularly since I know my money is helping to continue the obscene war in Iraq. [It's also frustrating what their liens are doing to my credit ... |
|
| When you have a debt,do you have to report it to the IRS? |
My Friend own $1,167.00
Now she's wonders is she has to report that debt to the IRS?
Please i really wanna help her.
Thanks to all of you!
Additional Details
Ok i got ... |
|
 If my parents claim me!!? |
Does it mean there taking half of my money...
i already did my income is there any way to fix it..
Additional Details
i am 19 and i pay bills at home too..... |
|
 W-2 Form USA? |
| when filing a W-2 form, in order to recieve more money on your check, should you claim more or less dependents?... |
|
 How much will I get paid by month without tax, if my wage is 30K? |
could you give more examples with contract roles for example?
20 p/h
Additional Details
I was just trying to figure out the value after tax.... |
|
|  |
casey_leftwich | I heard somewhere that child care expenses can be claimed when I file my taxes? |
What are the limits to this? How much can be claimed and deducted? Any further info and insights into this?
Additional Details
Just so you all know, yes I already do claim the child tax credit. I'm only interested in knowing how much I get have deducted for Child Care only.
Thanks to all you actually have answered the question. |
 |
 
Meg
 |
First off, check out the IRS site at www.irs.gov. Look for form 2441 for child care expense credit and if you're in a state like CA go to www.ftb.gov and look for Form 3506 for the child care refundable credit.
There must be income earned by the individual claiming the child and the child care and/or education classes which required the parent to put the child into care. You'll need the Name, the EIN# (employer identification #) from the Child care center or SS# (social security #) from the person providing day care. The address, city and zip of the place providing it and the amounts you paid during the tax year.
You may only claim up to a maximum $3,000 per child up to two children. Hence, there is only a max. of $6,000 of paid child care no matter what you actually paid out.
The Federal credit is usually 20% of amount paid out by you and it is claimed on page 2 of your 1040 form....and goes to reduce the tax owed on your taxable adjusted gross income. It does have income limitations and phase outs to consider too.
If your state allows child care credit like CA you will also have to provide a phone # , and the credit is a % of your federal credit and is refundable to you.
Hope this helped. |
|
Mr. Zimmer
 |
You can find more information at the links below. |
|
stepup1895
|
In Australia, a 30% rebate exists to help parents and child care.
It's best to contact your accountant for the latest figures and determine which one suits you. |
|
kabmiller@verizon.net
 |
I keep copies of my cancelled checks, when paying for child care.
You will need the social security number of the person providing child care and they must claim they money you pay as earned income.
I just hand everything over to h&r block, and they do it for me. |
|
Overtaxed
|
I can tell by your question that you are not very aware of the tax laws. I suggest you get a professional to do your return. You will get more refund than the cost, and you will have confidence that it was done right. Try HR Block or Jackson Hewitt. In addition to potential credits for child care expenses you may be eligible for something called "child tax credit" and "earned income credit". |
|
Tree Fitty
 |
It's right there plain as day on your 1040. Don't forget the child tax credit either...it's like 1k per kid. Make sure you keep reciepts and/or an anual report of payment from the daycare provider. |
|
Steve
 |
You can claim a credit for child care expenses. I think that the limit is $1400 per year depending on your income. |
|
Reggie Brown
|
Depending on where you are, child care expenses can be claimed in the USA. Also depending on what form you are using. Check with the IRS, at IRS.gov. This question is asked on form 1040a, but you will need to have the information about the daycare, and maybe present the proper documentation. |
|
MJ
 |
of course such as day care cost,you need to have receipts,Dr bills if total a certain amt-ask your CPA |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 23 minutes(s) ago
| | | |
9 | 58 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
