 Get taxes done or do our own? |
| I have done Turbo Tax in the past but for the last few years we've been going to get our taxes done, like at H&R Block. The price difference is pretty big and I'm not sure if it's ... |
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 Is there a way to get my friend in the UK a US number in order to avoid deductions of minutes on cell phone? |
| My friend lives in England and calls me on my cell phone from his land line. My minutes/air time are being eaten up because only incoming national calls are free through Verizon and not incoming INTE... |
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 Can You Be Penalized if you report more dependants on your w-4 form? |
| Taxes have taken out a lot out of my checks because I claim 0 dependants..What can I do to have them take less so I can receive less?... |
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 I filed my 2007 return already, but I just found another W-2 I forgot about, can I still file it? |
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I know there is a penalty charge but I don't want to owe anything next year for not filing this ... |
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 Parents Tax Question? |
My dad has just moved into a senior home and I was covering his costs for a couple of months. My mom passed a way while the house was in escrow.
He received the proceeds from the house sale and ... |
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 Can I take Childs Tuition off my taxes? |
My son goes to a private school and I was wondering if the education is tax deductable. Its a Catholic School. I know college can be deducted....
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He is in Preschool ... |
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 Why in India the Budget never helps a common men? that too Salaried sector? |
Why in India Budget gives "soft" corner to Industralists, Businessmen. Why its always a burden pass on the common community the 'end user' who always suffer in every budget.
I... |
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 How do I report tips when my employer does not deduct taxes from tips from my paycheck? |
| my employer will not allow me to report tips to have taxes deducted from my paycheck. Is this Legal in Pa.? If so, is there a way I can fill out my W-4 form to save me from paying out at the end ... |
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 I don't understand the "Head of Household" option on W-4? |
| I guess I always thought that whichever spouse made the highest income was automatically deemed as Head of Household...but maybe it's really for unmarried people only? Hmmm...I know it's ... |
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 I just spoke with a rep at the irs and i have some facts for everyone.? |
| the only people getting their direct deposit stimulus payments early are the ones who normally wouldn't file a tax return every year. those of us who file every year are still not going to get ... |
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 How much of a tax return will we get with 3 kids, making like 50k this year? |
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just a ball park amount- we live in OKlahoma, we are military- it doesnt have to be an exact amount- just a quick figure.... |
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 If you cash out your 401K and taxes were taken before you received your cash out, how do you file this with IR? |
| How do you file this with IRS? Does the cash out total go with your wages and income? And does the taxes removed go with your federal taxes? I live in the state of Nevada with no state tax. T... |
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 On parole and have an IRS audit that cannot prove? |
| I know someone that is on parole on drug related issues and they have an IRS audit that they just received from their taxes last year. They claimed someone elses children and gave that person money ... |
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 Who can legally claim my sisters kids? |
| ok, this is the situation, my sister has lived at my parents for the past 2 years WITH her 2 children, she doesnt work, she is still married but her and her husband dont live togehter. he basically ... |
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 My Mother got her stimulus chech on saturday.? |
It was a total of 600.00 her last to of her ss# is 07 so checks are coming. Has anyone else gotten theres already? I am expecting mine soon cause the last 2 of mine are 11.
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 If my gross pay pa is £35000 (UK) and my personal allowance is £6000, will I have to pay 40% income tax? |
| The HM Revenue site states 40% tax on income of over £34,800, but it is not clear if this is nett of personal allowance. Thus if my pa is £6000 my taxable pay is £29000, or does it mean 40% is ... |
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Cherish | If I did not work in 2007 do I still need to do my taxes? |
I was not able to work at all in 2007 due to the health of my baby boy who was born 3 months early and has had many health issues. I had some myself this year as well. I have no income to report besides the social security benifits I get each month for my son. That is about $620.00 a month. Other than that I had no income due to work or anything like that! I have a friend though who keeps telling me I should still file and that I can and should still get a "child earned or unearned credit" (Not Sure Which One It Is?) now that I have my son. I figured that you can only get that if you have been working. She is so certain though that I am still eligable for the Child Earned or Unearned Credit. So I thought I would ask here and see what the responses are like. Just in case she is right. That money could so help out right now. Please share all info you can on this! If you can provied links to that would be great! Thanks in Advance.
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So even though I receive the SSI on Behalf of my son ....(who is 4) I still put that down as income? Is Social Security money considered income? I thought that was only considered as income if it was a job and or you received a W-2 from it!? Now I am really confused! Please Help! |
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Russ B
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Okay, I will clear this up real fast.
No, SSI does not court for Earned Income Credit (EIC).
No, if you had no income then you don't have to file a return.
However, just a FYI Alimony is taxable and child support isn't. But, neither apply for the EIC.
Another hint...when you get a 1099 from the Social Security Administration (SSA) you should see that it is issued using your child's SS #.
I hope this helps! |
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Locked & Loaded
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I believe that you still have to file your taxes, but you won't show any earned income. If you don't file any paperwork for 2007, that's going to send up a red flag. |
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rlamas_06
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if u get a tax form from the income..otherwise maybe u file a " zero " income return. |
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prcsdime
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You do not need to file. I highly doubt that you will be able to file on this income alone and still get the Earned Income Credit. You said his dad paid for mostly everything, why not let the dad(if he's working)claim him and he can get the child tax credit or earned income credit(child tax credit brings an extra thousand dollars and the earned income is based on the person's income) if the child lived with the both of you or lived half the year with the dad. |
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double R
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I ain't no expert, but file your taxes. If you didn't make any money uncle sam is gana wan't to know that isn't he? If not they will be chasing you down thinking you owe them money (and by then you may with late fees) My advice talk with an accountant. |
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v b
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If the SS check is made out to your son, the paperwork will have his SSN on it. Since has no other income, you do not need to file a return for him.
Your friend is confused. It's EARNED income credit, not unearned. It requires a paying job. So does the Additional Child tax credit. |
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Jennifer
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maybe you could claim if you brought in any income... have you babysitted any children and made money.... you have to claim it if you did... what have you done that has brought in money last year |
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Morpheus New-Age Rainbow Warrior
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not really, although there may be other reasons to file, like are you head of household, and is that your son's money... go to the library and they have tax help.... use it! |
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mckludge2002
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Yes I think that you are in fact eligible for that. Because if you make under a certain amount of money that year your eligible. I would figure you made way less then that amount.
But you do also need to report the SS income as income.
Good luck.
Edit: Did they tax the SSI bennies? If not then I don't think you would have too. Sorry for the confusion. I'm finding out more info for you.
Oh and did the checks get made out to you or to your son?
Okay I'm sorry I couldn't find what I was looking for.. but I believe if you made under a certain amount in a year you don't have to report it.
But here's what you need to do. Call H&R block and ask somebody there. They'll be able to answer your question more certainly than anyone here. So far.
--------------------------------------...
Edit: But did it get taxed? It's made out to you then it's your income. Granted that it his money and good job for using it on your son! A lot of people these days wouldn't do that.
Oh derrr *smacking my forehead* are you married? Then if you didn't earn anything and your husband works then dang he can claim you and his son as dependants. That's what I'm doing. My wife is a stay at home mom I work and support the fam I'm claiming them both as dependents. I don't even think my wife has to file. Although it's not a bad idea too because then the gov knows you didn't make anything and they won't grow suspicious. And hey I mean what's the worst that could happen they can't squeeze water out of a rock right? |
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