 Can i claim this dependent?? |
| my 25 yr old son lives with me and he worked and made $6000 he filed income tax form 1040A to get back a refund, can i still claim him on my taxes as a dependent as i provide more than 50% of his ... |
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 Should child-tax credit only be available to married parents? |
| To stop encouraging single-parent and broken families, should the government only offer child-tax credits to adult husbands and wives who are both the parents of the child/children claimed on the ... |
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 Can I deduct taxes/interest on three houses in this circumstance? |
| We recently moved and bought a house before we sold our previous home. These homes are our previous and present primary residences. Our previous home is on the market. We also own a second home. C... |
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 Can I Sue My Employer For Not Giving Me My W-2 Before Tax Season Is Over? |
| My employer never gave me my W-2 form. Therefore I cant do my 2007 taxes. It is April 3rd 2008, and I still have not received any kind of notice, or forms. I spoke with him several times after J... |
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 Did anyone get their tax rebate from the IRS today? |
| I was supposed to included in the first group and I don't owe anyone anything. I was paid my return via direct deposit. So, did anyone receive their payment today?... |
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 Can't anyone who pays taxes & lives by themselves claim head of household? |
| I worked all year, pay all my bills, phone, rent, cable - went to H & R Block to file my taxes & she said I did not qualify for Head of Household. I know I did last year, why not this year? A... |
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 Help with Taxes!! Please!!? |
| I need to know what happens if you do not pay what you owe when you turn in your tax forms since an extension doesn't help that. I don't owe very much but I have absolutely no form of ... |
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 How long does it take to receive your Federal refund after you eFile? |
| I provided my bank account info... I'm just waiting for the cash.... |
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| I want to know if a law suit settlement is taxable or not? |
| The settlement received was net of the attorney's fees and was for emotional duress on a sexual harassment case. The case was settled out of court. The harasser is in prison under a non related ... |
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 Have a job and a business, any problem if I deposit a payroll check into my business account? |
| I work for someone part time and also run my own business. Is there a problem if I deposit a payroll check (taxes have obviously been deducted already) into my business account?... |
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 What can I claim? |
| on my taxes in america?...can I claim my groceries?..i save all my safeway receipts..... |
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 I dont know if i need to file taxes as a self-employeed web site designer? |
| i am a student and do this part time, i only made about $7000 last year by checks, i was told if i did not receive 1099 forms from the businesses i did work for, there is no record of my work sent to ... |
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 Who can claim my son? |
| My son (6 yr old) stays with me and is disabled draws social security. My husband and I are not divorced but have not lived together since 06. I did not work but I did draw unemplyment in 07. My ... |
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 What happens if you dont pay your taxes on time? |
| do they just throw you in federal prison on the 16th or what?... |
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 Someone checked there rebate by social security number somewhere - what?!? |
| Someone told my friend they were able to check on their rebate yesterday or today on some website (obviously not the irs website) and find out exactly when they'd get theirs and exactly how much ... |
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CBK | If my income is less than the prescribed IT limit should I file IT returns for that year.? |
I have been filing IT returns regularly. Filed IT returns for the financial Year 2006-2007. I resigned from my job in march 2007. Earnings for the year 2007- 2008 less than the prescribed limit for tax payment. Is it mandatory to file IT returns for the assessement year 2008-09.
Thanks |
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N.J.Reddy
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If you are filing your returns for the first time, then you can skip your returns because of below taxable income. But when you are a regular assessee, you should file your returns (Below taxable returns). If you skip your returns, the department may send you a notice, if you file your returns for the nest FY:2008-09 or so with taxable income.
Take the help of some one and file the returns. The ITR-1 or ITR-2 are very easy to fill. You can take the help of some one in Yahoo answers it self. There are about 7 to 8 persons in TAXES-INDIA who can help you correctly in filling your returns for free. |
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jijo
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its alwaya advisable to file i.t. return every year even your income for this year is below i.t. limit file return of 'nil' ( no tax money payment) as it will be benificial in comming years when your income will increase. |
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BS
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Will its not a must. But it will good if you file it. So that atleast you can add up some papers as documented proof of a Good citizen |
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The God
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There is no need to file the return. It's not mandatory. However, I would suggest that you do, for various reasons, like visa, etc. |
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Jane
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When you have no income where is the question of income tax. There is no need to file the returns. |
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keshav raman
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Better to go to the website of IT dept and get clarified. |
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simran s
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even if your income is less than the prescribed IT limit, you must file your IT return. |
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Rohan86
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Its not mandatory to file return, if ur income for the previous year is less than the prescribed limit.
But i would suggest you to file ur return because it will help u to maintain ur IT file which is very important in todays world.
U can file ur return before 31st March, 2009. |
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