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 Can anyone give me ONE GOOD reason why we should EVER INCREASE our income tax rate?

Additional Details
The answer is simple...

We should ONLY LOWER the income tax rate. Time after time, it has been shown that decreasing taxes has only increased our tax ...


 Can my boyfriend claim me under his tax refund?
We are culturally married but not legally, I have been living with him for the past few years, id say ever since i was 17 and now im 19 turning 20 next month. I am a basic unemployed woman.
We ...


 U K Based Question?
My friend who is in her mid 40's has been left some money as both of ther parents have died. She has paid the Taxman a huge ammount of money and is left with about 40k.

She has not ...


 How many hours is a full working week?
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 Are payments that someone makes to me considered additional income?
I made a loan to a person and they are paying me back . This was for a loan to help them purchase property. My question is this. Are the payments I recieve considered additional income that I have ...


 Direct deposit?? tax refund?
i chose to get my refund direct deposit and did irs e-file it say's i my direct deposit will be sent on march 7th when should i expect it to actually be in my bank account?? also i filed with ...


 How come kids still have to pay taxes (gst, pst etc.) if they can't vote?
Kids can't vote but are still forced to pay gst and pst. How is this right and how come no one has done anything about it. From my point of view if i can't vote or be heard then why should ...


 I have a friend who hasn't filed her taxes in about 4 years, what should she do to rectify the situation?
She doesn't have all of her W-2's either. What's the best way to get back on track?...


 Why does the government always resort to taking money out of our pocket?
Everything is tax, tax, tax. Green tax, inheritance tax, this tax, that tax. It's such a pain in the ...


 What benefits can I claim?
I earn around 60k, my wife is on maternity leave with our first baby. Are there any benefits we can claim to help with childcare / upkeep / anything else?...


 Am I eligible for income tax at 15 years old?
I'm 15, live in Texas and make $7.50 an hour. Am I eligible for income tax? I made $2000 over the summer and $300 was deducted, but I don't know I was even eligible....


 What should I do if I owe 5 years past taxes to the IRS?
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 Can any1 help ?? got a letter from my local council today.....?
about my council tax & housing benifit claims they are sending around an officer to my home on monday what does this mean? am i in trouble?
Additional Details
its a council officer ...


 What are some reason why your income tax refund would be kept by the irs?
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 Is it just me but I didn't receive my IRS stimulus check and my last two numbers are 05???????
They stated that thy where sending them out starting on the 28 this of this month.. I seen somewhere on the internet where they where doing 800,000 on Monday, 800,000 onTuesday, and Wedsenday and ...


 Does your state have a tax free day?
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 Has anyone gotten there tax rebate check direct deposited in there bank account today?
I read a news story on Yahoo saying that the ssn's ending 0-22 would start to get direct deposited today since the IRS was ahead of schedule with the checks. I had my taxes direct deposited so ...


 Can I legally be claimed as a dependent?
I am 22 and live with my parents and am also a full time student. I made $14,000 last year. My parents pay for my college witch is no more then $5000 a year. and my car insurence along with health ...


 Is there anything we dont pay tax on?
We go out to work and pay tax on what we earn. We go shopping and pay tax on what we buy. Fill our cars with fuel and pay tax on that plus road tax to have our car on the road in the first place. D...


 Is Big Brother (the government) monitoring Yahoo answers.?
Or is it a coincidence that one week after asking a question on how to avoid tax, I got an IRS audit....



Debbie
If two people claim the same person for taxes but only one has the childs SS number who gets it and how?
My mom claimed him but she doesn't have the social security number while the father has the number and plans to claim him when his W-2's come in... what will happen to them.... and who will get the tax return?
                     
 




Baby
Rating
maybe jail or she will have to pay back every thing


msladybug17268
it all depends but the one who has custody of the child claims that child,


Crazy Cat Lady >^..^<
Without an SS your mom is SOL..Why are two people claiming th eboy who ever has primary custody is the one who claims the child


patrickmcc55
Your mother can not claim the dependent without a SSN. The IRS will refuse the deduction.
If the child was in fact cared for by the grandmother, (without support from the father), she is legally entitled to claim the child a a dependent. She can inform the IRS that the father is withholding the information, and ask for a ruling.


lady_daizee
Rating
the social security number is now required to claim the child on the taxes, so she may be out of luck. I would think the person that has custody of the child is normally the one that would claim him unless the parents have some other type of arrangements made.


Take Responsibility
There are set rules to decide who is ENTITLED to the dependency exemption (I've provided a link to that information). On top of that, the IRS will not allow a dependency exemption with a social security number.

Some responders talked about "IF" there is an audit. If two parties claim the same dependent using the same social security number, you can be virtually certain they will receive notices from the IRS.

If two taxpayers try to efile their returns both claiming the same dependent, the second return will get rejected. If a taxpayer is entitled to a dependency exemption and is afraid someone else might try to claim it, file first! (If you file second, paper file the return so that you can claim the exemption.)


Jan J
Rating
Whoever has physical custody (unless otherwise stated in divorce papers) claims the child.
Where does the child lives at least 51% or 6 1/2 months out of the year?
Your mom can't claim the child without a SS #. However there is time to get one.
If both claim the child..then somebodies going to have some explaining to do. Usually it is the one who gets the tax return in last...it can cause a lot of confusion.

Unless the parties involved can work this out, before they file, it can and will delay your tax refund for quite a while.

My son still hasn't received his return from last year because of such a situation. He has court ordered custody but "mom" fraudulently filed the children on her tax and now my son has to prove he is the legal guardian of the children. It has been a mess.
And yes my son's Ex wife will have to pay back any over payment she received due to filing fraudulently. There can be charges brought against a person filing fraudulent information on tax returns.

But you do have to have the SS# to file.


jseah114
The dependent exemption for your mom will get kicked out, even if she filed first, because the SSN is not on the return. The father's return will have the SSN, so it will get accepted. By the time your mom tries the clear it up by providing the IRS with the SSN, the father's return will probably already have been filed, so your mom's return will get the dependent exemption denied again.


T H
Rating
Your mother must have the social security number to claim the child. The IRS will ignore the deduction without it.

If your mother gets the # and claims him, and then the father claims him; the IRS will catch that. If your mom files quite a bit earlier than the father, she may receive the refund. Then he will file and the IRS will catch it then. Or they will file too close to the same time and the IRS will hold the refund of both of them. They can put a lien against your mother until they decide who the refund goes to, if she receives the refund before the father files. They will usually send both parties letters asking for proof that they are entitled to the deduction. I have seen them do this quite a bit. The person the child lived with for 6 1/2 months of the year is entitled to claim him.


Jase
Rating
She must have the ssn to claim him. And as stated before, the guardian gets custody. If they both file and the irs gives them both a return, I urge your mom to contact them IMMEDIATELY and fix it. DO NOT spend the return until she has spoken with them. She will probably have to pay it ALL back and then refile.


gyro-nut64
If your parants are divorced, that would depend on how the Courts set up child custody. I think that only one parant can claim the boy. SS number does not enter the picture.


Judy1
Rating
You can't claim a person without having their social security number, so if your mom sent in her return on paper without the soc #, her claim to him will be disallowed, or she'll get a letter from the IRS asking for the number before her return can be processed. If she tried to efile, the return would not be accepted in the first place and would have to be corrected and retransmitted.

Your later question has more detail, and it sounds very possible that the father does not have the right to claim him.


golferwhoworks
it depends on what the courts have said in this matter. The custody papers should spell it out in plain language. Typically alternating years. If not then the custodial parent should get the credit


Matt C
Rating
Both will get the return, nothing will happen unless there is an audit. Then whoever will have to prove that they are finacially respnsible for that child.

However, your mom will need to get the kids SSN if she wants to claim him.


george
Who is the rightful owner of the child and who has the child's SS number. That is the person that can claim and receive the cash. The other person can be held up for fraud and acting under false pretences so to speak.


Thaylen M
The person who the child lives with is entitled to claim him on their taxes. Call 1-800-772-1213. That's the social security information service line. They will explain what you need to do in this matter.


areynolds04
Rating
Can't claim someone unless u have their SSN


tiny_dog10
Rating
You have to have the childs SSN to claim them. However, if you do so without the child qualifying as a dependent you are in violation of the law and you CAN get in trouble but somehow I seriously doubt the IRS is going to give a crap about one guy running around with a misappropriated child tax credit. My dad claimed us for years even though my mom had full custody and also claimed us. He was never audited.


VirtualElvis
Rating
Likely, both, if your Mom gets the SS#. Otherwise, they may not accept the deduction. It'll only be a problem if BOTH of them are audited.

Your Mom should get the SS#, though. You need it for school, bank accounts, and a bunch of other stuff.


Martinmm
Rating
neither


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