 Why register for VAT? |
| Apart from businesses having to register for VAT if their turnover is over £61000, what are the benefits for registering if you dont have to?... |
|
 I AM GOING TO BE A FATHER IN THE END OF NOVEMBER. I AM WONDERING IF I SHOULD CLAIM MY CHILD AS A DEPENDENT NOW? |
| MY QUESTION IS THAT I MAKE MORE THAN MY WIFE. SHOULD SHE CLAIM OUR CHILD OR SHOULD I? WHO WILL GET MORE BACK WHEN FILING FOR TAXES?... |
|
 How can a non-custodial parent claim child on taxes, if child support is up to date? |
my son lives with his mom, all the time. i have visitation, she stopped letting me see our son.
she is contemp. my attorney said i can claim our
son each year as long as my support is up to ... |
|
 Can I claim my girlfriend as a dependent? |
Hello
This might sound stupid but, can I claim my girlfriend as a dependent. She has been living with me the whole year, she is a student, she worked for like 3 ½ moths part time at the ... |
|
 How much will I make a check getting paid bi-weekly living in Maryland and making 30,000 per year.? |
| I just began a new job making 30,000/ year. How much I will make on a biweekly check. I'm single w/o kids. I would like to have more in my paycheck rather than get a big refund at the end of the ... |
|
 Can I claim money sent overseas to family as a deduction? |
| Granted, said family members do not live with me. If such money couldn't be claimed as a deduction for supporting family, can it be claimed as a deduction for charity?... |
|
 Do i need all W2's? |
My wife and i are filing jointly do i need to include her w2s if i made more then her and she did not work all of 2007?
Additional Details
sorry worded it wrong she worked part of 2007 ... |
|
 Do illegal Immigrants pay taxes? |
Im doing a report and thought someone would know
Additional Details
All of the websites i am seeing say that illegal immigrants do in fact pay taxes but all of these people say they don&... |
|
 I see advertisements to settle back taxes for "pennies on the dollar". does this work or is it a scam? |
| i live in california, and know i owe back taxes. i'm divorced now, but my my tax filings for 2004, 2005 were messed up by my ex, and i didn't file in 2006 because i didn't want to get ... |
|
 Unexpected deposit from the irs? |
| i have already recieved my income tax refund (state and federal) a couple of months ago. the other day there was a deposit in my account for several hundred dollars from the irs. could this have ... |
|
 When are taxes paid with a roth ira? |
| Suppose I start a Roth IRA with money that I have saved. I have been told that interest(s) earned from the Roth is taxable, but the rest of the money invested is not taxed since I used tax paid ... |
|
 What to report on stock proceeds for Tax filing? |
| I just received my 1099 from my online broker. I'm not sure what to report on gains so please help me. For simplicity, I bought stocks at $2500, and sold them for proceed of $2800. My profit ... |
|
 My ex claimed our child as a dependent on his taxes though I have custody and did not give him permission? |
| I live in FL and we are seperated, but not divorced. I have two children and have custody of both. He claimed one without my knowledge or permission. What forms do I need to fill out?... |
|
|  |
mizzhollywood26 | If you don't owe anything, are you guaranteed to get the May tax rebate? |
|
 |
 
Richard M
|
It's not how much you owe. It's how much you paid in taxes (including your withholding) that counts.
The tax rebate is based on your 2007 earnings and Federal Income Tax liability.
Assuming you are not a dependent, you would be eligible to receive a rebate of up to $600 if you paid that much in Federal Income Tax. If you only paid $350 in taxes (less than the $600 rebate limit), you only get back $350. If you had earned income or social security of at least $3000, you would get at least the minimum rebate of $300. Similarly, couples filing jointly can receive up to $1200. If you qualify for a rebate, you will receive $300 for each dependent child under 17.
Use the Kiplinger rebate tax calculator (link below) to compute your rebate. |
|
Judy1
 |
Not necessarily. If you are a dependent, you aren't eligible. And if you aren't a dependent, you have to have at least $3000 in eligible income on your 2007 tax return to qualify. |
|
Megan
|
You have to file, have an SSN, not be a dependent, and be between a minimum and maximum income. All the info is here:
http://www.irs.gov/newsroom/article/0,,id=177937,00.html |
|
jgcii
|
If you do not know the answer to this question by now it is very likely you do not qualify.
As long as you made >3k and <75k (as single taxpayer) AND you file a tax return you will get some money.
Note that any monies you receive this year will be deducted out of next year's refund. |
|
Lee, CPA - TurboTax employee
|
If you didn't have any ''tax liability" in 2007 (Form 1040, line 57 + line 47) but had "qualifying income" such as wages, business income, social security benefits, and/or VA benefits, then you'll get a rebate of at least $300 if you file your 2007 tax return.
Your withholding for 2007 and/or balance due on your tax return is irrelevant. It's the tax liability that matters.
For more info on all of your questions, check out this article:
http://turbotax.intuit.com/support/kb/tax-content/tax-tips/5462.html |
|
J N
 |
Yes, I just received a letter in the mail from the IRS stating as long as you filed a 2007 Tax Return, just sit back and wait for your May Tax Rebate. The Feds will calculate if you will get $300 or more. |
|
ℓᶓ†ʂ Gσ ℜᶓ∂ Wɨɳgʂ! Чεдh!
 |
yea |
|
aluz
|
if htey took money from u yeah i think so |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 16 minutes(s) ago
| | | |
8 | 47 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 5 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
8 | 2 week(s) ago
| | | |
8 | 2 month(s) ago
| | | |
8 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
