i decided to leave my job september 05 and try setting up my own business. Within that year i made 33 k but did not pay any tax out of this i paid for all new computer etc and needed a care to ...
It is my understanding that a daycare provider must be licensed to be able to get a tax credit or use the Dependant Care benefit through work. But I hear of people using the social security number ...
ok so i filed electronically this year on Jan 21st, the person who filed for me told me i should be getting my check deposited into my bank acct by the 1st...and I just checked the irs website and ...
I filed my taxes using Turbo Tax on 01/17. It was accepted by the IRS on 01/18 and at the time, it said that I would get my refund buy 01/30. I ended up checking the IRS website a few days later and ...
I have a lot of friends who do it themselves and say it's simple. There are also people who say you get more back if you take them to a place like HR Block or a CPA. Will I be able to maximize ...
I currently work part time as a medical transcriptionist at home. The only expenses I deduct at the end of the year are books and equipment, etc. and also my DSL but can I deduct part of all of my ...
So back in 2005 I worked at a summer job for about 2 months and earned around $1,000 point being that I was not required to file taxes that year because I earned so little that year. My question is ...
Q. I'm eligible for a payment but I still owe federal income tax from a prior year. Will my payment be reduced?
A. Yes. For this purpose, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support. If this occurs, you will receive a letter explaining how the stimulus payment was applied.
Audrey A
If you owe the taxes and do not pay by the time that the rebate check is released, they will take the money and apply it to what you owe.
Momio32
Yes. If you do not pay the entire amount owed before they send out the rebate checks, then they will take the rebate and apply it to the outstanding balance. If what you owe is not that much, I'd advise you to pay it asap.
chatsplas
Yes. It will be applied against your tax debt. Bush is helping you pay off your tax obligations.
AnnieG
If you owe the irs for 2007 taxes, its likely they will adjust that against the tax rebate that you might be eligible for
Grandpa
yes all back tax child support and student loans offsets they will take all or part of the rebate for the amount due sorry
Ms. Angel..
Per IRS website the stimulus rebate will be offset to any government debt. EVEN if you have an installlment agreement, per the Installment agreement states any and all refunds will be applied to your balance due.
Huba
They will deduct what is owed plus interest and if any is left, that's what you get.
T K
I'm in that situation myself, I know that if you don't pay what you owe before April 15th...you will be penalized and owe more( late fees). I don't know about you but I would like to recieve the the whole amount from the stimulas check I hope to get!
Dr. Goldfish
Yea it might. Only if you have not pay them any thing. If you set a payment plain with them it might not.
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