 How long does a refund take? NOT THE STIMULUS CHECK? |
regular refund? we just filed regular no fast check thing.
we filed our return about april12. any idea how many weeks it should take? also no direct deposit.... |
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 What is a tax write off? |
| i was told if i donate my car it would be a tax write off. does that mean i get back the full value of the car when i file taxes this year?... |
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 Why should we pay taxes? |
| Is there any legal way to stop paying taxes? Besides it is voluntary compliance.... |
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 Will my $600 tax rebate be direct deposited? |
| The $600 tax rebate that will go to most beginning in May, will mine be direct deposited since I had my tax refund deposited? The reason I ask is because I'm moving end of April or beginning of ... |
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 Last two of your SSN? Have you received your stimulus check? |
| I dont even know if thats something people feel comfortable giving but i thought id give it a try. :) Just thought id be fun to see how far along they are (even though i am aware of the official ... |
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 Why does my solicitor need my national insurance number when im buying a house? |
Additional Details
The reason i am asking is i have just come off aprentaship 0f the past 7 years I know its a long time but i have been an improer for the past 5 years therefore not ... |
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 Is it necessary to get new tax software every year? |
| I have TurboTax from last year and wanted to know if I need to buy the new one or will the old one still do the trick?... |
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 Can my ex-husband legally make me pay for his taxes this year? |
| My husband and I are currently going through a divorce. He was self-employed, so he was supposed to take taxes out of his own check. Unfortunately, he didn't do it, and now owes the government ... |
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 What are the chances that you will get caught by IRS? |
Don’t worry, I am not trying to actually do this…I am just curios.
I would like to hear from people who actually know the system.
Let’s say you are a par-time student and you ... |
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 Has anyone heard that the irs is illeagal? |
| i saw somewhere that there is no law that says you have to pay income tax?... |
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 Will I have to pay back my economic stimulus rebate check? |
| I have read in a few scattered places, including a comment in the local paper that the 2008 economic stimulus rebate check is in fact, an advance on your 2008 tax return refund. I know all the IRS ... |
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| Dress clothes u buy to wear at work is that tax deductible? |
| like button up shirts and polos required at work are these tax deductible???... |
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 My daughter is 10 years. She receives SS survivors benefits . Can I still claim her as a dependant? |
| I earn approximately $29000 per year, and my daughter has no source of income other than the death benefits which are approximatelt $700 per month. Does she or I have to claim this as income? And can ... |
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 Should I buy a program or go to the tax guy? |
| It'll cost me around 300 or more because of a home business...but I've kept good records for itemazations and business expenses.... |
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krishna p | Is it filing IT Retruns is compulsary, even if I m not paying any tax? |
Hi ya,
Is it filing IT Retruns is compulsary, even if I m not paying any tax. My cousin's salary is about 1.5 LPA.Is he required to file his retruns (as he can show that 0.5 L as deductable savings...etc) this year? |
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Orthodox Purushottam Kabra
 |
If gross income is crossing, limit of not chargeable to tax then filing of return is necessary though there is no any tax payable. You have not given your income figure.
Your cousin's case is fit to explain the above fact. Your cousin has income of Rs.150000/-. He has to file return though he need not pay any tax due to deductions allowed by income tax act.
Hence you both have to file income tax return. Your cousin can ask his employer to file his return giving full information to him or may file on your own. |
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delta
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the minimum gross tax free income is rs 1,10,000/- for males and 1,35,000/- for females. if your gross income exceeds these limits and u satill do not pay any tax due to savings under section 80C,u still HAVE to file the income tax return |
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torque
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When total income from all sources of income of any person exceeds the maximum amount which is not chargeable to income tax in any previous ending on 31st March then that person is liable to file his income tax return.
Proviso to section 139(1) of the Income Tax Act has been amended w.e.f 1/8/1998 with the view to make it obligatory upon any person to file return if he satisfies any one of the six conditions viz. is the owner or the lessee of a Motor vehicle; or, occupies specified floor area of an immovable property; or incurs expenditure for himself or any other person on foreign-travel; or subscribes to a telephone; or is a holder of the credit card, not being an 'add-on' card, issued by any bank or institution; or is a member of a club where the entrance fee charged is Rs.25,000/-or more; then he is required to file a return in Form No.2C.(for details see schemes : one in six module )
For an individual the maximum limit of income which is not chargeable to tax, for assessment year 1997-98 and 1998-99 is Rs. 40,000/- and for A.Y.1999-2000 it is Rs.50,000/-
Any person claiming a refund, or carrying forward of loss or who seeking any specific statutory exemption or deduction may also file the income tax return. The return of income has to be compulsorily filed if income exceeds the basic exemption limit |
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BDG
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Why you are obssessed about others. You have to file a return if you are covered under the critewria laid down: Foreign trip, membership of an expensive club, owning a car or house. I am not sure whether the other two have been removed - having a mobile or phone or owning a car. |
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T Khan
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it is as important as having a formal education of graduation or master's degree even though you doesn't require for earning money. |
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rajaram rao k
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It is compulsory to file Income tax return even though you have not paid any income tax. |
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Mr. Bond
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Yeah its a proof that youa re paying tax or a legal citizen atleaST IN YOUR CASE |
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t_ajitkumar
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Yes, If your income exceeds the limit prescribed by Income Tax act. Ie; if your total income for male _Rs 100000/-, For women Rs.135000/- for people older than 65 yrs 185000/- |
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rusht
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yes ,filing returns is compulsory,even if you are not within the taxable limits. |
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