 Why does my refund drop if i can be claimed as a dependent? |
| I'm working on filing my federal taxes. In 2006, I have a summer job in which I brought in about $5,885, as well as a job on campus (exempt from FICA) that brought in $1025. I also earned $108 ... |
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 Do you need to make a certain amount of money to file head household? |
| I was told at H&R Block that I do not make enough money to file head of household, I have two children and am on my own with a fairly decent job, but did not work much in 2005. Only grossing ... |
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 Is there ever a reason why I will not recieve a W-2 from my former employer? |
| I left under bad circumstances, and yet have not recieved a W-2. Is there a good reason for this, or do I need to contact them and get one?... |
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 I am an unemployed single mom will i get a tax return? |
| I am An Unemployed single mother and I am living with my parents. They had told me that i wouldnt be able to get a tax return becasue i dont have a job.. is that true even when I have a Baby? well if ... |
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 Do we get it again this year? |
| The auto refund every tax payer got last year, I think it was like 300 a person. Are we going to get it again this year?... |
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 Is everybody automatically entitled to a state pension? |
What would happen if they paid no income tax or national insurance in all their life, would that person still be entitled?
Thank you.... |
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 I commute to work 26 miles each way (40 minutes)--is that deductible for tax purposes? |
| I'm a teacher and I got the job right before school started, leaving me not much time to look for a new apt or cancel my current lease. So I stayed where I'm at but it's 26 miles away ... |
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 Can my wife's ex-husband claim thier child who lives with us? |
| My wife's ex husband has claimed their daughter. My wife does not work and I do. We are going to file married jointly but he has already claimed their daughter. This upsets me because he is ... |
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 Does taking a leave of absence mean quitting??? |
| I work as a PT sales associate and I am planning trip out of Canada...it will be for a month...I was thinking of taking a leave of absence but my employer told me that I will have to quit and that ... |
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 What does this mean? |
I checked my status on my federal tax return and it said that it was mailed on Friday and that i should receive it before march 21st then it goes on to say this
Your refund may be reduced to pay ... |
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 (Online petition)......Why is petrol and diesel in the UK? |
allowed to be sold by the 0.1p.
Example: 102.9p instead of 103p when it is impossible to split the 1p?
If you want to join the petition, visit the government link at:
http://... |
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 Do you believe illegal immigrants should be double taxed to prove they want to be here!? |
| Instead of being tax free for a couple of years they should pay like us! I don't remember ever getting to be tax free, WHERE'S MY FREEBE!!!!!!!!!!!!!!!!!!!!!!!!!!!... |
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 Donating and claiming it on taxes? |
Hi,
I have donated close to $3000 worth of clothing to goodwill here in Hawaii. But i didn't know i could claim it on my taxes. :( I didn't donated for the money but i didn't know ... |
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 Can you apply for unemployment while you are still working? |
| weeeellll .... the company i work for gave 260 of their employees 2 months to look for another job because the company is moving to Oklahoma ( im in CA) . but .. i have to stay in the company until J... |
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 INCOME TAX to be abolished ... To stop CHEATS? |
Or at least it should be . and put the lost revenue on FOOD.
That way you could not "CHEAT" the system.
You would only have to add 1 penny to every food item sold to recoup the ... |
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 I did not work and I did not collect unemployment, do I file a tax return? |
| I have not worked for two years. Someone told me I still need to file a tax return. Is this true?... |
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~♠♥CJ♥♠~ | Is it true that the tax rebates that they are planning to send out in May is not free? |
I heard that whatever money we get with the rebate this year are part of the taxes we are paying for this year. In other words, the rebate checks are basically an advance on your 2009 refund. The only people for whom this really is free are people on low income and those who will not owe any income taxes in 2008.
I know good and well that nothing in life is free, but many people are being led to believe that this money is free. Also, if this is in fact true, then people won't be willing to spend the money which is what they want us to do. They are defeating the whole purpose, in my opinion. I guess that's the government for you.
So who can tell me for sure if this is true or not?
Additional Details
Forgot to add, when I say "free," I mean free to the taxpayers. |
 |
 
Richard M
 |
While the rebate depends on your 2007 income, it is actually a rebate toward your 2008 taxes. According to the proposed plan, in 2008, taxes would be cut from 10 percent to zero percent on the first $6,000 dollars of taxable income for individual taxpayers.
It's like a one time tax cut for 2008, but you get the rebate now instead of waiting to file your 2008 taxes.
One thing taxpayers won't have to worry about is giving back any excess if their 2008 taxes show that the advance this year was actually more than they should have received. The law says the IRS can't recover the extra payment by reducing your 2008 refund or adding to your 2008 tax bill. |
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mikeeyman
 |
Everyone that fits into the income parameters is getting an advance on a 2008 tax credit...
Basically they are accelerating a tax cut...
You don't have to "pay it back"... If they were not advancing it now, you would get it on your 2008 return. |
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travelguruette
|
That is correct. It is an advance on your 2008 taxes. Next year it will be deducted from your income. |
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theoriginalgodwynn
 |
Every dime the government spends has to come from somewhere.
It is currently being financed by Treasury Bond Holders, but they will have to be repaid somehow. |
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af
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This is a really good question. I would rather not get the rebate seeing as how I get far less than $600 back per year. |
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Darth Scorn
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Well, it came from the taxes that working people have paid in. The Government is going to have that much money less, plus the expense of mailing it out. And not all tax payers are getting a rebate, and some people who are not tax payers are.
I'm all for people getting money back from the Government, but this isn't going to do what they claim it is. |
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I heart rainy days
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No. And we are not being taxed on them. Bush is wanting us to use them to put back in the economy. And that would be to spend it. I think its a great idea. |
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Quack Quack
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What people don' understand is that next year at tax time you will have to pay all that money back. When you file your 2008 taxes they will deduct what rebate amount you got & even make yoy pay the difference if you got mare back than you normally would have gotten. |
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