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 Do you have to pay tax on inheritance?
Do you have to pay income tax on inheritance under 50,000?
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live in clorado is there a state tax it is part life insurence and part money from selling a ...


 Got a chek from japan for 8,000 dollars who do i pay taxes to?
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 Irs stimulus rebates, is it a load of crap or what? no way you can get $1,200 as a couple filing jointly?
Myself(and my wife) both combined earnings are less than $10,000 never mind $150,000 but we filed jointly and were told to expect only $600

Relatives of ours also who earn way way less ...


 Can I do my taxes for free on the internet? I tried using turbo tax and it tries charging me 15 bucks,Im broke
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 What is fullform of VAT?
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 What is £190 plus VAT?
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 What do you think about the proposed tax rebate?
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 So why am I taxed for social security on my paycheck if I can't have it when I retire?
Where is my money going?

Thanks!...


 UK - Council Tax. I'm sure I am paying too much?
I live in a new build flat and pay £130.00 a month (think it's a band C)and that's supposed to be a single person's allowance. Spoken to a few friends who live in houses with families ...


 I was paid cash to do work on my parent's house. Should I include this on my taxes as "WAGES EARNED"?
or do i include it as a miscellaneous income? I am currently doing my taxes on TurboTax. Please help, i dont want to screw it up.
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If I add this on TurboTax as WAGES it ...


 Do I still need to file my taxes, even know I did not work in 2007?
I would like to file, but I do not think I owe any money. If I file online then I have to pay to file state. Would you do?...


 What is the average cost of getting your taxes done by a taxpreparer?
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 Who must have a social security number?
do all employees --even Native Americans --need a social security number?...


 I'm only 16 years old and have only worked minimal hours. Do I need to file taxes?
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 Did you know that if you re-new your car tax over the phone or internet they sting you for another £2.50.?

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Champagne I tried yesterday they would not accept "Debit card"...


 Whats the number for 911 ?

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well....you know, i am a blonde......


 If you work in a strip club and get plastic surgery, can any part of the expense but written as tax deduction?
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 Even though majority of the of people pay tax ,why does the government fail to satisfy them?
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 Has anyone received their tax rebate into their accounts today?
Just curious as to how many people actually have received theirs. I checked our account today, and nothing. I know the ss 00-22 were supposed to be sent first, and ours is 18. Kind of dissappointed ...


 I forgot to file my 2005 tax return, how do I file both last year's and this year's?
Can I file them seperately? I have 2005 forms? And what data do I need to add to the 2006 in regards to the 2005 return not being filed on time?...



BRANDI R
My stepdaughter is 20 and she says she needs our 1040 tax form for her fin. aid.?
Is this normal? I don't know how comfortable I am making copies of our taxes and giving it to complete strangers and why is this necessary if she is an adult
                     
 




Snoopy
This is normal. Even living on my own at 20, I had to provide proof of my parents income to get financial aid. This continues at least to age 21, and in some circumstances, it may continue past that. As for the why, the finacial aid groups generally still consider a student to be under the care of the parents until they hit 21 (just like some medical care programs!)


wizjp
I believe some college aid programs do require proof of parents income for some grants in aid


Susan S
Rating
The FAFSA which is filled out for all aid applications requires the parent's tax information - unless the student is independent and self supporting.


Judy1
Yes, unless she's independent of you, she'd need your tax return info for her student aid application.


dewkisses02
If she's your dependent, then she needs your tax information to show that she has financial need. And she's not "giving it to complete strangers." The only person that should see it is someone from the financial aid office at her school. They're professionals, they don't show your tax info to other people.


pinky_lady_2006
Rating
She may or may not need it. If she is living under your roof, and are providing for her education, then yes they will need to see the 1040 form.

This is usually only used to determine how much financial aid the federal government will give her. I am a current college student and I have to show my federal tax return every year in order to reapply for my Federal Pell Money.


sneezy7231969
I am not sure what schools these other people are attending, but when our daughter moved out, (and because of the circumstances), we refused to pay for her school. She went to the financial aid department and they never once asked for her parents proof of income. She told them she didn't live at home. And that was that. If your daughter doesn't live with you than she can get her own loans and her own financial aid.


Linh Thi
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She only needs it if she lives with you and is finacially dependant on you, if not, don't, she won't need it.


Heather A
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Because until they are 23 children need to claim parent's income when filing for financial aid unless of course they are married or have children of their own... If you talk to an accountant there are some things you can do but it involves going to court and getting lawyers, it's really not worth the hassle


j. deo
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thats correct. until youre 24, married, a vet of war or have kids, you need you parents tax info to get fin aid.
its BS, i know!


pheebe
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xxxx out your social security numbers on the form. You should be careful with this information. who knows who is going to be looking at this information until it gets in the correct hands. sitting on a desk, in a pile of other peoples 1040`s how many people have access to it. If it is mandatory for them to have your ss# have them write or call you. I wish your stepdaugter well in school.


AskAStupidQuestion...
if she's living at home, your income is considered in determining her financial aid. I forget what the criteria is for excluding parental finances in financial aid calculations. She would have to prove that she gets no support from you. Call the financial aid office to determine how to prove it.

My parents had to submit that info every year. It's not a big deal. Ask them what, if anything you can black out to make yourself more comfortable.


Amy F
This is a requirement for federal financial aid. They select a certain percentage of applicants to provide proof of income. If she does not meet the requirements to be considered a non dependent for financial aid purposes (over the age of 23, in the military, or a parent) she is required to provide your 1040 to the school financial aid department in order to qualify for aid. It doesn't matter if she is living on her own and supporting herself.


AM
Yes this is normal. When I turned I believe it was 23 then fin. aid was based on my income and not my parents. Watch out because you may be responsible for payment.


Shawn M
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Yes due to the dumb financial aid laws in this country, a person is not considered an independent(adult) until the age of 23. The only way to bypass this is either, she gets married, or joins the military.

So unfortuneatly to get financial aid she will have to go by her income as well as her parents income.


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