 My mother-in-law is co-signing on a mortgage loan for us. The loan will be in her name. My husband? |
| and I will be on the title. My husband and I, not my mother-in-law will be making the mortgage payments. Who can claim the mortgage interest on their tax returns? She will not be making the ... |
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 Why did I get a refund if I still owe taxes? |
| I just got a letter stating I owe taxes from 2003...how come I have received a refund every year since then if I owed the IRS money? Why didn't my refund get put towards what I owe?... |
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 I claim single and zero on my W4. I just found out that I owe nearly $2000 federal! How can this be? |
I noticed that my federal taxes paid were exactly 10% of my income. Could this be the reason why? i never asked for a certain percentage to be deducted.
Additional Details
Adding more ... |
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 UK Tax levels are amongst the lowest in Europe - so why do we keep seeing complaints about high taxation? |
UK mean income tax is lower than most European countries
UK VAT is lower than most European countries
UK Corporation Tax is lower than France, Germany Japan and the USA.
Additional D... |
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 How much interest can I earn per year on a savings account without having to claim it on my tax returns? |
Additional Details
My total income is like 32,000
Also is there a site that I can find this info out for ... |
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 Stimulus check question? |
| so i am 18, i filed a tax return and my parents did not receive the $300 in their check for me... will i receive my own? i checked at the irs.gov site to see if i am getting my check and if i do it ... |
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 If you filled widow on your tax return...? |
Do you get anymore money on your tax rebate than just a single person?
Additional Details
Haha mojoeagle! I wouldn't be that stupid. Your comment makes me want to laugh(thinking of ... |
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 Being paid once per month versus twice? |
| I've started with a new company and they pay only once per month. I just got paid for my first full month. Is it my imagination or is the total of taxes taken out more if a person gets paid ... |
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 Can I include the value of recent repairs in my tax write off when donating an old car? |
| I would like to donate a very old and beaten up car. In addition to the Kelly Blue Book value for my car, I would like to claim the $700 in necessary repairs I recently had performed. Without these ... |
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 Who can claim a child on Tax Return? |
| Late June 2007-My daughter moved out of her residense she shared w/ her boyfriend, taking her child with her. She never held a job. Her boyfriend/ the father of her child held jobs here & there. T... |
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 I'm filling out my own tax return this year for lack of money to pay an accountant.................. |
what are the penalties for making mistakes - i.e., reporting numbers in the wrong place thereby changing AGI (for example)?
I just don't want to go to jail for making honest mistakes.<... |
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 Why is my Child & Dependent care credit =$0! TaxAct.? |
I paid close to $7000 for son's preschool but TaxAct software gives me $0 credit. I have entered all the info correctly.
I know the minimum child credit in my situation should be $600.
... |
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 Wrong social on w2? |
| does anyone know what forms need to be filed.. or the procedure when your ss# is wrong on your w2? my employer says that they cannot correct it.... |
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 Why do people allow themselves to be overwithheld on their taxes? |
By allowing yourself to be overwithheld and then getting a big refund check is like giivng the government an interest free loan all year.
On the IRS website, there is even a calculator where ... |
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neiakshi | What about people who PAID on April 15? Direct deposit on rebate?? |
All of these posts regarding the rebate mention receiving the refund already and wanting to know when they'll get the rebate. But what about those of us who had to PAY taxes??? Obviously any tax software we used didn't ask for our bank account info b/c we weren't getting money back. I did, however, write the bank account info in the appropriate blanks prior to mailing it off but will the IRS honor it if the rest of the form was filled out by a computer and the bank info was hand-written in??
Oh, and we mailed our taxes April 15th but the check went through our bank (as in processed by the IRS) April 22nd. Does that mean we shouldn't expect our rebate until May 27th or even a little later (if we are indeed getting direct deposit?) - our number is supposed to 'come up' this week but the IRS website has "no info at this time" for us which probably means our $2100 isn't coming this week... bummer! But I'd like to know about when to expect it...
Additional Details
According to IRS 'frequently asked questions':
Q. If I'm not expecting a refund, should I still fill out the direct deposit line on my return so I can get my stimulus payment directly deposited?
A. Yes. Even if you aren't due a refund on your tax return, filling out the bank routing information will allow for your stimulus payment to be directly deposited. |
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Clare
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If the ones that had to pay when they filed for 2007 filled in the line on the 1040 form for their direct deposit information, they'll get the rebate direct deposit. If they left that line blank, they'll get a paper check.
From the IRS website:
"Q. If I'm not expecting a refund, should I still fill out the direct deposit line on my return so I can get my stimulus payment directly deposited?
A. Yes. Even if you aren't due a refund on your tax return, filling out the bank routing information will allow for your stimulus payment to be directly deposited." |
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v b
 |
Bummer.
Tax returns that showed a balance due are the *last* ones the IRS processes each year (usually you wouldn't notice since the IRS takes their money immediately from your account). These may get done by the middle of June...and 2 weeks after that the rebate program should add the rebate to your account and 2 weeks after that the check should get mailed to you....
Very few software programs did an update to allow taxpayers who owed to enter their direct deposit information. When the programs were written, nobody knew you'd want to enter it. |
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cynic47
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The IRS will pay rebates by direct deposit if you show your bank account numbers on your tax return, even if you had a balance due. That's the good news. The bad news, however, is that your last-minute filing means it will take the IRS quite some time to process your return, calculate your rebate, and arrange for it to be paid. |
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SG
 |
Tagging along to the last three good answers...
Just because your check cleared the bank on a certain date does not mean that the tax return had been entered and processed by that day. It only means they had credited your account with the payment. As already mentioned, tax returns with refunds are processed first. |
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h_manka
 |
I did the same exact thing as you...I had to pay and I sent it in the same day you did and they cashed my check as well..I also put my DD information on the form so I can get my rebate check DD..my number is 46 and still have not seen anything on the website..Keep me posted when you get yours and I will do the same to you.
Thanks |
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Big Woof
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It will come as a paper check. You need to have had a refund deposited in an account for the rebate to go to that account. |
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sarahbhancock
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You will receive a paper check. If you didn't have a refund directly deposited, then it will be mailed. |
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Cheliebean
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I would think that you should get your rebate check as scheduled even if you paid on the 15th (it will come as a check). The IRS website showed no info at this time the day before I received my deposit, so it isn't entirely reliable. |
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