 I recieve child support,the father is claiming them on his taxes? |
| i know this is illeagel im custodial parent and the children live with me all year long what can i do about this??... |
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 Anyone know about taxes? |
| ok in 2005 my husband file his taxes he made 17,??? and for 2006 he made 32,000 ok he files head of household and claims 2 kids i don't have my name on his taxes (thats the way we want it) ok ... |
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 Can my parents still clam me on their taxes? |
i am 20 and still live with them. if so what is the cut off for being clamed as a dependent.
Additional Details
if i go a head and clam my self as a dependent and it truns out they cant ... |
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 I think I'm getting screwed. I was hired to a job at 25k a year. But I got my 2nd paycheck and? |
| I'm being paid biweekly. The initial amount was 965.15 for payment. But after they removed taxes and retirement, I was left with 672.74. This works out to a little over 300 a week. Making it ... |
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 Where's my stimulus check? |
| I filed my 2007 taxes and made over $3,000 last year. The last two digits of my SSN are 32. From what I have read, my stimulus check should have been direct disposited on May 9. It's now the 2... |
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 Is claiming someone else's kids when I file taxes okay? |
| My boyfriend's sister has 3 kids and she wants me to claim one of them when I file my income tax this year. I don't know anything about how things work but some how she says she would get ... |
|
 What is meant by TDS? |
| financial term,accounting,deduction,how is the deductiondone ,refundable,what percentage.... |
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 I just got married this year. Would it be more advantageous (tax wise) to file jointly. My husband and ? |
| I don't have any tax deductions (don't own property) and I make a considerable amount more than him. Obviously my goal is not to be 'eaten alive' by CA state and federal taxes. I ... |
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 Self Employed!! I want to pay for my fuel by credit card. Is it acceptable form of reciept? |
for the taxman etc ? I thought it would be a much neater way rather than have loads of reciepts for fuel messing up the place! If it isnt, is there another neat solution?
Additional Details... |
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 Do you get taxed if lots of people give you a little amount of money - equaling a lot of money.? |
| Lets say you need some money and you ask for help over the internet or whatever and 500,000 people each send you $1.00 -totalling $500,000. Would you have to pay taxes on the total amount? And if so, ... |
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 Tax credits overpayment question. Help!? |
| the inland revenue recently sent me a letter saying they have overpaid me by 1300 last yr, from when i split with my long term partner. I phoned up and told them 4 times that they were still paying ... |
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 How much of a tax rebate will I receive? |
My AGI is approximately $15,000.00 and I have one child.
What kind of a tax rebate should I expect?
Thank you in advance for all your answers.... |
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 TODAY THE IRS WEBSITE IS SAYING:Refund Status Results? |
| Your tax refund was direct deposited on January 23, 2009. If your refund is not credited to your account by January 28, 2009, check with your bank to find out if it has been received. Please wait ... |
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 Can i claim 99 dependents ? |
| if i change my w 4 to show 99 dependents is that ... |
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unknown | What is a major disadvantage of getting a big tax refund? |
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PepsiLime
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The major disadvantage of getting a big tax refund is that you are giving the IRS and/or your state an interest free loan of your money when you could be using it for whatever you wanted to do with it. But it is also a way of forcing yourself to save by putting extra withholdings where you can't touch them until the tax year is over. It is good for someone who isn't sure that they would be disciplined enough to have less taken out of their paycheck and put that difference into a bank account or investments. I do the same thing each year and get a big tax refund myself. It is nice to have filled out your tax return and know I'm getting money back, even though it's only my own money that I'm getting back. Now if you're getting a big tax refund because of Earned Income Credit then you're not getting your own money back, but free money from the IRS. |
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GUS
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The biggest disadvantage is that you allowed your money to be used by the Federal and/or State Government free of charge. You could have invested that money each paycheck and earned interest on it. |
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wolfatrest2000
 |
It means you have paid way too much in taxes the previous year. |
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John
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Getting a big refund means that too much money is being withheld from your paycheck. If you were to reduce your withholding, your refund would be smaller but you would enjoy the use of your money throughout the year instead of letting the government keep it (and collect its interest) until tax time. |
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Moxie Crimefighter
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It means that you pretty much lived on nothing for a whole year because your paychecks were taxed to death! |
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badboy84
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You simply gave the gov. an interest free loan. Don't get all excited. But since you have one, pay down all of your debt, then contribute to a Roth IRA only if you have a 401(k) plan or other plan at your job. If not, then I would suggest a traditional(tax deferred). |
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GirlinSac
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The disadvantage of getting a big refund is that you gave the government too much of your money and they have been using it, investing it, and making it earn interest for them all year. When you get it back, it's without any of the interest the government has earned from it.
Ideally, you break even on your return. You don't owe anything, and they don't owe you anything. That means you have kept more of your money, and hopefully invested some of it. |
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Khat D
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Disadvantage - You get smaller paychecks because more tax is taken out. You can change your exemptions to a higher number with your employer to change that (claiming 0 means they take the most out, claiming 9 they take way less out but you may end up oweing at the end of the year) The IRS doesnt care what you choose to deduct from paychecks, they get their money in the end either way..
Advantage - You get a big heap of money all at once without having to save it yourself and you can irritate the heck out of the bank by cashing that five figure check out all in ones |
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sunntonya
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you put yourself under a magnifying glass because once you get a refund, uncle sam would want to know why and how come? thus be ready with the supporting stuffs if you want a large refund. |
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bostonianinmo
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It means that you gave the government a large interest-free loan for up to a whole year and got much smaller paychecks every payday for the privilege of doing that. Pretty dumb, IMHO. I don't like to loan money to my drunk brother, why would I loan it to the clowns in DC? |
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Tapestry6
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The only real disadvantage is there is no interest paid on that money. Personally I could care less you don't get that much if it was in a savings account anyways. I like the refund its extra money for me to buy something I really need for the house. |
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mcalano77
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i wouldnt call it a disadvantage. I think its great. I'd rather have money in lum sum and get things that cost more like a car or house or something you can afford taking it in paycheck payments. |
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sodgirl6763
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Depends how many kids you claimed from the project becuase those moms want 500 or better |
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