 Why do we have income tax? |
I understand everyother type of tax. Except income tax.
Why should someone be charged directly from their income? It's completely unfair. I'm sure there are better reasons, I'd ... |
|
 Why is family allowance paid to rich people who don`t need it? |
| And, in order to stop its abuse, why isn`t a portion of it paid in clothing and footwear tokens? I heard some people putting this viewpoint forward the other day and wondered what Q/A `s opinions ... |
|
 Kk....i need to control ma temper..vat do i do?? |
| i really need to have a control over ma temper.vat shuldi do??... |
|
 Should a 16 yr old pay tax on 8 hours a week job- if so how much? |
| They took a load of tax from him when he first started but we don't know if or when he'll get it back.... |
|
 What will happen if I do not include my husbands' 1099R on our tax returns? |
| The reason I ask this is because we REALLY need the money right now because I am unemployed at the present time due to a sickness. The early withdrawal was for $18,000 and we paid some federal taxes(... |
|
 We are married and are both claiming 0 -- but still owe money ? |
| My husband and I both work and both claimed 0 on our W-4, but every year we owe taxes ...Together we make around $73,000 -- and this year we owed $1700! What are we doing wrong?... |
|
 Tax question? |
| My wife made less than 1,000 dollars last year, do I have to fill out her information on our taxes?... |
|
 Why does it cost so much to have your taxes filed? |
| Filing taxes every year is something we all HAVE to do, regardless of income. So, why does it cost some people so much to have them filed? The prices are getting outrageous..... |
|
 Does anyone know where our tax goes in the UK? |
| Just wondering what the breakdown was? Of say, every pound you pay in tax, 10p goes on Iraq, 25p goes on admin, 40p on the national debt, 2p on Health services, etc.... |
|
 Will the UK ever adopt the Euro as its currency? |
| It would mean the UK would lose control of its fiscal policey.... |
|
 How does the inland rev. discover that you are not paying tax if you haven't registered as self employed? |
| My sister is working for a doctor p/t and earning approx. £1400 per month. He does not pay tax or N.I. contributions and says she should register as self employed. She hasn't done this as she ... |
|
 This is about social security for people over 65? |
| I want to know if a man is collecting social security when he is 65,and gets a full or part time job,will he be able to keep the money from that job without it being deducted from his social security ... |
|
 WIll I be better of working?? I'm on benefits and really want to work but am worried bout rent etc...? |
i really really want a job....im on jsa and housing beneifit, but will i be better off if im working?? i'm really worried about how i'll cope with rent etc .......thanks
Additional D... |
|
|  |
jaded_u_714 | What will happen if my boyfriend claims his daughter on his taxes but his ex did also, illegally? |
My boyfriend and his ex have a signed legal document by their lawyer saying that in even years he claims her, on odd years she does. She is always broke and decided she wanted to go ahead and claim her this year. She already has her refund and went and bought a new tv with it. He has legal documentation saying it is his year to claim her. I've heard once he sends in his taxes along with the letter proving it is his year to claim her, she will have to repay the money she was refunded for her, and if this is not possible, could serve jail time. Anybody know anything more about this?? |
 |
 
Tim
 |
Your boyfriend should in fact be able to claim the deduction. What happens to his ex is really a bit tougher to say. There is a good chance she will be flagged for an audit, meaning she will need to either come up with proof that she took a legal deduction (which she can't) or pay the taxes owed. Depending on the amount of taxes, failure to repay COULD result in jail time and some very damaging financial repercussions. |
|
bostonianinmo
 |
The IRS will investigate the issue and determine who gets the exemption. If the agreement you mentioned meets the IRS requirements then the child's father will get the exemption. The IRS rules are very specific and many of these agreements (even court decrees) don't meet the IRS requirements and are rejected by the IRS so you should be prepared for that possibility.
If the father gets the exemption, the mother will just get a bill for any taxes due if her return has already been processed. The IRS usually does not prosecute these cases, they're treated as a civil duspute and the loser simply pays more tax. |
|
Royal R
|
Yes, legally she will have to repay the money. If she does not have the money, then the IRS will claim colateral that would retail out (and be taxed) at the same rate it was purchased and the retail value of the repossesion would be the same as the amount owed. Ex.: Federallly cheated taxes would be claimed in property, real estate, etc. If it is the state, then a court date would be set and she would have to either pay the taxes back or serve a community service or serve time, it's whatever the state decides. (don't know what state you live in)
Also: if all else fails, she can avoid the whole thing, pay the money back or let it show up on back taxes next year and deduct it (or add it to a balance owed) from an income tax. (This will prolly be the scenario because of how long it would take for her to get caught or the feds to process this case) |
|
~Sabie~
|
This will delay the tax return and any refund involved! Most of the time your boyfriend will have to show proof (legal documentation) to the IRS showing he has the right to claim this child and then the mother will be red flagged with the IRS for filing a false claim and she will have to pay back any refund associated with the child (earned income credit, child tax credit) plus fines and penalties |
|
Mr. Taco
 |
She broke the law. Your boyfriend should talk to his attorney, produce the documentation, and she'll have to pay it back. If she can't, she'll go to jail. I feel badly for her, but she should have known better, especially if she bought a tv with it. How dumb is that?
So yes, you are right about what will happen. It is a good thing your boyfriend has kept track of the legal matters. It could easily happen to anyone by mistake if they are not diligent about tracking this sort of thing. |
|
smh60437
|
If there is a fully executed document have it ready. The IRS will question the exemption, reduce your BF's refund and send him a notice. Never fear, he'll win.
What happens to the ex doesn't matter. Fuggda boutit |
|
angeljre
|
He needs to contact the IRS and tell him what she did and send them a copy of the legal document showing that it is his year to claim her. He can go ahead and claim her and they will make his ex repay the refund that she did not deserve to get this year plus they will probably charge her fines and penalties. |
|
YA is a sham
|
The IRS doesn't play around. If he has legal proof of your claim, they will come after her for the money.
Even with a divorce decree, the custodial parent must sign a tax paper ( Form 8332, "Release of Claim for Child of Divorced or Separated Parents," signed by the custodial parent.) for the non-custodial parent to be able to claim the dependent child on their taxes. If she refuses to do this, she could be found in contempt of a court order. It should be noted that failure to comply with a court order concerning custody can result in a change of custody and and she would in turn, be required to pay child support to him. He should talk to his lawyer, the court may file charges against her. |
|
Judy1
 |
He should send in his return by mail. Attaching the info on why he can claim her can't hurt.
The IRS will notify both of them that they need to prove that they are the one allowed to claim the daughter (if he's already sent it with his return, they might just take that but will probably ask for it again). Then the person who was not eligible will have to pay back what they got that they weren't entitled to. It would be unlikely they'd end up serving jail time though. |
|
Jaboopster
 |
She will get caught if she gets audited but to save your boyfriend from getting audited he should definitely show proof when he files his taxes. She will get into trouble but I am not sure if she will go to jail. If so she did it for a TV and deserves to go. |
|
?
|
Sounds like someone is in some serious IRS trouble. I wouldn't mess around with them .. they are evil!
(kidding)
Good reads about this topic:
http://www.taf.org/whyfca.htm
http://www.irs.gov/newsroom/article/0,,id=134094,00.html |
|
kja63
|
What may or may not happen to the mother of your bf's child really isn't any of your concern.
The IRS may audit and fine both parents! Her, for claiming what she shouldn't have. And him for KNOWING that she already claimed the child, but claiming her anyway.
But since neither of those people is you, I wouldn't get involved. |
|
kali
|
screw him find someone new!!! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 18 minutes(s) ago
| | | |
13 | 23 minutes(s) ago
| | | |
13 | 24 minutes(s) ago
| | | |
13 | 28 minutes(s) ago
| | | |
13 | 31 minutes(s) ago
| | | |
13 | 41 minutes(s) ago
| | | |
13 | 44 minutes(s) ago
| | | |
13 | 2 hour(s) ago
| | | |
13 | 5 hour(s) ago
| | | |
13 | 6 hour(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
