 Trying to file taxes. Dont have w-2 where is my Emplyer Id number? |
| I am using my last paycheck to claim my taxes with. Does anyone know where I can find my employer id number???... |
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 Can I file my taxes without my W2's? |
| My husband and I were planning on filing jointly this year as this is the first year we were married. My employer generally doesn't send out our w2's till the very last minute. My husband ... |
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 I have a tax question maybe someone can give me answers to? |
| i'm a first time tax filer i've never done it before what is the best place to go get my taxes done that would possably give me a part of my refund that day i go,and any tax place that ... |
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 A child living at home turns 17 Oct 27, 2007 can she still be claimed as a dependent? |
Additional Details
any idea how to override the HR Block Tax Cut programs response because it says she is 17 so not eligible as dependent?... |
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 I've been made redundant and I might be pregnant - would this change my package? Am I entitled to more? |
| I'm due to leave the firm 30th August, and have agreed a package. I've been at the firm for just under 2 years. Does the company have any duty to pay me anything if I'm pregnant and ... |
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 How important is it to declare profit on rental property? |
| I have a retal propert nowy nearly 8 months, income is alot greater than mortage, Should I declare it to inland rev, also is there anything I can write off against my profit? What would be the ... |
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 Does finance or boyfriend meet the qualifed dependent test when I am filing Head of Household? |
Additional Details
Seems to me a boyfriend meet the requirement for "qualifed relative" test but not the "qualifed person" under HOH test. But why? and if I am ... |
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 Tax Audit question, re: 401k Distribution? |
| I got audited on my 2006 tax return for taking an early distribution from my 401k. When I closed the account, I was given the option to have them withhold the penalties and taxes, or to give me the ... |
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 How much are you supposed to get for claiming your child on taxes? |
| He is 2 as of the end of last year. If that helps and i am head of household.... |
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 Who do you hire for filing complicated taxes? |
| I will be filing some complicated tax forms for 2007. I probably can't just take them down to H&R Block. I owned and sold a sizable amount of stocks & options (and lost a large amount of ... |
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 Question about taxes when selling a house and not buying another home...? |
| I purchased a condo 5 years ago. When I made the purchase I put a down payment of $25,000 down. I sold the condo in 2007. After closing, I walked away with $22,000. I did not purchase another home. A... |
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 Why has my employer asked me to fill in a p46? |
i have a p45 but its about 2 years old
my new employer has told me to fill in a p46.
why cant i just give them my p45?... |
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 Question about the tax rebate and dependents? |
| Since the tax rebate is based on your income in 2007.. will I still receive the rebate for my dependent who was born in 2007? Do they base dependent checks on 2006 tax return claiming? I am unclear ... |
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 Populer saying: ife, death and taxes? |
I'm have a tip-of -the-tongue experience and i'm not getting past it.
How does that populer saying go:There are three things that are certain: life death and taxes??
I'm so ... |
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 My Employer did not withold enough from my W2, what do I do? |
| Basically at one of my jobs (I had 3 last year), I earned roughly 3,300, but only about $44 was witheld. Normally this wouldn't be a problem, but I made about $21,000 last year. Needless to ... |
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| I've been moving a lot in 2006, (NV,NY,CO) transfering for different starbucks. What do I do about taxes? |
I don't think I have any payment records. Can I call the starbucks to get that info? I really know nothing about taxes.
T... |
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101help101 | Who gets to claim the kid on taxes? |
Okay I have a four year old step son and his mother technically has full custody, we get him every other week anyways my question is if she claims him on taxes is there anything that we can claim him on as well or can only one of us claim him at all?
Additional Details
And we pay 323.00 a month in child support can we claim that at all? |
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rtfm
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In general, it's the custodial parent who gets to claim the child. And no, only one of you can claim him.
A lot of divorced parents make a deal that they each claim the child every other year. If you can get your husband's ex to agree to this, she'll need to sign a form 8332 for him to submit with his tax returns.
Child support is never deductible. The everyday costs of raising a kid are never a tax deduction, not to any parent. |
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Big Woof
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You will have no claim on the child. Also, child support is never deductible. |
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ninasgramma
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The parent with whom the child resides the greater period of time is considered the custodial parent. The custodial parent has priority to claim the child, but may waive the exemption to the noncustodial parent.
Child support is not relevant to the tax exemption. Child support is not deductible.
If child support is received from the father, that is an indication that the child actually lives with the mother. If this is not the case, the father can request a change in support payments. |
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panti-slave2006
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only one parent may claim the child as a dependent on their taxes.
do not forget, however, about the child care tax credit. speak to your attorney about how this will apply in your case. |
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Judy1
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Only one of you can claim him, and that's the parent he spends more nights with during the year - you might have to count the days to determine that if you switch off weeks. Paying child support doesn't enter into the decision of who can claim him. |
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stephenweinstein
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No claim for child support is allowed on tax returns.
Only one person is allowed to claim an exemption for any one child.
Only one person is allowed to claim any one child for other tax purposes, such as the earned income credit.
These are not always the same person.
However, in the circumstances that you describe, she is probably both the person who can claim the exemption and the person who can claim him for the various credits, etc. |
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Frank S
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From your quick note: His mother gets the deduction - you get nothing.
What both parents need to work out is: "Who is paying more than 50% of the child's annual (overall) support?" AND... If the parent who has legal custody (is not,) will she/he be willing to give up the exemption to the non-custodial parent [ Form 8332, Release of Claim to Exemption...] Maybe the two parents could work out to who's Tax Return would be the greater advantage.
Q: If you pay child support, are you allowed to deduct anything on your taxes or claim the child as an exemption?
A: Nothing can be deducted for the child support payments. Child support payments are neither deductible by the payer nor taxable income to the payee. You may be able to claim the child as a dependent. The parent who the child lived with for the greater part of the year is the custodial parent. Generally the custodial parent is allowed to claim the exemption for the child if the other exemption tests are met. However, the noncustodial parent may be allowed to claim the exemption for the child if the custodial parent signs a Form 8332, Release of Claim to Exemption for Child of Divorced of Separated Parents, or a substantially similar statement.
Please refer to Publication 501, Exemptions, Standard Deduction and Filing Information, and Publication 504, Divorced or Separated Individuals, for more information.
References:
Publication 501, Exemptions, Standard Deduction and Filing Information
Publication 504, Divorced or Separated Individuals
Tax Topic 354, Dependents
Q: Are child support payments considered taxable income?
A: No. Child support payments are neither deductible by the payor nor taxable to the payee. When you total your gross income to see if you are required to file a tax return, do not include child support payments received. For additional information, refer to Tax Topic 422, Nontaxable Income, or Publication 504, Divorced or Separated Individuals.
Q: Is child support considered earned income when calculating the earned income credit?
A: No, for purposes of calculating the earned income credit, child support is not considered earned income.
Please refer to Publication 596, Earned Income Credit, for a complete discussion of the earned income credit.
References:
Tax Topic 601, Earned Income Credit |
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barneycrisp
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whoever pays more than 50% of his support (food, clothing, shelter, etc) |
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