 Why did the government make up this stupid rule "claimed as a dependent you can't get a rebate check? |
| I'm 23 years old and my mother should've never claimed me as a dependent. now I cant get my rebate check. I never should've gave my mom my SS card. So stupid, why did the government do ... |
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 My sons father asked about claiming my son on his taxes? |
| We split up in October of 2007, and I finally got my first child support payment the beginning of this month. He has absolutely no grounds to even ask about claiming my son as a dependent on his ... |
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 What if I don't pay my taxes and leave the country? |
I was a student in the US for about an year. I stayed there basically from December 2006 to Feb 2008. I left US in Feb 2008 to go back to my home country (I was a non-resident in the US).
I... |
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 Do you think application of VAT (Value Addition Tax) is fair and legal? |
The dictionary definition of VAT (Value Addition Tax) has a meaning and benefits the society.
I believe today's practises in VAT, move in a different direction.
To my ... |
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 Who should claim our son as a dependent? |
| My fiance and I lived with her family for most of the year. However, we both paid in several thousands of dollars we expect to get back for the most part. Her mother has been pretty persistent on ... |
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 Do youget money back from your taxes if you have a child? |
my husband and i had our daughter on january 3rd. do get money back for having a child. maybe i had heard wrong?
Additional Details
V P- my daughter was born in 2008. i already had her. ... |
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| Incapacity benefit question? UK? |
| A friend has asked me this and i dont know the answer, i have tried searching the website but i still dont get it, my friend is registered blind and obviously anybody can work even blind people, But ... |
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 How much more will i get back on my taxes if i claim my girlfriend? |
| my girlfriend was a student last year and i provided all her financial support and we lived together all year.I filed as single so they took out a lot from my checks.i made about 7500 dollars not ... |
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 If someone wins a lottery or wins at gambling who is responsible for paying taxes? |
Additional Details
I have someone telling me that you can take your whole earnings as long as you dont cash it you can deal with your responsibility on paying taxes. I dont think he is ... |
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 Once my husband and I receive our income tax check do we both have to endorce the check in order to cash it? |
| We filed joint taxes. We didn't qualify for electronic deposits. He was out of town when the tax center recieved the check. So I picked it up without him.... |
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 I bought cigeretts from the Indian reservation in N>Y> and got a tax letter from the Pa revenue saying I owe |
| Pa tax of $13.56 on each carton that I got. Does anyone know anything about this or received a letter also?... |
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 If you got your tax refund by direct deposit,was the money available right away or 1 or more days later? |
| I was told that my refund would be direct deposited in the bank account I picked by tomorrow. Will the money actually be available for me to use(withdrawal,transfer,etc.)? How long does direct ... |
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 Is there a Income tax return form for unemployed people? |
| My friend has been required to file her taxes, even though she has no job. Her only source of income is a partial pension payment from her ex-husband from the military. She doesn't know how to ... |
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 Why do I owe the IRS this year? This is the first time I had to pay the IRS money. I'm single. What gives. |
| It's not fair that single people pay more taxes..ughh. Just finished filing and I see I owe money...for the first time. What can I do to avoid this next year.... |
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 I want to withdraw about $10,000 from my IRA. I'm not 59 yet. How much will be the tax liablity? I know it's |
10% tax which is $1000. But there is an additional taxable income. Does anybody know how much this amount is or how I can calculate this amount?
Additional Details
Sean1010, believe me I ... |
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 What is "quid"? How much? |
| I remember getting a royaIty cheque months Iater after the record was out and it was Iike 50 quid or something.... |
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trixibel | Why do we need to know how much our stimulus rebate was to file this years taxes ? |
do we have to pay taxes on that ???/ |
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bumblebee
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This is straight from the IRS website.
Q. Is my stimulus payment taxable?
A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment.
Q. If my stimulus payment is not going to affect my 2008 tax refund or increase the tax I owe next year, why is it I need to retain the letter that lists how much I received?
A. In the event you do not qualify for the full amount on your 2007 return but you do on your 2008 return, you will need to have the letter as a record of the amount you previously received.
Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?
A. No, the stimulus payment will not reduce your refund or increase the amount you owe when you file your 2008 return. |
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Judy1
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No you don't pay tax on it. But if you qualify for more based on your 2008 return, you'd get the extra. So if you think you might qualify, you'll calculate what you'd get based on 2008, then subtract what you already got. If that's a positive amount, you'll put it on the rebate recovery line. Otherwise you'll put zero on that line, since you already got all that you are entitled to. |
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Ms. Angel..
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the reason you need the information on your stimulus is to make sure you received the amount you were entitled too, if you didn't you can claim it this year |
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ladyk321
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The people who are correct on here are the ones who are saying that if you didn't get the full amount you can claim the extra this year. They are not taxing us on that amount. I actually don't understand it though. Like they said I was SUPPOSE to get a certain amount at the time of the stimulus rebate and now they are saying I was suppose to get an additional 243. If everyone who was eligible was to receive 600 or 300 (even amounts) why now the 243? Weird number. |
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stephenweinstein
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You do NOT have to pay taxes on the rebate. Even if you want to pay taxes on it, the form does not allow you to.
If you did not receive a rebate, or received a rebate of less than the amount that you would have received if they had used this year's taxes, instead of last year's taxes, to compute the rebates, then you can receive credit for the difference. The only reason for needing to know the amount of the rebate is to determine whether you are entitled to that credit, and if so, how much. |
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momnwva
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The reason you need to know the amount of your stimulus rebate is because there are certain circumstances where people did not receive the full amount last year (there are a number of reasons). There is a possibilty that those who weren't elegible for the full rebate last year, MIGHT get the difference back this year. It is not so you can be taxed on it. |
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lyllyan
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Yes you have to claim it as income and pay taxes on it. |
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G S
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It was not really "free money" . . .it was a trick. It was a pre-refund of your overpaid taxes. Normally your overpaid taxes are given as a refund after you file. The money that was paid at the first of the year was an advance on your tax refund. If you don't have a tax refund, then the "rebate" becomes income that is taxable. Go figure. Keep it in mind when you think about corporate bailouts. |
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stevexnelson
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That's the only reason I can think of.
Good luck. |
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