Adoption tax credit: can I get a refund if it exceeds my liability? |
| Ok, first, our family pays no taxes. We're a single-income family, I'm fairly low- to middle-income and we have four kids. So I do no withholding at all, and with all the child tax credits, ... |
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Can I file "tax exempt" and have additional holdings withheld on my W-4? |
| I currently (and have for 2 years) have my tax witholdings set as exempt and witholding an additional amount on my W-4. I tried to change my W-4 to exempt and witholding a different additional ... |
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post office never did foward my irs check.? |
| irs sent my refund check to my st. address instead of my post office box. they sent the check may 24. i have called irs to see if they sent the check back and they said its not in their system. post ... |
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Why would my boyfriend blame me for owing the IRS? Because he feels stupid ? |
| I have been seeing this guy for 8yrs ( yes , YEARS) I don't sleep with him , I dought I EVER WILL. He recently got caught be the IRS (I.R.S.)and initially owed them 28 thousand in back taxes....(... |
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what are the taxes on $6,000,000.00? |
Do you know what the taxes on six million dollars is? If so i would appreciate your answers no ridiculous answers please!!! Additional Details I am being given ,by a friend, this in ... |
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Can I claim exemption on my W-4? |
So I have my first job ever and I have to fill out a W-4 form, and I got stuck on step 7 which says:
"I claim exemption from withholding for 2010 and I certify that I meet both of the ... |
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How do i go about getting my tax return from 2007? |
| I joined the Air Force in 2007 right at the start of the tax season and apparently my PIN to get my refund didn't go through. I called the IRS people and they told me I needed to send a copy of ... |
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REVISED: Mom passed away leaving my daughter as beneficiary on an Annuity? |
| Here is more specific information on my previous question: My daughter could not have the money until she turned 18. When she turned 18 she cashed out the annuity being a death benefit inheritence ... |
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We got a license for a small business but that is as far as we got. Do we owe taxes? |
| We renewed the license for a couple of years, but nothing has been done or nothing materialized. Do we need to file a tax return on this small business if there has been nothing done but to revew ... |
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Why can't we have flat tax system? |
| I think income tax is bad because it steals all the money from rich people, and they take little money from poor people. Doesn't that teach us that less education means worse job, and worse job ... |
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Do I bring my business credit card bills to my accountant when filing for expense deductions? |
I had recently opened a new business, but I was not sure how to file for expense deductions for taxes. Do I bring my credit card bills? Or how would I present my expenses to my accountant? A... |
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What will I have left after tax (Australia) if I get a bonus of...? |
if i get a mid year bonus of AU$2950, and it is not entered into my account with my pay but as a separate lump payment and gets taxed (i have a HECS/Uni debt)..
what will I have left? A... |
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Is it worth amending my 2008 tax return? |
| So here's the story...I realized that I didn't include any info from my 1098-T form I got from my university in 2008. I remembered to do it in 2009 and because of one of the new education ... |
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Is it the end for unemployment benefits? |
| My unemployment beneifts expired today and I am on my 1st extension. I just got the word that the voters did not pass the extension bill to continue with the 4 tiers available. I am in Florida and ... |
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Why am I not entitled to Working Tax Credits? |
| I am being made redundant in a week (am currently on maternity leave) and I am due to have a baby in 3 weeks. My partner works full time (in a low income job), but HMRC have estimated that I will not ... |
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IRS still hasn't processed my 1040X yet?!? |
I submitted my 1040X on April 5th. Delivery Confirmation said it was delivered on April 8th. I paid the taxes I owed the next day online.
My tax preparer said it's taking so long ... |
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Deborah | what should my friend do amend her tax's return or wait for the irs? she filled her return incorrectly? |
she works a full time job and received a regular w-2 then she also worked a part time job which she received a 1099 mic.
she reported all of her income on line 7of her 1040,which was wrong cause she was suppose to report her 1099 misc on line 12 for business income.
She should still receive a fund less then the original amount because she had to pay self employment tax's.
She called the irs cause she mailed out her return in February and on wheres my refund she received code 1301, so she called the irs and they told her to wait for a letter that was two months ago.
Should she amend her return or wait.
She actually had some amend her tax's they told her she getting 700. dollars less cause of the self employment tax's but not to send in the amend return till after she receives her refund. cause it will delay the return longer.
I told her to mail in the amend return its not going to make a difference now cause already been waiting for months.
What should she do?? |
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Ms. Angel..
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She can't amend a tax return that has not been process yet. Have her contact IRS again, in fact have her call early tomorrow to 866-897-3315 and they can let her know if the original tax return has been processed or not, and can explain code 1301. She should have receive the letter 5-7 days from the date IRS sent it out. Two months is way too long.
good luck |
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the tax lady
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It's after 4/15. If she gets her refund check NOW and then files the 1040x, she will owe $700 back WITH interest and penalties.
If she files the 1040X and it overlaps, the IRS will freeze the first refund until they calculate the new amount--a big delay, but no interest and penalties.
The penalties and interest on $700 is $6 a month. Her choice. |
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waggy_33
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File the amended return as soon as possible. There will not be any penalty. If she receives the refund check in the mean time she can return it with the explanation that it is incorrect since an amended return was filed. It could take months to get a letter from the as to why the refund is being held up and she can speed things up by filing the amended return now. |
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Bostonian In MO
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She needs to amend her return ASAP. Penalties and interest can accrue from the filing deadline until the date that she files the amended return and pays what she owes. She wants to get the amended return in before the IRS releases an erroneous refund amount that is too high. |
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tro
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she has already filed an amendment? was it a correct amendment or has she realized there are more corrections to be made
if she already amended, she would have included a Sch C and probably SE with her amendment,
any amendment will take time
or she can actually call and wait to talk to a hot body to discuss the situation of her erroneous return and the amendment already submitted
don't mess up the process with another amendment |
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