Paid $600 in fed. taxes, recieved $270 refund, I am a dependent. How much $ will I get from econ stimulus?
Answers: If you are claimed as a dependent, you are not eligible for the rebate, but you may still benefit under the plan.
While the rebate depends on your 2007 status and income, it is actually a rebate toward your 2008 taxes. According to the proposed plan, in 2008, taxes would be cut from 10 percent to zero percent on the first $6,000 dollars of taxable income for individual taxpayers.
So if you have taxable income in 2008, you will see a tax cut when you file in 2009.
If you earned more than $3,000 and paid taxes, you get $600.
Will I grasp a Tax Rebate check contained by May?
Hi,I filed final year for taxes but only made $1200.will I still catch the tax rebate check President Bush is chitchat about?
Thanks
Answers: Since you do not hold $3000 in earn income, you do not qualify for the rebate, but you may still benefit by the plan.
According to the plan, in 2008, taxes would be cut from 10 percent to zilch percent on the first $6,000 dollars of taxable income for individual taxpayers.
So if you have taxable income surrounded by 2008, you will see a tax cut when you database in 2009.
The other responses are unsophisticatedly correct. Your earnings be not enough to qualify.
The address below provides the information contained by print.
Can the topical boy friend claim him contained by his taxes ??
i have 1/2 permissible cutudy of my son and get him every other weekend .. his mom have not worked for the last 2 years and she get child support from me , but now she wishes her new baoyfriend to claim my son on his taxes .. can he do that ??Answers: No he cannot. He can folder head of household, but cannot claim your son because he isn't his biological dad. Call H & R Block and ask them. I have the same problem next to my ex and his new squeeze.
ONLY the personage with LEGAL custody can claim a child on taxes...so how hold you been doing it for days gone by 2 years? I don't think you can both claim partially of him...I think one of you solitary can claim him-and if you only enjoy him on every other weekend then SHE is the one that can get hold of the deductions. But you should know how to claim your support payments. She (actually him) just desires to claim him to get the extra 'refunds' this year the affairs of state is working on. But until the boyfriend ADOPTS him-legally, he can NOT claim him as a dependant as long as you are paying support. If you can't afford a lawyer, look contained by the yellow page for Legal Aid and they will have 'free' trial advice.
Want to stick it to him? If YOU justifiably can claim him, do it...say zilch to them. When HE uses your son's social security number as a dependant and claims him...the IRS will be jump all OVER his butt...for false file!
Isnt' the law great? As soon as your taxes papers are enter into the IRS computers-it will match up social indemnity numbers and spit out matching ones that shouldn't be file.