Taxes Questions and Answers

Can she use Social S Card?

a friend of mine asked me if her child died 5 mths ago can she still use his social s card to file income taxes or would in that be a problem to use it even though he is not alive. and all the hospital bills that u payed..


Answers: If the child be alive at all surrounded by 2007 you can claim him as a dependent for the entire year, as long as he lived with your friend and is not claimed by someone else.
If the child be alive in 2007, she can claim him. Next year, she can't. A child who is born or dies counts as have been alive adjectives 12 months.

The hospital bills are an itemizable deduction. If she in general files as head of household, she already get a standard deduction of $7850 and would individual itemize if the total for that is high.
As long as the child was born alive below state law (once a birth qualification is issued by the state you've met the test, presumably that's the valise if she has a SS card for the child) she may qualify as a dependent for adjectives 12 months of 2007...no matter how long the child certainly lived. If the child meets the rules to be a qualify child of more than one person (i.e., both parents, for example), the custodial parent commonly is permitted to take the dept exemption for 2007.

As for the medical bills, if reimbursed, they may be taken as an itemized conjecture on the top Schedule A, but only to the extent that the total medical expenses of the house exceed 7.5% of adjusted gross income (the digit on the bottom line of your 1040, page 1). This is severely hard to do unless the unreimbursed medical costs be massive and/or one has relatively little income.

In 2008 your friend will be set to her qualifying child(ren) or relatives for that year...and this child will not again qualify.

Good luck!

Tax return relief?

i did my fed levy myself i cant find the address to send my return. do u know the address..thx


Answers: Go to www.irs.gov and click on IRS resources, later click on where to directory tax return and find your state.
Find the address here....
http://www.irs.gov/file/index.html
You've asked this contained by the Australian tax slot, so you'd send it to the ATO, not the IRS. Look surrounded by the White Pages online under establishment departments for Australian Tax Office www.whitepages.com.au

If I am divorced with one child how much rebate will I get?




Answers: There is no tax rebate for having children.
The first answer is what is planed but it can change once everyone puts there two cents into it..

Personally not to be rude but I'd be happy to get anything..
What they want is for you to spend it not save it..
Remember greed is why we are diving toward a recession and the housing market is falling.. I think the housing market is way over priced anyways but none the less, greed is the key..

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