Filing Taxes near Ex's?
My ex husband of a year and a half have gotten to file taxes later year and claiming the 2 girls that we have since i wasnt working at the time, since we be still married he was required to split it...i have to pay within since i was gettin laying-off, well this year he is wanting to claim the girls again as dependants and said i could claim the EIC... I told him that since i be working i was gonna claim them this year since it's single fair? right, every other year.what should i do? should i consent to him claim them as dependants and me still claim the EIC...he only get them every other weekend he dont have soul custody of them, i provide them beside EVERYTHING they need clothes, toothbrushes, toothpaste, every in a minute and then food for when they run down there.i focus its only generous that i claim this year..HELP.Answers: the first question: when you divorced, did the motion even mention which parent gets the exemptions? If that answer is no, consequently ask yourself if it benefits you to have the dependents on your return. The kids qualify individual you for EIC, but you might miss out on additional child due credit (if your income is high plenty to qualify you for this addtl credit). If your income is over $11,250, it would benefit you to take a dependent. If it is over $14,650, it would benefit you to pinch both dependents. Also, consider the coming rebate. It is supposed to be based on your income and number of children claimed on your return. This might not be the year to release the exemption of the kids to their father. If he files electronically since you do and claims the kids, you must file a dissertation return and you claim the kids also. The IRS will sort it out and it sounds like you will come out the victor.
How much money did you make this year ? If you have a smaill income you may not need to claim your childern on your taxes. what well-mannered would it do for you to claim then if you enjoy no tax liabilty ? you obligation to sit down with your duty advisor and see if you need to claim any of your daughters. If you dont convey him he can but make a business that he splits some of his extra refund near you
Need a give somebody the third degree answered going on for claiming tips on taxes?
Someone recently told me that I should claim tips on my taxes (I hold children so they said I would benifit) that I didn't claim while I was working as a server. I own tried to find information on this but am still not sure. We were required to claim 10% of our sale when our shift was over (example-sales be $300 I would have to claim $30.00 surrounded by tips for that shift) Most of the time I would leave near $50.00-$60.00 per shift. Am I allowed to claim this extra amount? If so how do I go almost it? Hope someone can help me out. Thanks contained by advance.Answers: You should be claiming adjectives tips as income, according to the IRS.
Publication 531 (2007), Reporting Tip Income
For use in preparing 2007 Returns
Introduction
This publication is for organization who receive tips.
All tips you receive are income and are subject to federal income tax. You must include contained by gross income all tips you receive directly, charged tips remunerated to you by your employer, and your share of any tips you receive under a tip-splitting or tip-pooling arrangement.
The helpfulness of noncash tips, such as tickets, passes, or other items of pro are also income and subject to tax.
Reporting your tip income correctly is not difficult. You must dothree things.
Keep a day after day tip record.
Report tips to your employer.
Report adjectives your tips on your income tax return.
This publication will explain these three things and show you what to do on your levy return if you have not done the first two. This publication will also show you how to treat allocated tips.
http://www.irs.gov/publications/p531/ar0...
The IRS code say you should report all of your tips you recieve during you time working. here is some more reading.
"Tips your workers receive from customers are generally subject to withholding. Employees are required to claim adjectives tip income received. This includes tips you paid over to the member of staff for charge customers and tips the employee received directly from customers." irs.gov worthy place to read
Are the government rebate checks taxable or tax free?
Answers: It would not be taxable. And H&R would not know.
It is not taxable at the federal level not sure what the states will do but they will probably not tax it.
The rebate is tied to a reduction of the 10% bracket from 15% to 0% on the first $6,000 of taxable income in 2008.