Taxes Questions and Answers

How much money do you own to earn to report taxes? {us}?

I worked last yr made individual made about 5000 i enjoy two kids living with me. Do I folder? let me know details just about what it. If i dont have to is it worth fileing?


Answers: You should ALWAYS database...
If you don't with kids you miss the earn income credits, etc.
You can even deduct babysitter charges, etc, etc.
Don't miss opportunity to help yourself and the children...

Can you attain earn income credit AND child import tax credit? Or is it like peas in a pod piece?

Are they different or are they the same point? Can you get both?

I live within CA
I am a single mom of a 3 year old
I made 10,500 within 2007
I paid 760 surrounded by federal
128 in state

I tried the H&R block calculator but it didn't hand over me a child tax credit.. Why?


Answers: They are different. It's possible to go and get both, it just depends on your income.

The Child Tax Credit with the sole purpose reduces your export tax. With your figures, you wouldn't enjoy any tax liability after subtracting your standard assumption and personal exemptions. No tax = no credit.
EIC otherwise is fully refundable and increases your refund. Your EIC would be around $2850.
And you didn't make satisfactory for the Additional Child Tax Credit.
they are different, but with the child charge credit there are constant stipulations in proclaim to get it. ending year and the year before i have to go to the bureau and file mine because the website wasnt working right on the child rates credit part.

How do I gain a previous year's Form 1099-Misc?

The company I contracted with will not respond to my request to distribute a copy of my 1099. I know you can get feeble W-2s from the Social Security Administration but don't think they save 1099s. Anyone know where I can win copies of my 2005 and 2006 Form 1099s?


Answers: download form 4506-t from the irs website. Or call 1-8OO-829-1040 or shift to your local IRS office within your city(you might need to christen the local IRS office and ask if appointment is needed, walkin's usually make the acquaintance of but you may have to lurk a while. IRS will provide the copies for free, can take up to 10 days if calling if you report 4506-t could take up to 30 days.
All income earn through out the year is reported to IRS it can be w2, 1099 or any type.

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