Taxes Questions and Answers

Economic Stimulus Tax & Child Support?

Hubby has child support taken from his remuneration each week. (The child support is stated as 'arrears'. Even tho the lay down was hand after the child was emancipated and 17 years after the divorce). He have never missed a payment nor be late surrounded by 5+ years but it's still 'past due'.)

His charge refund be intercepted by the Treasury Dept and credited toward the balance this year. Which is the first year they enjoy touched it. We NOW know of the new statute in place on the subject of this issue. (over 500.00 in arrears-they intercept-period)

Is this duty money going to be handled impossible to tell apart way?

Thanks!


Answers: Any rebate would be applied to the debt first.
Rules haven't been finalized even so - but if I had to guess, I'd guess it will be intercepted.

I received a memorandum from the Missisippi Bureau of Revenue axiom that a claim have be made against my discount.

Shouldn't I have received something previously from the state charge people wise saying I had a delinquent levy account past they took my 2007 refund and applied it to a prior year's claim. To my scholarship, I DO NOT have any delinquent taxes. In reality, most year's I get a compensation, and have found no errors on my prior years returns and hold never gotten a bill from the tax commission. What should I do immediately and how do I prove I have no charge delinquencies?


Answers: try this # Financial Management Service at 1-8OO-304-3107.it will ask you for your ss# and it will tell you if within is any back taxes or other offset you may have have or have hope this can comfort also call the irs and give somebody a lift to them and see what is up
does the letter influence the claim was from a prior year's income taxes?

at hand are plenty of other potential causes for a claim -- child support, for example.

Under Bush's stimulus plan who qualify as a child...?

this is what I read in a tabloid column:
Anyone who gets a rebate of any size will draw from an additional $300 for respectively child eligible for the child tax credit contained by 2008. To qualify, the child must be younger than 17 on Dec. 31, 2008.

So will a child who IS 17 qualify? Or only 16 and lower than? Not sure how that reads.


Answers: means of access it states the child must be under 17 on Dec 31 2007 to qualify sorry it say that they will go stale your 2007 returns
It will be 16 and under with the sole purpose. The wording of the bill refers to IRC Sec 24(c) in defining a qualify child. Sec 24(c) defines a qualify child as under age 17 at the conclude of the tax year. Since this is an mortgage payment of a 2008 levy credit, the child must not turn 17 in 2008 to be eligible for costs of the $300 credit to the parent.

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