How to wallet export tax return for my son who is a student and worked portion time within 2007 and made $11,400?
Can i claim $2000.00 tax nouns on my tax retun for himCan i claim child import tax benefit (CCTB) for him
Can i calim any other provincial rates relief for him
How should he profile his tax? as indivisual? or should we make the addition of his income to our family gross income?
Any answer will be highy appreciated.. thanx
Answers: Yes he wants to file his own due return.
Yes you can apply for the CCTB for him; whether you get it depends on the income of you and your spouse.
Regarding adjectives programs, from the CRA site:
The Canada Revenue Agency (CRA) administers the Alberta Family Employment Tax Credit, the BC Family Bonus, the New Brunswick Child Tax Benefit, the Newfoundland and Labrador Child Benefit, the Northwest Territories Child Benefit, the Nova Scotia Child Benefit, the Nunavut Child Benefit, the Saskatchewan Child Benefit, and the Yukon Child Benefit.
There is no want to apply separately to qualify under these programs. The CRA will use the information from your Canada Child Benefits application to determine your eligibility for these programs. If you are eligible, the amount of any payments will be calculated automatically base on information from the income tax returns you and your spouse or common-law partner record.
http://www.cra-arc.gc.ca/benefits/cctb/f...
As for the New Child Tax Credit, of $2,000, yes, you'd be able to claim him for that.
http://www.cra-arc.gc.ca/agency/budget/2...
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How much tax do you pay on $5000.00 rub off lottery win, in New Jersey ?
Answers: No sh*t me too.
There is a required minimum 25% federal withholding tax on any winnings over $5,000. It might be more if you're in a high tax bracket.
New Jersey residents pay no state income taxes on lottery winnings.
I enjoy received 1099-G from the State. What should I do?
I have received 1099-G from the State (OH).The form shows Refund for excise year: 2006; State or local income tax compensation: $XXX. I have already file returns for this year - what should I do?.Answers: Did you file a 1040 form surrounded by 2006? Did you itemize? Did you itemize your state's income taxes (not sales tax)?
Unless you answer YES, YES and YES, you didn't use the state taxes to bring a tax benefit surrounded by 2006, so none of it would be taxable in 2007.