Taxes Questions and Answers

Do I own to wages taxes on these scholarship?

I have recieved scholarship from UT. These include Tennesse Lottery (And The Aspire) and two pell grants. I procure refunds from college because the funds overflow. Do own to pay taxes on the overflow?
I live within Tennesse and I've never had to database taxes before.


Answers: no pell grant come from the government and you basically don't have to repay taxes on the others
If it is a grant no,if it is a loan yes.

Me and my husband made .?

about 3500 dollars final year and we have a three year elderly i was wondering if anyone know about the child due credit and if i am elgible for it and if i can get the eitc and the child credit at impossible to tell apart time?? i dont think i own ever got the child excise credit ?? any help is appreciated thank you and God Bless. jess


Answers: You in reality have to own 'taxable income' to receive the Child Tax Credit. It is a non-refundable credit. at certain income level you can qualify for the Child Tax Credit, Earned Income Credit, Child and Dependant Care Credit, and the Additional Child Tax Credit at the same time.

Do single, on the dole students profile taxes?

My friend goes to academy full time, and she doens't work. Does she need to allege that she's unemployed, or simply do nothing?


Answers: you are not required to wallet if your income does not exceed $8750. and you are single
NO when you don't have income you don't record.

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