Address for file Fed. Tax forms from...?
2005, 2006, & 2007 all turn to the same address, should I use 3 different envelopes? Should I identify the year somehow on the envelope?Answers: Use different envelopes otherwise the returns may return with stapled together and not processed. If you owe money on 2005 and have refund on the other years mail it first. Any return for 2006 will be applied to 2005 as of 04/15/07 and save you on the interest and penalty.
Nope - file them within separate envelopes. They will know what year when they open them.
Some export tax preparers suggest you file them a month apart so the oldest one bring back processed before the newer ones do.
You don't enjoy to put them in separate envelopes, but I contemplate I would, just so things don't capture mixed up.
No you do not need to identify the year on the envelope.
Can I claim my daughter if she graduate surrounded by May 07 but be married earlier 12/07?
I paid her spring tuition, but she get married before June 30th, can I still claim her for 07Answers: If she is married, you can singular claim her if she claims married filing separately (MFS). This will be a huge detriment to her and her husband... Of course depending on their situation. But typically file MFS results in seriously more taxes paid... On top of that, the IRS audits more MFS filers than any other group.
While it would relieve you by claiming her... It would force them to file MFS, and hurt them a great deal worse.
no not if she is married now
I made 8000 dollars in 2006 but have been in college in 2007 and made nothing will I receive a stimulus check?
Answers: The proposed rebate depends on your 2007 income and Federal Income Tax liability.
While you get no rebate, you may still benefit.
While the rebate depends on your 2007 income, it is actually a rebate toward your 2008 taxes. According to the proposed plan, in 2008, taxes would be cut from 10 percent to zero percent on the first $6,000 dollars of taxable income for individual taxpayers.
So if you have taxable income in 2008, you will receive the benefit of the tax cut when you file in 2009.
nope. sorry.