I received a lump sum from a 403b due to hardship. How do I file this 1779.00 on the Sched. A ?
Answers: Schedule A is for Itemized Deductions.
a lump sum distribution due to hardship goes on form 5329, which you can download from irs.gov
Hi,
This is not the answer but I want to know where did you get that money from? I'm been looking for 4 days and I have no idea where to go. I'm facing financial problem.
We owe a student loan will we still get the tax rebate check that president bush is talking about ?
Answers: R u serious.. I never even thought about them withholding it because of student loans.. I didnt think they could do that..
I thought you got it no matter what.. Its for the economy boost not to pay loans..
Im interested to see what others think on this one..
the devil is in the fine print.
normal 'tax returns' will be held to apply to ferderal student loans. however this is not a 'tax return', would not hold ur breath on u getting this one.
Are you already making payments on this loan? And are you current on payments? I doubt that the govenrment is going to apply this rebate check to a loan.unless you are in default.
Hello Loretta
Im not really sure what your looking for. But I found this site below and from the looks of it, I think it would be a lot of help...
Check the bottom half of the page, I think thats what your looking for...
anyways, gud luck Loretta
I wouldn't spend your rebate before it was in hand thats for sure!
Someone asked what we think of these checks and defaulted student loans. Why shouldn't it go to repay your debt? The government gave you a loan in good faith that you would repay it. It was NOT free money! Now, the government IS giving out 'free' money. I believe they should keep it to repay DEFAULTED student loans that some tax payers neglect to pay! Its the Government people! They will find a way to get their money back every time. I'd rather owe anyone else than them!! Sorry if that offends some people who don't pay their bills, just speaking my opinion!
Tax request for information..can parents claim me?
I have a problem. Please don't believe to be ;(So in '07 I registered for conservatory, but dropped all my classes and never attended because I have to deal next to some personal issues. My parents thought I was surrounded by school full time and presently it's tax season and they're looking to claim me. My interrogate is can they? Last year, I moved out of their house in August, I'm 21 and I wasn't surrounded by school. But contained by '06 I was within school leisure one semester, they claimed me and everything worked out fine. My dad told me that even if you register and drop all your classes you can still be claimed because in that are "loopholes." Can someone with excise experience please help me infer, I really don't want to get my parents surrounded by trouble with the IRS :(
Answers: they can claim you if you be in their house-and they suppported you-for 6months or more out of the year. Tell them almost school until that time they file their taxes, in recent times so that they dont put it in writing that you be a full time student living with them.
yeah.
so long as nobody else is claiming you as a dependant presumption (including yourself, if you had qualify income) then they can.
Your parents cannot claim you since you be not a full-time student for at least piece of 5 months during the year. Ditto for 2006.
If you don't come clean beside your folks, they COULD have IRS issues to buy and sell with. There is no "loophole" as your father claims. Period.
They can claim you aslong as you dont claim yourself. you two hold to agree on what your going to do.
We did that with our 21 yr feeble son last year and he be completely moved for entire year.. This year we arent going to.. He will claim himself and we wont claim him on our taxes..
your parents can claim you as a dependent up to the age of 24 as long as you are a full time student. your dad says he can fin "loopholes", but next to the irs comes and audits you all, and asks for proff of you person in arts school as a full time student??
Here's the page defining a qualifying child dependent - it's from the irs.gov site.
http://www.irs.gov/publications/p501/ar0...
You can resolve for yourself if you meet the certificate, but I don't actually regard as so.