I am a single mother of 2, how much should i be receiving from the rebate checks?
Answers: Under the compromise bill passed by the Congress, you would be eligible to receive a rebate of up to $600 if you paid that much in Federal Income Tax. If you only paid $350 in taxes (less than the $600 rebate limit), you only get back $350. If you had earned income of at least $3000, you would get at least the minimum rebate of $300. If you qualify for a rebate, you would receive an extra $300 for each dependent child.
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.
It's like a one time tax cut for 2008, but you get the rebate now instead of waiting to file your 2008 taxes. Because this is an advance payment on your 2008 taxes, your refund next year could be more (or less!) depending on your 2008 income.
Use the calculator below to compute your rebate.
You leave out one very important piece of information - did you have income for the year? If you had at least $3000 of reportable income (child support wouldn't count) you should receive somewhere between $300 and $600, plus $300 for each child, for a total of $900-$1200 depending on whether or not you paid any income tax for the year.
Does walmart charge sale import tax on video games?
its a pretty dumb question but i forgot so....Answers: Depends on the municipality you live contained by. Call them.
If it is taxable in your nouns then they do. If not, after they don't!
I have legal guardianship of my grandson do I claim him on my taxes?
Answers: YOUR RAISING HIM YOU HAVE THE PAPER WORK TO PROVE IT EVERY THING YOU GET BACK WILL BENEFIT HIM YES YOU CAN CLAIM HIM
Your gonna need to give more info than what you gave to even get close to answer.
I was just in a similar situation with my daughter and my parent's where they had legal guardianship, but they couldn't claim her as a dependant.
Did he live with you for more than 6 months in 2007? If so, then you can claim him as your Qualifying Child. If not, then you probably can not.
Legal guardianship does not matter to the IRS, only PHYSICAL custody.
Did he live with you? How long--more than half the year? Did you support him? How old is he?
Probably.
Only if the parents are not eligible to claim him. It is not sufficient for them to decide not to claim him. If they can claim him, you cannot, whether or not they actually do claim him.