When will be the right time to ring the IRS and report not getting my W-2 form.?
It's already been a week after the deadline and this is my first time file and really, I wanted to know how I budge about this situation.Answers: Your employer is required to provide or convey Form W-2 to you no later than January 31, 2008. If it is mail, you should allow adequate time to receive it previously contacting your employer. If you still do not get the form by February 15, the IRS can comfort you by requesting the form from your employer. When you request IRS help, be prepared to provide the following information.
- Your cross, address (including ZIP code), and phone number.
- Your SSN.
- Your dates of employment.
- Your employer's describe, address (including ZIP code), and phone number.
Please...contact the company first.
I know you're nervous, but you still enjoy better than two months to file. If they mail your W-2 on January 31, it might not arrive at your home until February 15.
Also, you can use your last paystub to generate a substitute W-2, especially if you can bring back the company's EIN, a nine digit number every company uses to identify itself to the IRS.
Call your employer or previous employer's human resources department and find out when the W-2's were mail. Perhaps they have the wrong address on directory for you. If you don't get any resolution from your conversation near them, then telephone call the IRS.
Do you still get a rebate check if you only received EIC?
Answers: The rebate does not depend on the EIC.
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.
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 only get a rebate check if you filed taxes last year and don't owe the government anything
Tax request for information from full-time college student...?
I attend college as a full-time student, but I live at home. I am paying for 100% of my college tuition, which is about $10,000 a year PLUS I pay cheque about $1,500 annually (in addition) for loan interest payments. Also, textbook for college are about $600 annually. All loans are out surrounded by my name and adjectives interest is being remunerated by myself.My parents have be claiming me as a dependent throughout all of my college, although after paying over $12,000 a year surrounded by expenses for college, I feel approaching my expenses "trump" theirs. Yes, they house me and pay for food, but is that equivalent to $12,000?
We maintain getting in arguments nearly it because they feel they should know how to claim me (because of "all they do for me") and I have a feeling that because I pay so much (on my own) for college, I should be capable of claim myself. Also, I need the money much more than they do...
What do you guys suppose? How much would I get rear from the government of that $12,000? My annual income be only in the order of $4,000.
Answers: The most you can say you're paying for your own support is $4000. The loans are paying for your college, although, as you pointed out, you are the one liable.
They provided a home for you. If you don't retribution them rent, then you're pretty much stuck as a dependent until you can rate more than half of your own total support...including such things as medical expenses, saloon insurance, and entertainment.
I would recommend talking to a Taxpayer Advocate, and seeing what you could do just about it...but that might cause a chief rift with your parents, ultimately.
Your income is so low that you hold no need for your exemption.Let your parents claim it. (I assume they enjoy enough income that they discharge income tax.) Your college expenses are satisfactory to zero out your income, so your exemption would be worthless to you.
In certainty it would be way more important for your parents to pay your college expenses and for you to "loan" them the money to settle up it! Your 4,000 would be in the lowest bracket, while they could use credits or deduction to save far more than your excise bill.
Regarding your question going on for the value of room and board, it depends on the room and the board. Divide adjectives the expenses - mortgage, taxes, utilities, groceries, etc etc, by the number of people within the house, to get the authoritative equivalent amount of the room and board for tax purposes.
How can you be paying $12,000 a year for college if your income is merely $4,000? Student loans don't count. You can count the interest that you pay on them, for years to come, but it won't amount to much right very soon. Most people can take a subsidized student loan so that the govt pays the interest until 6 months after you graduate. I'd look into that, if I were you.
As far as wise saying that your parents "house you" --- you have to consider what the rent utility would be, along with ALL utilities, electric, gas, wet, as well as food and clothing.
The most you can hope to catch back is the taxes that you salaried in.