My son was born Feb 6th of this year, am I able to claim him on my 2007 taxes?
Answers: The answer is an big NO.. individual fiscal years are January 1st to December 31st of that same year, since you state that he was born Feb. 6th, 2008, you would be able to claim him on your 2008's taxes which fiscal year is from January 1st, 2008 to December 31st, 2008... Sorry..
Not unless you can backdate his birth certificate.
I'm file my taxes online near turbotax. How do I bear benefit of..?
the money that George Bush says he's giving to us to help out stimulate the economy? Sorry, I don't know what you phone call it.Answers: file your return as you customarily would. Late spring is when they would start coming. Bush is expected to sign off on it this week.
You can't. It's get nothing to do next to your income tax return.
It's call a "rebate" and you won't be getting anything until at least May.
I also use Turbotax. It won't affect how you folder your taxes this year. It remains to be seen how it affect subsequent years.
It isn't there however - just wallet your tax return. The rebate will come to you subsequent automatically if you are eligible.
Do girl scouts have to pay taxes on the profit they make off their cookies?
Answers: As a 501(c)(3) tax exempt organization (aka a public charity), no, the organization does not pay tax on its income from fund raising activities, including the cookie sale. The bakers, however, most likely do (I don't know their tax status offhand, sorry, but I'm pretty sure they're for-profit companies).
If you want to see the breakdown of Girl Scouts of the USA's, or any of the individual Girl Scout Council's, expenses and income, their IRS forms are available via Guidestar (this is true of all public charities, not just Girl Scouts - that's what Guidestar does).
The profit does not go to the individual girls selling, it goes to their troops (and some is retained by their Girl Scout Council). It's against the organization's policies for the girls to receive the income as their own property. Depending how the troop is set up, it's either all pooled and used equally for expenses, or the amount an individual girl raises is used to pay for her expenses within the troop (or some combination of those), but the girl never actually gets the money as if she had a job at the mall, so there is no actual income from the sale to the individual to be taxed.
FUNNY!! that right there is a good example of my sense of humor!
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