I received a small dividend check ($33.50) from my insurance company, State Farm. Does this have to be reported as income (I would assume the answer to be yes).
Answer: An insurance policy dividend represents an amount that you were overcharged for your insurance because State Farm had a lower than expected claims rate. It is […]
We put our child in daycare for the first time in 2006 and I'd like to claim the child and dependent care credit.
I'm entering information into H&R Block's website, which can be difficult when you don't see WHY the site calculated the credit.
The credit is currently showing $0, although we spent over $3000 and didn't […]
Call your employers and ask them to send them to your correct address. Turn an address change notice into the post office.
Answer: there is no website - if you moved, they would just go back to the employer - they do not get forwarded - contact your employer and give them the correct address
Book […]
I e-filed on 1/25/2008. IRS webside says that I'll receive my direct deposit by 2/12/2008. I mailed the amended return today. I will actually received a little more on my tax refund. Will it take 8 to 12 weeks to process the amended return? Thank you.
Answer: Double check […]
I've always filed as single 0, as I was advised to do by co-workers (i was only 18). Last year, I got two new jobs and had to fill out w-4's for them, and since it had been 3 years, I just followed the steps and put down Single 1. Now everyone is telling me […]
OK so I was in college all last year. I usually go get my taxes done, but this year I am doing them on TAXACT.COM. Which is cheaper. All I have is one job and school to put on my taxes, nothing else. I know when getting them done before there was a box to […]
I live in Utah. I have 2 kids. I made $6505.19 in wages. I rent my home. My federal taxes taken out total was $143.34. I think that is all you need to know. Thanks for any help I recieve!
Answer: You will get the $143. that you paid in plus if you look up […]
person might be hiding fund on their paypal accounts where they made untaxable incomes via ebay, etc. Are they allowed to do this yet at this point?
Answer: Even if it is legal, which it MAY be, the odds of them going after an individual taxpayer are extremely minute.
They want the “bigger fish”.
Answer: I wouldn't […]
Or can they pay tax if they want to?
Answer: Welfare itself isn't taxable.
In order to qualify for welfare, one has to make less than a very small amount in yearly earnings. Really small, way below poverty line small, and remember the poverty line needs to be raised upward to be accurate due to our inflated […]
I have a real estate license and the law says that I can only hang my license as in work under one company only so is tax preparer license the same? I currently work for Liberty Tax but they're not giving me enough hourly and not enough hours and don't pay me if I […]