What do I do come income tax time… if my daughters babysitter wont give me her SSN so I can claim “child care expenses” on my income tax?
If I don't claim “child care expenses” I will be cheated at least a thousand dollars!
Last year she wouldn't give it to me and I didn't […]
Can I claim the child and dependant care expenses tax credit even though my ex-husband actually paid all the daycare expenses. I pay child support, and part of that is supposed to go to child care for my youngest. Any help?
Answer: If you are the non-custodial parent, you can ONLY claim your daughter if he […]
how do i know how much i have been paid after tax with just the net amount avalible is there a simple equation to work out the gross pay from the net amount ? this is for a self employed joiner help me thanks
Answer: ok lets say the tax deducted is 30%
therefore the net (after […]
and I think my taxable income will be about 40,000. Have I paid in enough?
Answer: You might be very close. taxable income doesn't tell me anything like net earnings, filing status, dependents, etc.
I usually tell people to pay in at least 30% to federal.
SE tax is 15%.
Your income is in the 15/25% tax […]
Will I have to file the money I get for her on my taxes? Shes 13 years old.
Answer: No, it isn't your income and social security isn't taxable income.
Answer: if you do they will let you know..youll get a 1099 in mail from them telling you if you have to file or not..or at least […]
You get to claim a larger personal exemption, which reduces your taxable income and consequently your taxes for the year. If you get a refund, it will increase your refund by the amount that you saved in taxes. Be careful, though…the requirements for filing head of household are very specific. You have […]
if i get a job working ten hours per week say on minimum wage how much income support will i get. i already claim this but do not work. i have a 10 month old daughter. i know i cant claim working tax because it has to be 16 hours or more.please help me or […]
Generally yes, as long as you are providing over half the cost of maintaining the household and not living with some other relative, and your child lives with you. Depending on your income and its source, claiming head of household might or might not give you any tax benefit though.
Answer: Yes
Answer: Generally, to qualify […]
My husband was wondering how to figure your AGI (adjusted growth income) and
correct him if he wrong but military allowances cannot be added to this
total Here was the end of year income without allowances)IE : ($22,867.50)
Answer: Military allowances are not taxable. Do not include in your Gross Income. Any thing that […]
I am married, 2 children, daycare, mortgage, charitabile contributions. Which should I choose and why? My own tax software I buy or go to someone to do my taxes?
P.S. I've read about these tips on taxes, child tax, etc. are they all legite or is it just a way to get an extra […]