I noticed that on my W2 that the EIN number is the same as the state id number. I have already efiled my federal but not my state. Will the IRS reject it, and I have to amend it or will it affect only my state? I am going to call the […]
Can I just claim the EIC on our son and my boyfriend claim him as a dependant? Or do I have to claim him as a dependant in order to get EIC?
Answer: Splitting the tax benefits for the child as you describe used to be OK until 2005. It is not allowed any more. […]
I'm 18 and planning on doing my own taxes. Which program is easy to use? What are the main differences?
Answer: You may not even need a program to do it depending how simple your return is. If you have just one job you can probably print out a blank 1040 at the IRS website […]
We live in Pa, my husband made $40,000. I do not work so I'm a dependent, we have one son and from paying my student loans I think I get a $350 credit. I just wanted a rough estimate I realize no one can tell me exactly. Thanks
(Also…my husband just started a union job in […]
I have heard otherwise
Answer: There's no law saying you must pay taxes;
There's a law saying that if you don't and you are applicable to paying taxes, It is a crime.
I guess it is more or less a play on words…
Laws don't generally tell you what you can do, so much as what you cannot […]
Washington state ranked 11th
New York is crazy on taxes! ranked 48th
Answer: Delaware is the best place to Incorporate. Most major companies do so.
Answer: I think Deleware is the best place to incorporate. And if you choose NY state, don't incorporate in NY city!
Answer: Yea, stay out of NY to incorporate its terrible […]
Where to I find the number that I am supposed to look up on the earned income chart?
Answer: Actually you look it up twice. Once with earned income (wages or net self-employment income) and once with AGI. Whichever numer is smaller is the amount you can claim.
Answer: Go to H& R block […]
ie: like on mondays. wed,
??
Answer: Here's the official refund chart.
http://www.irs.gov/pub/irs-pdf/p2043.pdf
For filers whose returns are/were accepted and processed between 1/11 and 1/17 by noon, the direct deposit is expected to be 1/25.
Only filers who used 5 forms affected by AMT will have to wait another 30 days.
Answer: for this year only sometime mid to […]
Lets say a business man makes 400k in one year, after tax and social security, whats the average he is left with?
If the business is online his deductions are minimal i guess, anyways, whats the average you think he is left with?
Answer: Income $400,000
Adjustment (7459)
Standard deduction $5350 (phaseout)
Personal exemption $1133 (phaseout)
Tentative income = 386,058
Income […]
Yeah, i know that Becker is the best. Has anyone used anything besides becker? what about Bisk? I really just want some good information on the alternatives to the $2,500 Becker course.
Answer: how do you learn best?
I tried Becker and left after one hour — hated the format. the listen and […]