Audit for EIC, Dependents and Head of Household?
I'm being audited by the IRS for EIC, dependents and Head of household. They want proof for all 3. I have no worries since I know I'm being honest. My question is if the following proof is acceptable. I claim both my mother and my nephew who both lived with me in 2011. My brother is on disability which is why i took care of my infant nephew. The following is what I'm submitting as proof to meet all test. 1) Single page document that shows a copy of my mother’s and I State ID which provides proof of us living together in the same household. On the very same page I have included a copy of my birth certificate which Proves my relationship to my mother. 2) a notarized statement as well as copies of both my brother and I state ID’s together with the child’s birth certificate and IRS form 8332 in which the father releases custody to me. 3) bank statements for the year in question showing that I was the one that pay rent, groceries and the cable bill in the household for the entire year. is this satisfactory to them? any more suggestions?
How is the EIC determined for self employed?
You are a single taxpayer NOT HOH when you do not have a qualified blood related dependent living with during the 2013 tax year. Are you age 25 yet in order to be able to qualify for any of the EITC AMOUNT during the 2013 tax year. Must be at least age 25 but under age 65, http://www.irs.gov/Individuals/EITC---it... EITC - it's not just for families with children If you do not have a child or do not have a child that meets all four qualifying child tests and your income is low, you may be able to claim EITC, the Earned Income Tax Credit. We believe this group of workers is the largest group who do not file a return to claim the credit. And, you must file a return to claim EITC. Hope that you find the above enclosed information useful. 01/14/2014
Do single /no working moms get tax refund claiming their kid?
the reason I ask is cause the mother and myself have a 3 yr old and we have never been married she didn't work all last yr we share 50 50 custody of child so I do not pay her child support 2012 she did not work I filed claimed kid and obv got more back cause of child earned income credit,i still gave her the 1500 credit $ cause it still help me get more of my tax $ I paid in back so we were both happy,so this yr 2013 same thing she hasn't worked all yr long and said she was going to file for the child earned income credit.everyone is telling me that she cangt she didn't work she dnt have a w2,thats what I was worried about obv I have to wait til end of jan to receive my w2 since she didn't work she don't have to wait and can hurry up file on the first day allowed on computer before me because il be waiting on my w2 still,everyone telling me she cant but it does seem like a lot of no working moms do get taxes back fore having kids so im thinking she can??
Last tax season I was considered single with no dependents. My girlfriend and her daughter now lives with me, and my filing status will change to head of household with 1 dependent next tax season. Is that a good reason to ask for a modification?
I always advise clients to go right to the IRS or state taxing authority website for answers. If you go anywhere else you are merely reading someone else’s rephrasing of IRS explanations, and why do that?If they lived with you more than 1/2 of the year (I am assuming 2017) and you provided more than half of house expenses, then it may be worth consulting a tax pro. It wouldn’t cost much for a consultation and it could yield significant tax savings. If your income is low enough you may qualify for Earned Income Credit as well, which could provide you significant tax relief.I do not know what you mean by a modification. Perhaps you meant amending your 2017 return?Here is the relevant part of the IRS doc you should read, Pub. 501. [1]search for this term:Head of HouseholdYou may be able to file as head of household if you meet all the following requirements.You are unmarried or considered unmarried on the last day of the year. See Marital Status , earlier, and Considered Unmarried , later.You paid more than half the cost of keeping up a home for the year.A qualifying person lived with you in the home for more than half the year (except for temporary absences, such as school). However, if the qualifying person is your dependent parent, he or she doesn't have to live with you. See Special rule for parent , later, under Qualifying Person.Please read on at the linkFootnotes[1] Publication 501 (2017), Exemptions, Standard Deduction, and Filing Information
I live in New York City, I am single and have one job. What should I put down for allowances for federal and New York (state/city) taxes?
The worksheets included with Federal Form W-4 and NY Form IT-2104 are pretty good if you're single with no dependents.Normally, for a single person with no dependents who takes the standard deduction and has no other deductions or credits, I recommend that they take 2 allowances on their Federal W-4. But seemingly little things - such as retirement savings or student loan interest - can make things look very different, especially for someone who is on the borderline between a higher bracket and a lower one, so take that as only a very general starting point.Both the IRS (see http://www.irs.gov/pub/irs-pdf/p...) and the state of New York (see http://www.tax.ny.gov/pubs_and_b...) publish their withholding tables online, and you can figure out what will be withheld from your check based on what you claim. The IRS also has a withholding calculator online at http://www.irs.gov/individuals/a....
I only made 4500 dollars this year and have one dependent who is two. can I file eic and child tax credit?
Here you go you can try and do your own estimated tax calculations at this time in your life for this purpose since you are the only one that would know all of the needed necessary information at this time. Copy and paste the below enclosed website address into your browser address bar for this purpose. http://www.dinkytown.net/java/Tax1040.ht... Enter your filing status, income, deductions and credits and we will estimate your total taxes for 2011. Based on your projected withholdings for the year, we can also estimate your tax refund or amount you may owe the IRS next April 2012. In 2011, Federal income tax rates were scheduled to increase to pre-2001 levels, but the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" left the existing tax brackets in place through 2012. Please note that this calculator uses the preliminary 2011 tax tables. You probably can find an estimated tax calculator for your state income taxes by going to your state income tax department website and use the search box for estimated tax calculator at that time in your life. I would hope that you do find the above enclosed information useful for your situation and good luck to you with this matter. 01/02/2012
No federal tax income withheld in NY?
I started a full time job last month and I noticed that on all of my paystubs no federal tax is being withheld. I filled out my w4 as head of household with 2 dependants that qualify for EIC. When I sum all of the letters (a through g) I get a total of 9 on line h. I thought it was fine until I noticed that no tax is being taken out. State Yes, federal, no. Do I need to change it and only put 1 dependant? I could really use some help!! Thank you!!!
How much will my tax return be if Im single and make 40K?
Go to the H&R Block tax calculator, enter your data, and it will compute your taxes and refund for you: http://www.hrblock.com/taxes/tax_calcula...
Can i claim my underage girlfriend for the EIC since i have been supporting her for over a year now?
No. She is not your child so is not a Qualifying Child under the Tax Code for EIC (or most other) purposes. You *might* be able to claim her as a dependent under the Qualifying Relative rule but that gets you the exemption only. In your case not only to you have to get past the possible cohabitation rule but the statutory rape rule as well. Edit: Florida still has an anti-cohabitation law on the books, even though it's probably not enforced Therefore you can't claim her as a dependent at all. Since she didn't live in her parents' home for more than half of the year they can't claim her either. (A "former IRS agent" would know that, by the way. Presumably so would a "tax accountant.")