Other - Taxes

I am the legal non-relative guardian of a child that has lived with me all year. I claim the child as a dependent on my taxes, but does the child count as my qualifying child (or anything else) to be claimed on the child tax credit or earned income tax credit. Or is there anything else that I can claim regarding the child?

2007-12-26 22:14:09 · 1 answers · asked by Pam 2

I want to claim my boyfriend on my tax return.We lived together for 2 1/2 years now.For the whole year of 2007 I been paying all the bills and supporting him to due to his unemployment status.What would I need as prove to claim him.I never claimed a dependent before so I am clueless.Please help.Thanks

2007-12-26 20:32:11 · 4 answers · asked by Anonymous

2007-12-26 16:27:09 · 8 answers · asked by StevefromVancouver 1

China individual income tax (IIT) on wages and salaries are charged at 9 progressive rates ranging from 5% to 45%. The schedule contained in the captioned website is valid.
The IIT on income of RMB 70K is not 35% 'flat', but 35% on RMB 66K after 6375 deduction.
The calculation on income of RMB 35,000:
35,000 – 4000 = 31,000 X 25% less 1375 deduction, i.e. 6375; therefore your net income would be 35,000 – 6375 = 28625.
If you take a look again at the schedule of the mainland IIT on the amounts of 'quick calculation deduction' in your mentioned website are calculated (for your quick reference) of the amounts of IIT in the lower brackets of incomes.


Rental reimbursement is considered part of the employee's income and the income in total is subject to individual income tax in the mainland. The tax is charged at the progressive rates of 5% to 45%, briefly as follows:
Monthly Salary Tax Rate Quick Calculation Deduction
RMB5,000 - 20,000 20% RMB375
20,001 - 40,000 25% RMB1,375
40,001 - 60,000 30% RMB3,375
60,001-80,000 35% RMB6,375
80,001-100,000 40% RMB10,375
RMB100,000 + 45% RMB15,375

2007-12-26 12:59:27 · 1 answers · asked by edlimhk 1

2007-12-26 01:52:16 · 8 answers · asked by michele j 1

I could have charitable contributions for this year in excess of $2,000 .
How much of these deductions can I CARRYFOWARD into the future and, if so, for how many years?
(My charitable contributions are donations of books to public libraries)

Thanks for help.

2007-12-26 01:14:57 · 3 answers · asked by walkathisway 2

2007-12-25 17:09:25 · 14 answers · asked by diantegirl 2

2007-12-25 13:31:57 · 8 answers · asked by Todd K 2

I was told that zero taxes are owed on options profits since you never really owned anything like real estate or stock, you only control it for a short time.

2007-12-25 07:59:30 · 6 answers · asked by daleoption 1

I have moved and want IRS to have my new address.

2007-12-24 02:43:35 · 2 answers · asked by Anonymous

2007-12-23 16:58:42 · 7 answers · asked by chandrika t 1

2007-12-23 12:01:41 · 4 answers · asked by dnldslk 7

I did turbo taxes with the state taxes, but did think about doing the federal taxes together I did it separte. Now we are oweing and going to be penelized for the lateness. What can we do to fix our taxes to get caught up with the 2007 taxes.

2007-12-23 10:55:41 · 2 answers · asked by Anonymous

2007-12-23 07:17:03 · 4 answers · asked by coyotemplumado 1

If you pay someone before the end of the year, say date the check or whatever for Dec. 30th or Dec. 31st.....but they don't cash it until maybe January 4th or 5th......

Do you still send them a 1099 form....since you actually PAID it that year....regardless of when they actually cashed it?

2007-12-23 03:26:24 · 3 answers · asked by Anonymous

income tax returns if back child support is owed?

2007-12-23 01:55:40 · 4 answers · asked by jaie 1

2007-12-22 10:17:32 · 4 answers · asked by teamlostsouls 1

They are same thing, Liability but why would you use it at same time? I don't see the logic behind it...Can someone explain with specific situation one would use both in balance sheet

2007-12-22 09:22:36 · 3 answers · asked by Poor and Hungry57 2

in case of installment sales, we record:
debit. Installment contract receivable
credit. Installment sales
question, how to set up entry on EVAT output tax embedded on installment sales?

2007-12-21 21:56:00 · 1 answers · asked by Anonymous

Hello,

I am as of this month a new homeowner! Yay. I have a question, I know that at the end of the year you can write of the taxable interest you have paid that year (only some but not all). My question is can I write off the up front costs I paid to get the mortgage? I did 0% down and still had to put down about $2,000. Thanks.

2007-12-21 16:11:47 · 6 answers · asked by LVNeptune 1

Since they are almost the same, is it true that the government only takes one payment per year for the identical twins or do they have to pay per person?

2007-12-21 06:13:26 · 7 answers · asked by Anonymous

I am self -employed and have all my stuff ready to go but want to e-file with tax brain or turbo tax again this year..

2007-12-21 05:17:04 · 4 answers · asked by jamei_matteson 1

2007-12-20 22:17:53 · 2 answers · asked by Anonymous

I was wondering if UE offered an extension and what must the circumstances be to recieve it? If it helps, I live in KY.

2007-12-20 13:21:27 · 1 answers · asked by Jane 2

2007-12-20 08:08:44 · 2 answers · asked by Anonymous

I need to rent a car for work. I will be using it to make delivers while my car is in the shop. Would this count as a tax write off. Thank you.

2007-12-19 23:11:08 · 6 answers · asked by flyizzzle 2

2007-12-19 09:30:41 · 12 answers · asked by Butterfly 1

goodwill not shown in books
buisness is service buisness and propritory and 15 yrs old

2007-12-19 02:33:35 · 3 answers · asked by mayur s 2

My hus and I have never had to pay in, weve always had a return, but this year I forgot to switch our exemptions, (claimed 10! all year, duhhhmmmbbb...) and my hus should make 95ish k. My ? is, we are prob looking at like 6 or 7 k to pay, are they due ON Ap 17 or can we file extension or what is the payment plan like, (ie - int.rate, length of loan and all that)

2007-12-19 00:55:41 · 3 answers · asked by lkps 2

frnds tell me about the surcharge and educational chess while on taxation........
need ur kind opinion

2007-12-18 21:47:18 · 1 answers · asked by prem 1