Full time student throughout the whole year and did not work. I have a dependent and student loans. Will I still get a return like for the child tax credits and refund money for schooling?
2006-11-06 05:31:53 · 9 answers · asked by sassygirl2473 2 in Business & Finance ➔ Taxes ➔ United States
I'm amazed by some of the answers. You haven't had any income at all. What income are you going to report?? NO INCOME = NO TAX RETURN.
2006-11-06 06:43:13 · answer #1 · answered by Fool in the Rain 6 · 1⤊ 0⤋
The only way you can receive a return of more that you had withheld is if you are entitled to a "refundable credit". The EIC (earned income credit) is a "refundable credit", but you must have earned income to qualify. Since you did not work, you had no withholdings and do not qualify for the EIC. Some one suggested the "Child and Dependent Care Credit". This credit is a percentage of the "work related" child and dependent care expenses. If you did not work, this does not apply.
2006-11-06 11:26:40 · answer #2 · answered by STEVEN F 7 · 1⤊ 0⤋
Who is supporting you? If you are of a certain age and in school, someone else can claim you as a dependent. You need to be sure you are not being claimed by someone else before you look into actually filing a return. There are certain circumstances where you can get some $ back but I believe you have to have some form of income.
2006-11-06 05:35:51 · answer #3 · answered by koral2800 4 · 0⤊ 1⤋
Yes you can file. Try it and see if you can get anything. You probably also qualify for the earned income tax credit program. Don't pay someone though.
At tax time, go to the IRS website (www.irs.gov) and look for free filing offers. There are a lot of companies (e.g. turbotax, taxcut, etc.) that if you meet income thresholds allow you to do an online filing, free. In the past, the links have been available through the IRS website. I think they also allow you to select your State and take care of it at the same time too.
Good luck!
2006-11-06 05:39:25 · answer #4 · answered by a.lane 1 · 0⤊ 3⤋
you need to come back regardless of you had withheld for federal earnings tax (container 2 of your W-2) if any. you will no longer get social risk-free practices and medicare quantities back. you will possibly of would possibly no longer get state withholdings back - that relies upon on the place you reside.
2016-10-15 10:55:04 · answer #5 · answered by ? 4 · 0⤊ 0⤋
you cannot qualify 4 tax credits if u havent paid any taxes. even if you have dependents there are no credits available for anyone who doesnt have earned income. sorry, uncle sam doesnt give if he hasnt received.
2006-11-06 06:08:33 · answer #6 · answered by TaxGirl 2 · 2⤊ 1⤋
no, there is no income, they are called income taxes. trying to find another loophole huh?
2006-11-06 05:41:11 · answer #7 · answered by Jen 4 · 1⤊ 0⤋
i think you should file so you get a return on your dependant
2006-11-06 05:34:01 · answer #8 · answered by SadToday22 3 · 0⤊ 2⤋
only if you have worked or payed somebody to watch your child ! But you need reputable receipts!
if you have not payes any TAXES you won't get any back!
2006-11-06 05:34:21 · answer #9 · answered by silverearth1 7 · 1⤊ 2⤋