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Income is improved by an individual being able to attain certain job skills and experience. Experience is usually the great equalizer that helps and individual stand out and possibly attain a job.
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Why should you keep records of income tax?
You should keep records of your income tax to prove you did it correctly if questioned later.
How do you find out if someone else filed taxes useingg your dependents?
By filing your income tax return correctly and if someone else has done this you will receive a notice from the IRS asking for some information to prove that your information on your income tax return is correct.
Can you claim more than 3 dependents?
You can claim as many dependants you can prove that you did support. However you can only claim the EIC(Earned Income Credit) on up to 3 qualify children.
What does revenue income mean?
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
What is Before tax income after tax income?
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
Why should you keep records of income tax?
You should keep records of your income tax to prove you did it correctly if questioned later.
How do you apply for Senior low income housing?
must be 62 years old or older and prove that their income falls into the required guidelines
What should be your primary goal in the workplace?
to prove that you are dependable, reliable, and responsible.
In what situations can I get an emergency payday loan?
The situation does not matter. What maters is that you have a job and can prove your income to them to get the loan.
Can a 80 year old get approved to purchase a house?
Yes, but they must be able to prove enough stable income to support their new mortgage payment. A good rule of thumb is that their new monthly mortgage payment should not exceed 31% of their GROSS (income BEFORE tax) monthly income. Stable income is income that has been received on a consistant basis for a minimum of 2 years. If your source of income is from Disability, Child Support, Alimony, or Social Security, you must be able to prove that you will continue to receive this income for at least the next 3 years.
Can a service member in the Navy claim their parent as a dependent?
Of course, if they can prove that the parent is dependent on them for a source of income.
Are you required to provide pay stubs to a collection agency if you have already given them your financial statement?
Proof of income sounds like part of giving them your financial statements. If you're appealing a garnishment or the payment amount, they can ask for proof of income. You don't have to give them proof of income, and they can deny your appeal or request because you failed to prove hardship by refusing to prove how much you make.
How can you be accepted for a financial loan if you are working under the table?
As long as the bank does not require you to prove your income before approving you.
How do you prove that you are not bankrupt?
If one files for bankruptcy in the United States, you do not have to prove that you are, and you do not have to be insolvent. Therefore, you are bankruptcy in a legal sense if you filed for bankruptcy. If you want to prove that you are NOT bankrupt all you have to show is that you have not filed for bankruptcy. If you meant insolvent, rather than bankruptcy, to prove that you are not insolvent you would have to show that your income exceeded your debts.
Can a collections agency freeze bank account for medical bills?
They can freeze the account, but thet can't keep your unemployment income. You have to prove to them that it is unemployment income by getting copies of your bank statements showing the unemployment income.
Can the state of CA estimate your return when you have had no taxable income?
Yes...you will have to prove them wrong....that you actually had no taxable income. They normally only do this if you ignored previous correspondence and they feel there is a jeopardy that they may lose tax.
If you don't have a job can you get a car loan?
If you can not prove to the loan officer that you have a stable source of income don't count on getting the loan.
