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How much do you have to make to file a federal tax return in 2010 as a dependent under 65 years old?
Wiki User
∙ 13y ago
Self employment income net profit over 434 must file a 1040 federal income tax return and pay your social security and medicare taxes on the net profit from the business.
Unearned more than 950 must file a 1040 federal income tax return and pay some federal income tax on the amount over 950.
Wiki User
∙ 13y ago
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Can you file taxes at 17 years old?
Yes you can file a federal income tax return and if you had a employer and you were an employee if any federal income tax was withheld from your gross earnings wages it is possible that you could get a refund of some or all of the FIT that was withheld. It is possible that a taxpayer can meet the MUST FILE A FEDERAL INCOME TAX RETURN at any age. If you are a dependent on an another taxpayers income tax return and unearned income of more than 950 and would be required to pay some federal income tax on the amount. Or if your are a self employed taxpayer and have a NET profit from your business operation it is possible that you would be required to file a 1040 Federal income tax return.
If I am dependent of my husband and he passed away last month do I get a child's portion because I was his dependent?
A spouse is never a "dependent" on a US income tax return. You likely mean that you filed a joint tax return with your husband. You still file a joint return for the year of his passing. In subsequent years, you file as single unless you have dependents that qualify you for an alternative filing status.
Can my boyfriend claim me as a dependent living with him for 2 years?
If you did not work during the year and he paid for over half of the expenses if keeping up the home then yes, he can claim you as a dependent on his tax return. He cannot use you as a qualifying dependent for Earned Income Tax Credit though. Also, if you do not have health insurance he could be penalized for you not having insurance if you are a dependent on his return.
Can you count your tax payment from a previous year's taxes on the current tax form?
If you are talking about your amount paid with your federal tax return, the answer is no. You cannot deduct your previous years federal income tax on your current years tax return. You can deduct on Schedule A the amount paid on your State income tax return if you itemize your taxes.
Do you claim federal tax refund on this years federal tax?
No. But if you live in one of the states that allows a state deduction for federal taxes and you took such a deduction, you may have to claim it on your state return.
If you have child that is 18 years old and still in High School and they are a dependent of yours can you still claim them on your 2008 Federal Income Tax?
Yes
Can you still income average over 5 or ten years on your federal income tax return?
No...ended years ago..I think around 1988.
Are nineteen years old single and a full-time student Is Janice eligible for the making work pay credit on her tax return?
NO a dependent on another taxpayers income tax return would NOT qualify for the MWPTC on her income tax return.
You don't see the child and haven't in seven years how can she make a claim after all these years?
For federal income tax purpose she and the child would not meet the rules for the child to be her qualifying child dependent that she would be able to claim on her 1040 income tax return. Perhaps she is just realizing and claiming the child as her own child after seven years of absence for some personal reasons.
Will you receive money if your dependent has been claimed unjustly for the last 3 years?
You won't unless you file tax returns for the three years in question claiming the dependent. If you've already filed tax returns without claiming the dependent, you should file amended tax returns for the years in question. The deadline for filing a 2005 amended return is April 15, 2009. It is too late to amend years before 2005. Once you file your returns, the IRS will contact you for additional information. Note that if you e-file a return after someone else has claimed the same dependent, your e-file will be rejected. People erroneously assume this means that the first person to file gets the money. All it means is that the second person has to send in a paper return in order to begin the process of determining who gets the dependent.
How long do you have to refile Federal taxes if you realized you've made a mistake on a past return?
You have two years from the date you submitted your original tax return to submit an amended return.More specifically, as stated on the TurboTax website, "You can file an amended return within 3 years of the date you filed the original return or within 2 years of the date on which you paid the tax due on the return, whichever is later."
How much time would you serve in prison for filing taxes under someone elses name?
What a question this is about the amount of time that you would spend in prison for filing a 1040 federal income tax return under someone else's name. A taxpayer sentenced to ten years in federal prison following his conviction in June for the preparation and presentation of false and fraudulent income tax returns.
