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Q: Are MIP conributions box 14 eligible for a tax credit?
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What is the deadline for 8000 homebuyer tax credit?

Homebuyers who purchase by April 30, 2010, and settle by June 30, 2010, may be eligible for a credit of up to $8,000. Documentation requirements apply. Go to the IRS gov web site and use the search box for the first-time homebuyer page for more information. Go to the IRS gov web site and use the search box for Click on the below related link


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Ford Motor Credit can be reached at the following PO Box: PO Box 105704, Atlanta, GA 30348


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Ford Motor Credit can be reached at the following PO Box: PO Box 105704, Atlanta, GA 30348


Is it fraud to get a refund on Earned Income if you didnot work in 2009?

YES. When you did not work (provide your services to some one) in the tax year 2009 you DID NOT have any type of qualifying earned income in order to qualify to receive any of the EITC amount.Go to the IRS gov website and use the search box for 2009 Form 1040 (Schedule EIC) worksheet Earned Income Credit go to page 2 for the below information.Taking the EIC when not eligible. If you take the EIC even though you are not eligible and it is determined that your error is due to reckless or intentional disregard of the EIC rules, you will not be allowed to take the credit for 2 years even if you are otherwise eligible to do so. If you fraudulently take the EIC, you will not be allowed to take the credit for 10 years. You may also have to pay penalties.


Am I still allowed the total amount of the tax credit If I have tax credits totaling more than the taxes I owe?

If you claim a tax credit that exceeds the tax owed, you can receive a refund for the excess credit if is a refundable credit:A refundable tax credit allows taxpayers to lower their tax liability to zero and receive a refund for the portion of the credit remaining.A nonrefundable tax credit allows taxpayers to lower their tax liability to zero, but not below zero. Any excess credit remaining is lost.The attached link discusses some refundable and nonrefundable credits. Once you get to the IRS website, type the specific credit you are curious about in the Search box to find out if it refundable or eligible for carryover.


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What is the last day for the first buyers to get the tax credit?

The IRS does not have any scheduled day for the completion of issuing the FTHBTC refund amounts. Homebuyers who purchase by April 30, 2010, and settle by June 30, 2010, may be eligible for a credit of up to $8,000. Documentation requirements apply. Go to the IRS.gov web site and use the search box for first-time homebuyer page for more information.


Where can you get free credit reports with no memberships?

The Fair Credit Reporting Act was amended in 2003 to provide consumers with one free credit report per 12 months. This provision is being rolled out in stages, with the last portion of the US, northeastern states, to be eligible in 09/05. You can take advantage of that provision by calling 877-322-5228 or by writing to: Annual Credit Report Request Service P.O. Box 105283 Atlanta, GA 30248-5283 If you want to have more than one credit report within a 12 mos period of time, you will need to purchase it.