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For your income tax refund you can use the below information.

Use Form 8888 if you want the IRS to directly deposit your tax refund to either two or three of your accounts at a bank or other financial institution (such as a mutual fund, brokerage firm, or credit union) in the United States. If you file Form 8888, you cannot choose to get any part of your refund as a check. You cannot request a deposit of your refund to an account that is not in your name (such as your tax preparer's own account). An account can be a checking, savings, or other account such as an individual retirement arrangement (IRA), health savings account (HSA), Archer MSA, Coverdell education savings account (ESA), or TreasuryDirect® online account. Form 8888 can also be used to buy up to $5,000 in U.S. Series I Savings Bonds.

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Q: Can child benefit and child tax credits be paid into a post office card account?
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What is the definition of tax credits?

Tax credits are credits that individuals or companies may be entitled to at the end of the tax year. These credits may include moving credits, college tax credits, or child care tax credits. One popular credit for families is the Earned Income Tax Credit, which offers a sizeable credit for families or single parents of children.


Where is the total income tax on 1040?

Your total income tax due on the Federal Income Tax Form 1040 is on line 61 on page 2 of the form. This is after the education credits and child tax credits have been deducted if there are such credits.


Can you get a tax credit if you owe no taxes?

There are two main categories of credits that you may qualify for on your federcal income taxes: refundable and nonrefundable credits. Nonrefundable credits can reduce any tax liablity you may have to zero, but no further - even if the credit you qualify for is more than your tax. Refundable credits can reduce your tax and increase your refund so that you get money back from the government. Common examples of refundable credits is the Additional Child Tax Credit and the Earned Income Credit (a credit for lower income families and individuals). Some examples of nonrefundable credits include the Credit for Child and Dependent Care Expenses, Credit for the Elderly or the Disabled, and the Child Tax Credit.


Can you file for child tax credits on SSA?

NO. SSA (SSB) social security benefits would be UNEARNED income and would NOT be qualifying earned income on your income tax return for any of the credits.


How do you open a bank account for my 5 year old?

Having an individual account for a 5 yr old is not something banks will offer. They might have a joint account between you and your child and have the child as the beneficiary of the account proceeds. you can contact your local banker for more details.

Related questions

Does a social security payment become the child support?

It's more like the other way around. If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


How is child's SSD check computed for child support?

If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


Can you get child support and ss survivor benefits?

If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


How do you have child support taken out of child's ss benefits?

You don't. However, if the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


Can Social Security Benefits be in lieu of child support payments?

If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


What if a grandparent gets child support even though the grandparent gave the child back to the parent?

if the child now resides with the parent then she should get the money because it belongs to the child. you are falsley receiving benefits if you allow this to continue. contact child benefit office and tell them new details. if residencey order was made then you both must be in agreement for the child to reside with you.if you agree then you do not have to go back to court to revoke it. if there is a dissagreement then the matter is put before a judge and they decide where the child lives if it is under the age of 10 approx. also any benefit received by grand parent should be backdated to you from day of arrangement by the benefit office and paid to yourself. IT IS ILLEGAL TO DO THIS!!!!!CONTACT THE BENEFIT OFFICE IMMEDIATLEY!!! GOOD LUCK. HOPE THIS HELPS.XXX


Can get child support from a father who gets disability?

Yes, as long as it's not public assistance/SSI. BTW, if the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


Who gets child benefit n child tax credit?

Child Tax Credit is paid to the person registered as the carer of the child. Only one household can get Child Tax Credit for a child. If you share responsibility for a child and you can't agree who should claim you can both apply. The Tax Credit Office will decide for you. -------------------------- Child benefit is paid to a person responsible for a child. (You'll usually be responsible for a child if you live with them or you're paying towards looking after them.) Only one person can get Child Benefit for a child.


Can ssd payments to custodial parent be credited toward child support obligation from non custodial parent Florida?

If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


Noncustodial parent gets ssi can custodial parent get social security child support?

Yes. If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.


Can a child receive social security benefits if on parent dies?

According to the Social Security Administration to qualify for benefits, you earn "credits" through your work - up to four each year. When someone dies, their survivors may qualify for benefits if you have to earned enough credits, young people need fewer credits to be eligible. The law governing benefit amounts may change. For more information you need to visit socialsecurity.gov. You can also visit govbenefits.gov because you may also qualify for government benefits outside of social security


Can you give out bank account numbers and routing numbers to a child support service?

You need to make your inquiry at your particular child support enforcement office. There is no universal answer