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They WANT it in as large of amounts as possible but they take what they can get. wage garnishemnt can only take 25% of your DISPOSABLE income. You should get a notice telling you what they can and cant do.

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โˆ™ 2015-07-15 21:37:25
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Q: Can the court take your income tax refund for money owed on a repo and do they base the payments on income amount or do they get it in large amounts?
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When calculating my tax refund and I am asked to enter the amount of federal taxes paid does that also include withholdings for medicare and social security?

No. Only INCOME Tax estimated or wittholding...payments made toward INCOME tax that you are calculating. By the way, Medicare/SS are considered insurance payments.


Do you qualify for a refund if the only source of income is social security?

If you had taxes withheld from your Social Security payments or you made other payments such as estimated tax payments, you may be owed a refund. If you did not claim the stimulus rebate last year or your rebate was less than the maximum, you may be owed a refund.


Is there a fee for filing income taxes in Alabama late if you're owed a refund?

When you are due a refund and fail to file your income tax return to claim the refund amount that you are due they do not charge the penalty because if you fail to claim the amount it will eventually be lost.


Do marry men with kids make more on income tax than single?

YOU ALREADY KNOW THIS ANSWER. Sure the income tax would be less when the 1040 income tax return for a MFJ with qualifying dependent children exemption amounts added to reduce the taxable income amount and the other tax credits that they could possibly qualify form is completed correctly the amount of their federal income tax liability would be reduced and the the credit amounts could possibly increase the refund amount.


I haven't filed my taxes for 3 years. do I loose the child tax benefit for those past years or will I get a refund for them?

You should file your income tax returns if you qualify for any of the refund amounts and see what happens. You can file for a refund up to 3 years from the due date of the tax return and receive the amount of the refund that you qualify for after that period of time the refund is no longer available to you. For the 2006 tax year income tax return the last day to file and receive the refund amount would have been April 15 2010.


Which policy relates to this statement an individual may receive a tax refund from the government after filing their federal income tax refund?

Taxpayer failed to file a tax return to claim a possible refund amount they had available to them if the refund amount is claimed in the 3 year time frame then the refund amount is no longer available to the taxpayer. Taxpayer filed a income tax return and failed to claim some of the credits that were available to them if the income tax had been filed correctly and the can now file the 1040X amended individual income tax return to correct the error that was made on the original file income tax return to claim the additional refund amount.


If you gross 1500 and have 4 kids are you going to get a refund?

IF this is qualified earned income that you worked for it is possible that you could receive a refund. You will NOT know the correct amounts until you complete your 1040 federal income tax return correctly. Your filing status, your age and how you made all of your gross worldwide income amount and if you had any sources of earned income (pay that you worked for) that has to reported on your 1040 income tax return and all of your other information that is required to entered correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT after your income tax return is completely correctly. If it is qualifying earned income and you are not a dependent on another taxpayer's income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly. When you get to the last lines on page 2 of the 1040 federal income tax return line 72 where it says THIS IS THE AMOUNT THAT WAS OVERPAID then you will know how much your refund amount should be. If the amount is ZERO -0- and then you have an amount on line 75 AMOUNT YOU OWE.


If you are making you monthly payments on your student loan can you still get your income tax at the end of the year?

If you are not delinquent with your student loan, your federal income tax refund will not be garnished.


Will the 8000 be refunded or will just reduce your adjusted gross income?

The tax credit amount does not have any affect on your AGI nor on your taxable income amount. Your federal income tax liability if any will be reduced by up to the 8000 of your FTHBTC. If your federal income liability is less than the 8000 amount then you will receive a refund of the amount that is left. The 8000 FTHBTC is a refundable credit and if you do not have any federal income tax liability you will receive the 8000 amount as a refund.


Is overtime included in the computation of tax refund?

I am not sure what your asking. Overtime pay, as in any income, is included in the calculation of the tax you owe. The amount you pay in (withheld from your paycheck and sent in as an estimate of the tax that will be due), is dependent on a number of things, and does NOT change the amount you owe. the amount if any you have refunded just is the amount you over-estimated in advance payments for the income you actually had to pay tax on.


W-2 under 200.00 require to file?

Not if you do NOT have any other amounts of gross worldwide income from any other sources. If any federal income tax was withheld you could choose to the 1040 federal income tax return and get a refund of the withheld FIT amount.


What is the word for Excess of your withholding and estimated tax payments?

Amount of taxes that were overpaid to the IRS The excess amount of your withholding and estimated tax payments would be the amount that is MORE than your federal tax liability on your correctly completed federal 1040 income tax return and would be the amount of the REFUND that you could possibly receive after sending your tax return to the correct IRS address. Overpayment amount of taxes


How do you get a us tax refund?

By having some income withheld from your worldwide income and then filing an income tax return to claim a refund of some of the amount that may have been over withheld. More than your federal income tax liability on all of your gross worldwide income.


You did 27000 a year how much money would you get from your taxes?

As a refund after you file your 1040 federal income tax return.You will NOT know the correct amounts until you complete your 1040 federal income tax return correctly. Your filing status, your age and how you made all of your gross worldwide income amount and if you had any sources of earned income (pay that you worked for) that has to reported on your 1040 income tax return and all of your other information that is required to entered correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT after your income tax return is completely correctly. If it is qualifying earned income and you are not a dependent on another taxpayer's income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly. When you get to the last lines on page 2 of the 1040 federal income tax return line 72 where it says THIS IS THE AMOUNT THAT WAS OVERPAID then you will know how much your refund amount should be. If the amount is ZERO -0- and then you have an amount on line 75 AMOUNT YOU OWE.


How much money can a single person make in one year and still get a tax refund?

The amount, high or low, of earnings makes no difference as to if you get a refund or if you have to pay more. The accuracy of what was withheld or (your required quarterly estimated payments) to what your taxable income (an amount that is different than earnings) will be is the issue. Someone making a very large income fairly regularly has a very large refund. If for no other reason than it becomes more difficult to figure out how much they need withheld from their pay. Or alternatively, they can be underpaid and owe more, because they have income from sources that don't withhold.


What is the amount of Gladys' earned income credit in the Payments section on Form 1040?

Gladys would be the only one that would have all of the necessary information available that WILL BE NEEDED to even start filling out her 1040 federal income tax correctly. She will NOT know the correct amounts until she complete her 1040 federal income tax return correctly. Her filing status, her age and how she made all of her gross worldwide income amount and if she had any sources of earned income (pay that she worked for) that has to reported on her 1040 income tax return and all of her other information that is required to be entered correctly on each line of her 1040 income tax return will all be a part of the necessary information that she would know and will have enter on her income tax return correctly to arrive at the correct answer of how much she might possible get back as a REFUND AMOUNT after her income tax return is completely correctly. If it is qualifying earned income and she is NOT a dependent on another taxpayer's income tax return. IF she meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 she WILL NOT KNOW the amounts until she has completed her 1040 federal income tax return correctly. When she get to the last lines on page 2 of the 1040 federal income tax return line 72 where it says THIS IS THE AMOUNT THAT WAS OVERPAID then she will know how much her refund amount should be. If the amount is ZERO -0- and then she has an amount on line 75 AMOUNT YOU OWE.


If you overpaid state tax by making estimated payments is your state tax refund taxable?

Some of the refund amount could be taxable if you itemized deduction in the year and claimed the estimated tax payments as a part of your itemized deduction for that year.


What is the difference between a refundable and a nonrefundable credit?

On the federal 1040 income tax return a refundable credit means that if you do not owe any past due taxes, penalties, interest or legal government debt that is in the FMS offset refund program you will receive a refund of the amount of the refundable credit. The nonrefundable credit amounts if more than your federal income tax liability will only reduce your federal income tax liability to -0- ZERO on your 1040 federal income tax return and any amount of the nonrefundable over your income liability will NOT be refunded to you.


Do you have to claim state refund on federal tax as income?

If you took the amount as a deduction as State taxes on your federal return originally (say refund is from a prior year), then getting it back now is reported as income.


Can you get a tax refund if your only income is social security?

Income tax refunds are based on tax that was withheld or previously paid. There is normally no withholding tax on social security. You might, however, qualify for Earned Income Credit, or be able to collect a refund based on payments in a previous tax year.


Do you always get a refund when you file a tax return?

No not always sometime you can up owing some income tax or even no refund and not owe any amount.


When do i get your income tax?

You will not get MY income tax refund amount. And you will not your income tax refund amount until you have completely your 1040 federal income tax return completely and correctly and filed it to the correct IRS address and the IRS has accepted your tax return as you have filed it. You can check the status of your refund by calling the IRS Refund Hotline at 800-829-1954. When you call, you will need to provide your Social Security number, your filing status and the exact whole dollar amount of the refund shown on your return. The fastest and easiest way to find out about your current year refund is to go to the IRS gov web site and click and on left side of the page under Online Services choose the Check on Your Refund "Where's My Refund?" link at the IRS gov home page. To check the status online you will need your Social Security number, filing status and the exact whole dollar amount of your refund shown on your return. July 30 2010


If your separated and your husband files joint how is the money divided?

On the married filing joint income tax return that you are supposed to have signed any refund amount is supposed to be 1/2 for each name on the MFJ income tax return. The refund amount will be issued in both names that are on the MFJ income tax return.


What taxes get back?

You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. Your filing status, your age and how you made all of your gross worldwide income amount and if you had any sources of earned income (pay that you worked for) that has to reported on your 1040 income tax return and all of your other information that is required to entered correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT after your income tax return is completely correctly. If it is qualifying earned income and you are not a dependent on another taxpayer's income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly. When you get to the last lines on page 2 of the 1040 federal income tax return line 72 where it says THIS IS THE AMOUNT THAT WAS OVERPAID then you will know how much your refund amount should be. If the amount is ZERO -0- and then you have an amount on line 75 AMOUNT YOU OWE.


How much will you get back for claiming 4 kids on your 2009 taxes?

You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. Your filing status, your age and how you made all of your gross worldwide income amount and if you had any sources of earned income (pay that you worked for) that has to reported on your 1040 income tax return and all of your other information that is required to entered correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT after your income tax return is completely correctly. If it is qualifying earned income and you are not a dependent on another taxpayer's income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly. When you get to the last lines on page 2 of the 1040 federal income tax return line 72 where it says THIS IS THE AMOUNT THAT WAS OVERPAID then you will know how much your refund amount should be. If the amount is ZERO -0- and then you have an amount on line 75 AMOUNT YOU OWE.