No
No unless you have earned income you can not receive a refund.
Yes
You cannot get a refund if you don't file. But even if you are years late, you can still file and apply for your refund. It does not expire.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
In the U.S., your federal income tax refund does not count as taxable income for the next year. If you receive a refund from your state, and you itemized your deductions on the federal return, then the state refund will count as income on your federal return. (If you didn't itemize, then your state refund won't count as income.)
Yes when you are due a refund you have up to 3 years from the due date of the income tax return to file your income tax return and get any refund that may be due. After that time period the refund amount is lost and no longer available to you.
To create a journal entry for recording an income tax refund, debit the cash account for the amount of the refund received and credit the income tax refund account. This will accurately reflect the increase in cash and the corresponding decrease in the income tax refund liability.
No
If you are not delinquent with your student loan, your federal income tax refund will not be garnished.
To receive the economic stimulus payment, you must have at least $3,000 of gross income for 2007.
Yes. State refund must be claimed as income on your federal return.
The deadline for filing Federal Income tax in the US for 2016 was April 18th. Whether you have a refund coming or not. Usually April 15, this year was different.