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What else can I help you with?
Do estates file yearly tax returns?
Yes, they are required to file tax returns. Estates have assets and those assets may be earning income. That income is taxed.
Do condominiums that have a business checking account without interest have to file taxes?
If the condominium is an association -- a legal entity in your state -- then the association must file at least a federal tax return, regardless of income and expense levels. State and local tax returns may also be required.Interest earned on a business bank account, in the case of a condominium association, would be considered income.
Do you have to file an income tax return if you are deceased?
The estate of the deceased has to file tax returns.
Do you need to file tax returns for interest income?
Intrest made on income is income, and as such, should be reported on your 1040.
Can a homeowners association file a lien against you for overdue fines only if assessments and dues are all paid.?
If your assessments and dues were overdue when you paid them and if the homeowners association has the right to assess overdue fines then the answer is yes.
What type of lien should a homeowners association file for overdue fees?
A homeowners' association would file a labor and materials lien entitled Assessment Lien. See the HOA covenants for more information on liens. I would recommend that the HOA retain a real estate attorney to prepare and file the liens.
Where to file personal income tax return with refund?
Where to file federal tax returns: http://www.irs.gov/file/index.html Where to file state returns: http://www.taxadmin.org/fta/link/forms.html
Do students have to file tax returns?
In general, students must file tax returns if they have earned income that meets the filing requirements set by the IRS.
Can you receive your tax refund if you didn't file the previous year?
It is not possible to get refund unless we file the income tax returns. When we file returns it will check with OLTAS and generate refund if paid excess
How often do you have to file Canadian income tax?
Income tax returns are due by April 30th of each year.
Can you file a tax return from past years if you didn't have an income?
Yes you can, but there would be no advantage to doing so. You would not be required to file income tax returns for any year in which you had no income.
Must a felon file tax returns for the years in prison?
Yes, felons are still required to file tax returns for the years in prison if they meet the income thresholds that require filing. Income earned while incarcerated is still taxable, and failure to file can result in penalties and legal consequences.
