Is it true that you will get a fast tax refund if you file early?

Been told that I cannot file taxes because parents claimed me as a dependent but made over 3000 is this true?

Absolutely, positively not.Whether your parents or anyone else claims you as a dependent has absolutely no effect on your obligation or ability to file taxes. Some people mistakenly believe that if your parents claim you as a dependent, they claim your income, your withholding and your refund, too. This is absolutely not true.People who make more than a certain amount are obligated to file taxes. However, ANYONE is permitted to file taxes. If you are due a refund, you must file taxes in order to get the refund. Your parents cannot get your refund for you. Whether your parents can claim you as a dependent has absolutely nothing to do with you. You must file your own taxes for your own income and withholdings. And if you owe taxes, you are obligated to file and pay them.

If you owe the IRS can you still get a rapid refund?

I don't understand your question. A refund (rapid or otherwise) occurs when you have overpaid your taxes and the IRS owes you money. If you owe the IRS money, you will not be getting any kind of refund. If you are talking about the situation where this year's tax return shows a refund, but you still owe unpaid taxes from last year, do NOT apply for a rapid refund. The IRS will keep your refund to pay your back taxes and the rapid refund company will still charge you a fee for processing the rapid refund even though you won't be getting any refund. You've waited this long to get a refund. Even if the IRS wasn't getting your refund, is it really worth paying $100 or $200 in fees just to get your refund one week earlier? well that answer is not totally true if you owe the IRS does not mean will not get any refund back because they could have still owed it from the year before and the IRS will deduct what is owed and send out the difference

If you have a return coming do you have to file?

A "return" is a set of forms, like Form 1040, which you fill out and send to the tax agency. A "refund" is money that the tax agency sends you if you paid too much tax. I assume you meant the question to be "If you have a REFUND coming do you have to file?" The law requires anyone who has gross income over a certain amount to file a return whether or not they owe any additional tax and whether or not they have a refund coming. Someone may have told you that there is no penalty if they owe you money and you don't file. There is no civil penalty if this turns out to be true, but the law establishes certain criminal penalties (including up to a year in jail) that apply if you willfully fail to file a return. These penalties apply even if you have a refund coming. However, it is true that these are only enforced in extraordinary circumstances. You may be wondering why the heck would they care if I don't want to claim my refund? The nature of our tax system is that both you and your buddy might be working exactly the same job, exactly the same hours, and get exactly the same pay. You might be owed a refund, but your buddy might owe the taxman several hundred or even several thousand extra dollars. The tax that's taken out of your pay does not represent the actual amount of tax you owe. It is at best a crude estimate based on the extremely limited amount of information that your employer gets based on what you wrote on your W-4 form (if you even bothered to file one). Your employer has no idea about all of the other factors in your life that determine exactly how much tax you really owe. He doesn't know how much you give to charity, how much tuition you can deduct, whether your parents can claim you as a dependent, whether you sell stuff for a profit on eBay, whether you have a second job or a summer job somewhere else, whether you put money into an IRA, whether you are paying alimony to an ex-wife (or receiving it from an ex-husband), whether you have a handyman gig on the side, whether you are getting a bit of interest from your savings account at the bank, and a million other factors that go into determining how much tax you really owe. And the IRS doesn't really know whether you are entitled to a refund or you are supposed to be paying them more money. Sure, some of your income is reported on a W-2 or a 1099, but there are a lot of sources of income that are not, but you still have to pay tax on them. And they certainly don't know stuff like how many children you are supporting. So they ask you to fill out a form every year, where you show your calculations to determine how much tax you should owe and you sign a statement under oath that this is an accurate representation of your income and your taxes. But, seriously, how do you know that you have a refund coming if you haven't filled out your tax forms??? And if you have filled them out to see that you have a refund coming why don't you just send them in and get yourself some money from the government? If you don't need it, there are a lot of charities you could help out. If you don't file, you will not get the refund you have coming to you. (Most state tax forms even have a list of charities that you have your refund sent directly to.)

When do you get refund check from strayer university?

You will have to wait until they decide to give it to you. Sad but its so true. I am depending on my refund right now as of 1/31/12 to pay some things the student loans were intended for yet I was told three differnt things about my refund and yet no can tell me when I am eligible for the disbursement. However they are suppose to submit to whatever lender what dates you can be disbursed and they can not tell me what those dates are

I run a small corporation, do I have to file a corporate tax return?

Corporations must file Federal tax returns every year, regardless of income or loss. The same is true in most states.

Is it true that you will get a fast tax refund if you file early?

Add your answer:

Been told that I cannot file taxes because parents claimed me as a dependent but made over 3000 is this true?

If you owe the IRS can you still get a rapid refund?

If you have a return coming do you have to file?

When do you get refund check from strayer university?

I run a small corporation, do I have to file a corporate tax return?

Been told that I cannot file taxes because parents claimed me as a dependent but made over 3000 is this true?

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