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What else can I help you with?
Do I need to file a 1098 form if I am taking the standard deduction?
If you are taking the standard deduction on your taxes, you do not need to file a 1098 form.
How do you file your income tax married jointly?
You can file your federal taxes jointly if you are married. Even if your spouse is unemployed, filing jointly means he or she is still responsible for any outstanding taxes due should you not pay.
Do you have to file your mortgage interest on taxes?
This is a deduction in your favor so you should. It will bring down your tax owed.
What if you forget to file 1098-T on your taxes?
You should consider filing an amended return. 1040X because you may qualify for a tuiting deduction or credit.
On tax form what do you pay on 5000.00?
Generally, Single under age 65 isn't required to file a tax return for earned income under $9,350 for 2009. A Single/Married Filing Jointly dependent generally isn't required to file for earned income under $5,700. The standard deduction for Single for 2009 is $5,700. Your income is zeroed out by your standard deduction. So you owe no taxes. Although you're not required to file, you should file in certain situations. One, you should file for a refund of any withheld tax. Two, you should file if you're eligible for certain credits (such as earned income, making work pay, etc.).
How can one get deductions tax returns after self filling the forms?
When you file your taxes there is a line on the form for your standard deductions or on a different form you can itimize your deduction if that would give you more deductions
Do I have to file a 1098 mortgage form with my taxes?
If you paid mortgage interest of 600 or more in a year, your lender is required to send you a Form 1098. You should include this form when filing your taxes to claim the mortgage interest deduction.
Is efiling or have taxes prepared better for taxes?
I use H&R Block for my taxes, as I want every deduction I can get, and this is important, especially if you have a very complicated form. They can e-file for you; if you have a refund..you can receive you money in about a week. If you do your taxes on your own, you can also e-file.
If your parent claims you on their income taxes can you still file yourself?
No Yes, you just cannot claim yourself as a deduction.
Who has the right to file child on taxes in Illinois?
If not stated in divorce or paternity documents, usually the custodial parent has the right to the tax deduction.
Should i file taxes after discharge?
Yes. Bankruptcy does not change you absolute legal obligation to file taxes.
My child earned 1352 in 2008 I tried doing her taxes but she can't claim herself I did and the standard deduction is 4 times more than she earned Does she still file?
She would have to file a federal return if she had self-employment income of $400 or more or if she had unearned income (income from a source other than employment or self-employment) of $900 or more. Assuming she is under 65 and not blind, her standard deduction is no more than the amount of her earned income plus $900, but not more than $5450. I noticed a lot of the online tax calculators don't get that right. But be warned that a lot of states have a filing threshold that is much lower than that and you usually have to compute your federal taxes first in order to compute your state taxes even if you don't actually file your federal taxes. A remember that if she had any tax withheld, she needs to file to get a refund even if filing is not required.
