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Could possibly be the Making Work Pay and Government Retiree Credits using the schedule M of the 1040 tax form for this purpose. Go to the IRS gov website and use the search box for schedule M and choose instruction line by line instructions are available for you to use for this purpose if you QUALIFIED for the MWPTC and did NOT receive it.
The credits may give you a refund even if you do not owe tax.
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How is it possible to get a federal tax refund larger than the federal tax that was withheld?
Married tax credit and children's tax credits can cause a refund to be larger than what was withheld.
Can credit card companies put a lien on a tax refund?
Yes, if they obtain a judgment and file for a garnishment of your state tax refund.
renter tax refund how do i fill ?
how do i fill for renter credit is there renters credit
Can a credit card company intercept your income tax refund?
No.
What kind of interest will be deducted from my tax refund if I get a tax refund advance?
There are several different ways to get your tax refund advance loan. It can be very quick and easy. Most all companies that provide tax refund loans will require you to do a efile tax return as a prerequisite to a tax refund advance. The intrest charged depends on a few factors but the most important is your credit history. Intrest can be 5% to 60% deducted if you chose to get an advance.
Can you get an income tax refund if you do not work?
Not if you did not have some income tax withheld from some type of income or if you are qualified for some type of refundable tax credit.
Am I still allowed the total amount of the tax credit If I have tax credits totaling more than the taxes I owe?
If you claim a tax credit that exceeds the tax owed, you can receive a refund for the excess credit if is a refundable credit:A refundable tax credit allows taxpayers to lower their tax liability to zero and receive a refund for the portion of the credit remaining.A nonrefundable tax credit allows taxpayers to lower their tax liability to zero, but not below zero. Any excess credit remaining is lost.The attached link discusses some refundable and nonrefundable credits. Once you get to the IRS website, type the specific credit you are curious about in the Search box to find out if it refundable or eligible for carryover.
What does exempt status mean on the W4 form?
Exempt status may be claimed on a 2010 W-4 if two conditions exist:1. You did not have a tax liability in the prior year and therefore received a refund of everything that was withheld, and2. You expect to have not tax liability this year.Caution: Having no tax liability is not the same as owing no tax. If your tax withholding was $1,000 last year and your tax liability was $400 then you owed no additional tax. You received a $600 refund. But your tax liability was $400.
Can a credit card company take your federal tax refund?
the truth is Yes they can because if you own more than you get thell take your tax refund check P.S. no offence
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.
Can you receive a tax refund greater than what you have paid in?
There are several "refundable" tax credits that can result in a refund greater than what you paid in. The most common are the Additional Child Tax Credit and the Earned Income Credit (EIC). There are also more obscure credits such as the credit for repayments of previous years' taxable income.
Can child support take your child tax credit on return?
The State child support agency can intercept your tax refund, yes.
