Income tax isn't recieved, it is paid. If you over pay, and a you file a return properly, you will get the overpayment refunded....but you will still have paid an amount. Returns aren't payments. They are forms reporting the financial affairs for the entire year of the person filing. The payment of the money - the tax - has already been done by payroll withholding or estimated quarterly payments in the year being reported...in this case in 2008, while the return is filed in 2009. If the amount paid in through 2008 was too high a refund is sent (which may also include types of benefit payments for the poor). If not enough was paid in, the extra is paid with the return. When any of that happens depends a lot on your actions, your payments vs actual tax due, your filing of a return and refund request (and how accurate it is, complex it is, supported it is, if electronic or not, etc., etc). Sometimes I wonder what people could possibly be thinking.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
One generally does not receive income tax. You don't even have to be employed. Just have income. And having no income can also be a reason to file.
An income tax refund is money that you receive back from the government from all the withheld taxes that were on your employment income. You usually receive this money through your bank or in the mail.
no you may not If you have no earned income, you would not qualify for the earned income credit.
Yes when is for income that you earned in the tax year 2009 that is the tax year income tax return that it HAS to be reported on.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
One generally does not receive income tax. You don't even have to be employed. Just have income. And having no income can also be a reason to file.
An income tax refund is money that you receive back from the government from all the withheld taxes that were on your employment income. You usually receive this money through your bank or in the mail.
yes you do
no you may not If you have no earned income, you would not qualify for the earned income credit.
soon
No. Qualifying earned income is required. Income that you work for.
Income tax exempt INTEREST INCOME but the amount that is exempt from income tax does have to be reported on your income tax return and is used in the calculations to determine if any amount of any social security benefits that you receive will become taxable income on your 1040 income tax return.
Yes when is for income that you earned in the tax year 2009 that is the tax year income tax return that it HAS to be reported on.
March ? next tax year is April 2011
No. As the name implies, income tax and any credits that may go with it is based on some form of income, and in most cases, earned income.
It usually takes two to four weeks to receive your income tax return after your taxes have been filed. This can vary greatly though, depending on how you file.