Oh, dude, you're all good! Filing an amended return won't affect your stimulus payment eligibility. As long as you meet the requirements for the stimulus payment, you should still receive it. So, no need to stress about waiting to file on your 2008 return. Just sit back, relax, and let the money come to you!
Franklin la
no. Stimulus payments are not taxable. However there are situations where you might not of gotten enough of a stimulus payment. Therefore you would be qualified for a "Rebate Recovery Credit" with your 08 tax return. Therefore give your tax preparer how much you got for a stimulus payment. You can also find the exact amount at IRS.GOV
Yes, if a tax return is amended then section 179 can be reduced. However, you will need to have an accountant or professional tax preparer do the return for you once amended.
An amended tax return can only be filed by mail using form 1040x.
If you have filed a tax return but you then realize that your return is inaccurate in some way and you wish to correct the inaccuracy, you can file a revised tax return which would be called an amended tax return.
If you did not owe anything on the original return, it probably comes down to timing. The question is will they process the amended return before they send out a stimulus check. It could easily go either way -- it's possible that they will send the stimulus check before they get around to processing the amended return.
Franklin la
no. Stimulus payments are not taxable. However there are situations where you might not of gotten enough of a stimulus payment. Therefore you would be qualified for a "Rebate Recovery Credit" with your 08 tax return. Therefore give your tax preparer how much you got for a stimulus payment. You can also find the exact amount at IRS.GOV
To file for a stimulus check that you have not received, you can claim the Recovery Rebate Credit on your tax return. This allows you to receive the stimulus payment as a tax refund if you were eligible but did not receive it.
If you are claimed as a dependent on someone else's return you are not eligible for a stimulus rebate. When claiming your mother, assuming that she has not had income over $3,400, a stimulus payment adjustment will be made to your tax rebate that will include the payment for her as well. Example: If you and you and a spouse filed, with your mother as a dependent. And your stimulus payment were to be $300 per exemption, you would receive a total of $900.
Yes, you can amend an amended tax return if needed.
To claim your stimulus check, you need to file a tax return with the IRS if you are eligible. Make sure your information is up to date and accurate to receive the payment.
To file for your stimulus check, you can visit the IRS website and use the "Get My Payment" tool to check the status of your payment and provide any necessary information. You may also need to file a tax return if you haven't already done so.
Yes, if a tax return is amended then section 179 can be reduced. However, you will need to have an accountant or professional tax preparer do the return for you once amended.
There could be several reasons why you didn't receive your Golden State Stimulus payment. Some common reasons include not meeting the eligibility criteria, providing incorrect information on your tax return, or delays in processing your payment. It's recommended to check with the California Franchise Tax Board for specific details on your payment status.
Yes, you can amend an amended tax return if you need to make additional changes or corrections.
An amended tax return can only be filed by mail using form 1040x.