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What else can I help you with?
You were freelancing and the job contract ended you have not found another job Do you qualify for unemployment?
Depending on your area, you may qualify for an unemployment benefit if you're registered as 'unemployed' - where you are currently seeking work and not currently doing a job. If you're freelancing, you need to report your income while you're receiving your unemployment benefits. You may seek legal advice to help you with the papers.
Where can one find an earned income credit table?
The IRS government site has an earned income tax credit table. Also, Turbo Tax has a good earned income credit table. Turbo Tax will ask questions that will help one determine if they qualify for a credit. Then, one can use their income credit table to see how much credit they can claim.
Does unemployment compensation wages affect earned income credit on your taxes?
Yes, it can. However, it cannot help you, only hurt you. First of all, for 2009, the first $2,400 of unemployment compensation is not taxable, so it doesn't affect your taxes in any way. Above $2,400, it is taxable and increases your AGI (adjusted gross income). The earned income credit (EIC) phases in at 40% of earned income until it reaches the maximum credit. (See the IRS link below for specific amounts.) Unemployment compensation does not count as earned income, so it does not increase your credit. After you max out the credit, it starts to phase out as your income increases. The income amount used here the greater of your earned income or your AGI. Therefore, if your AGI is made up only of earned income and unemployment compensation, your EIC will be reduced because of your unemployment compensation. There are many other items than can increase or decrease your AGI, including interest income, IRA contributions or withdrawals, student loan interest, and many more. So you could potentially offset the unemployment compensation with other deductions from AGI, such as contributing to an IRA. (Of course, you probably don't have the cash for that if you're collecting unemployment.) Here is a link to the EIC figures for 2009 (at the bottom of the page): http://www.irs.gov/individuals/article/0,,id=150513,00.html ***** Unemployment does NOT count towards your EIC because it is not EARNED. Your UC is applicable to federal taxes only. The IRS EIC calculator takes UC into consideration although it is not correct.
Where can I find out if I quality for a low income house in Cheyenne?
www.hud.gov will help you find out if you qualify for low income housing in Cheyenne.
Can you claim Earned Income Credit on unemployment?
Yes. You will know the amount after you complete your 2009 income tax return. Go to the Related Link below and use the search box type FREE TAX HELP AVAILABLE NATION WIDE Nearly 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations performing vital tax preparation services for low-income and elderly taxpayers. The IRS Volunteer Income Tax Assistance (VITA) Program offers free tax help to people who earn less than $49,000. The Tax Counseling for the Elderly (TCE) Program offers free tax help to taxpayers who are 60 and older. EITC-eligible taxpayers also can seek free assistance at the 400 IRS Taxpayer Assistance Centers nationwide. To assist EITC taxpayers, 167 IRS TACs will offer Saturday service on Jan. 30, Feb. 6 and Feb. 20
Is there government assistance available to help low income families rent apartments?
The government offers various opportunities for families with low income to help them into apartments. If you think you qualify, seek the help of a qualified professional.
If you am on food stamps do you qualify for low income apartment assistance?
You don't necessarily qualify for low income apartments if you are on food stamps. They are different programs, though they are intended to help the same groups of people, and the requirements for them are slightly different.
Can you file income tax even if you made less than 10000 dollars for the year?
Yes, you can file income tax even if you made less than $10,000 for the year. While you may not be required to file if your income falls below the filing threshold, doing so can be beneficial if you qualify for tax credits or refunds, such as the Earned Income Tax Credit. Additionally, filing can help establish a record of your income for future financial needs.
Are unemployment benefits considered emergency funds?
yes, I think the unemployment benefits should be considered emergency monies.Because without some kind of help, employment, government, etc. everyone should qualify for emergency money
How does pension income affect California unemployment?
Pension income can affect California unemployment by providing financial stability to retirees, which may reduce the number of individuals actively seeking employment. With a steady source of income from pensions, retirees may choose not to enter or re-enter the labor market, potentially lowering the unemployment rate. Additionally, pension income contributes to consumer spending, which can help stimulate the economy and create job opportunities. Overall, the relationship between pension income and unemployment is complex and influenced by various economic factors.
Can I get government assistance for medical supplies?
If you qualify for medical aid, the government will help you out with it. You must qualify by having little to no income. They might ask you to submit your tax returns when you apply for the aid.
Help with housing for single mothers in Puerto Rico?
Anyone who meets the general criteria of income and background information can qualify.
