Income Tax Refund Tracking

Question: Would you be willing to give up income tax refunds for healthcare and education?

By give up, I mean give up the headache that goes along with having to file income tax every year. Having to pay someone to file your taxes because our government has made the laws regarding filing so complex and convoluted that no one, not even the IRS agents hired to enforce them, can understand them? By changing the way income tax works…the agency paying the wage sends the taxes automatically to the Dept of Treasury…and removing the responsibility of keeping track of your own taxes, we could pare down the IRS by about $8 billion a year, which could then be put into a system of healthcare and education that wouldn’t cost the citizens of this country an arm and a leg to use. No cost to you for healthcare, unless you wanted insurance to cover non-medical practices (ie plastic surgery, cosmetic surgery). No cost to you for educational tuition or room/board (if you were living on campus)…all you have to cover is your lab fees, parking, etc.
Would you be willing to do that?

Answer: John – what doesn’t work is a health system that leaves 44 million people uninsured.
What doesn’t work is a health system that sees Americans spend more per capita than any other country in the world on healthcare yet recieve only the 37th best healthcare system in the world.
What doesn’t work is child having a better chance of living to the age of 5 in Cuba than in the US.
Universal healthcare does work. It works in every developed country in the world and results in significantly cheaper and better healthcare being available to thier populations.
Keep kidding yourself if you want – but the evidence is clear – our health system is overpriced and underperforming and neglects a significant proportion of our population. In short it is a disgrace and an embarrassment.

Report: Chicago health dept. lags on improvements

CHICAGO (AP) — A report says the Chicago Department of Public Health has failed to improve management of its inventory of pharmacy goods such as vaccines and drugs.

Hart interviews the McCains: CBS 10/06/08


Tax Refund Time

Tax Refund Time

Question: how long is the estimated wait time to receive your income Tax Refund electronically?

Sent in income tax w-2 forms into Internal REvenue Service, how long will it be until i recieve my refund?
I filled in my bank info where specified.

Answer: I have friends who have received theirs within 10-14 days.

I haven’t been able to file mine yet

Action time

Even after submission of Form 15G along with PAN on time for non-deduction of tax at source, my banker has deducted tax from my interest on FDs. Since my annual income is much lower than the Taxable Income, I am not submitting tax return.

It Is Tax Refund Time – Consumers Beware and Be Aware!


Tax Refund Credit

Tax Refund Credit

Question: what is the average wait time for the first time home buyers stimulus tax credit refund?

Answer: 12-16 weeks.

Jackson Hewitt® Tax Tip: Vital Information on Available Tax Benefits for Taxpayers With Children

While there are many surprises that come with raising children, parents shouldn’t be caught off-guard about child-related tax credits and deductions. According to Jackson Hewitt Tax Service®, parents should learn about both new and long-standing tax considerations that could help them receive a larger tax refund.

Who’s on First? An outrageously funny summary of the Health Care Credit


Income Tax Refund Procedure

Question: Am I allowed to refuse to deduct half my self-employment tax from Adjusted Gross Income?

My income is based entirely on self-employment, and this year it is pitifully low. Because of the Making Work Pay tax credit I would actually get a slightly bigger refund with a slightly higher value on line 1 of Schedule M, which I could achieve by simply entering 0 on line 27, which refers to one half of my self-employment tax.

Is this allowed? Would it make me more likely to get audited? Is there any special procedure I should take if I do it? The amount of money I’d gain is pretty tiny, but if this is a low-risk affair then I figure I might as well do it.

Your help is much appreciated.

Answer: No. You have to reduce the income by the 1/2 adjustment.

The IRS computer will fix your return if you try to skip this step.

Treat garment exports as priority sector; tax sops, less interest

New Delhi, Feb 18 : Ahead of the Budget 2011-12, Garment Exporters asked the government to accord priority sector status to the industry in view of its high potential of employment generation, especially women workers and eliminate anomalies in exicse and custom duties relating to raw materials.

Tax Tips: Earned Income Tax Credit 2011


Tax Refunds 2010

Tax Refunds 2010

Question: Has anyone recieved their Illinois Tax Refund for 2010?

I have always recieved it quickly in the past, but the website keeps saying it has been processed but no payment date determined. I heard they are holding them up because of budget shortfalls, but tax refunds are supposed to come from a different fund.
i just rechecked the website and it says mine will be mailed out on feb 9th

Answer: I just called the Comptroller’s office and was told that they have until June 15th to mail or direct deposit payments. I explained to the lady on the phone that the website for the state says that if you use DD and E-filed, you should get the refund in a week. She told me “I don’t know what maniac told you that, but we are not late until June 15th”.

So….no idea when they are coming. But I guess they still have a while to process payments.

City sales tax just misses mark

The North Platte Telegraph The state has the Nebraska Economic Forecasting Advisory Board. The city of North Platte has Jim Hawks.

When Will I Get My Tax Refund 2010, 2011