Married Filing Separately
Question: MArried filing separately to avoid entire refund to offset wifes student loan default?
Last year our entire refund and stimulus check went to pay off wife’s defaulted student loan. Can I file as Married Filing Separately so that only her refund is taken or will it matter?
Answer: You don’t have to file separately, but that is an option. Another option (which can take longer, but gets both of you more money back if you are due a refund) is to file as an injured spouse (form 8379). That way, you can still get the tax benefits of Filing Jointly, but only her share of any return would be taken- not yours.
Hope that helps. :0)
Is there any benefit to a married couple filing separately?
Tax Filing Status Head Of Household
Question: I am filing a tax return from a previous year and I am unsure what my filing status would be?
I was living with my boyfriend(now my husband) who is a British citizen so he doesn’t need to do anything wiith a US tax return. So, would I be considered head of household or single? I was living in the UK at the time which I still do.
Thank you for your helpAnswer: If you were married by the end of 2007, you file as Married Filing Separately or Married Filing Jointly.
Most people file Married Filing Separately as you don’t want to mix up his finances with yours – in my case, my husband makes more than me so it wouldn’t be beneficial.
Even though he has no requirement to file (he has no US-sourced income), he needs to apply for and receive an ITIN number, which can be done at an IRS office.
You’ll need his number, and your income to file – then, assuming you have less than $85,700 in income yourself, you file both the 1040 and form 2555-EZ.
House Session 2011-05-12 (17:20:46-18:21:47)
Electronic Filing
Question: whats the difference between between filing electronically and paper filing?
Ive always filed my taxes on paper and wanted to know whats the difference between the process of paper and electronic tax filing?
Answer: E-filing is cheaper for the government, and is faster to process. There is no real difference in results.
Electronic Filing Cabinet for Dummies from Costco
Filing Status Head Of Household
Question: I think I screwed up my filing status, I check box 1 single, should I’ve checked off box 4 head of household?
I recieved 300.00 for myself but not for my qualifying 16 years old who was born after Dec 30, 1990. I did use the IRS calculator and use filing status single and the results were 600 dollars refund. Please help me! Any advice would be great.
Answer: you can do an amendment on your taxes just go to the irs website and they will tell you what paper to file
Taking Control of Your Taxes – Topic #48 – Big Income tax mistakes you want to avoid, Part 2
Big Income tax mistakes you want to avoid, Part 2 The problem with IRS tax code is two folds. It’s so convoluted with variations and nuances that defy logic . . .
Senate Session 2011-03-07 (14:00:21-15:02:28)
Tax Filing Addresses
Question: Filing old tax returns from new address?
Have several old tax returns, federal 1040, to send in. These returns are from several years ago when I lived in Hawaii. I am now in New York. What address do I put on the 1040 and where do I send them?
Answer: You always put your current address on your tax return, and file it wherever you need to file for where you live now.
TaxWatch: Is your child a tax cheat?
If relatives overseas have opened accounts in your child’s name, you may be required to report that money on your child’s U.S. tax return.
Tax Deduction Tips for Businesses : Filing Taxes with Capital Gains