The Federal Tax Credits Blog

Posts Tagged ‘2010’

Hornby PLC – Final Results

Hornby PLC – Final Results

International Travel Tips : Where to Find Good Airline Fares

Question: $6500 homeowners tax credit?

Did the existing homeowners tax credit ever make it through congress?
I scanned the 1040 instructions and it looks like the same bait and switch BS as usual, and I as a 4 year owner won’t be eligable for Jack.

Answer: right you are only 5 year homeowners??? are eligible….so stupid.

Question: Why don’t I qualify for the child tax credit?

I had my daughter in October of 2010 and am filing my taxes on turbo tax, but they are telling me I do not qualify for the child tax credit, why is that?
Ah, I see, thanks everyone!

Answer: Your tax liability is probably 0. Look for additional child tax credit, you might be able to get that.

How your family can save at tax time

Tax time can be confusing for families. A guide to what receipts can come in handy.

Citing deficit, Obama freezing federal worker pay

President Barack Obama on Monday called for freezing the pay of 2 million federal employees, saying the move is the first of many difficult decisions that must be made to slash the nation’s mounting deficits.

Excel Busn Math 59: Annuities Math & Excel

Question: Can I get the American Opportunity Credit or Lifetime Learning Credit on my 2010 tax filing?

I have about 7,000 W-2 income in 2009. I am completing my AA and received a Pell Grant in 2009. Can I also apply for either of these credits on my taxes?

Answer: No, in order to get those credits you have to have paid for your schooling with your own money and if the Pell paid for all your costs, it was not your money. Sorry.
PS: You are doing your 2009 income tax return right now, not your 2010 one.

2010 Race for Idaho Governor: How would the candidates govern?

Butch Otter and Keith Allred both see the Founding Fathers as the roots of their governing philosophies. Both call for a stronger emphasis on the 10th Amendment to the Constitution that reserves for the states all powers not placed with the federal government.http://Voices.IdahoStatesman.com/Barker

Hefty Tax Returns for Parents and Students