The Federal Tax Credits Blog

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Question: Are we entitlled to income support?

I posted a question earlier about benefits after redundancy. We have calle Tax credits and apparently our child tax credit stays the same!! We have ben looking ino other bnefits and Income support came up but we cant seem to figure out if we are entitlled to it. I look after my 3 young children so dont work, one is at full time school, one is at nursery and one at home full time. When my husband looses his job he will claim JSA but is that all we will have to live on?? That will mean we will be nearly £300 a week down onwhawe get now with his wages! im so so worried we wont survive!!

Answer: when your husband looses his job , you will both need to be put on a joint clam for income support , so it will be both of you calming together , you will also get help with council tax , rent or mortgage payments , school dinners , school clothing , you will still get child tax credit ,

The jungle primary

A political bombshell exploded in the early morning hours of Monday, February 7.

Redundancy – Lloyds TSB Advice and Guidance

Question: Are HSA distributions considered household income when calculating the Michigan Homestead Property Tax Credit?

The MI-1040CR instructions say that household income includes reimbursement from medical spending accounts but I am not sure if disbursements from a Health Savings Account are included?

Answer: It makes no difference whether it’s a MSA or a HSA. You have to include it as household income.

Globaldrive (UK) Var – Notice of Amendments to Transaction Documents

Globaldrive (UK) Var – Notice of Amendments to Transaction Documents

House Session 2011-03-03 (12:03:18-13:04:18)

Question: Will I receive a tax refund this year?

I am a nurse and I grossed $45K in 2008. My federal tax withholding was $5225 and my state withholding was $1300. I am also a full-time student. I have been receiving the Lifetime Learning Credit for the last 2 years and my educational expenses were approximately $16K. I am completely tax illiterate and I want to start learning a little more about my money. Thanks!

Answer: yes about 3600.

City leaders, think tankers suggest various causes of Detroit’s high illiteracy rate

A damning report released this month showing that nearly half of all adults in Detroit, Michigan are functionally illiterate has pundits and officials playing the blame game.

NCEA’s Lindalyn Kakadelis discusses education tax credits

Question: Credit scores are at an all time low, is this a sign of recovery?

Housing drops a record 30% across the board in sales, employment is at all time current low (despite fixed numbers), jobs are being lost on a month by month basis in the hundreds of thousands, our government continues to grow bigger and more burdensome, taxes will reach an all time high in 2011, is this the change we should of seen coming?

http://news.yahoo.com/s/ap/20100712/ap_on_bi_ge/us_credit_scores_new_lows

Answer: No it is one more sign that 0bama has brought us to economic collapse with his hopey chagey economic madness

Trader Media East Ld – 1st Quarter Update

Trader Media East Ld – 1st Quarter Update

USUncut & Yes Lab Punk GE into Returning their 2010 Tax Credit

Question: Will I get a tax refund this year since I only made $1000?

I am on social security disability and tried to work this year and made $1,000. I know I can’t get the child tax credit since I didn’t earn enough, but am I still eligible for EIC and/or the making work pay credit? I haven’t received my W2 yet, else I would figure this out on my own. Thanks! =)

Answer: It depends on how much was withheld from your check. If your only earnings were $1,000 + SDI you should get all of any income tax you paid in (if any) back. But you won’t get your SS or Medicare taxes back.

New Laws Effective January 1, 2010

The following legislation will take effect beginning Jan. 1, 2010.

Children’s Fitness Tax Credit