The Federal Tax Credits Blog

Posts Tagged ‘child,’

Question: How does a woman on SSI file and get child tax credit?

My fiance is on SSI (perminently disabled) but has two kids. She cannot work but then how does she get the child tax credit? Can she file taxes if she is on SSI?

Answer: If her only income is Social Security, then she does not have a filing requirement , so she would not be eligible to claim the child tax credit, nor the Earned Income Credit, She has no taxable income, and no Earned Income

1-800-829-1040

Tax tips: Most need to file a tax return each year

Q: Do I Have to File a Tax Return?

Is the child tax credit good for families?

Question: Tax credit on child care?

If I pay my friend that is a stay at home mom to watch my little girl. I pay her 28 dollars a day, can I still use that as a tax credit if she doesnt have a FEIN number? Do I need her to get one?

Answer: Yes, she can give you her ss# to put on your return for who you paid.

She is required to claim this as income, whether you claim the child care credit or not.

Mitchell Bard: The Tea Party All-Stars: The Worst of Extreme GOP Midterm Candidates

Noted football coach Bill Parcells once said, “You are what your record says you are.” Parcells’ quote jumped into my mind when I was thinking…

WBAL Radio Interview on Child Care Tax Credit 4 5 07

Question: Working Tax Credit and child tax credit?

I am looking to go back to work. I am single mum with a 5year old. The only work i can seem to find is with employment agencies. If it is says the work is permanent and Im working at least 16 hours can I still claim Working and child tax credit???
I have been told by a friend I cant as its a agency but surely it doesn’t make a difference.

Answer: You can Claim Tax Credits as long as you work over 16 hours per week , working for an agency makes no difference

40,000 kids in Poland get UK child benefit

Millions paid to foreign workers

Lewiston-Auburn Law Enforcement Leaders Back child tax credit To Cut Crime

Question: Can I Claim Working Tax Credits while still living at home?

Thanks to the credit crunch! I’m now due to change jobs, unfortunately I will no longer be full time and will be working 30 hours a week plus my wage will also reduce to about 12900 p.a. pr, although I’m still living with my parents who are both retired & claiming there pension, I still have to pay my own way so will i be entitled to claim Working Tax Credits & if so how much?

Answer: look on the website entitledto.co.uk there is a calculator there that will tell u if u can and if ur able to claim anything else even housing benefit and council tax benefit. its not possible to say how much as it depends on yr age and how many hours u work and how much u earn. there is also a calculator on the inland revene tax credit website that will tell u. ps if ur single and under 25 i dont think u can claim in case this answers yr question immediately. good luck.

Home buyer tax credit causing headaches and trouble

The federal home buyer tax credit did its job to boost the real estate market, but many involved – from buyers to the IRS – have run into problems with confusing wording and stipulations.

Glenn Beck…David Buckner and Tax Credits

Question: Daycare deduct as business expense?

If one is self-employed and files a schedule C, can she deduct daycare/babysitting expenses to go to work 100% as a business expense? This would be instead of taking the day care tax credit. Also, then would she need to 1099 her daycare provider/babysitter in order to claim the business deduction?

Answer: While you won’t 1099 the provider, you will be giving them a W-10 to get their SSN so you can put it on form 2441. (UNLESS she does the work at your house, in which case YOU owe her a W-2 and need to file a schedule H to pay the payroll taxes.)

The IRS can then cross check to see that she reported the income on her tax return.

Summertime child care expenses may qualify for a tax credit

Did you know that your summer day care expenses may qualify for an income tax credit? Many parents who work or are looking for work must arrange for care of their children under 13 years of age during the school vacation. Those expenses may help you get a credit on next yearâs tax return.

Child Care Tax Credit