The Federal Tax Credits Blog

Posts Tagged ‘federal’

Question: Arizona Income Tax Credit?

Where do you get the info on how to give a donation and get credit on your AZ state income tax?

Answer: To what kind of donation are you referring? Many qualify for tax deductions and credits.

I’d suggest you take a look at the results of this search from the Arizona Department of Revenue website:

The Arizona Charitable Tax Credit – Primavera Foundation

Question: FEDERAL TAXES: Child Adoption Credit….?

Does this apply only if you go through an agency and adopt a child the usual way, or could it also apply if you get married and adopt the children that your wife had before she married you? My wife had 2 kids before we met. Their father relinquished his parental rights, and I adopted them and I am now legally their father. The names on their birth certificates now match mine and my wife’s. Can I take the Child Adoption Credit on my federal taxes? Can you also point me to a source for your info? Thanks!

Answer: It only applies if you are adopting someone outside your married or biological family. Changing from foster child to adopted child counts. Adopting your spouse’s child doesn’t count because if you are filing a joint return, the kids are already his. The child cannot have been related to either of you prior to the adoption.

The motivation here is to get homes to orphans, not change of parental duties.

Randall the EA

Quicken: Budgeting for the Cost of Raising a Child

Question: can you pay your IRS taxes with a credit card?

My husband did not take out enough taxes on a job he had for a couple of months and we will owe at least a thousand on that. Hopefully that’s about all we’ll owe. Can I pay what I owe the IRS on a zero interest credit card? THANKS!

Answer: You can pay with a credit card, but there will be a “convenience fee” of 1.9-2.35%. For more information go to: http://www.irs.gov/efile/article/0,,id=97400,00.html

Small Business: Tax Credits in Small Business Jobs Act (ASL, Captions & Voice Over)

Question: Can my auntie get disabled tax credits?

Hello!

Can my auntie get disabled tax credits? She has diabetes (the type controlled with medication).

I looked on tax credits website and came across this and thought she would fit this criteria – - -

20. You cannot normally sustain an 8 hour working day or a 5 day working week due to a medical condition or intermittent or continuous severe pain.

Thanks!

(El_Ed)
Elsie Edwards

Answer: if it is only diabetes then probably not actually
i know there are a lot of issues associated with diabetes such as sickness dizziness etc but they will prob say there is some kind of work she can do but it may be worth talking to them

best wishes

Tax Credits and Benefits for Disabled Taxpayers