The Federal Tax Credits Blog

Posts Tagged ‘how to claim tax credits online’

Question: Tax credits for full time students?

I am 25 and in college full time (online courses so that I can still work PT). I didn’t make much for 09… I think it was maybe around $5,000. I know I am able to claim my son on my taxes, but are there any additional tax credits that I can get for being a full time student? Just curious…

Answer: If your school is an eligible institution (and mails you a 1098 showing the tuition you paid) and you paid for the tuition from your own money, you can look at the new American Opportunity Credit. It’s partially refundable–though full details are not available yet.

MORTON KONDRACKE: Be like Reagan with tax reform

If President Barack Obama is looking for ways to create jobs and work with Republicans, there’s a project readily at hand for him: tax reform.

Recovery Act Tax Savings Tool

Question: Poll Tax, if I dont pay it can I still claim Working Tax Credits?

Will it afect my state pention when I retere in 5 years time?

Answer: You mean Council Tax and non payment doesn’t affect credit, benefits, or anything really.

However, you could be imprisoned. Many boroughs are doing committal orders again.

Bear in mind, once a Liability Order is awarded at court, the Authority has the power to send in bailiffs, take money from your earnings or benefits, make you bankrupt or put a charging order on your house.

But benefits or pension? No, it won’t affect them.

Managing money: Keep finances in order

While the nation attempts to dig out of an extended recession, many are likely to resolve to improve their financial situation in 2010.

How to Claim $8,000 Tax Credit