The Federal Tax Credits Blog

Posts Tagged ‘income’

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

TurboTax Home & Business Federal + State + Federal efile 2009 $42.89 TURBOTAX HOME & BUSINESS WITH…

Employee benefits loom large in new federal budget law. (column): An article from: National Underwriter Property & Casualty-Risk & Benefits Management $5.95 This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on November 26, 1990. The length of the article is 701 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase…

Children and the economic recovery package.(noted studies): An article from: Policy & Practice $9.95 This digital document is an article from Policy & Practice, published by American Public Human Services Association on April 1, 2009. The length of the article is 426 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Children and the…

Child care subsidy programs (NBER working paper series) …

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

Greatest $10.80 Cute and perky, the Go-Go’s bounced on the scene with “We Got the Beat” as if they were leading a new wave pep rally. As Greatest Hits documents, their energy was at its peak with their debut album, especially on its other hit, “Our Lips Are Sealed.” Later hits like “Vacation” and “Head Over Heels” could still get ‘em out on the dance floor, but also characterized a bit of a mood swing for the ban…

21 Jump Street $29.99 …

Bankruptcy: Everything You Wanted to Know But Were Afraid to Ask $29.00 Filing for Bankruptcy in 2010 is quite different from what it was in the past. In 2005 the banking industry changed the rules! They literally spent millions of dollars through their lobbyists in order to change our bankruptcy laws to their own benefit. The result of this change was to deprive millions of Americans of the financial protection the bankruptcy law was written to provide. “Bankrupt…

Strategies To…Incorporate Your Business, Build Business Credit And Keep the IRS Off Your Back! $97.00 Discover what you must know before you incorporate or form an LLC for your business! What is the best entity for your business? Which state is best? Learn the steps to maximize the cash flow for your business and how to run your business like a business, not a hobby! You will learn dozens of distinctions on this strategy-packed 60 minute CD!…

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

TurboTax Home & Business Federal + State + Federal efile 2009 $42.89 If you’re a sole proprietor, consultant, contractor or single-owner LLC, TurboTax Home & Business will get you the biggest tax savings. Get Your Refund Fast: Efile Your 2009 Taxes with TurboTaxHere’s how efile works: Start your return and efile with TurboTax today. The moment the IRS starts accepting returns, scheduled for January 15, 2010, TurboTax will submit your efiled return. The IRS wil…

Self-employment Why Not?: A Disabled Person’s Guide to the Benefits, Tax Credits and Other Help Available When Considering Self-employment …

Moving into Work: A Disabled Person’s Guide to the Benefits, Tax Credits and Other Help Available When Considering Any Kind of Work …

Panel proposes tax aid for disability, program expenditures still needed.(Disability)(Technical Advisory Committee on Tax Measures for Persons with Disabilities): An article from: Community Action $5.95 This digital document is an article from Community Action, published by Community Action Publishers on January 24, 2005. The length of the article is 478 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTi…

Tax Credits and Benefits for Disabled Taxpayers

Question: my wife and i have owned our home since 2004 and refinanced in 2006 do i qualify for the tax credit?

Answer: Yes, if you sell it and buy another you are entitled to up to 6500.

The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition $4.53 The bestselling one-stop guide to mortgages—updated for the post–housing crisis market! The Mortgage Encyclopedia demystifies all the various mortgage terms, features, and options by offering clear, precise explanations. Fully updated to address the new realities introduced by the housing crisis of 2007, The Mortgage Encyclopedia provides not just a complete description, but also in-depth disc…

Home Loan First time Home Buyer Broken Arrow OK Refinance Rates