Does A 14 Yr Old Have To File A 1040 Tax Return?

Question by keigo3003 | Posted in United States

I have a 14 yr old sister who is currently working and receives checks fromt he visitors that states her income and has income deducted for social security purposes. Her federal and royal tax option indicates its not applicable. Does she still have to file a 1040 tax return for 2007?

---

Answer: If she made more than $5,350 in 2007, yes she must record. Tax liability is based upon income, not age.

ad2

 

What's The Difference Between 1040 Tax Return,1040A, And1040EZ?

Question by tropicalhues | Posted in United States

Hi, I due filed my tax return using a 1040 form.
However, I just found out that I was elegible to use a 1040A or 1040E form.
Have I bewildered money by filing with the 1040 form?

---

Answer: No, you haven't accursed money by filing 1040. 1040EZ and 1040A are simpler forms for use when your tax calculation is very straightforward (no select gains, no charitable deductions or itemized deductions) Filing 1040 provides the most options for maximizing your refund, depending on how complex your

Related Topics:

Income Tax Department Of
Tax Calculator Withholding
Tax B

 

Where Does My Church Contributions Apply On My 1040 Tax Return?

Question by freakydeaky | Posted in United States

I was prearranged an individual record of my tithes and offerings to my local church and am clueless what i should do with it relating to my 1040 tax return. Help!

---

Answer: If you can specify deductions it goes on Schedule A under charitable contributions. If you use the standard deduction, it is not listed any where on your return. Sharon Thrust, HRB Sr Tax Advisor V This advice was prepared based on our understanding of the tax law in effect

Related Topics:

Income Tax Estimator
Tax Calculator Payroll
Tax Appraisal District

 

Can I Still Deduct These Business Related Items On My 2006 IRS 1040 Tax Return?

Question by thone | Posted in United States

I ordered goods for my concern on 12/31/06 but it didnt show up on my bank statement until 1/8/07. Can I still deduct these business cognate goods/items on my 2006 IRS 1040 tax return?
This order was made online.
I paid for this mention/good with my credit card.

---

Answer: MAY BE. If you are a specie basis taxpayer you have to have PAID for the goods in 2006. If you order office supplies and did not pay for them in 2007 then you off them when you tendered payment to the company, not when they cleared your bank account. If you paid on 12/31/06 with a constraint

Related Topics:

Tax Challan
Tax Calculator Online
Tax And Services