Today TaxMama hears from Steve in Alaska who sends a very long question. To summarize, he says: “Using TurboTax, my standard deductions are higher than my itemized deductions. Yet, choosing the standard deduction, I OWE the IRS approximately $1,650. But if I itemize deductions, I get a REFUND from the IRS of about $450. Why […]
Category Archives: Refund
Using the IRS Name; Advance Payment Scams Starting Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today warned taxpayers to beware of several current e-mail and telephone scams that use the IRS name as a lure. The IRS expects such scams to continue through the end of tax return filing season […]
Those of you who were incensed and insulted with the wastefulness of the new rebates, you’re not alone. You’ll find Jennifer Waters’ article “Take your stimulus rebate and shove it, many readers say” Andrea Coombes gives you “Five valuable tax perks you don’t want to miss when you file” I learned some amazing things about […]
Today TaxMama hears from Linda in Denver, with this wonderful question, “Is it safe to assume that you will not be audited if you receive the refund that due you?” Dear Linda, What an interesting perspective? IRS sends you a refund. And there will never be an audit of that year.buy clomid online mannadew.co.uk/wp-content/languages/new/uk/clomid.html no […]
WASHINGTON — The Internal Revenue Service is looking for 115,478 taxpayers who are due refund checks worth about $110 million after the checks were returned as undeliverable. The refund checks, averaging about $953, can be claimed as soon as taxpayers update their addresses with the IRS. Some taxpayers have more than one check waiting. “Taxpayers […]
Today TaxMama hears from Bruce in the Tax Parlor, asks an interesting question. “I filed 1997 taxes well past the 3-year statute of limitations to get my refund. Naturally IRS denied my request for my $8,000, saying I had filed too late. Is there any way to get IRS to release that refund? Or can […]
Today TaxMama hears from Mike in the Tax Parlor says, ” I was just wondering how the Hope Credit works. I am a Graduate Student and was disappointed that my refund was low (about $200 compared to previous years when it had been $500), so I was going through looking for things I missed. I […]
Today TaxMama hears from Lynne in Mansfield, Texas, who says, “I received a notice that payment is owed. Will I be able to file my taxes and have them take the amount out that is owed? And still receive a refund?” ~~~~ Dear Lynne, Well, that must be depressing. I can’t answer you since I […]
Today TaxMama hears from Dianne in the Tax Parlor, who has a long, complicated question about the new Telephone Excise Tax Refund. Her question is probably a lot like yours. So, we’ll summarize it here – and you can read the details in the Tax Parlor, OK? ” Over the years, we a variety of […]
Today TaxMama hears from Lisa, who tells us: “I recently read your article regarding divorce and taxes on MarketWatch.com. You mentioned filing a Form 8888 to have refunds split and directly deposited. My husband has been out of permanent work since June. He has been drawing unemployment and doing odd jobs. My income is approximately […]
Today TaxMama hears from Cheryl in the TaxParlor who asks, “Can a person go back and amend tax returns to claim a wife who did not have a Social Security Number but has one now? She just received her number in the last 2 months and her spouse wants to amend the last 3 years […]
Today TaxMama hears from Tammy in Pasadena, CA who’s upset, “I filed my 2005 tax return as was getting a pretty sizable return. IRS kept it. They told me that I would have to file for 2001 – 2004 to make sure that I didn’t owe them any money before they would give me the […]