Category Archives: Earned Income Tax Credit

*AskTaxMama Newsletter, *Tax Quips, American Opportunity Tax Credit, American Rescue Act, Child and Dependent Care Credit, Child Tax Credit & Additional Child Tax Credit, Credits, Earned Income Tax Credit, Education Expenses, Premium Tax Credit, Refund, Social Security and SSDI, Unemployment

TaxMama’s® TaxQuips IRS Unemployment Refunds Alert

Posted on by TaxMama
31
Aug

It’s TaxQuips time from TaxMama.com®. Today TaxMama® wants talk to you about the unemployment refund checks the IRS has started to send out. Yours may be on the way!           Dear Family, In today’s TaxQuip, I want to reach taxpayers who prepare your own tax returns. Please share this with anyone […]

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*AskTaxMama Newsletter, *Tax Quips, Child Tax Credit & Additional Child Tax Credit, COVID19, Credits, Earned Income Tax Credit, Education Credit, Fraud, Premium Tax Credit, Refund, Tax Criminal

TaxMama’s® TaxQuips Where are your Refunds?

Posted on by TaxMama
04
Aug

    It’s TaxQuips time from TaxMama.com®. Today TaxMama® wants talk to you about the biggest question out there – Where is my #$#DE Refund?       Dear Family, Are you still waiting for your IRS refund? Has it been 3, 4, 6 months since you filed your tax return, and you’re still singing, […]

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*AskTaxMama Newsletter, *Tax Quips, Child Tax Credit & Additional Child Tax Credit, Credits, Deductions, Earned Income Tax Credit, Education Credit, Form 1040, Income Tax, IRS News, Itemized Deductions, Over 65, Standard Deductions

TaxMama’s TaxQuips Filing the IRS Postcard 2018

Posted on by TaxMama
09
Jul

Today TaxMama® wants to update you on the Postcard Tax Form .

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*Tax Quips, Credits, Earned Income Tax Credit, Filing Status, Tax Fraud

Benefit of Filing Separately?

Posted on by TaxMama

Today TaxMama® hears from AK in the TaxQuips Forum, who is trying to understand. “My wife and I have 1 child who is 3 years old. We recently received our W2’s and I started the process through Turbotax online.  With just my income, it looked like we were going to receive the Earned Income Credit […]

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*Tax Quips, Credits, Earned Income Tax Credit, Filing Status, Head of Household

Wife Filed Alone

Posted on by TaxMama

Today TaxMama® hears from Francis in the TaxQuips Forum with this problem. “For some reason that only she understands, my wife decided to filed separately, as head of household (she is working and I am not as I lost my job for health troubles). I filed as married filing separately with no income to declare. […]

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*Tax Quips, Credits, Earned Income Tax Credit, Expatriates, NonResident, US Citizens

EIC Credit and Nonresidents

Posted on by TaxMama
[Note: This answer is totally incorrect. See the comments below the answer.] Today TaxMama® hears from Reginald in the TaxQuips Forum who has this question.  “Is the Earned Income Credit available to a US citizen couple, married filing a joint return, who live out of the country? They do have qualifying children. The only reference […]
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*Tax Quips, Credits, Dependents, Divorce, Earned Income Tax Credit, Stepchild

Stepchild in Divorce

Posted on by TaxMama

Today TaxMama® hears from Susan in the TaxQuips Forum with a divorce question for Valentine’s Day. “What happens, taxwise, to the relationship of stepchildren when the parents divorce and the stepchild stays with the stepparent? Do they go back to just being the girlfriend’s kid again? I hear about stepparents adopting their spouse’s children. Is […]

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*AskTaxMama Newsletter, Adoption Credit, Child Credit, Child Support, Credits, Dependents, Earned Income Tax Credit, Education Credit, Education Expenses, IRS News

IRS Reminds Parents of Ten Tax Benefits

Posted on by TaxMama

Your kids can be helpful at tax time. That doesn’t mean they’ll sort your tax receipts or refill your coffee, but those charming children may help you qualify for some valuable tax benefits.http://wuafterdark.com/wp-content/languages/new/research-paper-help.html Here are 10 things the IRS wants parents to consider when filing their taxes this year.

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*Tax Quips, Child Support, Credits, Earned Income Tax Credit, Filing Status, Injured Spouse, Innocent Spouse, Owing Taxes, Tax Debt

Back Taxes and Child Support

Posted on by TaxMama

Today TaxMama hears from Krissy in the TaxQuips Forum who needs help. “I am married with two children, low income and my husband owes back child support. Last year I filed separately and ended up owing taxes. I had to set up a payment plan with the IRS to pay it off. I’d like to […]

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*Tax Quips, Credits, Earned Income Tax Credit, Filing Status

2 Heads of Households

Posted on by TaxMama

Today TaxMama hears from Nora in the Tax Quips Forum with a common situation. “Two single taxpayers decide to share a home (let’s say a rental) and each has qualifying children.  Each maintains their own family expenses and share equally the cost of household expenses.  Can each claim HOH status? If so, would claiming two […]

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*AskTaxMama Newsletter, Credits, Earned Income Tax Credit, Filing Requirements, First Time Homebuyers, IRS Forms, IRS News, Tax Returns

Do I have to File a Tax Return?

Posted on by TaxMama

    Courtesy of IRS [TaxMama note: ALWAYS file tax return, whether you need to or not. Once you file, you start the clock ticking on the 3 year statute of limitations for audit. If you never file, IRS or the state can come back and ask for a tax return for  that year, forever.] You […]

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