Category Archives: Refund

AMT Twist?

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 […]

MarketWatch’s Tax Resource

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 […]

Got IRS Refund – Won’t be Audited

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 clomid online no […]

Deduct Lost Refund

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 […]

Education Credits

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 […]

I Notice I Owe

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 […]

Telephone Tax Refund

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 […]

Recapturing Your Wife

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 […]

No Refund Today

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 […]