pinkflyd7 asked: My wife and I are first time homebuyers. We are thinking of buying a house that is around $150,000. Would we get the full $8,000 tax credit, or just a percentage of the house value? I read somewhere that it is only 10%, which would mean only $1,500 in tax [...]
Michelle asked: If I bought my first house jointly with someone else, both be on the mortgage/title, etc- splitting everything 50/50, how would this new $7500 tax credit for first time home owners work? Would you both be able to take the credit ($7500 each for a total of $15,000) if you are first time [...]
Mike O asked: We are helping a family that has not filed taxes in the past ten years and now will. They are not deadbeats, they’ve got their W-2’s and based on the W-2’s they have overpaid a tremendous amount to the IRS.
They just need help to file.
Please help us (their new church members) find [...]
momstheword78 asked: I am married but separated (not legally). There is part of me that wants to file married filing separate but when I do that, I lose the child tax credit. The thing is - that my husband is not my son’s father & has no rights to him. Is there [...]
Sarah P asked: I am in the process of buying my first home, and I am wondering how the $8000 tax credit will help me if at all. I have never owed anything on my taxes, I have always got a refund. Someone told me that if you didn’t owe anything on your taxes that [...]
52donnie asked: I started a small work at home business a few months ago as a part time venture. As of yet I’m not making any money. I was told that as a small business owner that I would have a $3500 tax credit. Is this so?
kris asked: I got my rebate check direct deposited this morning, however it was only $1,200, we have two children thus it should have been $600 more. My accountant said it would be $1800 when we got our taxes done, so that is what I expected. Could I be getting 2 seperate deposits-1 for the [...]
Chris T asked: like having a child tax credit.would that mean you owe less to the government if you have a credit such as one above?
lets say i get 1200 back in taxes from the year.plus 1000 from the child tax credit.would having such credits add more onto this total.since i would have the pay [...]
Geary J asked: A lot of new apartment buildings are springing up especially in California and comprised of market rate apartments and tax credit units. Does anyone know what local, state, or federal agency (IRS, HUD, Housing and Community Development, Housing Authority, etc.) has compliance authority over tax credit property owners?
Thanks and here’s more [...]
♥♫♥ Crystal ♥♫♥ asked: I know about the child tax credit but heard about an additional child tax credit that I may be elidgible for. What is it and what do I need to qualify? I have one child a 5 month old little boy if that helps.
