BeAuTiFuLlYbRoKeN asked: Ok I didn’t work in 07 due to my husband’s passing in October of 06, just took time off to spend with my kids while they are still small. My only income for 07, was mine and my childrens Survivor Benefits (SSI). Will I qualify for the Tax Credit? I’ve heard a few [...]

pinkdayzie86 asked: I’m only 21…does this mean i do not qualify for earned income credit? i looked at the site below and i meet all qualification, but i dont quite understand the age qualifications.
http://turbotax.intuit.com/tax-tools/the_earned_income_credit/article

Nate B asked: I heard they passed this new tax credit for employers to boost employment in america. I have a small business and was trying to get more info on it like how much the tax credit is and when can the employers claim the tax credit.

Krista asked: My boyfriend and I just closed on a home together. We want to file an amended tax return for the first time home buyers tax credit. How would we go about both filing an amended tax return. I know we need a certain form to amend and a certain form [...]

trying4_baby asked: I did the 1040. Line 57–0; line 52—630(childa tax credit); line 68—370(additional child tax credit). Thanks for helping me. We made 42600 and have 1 child. We are married filing jointly.

Casey asked: My husband and I just bought a house 2 hours away from our home town and now that we’re here we really aren’t liking it. We qualified for the first time home buyers tax credit, but still haven’t filed the paper work. We were told that we had to live in our house [...]

Tommmmmy asked: I do not file taxes as I receive less than required to do so. Which form do I need to use in order to qualify for the recently passed tax credit offered as part of the economic stimulus plan?

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 [...]

John P asked: Can someone explain in lay man terms as what exactly is this 8k tax credit for first time home buyer.
If I am a first time buyer , salaried with 60K/year,planning to buy 190K home for the first time in my life
Does it mean that government is giving me 8K from there end [...]

Agent 47 asked: In my Student Loan accounts it says that I will be able to use a reportable tax interest form 1098E. Does that mean I can use my loan repayments as a tax credit or deductible? By the way, My loans are currently on Forbearance.