Αποτελέσματα Αναζήτησης
Use Form 8812 to figure your additional child tax credit. The additional child tax credit may give you a refund even if you do not owe any tax. You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records
18 Οκτ 2007 · For taxable years beginning in 2008, for a child to whom the § 1(g) "kiddie tax" applies, the exemption amount under §§ 55 and 59(j) for purposes of the alternative minimum tax under § 55 may not exceed the sum of (1) the child's earned income for the taxable year, plus (2) $6,400.
Section 63(c)(2) provides the standard deduction for use in filing individual income tax returns. See all standard deductions by year and legislative history.
This publication discusses some tax rules that affect every person who may have to file a federal income tax return. It answers some basic questions: who must file; who should file; what filing status to use; how many exemptions to claim; and the amount of the standard deduction.
From 6 April 2008 a flat rate of capital gains tax of 18% applies to all disposals except for those that qualify for the new entrepreneurs’ relief (see below). The indexation allowance and taper relief have both been abolished. The annual exemptions for individuals and trusts still apply. For 2008/09 they are £9,600 (2007/08 £9,200) and up to
The kiddie tax changes are effective for tax years after May 25, 2007. For most taxpayers, this will affect their 2008 tax filings. So now is the time to consider new strategies and alternatives: Earned income is not taxed at the parents’ rate.
If your gross income or adjusted gross income is more than the amount shown in the chart below for your filing status, age, and number of dependents, then you have a filing requirement.
