What is Recovery Rebate Credit?
The recovery rebate credit is a one-time benefit for taxpayers that did not receive the full economic stimulus payment last year. You can add credit yourself to Form 1040 line 70, or let the IRS calculate it for you. This will either increase the amount of your tax refund or will lower the amount of taxes owed.
I always get so much money back at the end of the year, almost $4,000. I would rather have some of that in my check each week, how much should I claim on my taxes?
I am a single mother, I own a condo where only my 4 year old son and I live. I make just under 30,000 a year. I am also a half-time student in college. Not sure what else you need to know to help me with this. Any advice would be greatly appreciated Hello,
I am a Tunisian national on J1 Visa in the US. However, I have never paid taxes in Tunisia. I did my PhD and was working in France for 5 years paying taxes there. I got my visa in France. Is my tax residency France or is it Tunisia? Because if I claim it to be Tunisia, there is no two years tax treaty. If it's France, what documents I need to claim the tax refund?
Thanks To my peers, Since schedule A's will be delayed, What are you doing and what are you telling taxpayers? I am doing freelancing for two different companies and I have several questions. I deliver for them digital files, such as research, PowerPoints or excel files. Do I need to add sales tax to the invoices? When and how do I file taxes? I have never worked before in California and just started working in October last year. I am a Nonresident Alien and I live in Ensenada Baja California Mexico. I’m about to buy many electronics. Total value would be around $12,000 for my personal use. I am building my own house and I want to buy from SEARS in Chula Vista, California, but I don’t want to pay double tax (in the US and Mexico) since I am going to import the merchandise to Mexico. Is there any way to avoid the payment of taxes in Chula Vista?