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Recent Earned Income Credit questions

I am getting divorced in TN at the end of the month. I will

I am getting divorced in TN at the end of the month. I will be receiving child support and alimony. How does this affect my taxes ? I work but make less than $30,000 a year and have a special needs child. I have always declared 0 married, I will change it to 0 single once the divorce is final. I never want to owe taxes so I would rather have a refund later then more now. From what I understand I am not taxed on child support but I will be taxed on my alimony. So how exactly does this work?

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emc011075

Tax advisor and Enrolled Agent

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A friend is afraid an employee will file 1040x and report

A friend is afraid an employee will file 1040x and report income which has been paid in cash.consequences?

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

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I worked in the US months last year. I got a job in Qatar

I worked in the US for 10 months last year. I got a job in Qatar and claimed tax exempt for 2 months. I went to file my taxes and the turbo tax said I was not eligible for child tax credit because of this. Is this correct? I am thinking there is a way to get my full refund still. I don't believe that I should miss out on Child Tax Credit because I worked 2 months in another country which would've been MAYBE $200 in taxes I would've paid.

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

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My ex and I signed a custody "agreement" in Pennsylvania

My ex and I signed a custody "agreement" in Pennsylvania that was simply notarized, not a court order which stated that he could claim our daughter every other year, even though we paid for all of her support every year. I never signed a form 8322. Was he legally allowed to claim her on his taxes. Could he get into trouble for claiming her those years?JA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: No that is all.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

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I have a client who made virtually no income and whom I did

I have a client who made virtually no income for 2015 and whom I did not file a return for. He called me up because a financial aid person at the college his daughter wants to go to needs to see his 2015 return, and he asked me to file it. His earned income for the year was $10 and he is checking on a 1099 Int form, which is not going to be significant. I am filing the return for him, largely as a favor. It looks like he will get $2 back as EINC. I am wondering if it would be wise in this situation to take off the EINC by not answering one of the EINC question so he disqualifies. Or doe it matter. He really only made $10 and has been depleting his bank accounts, a task which is nearly completed. It seems silly the school is requesting his tax return, but sensible to provide it if that is what is needed. He was a legiitmate past customer and paid a legitimate fee, and may be again in future. I want to help him but not raise any red flags. Any ideas?

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

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My ex is stating that she is going to tell her

Hello, my ex is stating that she is going to tell her attorney that I claimed my kids on my income tax return. I have claimed then since they where born, she has never worked and currently does not work. I have not seen my kids in a year due to a parenting time dispute that is still pending. But I have always paid child support and am current. If she takes this to civil court even though this is not the IRS is legally ok to deny any agreement because she doesn't work and I pay childsupport and the civil court does not have jurisdiction over the IRS?

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

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I'm irst time here, is your help is free? JA:

Hello! I'm for the irst time here, is your help is free?JA: The Accountant's require payment for their services. It's way less expensive on JustAnswer than face-to-face would cost.Customer: sure, could you tell prices please?JA: The Accountant will know how to help.Customer: i had a foreign income as self-employed and I'd like to fill my tax return for prior yearsJA: Please tell me more, so we can help you best.Customer: I'm a green card holder and didn't know i need to fill tax return in the US while I've already paid taxes in my country (Russia), i work online (advertising field, have clients in rissia, but live in the US). I had income in half 2012, and then 2013,2014, never fiiled US tax return. So I'm afraid of penalties...JA: Is there anything else important you think the Accountant should know?Customer: i have two ways - to fill as non-resident alien + tax treaty OR like a resident, so gross income for 1040 - deduction for home officeJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

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I am filing taxes first time as married filing separate. My

I am filing taxes first time as married filing separate. My husband lives in Nevada and I live in South Carolina. Do we both have to file form 8958 for community property.JA: The Family Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: noJA: Please give me a bit more information, so we can help you best.Customer: Lived apart all of 2015. For tax purposes filing separately is our best option this year because of previous federal taxes owed together.JA: Anything else I can tell the Family Lawyer before I connect you two?Customer: noJA: I'm sending you to a secure page on JustAnswer so you can place the $5 fully refundable deposit now. While you're filling out that form, I'll tell the Family Lawyer about your situation and connect you two.

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Stephen G.

Sr Financial & Tax Consultant

Bachelor's Degree

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Spouse and I are separated, no formal agreement. Have been

spouse and I are separated, no formal agreement. Have been this way for 6 years. Always filed jointly. However, this year filing separately first time. I am NOT filing at all as my only income is SSDI. He informally gives me money that I use to pay mortgage, and house taxes with. Children live with me, ages 15 and 17. One child or the other is always spending the night with him....take turns EVERY NIGHT without fail. I always do our taxes. Doing them now and stuck on filing status. Can he be Head of Household and take full mortgage deduction and house tax deduction as I am not filing at all? His name IS ***** ***** 1098. However, not on Deed which can be changed in a heartbeat as that was done to qualify for a Home Loan Modification to reduce mortgage payment after he left, according to my sole income. Understand, we have an amicable arrangement and just want to get taxes done and file correct status and not overstate deductions. Turbo tax is not conducive enough to my situation to help. Thank you! ***** is Massachusetts and he also pays rent on his own apt., can he deduct that for state.

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Angie

Bookkeeper

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