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Recent Refundable Tax Credits questions

I am a foreign student on F-1 visa who have been in the US

I am a foreign student on F-1 visa who have been in the US for 5 years. I didn't work in my first year here. I don't have a green card. If my income in 2015 falls within the specified range of the Earned Income Tax Credits, am I eligible to claim the Earned Income Tax Credits?

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Barbara

Enrolled Agent, Paralegal

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If I don't pay quarterly estimated taxes during the year can

If I don't pay quarterly estimated taxes during the year can I still be entitled to a refund due to expenses and depreciation of equipment

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Lev

Retired

Bachelor's Degree Equivalent

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Our corporation amended a 2012 return R&D refundable tax

Our corporation amended a 2012 return for a R&D refundable tax credit in Feb 2015. The Louisiana Dept of Revenue disallowed the credit because in 2012 we had a tax amnesty and they said therefore we could not amend that year. It took the State from Feb 2014 to Feb 2015 to tell me that the credit was disallowed. They held up my return for a year.I was just told we could amend 2013 for the R&D tax credit BUT in July 2015 the law changed from a refundable credit to a non-refundable credit and includes ALL tax years. The law further states "does not apply to credits claimed on orginial tax returns prior to July 2015". It is important to get refundable status because it's a large credit.My question is since we filed for the credit prior to July 2015 are we still entitled to a refundable credit if we are amending to claim the credit on a different year (2013)?

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Robin D.

Vocational, Technical or Trade School

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A grandmother has raised her granddaughter since birth. The

A grandmother has raised her granddaughter since birth. The granddaughter is now 7 years old. The grandmother is on disability and only receives $741 a month (no other income). Can she file a tax return to claim her granddaughter?Thank you,Angela

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Lev

Retired

Bachelor's Degree Equivalent

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24,192 satisfied customers
i have 2 kids as dependents. my annual income is 21,600. how

i have 2 kids as dependents. my annual income is 21,600. how much am i going to pay for my taxes? i get paid in cash

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

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I am a Canadian citizen living in the US since June 2012.I

I am a Canadian citizen living in the US since June 2012.I am preparing my Canadian taxesI work as a teacher and made about $20000 during 20141. Do I need to file Canadian taxes since I am already paying taxes in the US2. How much can I claim for "Amount of foreign tax treaty deduction"?3. do I have to claim any other foreign tax credit since I already pay taxes in the US?thank you

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Lev

Retired

Bachelor's Degree Equivalent

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24,192 satisfied customers
My elderly mother lives in assisted living (she has dementia).

My elderly mother lives in assisted living (she has dementia). She gets $1592 in social security and 435 from a pension. There is no other income. Assisted living now costs 4800 per month. Can she get any type refund, etc., on what she has to pay?

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Robin D.

Vocational, Technical or Trade School

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20,648 satisfied customers
I need help with an injured spouse allocation question. are

I need help with an injured spouse allocation question. are you married and I have a daughter with my husband. My husband owes back child support tour a child he had before we was married. I went to a tax personand they said that me and my daughter would not get any amount of the refund because I never had any income although the refund would not be what it is because of our earned income.the tax person told me that the refund amount would be kept by the IRS back child support. They said the whole amount would be kept. I don't see how this can be true because some of that income should be mine and my daughters. Could someone please explain this and help me I live in the state of Ohio.

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reading up on ruling 2002-19 I am taking a leave of absence from work for 9 months to g

reading up on ruling 2002-19I am taking a leave of absence from work for 9 months to go to a fitness camp to loose weight. I can get a letter from my doctor certifying that I need to go to treat obesity.The cost will be $63K. my income will be greatly reduced to below $63K.how do I file my tax return? can i write off more than the amount of my income?

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Lev

Retired

Bachelor's Degree Equivalent

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24,192 satisfied customers
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