What is unearned credit tax?

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What is your thoughts here Millions of Tax Returns Will be Filed Fraudulently: Earned Income Tax Credit is Use?

What is your thoughts here Millions of Tax Returns Will be Filed Fraudulently: Earned Income Tax Credit is Use by Illegals and Scam Artists to Get Undeserved Monies? WASHINGTON, April 13 /PRNewswire-USNewswire/ -- Millions of citizens and non-citizens...

Answer:

I worked for IRS and this is so true, you had so many illegals calling in about the earned income credits...

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Is the child tax credit and EIC considered "unearned income of the children" for child support?

Can the $3400 tax credit for each child as well as the EIC of a low income parent be considered as "unearned income of the children" and "Unearned income of the parent" when calculating child support? Lets say a parent has custody...

Answer:

of course not

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What u think La Raza to fight Congress on proposed law closing child tax credit for illegals?

Behind the scenes, National Council of La Raza continues its work to protect illegal immigrants from U.S. tax law. While the U.S. taxpayers are on the hook for $15 trillion of debt, La Raza would like to give illegals up to $1,800 in tax credits. &ldquo...

Answer:

What does LaRaza have anything to do with America? They're over here protesting like we're talking about...

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Homebuyers Tax Credit (not a first time buyer) - Does the Gov send you a check? What about the 5 year rule?

Hi, I am looking at buying a second house. We now live in a duplex that was bought in 2007, need more space already for growing family and have been saving for a larger single family and planning to keep the other house as income property. Unfortunately...

Answer:

It is a credit, you would get a check for the difference. You are not eligible because you have not...

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What is the different between work tax credit and tax credit?

Like only tax credit not CHILD tax credit just tax credit. What is the difference?

Answer:

tax credit is just the overall umbrella people use, its not its own credit.

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What the hell is the point of a tax credit?? (you either get money that was yours already, or someone else's)?

Seems like this benefits no one but those who want to try to manipulate the tax code. Couldn't you just let people keep more of the money they earn to begin with?? (instead of paying it in and then getting it back). Keeping money you already earned IS...

Answer:

Its a way to pretend you are helping the people before you tax em up the wazzu.

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What exactly is the tax credit for employers who hire new workers and when do employers get the tax credit?

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.

Answer:

Oh yea right another bloated pork project that will do NOTHING to decrease the unemployment rate. Supposedly...

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What screen in turbo tax do I enter my tax credit adjustment amount?

Turbo Tax and the Certificate for Income Adjustment I am itemizing and I have a Certificate for Income Tax Adjustment from Department of Defense for my overpayment of a debt to the federal govt. What screen in turbo tax do I enter my adjustment amount...

Answer:

Turbo Tax can't do this. You should use Tax Cut instead - it is much better.

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What is included in working hours when you work from home and get tax credit and child tax credit?

If I am self employed and have a blog that for parents and working with it hours every day to make it well, to get more visitors and to get income from ads, does it means like a normal work? Does it included in my working hours because of the child tax...

Answer:

If you can show that you are spending a minimum of 16 a week working in your business, whatever form...

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Canada Home Reno Tax Credit - what do you really get back?

I have been reading and searching for info on the Canada Home Renovation Tax Credit (HRTC) and cannot find an answer to my question. Tax credits usually work by applying against your income. IE: If you made $40,000 and you put $1350 into your RRSP you...

Answer:

The tax credit is 15% of the amount paid for renovations (up to $9000, for a maximum tax credit of ...

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