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Kiki
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- Posted Re: Earned Income Tax Credit EITC on Deductions & credits. October 9, 2020 2:58 PM
- Cheered Re: Earned Income Tax Credit EITC for Critter-3. October 9, 2020 2:49 PM
- Cheered Re: Earned Income Tax Credit EITC for AmeliesUncle. October 9, 2020 2:49 PM
- Posted Re: Earned Income Tax Credit EITC on Deductions & credits. October 8, 2020 11:36 PM
- Cheered Re: Earned Income Tax Credit EITC for Critter-3. October 8, 2020 11:36 PM
- Posted Earned Income Tax Credit EITC on Deductions & credits. October 8, 2020 4:51 PM
- Got Cheered for Pell Grant and Tax Return. October 7, 2020 9:34 PM
- Posted Re: Calculation 1116 1a (Gross income sources within country shown above) on Deductions & credits. October 6, 2020 12:19 AM
- Cheered Re: Calculation 1116 1a (Gross income sources within country shown above) for rogge1722. October 6, 2020 12:14 AM
- Posted Calculation 1116 1a (Gross income sources within country shown above) on Deductions & credits. October 4, 2020 11:54 AM
- Posted Re: Pell Grant and Tax Return on Get your taxes done using TurboTax. October 4, 2020 10:13 AM
- Cheered Re: Pell Grant and Tax Return for Hal_Al. October 4, 2020 10:01 AM
- Posted Re: Pell Grant and Tax Return on Get your taxes done using TurboTax. October 2, 2020 6:15 PM
- Cheered Re: Pell Grant and Tax Return for Hal_Al. October 2, 2020 5:55 PM
- Cheered Re: Pell Grant and Tax Return for Hal_Al. October 2, 2020 5:55 PM
- Cheered Re: Self Employment? How should I report in tax return 1040? for Carl. October 2, 2020 1:46 PM
- Posted Re: Questions in form 3520 on Get your taxes done using TurboTax. October 2, 2020 1:40 PM
- Posted Re: Pell Grant and Tax Return on Get your taxes done using TurboTax. October 2, 2020 1:17 PM
- Posted Pell Grant and Tax Return on Get your taxes done using TurboTax. September 29, 2020 8:13 PM
- Posted Questions in form 3520 on Get your taxes done using TurboTax. September 29, 2020 3:42 PM
October 9, 2020
2:58 PM
Thank you very much for all who spent time and replied to my question. Wow! especially, to AmeliesUncle, I want to say bunch of Thank you! The best in best!
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October 8, 2020
11:36 PM
Gross income $7000 Real estate tax I paid $700 The bottom of Sch E is $6300 So, this income $6300 is supposed to include for calculation for the limitation of EITC? Then, I am not supposed to get any EITC?! If so, I don't understand why TT software still shows I get $3060 EITC credit?!
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October 8, 2020
4:51 PM
I have a bare land renting out in my home country. I own the land directly which was inheritance after my mother passed away. The rent income was $6300 in 2019. This income counts on Investing income, or not? Turbo Tax shows I get $3060 EITC at the end after I entered the entire of my other information. I am very confused now because the IRS checklist says if you have " Investing income more then $3600 " you are not qualified for EITC. So, the point I want to know is that this rent income is investing income or not in the IRS definition. Am I eligible to get EITC? I want to make sure to not get into any trouble. If this counts as investing income and I am not eligible for EITC, how can I fix it in TT software? Any answer would be appreciated. Thank you very much.
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October 6, 2020
12:19 AM
Dear. rogge 1722 Thank you very much for your details guidance. I really appreciate it. I will work to get done by following your guidance this afternoon. I might have another question but I just want to say "Thank you very much" to you now!
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October 4, 2020
11:54 AM
For Form 1116 1a. Gross income sources within country shown above; Sold Mutual Fund: LOSS $5000 (Sales Price $30000, Cost basis $35000) Dividend income : $500 Interest income : $1000 Question 1 Number in 1a) should be $ 31500 (Sales price 30000+500+1000) ? OR $ - 3500 (-5000+500+1000) ? Question 2 I also have $2000 income to rent land out, but $0 taxed due to exemption under the country rules. Should this income be included in 1a even No foreign tax involved on this income? I would really appreciate if someone helps me.
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October 4, 2020
10:13 AM
Thank you very much!
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October 2, 2020
6:15 PM
Sorry but another question just came to my mind. When I decide to file my own tax return to get Fed Withholding tax from W2, I check box Someone can claim me as a dependent, and My mother claim me as her dependent in her tax return. Should Taxable Part of Pell Grant I received be reported in my own tax return? In my mother's return? Or in both? I would really appreciate if you can help me to understand.
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October 2, 2020
1:40 PM
Thank you very much for your reply. I really appreciate it. Another question, The First page, Section 2, 3, 4 can be left Blank, and Skip to Part IV ? Since my mother was just a individual person, I just need to fill out Section 1 for my information on the first page? Or, do I need to fill out Section 2 to report my mother's information? If I don't need to fill out Section 2, 3, 4 in the First Page on the form 3520, there is nowhere to report my mother's (deceased person) information that makes me wonder and I want to make sure. Thank you very much again.
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October 2, 2020
1:17 PM
Thank you for your answers, guys! I really appreciate them. Another question just came to my mind. My mother is going to claim me as her dependent in her tax return. Can I still get fed tax withheld in my W2 by filling my own tax return for purpose to get refund it only? If so, I just check on SOMEONE CAN CLAIM YOU AS A DEPENDENT on the first page of 1040 in my return? Am I understanding correctly? Thank you again.
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September 29, 2020
8:13 PM
1 Cheer
In 2019, I got Pell Grant $5000, used $600 for books. My income from W2 was $2800. Total of my taxable income is $7000 (5000-600+2800). Do I still need to file Tax Return even my income is less than $12200 of Standard Deduction?
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