Tax Question ?

vinnie

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Can I file a separate tax return for a minor with investment income only & no job related income ?


The little bastard is pushing me up the tax bracket :s1:
 

MadJack

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Can I file a separate tax return for a minor with investment income only & no job related income ?


The little bastard is pushing me up the tax bracket :s1:

just don't report 40% of your income :shrug:
 

hedgehog

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Can I file a separate tax return for a minor with investment income only & no job related income ?


The little bastard is pushing me up the tax bracket :s1:

I have to file separate taxes for my daughter she is 3, she earned more than 1,400 in 2008. so I owe taxes over 1,400 at my tax rate, so my answer to your question is how much did your little one make? over 1,400 then yes below I do not think you have to file taxes for them
 

BADTODABONE

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What's a person to do when the 'company' failed and no forms sent to 'said' former employee's....I have a friend that wants to know :mj07:
 

vinnie

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Ziggy? :shrug:

He had a good year :mj07:

I have to file separate taxes for my daughter she is 3, she earned more than 1,400 in 2008. so I owe taxes over 1,400 at my tax rate, so my answer to your question is how much did your little one make? over 1,400 then yes below I do not think you have to file taxes for them

it's over but I want to know if I can file a separate return :shrug: I don't want any more income on my return :sadwave:
 

hedgehog

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He had a good year :mj07:



it's over but I want to know if I can file a separate return :shrug: I don't want any more income on my return :sadwave:

no, I don't think so, it is related to your income if you claim them as a dependent I believe, you might want to ask a CPA though, luckily I have one that does my taxes every year.
 

znine_7

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Former IRS agent Sherry Peel Jackson knows a thing or two about the IRS. She says none of us owe income tax at all. :shrug: I pay every year just in case.....plus, she was thrown in jail for not paying her taxes :mj07:

Interesting listen though.....
http://www.youtube.com/watch?v=c1jqLximBZI


Sorry for the hijack.....good luck
 
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