My only income was FIP grant from the state (cash assistance) for me and my son. Do I have to file
taxes and or can I file taxes to recieve EIC?
i'm unfamiliar w/ that. if there's no x-tra then i wouldn't think filing taxes would b necessary, b/c there's just no x-tra $$$ there, like ssi & other incomes like it. i'd wait it out. if the irs contacts u, then speak w/ them. ssi earns only 674. if u don't get that much, then no i wouldn't file (if it's only monthly) fixed income from the govt isn't even taxable b/c there's barely enough 2 survive
You will not qualify for the EIC, as that is only available to those who earn the tax credit by working.
Go to this website:
http://www.irs.gov/individuals/article/ … 23,00.html
And answer the questions...it will tell you if you must file federal taxes, direct from the IRS.
Good luck.
by Tony Lawrence 12 years ago
Is nobody going to call Peter Schiff on his "I pay 50% tax" crap?Recently, Peter Schiff marched into OWS and confronted demonstrators, claiming that he pays 50% of his income to taxes. Unfortunately, the OWS folks did not respond intelligently (at least the ones I saw). They...
by Alex J. Reissig 11 years ago
Would you support a flat 15% income tax?Would you support a flat 15% income tax in this country? Other than a personal deduction (possibly in the neighborhood of 25k per individual/50k per couple) there would be no deductions.
by ga anderson 7 years ago
First, a little housekeeping;Recent comments by Wilderness and Live to Learn prompted me to refer to an old thread by My Esoteric.The motivating comments related to what a "Fair" taxation structure should be.I now believe that out current 'progressive' income tax structure is one that at...
by Nickny79 15 years ago
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by Keith Schroeder 12 years ago
I'll be happy to answer them. I have practiced in the tax field for 27 years and enjoy helping others resolve tax issues. If the question requires a large answer I will create a hub page.
by Jesusjohn78 4 years ago
Everyone hates the "rich" and I do not understand why. I was always under the impression the American dream was to become successful and stay successful? SO why are we always trying to punish the rich?
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