Many of you have sent in questions to “ask the taxgirl” regarding tax planning and how to maximize your tax savings on your 2009 returns. Clearly, this is something that there’s a lot of concern about. These are great questions and I will be addressing those a bit after Tax Day!
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
Taxpayer asks: I was wrongfully fired off of assumptions. It’s a small family owned business. They used to pay me under the table. What are the steps/where do I turn to, to have them caught red handed for paying under the table? taxgirl says: This is one of those questions that is difficult to answer…
Taxpayer asks: The 1099-INT instructions state, payers of interest of $10 or more are required to furnish you and the IRS with this tax information. The IRS is notified of all interest paid by financial institutions on magnetic media, but financial institutions only report interest of $10 or more. I have seen some sites state,…
Taxpayer asks: Hi TaxGirl, Great website. You have put together a stunning resource. I really have enjoyed looking around! I have a brief question. I am 23, have a job, and live on my own. I went ahead and filed a federal return in February claiming myself as a dependent. I received a tax refund…
Taxpayer asks: Hello. You answered a question asking whether private school tuition was deductible. Our daughter is enrolled in full-day kindergarten at a public school in which we pay tuition. Any luck with deducting this? I mean, they are double-dipping in our wallets with this one. Thanks! Taxgirl says: I say that the same analysis…
Taxpayer asks: I am serving in the military in Hawaii. My wife is not a US citizen and she has an ITIN number. I’ve read on the internet, including on your blog, that I will not qualify for the stimulus check because she is not a citizen. But my CO says I will. Who is…
Taxpayer asks: Hi, I’m very disorganized and still haven’t filed my 2007 taxes (as of March 2009!). I’m planning to file in April 2009. Of course, I did not receive an Economic Stimulus Payment in 2008. I’m single, and I definitely have taxable income and will owe taxes. Will I be eligible for the Recovery…
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Hey
thanks for that information
i will look forward to your answers