Question: How much will my stimulus payment be? All tax info is included. Need help with IRS calculator?
I don't get the online calculator because I didn't use any of the IRS forms, I filed online through HR Block. My main question is the about the amount of child tax credit that it asks you to enter. Is that the initial child tax credit or that plus the additional child tax credit combined? That makes a 600 dollar difference in the amount the calculator tells me I am going to receive. Child tax credit is 383 and the additional child tax credit is 1617. I am not sure which one they are asking for. All of my info is below, please let me know which amount I am to enter and how much that means I'll get back if possible. My spouse did not work in 07 and I have 2 dependents. Thanks for your help.
Total income: 28,144
Standard deductions: 10,700
Total Deductions: 24,300
Taxable income: 3,844
Income Tax/ Tax Before Credits: 383
Child Tax Credit: 383
Federal Withholding: 102
Additional Child Tax Credit: 1,617
Total Payments: 4,174
Answer: Your rebate will be $383 plus $300 for child.
The rebate payment is equal the amount of tax liability on the return (tax liability on the return Form 1040 line 46 or Form 1040A line 28) with a minimum amount of $300 and a maximum amount of $600 for individuals.
For information on stimulus tax rebate read: http://taxipay.blogspot.com/2008/04/list-of-articles.html
PassKey Registered Tax Return Preparer Workbook: Three Complete IRS RTRP Practice Exams, 2013-2014 Edition
PassKey’s RTRP Review Workbook features three full sample exams to accompany the PassKey RTRP Review study guide for 2013-2014. This workbook is for use for the exam testing season through March 30, 2014. You’ll be able to test yourself on a total of 360 questions with detailed answers that are clearly explained in the answer section in the back of the book. This workbook will help you study ...
Get Organized!: Using the Internet to simplify your life in 10 easy steps (AOL)
Get Organized helps you make the most of your work, home, family, health, finances, even your love life. Want to find a new job? This guide will show you. Written in a friendly, easy-to-understand style and packed with useful tips, websites and shortcuts, Get Organized will help you discover the best of AOL and the World Wide Web. Open the book and discover how to: Communicate instantly with fr...
Shopping & Travel: Safe and easy booking, buying and bargains online (AOL)
Shopping and Travel puts the world at your fingertips. Want to save money on your next car? Or find cheap tickets for a family holiday? This guide will show you. Written in a friendly, easy-to-understand style and packed with useful tips, websites, and shortcuts, Shopping and travel will help you discover the best of AOL and the World Wide Web. Open the book and discover how to: Save money by f...
Smart phones: Learning how to be Incredible
To all the people to whom I haven't talked in a gazillion yearsbut who I accidentally called recently at ridiculously late hoursbecause I happened to be fooling around with a new high-techdigital device known as my phone, my apologies.