Thursday, May 13, 2010

Does a single parent who only worked about one month in 2009 still get a tax refund in 2010?

Yes, you'll get something. You probably qualify for some amount of the Earned Income Credit. Not much, but still. Also, if you paid anything in, you'll get it all back, considering you have a child.Does a single parent who only worked about one month in 2009 still get a tax refund in 2010?
YOu can file regardless of how much you made. However, if you are a single parent, you may be eligible for Earned INcome Credit and other credits if you qualify. Filing is for the purpose of a refund basically. Yet we all have taxes withheld from our pay by filling out a W-4, which is turned in to the IRS. This is how they keep up with dead-beat parents who wish to skip out on paying their support. So if you do not have a tax liability then any credits will be added onto your return and possibly allow for you to get a refund even though your income was low. No you do not count child support as income, nor does the parent who pays it count it. Alimony is a different matter. Nor does welfare payments count as income.





For example, in 2008, if you earned $2,000 but less than $2,025 and you are filing head of household(meaning you have a dependent(s), then your tax on that $2,000 would be $201. This would be the amount that is withheld from your check during that month. If you did not pay in that much for whatever reason, you would owe the IRS unless you have credits like the ones I mentioned previously.


I hope this helps.Does a single parent who only worked about one month in 2009 still get a tax refund in 2010?
Most likely. You'll receive a refund of the income taxes that were withheld unless this was a VERY high paying job. You'll also most likely be eligible to claim the EIC and possibly the Additional Child Tax Credit if you earned enough in that month.
If you had more taxes withheld from your pay by your employer than you actually owe, then yes, you'll get the extra withholding back from the IRS in the form of a refund.
if you had earned income, you should be entitled to earned income credit and child care credits.
Depending on how much they made in that month, they very possibly would, but unless they were highly paid it would be a lot less than if they worked all year.

No comments:

Post a Comment