The IRS Audit Blog

Posts Tagged ‘federal’

Question: i need help with one of the questions on fafsa form?

i need help with the following question

the thing is that my parents taxes are different. the form is actually a tax return transcript so everything is just listed without line numbers.
when they are asking for parents income tax for 2008 do they mean the taxable income?????

Enter the amount of your parents’ income tax for 2008 (question 87):
This information may be on the following forms:

IRS Form 1040 – line 56;
1040A – line 35; or
1040EZ – line 11.

Answer: No, not taxable income, the amount of tax the IRS charged your parents in 2008 or the amount of tax your parents paid in 2008. Usually this is the same amount.

Community Calendar

The Proviso Herald welcomes items for the Community Calendar as well as for columns including Business Briefs, Campus s, Community Briefs, School Digest and smakers. Items must be received a minimum of 10 days prior to publication; earlier is better.

Boyd County Convenience Store Robbed

Investigators say the man entered the Clark’s Pump-N-Shop near Catlettsburg just before 10:00 p.m. Tuesday and demanded money.

Scientology and the IRS … FIRST AMENDMENT VIOLATION

Question: IRS direct deposit information?

Do I have to wait until my next tax returns to sign up for direct deposit?

Answer: Yes. Just file your 2008 return starting in January and fill out the info on the return that indicates direct deposit. They ask the usual questions about routing number and bank account number.

IRS advises filers to know preparers

beverlyford@ddtonline.com

IRS TAX TIPS: TOP RETURN MISTAKES (ASL, CAPTIONS & AUDIO)

Question: department of education took my taxes????!!!!!!!?

the department of education took my taxes, and ive read so much saying there is nothing i can do…i read a post a girl wrote and she said “file a hardship claim with both the collection agency and the IRS, as well as a dispute”… does anyone know what this means or what the outcome is? the department of education told me had i made ONE more payment i would have been free and clear….i asked why no one told me that they simply said ” we dont offer that information unless you ask” pffffft come one payment after payment after payment after payment, i find it hard that there is nothing i can do, considering i pay every month on time. not to mention it was my husband that has the student loan debt that we continue to pay back. any response is greatly appreciated. thank you

Answer: Uh, if the loan had always been paid on time, it wouldn’t be in default status and the refund wouldn’t have been taken. Sounds like he had been in default and you were now trying to get back current which takes something like a year of on time payments to do, and hadn’t reached that yet. If you keep paying on time for what he owes, then next year you won’t have a problem.

If it’s your husband’s debt, you could file an injured spouse form and get back whatever part of the refund is due to your own income and withholding.

Good luck.

DOJ Sues Tennessee Man Over Bogus Tax Suits

The Justice Department is suing a Tennessee man for allegedly promoting a nationwide scheme of frivolous, pre-packaged suits against the federal government that seek damages for individuals who owe thousands to millions of dollars in income tax. The suit claims the alleged mastermind of the scheme, George K. Pragovich, helped customers from at least 35 states file more than 200 suits in federal …

IRS and Taxes

Tax season opens today: Here’s how to get started

Early tax filers could see returns in 2 weeks, IRS says Billions of dollars waiting to be claimed. Free help with the paperwork. Online tools to make it simple. Why wait to start your taxes?

Tax Tips: Free File and Fillable Form – January 2010 (ASL, Captions & Voice-over)