Tag Archive | "Credit"

How Does The $8000 First Time Home Buyer Tax Credit Work For Someone Who Didn’t Owe Anything On Taxes?

Saturday, February 13, 2010

5 Comments

I am in the process of buying my first home, and I am wondering how the $8000 tax credit will help me if at all. I have never owed anything on my taxes, I have always got a refund. Someone told me that if you didn’t owe anything on your taxes that you would actually [...]

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How Does The $8000 First Time Home Buyer Tax Credit Work For Someone Who Didn’t Owe Anything On Taxes?

Saturday, February 6, 2010

3 Comments

I am in the process of buying my first home, and I am wondering how the $8000 tax credit will help me if at all. I have never owed anything on my taxes, I have always got a refund. Someone told me that if you didn’t owe anything on your taxes that you would actually [...]

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How Do I Ammend My Taxes For Hope Credit?

Sunday, December 13, 2009

2 Comments

I filed my taxes for 2007 already. I just recently found out i am eligible for the hope credit so i wanted to ammend my taxes. How do i do that. What form do i use. Is it easy or should i go to a tax place? I do my [...]

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Do I Need To File Taxes Quarterly As An Independant Contractor If I Qualify For The Earned Income Credit?

Saturday, December 5, 2009

5 Comments

I am new to filing as an independant contractor. I read I will need to file quarterly but also saw this on a site: Who Must Pay Estimated Tax If you had a tax liability for 2005, you may have to pay estimated tax for 2006. General Rule You must pay estimated tax for 2006 if both of the [...]

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