asked
An unmarried couple with children living together wants to know who should be the head of household to result in the least taxes. Both incomes qualify for child tax credits. Should the person with the higher income or the lower income person choose to be head of household to maximize child tax credits? One income is around $40k, the other around $30k, and there are 2 young children at home.
December 12th, 2023
What is the minimum amount one can earn before having to pay taxes?
August 9th, 2023
For a 2017 1099 Misc form, if payment to a vendor for the year was not over $600, do I have to send him a 1099?
July 5th, 2023
Can a wife, who files her Massachusetts state return as Married Filing Separately (MFS) and has a low income compared to her husband's, claim 1, 2, or 3 children as dependents on her MFS state return?
October 20th, 2023
What is the amount in wages required to file a tax return, and can I claim my daughter who made $7442 in wages if I am married?
December 2nd, 2024
Robin, I just found out that this Canadian independent contractor is working out of the USA. What forms are required in this case? Do we need to withhold anything from her pay? Where to report?
July 19th, 2024