Archive for the ‘File Tax Return’ Category
file tax return and When do I have to file tax return? And how much income necessitates filing it?
file tax return:
Question by SFNDX: When do I have to file tax return? And how much income necessitates filing it?
(To US residents only)(I am from NY)
1. WHat is the amount of income which requires filing tax return? Is it yearly?
2. Is the income year counted from Jan to Dec?
3. When is to file it? What is the benefit for filing it?
4. I earned roughly 1000 dollars last year. Do I have to file tax return for that year?
Best answer:
Answer by pisceanwillow
1. $ 600.00, I believe.
2. Yes
3. Before April 15. You may get a refund. If you don’t file, you can be sent to prison eventually.
4. Yes.
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I did not file income tax return for the past 10 years?
file tax return:
Question by Chu K: I did not file income tax return for the past 10 years?
I am an USA citizen (California resident). I moved to Taiwan 10 years ago to teach English. In the past 10 years, I file tax return in Taiwan, but I thought I don’t need to file tax return in USA and California. I earn approx. US$ 30,000 every year. Now I am applying green card for my wife. The embassy here ask me to file tax return for year 2005. My questions are:
1. Do I need to file income tax return (Fed and CA) for the past 10 years now?
2. Would I be penalized for not filing in the past?
3. Is private tutor income qualified for foreign earned income credit? If my students did not give me invoice, what kind of supporting document is needed?
Best answer:
Answer by bostonianinmo
I’d strongly suggest that you consult with a CPA or tax attorney. Among other things, you must file a timely return to claim the foreign earned income exclusion. You may well be penalized for late filing and payment of any taxes due. Those tax years are all still open and need to be closed. As I said, you need professional help and you need it quickly.
Know better? Leave your own answer in the comments!
