nuke'em ttg Posted January 17, 2010 Share Posted January 17, 2010 My Mom is retired 73 years old.....does she have ta file a tax return? Quote Link to comment Share on other sites More sharing options...
BYoder Posted January 17, 2010 Share Posted January 17, 2010 Would need get more information to answer your question but here is a link to the IRS website that should help. Do You Need to File a Federal Income Tax Return? Quote Link to comment Share on other sites More sharing options...
nuke'em ttg Posted January 17, 2010 Author Share Posted January 17, 2010 (edited) Would need get more information to answer your question but here is a link to the IRS website that should help. Do You Need to File a Federal Income Tax Return? Thanks Bill, i'll go over it with'er.....last year they charged her $125.00 and she felt robbed Edited January 17, 2010 by nuke'em ttg Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted January 17, 2010 Share Posted January 17, 2010 Thanks Bill, i'll print that and go over it with'er.....last year they charged her $125.00 and she felt robbed She was. Do her taxes with one of the IRS-approved free online services. Quote Link to comment Share on other sites More sharing options...
nuke'em ttg Posted January 17, 2010 Author Share Posted January 17, 2010 (edited) She was. Do her taxes with one of the IRS-approved free online services. Wow, i can't believe how much ya can get done on the net these days, Thanks Ursa...this will give us somethun ta do tagether and break up her day if we have to, i'll check that 1st Edited January 17, 2010 by nuke'em ttg Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted January 17, 2010 Share Posted January 17, 2010 (edited) Wow, i can't believe how much ya can get done on the net these days, Thanks Ursa...this will give us somethun ta do tagether and break up her day You'd have to pay for State but you could most likely do that in 30 minutes by hand instead. Edit: She is likely due a refund - see the reference BYoder posted. Edited January 17, 2010 by Ursa Majoris Quote Link to comment Share on other sites More sharing options...
westvirginia Posted January 18, 2010 Share Posted January 18, 2010 Just as a tip, nuke, if there is ANY question, file a return. While they can only go back on you seven years for an audit, not filing a return can bite you in the ass. It isn't their money, but it IS their pride. A fedgov agent from the IRS is not one you want to screw with. Quote Link to comment Share on other sites More sharing options...
The Holy Roller Posted January 18, 2010 Share Posted January 18, 2010 And don't forget, lying to the IRS is like lyin' to the Devil. Quote Link to comment Share on other sites More sharing options...
nuke'em ttg Posted January 18, 2010 Author Share Posted January 18, 2010 Just as a tip, nuke, if there is ANY question, file a return. While they can only go back on you seven years for an audit, not filing a return can bite you in the ass. It isn't their money, but it IS their pride. A fedgov agent from the IRS is not one you want to screw with. point takin f'n pencil pushers Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted January 18, 2010 Share Posted January 18, 2010 Wouldn't it be nice if you didn't have to ask questions like that? Quote Link to comment Share on other sites More sharing options...
westvirginia Posted January 18, 2010 Share Posted January 18, 2010 Wouldn't it be nice if you didn't have to ask questions like that? Or have a tax that ordinary people could understand? Quote Link to comment Share on other sites More sharing options...
nuke'em ttg Posted January 18, 2010 Author Share Posted January 18, 2010 Wouldn't it be nice if you didn't have to ask questions like that? no chit...i read the question about some 73 yr. old woman havin ta pay taxes and i'm like Dude are ya retarded ......what a crock still dealin with that chit at that age Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted January 18, 2010 Share Posted January 18, 2010 Or have a tax that ordinary people could understand? Takes me about an hour to finish mine. Most people's aren't that complicated. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted January 18, 2010 Share Posted January 18, 2010 Takes me about an hour to finish mine. Most people's aren't that complicated. You've seen more than enough evidence of the intelligence of the electorate. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted January 18, 2010 Share Posted January 18, 2010 You've seen more than enough evidence of the intelligence of the electorate. I can't help that education went in the crapper decades ago. Quote Link to comment Share on other sites More sharing options...
NAUgrad Posted January 18, 2010 Share Posted January 18, 2010 Good post and I have a question as well. My wife and I usually file jointly. However, this year she has her own company. Can we still file jointly and have her file her business tax return separately, or should we file her bus. tax return, figure out her income based on that, then file jointly? I think the later makes the most sense, but I'm not sure. Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted January 18, 2010 Share Posted January 18, 2010 Or have a tax that ordinary people could understand? + infinity and applied equally without loopholes and tax shelters . . Quote Link to comment Share on other sites More sharing options...
westvirginia Posted January 18, 2010 Share Posted January 18, 2010 Good post and I have a question as well. My wife and I usually file jointly. However, this year she has her own company. Can we still file jointly and have her file her business tax return separately, or should we file her bus. tax return, figure out her income based on that, then file jointly? I think the later makes the most sense, but I'm not sure. Is her business a sole proprietorship/partnership or set up as a corp (or s-corp)? Quote Link to comment Share on other sites More sharing options...
Sugar Magnolia Posted January 18, 2010 Share Posted January 18, 2010 Some senior centers have volunteers who fill out tax returns for seniors at no charge. My brother-in-law does this, even in his small town in MI of only around 10,000 year around residents (Luddington, MI). Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted January 18, 2010 Share Posted January 18, 2010 Or have a tax that ordinary people could understand? + infinity and applied equally without loopholes and tax shelters . . That is all I've ever asked for with regard to taxes. Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted January 18, 2010 Share Posted January 18, 2010 That is all I've ever asked for with regard to taxes. I would comment, but I might be "on a high horse". Quote Link to comment Share on other sites More sharing options...
yo mama Posted January 18, 2010 Share Posted January 18, 2010 And don't forget, lying to the IRS is like lyin' to the Devil. They're both rape you to death if they find out you've lied to them? Quote Link to comment Share on other sites More sharing options...
NAUgrad Posted January 19, 2010 Share Posted January 19, 2010 Is her business a sole proprietorship/partnership or set up as a corp (or s-corp)? It's an LLC Quote Link to comment Share on other sites More sharing options...
BYoder Posted January 20, 2010 Share Posted January 20, 2010 Good post and I have a question as well. My wife and I usually file jointly. However, this year she has her own company. Can we still file jointly and have her file her business tax return separately, or should we file her bus. tax return, figure out her income based on that, then file jointly? I think the later makes the most sense, but I'm not sure. It's an LLC Is she a single-member LLC? If so, just file schedule C for her business on your personal tax return. No separate return would be required. If she has a partner they will need to file form 1065 and then she will receive a K-1 with her share of the income. Once you receive the K-1 you can finish your personal return. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted January 20, 2010 Share Posted January 20, 2010 Is she a single-member LLC? If so, just file schedule C for her business on your personal tax return. No separate return would be required.If she has a partner they will need to file form 1065 and then she will receive a K-1 with her share of the income. Once you receive the K-1 you can finish your personal return. Right - NAU, listen to yoder. I'm an accountant but taxes aren't my strong suit (I'm more systems guy/tech weenie). Yoder, OTOH, is a CPA if memory serves and lives and breathes taxes. Quote Link to comment Share on other sites More sharing options...
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