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  #4  
Old 01-29-2008, 10:20 PM
Taxmanhog
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Default Re: Another Tax Rebate Question

- quote -

> "Bob Sandler" wrote..
> How would they know which dependents are adults?


SSA Database

- quote -

> Date of birth is not on the tax return. Does the IRS match to the
> Social Security database to get the age of dependents?


YES

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #3  
Old 01-29-2008, 04:19 AM
William Brenner
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Default Re: Another Tax Rebate Question

Bob Sandler wrote:
- quote -

> > > It's supposed to be based on 2007 return data, and it seems they'll look at
> > > where the kids name and SSN appear as "dependent".
> > > > Divorce situation aside, will the $300 rebate apply to qualifying

> > _adult_ dependent children?

> How would they know which dependents are adults? Date of
> birth is not on the tax return. Does the IRS match to the
> Social Security database to get the age of dependents?

I have seen elsewhere that the child rebate is for children "under 17".
I guess that answers my question.

Given the differences in the Senate version, the whole thing might well
explode. Or, might the Dems be attempting to force a veto?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #2  
Old 01-29-2008, 02:35 AM
Bob Sandler
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Default Re: Another Tax Rebate Question

- quote -

> > It's supposed to be based on 2007 return data, and it seems they'll look at
> > where the kids name and SSN appear as "dependent".
> > Divorce situation aside, will the $300 rebate apply to qualifying

> _adult_ dependent children?


How would they know which dependents are adults? Date of
birth is not on the tax return. Does the IRS match to the
Social Security database to get the age of dependents?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #1  
Old 01-28-2008, 06:37 PM
William Brenner
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Posts: n/a
Default Re: Another Tax Rebate Question

Paul Thomas, CPA wrote:
- quote -

> "John D. Goulden" <jgoulden[at]okcu.edu> wrote
> > Hmmm, $300 per child. I assume the IRS will go by last year's tax forms.
> > So, how will this be figured for a divorced couple when for tax year 2006
> > the non-custodial parent claims the children for tax purposes (child tax
> > credit, et cetera - with signed 8332) and the custodial parent used the
> > children to claim HH status and EIC?

> It's supposed to be based on 2007 return data, and it seems they'll look at
> where the kids name and SSN appear as "dependent". So one parent claims the
> child (and gets the $300) while the other may be taking HOH, etc. and
> doesn't get any extra.

Divorce situation aside, will the $300 rebate apply to qualifying
_adult_ dependent children?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 
Old 01-28-2008, 03:31 PM
Paul Thomas, CPA
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Default Re: Another Tax Rebate Question


"John D. Goulden" <jgoulden[at]okcu.edu> wrote
- quote -

> Hmmm, $300 per child. I assume the IRS will go by last year's tax forms.
> So, how will this be figured for a divorced couple when for tax year 2006
> the non-custodial parent claims the children for tax purposes (child tax
> credit, et cetera - with signed 8332) and the custodial parent used the
> children to claim HH status and EIC?






It's supposed to be based on 2007 return data, and it seems they'll look at
where the kids name and SSN appear as "dependent". So one parent claims the
child (and gets the $300) while the other may be taking HOH, etc. and
doesn't get any extra.








--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 01-28-2008, 03:24 PM
John D. Goulden
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Posts: n/a
Default Another Tax Rebate Question

Hmmm, $300 per child. I assume the IRS will go by last year's tax forms. So,
how will this be figured for a divorced couple when for tax year 2006 the
non-custodial parent claims the children for tax purposes (child tax credit,
et cetera - with signed 8332) and the custodial parent used the children to
claim HH status and EIC?

--
John D. Goulden

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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