How much income is needed to be able to file income tax in IL?
I made close to $4,000 last year and I have two dependents and I was wondering is it enough to file income tax and if so, what is the estimated amount I may get back? Thanks.
Archive for July 12th, 2010
what is the income you have to be below in order not to file taxes?
my mom gets her social security check plus 2 others. her and my dad never had to file income taxes cause their income was too low. i just need to reck hers and make sure she doesnt need to file income tax. my dad died last year.
What income threshold is there for private high school financial aid?
Our son is applying to private high schools in our city, which has a very high cost of living. The private school that he attends now has families who appear to be pretty well off who are receiving financial aid. Is there an income level above which you just shouldn't bother applying? The whole process is mystifying, but with high school tuition here nearing $30k per year, we feel like we need help even with our relatively high income.
What is the procedure to submit income tax?
I am employed in an UGC recognized state govt aided college. This is the first time I am subjected to income tax deduction and I would like to get my doubts clarified regarding it. First, is it compulsory for the college authority to deduct the income tax considering all kinds of income (salary, fixed deposit, bank interest) or can I submit the income tax through my personal tax consultant? What if I make mistake in calculating my income tax (more or less than the actual amount)? Second, when is form no. 16 required in the process?