Sentences with phrase «n't file a joint return»

To qualify as either one, the child generally can't file a joint return with a spouse.
A married child won't meet the requirements to be a qualifying child or qualifying relative unless the child doesn't file a joint return or, if filing a joint return, only does so to get a refund of income taxes withheld or estimated tax paid.
If you can't file a joint return for the year because you're divorced by year - end, you can file as a head of household (and get the benefit of a bigger standard deduction and gentler tax brackets), if you had a dependent living with you for more than half the year, and you paid for more than half of the upkeep for your home.
But only if he or she has no gross income, is not filing a joint return, and was not the dependent of another.
This option is available to children under age 19 (or a full time student under 24) who are not filing a joint return using Form 8814.
You can claim someone as a dependent if they are a United States citizen, do not file a joint return, and meet either the qualifying child test or qualifying relative test, both discussed in IRS Publication 501 and explained below.
Who isn't filing a joint return for 2017 or is filing a joint return for 2017 only to claim a refund of withheld income tax or estimated tax paid (see Pub.
You must not file a joint return unless you're only filing to claim a refund of withholding and / or estimated taxes paid.
She's not filing a joint return unless it's only to claim a refund of taxes withheld.
If the 2 people are the child's parents and they don't file a joint return, the individual with whom the child lived longer during the year claims the child.
For parents who don't file a joint return, the following discussions explain which parent's tax return must be used to figure the tax.

Not exact matches

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
If a married couple operates a venture in which each materially participates and they file a joint return, they can opt not to file Form 1065.
While you can contribute to an IRA for a spouse who isn't working (as long as you file a joint tax return), the total contribution for both you and your spouse can't exceed your joint taxable income or double the annual IRA limit, whichever is less.
Take advantage of «age - based» options: For example, tax regulations allow non-working spouses to establish IRA accounts as long as their spouses have earned income, a joint return is filed and the joint income does not exceed $ 190,000.
The same goes for a Roth IRA, as long as your income is not above the limits (the ability to contribute to a Roth IRA starts to phase out at $ 186,000 for 2017 and $ 189,000 in 2018, if you are married and file a joint return.
You can't claim the deduction if your modified adjusted gross income is $ 80,000 or more ($ 165,000 or more if you file a joint return).
If you are married and file a joint return you may be able to contribute to a spousal IRA if you did not have taxable compensation, as long as your spouse did.
Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...
Reginald Johnson, Gjonaj's chief of staff, said the Council member owns property but files a joint tax return with his wife, who is a nurse, and would not qualify for the rebate.
If you and (if married filing a joint tax return) your spouse are not an «active participant» in an employer - sponsored retirement plan (such as a 401 (k)-RRB-, your contributions are fully tax - deductible!
If you file a joint return, you can not amend it to married filing separately status after the tax return due date.
Although the IRS says you don't have to file Form 1310 if you are a surviving spouse filing a joint return, you probably should file the form anyway to head off possible delays.
If you filed a joint return but you were not responsible for your spouse's debt, you may be able to get your portion of the refund.
If you did not change your name with the Social Security Administration before the filing deadline, you can file a joint return with your spouse using your old name (the one that matches your Social Security Number) and then file the SS - 5 before next year's filing season.
If you're married, you can't file a joint gift tax return.
However, by the IRS rules, only one parent may claim a child as a dependent on a tax return, and divorced couples can't file «married, joint» returns.
For example, if your son and his spouse file a joint return because one or both of them had money withheld from their paychecks, but did not make enough to be required to file a return or owe any income taxes, you could still claim your son — and even his wife — if they meet all the other tests.
Unless the total amount given to any one person in any one year exceeds what is called the annual exclusion (currently $ 13,000 for single tax filers and $ 26,000 for married joint filers who choose to split the gift), it does not count as a taxable gift or require a gift tax return to be filed.
Ms Brown writes «Unless the total amount given to any one person in any one year exceeds what is called the annual exclusion (currently $ 13,000 for single tax filers and $ 26,000 for married joint filers who choose to split the gift), it does not count as a taxable gift or require a gift tax return to be filed.
If you're filing a joint return - it will be based on 6013 (g), not 6013 (b).
So don't file a joint tax return or if you are married and filing a joint tax return now, stop doing it.
Paying joint estimated payments does not mean you have to file a joint return.
Also, you can not generally claim a married person as a dependent if they file a joint return with their spouse.
Keep in mind though that the IRS does not require you to be legally married for an entire tax year before filing a joint return.
You can not claim someone who is married and files a joint tax return.
If you are married, and you file a joint return with your spouse, your parents can not claim you as a dependent.
You say, «You can not claim someone who is married and files a joint tax return.
My daughter n law has defaulted on student loans she had prior to marrying my son, needless to say their married filing joint tax return of 7,000 got seized.
The amount that can be contributed for each IRA is limited to the smaller of $ 5500 ($ 6500 for people over 50) and that person's compensation for 2016, but if a joint tax return is filed for 2016, then both can make contributions to their IRAs as long as the sum of the amounts contributed to the IRAs does not exceed the total compensation reported on the joint return.
Couples who are splitting up but not yet divorced before the end of the year have the option of filing a joint return.
But they do not have the option of filing a joint federal return unless they are married.
The federal government doesn't recognize domestic partnerships, so domestic partners must each file a federal tax return as a single person, even if they file a joint state return.
While you can contribute to an IRA for a spouse who isn't working (as long as you file a joint tax return), the total contribution for both you and your spouse can't exceed your joint taxable income or double the annual IRA limit, whichever is less.
The other issue that makes this interesting is that the new Direct Consolidation Loan would payoff the old loans and separate you from your spouse, so you would not be making a new loan with your ex-spouse and according to the application you can apply yourself since you are not filing a joint tax return.
The application says spousal information is not required unless «You file a joint federal income tax return with your spouse and your spouse has eligible loans.»
For 2018, if you are not covered by a retirement plan at work, but your spouse is, and you file a joint tax return, your traditional IRA contribution is fully deductible if your MAGI is $ 189,000 or less.
While most married couples file jointly — approximately 96 percent do each year — a joint return is not always the most beneficial way to boost your refund.
The child did not file a joint tax return with his or her spouse, if married, except only to claim a refund of taxes withheld or estimated taxes paid
If you don't remarry during the year, you can file a joint return or separate returns.
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