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Old 01-29-2011, 06:10 AM
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Exclamation Injured spouse Help please!

I am having a really heard time trying to figure out how to file my taxes, and I have several issues.

1. My husband owes back child support to ex wife. (Is on offset list)
2. I am the only source of income.
3. I get paid cash to provide home care for an elderly couple.

Q: where do I imput my 13,678.00 income on my return? (I don't have any forms)

We qualify for the first time homebuyer credit, but the FHA/HUD loan is only in his name.

Q: When i file injured spouse, will I get a portion of this credit, or will it all go to his child support since the loan is in his name only?

I have 3 small children whom are my dependants.

Q: Since I get paid in cash, will I recieve the $1000.00 per child credit?

With all of these things in consideration, would I be able to get the 15 day anticipation loan from H&R Block?

Please help, I am soo confused, and it is fraying my nerves, all responses are soo much appreciated.



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Old 01-29-2011, 12:54 PM
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Sorry, we cannot email you the answer! The answer would be made on this board!

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Old 01-29-2011, 03:52 PM
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“Q: where do I imput my 13,678.00 income on my return? (I don't have any forms)”---->If you don’t get your 1099-MISC Form, then you report your income as a sole proprietorship that is a business owned and operated by one person; you should report your income on SCh C or Sch C-EZ and need to pay your self-employment taxes if the amount on Sch SE line 4 is $400 or exceeds $400.This income is subject to SE tax at 15.3% If you are filing as a sole proprietor or a self-employed individual, you generally have to make estimated tax payments if you expect to owe tax of $1,000 or more when you file your return. However, You do not have to pay estimated tax for the current year if you meet all three of the following conditions. If you had no tax liability for the prior year, You were a U.S. citizen or resident for the whole year,Your prior tax year covered a 12 month period.
Please visit eh IRS website for further info here; Self-Employment Tax (Social Security and Medicare Taxes)
Estimated Taxes
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf

“We qualify for the first time homebuyer credit, but the FHA/HUD loan is only in his name.”----> Your name was on the closing statement( your name in on the deed), then you qualify.
“Q: When i file injured spouse, will I get a portion of this credit, or will it all go to his child support since the loan is in his name only?”-----> The first time hom ebuyer’s credit is subject to all offsets, so yes, if he owes child support it will go there. If you file an injured spouse form, you could get half of it. If you choose, you can file Form 8379 with the tax return on which the credit is claimed.

“Q: Since I get paid in cash, will I recieve the $1000.00 per child credit?”----->Yes. You can. You should file your return regardless of getting paid in cash; if you satisfy the requirements required for child tax credit. For example, The children must be under the age 17 by December 31 of the calendar year in which your tax year begins, You and the children must have the same principle place of abode for more than half of the year, or I guess The children may not have provided over half of their own support for the calendar year in which your tax year begins.
“With all of these things in consideration, would I be able to get the 15 day anticipation loan from H&R Block?”---->I am not sure; I guess you need to contact loan councilor or agent.



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