Child Tax Credit Return [creditdiagnosis]

Child Tax Credit Return [creditdiagnosis]

Question by : what u think La Raza to fight Congress on proposed law closing child tax credit for illegals? Behind the scenes, National Council of La Raza continues its work to protect illegal immigrants from U.S. tax law. While the U.S. taxpayers are on the hook for $ 15 trillion of debt, La Raza would like to give illegals up to $ 1,800 in tax credits. “In order to extend the payroll tax holiday, Congress is considering a policy this week that will devastate over five million children in immigrant families across the country by eliminating the Child Tax Credit for households who pay taxes with an Individual Tax Identification Number,” said Ali Noorani, National Immigration Forum for La Raza. La Raza contends that Congress’ proposed new legislation will force illegal immigrants to pay $ 1,800 in taxes. The reality of the tax-credit loophole means most of these low-income earners will not pay more in taxes, but they will not get a refund check from the IRS. According to the Internal Revenue Service (IRS), they issue “Individual Tax Identification Numbers (ITIN) to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain a Social Security Number (SSN) from the Social Security Administration (SSA). ITINs are for federal tax reporting only, and are not intended to serve any other purpose." http://www.examiner.com/county-political-buzz-in-san-diego/la-raza-to-fight-congress-on-proposed-law-closing-child-tax-credit-for-illegals?CID=examiner_alerts_article Best answer for what u think La Raza to fight Congress on proposed law closing child tax credit for illegals?:

Answer by mizzshopper2
What does LaRaza have anything to do with America? They're over here protesting like we're talking about Americans instead of illegals. Deport illegals!

Answer by Maricopa County
Activists said it here a billion times, illegals do not get tax refunds, guess La Raza cleared it up they do Foofa The number of illegals that file tax returns is so infinitesimally small that it hardly matters. And you are being personally told by the IRS how many illegals file tax refunds ? They file tax refunds using stolen documents, I guess citizens do matter, only what is in the best interest of illegals.

Answer by Foofa
The number of illegals that file tax returns is so infinitesimally small that it hardly matters. The majority of those that do do not earn enough to owe taxes and only do it for the credits. This policy change would only reduce the number of people filing using ITINs. If La Raza is championing this cause it is just another example of pitting poor US citizen Latinos against illegal aliens. After all, it isn't the wealthy neighborhoods and school districts that suffer when there are tax shortfalls. They are only hurting the very people they purport to want to help.

Answer by MICHAEL R
Illegals deserve NO economic, or other benefits other than a fast ride deeply south of the American border. They are a leach on the American economy.

[child tax credit forums]

Recovery Rebate Credit - Public Service Announcement from IRS, courtesy of the NAD. The Recovery Rebate Credit is for those who didn't receive the Economic Stimulus Payment last year. It's also for people who are eligible for more money because of a new child or a change in income in 2008. For more information, go to www.irs.gov

http://leafgardenpress.com/ IRS TAX TIPS: Recovery Rebate Credit (ASL, CAPTIONS, & AUDIO)

Ex-church school admin faces child porn charges. NORTHGLENN - A former private Christian ... DENVER (AP) - A review of business tax credits designed to boost economies in distressed areas is getting under way. A group created by the Legislature this ... Review of Colo. business tax credit program begins

The Child Tax Credit can be important for parents as they try to save money for school supplies and other essential items. The tax credit can particularly come in handy when you are a single mother or father. When filing a U.S. Tax Return, it can be helpful to itemize some of the expenses that it takes to raise a child as proof that you are indeed able to claim the child as a dependent.

There are some basic rules that are tied to the Child Tax Credit. Your child has to be under seventeen years of age. If they happen to be disabled and over the age of seventeen then you are dealing with an entirely different set of rules; it is a good idea to speak to your CPA about this. Your tax bill can be lessened greatly, depending upon how many children under the age of seventeen you may have. Some parents have been able to reduce their tax bill by one thousand dollars for each child they happen to be claiming as a dependent. You can also claim children that you have adopted of course as well. The child does not have to be a birth child, a CPA will tell you that you can claim children who have been awarded to you in a legal proceeding.

A child must have lived with you for over half of a calendar year in order for you to be able to claim the child. The child has to either be a U.S. citizen or at least a U.S. national with a valid Social Security number. If for some reason the child does not have a Social Security number yet, you will not be able to claim them on your Tax Return until they get one.

A Certified Public Accountant should be able to explain to you what exactly this would do to your federal tax return. You need to make sure that you are applying the credit to an accurate number of children if you happen to be doing your own return and using your own Free Tax Return Calculator. The refund that you get does need to be accurate, it is for your own financial well being.
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