Comments on: The Truth About Healthcare Reform http://blog.turbotax.intuit.com/2013/01/25/the-truth-about-healthcare-reform/ It's all about the refund Tue, 21 May 2013 20:45:12 +0000 hourly 1 http://wordpress.com/ By: Jose Luis http://blog.turbotax.intuit.com/2013/01/25/the-truth-about-healthcare-reform/#comment-47457 Fri, 29 Mar 2013 19:45:01 +0000 http://blog.turbotax.intuit.com/?p=12832#comment-47457 WICH FORM SHOULD I USE FOR CLAIM MY RACING HORSES?

]]> By: Lanette Wackerle http://blog.turbotax.intuit.com/2013/01/25/the-truth-about-healthcare-reform/#comment-38233 Mon, 28 Jan 2013 17:35:22 +0000 http://blog.turbotax.intuit.com/?p=12832#comment-38233 Lisa; Both the Social Security and the disiblity money has both my name as Payee and the Girls name as beneficiaries. They have no taxes taken out of the checks. That’s why I’m puzzled about who claims what. My only income is caregiving which also is not taxed…only Union Dues are taken out. That is why I only file Property Tax and Heating Tax Credit. I did go to the sight you gave me and read page 4 like you said…and it only confused me more.

]]> By: TurboTaxLisa http://blog.turbotax.intuit.com/2013/01/25/the-truth-about-healthcare-reform/#comment-38188 Mon, 28 Jan 2013 11:11:38 +0000 http://blog.turbotax.intuit.com/?p=12832#comment-38188 Hi Lanette,
I’m sorry you didn’t receive your answer. I remember answering your comment. If you have legal right to receive the benefits and the checks are made out to you, you may have to include part of the benefits with your other income to see if it is taxable.

One-half of the part that belongs to your child must be added to your child’s other income to see whether any of benefits are taxable to your child.

TurboTax software will help you and ask you the appropriate questions to figure out if any of the income is taxable to you. Also, don’t forget if you have further questions, you can speak with our tax experts for free at 1.800.4.intuit.

Also, please see IRS publication 915 under who is taxed on page 4 http://www.irs.gov/pub/irs-pdf/p915.pdf

I hope this helped you.
Thank you,
Lisa Greene-Lewis

]]> By: Lanette Wackerle http://blog.turbotax.intuit.com/2013/01/25/the-truth-about-healthcare-reform/#comment-38059 Fri, 25 Jan 2013 18:58:22 +0000 http://blog.turbotax.intuit.com/?p=12832#comment-38059 I have still not gotten any answer that even comes close to my question.
I file property and heating tax cedit only.
I have two Daughters with dibilities.
They recieve SS and Disibilty monthly plus they both work.
I being the Payee and them being the beneficiaries of what they recieve from the State…who’s tax form do I put that income on…mine or theirs.

]]>