How to File a Tax Return for an Incompetent Person
If you need to file a tax return for an incompetent person, you'll need to take a number of considerations into account before you begin. For example, you may only sign a person's name if you are legally authorized to do so. You must be his or her spouse and/or legal guardian (see References 1). No matter your situation, you need determine which form or forms to use and the source or sources of the person's income.
Instructions
- 1
Determine the source of the incompetent person's income. Is he or she the beneficiary of a trust or estate? Alternatively, does he or she receive Social Security benefits or a disability pension? The form or forms you'll need to use will vary depending on how the incompetent person supports him or herself financially, so it's essential to ascertain this prior to beginning. Veteran's Benefits, as per the Internal Revenue Service (IRS) publication 907, are not taxable (see References 3).
2Complete the appropriate tax form just as you would your own. If the incompetent person receives Social Security benefits or a disability pension, for example, you'll file using the standard form 1040a, as per schedules in the addendum. On the other hand, if he or she is the beneficiary of an estate or trust, you'll need to fill out form 1041. Both of these forms are available in .pdf format in the Resources section.
3Sign the form, if possible. According to IRS Tax Topic 301, you may only sign a form on a person's behalf if you are his or her spouse and/or guardian. If you are a person's guardian but not his or her spouse, you must hold a valid power of attorney in order to sign. In order to establish power of attorney with the IRS, you must submit form 2848, available in Resources. If you do not meet these requirements, you must locate the person's guardian or spouse and have him or her sign the form.
4Submit the form via U.S. mail. Although you may fill out the form listed in Resources using Adobe Reader and then print it, you may not e-file a return for an incompetent person (see References 2).
What is form-16? How to file income tax return?
www.indiastudychannel.com/...What-form-How-file-income-tax-return.aspxHow to file IT returns? What is form 16? Check out expert advise on how to file income tax returns, when to file IT returns and the complete procedure of filing ...
How Much Money Do You Have to Make to File an Income Tax Return ...
www.ehow.com Personal Finance Tax Information Tax PlanningNov 26, 2012 How Much Money Do You Have to Make to File an Income Tax Return?. The Internal Revenue Service (IRS) exempts certain residents from filing for federal ...
How to Check Income Tax Refund Status Online
www.taxfaq.in/how-to-check-income-tax-refund-status-online.htmlEvery Person who is expecting Income Tax Refund wants to know and check this Income Tax Refund Status. So how can we check the Income Tax Refund Status
How to file income tax returns (ITR) online in India ...
myinvestmentideas.com/2013/05/how-to-file-income-tax-returns-itr...How to file income tax returns (ITR) online in India. This year, Income tax department has indicated that any individual whose income exceeds Rs 5 lakhs and above has ...
[How to] File Income Tax return (ITR) online for FREE for AY
wealth18.com/how-to-file-income-tax-return-itr-online-for-free-for...As the July 31 deadline for filing income tax returns is coming nearby, there is usually a huge rush among the taxpayers to file Income Tax return.
How to file Tax Returns - Individuals / Personal Income Tax
taxsavingsforcanadians.com/taxhowtofile.htmTelefile, Efile, Netfile, MyAccount, epass services logos are proprietary to Canada Revenue Agency. File a Paper Return. Printed T1 Personal Tax Income Tax forms
How the Maker of TurboTax Fought Free, Simple Tax Filing -
www.propublica.org/article/how-the-maker-of-turbotax...tax-filingIntuit, producer of the top-selling tax software, has opposed letting the government do your taxes for free even though it could save time and headaches for ...
How to efile Sales Tax Return online - Filling Annexures-F&C in ...
firdousi0.hubpages.com Personal Finance Tax and TaxesHow to efile Sales Tax Return online - Filling Annexures-F&C in Pakistan? - Guide to filing Sales Tax Return(FBR)
Tax Filing - How To Information eHow
www.ehow.com Personal Finance Tax InformationDon't just sit there scratching your head, find useful info on Tax Filing on eHow. Get essential tips and learn more about everything from How to Report Bond Fund ...
When you E-File with Turbo tax online, how long does it take to ...
answers.yahoo.com/question/index?qid=20080126185540AAComVJLast updated: Jan 30, 2008 8 posts First post: Jan 27, 2008Jan 27, 2008 Best Answer: I filed mine with Turbo Tax online on the 14th and my returns came via direct deposite on the 23rd for State and 25th for the Federal. It's ...
Solartis Insure services include enrollment and payment capabilities for enrollees to select and purchase insurance coverage online. For online enrollment check this out
BalasHapuslife cycle of an insurance policy
Really useful information. Thanks for the info, super helpful. I mostly use http://www.perfectletterofrec.com/ to edit my PDFs. I think it also allows you to to create fillable pdfs and esign them.
BalasHapusImpressive! I really like your blog.
BalasHapusThanks for the post.
Income Tax Return Filing
I hope you will post more Updates. Thanks for the post. Tax IT company
BalasHapusIt's like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a little bit, but instead of that, this is fantastic blog. A great read. I will definitely be back.
BalasHapusAcne Cream
Psoriasis Scalp Treatment
Best Anti Dandruff Shampoo
Define an incompetent person.
BalasHapusSmall Business Accounting
Great blog. All posts have something to learn. Your work is very good and i appreciate you and hopping for some more informative posts.
BalasHapusBankruptcy Attorney
Komentar ini telah dihapus oleh pengarang.
BalasHapus