Get And Sign Form 5305-C (Rev. October 2016) - IRS.gov

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Instructions and Help about Get And Sign Form 5305-C (Rev. October 2016) - IRS.gov

KIM: Here's a tip from the IRS.Hi. I'm Kim.And I'm an intern at the Internal Revenue Service.Now that school's out,what do you plan to do with your children?If you're sending them to summer camp,did you know that the money you paymay help you qualify for a tax crediton next year's tax return?It's true.Summer day camp expenses may help you qualifyfor the child & dependent care credit.Remember, it must be a day camp.Overnight camps do not qualify.And there's more.If you pay someone to watch your child at home while you work,you may still qualify for a creditof up to 35% of what you pay.To learn more about the child & dependent care creditand to find out if you qualify,go to IRS.gov. Mouse clicks

FAQ

• How can I deduct on my Federal income taxes massage therapy for my chronic migraines? Is there some form to fill out to the IRS for permission?

  As long as your doctor prescribed this, it is tax deductible under the category for medical expenses. There is no IRS form for permission.

• How do I fill out the SS-4 form for a new Delaware C-Corp to get an EIN?

  You indicate this is a Delaware C Corp so check corporation and you will file Form 1120.Check that you are starting a new corporation.Date business started is the date you actually started the business.  Typically you would look on the paperwork from Delaware and put the date of incorporation.December is the standard closing month for most corporations. Unless you have a significant business reason to pick a different month use Dec.If you plan to pay yourself wages put one.  If you don't know put zero.Unless you are fairly sure you will owe payroll taxes the first year check that you will not have payroll or check that your liability will be less than $1,000. Anything else and the IRS will expect you to file quarterly payroll tax returns.Indicate the type of SaaS services you will offer.

• I am a repeater. I will be appearing for the JEE Mains 2016. I will also appear for the Maharashtra HSC improvement exam in October of 2015. Will my October board exam result be accepted for the Mains rankings? If so, then how would I have to fill the form?

  If you are reappearing for all the subjects then JEE will consider your new results. However if you're reappearing for selected subjects then your pervious results will be considered by JEE.

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