Tax Help

What is the per child tax credit for each of the last 7 years?.
We are helping a family that has not filed taxes in the past ten years and now will. They are not deadbeats, they've got their W-2's and based on the W-2's they have overpaid a tremendous amount to the IRS.
They just need help to file.
Please help us (their new church members) find the per child tax credit (USA) so we can help them file their taxes and get some refunds.
This is the downside of not filing. The IRS doesn't run after you if they realize you would get a refund.
Refunds are possible for 2005, 2006 and 2007. They would still file the earlier years to prove they don't owe money.
If they have children under 17 then they were eligible for the child tax credit. The credit (which only helps to show they don't owe for 2004 and earlier) was $600 and it's now $1000.
2001 = 600
2002 = 600
2003 = 1000 (400 was passed out early)
2004-2007 = 1000
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What are the tax benefits for my situation?.
I am paid a salary to go to grad school. A got a w2 for this salary a few days ago. In addition, the tuition is paid for but is considered taxable. I also received a w2 form for this tuition payment to my school. I have a few odd quesitons that hopefully someone can help me out with concerning taxes.
I'm used to paying my own tuition in college and then taking the credit later when taxes come. In this case however do I get the same lifetime learning credit? My employer sent a check to my school, so I didn't see it. I do have the w2 saying that the $10,000 is considered wages. Very confusing to me. I feel that if I was given the $10000 as part of my normal wages and then paid the tuition out of my pocket, the situation is the same, but more clear.
In addition, do I only pay tax on $4750 because of the "fringe benefits for employer paid education" clause of $5250 (from IRS pub 970)?
A tax accountant would better answer your question. However, if you went to school part time, then the 10,000 your employer paid for tuition is considered income; I think there may be taxation on fringe benefits.... If you went to school full time, it may be a tax write-off, only if the training in related to your profession or line of work. Your better off consulting a tax accountant to help you with this stuff.

September 7th, 2010
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