My father is greedy and wishes to claim me as a dependent. im 23 and lived next to him adjectives year and go to academy
if he claims me i owe the gov 2000 if not i gain back a 64 dollar return. i earn 23,000 and supported myself and just stayed here. i paid rent, food, clothes, conservatory, insurance etc. hes unreasonable. i dont have any money at this point because i hold lost my job. what should i do? i cant owe 2000. i want to claim as an independent..Answers: your job is to directory your taxes properly, no matter what anyone else might do.
next to 23k income and paying rent to your father, it seems unlikely to me that he have a prayer of claiming you as a dependent because he doesn't meet the support audition
from the facts as presented, you file as single.
permit the chips fall where on earth they may.
you apparently haven't learned much contained by school because I have to read that three times before I inherent what you meant.
You live at home and are worried something like your father being greedy. You live at hand, he gets to claim you.
You hold proof you paid rent, for food, conservatory, insurance, all that? If so, next file as independent.
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There are rules on whether or not he can claim you. You assemble most of them - lived with him adjectives year, and ae 23 but he could still claim you at 23 if you are a full time student - not if you were solitary part time. So what it comes down to is whether or not you provided over partially of your own support - and it sounds like you amazingly possibly did, in which baggage he can't claim you. There is a worksheet for calculating support several places on irs.gov that you can download - one of the places is page 32 in Publication 17.
Are you sure your numbers are right? $2065 sounds approaching an awfully big swing between claiming yourself and him claiming you, though. That doesn't really matter though - what matter is whether he meets the rules to claim you. If he does, he can and doesn't want your permission - if he doesn't, consequently you can't give him sanction.
Why don't you move out of his house - then for subsequent year there wouldn't be any ask.
if you paid him rent, he can't claim you, he didn't provide 50+% support-file your return asap, so his will see back if he claims you. There shouldn't be a $2000 difference surrounded by your taxes if he claims you - you are only losing the personal exemption, which is 3400 and if you're contained by the 20% tax bracket, that would be smaller quantity than $700, not $2000 more in toll
Resident/Non Resident for excise purpose?
Hi ALL,I came to US for the first time within january 29th 2007 and working here as of present. I have not gone out of country. So as of 12/31/2007 i stayed here for 337 days. Will i be a resident/non resident for toll purpose?
Since when i'm in US, my status be always H1B . I be never in F or L or any other visa category.
Please proposal accordingly.
Answers: Yes, you are a resident for US income charge purposes. Under the substantial presence test, if you're inwardly the United States for over 183 days in a year, you are considered as a resident, subject to US taxes on US-sourced income. The certainty that you have H1-B visa doesn't redeploy your status as a US resident alien.
If the business community are being taxes to much will they thus cut back on production and employment?
Answers: yes, it the profits are the same they have to cut somewheres to stay open
generally speaking taxes or any other cost to the producer is factored into the cost of the item being produced and passed along for the consumer to pay. thus no cost to the producer and barring a decrease in the demand for his product, no decrease in production. therefore the number of workers and the rate of production remain stable. there is the remote possibility of the price getting so high that the consumer switches to a different product. this is a remote possibility.