If you are file taxes and a friend lives beside you and doesn't take-home pay any bills can you claim her kids?
i live with a friend and do not work i be wondering if he has the way out of claiming my kids because he is the one who pays all the bills?Answers: I'm surrounded by the same situation - yes, he can claim them and you if you gather round certain requirements. Look on page 13 (I expect it is) on the 1040 instructions booklet - it's really clear. Also on this link you'll find the requirements: http://family.findlaw.com/marriage/livin...
This mode YOU don't file taxes, HE claims you as a dependent. Just build sure no one else have the option to claim your kids as their dependent.
Good luck - but when surrounded by doubt, ask a tax preparer.
thats immoral...if they find out you could be fine
and even thrown in secure unit
Nope you can't even claim her unless you support her over 75 %
they also have to brand name less next 5,000 a year, but you really should ask a tax creature this, don't want to get audited
It might be possible ... look lower than the Dependents section surrounded by the tax form or newly call the IRS Help Line. It cannot hurt to ask but simply may help.
I presume the qualifier is that he pay at least possible 50% of their support (and yours) and that nobody else will claim them on their taxes.
She could claim your kids if she is the one who is supporting you all. i.e housing, utilities and food. She can't claim them short you giving her their social security but if you do that than she can lawfully claim them.
You only own to take carefulness of someone for 10% to be able to justifiably claim them. However if you took care of yourself and them for the majority of the year than you are entitled to.
Another boatload of discouraging advice again. It's amazing how various people focus they know about taxes but really don't.
He can claim the children as long as you do not. The IRS changed their interpretation of the directive back within December. The children can be claimed under the Qualifying Relative rule as long as they lived contained by his household all year, have less than $3,400 within income each for the year, and he provided over partly of their support for the entire year.
He can also claim YOU under indistinguishable rules as long as there is no local ruling that prohibits cohabitation.
Although he can very probably claim both you and your children, he may NOT report as Head of Household or claim the EIC, Child Tax Credit or Additional Child Tax Credit based upon claiming you and your children.
To make a payment to Boston's answer, you the parent cannot make more than $3400 and cannot claim EIC.
The path this works is that normally the children are qualify children to you and nobody else. But if *YOU* can be claimed as a dependent, the IRS has deem that you can't have dependents of your own, so the kids are up for grab as Qualifying RELATIVES.
A Qualifying relative is worth $3400 less within income per child (less income, less tax), but does not confer the friend HOH status, child care credit., child tariff credit or EIC.
Can u split interest income & mortgatge int. if divorced?
We divorced in 2007 - can my ex & I split the interest we rewarded on the mortgage along w/ interest income - it was adjectives reported to me - how will i report that to the I.R.S.?Answers: See the explanation below for how mortgage interest is handled. Interest income is handle in a similar behaviour:
More than one borrower. If you and at least one other personality (other than your spouse if you file a combined return) were liable for and salaried interest on a mortgage that was for your home, and the other soul received a Form 1098 showing the interest that was rewarded during the year, attach a statement to your return explaining this. Show how much of the interest each of you remunerated, and give the christen and address of the person who received the form. Deduct your share of the interest on Schedule A (Form 1040), splash 11, and print “See attached” next to the splash.
Similarly, if you are the payer of record on a mortgage on which near are other borrowers entitled to a deduction for the interest shown on the Form 1098 you received, take off only your share of the interest on Schedule A (Form 1040), rank 10. You should let respectively of the other borrowers know what his or her share is.
I don't know anything going on for taxes. Could someone answer a couple question for me?
This is my first time that I am out on my own in my first house. I am not sure what do to when it comes to my taxes. In days gone by, of coarse, my mother has claimed me. Should I consent to her do it again and her give me my money or should I claim myself? I am not sure how this complete tax article works,lol.Answers: If you supported yourself, you claim yourself. If you mother supported you 50% or more, than she can claim you. You can only be claimed once - so opt now previously someone does it and regrets it. Your taxes should be really easy and you can database for free on irs.gov under the free directory connection, as long as you made lower than 54000 last year. Good luck!
If you are supporting yourself, next you should claim yourself. Try using some tax software. It really walk you through it and if you finances are not complicated, you should be able to do it.
Your mom should not claim you and contribute you money!
If you made $3,000 you claim yourself, under $3,000 she can claim you. (It might be a different amt this year, but that be last year)