Taxes Questions and Answers

Tax Dependent put somebody through the mill.?

I am a 19 year old, full-time college student contained by Massachusetts, and I just hold a few questions more or less filing my income taxes. I currently live near my mother, and my father pays child support. I have a 17 year mature sister, and my parents have other each claimed one child. I enjoy always be claimed by my father. My mother told me I couldn't claim myself because my father is claiming me. Now I realize that two people can't claim one individual, but she was trying to communicate me that because he pays child support he has to claim me. I be just wondering if this be true, or if I could claim myself.


Answers: In order for your father to claim you as a dependent:

1. You must be (a) underneath age 19 at the end of the year, (b) below age 24 at the end of the year and a full-time student, or (c) any age if lastingly and totally disabled.

2. You must have lived next to him for more than half of the year.

3. You must not hold provided more than half of your own support for the year.


If your father meet these tests, afterwards he is eligible to claim you as a dependent.
Your father does not have to claim you because he pays child support. Your mother is trying to be equal and allow him to claim one child since he is paying child support. If you are still your mother's qualifying child plan you lived with her for more than partly of the year and did not provide over half of your own support later she can sign a waiver and allow your father to claim you as the noncustodial parent.

If you provided over half of your own support consequently you should be claiming yourself. Do you pay rent, your own food, clothing, etc. You can find what the IRS counts as support on their website.

Where is a great place online to find tax filing advice? Newly married and need to know how we should file?




Answers: In almost all cases, it's best to file married filing jointly.

If your adjusted gross income was $54,000 or less in 2007, you can use Free File to prepare and e-file your taxes free online.

http://www.irs.gov/efile/article/0,,id=1...
You should file as "Married Filing Jointly". That always gets you the best tax breaks.

If you have some unusual situation, you should mention that in your question.
If you were married before December 31, then it is best to file jointly. If you were married sometime after December 31, then you have to file as single.

I just did me and my husband's (married 12/11 so we filed jointly to get a bigger refund) taxes at irs.gov using the free file option.

SHOULD I report a duty return ?

I'm 17 years, I work part-time, and my parents claim me contained by their tax return......should I still record? or there is any other form that i own to complete..PLEASE HELP.!


Answers: If your parents claim you as a dependent, you MUST file taxes if your income be above $5350. You SHOULD file if your income be less than that and any Federal Income Tax be withheld so that you can get a full repayment.

File as single, but be sure NOT to claim yourself as a personal exemption.

If your adjusted gross income be $54,000 or less surrounded by 2007, you can use Free File to prepare and e-file your taxes free online:

http://www.irs.gov/efile/article/0,,id=1...
You have to properly file, if and individual if, you earned more than $600.00 surrounded by a given tax year.

Of course, according to the US constitution file income tax is technically voluntary and you can petition to be exempted, if you grain like taking on the IRS.
Yes.

Well, at lowest you should check into whether you meet the requirements. A lot depends on how much money you made later year.

Head out to the post office, and receive a 1040EZ form and instruction book. Work through it, believe me, it is really easy. You will find out whether you are required to report or not.

Believe me, assuming that you do not have to database will result in fruitless things down the line. Fees, fines, and interest can take home a small payment (around $100) turn into a significant payment legitimate fast.
You could other go through a program such as Taxact and see if you would catch a refund. Don't dispatch it through. If you would then I would freshly fill out quality newspaper form.

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