 How does total loss auto work? |
| Does the insurance company (mine is State Farm, btw) send you a check with the amount of how much i still owed on the car? Like, i still owe 8k on it...if it's considered a total loss, then i ... |
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 Because AIG is going belly up, should I change to a different insurance provider? |
| I see that AIG is suffering a huge setback and is about to file bankruptcy. I am about to seek out a different provider because I do not want to continue paying money to a company that is about to ... |
|
 Do I have to have my flood insurance cover the amount equal to the cost of my new home? |
| Can I just pick the lowest amount of coverage? Say my home costs 72,000 can I get the insurance that will cover up to 35,000 in damage to the building? I have to have flood insurace if I buy this ... |
|
 Homeowners Ins with pitbull? |
| How can i get home owners insurance if i own a pitbull. he is tiny he weighs 55 lbs,2 yrs old not mean, never bit anyone he is neutered and i can take away a raw piece of meat right out of his mouth ... |
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 HHEELLLPP!!!!! with TEEN car insurance!!!!? |
I would like to either add a 17 year old to an insurance policy or get one specifically for him.....
i called geico, but they said they dont insure teens!!! What can i do?
THX<... |
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 Will my insurance company cover my damages if i crashed into a pole and coasted $4,000 worth of damage? |
| no other parties were involved and i did not call the cops. I went home and parked it into my garage, and haven't moved it since. What do you guys think?... |
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 I need help finding good medical insurance for my and my spouse? |
| Any Ideas. Also with dental would be good. we don't want a deductible.... |
|
 We're refinancing and need to know if I have fire insurance....? |
| We have a homeowner's policy (with AAA) and earthquake coverage but the finance company is asking only for proof of fire and/or flood insurance. Is fire covered in a basic homeowner's ... |
|
 Health insurance wont accept bc of c-section!? |
| I applied for BCBS private insurance and they approved us under the condition that if I needed another c-section it would not be covered. Is this ridiculous or what? Anyone else? If I appeal, what is ... |
|
 What do you do if you are denied Health care insurance? |
| I signed up for Blue Cross Blue Shield in Florida. My family was accpeted but I was denied because they said I have been to the Dr with complaints of a stiff neck. So I have been denied Health care ... |
|
 If someone else is driving your car and they get into an accident, who pays? |
| My ex-boyfriend was driving my car a few months ago and got into an accident. I don't have full coverage on my car, so I decided not to tell my insurance company because my insurance would go ... |
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 Are there any disadvantages to being covered by 2 health insurance policies? |
| I am currently covered by my husband's VERY GOOD health insurance. However, now that I have reached the 5-year anniversary at my current job, I am eligible to join my company's insurance ... |
|
 If a person receiving social security disability who has their own medical insurance? |
| If a person receiving social security disability who has their own medical insurance, however the they get the medical insurance premium deducted from their SSD check . They don't need medicare A... |
|
 What's the cheapest insurance service? |
| What has the lowest price.(All three kinds)... |
|
 Help! Im only 18 and my insurance wont pay for an epidural?!? |
| I dont know what I am going to do..I am only 18 and I am about 8 weeks pregnant and I just found out that my insurance (CDPHP through Medicaid) wont cover and epidural ..only if the doctor deems it &... |
|
 Cash business and health insurance ? |
| What options exist for someone who works in a strictly CASH business, isn't married and needs some kind of Health Insurance? The cost would need to under $300.00 a month. Do all these companies ... |
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| If cosmetic surgery can help get you a better paying job or even a better life? |
http://www.msnbc.msn.com
Could there be such a thing as 'beauty insurance'? Where younger people could pay a premium for beauty treatments ... |
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McEDee | Can my parents still claim me as a dependent when the only thing they pay for is my health insurance? |
I'm 21 years old live on my own pay my own bills, Im a full time student as well, but I have loans for that; no contribution from my parents. |
 |
 
Scooter girl
|
It sounds like you don't want them to claim you any more. You can claim your self on your own income tax and not check the box that someone else is claiming you. The IRS will send out a letter to your parents asking them to prove that they provide at least 50% of your expenses. Insurance is a lot, but if you have younger siblings chances are that if it is an employer work policy the coverage is for child(ren) so whether they have one child or 20 it would be the same price.
Now if you want to maintain a relationship with your parents, I would sit down with them and go over the pros and cons of which is more beneficial - them to claim you or you to claim yourself.
Good luck |
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efflandt
|
It is illegal for them to claim you as a dependent unless they provide more than 50% of your support. See IRS Publication 501. |
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Queen B
 |
only if they provide 50% or more of your living expenses for the year |
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mbrcatz
|
This is a tax question.
If most of your support is provided by YOU, then you are NOT their dependent. |
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njunprincess
 |
I do believe that they have overextended the IRS's meaning of dependent. It is true that a parent can claim their child student, but usually under the assumption that the parent is paying room and board, tuitions, and such. This would give them reason for the deduction. However, since you are in full control of your own independence, you should just tell them that you are going to claim yourself next year and get them prepared now. |
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mary k
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Yes. Especially if your a full time student. |
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