 We will be moving to UK in a few months. Will we qualify for the Child Benefit and the Child Trust Fund? |
We will be moving to UK in early 2009 from the Philippines for a job assignment. Are our three kids qualified for the Child Benefit and the Child Trust Fund?
Additional Details
My ... |
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 If home prices are falling? |
| Will our local tax assessors adjust our home values as well? Last year when a proposal to not exempt disabled homeowners from having caps, the tax assessors office simply raised the value of the ... |
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 Parents want to claim me on income tax? |
| so, i am 19 years old. I just got my W-2 in the mail and my mom will be filing for me. She stated to me that if she claims me dependant she'd get a bigger refund back and i would get less. ... |
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 Is it better to claim 1 or 0 ? |
| I am 23, single, no kids & I support myself , Ive always claimed 0 on my W-4 forms but recently I changed it to 1 and claimed head of household because my 19 year old niece live with me & I ... |
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 If you did a direct deposit with the IRS for 2007 taxes will next months check be direct deposited too? |
We've done direct deposit for years when filing taxes.
We'll be one of the first ones to get our advance on next years income tax. I was wondering if we will be getting a ... |
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 Are we allowed to prevent the government from withholding taxes? ? |
| When I get a pay stub every 2 weeks, are we allow to prevent the government or company to withhold taxes and pay them at the end of the year? I mean if we can, isn't it wiser to do this since we ... |
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 Is it true that you can file a deductioin on your taxes for paying rent? |
| I heard that you can file a tax deduction for paying rent at your residence and get something like a full month's rent back. Is this true?... |
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 Tax returns? |
| is it too late to file federal income tax return if your intited to a ... |
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 Do churches pay federal and/or state taxes on their "earnings"? |
I am referring to any contributions by members, pastor's salaries, properties owned, etc.
Thank you for your help.... |
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 If child is over 21 and child support is still owed can tax return be held when it is being taken from pay? |
Additional Details
Let me make it clear to some that all that was owed in child support was the last 2 years 16-18 My husband was not a dead beat ... |
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 What is the full form of HR? |
| he or she is the head in a ... |
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 No federal tax taken out of paycheck...what to do? |
| A friend of mine just found out that no federal tax was taken out all year and now owes the IRS almost $5K. In hindsight, she should've checked her paystub, but when she approached her boss, ... |
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 Do you have to put postage stamps on income tax returns when sending to IRS? |
| I was told a few years ago that no postage is necessary if mailed from the post office. I don't think that sounds legit, and I was wondering if someone knows for sure. Do you know?... |
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 My grandma is giving me 10k and I want to understand about the taxes? |
| The money was in her IRA but now it's in a MMA when she gives it to me I don't have to pay taxes on it right but was wondering if she will have to or not because of the Gift T... |
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 What is my due date if I don't owe? |
| I am going to receive a refund on my taxes. Do I still have to file by the due date?... |
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Rodge | Can I claim "myself" as a dependent on my W-2 form for my job? |
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Richard M
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You can claim a withholding allowance for yourself on a W4, the form you submit to your employer to determine how much federal income tax is withheld from your pay.
A W2 is a different form, used by employers to report wages and tax withholdings. |
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mhowie01
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You can claim yourself as an exemption. But you'll get a bigger refund if you claim no exemptions. |
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Judy1
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No, you can't claim yourself as a dependent. But if you are not a dependent of someone else, you take an exemption for yourself on your return, which amounts to the same thing financially. |
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Dionne J
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No you can't, but here is a site that tells you who can be claimed as dependents on your W-2. Here is a direct copy from the IRS Tax Tutorial Module 4-Glossary: dependent — a person, other than the taxpayer or spouse, who entitles the taxpayer to claim a dependency exemption. It even further lists different test you can use to see who can qualify besides children as a dependent. |
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brett n
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Yes you can. What you claim on your W-2 determines what they take from your paycheck, not what you pay at the end of the year.
My rule of thumb is to claim 2 dependants if you want to break even (owe nothing, and get no return) at the end of the year. Claim 1 if you like to get returns, and 3 if you don't like the government to hold your money interest free, i.e. you would rather pay at the end of the year than get a return. |
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David W
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Sure, actually you can claim as many dependants as you wish on your W-2...but if you claim more than you actually plan to file at the end of the year, you'll be paying that money back. |
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vangion
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Yes you are sup[posed to claim yourself
IF
You are responsible for more than 50% of your welfare |
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bostonianinmo
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You don't claim anything on Form W-2. Form W-2 is the Wage and Tax Statement that your employer sends or gives you at the end of the year.
You file a Form W-4 with your employer to tell them how much tax to withhold from your pay. You don't claim dependents there either; you claim witholding allowances. While the number of dependents you claim on your tax return will influence that, the two are not the same thing. Most Single taxpayers should claim 1 or 2 allowances if they only work one job. If they are a dependent, then they generally should claim 0 to avoid a tax debt at filing time.
You NEVER claim yourself as a dependent on a tax return. You get a personal exemption for yourself if you cannot be claimed as a dependent, but you never claim yourself AS a "dependent." |
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omnisource
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You can claim from 0-10 dependant deductions without regard to actual number of dependants you'll be claiming on your annual income tax return.
The more you claim, the less taxes are withheld from each paycheck. Its kinda like a savings account (with no interest earned) to ensure you'll have enough cash on hand come every April 15th. This way, if you've trouble managing your budget, the Federal government'll help make sure you've already paid your tax debt way before its even due.
See, they're gonna get theirs...
IMHO, claiming 0-1 exemptions in order to receive a tax refund is financially immature-better to invest the extra cash from each paycheck throughout the year AS YOU SEE FIT. That way, your hard earned money can earn dividends for you, instead of for Uncle Sam. |
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caroline a
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no |
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iBrenda K
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I'm afraid that will not be legal. You will need to provide some other person like one of your offspring. |
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