 The rebate checks people are getting in the mail, is it tax free money? |
Or do you have to claim it as income and get taxed on it?
Curious.
Additional Details
Judy, it was just passed.... |
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 My boyfriend paid for all of my bills and expenses in 2007, can he claim me as a dependant? |
We've been living together for 9 years and last year was the first that he paid for everything...my student loans, bills, food, etc.
When I was younger and working, my father tried ... |
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 The IRS are trying to say that I owe them taxes now. How? |
| During tax time, I was expecting two W-2's but only received one. I went on ahead to file that one and received a small refund of $300 and something. I put in all of my medical payments and ... |
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 Should fat buggers be taxed more.......? |
| lets face it they eat more of the earths resources, take up more space, and we burn more petrol to lug em round. think wot a difference it would make to the economy and the ozone layer..... tax em or ... |
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 Do you pay tax on a second job which is part time? |
| i recntly started a new job which is full time i didnt get taxed on my first wage then my old emplyer rung me and aked if i wanted to go back just 8 hours a week as well as do my full time job,do i ... |
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 I'm still waiting? |
| well here it is June 16,2008 and My extra tax check hasn't come yet! Everyone else I know has recieved theirs, not me.I've gone to the page to find out when I'll get it but all it ... |
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 What do i do if i receive a W2 by mistake? |
| I received a W2 for a place i never worked for. EIN number 26-1242925. Cant find it anywhere on the web? Called IRS and they said I need to contact the company, but I cant locate it by the address ... |
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 Why haven't I gotten my stimulus package yet? |
| My SSN is among the 1st that should have received their stimulus package and I haven't gotten mine. I used Turbo Tax and got my refund directly deposited. I heard if you got fees taken ... |
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 I just bought a house, I'm not sure what reciepts I am supposed to be saving? |
| This will be my 1st yr filing taxes as a homeowner. i am lost. i'm not sure what receipts i need to save or what i can claim. can anybody help please.... |
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 Tax question? |
Hey everybody,
I filed my taxes not too long ago and I completely forget to include the salary from one of my jobs. I only worked this job for one day last year and I made a total of $120. ... |
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 Does anyone know how to fill out a W-4 form so that i dont get too much tax withheld from each check? |
| I'm single, have no dependants, and do not ake very much money each year. I'm starting a second job and i don't want too much tax withheld from either job but i don't know what to ... |
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 If everyone gave up smoking? |
| What would they put the tax onto that they put on cigerettes. Cigerettes have the highest added duty tax, so the government would have to recoup the money else where. So what do you think they will ... |
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 Jobseekers Allowance, help!!? |
| Do you think the introduction of Jobseekers Allowance (which replaced unemployment benefit) is a good idea?... |
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b-rad | Can my mom still claim me since i'm 18 and in school and if so can i do my taxes too? |
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Dizney
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She can claim you and probably should since, I assume, she is supporting you. It probably means much more to your mom on her taxes to claim you because her income is higher. In other words, don't claim yourself. |
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angeljre
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Yes as long as you are still in school full time then she can still claim you as long as she is providing for you. You can still do your taxes on form 1040EZ and make sure that you mark that you can be claimed as a dependant on somebody else's taxes. |
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lunatic
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As long as you are attending a recognized school and your mother supplied the majority of your support during 2006, then she can claim you.
You must also file a return if you meet the requirements of the tax code for filing. You will declare that you are claimed on another's tax return on your return.
Read the instruction booklet. It's really not that bad, especially for someone going on to higher education. |
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wayfaroutthere
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Yes, either you or she can claim you. You should probably let her claim you--the amount of money you'd get is probably lower than the amount she'd get, so let her claim you (especially if she helps you with tuition and such). If you decide to claim yourself, you need to tell her so she doesn't claim you, but it would be better all together to let her claim you. Usually the rule-of-thumb is 'who is providing the majority of your living costs'?
You still do your own taxes, you just don't claim yourself as a dependent. |
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bostonianinmo
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She can and probably should claim you.
You must file a return if you had more than $850 in unearned income or $5,150 in earned income. And even if you earned less than that you should file a return to receive a refund of any income tax withheld.
If your mother claims you, you will lose your personal exemption. That will increase your taxes somewhat, but will normally save your mom more so as a family you'll make out better if she claims you. |
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unknown
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Your mom can still claim you up until you are 24 yrs old or graduate from college, if she is providing more than half of your support. Ex: living at home while going to school.
You can still file your taxes if you worked, but it wouldn't be as much if she didn't claim you. But by allowing her to claim you will help her out as well. |
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scrow_80
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Yes, your mother has the right to claim you as her dependant. It is up to her if she want to let you claim yourself. Just know it does not mean you will get more money on your taxes. |
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timo_10
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Do you live in her house. You better let her claim you, or else. |
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swanga_007
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She can still claim you but you can also do your taxes as a individual as long as you have a job and a w-2 its possible! It is true you wont get as much as she will but it should be a close amount due to the fact that as you get older she doesnt get as much as when you were younger......but think of it as a profit for the both of you! |
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Bad Mother Clucker
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Yes. I believe they can claim you til you're 25, if I remember right. It may be a little younger. And no, your mom claims you, you cannot claim yourself. Only one person can. My Dad did this to me in college. Which was weird since I paid my own way. You're mom will probably save a lot more in taxes then you would. Which is why my Dad would. |
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Scott K
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In all likelihood, you can't claim yourself. You still might do your taxes if you have had any taxes withheld. |
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mattysmommy2004
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From what I've read about this past week, she CAN claim you, especially if you're in school, but that would mean you can't claim yourself... you can't do your own taxes. If you worked this year, YOU should be doing your own taxes so that YOU get that money, see what I'm saying? Or if your mom is going to claim you, make sure you see some of the Earned Income Tax Credit money. She gets up to $1000 per child, if she claims her children. So say she has 2 kids and worked all year, she'll get about $2000 for the kids plus all her state and federal money back. Make sure you see some of it, or do your own taxes. |
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jennifer s
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Yes your mom can claim you and you can also claim yourself. There is a question on the form that says check here if someone else can claim you as a dependant. Just check the box and do what it says. You will just get less for a deduction. I always claimed my daughter when she was in school and she still would get money back. |
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mary57whalen
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Only one person can claim you on taxes. If you are living with your mom or if she is supporting you, then mom claims. If you are living away from home and have government loan or job, then you claim...Mary. |
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rosie
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you need to ask your accountant. |
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