Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Should someone inform authorities if they know of someone who is not paying taxes and committing tax fraud?
...


 Stimulus Check?
I did my taxes at H&R block and had my tax return submitted via direct deposit. I have not received my stimulus check and I have no clue If they are just slow with the process of direct dep. or ...


 I owe taxes. can i investy/buy in something to offset that?
i did my taxes and found that i owe ~$600. so was wondering if i can buy some CDs or invest in some savings which can be tax deductible . basically instead of throwing that money away to IRS, invest ...


 About where are they in the stimulus check distribution?
I know that I'm getting once. I received something in the mail. I just want to know who has gotten their stimulus check yet, and the last two digits of their SS#. Both of my roommates have ...


 How long after car tax expires do you have to get a new tax disk in UK?
...


 Economic stimulus check, Made my taxes for the first time under $1750 earnings, cuz just graduated highschool?
Am i gonna receive it? my social ends in 93 ( i think that means something...)...


 How much will i get back for taxes?
im 17 i work at a pizza place and i was wondering about what percent of my total taxes taken out will i get back or does it just ...


 Need help filing taxes this year?
I did not file earlier as I never seemed to have received the form. I tried to send in for one but they sent me the wrong packet. I have no income for the last year. Can you help? What do I need to ...


 Has anyone that used tax act received their rebate?
...


 Uk national lottery is realy registered by uk goverment?
this company ask me that i have won lottery and they get 2000000
email from 40000 diffrent companies is it realy?...


 How to know if i owe money to the IRS?
years ago i owed $600 to the Irs but for the past years i been resiving income from my taxes,is it possible that they allready deducted the $600 from my taxes, or is there a website or a number to ...


 A person his income is less than the taxable income but he has obtained a pan card .Is it compulsory to file?
Income tax return ?...


 Can Bush's tax rebate be garnished?
If a person has their yearly federal tax refund garnished for child support arrearages, will his tax rebate also qualify for garnishment? They are both drawn on the same treasury accounts and based ...


 I'm a student & worked in the summer holidays, I was taxed on the money I earned?
How can I claim this back as I don't earn enough to pay income tax?...


 IRS audit... is my tax preparer liable?
We've used the same tax preparer for many years. Nothing fancy, one of the big name franchise's. Without any major deductions or audit flags we've been selected for an IRS audit. My ...


 Do I claim this income as hobby or business?
I have done a little software development work on the side. I really enjoy writing software, and because I write less and less for my job, I feel enthusiastic about writing for pleasure, plus ...


 Why did America drop the Atom bomb ?
With only 5 days left to the end of the second war why was it seen as neccessary to drop two atomic bombs on Japan ? weren't they going to surrender anyway ?...


 Can I claim my girlfriend on w-4?
We've been living together for two years. we rent a house. She makes about $13,000 a year, and I make a little more. Can I put 2 dependents, myself and her, if she puts 0 dependents. Also can ...


 Different between USPS and UPS?
I would like know what's the different between USPS and UPS?...


 I have a question about my tax filing status...?
I got married about a year ago. I haven't changed my filing status yet to married. I want to know what will happen to my weekly check if I change it to married. Will it go up or down? Is it a ...



chaispicetea
I'm a single mother working part-time, but live with my partner, could he claim us?
I'm only going to make about 15grand this year, He'll make about 39grand. Is it okay for him to claim my daughter and I on his income tax return next year? What about on his w-4 right now? Would he be able to get the earned income credit?
My other thought was, what if he claimed me and I claimed my daughter? Would that be good or not as good as if he claims us both?
Additional Details
this is my idea, not his. I was hoping he could claim us so we could get even more money than with me claiming us. he's not trying to screw me over, i'm trying to see what would be to our best financial advantage. these are great answers. thanks everyone!
                     
 




ninasgramma
Rating
It is not possible for your partner to claim you or your child. You make too much money to be his dependent, and the child is not related to him, even though he may provide support for the child.

The rules regarding this changed in 2005. Prior to 2005, it may have been possible for him to claim your child.

The good news is that you may be able to get a nice refund. You should file as single with the dependent child. You may qualify for the Child Tax Credit, Additional Child Tax Credit, and the Earned Income Credit. In fact, your income puts you at the very top of the Earned Income Credit. This is a better deal for your family than having him claim your child (which of course isn't posssible).

Your partner has no dependents. He must file as single assuming he is not married. His W-4 should show 0 or 1 allowances.


goldenboyblue
Rating
To claim you or your daughter there has to be a legal relationship such as marriage or the biological father. Sorry but he cant claim friends.


Wayne Z
Rating
Judy, is correct as usual.

You make to much for him to claim you and, if your daughter is not his (biologically or through adoption), he can not claim her either.


Judy1
No, he can't claim either of you. You can claim your daughter, and get earned income credit, but he can't unless he is her biological father.

Neither of you would be eligible to file as head of household - he doesn't have an eligible dependent, and if he makes over twice what you do, you'd have a hard time proving that you provide over half of the household expenses.

He should have single - 1 or 0 on his W-4. He is not eligible for EIC.

"Lovely" is way off - first of all, you are probably NOT common law married - it takes a lot more than just living together - many states do not even have common law marriage any more. And secondly, if you ARE common law married, he can't file as head of household although you could file a joint return - but don't do that unless you are actually married, common law or formally in a ceremony.


Russ B
Rating
Well Judy is almost right. Close enough for government work.

No there doesn't have to actually be a blood relationship to claim someone. But, in this case it doesn't apply.

Other than that Judy is right.


PepsiLime
Rating
is he your daughters father? If so he could claim her as a dependent. He can't claim you, as you make too much money. I've attached information about dependents.


Tex S
Call IRS. Its a free call. They will tell you what's what and what is allowed.


Unbreakable Bia
Do not let him claim you & your daughter...you should file for yourself & claim your daughter...you will get a very descent amount back because you have a child & you made less that 22,000 in the year...your boyfriend may be suggesting that he claim you guys for his own personal benefit....he makes over 30,000 & he may owe back taxes...so I think that's what he's trying to avoid....I'm sorry if I'm coming out a bit rude but I also have a partner and I would never let a man who I'm not married to claim me and/or my child on their taxes..get your money girl....you & your daughter deserve it.....it's your money....


lovely
Rating
He should claim head of household with 2 dependents. Just realize in doing this you are common law married. HE can only claim you if you are married. But, he can get the earned income credit for your daughter but if I were you I would file single and let him claim your daughter. In doing this if you have been claiming her on your w-4 you will more than likely only get back some of what they have deducted. But, whoever has worked more should claim her.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy