 I give money to my mom on a monthly basis but she is in Mexico, can I claim her as a dependent eventhough...? |
| I give money to my mom on a monthly basis but she is in Mexico, can I claim her as a dependent eventhough she is not an american citizen?... |
|
 Quarterly Tax Payments? |
I'm a student who is working a few jobs (2 of which use 1099's). Last year (2006 tax year) I brought in about a $17 tax refund.
I'm planning on paying quarterly tax ... |
|
 Where can my mum find out her national insurance number? |
| She now needs it and has no record of where it could be. She has been a housewife for most of her life so it is not on any payslips or anything else- any suggestions would be great, ... |
|
 Is working 30 hours a week classed as part time? |
| my mum seems to think so, i dont think it is.... |
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 What Law states the IRS has the right to collect taxes ? |
| I have not been able to find ONE simple statement from Congress that gave the IRS that right ! Besides, the IRS being an independent corporation -... |
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 Should homeless people fill tax income papers? |
| Legally speaking, not logically speaking, is it legal to be a homeless people and to beg for money like that? And if it is, are they legally supposed report any income and pay taxes on it? I know ... |
|
 How good is turbo tax?? |
| are there any problems with it? is it fool-proof? we want to do our own taxes this year and were thinking about using it.... |
|
 I asked a similar question yesterday, but...? |
| If I am already making payments to the IRS through payroll deduction, will I get either my STATE or FEDERAL income tax return?... |
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 First year not doing 1040EZ, What tax form do I need? |
This is my first year not filling out a 1040EZ form, and I do my own taxes.
Married Filing jointly, Spouse is stay at home parent.
1st Child born 2007
Under 50k a year
A... |
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 How many tax exemptions should I have? |
| I work full time, no kids, no mortgage, no school, no car payment, etc... I dont know what else exempts you from paying taxes. I heard the lower the number the more taxes they take out, but you will ... |
|
 Who can claim my grandson? |
| my son and his gf had a baby he is 8 months old. my son would like to claim him as he does take him often on overnights and gives her money all the time to help support him.the gf don't work,but ... |
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 My sister loaned me of money over the years. When i give it back to her does she have to pay taxeson it again |
| I'm about to recieve a settement and am able to pay her back some of what she has given to me. She is in a 46% tax bracket. Sne would have to give half of it to gov. She paid income tax when she ... |
|
 Medical tax deduction for hot tub? |
My husband has rheumatoid arthritis and we were looking at hot tubs
for him to relieve the pain and aid with circulation. The salesperson
told us we could get a medical deduction credit ... |
|
 I need to file my old taxes for 2005 and I need to do it before April 15th? |
| I still need to file taxes for 2005. I was hoping to file eletronically online in order to make the April 15th deadline. Do you have any suggestions? I was hoping to do it myself I don't want to ... |
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 Is my student loan interest deductible? |
| student loan interest is taken as an adjustment to taxable income on the first page of 1040....but phased out at higher incomes. Is it then deductible somewhere else, like schedule A?? Or do you ... |
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just me | If my son w-2 is less then $4000 cand I stell clam him as a dependent? |
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 |
 
tma
|
You can claim your son as a dependent as a "qualifying child" as long as he meets the following requirements:
-under age 19 (or full-time student under age 24)
-he does not provide over 50% of his own support
-he lived with you more than half of the year
If he doesnt meet any of the above requirements, you can still claim him as a "qualifying relative" if:
-he made less than $3,300 in gross income
-you provided more than 50% of his support
-and he isnt the "qualifying child" of someone else |
|
bostonianinmo
 |
His income doesn't matter unless he's over 18 and not a full time student.
If he's under 18 or a full time student and under 24, you only need to provide more than half of his support to claim him as a dependent. He also needs to have lived in your home for more than half of the year though there is some flexibility on that. |
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goaltender
 |
If your son is living under your roof and he's a student ( all the way to age 23 ) it doesn't matter what he makes. You can claim him! |
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Dark Helmet
|
If your son is a student under the age of 24 or is living with you under the age of 18, then you can claim him. Otherwise, if he makes more than the individual exemption amount, you cannot claim him. |
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netthiefx
 |
If I'm not mistaken, so long your son is still living at home and you support most of his expenses, the answer is yes regardless of his income.
However, once he starts to pay rent or buys most of his own food and clothes, meaning once he financially subsidizes a sizeable portion of his own expenses, I am not sure how it works then.
Keep in mind that if you claim him as a dependent, then I am not sure he can claim himself on his own tax return, I want to say no, but you may wish to contact or speak to a tax expert, I can't save you from an audit here. |
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Wonderwomen
 |
yep... |
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honey
 |
If you provide more than half of his living expenses, you can claim him as a dependent. If his income was only $4,000, he clearly can't be independent and self-sufficient with this money; and if it was your income that supported him and paid more than half of his living expenses (including housing), you can claim him as a dependent. He has to be a US citizen or resident, or citizen or resident of Canada or Mexico. |
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Misty
 |
don't risk screwing up on your taxes an being penalized by trusting people on "answers"! go to irs.gov or by turbotax for like $15. good luck :) |
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