 Anyone have a 2006 federal tax booklet? |
| If so I was hoping that someone could look up what the tax is for 18,439 thats my taxable income so far this year I have a 2006 booklet but the one dang page i need was ripped out. I am just trying ... |
|
 I have my W-2, but i dont know how to transfer the info the the 1040 tax form! HELP!? |
| I just got a W-@ from 2 different jobs. I'm filing online ona free site. I've entered a W-2 form for each job, but now I have to do a 1040. Do I do a seperate 1040 for each job or do i just ... |
|
 What should we do when the employer purposely puts lower amount on wages earned and taxes taken out.? |
My husbands employer gave him W2 on 02/05 and the whole thing was wrong.My husband told them his earned wages were
3 times the amount they put down.They said it's too late we already
... |
|
 Has anyone underpaid taxes as a method of savings? |
| Maybe I'm not thinking this through right, but it seems that if I dropped my dependents on my W-4 so that my employer takes out the minimum amount of taxes, I could put that money away (I'm ... |
|
 I am having my taxes done by an acct this year~? |
| She charges the fee by form. Does anyone know what the charges may be. I KNOW THEY ARE FREE OFF THE NET, and so on. But she needs to prepare them for me, because they are complicated. Any ideas ... |
|
 Who love paying council tax? i do? |
| NOT! its a pain in the bum so much dam money have to be paid a month, what is the point of it just more money,its not enough that we pay tax on our wages to is it !... |
|
 Is there a law that requires you to pay the income tax? |
I was watching a video that says there isn't. If so where?
Also how did the income tax come to be? did it get enough state support to actuallly be law?
Additional Details
dont ... |
|
 Is there anything we can do to protest over the sky high cost of Diesel/petrol here in the UK? |
Or do we just keep on paying and paying even WHEN it hits the £2 a litre mark (predicted within 12 months)
Additional Details
That is £9 a GALLON within 12 months !!!... |
|
 Has anyone rec'd their paper stimulus check - SPECIFICALLY? Details of this - PLEASE READ? |
| Has anyone received their stimulus payment in the form of a PAPER check in the snail mail before the "Where's My Stimulus" tool online or the phone number hotline stated. My ss ends in ... |
|
 What is the average annual gross income of a prostitute ? |
| Let say she works independently and charges $250 per customer in a large American city, like New York.... |
|
 Where's My Stimulus Payment? Info...?? |
| IRS.gov now has a "Where's my stimulus payment?" feature. If you are scheduled to receive your payment in this "first wave" of payments, they will tell you how much and when ... |
|
 I owe the IRS over $6,000 and I'll never be able to pay it. My boss really screwed me. What can I do ? |
| I worked for a guy that told me I was going to be pd. under the table. At the end of the year he hit me with a 1099. I owe the IRS over $6,000!!! I am a young single parent and I workmy butt off to ... |
|
|  |
molly l | My boyfriends claiming himself for taxes but his parents are also claiming him? |
My boyfriend has been living with me and my dad since April. His parents don't pay for anything and they feel the need to claim him on there taxes. For some odd reason they think they can. Is that true? I was allways under the assumption that a person can only be claimed by one person.
Additional Details
They did not support him 50 percent of the time. They didn't support him at all. They actually live with there parents! He was 18 in 2007 and not a student. |
 |
 
shiprepairwoman
|
Who ever files second will have the return rejected. Unless his parents supported him over 50% they can't claim him. Did they pay for things like his medical, car or rent to your family? |
|
Judy1
 |
You are correct that a person can be claimed by only one person. But if his parents could claim him, that would mean that HE couldn't claim himself, not the other way around.
In this case though, his parents can't claim him since he didn't live with them for over half the year. So he can claim himself. If his parents also claim him, they will will each receive a letter from the IRS telling them that two people claimed the same person, and saying that whoever didn't have the right to the claim needs to file an amended return dropping the claim - then if nobody does, they'll investigate and decide who gets the exemption. The other person will have to pay back whatever he got by making the claim he wasn't entitles to, with interest and possible penalties. |
|
travelguruette
 |
If he is claimed legitimately by someone else he can file as a dependent and he gets the standard deduction. His personal exemption goes to the person claiming him. |
|
Tomk
 |
How old is your boyfriend? How much income did he produce last year? Can he produce receipts which show that he provided more than 50% of his own total support?
You left many questions unanswered. These all have a bearing on what the outcome might be. |
|
moglie
|
A person can only be claimed by one person. If your boyfriend and his parents both try to claim him, the IRS will send a letter to all involved and sort out who gets to claim him. The process will delay any refunds. |
|
just me
|
A child does not have to live with the parents in order for them to claim him as long as he didn't provide over half of his own support is under the age of 19 at the end of the tax year or under the age of 24 and a full time student for at least five months of the tax year.
If he does not meet the age requirements above and made less then 3,400 they can still claim him because he is one of the relatives that do not have to live with them to be claimed as a qualifying relative.
When you figure if he provided more than half of his own support you need to use the worksheet on the irs.gov website to make sure you get it right. You cannot use the support he received from your father or you as his own support. If you father paid the rent you don't count any of that as him providing his own support. |
|
&rea
|
If he's not living under their roof he cannot be claimed as their dependent. His tax form will ask if anyone can claim him as such and he should check "no". If they attempt to claim someone who lives elsewhere, they better be prepared to answer some questions. My guess is that they are hoping he'll believe them and let them take the exemption. That's a decent deduction for a parent to lose...... |
|
renee2bizee
 |
He can still claim himself, but he will have to file single and can still be carried by someone else. Can they prove he lived with them for more than six months? Better yet can you all prove that he didn't live with them, because it might come to that. |
|
DJ
|
This sounds like it could get confusing...
If you still qualify for your parents to claim you, then they can claim you and you file your return stating that someone else is claiming you on their return.
Parents always have the first right to claim a child IF the child still qualifies as their dependent.
The fact that the parents did not pay anything does not mean they cannot claim him. If your boyfriend paid for over half of his own support in 2007, then his parents cannot claim him. If you or your dad provided over half of your boyfriends support, then it may still be possible for his parents to claim him.
The main questions are: How old was your boyfriend and Was he a student? A third question is: Who supported him?
There are seven tests that his parents have to pass in order to be able to claim him. If they can answer yes to all seven of these questions, then they can still claim him. If the answer is no to any one question, then they cannot claim him.
1 - No other person will claim the taxpayer (the parents) as a dependent.
2 - The dependent is not filing a married filing joint tax return.
3 - The dependent is a US citizen or lived in the US all 12 months.
4 - The dependent is a child, a child's descendant, a sibling or a sibling's descendant.
5 - The dependent lived with the taxpayer for more than half of 2007. Living at school counts as living with your parents. (If he lived with you since April, then it sounds like his parents failed this test unless he was in school while he lived with you.)
6 - The child must be one of the following: 1) - Under 19 at the end of 2007, 2) - Under 24 at the end of 2007 and a full time student in 2007, 3) - Permanently and totally disabled.
7 - The child did not provide more than half of their own support.
If his parents have already claimed him on their tax return for 2007 and they failed one or more of these tests, then you may have to provide documentation to the IRS showing that they failed one of these tests and did not have the right to claim him as a dependent.
The IRS will accept the first tax return with his social security number on it either as a dependent or an exemption. When the second return comes in, it will kick out and the IRS will send a letter. Then you have to jump through the hoops to prove to them that the the second return should claim him, not the first return... |
|
MoneyMonkey
|
You are right. And, when claiming a dependent one has to put the person's SSN on the form. If it ends up on two tax returns (his and his parent's) that will flag them for a second look, and could trigger a full-blown audit. His parents are committing tax fraud, and he should tell them that they can no longer claim him on their tax returns. |
|
iswaswill
|
That's going to be a problem. He could make a deal with his dad and perhaps get some of his dad's refund and stick with that and make out better if his dad is in a higher income tax bracket! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 40 minutes(s) ago
| | | |
11 | 1 hour(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 3 day(s) ago
| | | |
11 | 1 week(s) ago
| | | |
11 | 1 month(s) ago
| | | |
11 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
