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 If I were to claim a child, about how much do you think i would receive for tax refunds?
is it in the hundreds? or thousands? or nothing!?...


 By when does a child need to be born inorder to be able to claim on income tax?
the baby was born on 11/07/07...


 Will bankruptcy wipe away tax debt.?
I have never filed for Bankruptcy, but the IRS is doing what they call a "substitute for return" for my late return. That means no expenses go against any of my earnings. That will put me ...


 If my spouse owe's back child support and we file our taxes together do i still get me share?
...


 I would not work for any employer now who pays less than £10 per hour?
I think employers who pay less than this are really bad employers. when I earnt less than this I felt totally worthless And
I felt my employers abused my intelligence. I think people who earn ...


 Will i get a refund or will i have to pay taxes?
I'm a full-time student and made $22,000 this year.I have no dependents and i am worried i will have to pay an absurd amount.Any tips.
Additional Details
have had about 4500 ...


 How much money should I set aside from my paycheck if taxes are not being taken out?
I am a full time student. I am single and live on my own, but my uncle owns the place and I do not have to pay rent. I got a new job being a nanny. I make $15 an hr, and I work about 11-16 hrs a week....


 How do i report someone who hasn't filed income tax??
...


 Where do I get copies of my previous W-2 forms, from jobs I am no longer employed with?
...


 How do i take taxes out of my weekly paycheck?
my employer doesnt take taxes out of my check i have to take them out myself but dont know how ...


 My husband has not filed his taxes for 3 years , we are expecting a refund this year What will happened?
1. He worked as independent sales during that period of time so taxes were not deducted from the pay check.
2.Now were filling jointly and taxes were deducted last year. we are expecting a ...


 Can I claim mileage as a tax deduction for my car?
My employer gives me a monthly car allowance and reimburses me for my gas.I was told I can claim roughly .47 cents a mile and deduct everything they have paid me (allowance and gas) Is this true? Any ...


 I have had temp guardianship since Sept.?
I have temp guardianship of my neice and nephew since Sept 10, and will get full guardianship on Dec 6. Am I able to claim them on my taxes this year if I am sole guardian paying for all their ...


 Subsidising the unemployed?
I read an article in the paper over the weekend stating that if we wern't taxed to the max carrying the unemployed,we'd all have enough money to pay for a brand new top of the range ford ...


 I am not married, but was told that If I make at least 50% of the Income, That I can claim my girlfriend.TorF?
We both work at least 40hrs/week....


 Is this a allowable tax deduction?
i have a fiance thats in jail. all his income comes from me. am i able to use that as an tax deduction?...


 Benefit fraud what would you do?
if someone you knew was commiting benefit fraud what would you do?
and they were getting actaully quite alot of money?
Additional Details
for as long as nearly 3 years?...


 What is meant by payroll?
...


 Claiming yourself as a dependent on taxes?
someone told my husband you can claim yourself as a dependant on your income taxes. some websites say yes, some say no. what do you say, yahoo?...


 Can I claim my boyfriend on my taxes?
We have been together for 4.5 years we've lived together the past 3 years he doesn't make over 3000 in a year, he is a US citizen and i pay all the bills. If so what would i put him as on ...



Growing Xanden Wyatt-Due 3/5/09
My dad wants to claim me as a dependent but he wants me to still file my own taxes? i dont understand.. will?
i still get a tax return back?.. im 23 live with him and went to school full time for four months.
                     
 




moglie
If you qualify as his dependent for tax purposes, you will simply not be able to claim an exemption, and the standard deduction could be reduced based on your income.

I say if, because I don't believe you qualify as a dependent child, but could possibly qualify as a dependent relative. A dependent child is someone under 19 or under 24 and attended school full time for 5 months. Of course the parent has to provide at least half support in addition to the age/school requirements.

You might be a qualifying relative if your gross income was less than $3,400 or you are disabled.


taxreff
Rating
Based on your message, if you earned over $3,400 your father would not be able to claim you as a qualifying relative.

You would need to be a full-time student in any part of at least 5 months in order to be a dependent under the less-stringent qualifying child rules.

Whether he can claim you or not, if you are over the filing minimum for your circumstances you would need to file your own return.


notaperviemusculargent
Rating
This is a tricky question. The answer is: your Daddy gets your exemption with what I know from the info you provided. But I'm going to put up the exceptions also just in case. Here's what the IRS says. They put the Internal Revenue Code in to the everyday English that you are I are familiar with:
~ The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student, or (c) any age if permanently and totally disabled.
However, note this also from the IRS:
~ Full-time student. A full-time student is a student who is enrolled for the number of hours or courses the school considers to be full-time attendance.

The IRS is not clear on two semester, three semester school years, online correspondence courses for a few months, and a few other situations. You would have to consult your school's catalogue or call the Admissions department of your school. If the school says you are a full-time student, that should be good enough.

Another IRS rule for claiming the exemption: The child must have lived with you for more than half of the year. {IRS has a footnote: 2 There are exceptions for temporary absences, children who were born or died during the year, children of divorced or separated parents, and
kidnapped children. }

If your Dad provides more than 50% of your support, you are in school full-time, you are under the age of 24, you are a U.S. citizen, he can claim you.
Are you married? If you are, your Dad can only claim you if you and your spouse had no income tax liability whether filing married filing jointly or married filing separately.
IRS: You generally cannot claim a married person as a dependent if he or she files a joint return.

Example.

You supported your 18-year-old daughter, and she lived with you all year while her husband was in the Armed Forces. The couple files a joint return. Even though your daughter is your qualifying child, you cannot take an exemption for her.

Exception. The joint return test does not apply if a joint return is filed by the dependent and his or her spouse merely as a claim for refund and no tax liability would exist for either spouse on separate returns.
NOTE: if you had income tax withheld, you must file to get them back.


Judy1
If you were only in school full time for four months, not some part of at least five calendar months, and you are 23, then he can't claim you as a qualifying child, and if your income was over $3400 he can't claim you as a qualifying relative either, which means that he can't claim you at all. Tell him to check the rules.

That said, it is totally possible for a dependent to file his or her own tax return.


Elizabeth S
Rating
Yes, file your income taxes even though you are a dependent. You can take the college credit and you might get a tax refund back.


artillerygirl01
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Your dad CAN claim you if you are a student for at least 5 months of the year, and are under age 24, and you live with him. If you had a job, you should file a tax return as well. However, you cannot claim a personal exemption for yourself, because you can be claimed as a dependent on someone else's return. Even if your father didn't claim you, you are still not allowed to claim your personal exemption. This is not tax fraud. It is legal, if all the requirements for you being a dependent are met.


bostonianinmo
Rating
Your father claiming you as a dependent is totally separate from your requirement to file a tax return.

But to clear something up first. If you are age 23 and only attended school for 4 months in 2007 your father can NOT claim you as a dependent under the Qualifying Child rule.

He may still be able to claim you under the Qualifying Relative rule IF you lived in his home ALL year AND you had less than $3,400 in gross income for 2007 AND he provided more than half of your support. This is considerably more restrictive than the Qualifying Child rule.

Now, as to YOUR tax return. If you can be claimed as a dependent and had income from wages that exceeded $5,350 in 2007 you MUST file a return. If you cannot be claimed as a dependent that jumps to $8,750.

Even if you are not required to file, if any income tax was withheld from your wages you must file a tax return to have those redunded to you.

And just to clarify some terminology. You do not "get a tax return back," you FILE a tax return. A tax return is the forms, schedules and attachments that you send to the IRS either by mail or electronically. You figure your taxable income and tax liability on your tax return. If more tax was withheld than your tax liability shown on your tax return you get a REFUND. If less was withheld you have to PAY when you file your return.


pikaberrygrl
Rating
As long as you lived in your dad's home for more than 1/2 of the year and he provided more than 1/2 of your support, and if you were a full-time student in 2007, then your father can claim you as a dependent.

You will still need to file your own tax return but you will not be able to claim the $3,400 tax exemption.


frichalf
Rating
Of course he can still claim you as a dependent for 2007, but when you file your tax return you cannot claim yourself as an exemption. This is VERY common along minors and college students, he is doing nothing wrong. He needs your exemption more than you do (most likely). If you have any questions go to http://www.irs.gov


Trillian
Rating
If he provides the majority of your support, you are a dependant. If all of the year was full-time it was definitely eligible.

See http://www.irs.gov/publications/p501/ar02.html#d0e2859

You can still file a tax return (and probably get a refund) but you won't get a personal exemption. That exemption will go on your dad's return instead. If he makes a lot more money than you do, then it will save a lot of money.

You could argue with him about the dependant thing, but maybe you could just ask him for some of the money? he might tell you to get a job and move out...


N S
He can't claim you as a dependent because you're no longer a minor. If he somehow finds a way to claim you, no you wont' get any money back, he'll get your money instead.


licketyslit34
Rating
Can you say "TAX FRAUD"


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