0
What is the age limit to carry a full time high school student on your taxes?
Wiki User
∙ 14y ago
If you're providing shelter and financial assistance to that student then you can claim them until their no longer dependent on you financially. They just can't file taxes for them selves in the same year that you're claiming them.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoWell, you can carry them on your taxes as long as your supporting him/her and the student remains a full-time student. This would carry over to their college education if they so choose to pursue higher education.
Add your answer:
Earn +20 pts
Do you give taxes or get taxes?
You GIVE taxes to the government. The money comes from what you've earned. You can also GET your taxes back in certain situations like, if you're a student in school.
Can student loans be taken out of your federal taxes?
Yes, if your at a public school but not at private schools
is their an age limit on who pays fica taxes?
is there an age limit on who pays fica taxes
Do you have to file taxes if you are a student?
If you are 21 you have to file taxes
Who may state constitutions limit taxes on?
Local Government =) State constitutions can limit taxes only on private purposes.
Why do you have to pay for high school online since its free if you actually went?
It's not free. Taxpayers pay your high school tuition if you attend a public school. The per-year cost per student is VERY HIGH. Depending on which sources you refer to, the costs range from around a low of $5,500 per student per year to a high of almost $30,000 per student per year. The cost is different depending on the state and sometimes even depending on the school district. Since people pay taxes in their own state for public schools, the tax money doesn't necessarily follow the student if the student attends a private school or a non-public school, or even a school in a different school district from the one assigned to the student. Research the way taxes are funneled to schools in your state, and find out if the online school is a public school in your state, and the full answer will fall together for you.
What are the general terms of a loan taken out for school?
The student is able to receive a loan, likely through the school's financial aid department, and loan amount is based on the previous year's taxes analyzed by the student's FAFSA submission. After the completion or exit from the school, the student will be expected to begin payments on the loan. The monthly payments are based on the amount of debt acquired by the loans during the school year.
What is the limit of human choice?
Death and taxes : )
Can you get student loans with back taxes?
yes
Do you have to pay taxes on a student grant?
No, they are not taxed.
Can you get federal student aid if your parents owe back taxes?
Yes. Just because they owe back taxes, doesn't mean that it will affect your student aid.
What kind of taxes are charged on the principal of student loans?
AnswerThere are no taxes on the principal of any loan, student or otherwise.In fact, there are no taxes on the payor of interest on a loan, student or otherwise. (The receipient of interest has taxable income of the amount earned).The interest paid on a loan secured by ones residence, are generally, deductible (the opposite of paying taxes)..
