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Which of these can be claimed for individuals or any eligible dependents?
Wiki User
∙ 13y ago
Exemptions!!
Wiki User
∙ 13y ago
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What can be claimed for individuals or for any eligible dependents?
The exemption amount for 2009 and 2010 is 3650 for each name that is a qualifying exemption on the 1040 tax form. This is July 28 2010.
Can filling head of household affect any parties living with you that is filling?
None of your claimed dependents that qualify you for head of household can be claimed on any other returen, including their own.
What are exemptions?
They are amounts of money that taxpayers can claim for themselves, spouses, and any eligible dependents that will reduce their taxable income.
What are exemption's?
they are amount of money that taxpayers claim for themselves, spouses, and any eligible dependents that will reduce their taxable income. this is for a+ robert was here:p
Can you file your son as a dependent if your mother filed you as a dependent?
You cannot claim any dependents if you can legitimately be claimed as a dependent by someone else. So if your mother legitimately claimed you, you cannot claim your son. But you should check the rules for claiming a dependent to see if your mother could also have claimed your son.
Can you claim your mother if she claims two dependents If you fit the 50 percent support rule and she made less than 3500?
A person who CAN be claimed as a dependent may not claim anyone else as a dependent. Since you say that she could be your dependent, she should not be claiming any dependents herself.
If you're a dependent on someone else's income tax return can you claim dependents as well?
No. If you're being claimed as a dependent on someone else's tax return, then you can't claim dependents. There are two types of qualifying dependents. One is a Qualifying Child, which includes children, stepchildren, foster children, siblings, and their descendants (grandchild, niece, nephew). The other is Qualifying Relative, which includes those in the Qualifying Child category as well as others (parents, grandparents, aunts, uncles, in-laws, and any other person living all year in your household as long as the relationship doesn't violate local law).If you qualify for either category, then you're not eligible to claim your own dependents. Also, by being claimed as a dependent on someone else's tax return, you can't claim a personal exemption for yourself on your own tax return.
Which coutries competed in ancient Olympics?
Individuals who were citizens of any of the over 2,000 Greek city-states were eligible.
Who qualifies as a dependent on taxes?
When claiming dependents on tax returns, it is important to be sure the claim is legal. The line easily blurs between being a dependent and not being a dependent. There are a few simple things to keep in mind when claiming dependents on tax returns. A person may not even be able to claim his or her children, depending on certain circumstances.Claiming Dependent ChildrenThere is a space on tax forms to claim children as dependents. There are a few rules involved. The first rule is that no one else must claim them. If someone else claimed the children, they cannot be claimed on anyone else's tax forms. Divorced or separated parents should come to an agreement and have the agreement in writing as to which parent will claim the children. The IRS form 8332 is important in this situation. When more than two children are involved, the parents often split the dependents on their tax forms, each one taking one of the children.Children can be claimed on tax forms up to the age of 19. The child must be 19 at the end of the year. A child may be claimed up to age 24 if he or she is a fulltime student who attends school 5 months out of the year. Children who are disabled may be claimed throughout their lives.Other ChildrenThere are other children that can be claimed on tax returns as dependents. These include stepchildren, siblings, adopted children and foster children. The dependent may also be a grandchild or niece/nephew. A dependent resides with the person making the claim 50% or more of the year to be eligible as a dependent.Other CriteriaIf someone is claimed as a dependent, the taxpayer must have paid more than half of the living expenses of the dependent. People providing more than 50% of their own support do not qualify as a dependent. Parents, grandparents, aunts and uncles and any "step" relations of such may also be claimed. Domestic partners and cousins may also be claimed if they fall under the criteria.Claiming dependents can make a huge difference in the amount of tax owed. Dependents can be claimed whether the taxes have itemized deductions or standard deductions. It is well worth the effort and could mean other tax credits, such as the child care tax credit.
Who Qualifies as a Dependent on Tax Returns?
When claiming dependents on tax returns, it is important to be sure the claim is legal. The line easily blurs between being a dependent and not being a dependent. There are a few simple things to keep in mind when claiming dependents on tax returns. A person may not even be able to claim his or her children, depending on certain circumstances.Claiming Dependent ChildrenThere is a space on tax forms to claim children as dependents. There are a few rules involved. The first rule is that no one else must claim them. If someone else claimed the children, they cannot be claimed on anyone else's tax forms. Divorced or separated parents should come to an agreement and have the agreement in writing as to which parent will claim the children. The IRS form 8332 is important in this situation. When more than two children are involved, the parents often split the dependents on their tax forms, each one taking one of the children.Children can be claimed on tax forms up to the age of 19. The child must be 19 at the end of the year. A child may be claimed up to age 24 if he or she is a fulltime student who attends school 5 months out of the year. Children who are disabled may be claimed throughout their lives.Other ChildrenThere are other children that can be claimed on tax returns as dependents. These include stepchildren, siblings, adopted children and foster children. The dependent may also be a grandchild or niece/nephew. A dependent resides with the person making the claim 50% or more of the year to be eligible as a dependent.Other CriteriaIf someone is claimed as a dependent, the taxpayer must have paid more than half of the living expenses of the dependent. People providing more than 50% of their own support do not qualify as a dependent. Parents, grandparents, aunts and uncles and any "step" relations of such may also be claimed. Domestic partners and cousins may also be claimed if they fall under the criteria.Claiming dependents can make a huge difference in the amount of tax owed. Dependents can be claimed whether the taxes have itemized deductions or standard deductions. It is well worth the effort and could mean other tax credits, such as the child care tax credit.
Do you have to pay taxes if you are low income?
The answer depends on how much money you earned, your source of income, and your number of dependents, if any. You may be eligible for a tax credit under certain circumstances. Your best bet is to call the IRS and ask.
When should you claim Single filing status with no dependents?
You claim Single filing status with no dependents if you meet certain conditions. One, you've never been married, and you don't have any dependents. Two, you're legally separated under a decree of divorce or separate maintenance, and you don't have any dependents. Three, you're widowed, you haven't remarried, and you have no dependents.
