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If you claim your 16 year old as a dependent can they still file taxes?
Yes, there will be directions on the correct steps in your tax booklet.
How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent?
where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. in years past, if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.
Can a 16 year old file income tax?
A sixteen year old can file income tax and, if the 16 year old had sufficient income, the 16 year old must file tax. There are no upper or lower age limits on income tax obligations. Even if the 16 year old didn't owe any tax, if taxes were withheld from the 16 year old's wages, the 16 year old should file in order to receive a refund.
How should a 16 year old complete a w 4 for taxes?
It depends on how much the 16 year old will earn from the job, how many jobs the 16 year old has, what other sources of income and deductions the 16 year old has and so on. The rules aren't really different from how anyone under 65 would complete it. I suggest you use the IRS calculator: http://www.irs.gov/individuals/article/0,,id=96196,00.html
Can you still claim your 16 year old that is working full time on your taxes or do they claim themselves?
You generally can claim your minor children as dependents because they usually aren't providing more than half of their own support. When you look at support for a person, consider all expenses paid for them, such as housing, food, transportation, etc. Only if the minor child is providing more than half of their own support do you lose their exemption. Any money the child puts into a savings account does not go towards their own support and is basically taken out of the mix. See IRS Publication 501. Example: Julie is 17 and made $8,000 this year, mostly in the summer. She's saving most of her money and put $5,000 in a savings account. Julie has paid $3,000 towards her own support. As long as her parents have paid more than $3,000 towards her support, she is their dependent. If Julie didn't put any money in savings, then her parents would have to pay more than $8,000 towards her support to claim her as a dependent.
Should 16 year old claim exempt on w9?
It is not recommended for a 16-year-old to claim exemption on a W-4 form as they likely do not meet the criteria to be exempt from federal income tax withholding. They should check with a tax professional or their employer for guidance on how to properly fill out their tax forms.
If you claim your 16 year old as a dependent can they still file taxes?
Yes, there will be directions on the correct steps in your tax booklet.
What do you call a 16 year old girl?
you call a 16 year old girl a 16 year old girl
How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent?
where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. in years past, if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.
What are a 16 year olds thoughts?
it depends on if its a 16 year old boy or 16 year old girl
Can a 16 year old get married to a 20 year old?
Not without the permission of the parents of the 16 year old.
Can a 16 year old and a 24 year old get married in Illinois?
The 16 year old has to have parental consent.
Can a under 16 year old travel abroad with a 16 year old?
No
Is it illegal in England for a 16-year-old to be with a 20-year-old?
it is not illegal for a 16 year old and a twenty year old to be together in England
Can a 18 year old get married with a 16 year old in California?
No, in California the minimum age to get married is 18 without parental consent. If one of the parties is 16 or 17, they can get married with parental consent and a court order.
Who is smarter a 5 year old or a 16 year old?
Probably the 16 year old, depending on how much he/she has learned. The 5 year old may be more intelligent, or notices things the 16 year old doesn't though. Remember, the 16 year old has had 11 more years to learn.
Can a 28 year old man and a 16 year old lass have a relationship?
It is illegal for a 16 year old to date a 28 year old man!
