0
Yes.
If a qualifying child dependent of another taxpayer the child will have to check the box on the 1040 income tax return that they are using indicating that they are being claimed as a dependent and would have to use the worksheet that is provided in the instruction book for the 1040 tax form that they are using.
The QC would not be able to claim the exemption amount on child's own income tax return
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Do you have to claim a tax refund as income if you are on unemployment?
A tax refund is not income as defined by the IRS. However, if the taxes paid were claimed as a deduction in the income tax for that year, there is an adjustment to the AGI. Some states provide for counting this in the following year.
my niece for 2007 never claimed her medical deductions, can she claim them this year when she files her 2008 taxes?
Yes, you can backfile; only up to %7.5 of your income is deductible.
Is Annual income before or after taxes?
It could be either one that you want it to be called.Annual income before taxes for the year.Or Annual income after taxes for the year.
Can you claim my new born baby that was born in December 2012 on your 2012 income tax?
When you file your taxes in early 2012, it's for the 2011 tax year; when you file your taxes in early 2013, it is for the 2012 tax year; any children born in that tax year are claimed.
Do a sixteen year old have to report income if they made more than eight thousand dollars?
Individuals are required to report income to the IRS if they earned over $600. Even a sixteen year old may be served a stiff penalty for failing to report the income for the year that he made it.
Do you have to pay taxes on income less than 600.00?
No, if you made anything less than $600.00 in one year then you do not need to pay taxes on that income. However, you should still file your taxes for that year.
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.
What is W2 income?
W2 income is pay that you have received from an employer who has taken taxes out during the year. You will receive a W2 at the end of the year so that you can complete your yearly taxes.
If you claim your sixteenyear old on your taxes can she file exempt on her part time job?
There is no exemption from income taxes because of age. Being claimed as a dependent does not make your child exempt from taxes. Regardless of age or dependent status, if your child has sufficient income she must file her own tax return.To claim "exempt" on her W-4 at work, BOTH of the following statements must be true:1) She owed no taxes last year. All taxes that were withheld (if any) were refunded.2) She reasonably expects to owe no taxes this year.
Did you pay your taxes this year is it a statement of cash flow or a income statement?
taxes payment is part of cash flow statement and not part of income statement.
Can you claim your son on your taxes if you didn't work this year?
Yes... for the earned income credit and such. It makes no difference for your income taxes really, as your not paying any.
How do you find out the last year you claimed your taxes?
Contact the Infernal Revenue service or your country
