Yes you can--and must if you meet the requirements--file even though your mom claimed you. You will not be able to claim your own personal exemption ($3650 for 2010) but will still get the standard deduction of $5700. If your income is below that amount you may still want to file to get a refund of any Federal or State tax withheld.
Yes, you can claim a qualifying dependent.
Yes, she does - if she is employed and earning her own money.
Not if you are a self employed taxpayer. For more information go to www.irs.gov and use the search box for Independent Contractors vs. EmployeesIndependent Contractor (Self-Employed) or Employee?In determining whether the person providing service is an employee or an independent contractor, all information that provides evidence of the degree of control and independence must be considered.
If you are self employed, you are not directly employed by an organisation, you are working on your own account. Of course, this means that you have customers (we hope!), so you are indirectly working for other people. Self empolyed people are responsible for paying their own taxes, public insurance etc, so make sure you know where you stand financially. Yes, self employment means you are employed though work for yourself. In other words, you are in business for yourself.
Other income that you receive from your own business operations. Nonstatatutory income (independent contractor) self employed taxpayer
Compared to an employee-sponsored plan, no, but if you're self-employed, it can save you a lot of money if you need dental procedures done.
Yes, you can claim a qualifying dependent.
Brigade
brigade
brigade
An independent trader is a person who trades independently. A person who is not employed by a company or an organisation but trades solely by him/her self, mostly else known as self-employed.
the more people that are employed, the more people that are able to support themselves financially.
The independent audio engineer would be self employed.
Yes, she does - if she is employed and earning her own money.
form_title=457 Retirement Plan form_header=Reach your retirement goals and start planning for your future today! Are you employed by the federal government?*= () Yes () No Are you either self employed or employed as an independent contractor?*= () Self employed () Independent contractor () Neither Are you currently the client of another type of retirement planning service?*= () Yes () No
First an independent contractor is a self employed taxpayer and would NOT be your employee and you are NOT the independent contractors employer.
freelance unaffiliated sole proprietorship independent free agent