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How long can I be claimed as a dependent on my parents tax returns?
Wiki User
∙ 8y ago
Dependent on tax teturns
Wiki User
∙ 8y ago
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How long can a person be claimed as a dependent on their parents income taxes?
So long as they live at home, their parents are providing over 1/2 of their support, and they are either a. a full-time student under the age of 24, or b. making less than $3,500 (for 2008) per year
Can 17 year old be claimed as a dependent?
As long as she meets the tests as either a qualifying child or a qualiffing relative.
How much money do you get back on income tax for a 2 month old?
They can be claimed as a dependent as long as they were born prior to January1st. Extra dependents will reduce your tax liabilities but it varies from person to person based upon income and other factors.
How long to keep deceased parents papers such as tax returns?
Some papers are more or less permanent, such as titles to property. Tax returns: I'd say seven years. Papers that are duplicated in the public records: it doesn't really matter, because you can always obtain copies from the public records.
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.
How long can a person be claimed as a dependent on their parents income taxes?
So long as they live at home, their parents are providing over 1/2 of their support, and they are either a. a full-time student under the age of 24, or b. making less than $3,500 (for 2008) per year
Can you remain a dependent on your parents taxes if you get married and both of the people married were dependent on their parents still?
No, if both spouses were claimed as dependents on their parents' taxes, they would not be able to file jointly as married. They would likely not qualify as dependents on their parents' taxes anymore once they are married and establishing their own household.
Can you file your taxes if you are a dependent?
In the United States, a person who earns over a certain amount has to file taxes, depending on filing status and age. Technically, anyone who can be claimed as a dependent should not have to file because the majority of their living expenses were paid by someone else. If a dependent earns more than the minimum allowable amount, they are no longer considered a dependent and must file taxes.
Can 17 year old be claimed as a dependent?
As long as she meets the tests as either a qualifying child or a qualiffing relative.
How long are field mice dependent on parents?
Less than 1 month.
Can a 17 year old military dependent move to California with parents permission?
Yes, as long as the parents give permission the 17 year old military dependent can move to California.
Can a grandmother carry her unborn grandchild on her income texes?
An unborn child is not eligible to be claimed as a tax deduction. They have to be born first. And they have to have a social security number. As long as they are born before midnight on December 31st of the year, they can be claimed as a dependent for the entire year.
Can a 11 yr old watch cousins legally?
Yes. as long as the caretaker is paid at least minimum wage and it is documented as a taxable income. Also the caretaker can not be claimed as a dependent on your taxes as they are your employee.
Can you get child tax credit for full time student?
Generally, no. You can only claim the Child Tax Credit for a dependent who is under the age of 17 (on December 31 of the tax year in question). You can still take a standard exemption for a dependent who is a full time student as long as they are under the age of 24 and meet the other requirements to be claimed as a dependent.
How long are piglets dependent on parents?
In production agriculture a piglet is left on the sow [mother] for 17 days. in nature it could be up to 3 months
Can an 18 year old be on their parents insurance if they are not a fulltime student?
In Texas, as long as the parents claim the child as a dependent they can be on their insurance until they are 23 or get married. Whether or not they are a full-time student. You have to check online for your state's laws.
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