How much does being a dependent affect you on your tax return?
Being a dependent of someone else for tax purposes decreases the amount of money you will get from the government. This mean you are not supplying the majority of your living expenses, someone else is and they should be able to use you as a dependent on their taxes. ...
Asked in Tax Refunds
Does a claimer of a dependent have to give money to the dependent from tax refund?
No. The money that the person gets back for the tax refund is kind of a repayment for things that they have already done to support the dependent. It isn't money that belongs to the dependent. ...
Asked in Mortgages, Home Equity and Refinancing
What are the advantages of paying your house off?
You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments. You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments. You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage...
Asked in Student Loans and Financial Aid
What is expenses?
Expenses is the plural of the word expense. Expenses are the costs that are needed for something. They are the money that you spent on something. Expenses can also be an item of expenditure or offset as an expense for your taxable income. ...
Asked in Business and Industry
What is the money that is left over after all of the business expenses are paid called?
Profit Money that is left after all business expenses are paid is called profit....
Asked in Custody, Children and the Law, Child Support
Can you claim a dependent that don't receive child support money and will that affect dependent from not receiving child support money?
Claiming a dependent is not dependent on the child support issue but rather on the amount of time the child spends with each parent. ...
Asked in English to Latin
What is a good way of splitting expenses evenly with your Latin American friends?
You can pool the money and split the expenses evenly.
Are fixed expenses more important than variable expenses?
they are both inportant, because they both burn your money.
Asked in The Difference Between
Differnce between outstanding expenses and prepaid expenses?
prepaid expenses are paid in advance and they are called current assets.The outstanding expense is the unpaid money,still owed. ...
Asked in Math and Arithmetic, Statistics, Algebra
What are the independent and dependent variables for the phrase Josh mows lawns for extra money He charges 7 dollars per hour?
Independent : Hour Dependent: Money.