0
What is the standard exemption for 1 dependent on your tax return?
Wiki User
∙ 13y ago
For each name on the 1040 income tax return you will have one exemption amount of 3650 for each one for the tax year 2009 and probably for the tax year 2010 and this date is July 24 2010.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Can you claim your child if they file taxes too?
Yes as long as all of the rules are met by and the child to be your qualifying child dependent on your income tax return. Dependent not allowed a personal exemption. If you can claim an exemption for your dependent, the dependent cannot claim his or her own personal exemption on his or her own tax return. This is true even if you do not claim the dependent's exemption on your return or if the exemption will be reduced under the phaseout rule described under Phaseout of Exemptions, later. Make sure that the dependent indicates on the 1040 income tax return that him/her is using indicates this and cannot claim the 3650 exemption amount on the income tax return that is being filed.
How much is the dependent exemption on New York state tax return?
1,000
Can your spouse claim you as a dependent if you did not work?
No not as a dependent. On the married filing joint income tax return the is an exemption on the 1040 tax form the same as the taxpayer.
What is mother's exemptions?
Each individual qualified taxpayer or qualified dependent that is listed on the federal 1040 income tax return has 1 exemption on that income tax return and for the tax year 2009 and 2010 tax year 1 qualified exemption amount on that tax return would be 3650.
Can your husband claim you as a dependent on your tax return?
A spouse is never considered a dependent. However, you can claim an exemption for your husband as long as you file a joint return. You also are allowed an exemption deduction for yourself. A spouse is never considered a dependent. However, you can claim an exemption for your husband as long as you file a joint return. You also are allowed an exemption deduction for yourself. A spouse is never considered a dependent. However, you can claim an exemption for your husband as long as you file a joint return. You also are allowed an exemption deduction for yourself.
Can you claim your child if they file taxes too?
Yes as long as all of the rules are met by and the child to be your qualifying child dependent on your income tax return. Dependent not allowed a personal exemption. If you can claim an exemption for your dependent, the dependent cannot claim his or her own personal exemption on his or her own tax return. This is true even if you do not claim the dependent's exemption on your return or if the exemption will be reduced under the phaseout rule described under Phaseout of Exemptions, later. Make sure that the dependent indicates on the 1040 income tax return that him/her is using indicates this and cannot claim the 3650 exemption amount on the income tax return that is being filed.
How much is the dependent exemption on New York state tax return?
1,000
Can your spouse claim you as a dependent if you did not work?
No not as a dependent. On the married filing joint income tax return the is an exemption on the 1040 tax form the same as the taxpayer.
Can you file your disabled spouse as a dependent?
Not as a dependent on the married filing joint income tax return. You will each get one exemption on the MFJ income tax return for a total of 2 exemptions.
What is mother's exemptions?
Each individual qualified taxpayer or qualified dependent that is listed on the federal 1040 income tax return has 1 exemption on that income tax return and for the tax year 2009 and 2010 tax year 1 qualified exemption amount on that tax return would be 3650.
Can your husband claim you as a dependent on your tax return?
A spouse is never considered a dependent. However, you can claim an exemption for your husband as long as you file a joint return. You also are allowed an exemption deduction for yourself. A spouse is never considered a dependent. However, you can claim an exemption for your husband as long as you file a joint return. You also are allowed an exemption deduction for yourself. A spouse is never considered a dependent. However, you can claim an exemption for your husband as long as you file a joint return. You also are allowed an exemption deduction for yourself.
Married filing jointly claiming foster child on taxes how much for dependent?
Exemption amount for each ones exemption on the 1040 federal income tax return for the tax year 2009 was 3650 for each qualifying dependent.
Do you have to claim income a dependent made?
Not on your income tax return. But the dependent may want to file the dependents own income tax return claiming the dependents income on it.The dependent cannot claim the dependent own exemption on the dependent own income tax return and will have to make sure that the dependent indicates on the dependent income tax return that the dependent is eligible to be claimed as a dependent on another taxpayers income tax return.Go to www.irs.gov and use the search box for Publication 17 (2009), Your Federal Income Tax for Individualshttp://www.irs.gov/publications/p17/index.htmlGo to chapter 3 Exemption thenYour Own ExemptionYou can take one exemption for yourself unless you can be claimed as a dependent by another taxpayer. If another taxpayer is entitled to claim you as a dependent, you cannot take an exemption for yourself even if the other taxpayer does not actually claim you as a dependent.Then Exemptions for DependentsDependent not allowed a personal exemption. If you can claim an exemption for your dependent, the dependent cannot claim his or her own personal exemption on his or her own tax return. This is true even if you do not claim the dependent's exemption on your return or if the exemption will be reduced under the phaseout rule described under Phaseout of Exemptions, later.I believe the above is only partly correct as to what your really asking.For example, if you have a child that has income (by employment, by inherritance, etc), even though you may list them as a dependent, that persons income is TAXABLE at your rate. (In other words, because the adult has reasonable income and pays tax at say 25%, if he shifts income to, or his child has income of an amount that presumably would be taxed much less (tax on 10K annually being virtually 0 %), essentially that income must be included as yours to get taxed at the higher rate.See the many publications on "Kiddie Tax".
Can your parents claim you for taxes and you claim yourself?
In the US, when another taxpayer is entitled to claim you as a dependent on their income tax return, you cannot take an exemption for yourself even if the other taxpayer does not actually claim you as a dependent.Then Exemptions for DependentsDependent not allowed a personal exemption. If you can claim an exemption for your dependent, the dependent cannot claim his or her own personal exemption on his or her own tax return. This is true even if you do not claim the dependent's exemption on your return or if the exemption will be reduced under the phaseout rule described under Phaseout of Exemptions, later.Go to the IRS gov web site and use the search box for Publication 17 (2009), Your Federal Income Tax for Individuals go to chapter 3 ExemptionsYou can click on the below related link
You made 7500.00 in income and you are 16 do you have to file an income tax return?
Yes you would be required to file the 1040 federal income tax return correctly and completely and send it to the correct IRS address. As a qualified dependent on another taxpayers income tax return you will not be allowed to claim your own exemption for yourself on your 1040 federal income tax return. Be SURE and check the box that will indicate this and DO NOT CLAIM THE 3650 exemption amount on exemption line of the 1040 tax return that you will be using for this purpose.
What is the most your spouse can make without you claiming her on your income taxes?
On your MFJ income tax return you do not have a choice about claiming your spouse. Your spouse would not be claimed as a dependent exemption on your MFJ income tax return. You have one exemption for each spouse on the MFJ income tax return and all gross worldwide income is combined on the married filing joint income tax return.
Does being 16 and in full time education and working affect the family tax credit?
This should not have any affect on your parents income tax return if you are still their qualifying child dependent on their 1040 income tax return. And of course you do know that if your are their qualifying child dependent that you can NOT claim your self on your own income tax return for the exemption amount when your income tax return is completely correctly.
