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This information is only valid for filing taxes for the 2008 federal tax return
[due by April 15, 2009]
If you are single, and nobody claims you as a spouse [line 6b] or a dependent [line 6c] then you can check yourself [line 6a] to receive a tax exemption. This means that after you adjust your income after deductions, on line 42 you multiply the exemptions by $3,500, and these get removed from your income.
For example, if your adjusted gross income was $20,000, the exemption from line 6a [yourself] would be $3,500 removed from the $20,000 to make $16,500. This number would go in line 43 [Taxable Income]. So when you go to look yourself up in the Tax Table, you would not look up $20,000, but $16,500 as your taxable income.
The Tax Tables begin on page 258 of Publication 17 titled "Your Federal Income Tax". The cover is blue, with a bunch of pictures. They are in your local library, and post office. You can just read them step by step and fill out your own taxes. It is boring, and might require addition and subtraction skills, with occasional multiplication.
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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.
Is a claimed dependent an exemption or a deduction?
Both. A taxpayer (the person who can claim the dependent) claims exemptions for themselves and their dependents. Each exemption qualifies them for a deduction. The amount changes each year ($3,700 per exemption for 2011) and a person will multiply the number of exemptions on Form 1040 line 6 by the amount for their total deduction on Form 1040 line 42. The deduction for exemptions reduces their taxable income.
What do you put on a tax form if your parents are claiming you as a dependent?
There's a box that's checked on Form 1040EZ in line 5 if you're filing your own tax return and your parents are claiming you as a dependent. But you leave the box blank (unchecked) if you're using Form 1040A or Form 1040. On those two forms, it's the box on line 6a and it's stated "If someone can claim you as a dependent, do not check box 6a." The point of indicating on your tax return that your parents are claiming you as a dependent is to make sure that you don't take an exemption for yourself, because your parents are claiming your exemption on their return.
How do you claim babysitting on your taxes?
line 21 of 1040,if you did the babysitting.
Can you claim your mother on my income tax?
No. My mother would not let me let you claim her on your income tax return. Even if I could claim my mother on my return I would not let you claim her on your return. My mother will be claiming herself on her own return. Nice try though. If you are interested in possibly claiming your own mother on your own return, I would recommend reading the Form 1040 instructions for line 6c, step 4. In a nutshell, if your mother lived with you all year, had minimal income, and you provided over half her support, you may be eligible to claim your mother on your return.
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.
Is a claimed dependent an exemption or a deduction?
Both. A taxpayer (the person who can claim the dependent) claims exemptions for themselves and their dependents. Each exemption qualifies them for a deduction. The amount changes each year ($3,700 per exemption for 2011) and a person will multiply the number of exemptions on Form 1040 line 6 by the amount for their total deduction on Form 1040 line 42. The deduction for exemptions reduces their taxable income.
What is the standard form of a straight line?
I would claim that a straight line is slightly bend as we define straight from the horizon.
What do you put on a tax form if your parents are claiming you as a dependent?
There's a box that's checked on Form 1040EZ in line 5 if you're filing your own tax return and your parents are claiming you as a dependent. But you leave the box blank (unchecked) if you're using Form 1040A or Form 1040. On those two forms, it's the box on line 6a and it's stated "If someone can claim you as a dependent, do not check box 6a." The point of indicating on your tax return that your parents are claiming you as a dependent is to make sure that you don't take an exemption for yourself, because your parents are claiming your exemption on their return.
Can you file a claim for life insurance online?
If your Insurance Co. is well equipped with the system, you can submit claim on line. Even in the negative, the intimation of claim can always be filed to the Insurance Company on line.
How can you file a death claim on a paid up policy?
Yes do I file a claim on line or how?
What is entity exemption amount for trust paying all money?
$300. Look at instruction for Form 1041, line 20
Can you claim for frozen foods after a power cut?
You will only have a valid claim if the outage occured within your home. This would occur if a tree fell on a power line servicing your home. If was a electric company caused blackout that is excluded. If you think you have an accepted claim, consider the deductible.
How do you wax bikini line at home?
I don't know but doing it yourself would be bad. go or order a professional
How many seconds should you Position yourself with a clear line-of-sight so you can search the traffic environment ahead?
You would need to position yourself 30 seconds ahead.
How do you claim babysitting on your taxes?
line 21 of 1040,if you did the babysitting.
Can you claim gst on payments made on scotia line?
YES
