Yes, an 18-year-old can claim exemption from withholding on their W-4 form if they meet certain criteria. They must have had no tax liability in the previous year and expect to have none in the current year. However, if they earn income that exceeds a certain threshold, they may not qualify for the exemption and will need to have taxes withheld. It's important for them to assess their individual situation or consult a tax professional for guidance.
not unless you make more money than your folks leave them the exemption.
NO.
Unless the 18-year-old is a dependant because of disability or other factors, generally they are considered an adult and must file their own taxes, and you cannot claim them.
Note that age of the worker has nothing to do with the tax rate. The key is the amount of money made. The Calculator will help you figure that out. The rule of thumb is to put a "0" exemption on your W-4. That way, if you have several jobs within a year or someone gifts you money, you will have enough money withheld to cover any taxes you may owe. If you work for a restaurant, they may put "8" in the withholding and so you would owe any tax at the end of the year--so be sure that if that is the case that you put some aside from each paycheck for the future tax owed. Also, your parents may claim you as a dependent so that may affect your tax rate.
Yes WHEN all of the rules are met by you and your 17 year old child to qualify you to do this on your income tax return.
It is not recommended for a 16-year-old to claim exemption on a W-4 form as they likely do not meet the criteria to be exempt from federal income tax withholding. They should check with a tax professional or their employer for guidance on how to properly fill out their tax forms.
Just claim one more exemption as a dependent. You can claim up to 25 if they go to college in many states.
ITs 6 for apex
As long as he doesn't take himself as an exemption.
If 17 or below is age of consent in your state, yes, or if there is a close in age exemption.
not unless you make more money than your folks leave them the exemption.
No, there's a close in age exemption to the law that allows it.
NO.
Parents can address stool withholding in a 10-year-old child effectively by creating a consistent bathroom routine, providing a balanced diet with plenty of fiber, encouraging regular physical activity, and seeking guidance from a healthcare professional if needed.
Yes, you can claim a 19-year-old as a dependent on your taxes for the year 2017 if they meet the qualifying criteria, such as being a full-time student or having limited income.
No, Allas.
yes