Sure. And his income effectively becomes yours, to be taxed at your rate. Under the "kiddie tax", that may actually happen even if you don't claim him and he files on his own...and pays less than you would have). Otherwise, it would be easy for higher earners/tax rate payers, to "pay" their children say 15K a year each and because of their low earnings, effectively pay no tax on it.
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.
Yes, there will be directions on the correct steps in your tax booklet.
If the "dependent" brother is under 19 and is not a full time student then you can not claim him as a dependent and you can not claim Head of Household status. How old is this brother?
where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. in years past, if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.
Not unless he is mentally incapable of supporting himself. If he's just not working now, he's on his own.
Yes, if she is your dependent. There will be factors to determine if you can but the answer is yes it is possible.
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.
Unless your 30 year old son is totally dependent on you due to some debilitating illness or other medical reason, you cannot claim him as a dependent.
Just claim one more exemption as a dependent. You can claim up to 25 if they go to college in many states.
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.
ITs 6 for apex
Yes, there will be directions on the correct steps in your tax booklet.
If the "dependent" brother is under 19 and is not a full time student then you can not claim him as a dependent and you can not claim Head of Household status. How old is this brother?
where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. in years past, if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.
Yes, you can claim a 20-year-old dependent who is disabled and still in high school as a dependent on your tax return. To qualify, the individual must meet the criteria for a qualifying child, which includes being under 19 years old or a full-time student under 24 years old, and having lived with you for more than half the year. Additionally, the individual must not have provided more than half of their own support. If they are permanently and totally disabled, there is no age limit for claiming them as a dependent.
Not unless he is mentally incapable of supporting himself. If he's just not working now, he's on his own.
On your US federal income tax return, whether you can claim someone as a dependent is not affected by their age or whether they are related to you. There are other criteria that apply, but age and relation are irrelevant.