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No, it will actually give you less. If you are being claimed as a dependent on someone else's return, then you cannot claim yourself on your own return.

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17y ago

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Related Questions

What happens to someone for not filing there taxes and claiming more dependents then they had?

they get taxed more and if they don't pay that then they get sewed


When can I file taxes if I have dependents?

You can file taxes if you have dependents starting in January, once you have received all necessary tax documents.


If I claim 2 dependents on my taxes, will I owe taxes?

Claiming dependents on your taxes can reduce the amount of taxable income you have, which may lower the amount of taxes you owe. However, whether or not you owe taxes depends on various factors such as your income, deductions, and credits. Claiming dependents alone does not determine if you will owe taxes.


Do I have to claim dependents on my taxes?

You are not required to claim dependents on your taxes, but doing so may help you qualify for certain tax benefits.


Who can I claim as dependents on my taxes?

You can claim dependents on your taxes if they meet certain criteria, such as being a relative, living with you for more than half the year, and not providing more than half of their own financial support. This can include children, parents, or other qualifying relatives.


Can you claim more than two dependents on taxes?

You can claim as many as you actually have, according to the rules on what is considered a dependent.


Are pet's considered dependents?

On your taxes? Unfortunately, no. (They should be though!)


How much federal taxes do you owe if you made 24000 this year?

Any dependents? If so, what are their ages? Lots more info to answer your question. Sorry.


How to have the most taxes taken out of my paycheck?

To have the most taxes taken out of your paycheck, you can adjust your withholding allowances on your W-4 form to indicate that you have more dependents or deductions than you actually do. This will result in a higher amount of taxes being withheld from your paycheck.


How do dependents lower taxes?

Dependents can lower taxes by allowing the taxpayer to claim certain deductions and credits, such as the Child Tax Credit or the Dependent Care Credit, which can reduce the amount of taxable income and overall tax liability.


Will I owe taxes if I claim 2 dependents on my tax return?

Claiming dependents on your tax return may reduce the amount of taxes you owe, as it can lower your taxable income. However, whether or not you will owe taxes ultimately depends on various factors such as your total income, deductions, and credits.


Which agency collects taxes from workers pay benefits and living expenses for the dependents and survivors of deceased workers?

The Social Security Administration collects taxes from workers to pay benefits and living expenses for the dependents and survivors of deceased workers.