|
#12
| |||
| |||
| "Slain" <Slai...[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
You have provided no information to indicate that he> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. qualifies to be your dependent, such as age, residency, student status. Provided that you meet those qualifiers, his earnings should have no effect. Yes, if he had money withheld from his wages he should file a "dependent" return to get a refund. - quote - > Can he file taxes even though he is a dependent?
Yes- quote - > If Yes, would it in anyway affect my tax return?
No<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#11
| |||
| |||
| "Slain" <Slain.k[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
If your son had Federal or state taxes withheld from the> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? job, should definately file even if there is no tax due. Depending on your son's age & any other income, there could be other issues such as the kiddee tax. ___________________________________ <<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <----- << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#10
| |||
| |||
| Slain.k[at]gmail.com (Slain) posted: - quote - > I claimed my son as a dependent on this
Yes, he can certainly file a tax return -- even though he> year's tax return. he worked over the summer > last year and earned about $2500.00. He paid > taxes and I think he can file for a return on his > taxes. > Can he file taxes even though he is a > dependent? If Yes, would it in anyway affect > my tax return? has been claimed as a dependent. Indeed, he _ought_ to do so, in order to recover any tax withheld. You don't mention his age, but I presume you're claiming him because he is either under age 19 or under age 24 and a student, and living with you (even though he may attend school elsewhere). When he files, he should be careful to enter -0- in the area for claiming exemptions. If he's using software, usually there will be a prompt to the effect, "Can you be claimed as a dependent by another person?" ... which is where he should answer, "Yes." This will remove the personal exemption claim for himself. He will still be entitled to the standard deduction ($5,150 for 2006), which is more than enough to reduce his income below taxable level. So long as he is careful not to claim his personal exemption, it will not affect your return. (If he claimed himself, it would result in rejection of an e-filing, since you already claimed him ... and if he filed on paper, it would cause IRS to initiate an investigation to determine which return was correct.) Bill << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#9
| |||
| |||
| "Slain" <Slai...[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
Yes, your son can ( and probably should if he has any money> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? withheld ) file his taxes. It shouldn't affect your return unless he is over the age of 18 and not a student. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#8
| |||
| |||
| "Slain" <Slai...[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
If he wants a refund of withheld income taxes he has to file a return.> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. He will have a standard deduction of his earned income + $300 (or so? - it's in the 1040 instructions). He would not get a personal exemption because he is your dependent. Based on the facts you present he should get a full refund of withheld income taxes. - quote - > Can he file taxes even though he is a dependent? If Yes,
Yes and No.> would it in anyway affect my tax return? << ================================================== ===== > << The foregoing was not intended or written to be used, > <`< nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#7
| |||
| |||
| "Slain" <Slai...[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
Yes, your son can ( and probably should if he has any money> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? withheld ) file his taxes. It shouldn't affect your return unless he is over the age of 18 and not a student. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#6
| |||
| |||
| - quote - > I claimed my son as a dependent on this year's tax return.
Sure he can, and with that low an income he'll get back all> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? of his federal withholding. Just make sure HE doesn't claim himself as well (that is, he should claim zero exemptions). -- John D. Goulden << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#5
| |||
| |||
| - quote - > I claimed my son as a dependent on this year's tax return.
He can, and should, file a tax RETURN to get a REFUND of the> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? tax that was withheld from his pay. He can file even though he is a dependent, but he cannot claim a personal exemption for himself. His filing will not affect the tax RETURN that you file, nor will it affect the REFUND that you get. Bob Sandler << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#4
| |||
| |||
| Slain wrote: - quote - > I claimed my son as a dependent on this year's tax return.
He should file to obtain a refund of taxes withheld from his> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? pay. It does not impact your taxes. When he files he should make sure that he does not claim his own personal exemption as you have already claimed him as your dependent. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#3
| |||
| |||
| "Slain" <Slain.k[at]gmail.com> writes: - quote - > I claimed my son as a dependent on this year's tax return.
Yes. Dependents can always file their own returns.> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? - quote - > If Yes, would it in anyway affect my tax return?
No, it would not. However, if he had investment income,*your* return may affect *his*. -- Rich Carreiro rlcarr[at]animato.arlington.ma.us << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#2
| |||
| |||
| "Slain" <Slai...[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
Assuming your son qualified to be your dependent, yes he can> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? file a tax return to get back his withholding. His standard deduction is his earned income (about $2500 per above) plus $300 so he won't have a tax liability and will get all the withheld taxes back. File a 1040-EZ. This won't affect your return. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#1
| |||
| |||
| "Slain" <Slain.k[at]gmail.com> wrote: - quote - > I claimed my son as a dependent on this year's tax return.
He files his own return indicating that he is a dependent.> he worked over the summer last year and earned about > $2500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If Yes, > would it in anyway affect my tax return? He doesn't get a personal exemption, but he does get the standard deduction as calculated for dependents. If that was his only income he'll get a refund of everything withheld for Federal income tax. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| | |||
| |||
| - quote - > I claimed my son as a dependent on this year's tax return.
Yes, he can and should file and no, your return is not> He worked over the summer last year and earned about > $2,500.00. He paid taxes and I think he can file for a return > on his taxes. > Can he file taxes even though he is a dependent? If yes, > would it in anyway affect my tax return? affected in any way. Although it doesn't appear that he is required to file, he can and should file to claim a refund of any income tax withheld. He won't be eligible to claim his own personal exemption but at his income level it won't make any difference. If, in addition to his wages, he has less than $300 of investment income, he is eligible for a full refund all income tax withheld. Encourage him to e-file his return through the IRS-sponsored FreeFile program. There are numerous participating tax software companies from which he can choose. I filed my son's return using H & R Block FreeFile. The HRB online filing website is nicely organized and user-friendly. If he signs the return electronically, there is no paperwork whatsoever to send to IRS. And if your son has a checking or savings account, he can ask to have his refund direct deposited, which usually takes about 10 days following IRS acceptance of the return. http://www.irs.gov/efile/article/0,,id=118986,00.html Frederick Lorca << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#-1
| |||
| |||
| I claimed my son as a dependent on this year's tax return. he worked over the summer last year and earned about $2500.00. He paid taxes and I think he can file for a return on his taxes. Can he file taxes even though he is a dependent? If Yes, would it in anyway affect my tax return? Thanks << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| dependent, return, tax |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Procedure to claim a dependent on tax return sanju: Hi, I got married recently in India. My wife alongwith my mother will join me in USA by this month end. My mother is dependenton me and she will... | Taxes | 11 | 09-19-2006 06:35 PM | |
| dependent care benefits and credit for child and dependent care expenses Tobi: I put $3500 in a flexible spending account for daycare expenses, which reduced my income. If I fill out form 2441 I find that I can not claim the... | Taxes | 2 | 03-13-2006 06:37 PM | |
| dependent forums_mp: My dad lived with me for approximately 9 months in 03. For 03 his income - all told was - 3300. He filed his 03 taxes as head of household ( he... | Taxes | 8 | 03-06-2004 07:14 AM | |
| "Exemption" Dependent vs. "Medical" Dependent Victor Roberts: I just discovered something interesting that may be useful to other non-professionals like myself (assuming I am correct.) The general rule for... | Taxes | 10 | 02-16-2004 06:10 PM | |
| Thread Tools | |
| Display Modes | |
| |