see i live with my boyfriend 1 1/2 yrs. and i make about 3 times more than him in a month so therefore i do end up paying a majority of things and bills...i dont understand taxes very well and i just want to know how i should file.. oh i also claim 1 exemption if that matters...should i of claimes zero? i just have so many questions...
2006-11-26 07:23:44 · 4 answers · asked by feistylilone 2 in Business & Finance ➔ Taxes ➔ United States
In order to claim Head of Household when you are not married, you need to have a related dependent whom lives with you for at least 6 months and you pay for over 1/2 the costs of the home during that time. It could be an uncle, aunt, son, daughter, brother, sister, etc., but not a cousin. They basically need to be related by blood. So, the wife of your mother's brother doesn't count. Like I said, they also need to be your dependent. Now, if they are your parent, there is an exception where they don't need to live with you. As long as they are your dependent and you pay for at least 1/2 the costs of wherever they are living (apartment, retirement home, etc.) for the ENTIRE year, you can file as head of household.
If you are married, the rules all change. Since you said you were not married, I won't go into those rules here.
Filing as Single is not so bad.
By the way, basically if you have no credits, dependents, or other income, and you use the standard deduction, and you only work one job at a time (you don't have a 2nd job), you would do well claiming Single 1 on your W-4. If you want, you can use the attached IRS calculator (given to me by SteveF) to figure out the optimum withholding allowance on your W-4.
Can you claim your boyfriend as a dependent? You have to live with him all year AND he needs to have less than $3,300 of income AND you must support over 1/2 of his living expenses. If he earns over $3,300, all bets are off. If you could claim him, could you use him for Head of Household? No. Why? He is not related to you. For verification, please see Publication 17 (link below).
2006-11-26 09:46:01 · answer #1 · answered by TaxMan 5 · 2⤊ 0⤋
This Site Might Help You.
RE:
how should i claim single or head of household? what exactly is head of household? does it make a difference?
see i live with my boyfriend 1 1/2 yrs. and i make about 3 times more than him in a month so therefore i do end up paying a majority of things and bills...i dont understand taxes very well and i just want to know how i should file.. oh i also claim 1 exemption if that matters...should i of claimes...
2015-08-18 16:22:42 · answer #2 · answered by Linoel 1 · 0⤊ 0⤋
You can only file as single. There are requirements to file as head of household that you do not meet. There needs to be a dependent child involved.
2006-11-26 07:31:53 · answer #3 · answered by fahadk99 2 · 3⤊ 0⤋
If your boyfriend is working and you can prove that you pay more that half of the support for him then you can claim him on your taxes as a dependent. He won't be able to claim his self though but he should still get all his money back. You should go back and change your exemption to 0 so that way you can make sure that you don't owe at the end of the year if you don't have any other dependents and you don't claim your boyfriend. If you have any other questions send me an email by going to my website at www.shaydzofluv.com and you can click through my links and theres a tax preparation place to go on there. Also my email address is on there. Thanks
2006-11-26 09:54:47 · answer #4 · answered by shaydzofluv 2 · 0⤊ 2⤋
i have been failing head of house since i was 18 and yes your exemption matter head of house is the way to go
if you claim 0exemption they take out more taxes with means that 9 x out of 10 you will back something nice
2006-11-29 14:24:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You are both "Single".
Neither of you qualifies for "Head of Household"
2006-11-26 07:25:49 · answer #6 · answered by Wayne Z 7 · 0⤊ 2⤋