Are you able to claim dependents that work part time jobs?
Is there a limit to how much the can make a year and still be able to file taxes as dependent of another? If thats not too clear here is an example:
A 16 year old that made 9k in 2005 working part time, can she/he still be claimed by the parents? and still get child credit? Also can she or he file their taxes filing as dependent of another?
2006-12-15 09:08:03 · 5 answers · asked by emjay 4 in Business & Finance ➔ Taxes ➔ United States
taxman are you out there? i need your help.
2006-12-15 09:11:18 · update #1
Yes, as long as they
1) are the taxpayers child, step child, foster child, brother,
sister, step brother or stepsister or descendent or any of
them.
2) live in your home more than half a year
3) do not provide more than half their own support
4) under the age of 19 or under the age of 24 and a student or
totally disabled.
You will also want to make sure that they mark that they can be claimed as a dependant and that they do not take a personal exemption on their taxes.
2006-12-15 09:51:02 · answer #1 · answered by T D 2 · 2⤊ 0⤋
You can claim your daughter as a dependent until she turns 19 and is not a full time student. It does not matter how much they earn as far as your return is concerned until they are no longer under 19 or no longer a full time student. At age 23 you can not claim them even if they are a full time student.
Until your daughter no longer qualifies as your dependent she may not claim her own personal exemption.
2006-12-15 09:40:28 · answer #2 · answered by waggy_33 6 · 2⤊ 0⤋
she is still your dependent. it is obvious that she works but she doesn't support herself with that money. If you provide her with more than half of her support (shelter, food, and money) she is still an exemption. There is only a limit to what a dependent can make if that person is another relative.....father-in-law or uncle....($3,300 in 2006). But she is your daughter, your child so there is no limit. She just can't make more than half of what it requires to support her for the year.
2006-12-15 09:13:55 · answer #3 · answered by RoRo 3 · 3⤊ 0⤋
Yes, you can. She'd file taxes showing that she's a dependent, and will not get an exemption for herself - you'll get the exemption, and the child tax credit.
2006-12-15 16:13:39 · answer #4 · answered by Judy 7 · 0⤊ 1⤋
You can, but you must include the dependent child's W-2 earnings in the household income. It might be better off to not claim the child because this often puts the family in a very high tax bracket. Do it both ways to find out.
2006-12-15 09:11:39 · answer #5 · answered by Michael C 3 · 0⤊ 4⤋