Can i claim myself (1) dependent when filing my income tax. On my w-4 i have zero exemptions and allowances.?

Answer 1

As long as someone else is not eligible to claim you, for example your parents, then yes, you can claim yourself when you file. Your W-4 just controls what's withheld from your paycheck, not how much tax you owe.

Answer 2

Since I do not know if anyone else can claim you as a "dependant" here is the official statement from the IRS website:

You can take one exemption for yourself unless you can be claimed as a dependent by another taxpayer. If another taxpayer is entitled to claim you as a dependent, you cannot take an exemption for yourself even if the other taxpayer does not actually claim you as a dependent.

If no one else can claim you then yes, you claim yourself as a dependent even though your withholding status shows that you have claimed no dependents all year.

What you claim via a W-4 form (you completed this form through your employer) determines the amount of taxes that will be withheld from your pay. The lower the number of dependents claimed on your W-4 form the more tax that is withheld from your pay. You can claim -0- dependents on your W-4 form even though you have dependents other than yourself throughout the year and you can change this information as many times as you wish (or your employer allows).

Answer 3

The W-4 is used to estimate your taxes. You do not have to have the same number of exemptions on your W-4 and your tax return.

So just because you have zero exemptions on your W-4 does not keep you from claiming yourself on your tax return, if you otherwise qualify to claim yourself.

Answer 4

in case you haven't any longer have been given any dependents, yet are thinking you're able to examine the pinnacle of bigger half and young ones field because of the fact which you are the only provider - you're no longer head of bigger half and young ones for tax purposes, it is on condition which you have a based. in case you in uncomplicated terms have one interest nonetheless, and are speaking approximately line B, then confident you're able to desire to place a million there, for a finished of two. in case you declare 2 allowances, you're able to desire to finally end up owing a somewhat small quantity once you record. Claiming a million could probable be extra useful. you assert you merely graduated. in case you haven't any longer been working, or have not made plenty, throughout the 1st 0.5 of the 300 and sixty 5 days, you're able to desire to probable get away with claiming 2 till the top of the 300 and sixty 5 days, yet then i could evaluate switching to a million. counting on your earnings, you will very probably have the skill to take an adjustment to earnings for no less than part of your student very own loan interest - that may not help plenty this 3 hundred and sixty 5 days because of the fact which you will merely have December, yet would desire to help next 3 hundred and sixty 5 days because of the fact which you would be paying all 3 hundred and sixty 5 days.

Answer 5

YES you can claim yourself as 1. but not your petS!!