I am 19 years old - i receive some type of social security benifits because my father passed away when i was 15 --- so i was receiving those benifits upto the age of 18 ... well this year i got 3 months of checks ( before i turned 19 ) ... and now i want to know if i haveee to claim these 3 months of benifts? I didnt recieve anything from the state to do my taxes with ... and now im getting them done tomorrow ... and i want to make sure im not doing anything illiegal by not showing those 3 months worth of social security checks [ before i was 19 ]
2007-01-18 09:21:07 · 5 answers · asked by NA2006 2 in Business & Finance ➔ Taxes ➔ United States
You must treat them the same way they were treated in past years (taxable, I assume). The nature of the income hasn't changed.
2007-01-18 09:24:50 · answer #1 · answered by skip 6 · 0⤊ 0⤋
IRS notice 2008-5, which was issued yesterday, allows your boyfriend to claim Caleb as a dependent. 2008-5 reversed IRS policy which had been in affect since 2005. Had you asked on Monday instead of today the answer would have been no.
2016-05-24 04:34:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, you have to claim those 3 months. The state is not required to provide tax forms for a few more weeks. I'd delay your appointment or be prepared to file an amended return when you get your statement for the disability.
Good luck!
http://www.personalfinance101.org/?utm_source=YH&utm_medium=link
2007-01-18 09:25:06 · answer #3 · answered by personal_finance_101 3 · 0⤊ 0⤋
No, the social security death benefits are non taxable.
2007-01-18 09:24:01 · answer #4 · answered by jseah114 6 · 0⤊ 0⤋
no, only claim your tax when you have job and earn more the 3k
2007-01-18 09:27:14 · answer #5 · answered by bl_ttn 3 · 0⤊ 2⤋