2007-01-24 16:53:11 · 8 answers · asked by yolanda l 1 in Business & Finance ➔ Taxes ➔ United States
At tax time is when you show proof, with their legal name, and cocial security number on the 1040.
Many claim a higher deduction during the year, since many write off many things by going long form. If you normally get a earned income credit at the end of the year, than you can claim a higher deduction during the year. Hope this helps
go to www.irs.gov
and look at the 1040 booklet online
If you know what your income is for next year, figure up what you will need to pay in federal tax based on your income, and work backward on deductions needed so you do not owe the Feds.
2007-01-24 17:00:15 · answer #1 · answered by W. E 5 · 0⤊ 0⤋
Are you referring to the claim on the W-4 when you start a new job or at the start of each tax year? Yes, you have to be able to demonstrate, if asked, that your claim on the W-4 was reasonable. If you are getting a refund or only have a small amount to pay (assuming no losses or income outside a job) then the answer is going to be yes. If you owe a lot of money and all you have is a job, you may well be audited and the IRS will be watching you very closely.
2007-01-24 23:36:09 · answer #2 · answered by skip 6 · 0⤊ 0⤋
Your federal income tax return will require you to provide the name and Social Security Number of each dependent child that you claim.
If you make an error or omit any necessary information, the Internal Revenue Service will be in touch sooner or later. Getting that kind of correspondence from them is nothing to look forward to.
The source I've provided below provides answers to many special situations. It's entitled "Filing Requirements/Status/Dependents/Exemptions."
2007-01-24 17:10:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
When you file your taxes, your deductions on your taxes must be correct. Your paycheck can have a higher amount of claimed dependents than when you file your taxes. That way you get more of your money each check.
2007-01-24 16:59:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I think that you mean number of deductions (dependents are deductions). You can claim as many as you like when filing a US Income Tax return, but if you are audited by the IRS, you had be better able to prove them.
2007-01-24 17:07:54 · answer #5 · answered by Anonymous · 0⤊ 2⤋
merely were given coverage on my motor vehicle some days in the past. at the same time as my boyfriend and that i have been out utilizing with the help of the mountains the day earlier in the present day we ended up accidently backing right into a low putting tree limb. It busted out my decrease back window and bent the decrease back hatch on my SUV. we are both regularly very accountable drivers, notwithstanding it become overdue at evening and we couldnt see the limb :( I actually have not had my coverage lengthy, and that i become wondering if there's a particular era of time you need to be lined by technique of them to report a c
2016-12-03 00:39:51 · answer #6 · answered by abigail 4 · 0⤊ 0⤋
Yes you just can't say you have dependants, you will need ssn for all dependants you claim
2007-01-24 17:02:52 · answer #7 · answered by FC 3 · 0⤊ 0⤋
Yeah, what do you think that column is there for their SS numbers? Pizza prices??
That will be checked against IRS and SS records when your return is processed. If they don't match up, the return will be bounced.
2007-01-24 17:01:36 · answer #8 · answered by Bostonian In MO 7 · 1⤊ 0⤋