on turbotax.com, im doing my taxes, if it asks who i want to claim as a dependent, can i put myself in order to get all taxes back if i made less then 12,000 in a year?
2007-01-27 19:22:10 · 9 answers · asked by slayer123 1 in Business & Finance ➔ Taxes ➔ United States
You get a personal exemption for yourself (turboTax will automatically calculate this.) You CAN NOT claim yourself as a dependent. A dependent is a person other than yourself that your are supporting.
2007-01-28 00:46:05 · answer #1 · answered by TaxGurl 6 · 0⤊ 0⤋
That will be automatic, so you don't put yourself in again. It will ask you if you can be claimed as a dependent - if you can't, will give you the exemption. If you can, then you don't get an exemption.
If you're single, you won't necessarily get everything back if your income is $12,000 a year - you might have to pay some tax.
2007-01-28 06:22:46 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Your standard deduction is $5,150 and your personal exemption would be 3,300 IF nobody claimed you as a dependent and claimed you on their 1040's. You also cant claim yourself twice. So say you made $12,000 you will be taxed on $3,550 after the standard and personal deductions. Your tax will be $355 which still puts you in the lower 10% tax bracket. Whatever they withheld you will get back minus the $355.
2007-01-27 19:36:42 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You can't claim yourself as a dependent. You automatically get an exemption for yourself and Turbo Tax will take care of that for you. If you made more than $8,450 in 2005 you will have SOME tax liability, there's no way to avoid that.
2007-01-28 00:49:13 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
No, you cannot claim yourself as a dependent. That would be someone like a spouse or one of your children, because they are "dependent" on you. Get it?
Depending on your situation, you might be able to get all that you paid in, back. Turbo-Tax will help you to see what you can claim.
2007-01-27 19:29:55 · answer #5 · answered by Dan821 4 · 0⤊ 0⤋
Usually parents can claim you through the age of 18. If you are a college student at least half-time, your parents can claim you until you are 24 as long as you are still a student.
2016-05-24 08:04:39 · answer #6 · answered by ? 4 · 0⤊ 0⤋
You claim head of household. You should also be able to take the earned income tax credit, if you make that little. Follow the instructions and answer honestly and you'll be fine.
2007-01-27 19:32:05 · answer #7 · answered by Vix 4 · 0⤊ 1⤋
I use to claim 0 when filling out, then claim 1, myself when Filing, so yes I think you still can.
2007-01-27 19:32:07 · answer #8 · answered by Anonymous · 0⤊ 1⤋
yeah, unless someone else claimed you, you wont get all of what you put in
2007-01-27 19:29:17 · answer #9 · answered by ishybug03 4 · 0⤊ 1⤋