Ok, So I have a unique situation. I am a student at UT Austin I am full time and have been for 2 years. I live with my girlfriend who I have lived with here also for the 2 years and we recieve no money from either of our parents. I know last year I was not sure so I let my parents claim me as a dependent on them, but this year I am not sure. So I live away, make my own money, and recieve no money from them. Now I know there are "test" I have to past and I am sure I don't pass them all. Do I have to past them all? What happens if I let them claim me again. I would still file My own 1040ez but what would happen to them? Cause I know they could make more from me being claimed under them.
Thanks
2007-02-04 14:27:42 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
If you have provided over half of your own support, then you are not a dependent. If you are not a dependent, no one else can claim you as a dependent.
You would file a 1040 (or 1040EZ) and claim yourself.
What happens to your parents' return is that they will not have a $3,300 dependency exemption to reduce their income.
2007-02-04 14:42:03 · answer #1 · answered by ninasgramma 7 · 0⤊ 1⤋
okay, If you lived on your own and Have income of a job then you are not considered a dependent. Now if you are still going to school and have no job with no income your parents can still claim you as there dependent
2007-02-10 15:32:48 · answer #2 · answered by friendlydidly 2 · 0⤊ 0⤋
If you lived on your own and Have income of a job then you are not considered a dependent.
any way
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2007-02-11 01:40:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No, you're not a dependent. You'd have to live with your parents for over half of the year, or they'd have to provide over half of your support for the year and you'd have to make under $3300, to be able to claim you.
If they claim you, it's illegal, although if you don't claim yourself, they probably wouldn't get caught for another year. After you turn 24, they would not be able to claim you even if you were living with them.
2007-02-04 22:35:29 · answer #4 · answered by Judy 7 · 0⤊ 1⤋
Generally if you are over 18, and in good health, you cannot be claimed as their dependent.
(by good health, I mean not an invalid under their permanent or semi-permanent care).
2007-02-04 22:35:37 · answer #5 · answered by T J 6 · 0⤊ 1⤋