I graduated college in May 06 and got married in June 06. My parents are claiming me as a dependent because they paid for my college. (and still paying)
Now I am doing my husbands and I's taxes and I don't know whether to file married filing jointly or married filing singly or even file singly. I myself have not worked, so he is fully supporting us financially.
If it makes a difference I have a student loan of about 11k that I am now paying.
2007-02-06 01:34:23 · 10 answers · asked by velnsweb 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Financially my parents spent *far* more on me than my husband in 2006, so they are going to claim me.
So since I had no income (and thus don't need to file myself) should my husband file married filing jointly/singly??
2007-02-06 01:45:38 · update #1
We just did our taxes yesterday with H&R block TaxCut online(ps if you make under $52,000 you can do this for FREE!!! and they guide you all the way!). The way I understand it is that your husband can file Married, but he must file seperately because your parents are claiming you as a dependant. You cannot be the dependant on two seperate tax returns. Honestly, your husband claiming you as a dependant won't make that huge of a difference this year, so if your parents are nice enough to pay for your college....I'd let them claim you this year, but next year you and your husband will want to file jointly to get the maximum # of exemptions on your taxes. If your parents are paying for your college, they need to talk to their tax advisor on how to claim your education expenses from here on out. I know it can be done, bc my parents are nice enough to pay for my college, too, and I am married as well. My hubby claims me as a dependant, but my parents claim my education expenses. GOOD LUCK! Good 'ol taxes are tough even for a college graduate, huh?
2007-02-06 02:19:25 · answer #1 · answered by ldlivengood 3 · 0⤊ 0⤋
Assuming that you were single at the end of 2006, you would file as single for that year. If your parents qualify to claim you as a dependent, then yes they can, and claim the EIC with you as a qualifying child if you meet all the rules. At age 23, you would only qualify if you were a full-time student for at least 5 months of 2006. Your getting married in 2007 doesn't change anything tax-wise for 2006.
2016-05-23 23:18:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You will have to choose what is the best way to file for you an your husband. You will probably want to do filing seperately this year. There will be a questions that asks you if anyone could claim you as a dependant for '06. You will answer yes there and then it will tell you how to proceed.
2007-02-06 01:40:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I think that they have to prove that they "took care" of you financially. If you are paying for college you can only claim that tax relief for a 2 or 3 year period, but if your parents already claimed that on you then no you can not claim it. (sorry I forgot the form number)
But since you are married, I think that you and your husband can claim as married but he can not claim you, UNLESS you can prove that rule for dependants.
Hope this helps...
2007-02-06 02:05:49 · answer #4 · answered by De 5 · 0⤊ 0⤋
You must file according to your status as of Dec. 31, 2006. Therefore, you must file a joint return with your husband and your parents cannot claim you as a dependent. In Canada however, you can transfer your tuition fees over to your parents to claim as a deduction. This may assist your parents in the U.S. I don't know, therefore, check with your tax department.
2007-02-06 01:39:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The person entitled to claim you as a dependant is the person who provided the majority of your support, not necessarily who paid for your college fees.
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2007-02-09 19:07:13 · answer #6 · answered by mcgibbs_mail 1 · 0⤊ 1⤋
The person entitled to claim you as a dependant is the person who provided the majority of your support, not necessarily who paid for your college fees. You need to look at a calendar and determine who paid for your support for more of the calendar year.
2007-02-06 01:40:05 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I don't think your parents can claim you - You married during the year of 2006.
2007-02-06 01:43:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Your status (married) is the only thing that matters as of December 31st 2006!! So you were married on December 31st 2006 so they technically can not claim you!!
2007-02-06 04:36:02 · answer #9 · answered by alhartley01 3 · 1⤊ 0⤋