I'm in Tampa, FL by the way.
2007-02-10 09:33:35 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
If you had an income, you need to file taxes. I claim our 18 yr old daughter still, because her income is so small that she doesn't pay much in taxes anyway so doesn't make much of a difference on her taxes ... even w/o the personal exemption, she only pays about $50 in fed taxes. But by claiming her on our taxes, it makes a considerable difference.
I've been using Turbo Tax for years now, it's a simple easy to use program. It walks you through step by step. My car insurance company (State Farm) actually has a link through their site that allows me to file taxes for free using Turbo Tax.
2007-02-10 09:42:40 · answer #1 · answered by Anonymous · 1⤊ 0⤋
You can still file, however you won't be able to clame any exemptions. That just means you'll only get the standard deduction of 5150 instead of that plus your 3300 personal exemption. Any amount over 5150 is taxable income for you won't get all of your income tax witheld back.
However it also means if you had over 5150 in total income you have to file! The person's answer about your mom not being able to claim you is incorrect as long as you're currently a full time student, still living at home (not including dorm living) and you didn't pay for over half of your own support. If those three requirements are met then she can claim you till the year you hit 24!
I prepare taxes for HR Block and we get questions like this all the time. They changed the laws for last year and it's confused alot of people, so be careful who you take advice from.
2007-02-10 09:58:06 · answer #2 · answered by Treyot 2 · 1⤊ 0⤋
If you were not a full-time student for at least half of 2006, and you made over $3300 in 2006, then your mom isn't entitled to claim you as a dependent - talk to her so she at least knows that for next year. If she's already filed this year but wasn't eligible to claim you, she could amend her return to take you off as a dependent.
If you were a full-time student, or you made under $3300 and your mom provided over half of your support, then you can file, you just can't take an exemption for yourself, and need to note on your return that you are a dependent.
If you are a dependent, you have to file if you made over $5150 - if you made less than that but had federal income taxes withheld, you should file to get them refunded to you.
2007-02-10 11:41:40 · answer #3 · answered by Judy 7 · 0⤊ 1⤋
Yes you HAVE to file your taxes if federal or state income taxes were withheld which is prob the case if you made over 500 dollars. You just cant claim yourself, no big deal. You do have to file though. You want your refund dont you?
2007-02-10 09:37:08 · answer #4 · answered by Anonymous · 1⤊ 1⤋
You can file but you can't claim yourself as a dependent.
2007-02-10 09:48:32 · answer #5 · answered by loandude 4 · 0⤊ 0⤋
You can file, you just cannot claim the 3300 personal exemption.
2007-02-10 09:35:38 · answer #6 · answered by Ryan K 2 · 2⤊ 1⤋
As I can remember I think if your still in school she can still claim you. when you go and get it done ask the person whos doing it. if you can still file on your own. good luck.
2007-02-10 09:42:33 · answer #7 · answered by misty blue 6 · 0⤊ 3⤋
Actually you have to claim yourself at 21, but then you will get your mother in trouble.
You are not a child anymore and your mother cannot qualify for the $1,500 "child deduction" legally.
2007-02-10 09:37:24 · answer #8 · answered by Anonymous · 0⤊ 6⤋