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Filing for TAXES?
I am 21 and my mom wants to claim me on her taxes, i lived with her for 2months in da past 2years. can i claim independence? and what will be the effect if i claim myself and she claims me as well?

I live in New York State

2007-02-12 13:00:48 · 5 answers · asked by lovinmommihood 2 in Business & Finance Taxes United States

5 answers

This question really depends on.... if she provides over half of your support. Support is not the same as providing a home for a qualifying person support in essence is everything that a person receives be it board, food, tuition, clothes, pocket money or allowance.... everything including that television or cell phone that was given as a gift.

the second major obstacle to this would be if you earned more than 3300.00 dollars (if not a full time student)in the tax year if you did then NO she can not claim you. if you are a full time student then the 3300.00 income limit is not applicable.
the only real problem comes in with who files first for that dependent because if and when it is filed electronically it will under most circumstances be accepted by the irs and they will not deny the dependency exemption

generally under most circumstances if a dependent is claimed on a taxpayer return and electronically files it and it is accepted by the IRS and later the dependent files their own tax return and attempts to electronically file it... well then the IRS will bounce or reject the second return filed automatically with that dependents social security number.
this in effect is not a denial of dependency status it would just require that the second taxpayer file a PAPER return and when that is received by the irs they will compare the two returns and will make a determination call based on the regulations that are in the law. if the IRS accepts the younger taxpayer return as the correct and just return ........that will generate a letter to the first taxpayer stating the denial of dependency exemption and in effect will be a correction to their return with a demand for payment letter for the erroneously issued refund. (mom will have to pay back)

2007-02-20 10:16:03 · answer #1 · answered by amazed 3 · 0 0

If she provided over 50% of your support, and you were a full-time student for 5 months or more, then she can claim you.

If you do as well, both your returns will be looked at, and they will determine (if it's the case) that since someone could claim you as a dependent, you could not, and you'd have to pay back any refund you recieved due to the exemption you claimed but shouldn't have.

If you were not a student, then you claim yourself.

2007-02-12 21:10:21 · answer #2 · answered by Anonymous · 2 0

You can claim yourself = just notify your mother that y9ou have done so. Who paid the most of your living expenses? If she did then you have a moral obligation for her to claim you if you are still in school and she is supporting you. You can look at it from her perspective and your perspective. Who gets the greater refund? Maybe you can work a deal to split the refund if it works out best this way. If you are not in school and she did not provide over 50% of your income then she has absolutely no basis for claiming you and would not be in sync with IRS guidelines.

2007-02-12 21:11:31 · answer #3 · answered by Donald W 4 · 0 1

I used a few tax filers but the best one was this free online tax filing tool try http://doiop.com/taxfiler .

2007-02-16 13:02:43 · answer #4 · answered by Derek N 1 · 0 1

if you r a full time student & she supporting you she can claim
if u r not student ,if she was not providing over 50% of your support
then you can do it

http://redtagdeals.com/turbo_tax-coupons

2007-02-14 00:04:17 · answer #5 · answered by Anonymous · 0 0

check out the link
http://redtagdeals.com/turbo_tax-coupons

2007-02-19 03:23:15 · answer #6 · answered by Anonymous · 0 0

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