what happens if i put on my return that i cant be claimed on someone else's taxes and then somone claims me?

Question

does it effect my return in any way or the amount i get back?

Answer 1

The IRS would send you both a letter asking you to either prove that your return was correct and you were entitled to the exemption, or else amend your return.

If both people say they have the right to claim, then the IRS will make the determination of who followed the rules, and the other person will have to pay back whatever taxes they owe, plus interest and possible penalties.

Answer 2

ou and the person who claimed the dependant will receive a letter stating that 2 people used the dependants social security number, They will ask that both partys submit proof of who was actually eligible to claim the dependant. This can include school records, Dr records, copy of a lease agreement acknowledging that the child lives at the address of record.
The IRS will make a determination of who actually qualifies to claim the dependant. The person who claimed the dependant will then owe back any refund they received in error plus interest and penalties. This also raise a red flag on that persons future tax returns for up to the next 10 years.
Calll the IRS at 1-800-829-1040
Respond to any correspondence from the IRS immediately to expedite your claim.
This will cause a delay in processing your return and your refund

Answer 3

The IRS would then revise your return, disallow your personal exemption, and you would have to pay the tax on losing your $3,300 personal exemption. The actual tax amount would depend on your marginal tax rate. If you are in the 15% tax bracket, you would owe an additional $495 in tax, plus interest and penalties if the IRS notice is issued after April 15, 2007.

Answer 4

its called fraud and if they are caught, which is common, they will pay a fine and could get jail time.