Will incuding him lower or raise may tax rate?
2007-03-04 03:50:06 · 9 answers · asked by janine q 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Assuming that he lived with you for at least half of the year, and he didn't provide more that half of his own support, you can claim him. On his return, he should note (or should have noted) that he can be claimed as a dependent.
Including him will lower your total taxes if you have any tax liability to lower.
2007-03-04 09:07:55 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
no longer real. once a baby turns 17 you now no longer get a baby tax credit for him, yet that doesn't advise you may't declare him as a depending. yet when your husband become merely getting taxes performed now on an extension, those were 2009 taxes - and in case your son did not turn 17 till 2010, you would nevertheless get the youngster tax credit for him for 2009. both your husband misunderstood what the preparer suggested, or the preparer is incompetent.
2016-11-27 20:49:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depending in which country you live , I believe your son should be getting all of is taxes back and as well you may be able to claim a portion as a dependant
2007-03-08 02:43:06 · answer #3 · answered by Gentleman 7 · 0⤊ 0⤋
this tax year as long as he didn't make over the standard deduction of $5,150 you can claim him. it will help your taxes out.
when he starts making over the standard deduction he has to claim himself.
he should get all or most of what he paid out back.this year so he will be ok on his own.
taxact.com is really good and free, unless you have special needs.
do an account for you then do one for your son...
2007-03-04 05:17:10 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Go to irs.gov and use TaxAct, it's a free way to file your taxes online. It doesn't go to the IRS until you send it, so you can see which way will be most beneficial to you by trying to file with him as a dependant and w/o.
2007-03-04 03:53:17 · answer #5 · answered by Shining Ray of Light 5 · 0⤊ 1⤋
Yes, you may claim him, but be sure he does not claim himself when he files.
2007-03-04 03:58:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
under 18-yes. over 18-no
2007-03-04 03:52:38 · answer #7 · answered by Anonymous · 0⤊ 1⤋
if he has filed his taxes you cant claim him~!only one of you can do that~!
2007-03-04 03:53:22 · answer #8 · answered by ? 4 · 0⤊ 1⤋
you can claim him, he will reduce your taxes
but he can't claim himself when filing
2007-03-04 03:52:07 · answer #9 · answered by You may be right 7 · 0⤊ 0⤋