We all live together now but my problem is that they want to move to the next state over because of problems with this house. I want to stay living in this state so that I can go to the college I want to go to. I'm already 18, if that should matter with anything. They're telling me I can't live in this state with someone else if they wanted to claim me on their taxes since I'd be living with another guardian.
2007-03-09 16:16:06 · 6 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
In order for your parents to claim you as a "qualifying child", you have to live with them for more than six months of the year. Absences to attend school do not count, as long as your regular home is your parents' home.
So, if you move out of your parents' home and do not consider it to be your home, your parents cannot claim you as a "qualifying child" on their tax return.
They could claim you as a "qualifying relative" even if you did not live with them, as long as they supported you by more than 50% and you made less than $3,300 of taxable income.
The tax benefits for a "qualifying child" are better than for a "qualifying relative." So a good solution would be to consider your parents' home as your main home but attend college where you want.
2007-03-09 16:30:04 · answer #1 · answered by ninasgramma 7 · 1⤊ 0⤋
The thing is, if parents were unable to claime their children if they attended college in another state, there would be a lot less people attending out of state schools. They can claim you if you are off at school just make sure you keep your home of record or most likely called permanent address on school forms (not mailing) your parents address. There shouldn't be any problems as long as no one else tries to claim you, even if they did, if other did claim you they do not have the right because say your parents provide your support regardless of where you live then they can legally claim you. Hope this was helpfull-Wendy http://www.findhomesforsalewithwendy.com
2007-03-09 17:01:47 · answer #2 · answered by Wendy B 2 · 0⤊ 1⤋
there is an exception to the rule of thumb of dependents interior the IRSC for college scholars under the age of 24 that presumes you are the based of a be certain. you do no longer could stay with that individual each lower back for them to declare you. whether help may well be used. are you able to teach which you help your self? How are you helping your self. you could earn over $4500 till now you could as nicely initiate the controversy. in case you earn over $4500 is your earnings sufficient to pay your way? ninety 9% of school scholars whether they're working the kin unit over all taxes are extra perfect of with a be certain claiming the youngster. while you're as your question implies estranged out of your mothers and dads then submitting as your guy or woman exception will nullify a mothers and dads declare, the question is do you pick to alienate your father? He won't be able to declare you no remember what once you go away college or attain 24 whichever comes first or while you're interior the militia.
2016-11-23 18:38:09 · answer #3 · answered by lineback 4 · 0⤊ 0⤋
Your parents are incorrect. See IRS Publication 17 Page 27 under residency. There are several exceptions to the rule one of which is education. All other tests would need to be reviewed to make sure you would not be eliminated under one of the other provisions, but, just not living with them does not disqualify you as being a dependent.
2007-03-09 16:31:31 · answer #4 · answered by 1040 Agent 2 · 0⤊ 1⤋
you're making a mountain out of a mole hill. don't let the tax exemption determine where you will live or go to college. Your exemption to them, assuming 15% or 25% tax brackets, will save them $495 or $825 on their taxes. Live where you want, go to college where you want, forget the little bit of tax savings.
2007-03-10 02:23:32 · answer #5 · answered by RichManPoorMan 2 · 0⤊ 0⤋
The simple answer is - NO! they can not.
2007-03-09 16:25:49 · answer #6 · answered by Say What? 5 · 0⤊ 2⤋