I became a student this year (Fall 2006). When I file my taxes can I claim myself a student?

Question

I became a student in the Fall of 2006 so for my 2007 taxes should I claim myself as a student? Can I get away with it?

Answer 1

if you are living at home with parents they will still claim you until you are age 24 as long as you are a student.

If you are not a student, then they can only claim you if you make less than $3300.
If you are not a student and make more than 3300 then you claim yourself.

Answer 2

There is no "claim as a student" category. If you are talking about claiming education credits, then yes you can if you aren't a dependent - if you are a dependent of your parents, then they get the credit, not you.

If your parents CAN claim you, whether they do or not, then you can't claim an exemption for yourself.

If you weren't a full-time student for some part of at least five months of the year, then you are not considered a full-time student for 2006. Depending on your age, this could affect whether your parents can claim you.

I'm not sure from your question just what you are trying to "get away with". Please post a little more info.

Answer 3

If you are using a software package and it asks you if you were a student, answer yes if you were a student for five months or partial months in 2006.

If you are not a dependent, then being a student may allow you to get credits or deductions.

If you are a dependent, then the student status is important to the taxpayer claiming you, since that person may be able to get credits or deductions.

Answer 4

If your parents (or someone else) is able to claim you, then you cannot claim yourself. Your parents or relatives would be able to claim you as a "qualified child" if:

1. you were a full-time student under age 24
2. you did not provide over half of your own support
3. you lived with them for at least 6 mos, except for temporary absences

If you dont meet the above requirements, you could still be claimed by someone as a "qualified relative" if you lived with that person all year, you had less than $3,300 of income, and that person provided over 50% of your support.

Answer 5

There is no such filing status as "student."

If you can be claimed as a dependent by your parents you will lose your personal exemption even if your parents do not claim you as a dependent.

If your parents claim you as a dependent and you claim your personal exemption, the IRS will ask your parents to prove their claim for the exemption. If they are entitled to it, your return will be processed without the exemption and your tax liability will be adjusted to relfect that fact.