just did income tax, he made over 20,000 dollars so it is better for him to file on his own and us not claim him, he can claim college tuition that way and get state taxes back. But can we still carry him on health options???
2007-04-12 13:24:44 · 6 answers · asked by molly w 1 in Business & Finance ➔ Insurance
Each company has their own guidelines regarding age and student status. But, I have never seen how they file the income taxes as being part of what determines if they can be on your health plan. Usually they have to be a full time student, under the age of 24.
2007-04-12 14:21:23 · answer #1 · answered by nurse ratchet 6 · 0⤊ 0⤋
I am a health insurance agent! On our policy and everyone is different, you do not have to claim him as a dependent only be able to prove that he is a full time student under the age of 25
2007-04-12 15:39:31 · answer #2 · answered by David K 2 · 0⤊ 0⤋
If he is a full time student under 25 you can still carry him on your insurance for most plans (one plan even allows up to age 30) but is it cost effective? Young males seldom have a need for health insurance unless it's for an accident. You might be able to save money if you get a policy just for him. Contact your insurance company and find out how much you'd save if you dropped him, and contact a local independent agent and find out how much it would cost for his own policy.
2007-04-12 15:49:06 · answer #3 · answered by Zarnev 7 · 0⤊ 0⤋
there is no need to claim your son as a dependant on your return. he can be on your health insurance in most plans if he is a full time student and under the age of 25. specifics for your plan can easily be obtained from your benefits person at work.
2007-04-12 14:19:42 · answer #4 · answered by ny2fl 2 · 0⤊ 1⤋
you are able to probable combat it however the tax return you adult adult males are submitting is for final year (january 2010 to december 2010), so if for extra suitable than 6 months in that year he replaced into helping you and your son, than you adult adult males are his dependents' for tax-submitting purposes if commencing this year, as you're saying, you have your son and he isn't fulling helping (to boot the childcare) he won't be able to do this for next year's tax return
2016-10-22 00:19:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you can only do it if you claim him as a dependent. my daughter is graduating in may and i have already been told by my insurance that at the end of may she is dropped.
2007-04-12 13:33:59 · answer #6 · answered by george 2 6 · 0⤊ 0⤋