One of the questions on the college application is: Are you claimed as a dependent or are you eligible to be claimed as a dependent by a parent or court-appointed legal guardian?
I'm 18, i pay my own taxes, claimed 0 on w-4 form, but I live with my parents, and i don't pay rent or or pay for anything other than my phone bill. Am i a dependent?
2007-04-27 06:42:19 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You need to ask your parents if they claimed you on their taxes. Or if they are planning on claiming you for this year.
2007-04-27 06:54:02 · answer #1 · answered by dreamerbrat4 4 · 0⤊ 3⤋
The answer to the question on your college application is yes.
Even if your parents did not claim you, you are eligible to be claimed as a dependent by them. No need to ask them unless you want to.
2007-04-27 11:38:32 · answer #2 · answered by ninasgramma 7 · 1⤊ 0⤋
If you live with your parents, are under 19 or under 23 and a full-time student, and don't provide over half of your own support, then yes, you can be claimed as a dependent, whether your parents actually claim you or not.
2007-04-27 11:18:13 · answer #3 · answered by Judy 7 · 1⤊ 0⤋
Even if they do not claim you as a dependent you are considered a dependent. They provide over 50% of your expense.
2007-04-27 10:54:23 · answer #4 · answered by darrenwelsh429 2 · 0⤊ 0⤋
You need to ask your parents if they claimed you. It sounds like they probably did, because they're still providing the roof over your head and the food you eat (both of which are legitimate claims for determining dependency).
If they did claim you, you can still claim yourself by filling out the back of the 1040-EZ form. There might be a little bit that you can deduct for yourself based on the worksheet.
2007-04-27 07:58:29 · answer #5 · answered by Anonymous · 0⤊ 3⤋
From what you say, you ARE a dependent.
2007-04-27 06:45:47 · answer #6 · answered by Bostonian In MO 7 · 1⤊ 0⤋
they are ensuring that they get their money if you don't pay up.
if I were you I wouldn't push finding out cause they can slap a lean to get the money from the benefactor money if you don't pay up.
2007-04-27 07:01:01 · answer #7 · answered by Anonymous · 0⤊ 3⤋
you bet!
2007-04-27 06:59:33 · answer #8 · answered by shawn L 1 · 0⤊ 0⤋