2007-10-02 06:54:25 · 5 answers · asked by MAster SenSei 2 in Business & Finance ➔ Taxes ➔ United States
If you are not claimed by a parent you can do it two ways. Claim 0 now & get money back once you've had your taxes done, or claim 1 now & not get a refund later. It's personal preference. Some people need the money now & others like getting a chunk back later.
If you are cliamed by a parent, the difference is that you will owe more taxes because they claim you as a dependant so it's best to claim 0. If you claim one, you may owe some when it comes to tax filing.
2007-10-02 08:17:19 · answer #1 · answered by Deb S 6 · 0⤊ 0⤋
I would'nt advise you to do that by yourself, specially after the new rules and changes in taxes, which even for accountants are problematic. It's better to look for a public accountant, though I am unable to tell you which one.
2007-10-02 18:12:40 · answer #2 · answered by Flaminia 2 · 0⤊ 0⤋
Download forms and instructions at irs.gov or buy software like TurboTax or TaxCut
2007-10-02 16:16:37 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Your question is far too general. More details are needed to give you a meaningful answer.
2007-10-02 14:01:17 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
si
2007-10-02 16:31:01 · answer #5 · answered by pesoasergio62 6 · 0⤊ 0⤋