I want to know if i should claim my son the year income tax or should i let his dad claim for him this year2007? i just got a job this octomber2007. his dad claim both his son and myself last year2006. the thing is that we are no longer together, but i still live here meaning my ex-byfriend place, till i find my own place. the other question is will i we able to fill let's say the following year2008?
2007-10-06 10:06:17 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You would do well to follow boston's advice as most of the other responses so far are just plain old WRONG.
2007-10-06 10:46:28 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It seems both you and the child's father lived with the child. If you lived with the child longer than the father, then you are the custodial parent and have first priority on claiming the child as a dependent.
If you both lived with the child the same amount of time, the father would have first priority on claiming the child as he had a higher adjusted gross income.
The best thing to do would be to figure the taxes both ways and then decide. Since you worked only for three months, your refund will not be much. The father may have a greater tax benefit for claiming the child.
If you make less than $3,400 this year and have lived with the bf 12 months, and he paid over half of your support, he can claim you. If this is the case, you cannot claim your child.
I can't answer about 2008 except to say that if you live with your child longer than the other parent, you can claim your child.
2007-10-06 20:16:29 · answer #2 · answered by ninasgramma 7 · 0⤊ 0⤋
Can't answer your question without more information. Who are the child's parents? You have not made that fact explicitly clear. If your ex-boyfriend is the child's father and if you all live in the same household, either of you can claim the child. You'll have to work out who will claim the child yourselves. Either of you can claim the child, but only one of you is allowed to. Neither of you has precedence over the other in this issue, so you must work it out between yourselves.
If your ex-boyfriend is not the child's father, he CANNOT claim the child regardless of how much support he provides or where the child lives. This is also true for tax years 2006 and 2005. For tax years 2004 and earlier he might be able to claim your son depending upon the circumstances.
If you move out of your ex-boyfriend's place (and your ex is the child's father) and take your child with you, you get the exemption since the child will have spent more time in your household throughout the year than in your boyfriend's. It does not matter which of you provide the greater amount of support; the only test is that the child not provide more than half if its own support. If you wish, you may allow the child's father to take the exemption by completing Form 8332 and giving it to the child's father. He will then attach the Form 8332 to his return when he files it.
2007-10-06 17:39:48 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Since he is your child's biological father, either of you can claim your son. That will be the same for 2008, except in 2008, assuming your son lives with you and not with your ex-bf, then he'd need your permission - this year he doesn't need your permission if the boy lived with him for over half the year, and from your question, I'm guessing he didn't. If you both claimed him, since you are both his biological parents and he lived with both of you for over half the year, then the IRS woiuld give the deduction to the person he lived with the longest - if you move out before the end of the year and take him with you, that would be you. If you don't move out before the end of the year, then the deduction would go to the parent with the higher income for the year, since he'd have lived with both of you for the same length of time.
You don't give enough info to tell who would gain the most from claiming him - that would depend on what you make for the year, and what your ex-bf makes for the year. If you want to post again with that info (approximate numbers are OK) then you can get a better answer. Probably the fairest way is to figure it both ways, with him claiming the child or with you claiming the child, file the way where between you, you pay the smaller total tax, then split the extra money that one of you gets from claiming him.
As to filing status: for this year, you'd file as single. To file as head of household you'd not only have to have a dependent (which you would if you claim your son) but also have paid over half of the cost of providing the home for the year - if you didn't work until October, that would be pretty unlikely. If your ex-bf claims your son, he can file as head of household assuming that HE provided over half of the cost for maintaining the home. = otherwise he'd file as single also.
For the 2008 tax year, assuming you have your own place, your son lives with you, and you provide over half the cost of maintaining the home, you can most likely file as head of household.
2007-10-06 19:21:26 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
if your child is in your custody then yes.even if you got a job 2 weeks before the new year begins you can still claim him on your income tax return.what you do in 2009 for year ending 2008 is up to you.you can alternate years if you wish.i prefer not to do that,i claim my children every year because i contribute more than 75% to their needs and my children also live with me.although their dad pays child support it is still not enough to cover their expenses and i work 45 hours a week as well as pay for their medical.
2007-10-06 17:15:44 · answer #5 · answered by CHER 6 · 1⤊ 2⤋
The person who provided over half the child's income is entitled to claim the exemption. This is routinely presumed to be the parent who has physical custody of the child. If that is you, you are also the head of household and, if your income is low enough, you would qualify for earned income credit. If you decide to give up the exemption, give the father IRS Form 8332.
2007-10-06 17:11:54 · answer #6 · answered by Anonymous · 0⤊ 4⤋
You can collect an extra couple thousand dollars just for claiming him. Its called EIC earned income credit. Don't let his dad take this money from you. You claim him. It doesn't matter if you live together because your not married.
2007-10-06 17:16:00 · answer #7 · answered by janice C 2 · 0⤊ 3⤋
It's not a choice that you have. The rule is that the child is taken by the person who pays most of the child's expenses.
2007-10-06 17:12:48 · answer #8 · answered by Ted 7 · 0⤊ 4⤋