what is head of house hold?

Question

My son 19 years worked last year 2006 and earned $ 5,500
and His with holding tax was $425. he is single and full time student
He lived with us all years and he did not provide over half of his own support.

Question ?
Does he qualify for EITC on his tax return
What amount He can claim for his Personal exemption ?

Answer 1

A head of household is an unmarried person who heads a household. A single mother with a couple kids would be a textbook example.

Your son does not qualify for EITC: Too young, no kids.

He can file as single and claim his exemption. He makes too much for you to claim him.

Answer 2

No he doesn't qualify for EITC - at 19, he's too young unless he has a dependent child.

You will be claiming him, or can, so he doesn't get a personal exemption. But he does get a standard deduction of $5350, which will wipe out most of his tax liability, so he'll get most of the money back that was withheld. When he files though, he needs to note that he can be claimed as a dependent by someone else, or you AND he will end up involved in a lot of IRS paperwork to sort that out.

Not sure what your question has to do with head of household. If you are asking can HE file that way, no. If you are asking about yourself, probably yes, if you aren't married,

Answer 3

You need a dependent to qualify for the Earned Income credit. To be a Head of Household you also need a dependent to qualify. Your son can still be claimed as a dependent on your return, and when he files his return, he must check the box that asks if someone else can claim you as a dependent.

Answer 4

No Head of Household (for him)
No EITC

As he is a student, you should claim him as a exemption so he can not claim himself.

His income is low enough where he will probably get everything back anyway.

Answer 5

it all depends on if you claim him ... or if he claims himself....I would talk to a tax professional... or look on the IRS web site... it is imformative!