my daughter and her son are my earned income credit because she is under 18 and both of them are living in my house and she makes way under around 4 or 5 thousand a year.
My question is can my daughter try for earned income credit all by herself.?
I have heard that people can get earned income credit with out children.
Can she.? Even tho she does have a child but he is going on my taxes..?
On her taxes it is stated that she is depended of someone else. Me..
2007-12-24 16:39:11 · 6 answers · asked by LadyCatherine 7 in Business & Finance ➔ Taxes ➔ United States
No, as a dependent she isn't eligible for the EIC. Also, without a qualifying child, a person must be at least 25 to qualify.
2007-12-24 17:03:50 · answer #1 · answered by Judy 7 · 2⤊ 0⤋
Your daughter cannot get EIC by herself. This is because she is your qualifying child, and the EIC rules prohibit a person who is a qualifying child of another taxpayer getting EIC. Your daughter will file as single with zero dependents this year.
When your daughter turns 19 and is not a full-time student, then she will no longer be your qualifying child even if she lives with you and you support her. If she earns more than $3,400 (adjusted for inflation in the future) she will not be your dependent. In this case, she can file and claim herself and her child and get her own EIC.
2007-12-25 22:19:15 · answer #2 · answered by ninasgramma 7 · 0⤊ 0⤋
If your daughter did *not* support herself (and lived with you all year), then she is your qualifying child and not eligible for EIC.
Without children, independent adults can claim EIC if they are between the ages of 25 and 65.
2007-12-25 00:45:37 · answer #3 · answered by Anonymous · 2⤊ 0⤋
You have a common situation that often results in unhappy folks. You may be able to claim your daughter as a dependent but you have not provided enough information to make that determination. You will not be able to take your grandson as a dependent because your daughter can. It would not matter if she does not. You could join the thousands of people that do take a grandchild in these circumstances but you will subject yourself to penalties and interest if questioned by the IRS.
2007-12-25 11:07:16 · answer #4 · answered by ? 6 · 0⤊ 2⤋
Depending on your income, it may be more of a tax benefit to you. If she and her son are living in your home and you provide more than 1/2 of their support, they are your dependents. Earned Income credits are based on income, $9,000-$14,000 being its peak, the amount is lower before $9,000 and lower after $14,000.
she can try but she must have a diff rent filing address than yours.
People w/o children are eligible for the EIC but their income must be below $8,000
Her tax return has to reflect that she is being claimed on another return, as she is only eligible for partial personal deductions and personal exemption amounts
2007-12-25 00:48:42 · answer #5 · answered by MummyDearest 2 · 0⤊ 2⤋
go to www.irs.gov
2007-12-25 00:43:27 · answer #6 · answered by dada555 2 · 0⤊ 2⤋