I work a part time job and very easily made under $5k this year. So I know I quality to receive everything federal back that I've paid in, but I'm not sure if I can. I'm 17 and my legal guardian still puts me as a dependent on her own tax return. I know other teenagers who claim to get their own tax
I work a part time job and very easily made under $5k this year. So I know I quality to receive everything federal back that I've paid in, but I'm not sure if I can. I'm 17 and my legal guardian still puts me as a dependent on her own tax return. I know other teenagers who claim to get their own tax return but still live under their parents roof and get claimed as a dependent. However, several people I've talked to say that since I'm a dependent and my social security number has already been used to file taxes with I can't file for my own personal income. Other people say otherwise. Everything I read online says something different.
I just need someone tax savvy to clear this up for me, thanks
Yes You file your own tax return. There is a space on the tax return form that asks you if someone else can claim you as a dependent. You mark on the form that someone else can claim you.
You'd file your own return, but list yourself as a dependent on the form, they still claim you as one.
You can file a tax return if you are a minor and a dependent. If you only have wages, fill out form 1040EZ and where it says if you can be claimed, go to the second page and figure out your deduction. Or use software and do not claim yourself. If your wages are less than $6,300 and this is all of your income, you will get your federal income taxes that were withheld refunded to you.
You file but don't claim yourself. Since you made under $6300 you'll still get all your federal back.
Everyone can file. However, when you file, you must indicate that you can be claimed by someone else, and this changes the rules for how much you can get back, so it might not be what you are expecting.
You file as a dependent. Your parents claim your exemption. No problem.
You can and should file your own taxes. You will all of your withholding back but probably nothing else.
of course you can, go to www.irs.gov and you can free efile when the site has that service available after Jan 23
also at that site is publication 17 which will be wise for you to read, or maybe down load it
the CORRECT answer is found on the IRS website under the "do I need to file a tax return" section !!!
You can do that or pay someone to prepare it for you.