An Income duty cross-examine concerning claims?
We were told by our Income rates agent that our son, whom goes to college full-time and works leisure, has made too much income for us to claim us on our taxes. He lives next to us and travels 90 miles round trip five days a week for school. He never told us what the income boundary is before we cannot claim him. Of course this made a huge difference on our return.
Since we file we found out through other sources that we should have be able to claim him no situation what since he is living with us, we reward his insurance and his schooling.
So what do we do now?
Answers: There isn't an income inhibit. If he provides over half of his own support you can't claim him. If you are sure that he does NOT provide partially of his own support, then you can amend your return and claim him. Oh, and carry another tax guy.
Of course, if your son make $45K a year or something, you might have a complex time showing that he doesn't provide over half of his own support, unless he bank most of it to save for the adjectives.
You can AMEND your return. It is easy to do. Go to the library or on the IRS website and gain a form for amended returns. It is a form that you can use for any year, and you need to put the year you are amending on the top of the form. If would be better is you dally until after this tax season is over to amend this years taxes. If you database now, it will be pushed to the bottom of the pile next to new returns coming surrounded by everyday. Remember, if you claim your son as a dependent, he CANNOT claim himself as a dependent. He can still file a toll return, he just cannot claim himself as a dependent.
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Since we file we found out through other sources that we should have be able to claim him no situation what since he is living with us, we reward his insurance and his schooling.
So what do we do now?
Answers: There isn't an income inhibit. If he provides over half of his own support you can't claim him. If you are sure that he does NOT provide partially of his own support, then you can amend your return and claim him. Oh, and carry another tax guy.
Of course, if your son make $45K a year or something, you might have a complex time showing that he doesn't provide over half of his own support, unless he bank most of it to save for the adjectives.
You can AMEND your return. It is easy to do. Go to the library or on the IRS website and gain a form for amended returns. It is a form that you can use for any year, and you need to put the year you are amending on the top of the form. If would be better is you dally until after this tax season is over to amend this years taxes. If you database now, it will be pushed to the bottom of the pile next to new returns coming surrounded by everyday. Remember, if you claim your son as a dependent, he CANNOT claim himself as a dependent. He can still file a toll return, he just cannot claim himself as a dependent.