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Posted by gtd068a on February 21, 2008, 11:39 am
Please log in for more thread options > gtd068a wrote:
> > I live with my parents. Even though my father is above the $3500
> > income threshold for claiming parents dependent, my mother falls well
> > below the threshold. Can I claim my mother as dependent on my tax
> > returns assuming I provide more than 50% support for her, which I
> > easily do? If I claim her on my tax returns, will my father and mother
> > still file "married filing jointly?" I understand that if they file
> > togethr, their standard deduction will be reduced because I have
> > claimed her.
>
> > Thanks in advance for your help.
> > IK
>
> Your parents could still file a joint return without impacting
> your dependency exemption ONLY if the reason they file is to
> obtain a full refund of withheld taxes. If they file for any
> other reason, e.g. to obtain an advance payment (aka "tax
> rebate') on 2008 taxes, she could not be your dependent.
>
> --
> << ------------------------------------------------------- >>
> << The foregoing was not intended or written to be used, >>
> << nor can it used, for the purpose of avoiding penalties >>
> << that may be imposed upon the taxpayer. >>
> << >>
> << The Charter and the Guidelines for submitting posts >>
> << to this newsgroup as well as our anti-spamming policy >>
> << are atwww.asktax.org. >>
> << Copyright (2007) - All rights reserved. >>
> << ------------------------------------------------------- >>
Thank you very much for your reply. Can you please clarify one issue?
My father will get a refund but not for the entire amount of taxes he
paid. He should get about 80% of paid taxes back. So when you say
"full refund" does that mean that his tax liability for the year(2007)
has to be zero for me to claim my mother as dependent or can I still
claim her as long as my father is getting majority of the taxes he
paid in 2007 back?
Again, thank you in advance.
IK
========================================= MODERATOR'S COMMENT:
When responding to a post, please include in your reply only those parts
of the prior post that are necessary to context or to which you
specifically reply, and delete the rest. Thanks for your assistance.
--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
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