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Dependent's tax return

 

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Subject Author Date
Dependent's tax return Slain 04-05-2007
Posted by Rich Carreiro on April 9, 2007, 2:32 am
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> I claimed my son as a dependent on this year's tax return.
> he worked over the summer last year and earned about
> $2500.00. He paid taxes and I think he can file for a return
> on his taxes.
>
> Can he file taxes even though he is a dependent?

Yes. Dependents can always file their own returns.

> If Yes, would it in anyway affect my tax return?

No, it would not. However, if he had investment income,
*your* return may affect *his*.

--
Rich Carreiro rlcarr@animato.arlington.ma.us

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Posted by Bob Sandler on April 9, 2007, 2:32 am
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> I claimed my son as a dependent on this year's tax return.
> he worked over the summer last year and earned about
> $2500.00. He paid taxes and I think he can file for a return
> on his taxes.
>
> Can he file taxes even though he is a dependent? If Yes,
> would it in anyway affect my tax return?

He can, and should, file a tax RETURN to get a REFUND of the
tax that was withheld from his pay. He can file even though
he is a dependent, but he cannot claim a personal exemption
for himself. His filing will not affect the tax RETURN that
you file, nor will it affect the REFUND that you get.

Bob Sandler

<< ======================================================= >>
<< 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 (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by John D. Goulden on April 9, 2007, 2:32 am
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> I claimed my son as a dependent on this year's tax return.
> he worked over the summer last year and earned about
> $2500.00. He paid taxes and I think he can file for a return
> on his taxes.
>
> Can he file taxes even though he is a dependent? If Yes,
> would it in anyway affect my tax return?

Sure he can, and with that low an income he'll get back all
of his federal withholding. Just make sure HE doesn't claim
himself as well (that is, he should claim zero exemptions).

--
John D. Goulden

<< ======================================================= >>
<< 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 (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Bill Brown on April 9, 2007, 2:32 am
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> I claimed my son as a dependent on this year's tax return.
> he worked over the summer last year and earned about
> $2500.00. He paid taxes and I think he can file for a return
> on his taxes.

If he wants a refund of withheld income taxes he has to file a return.
He will have a standard deduction of his earned income + $300 (or so?
- it's in the 1040 instructions). He would not get a personal
exemption because he is your dependent. Based on the facts you present
he should get a full refund of withheld income taxes.

> Can he file taxes even though he is a dependent? If Yes,
> would it in anyway affect my tax return?

Yes and No.

<< ======================================================= >>
<< 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 (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Bob on April 9, 2007, 2:32 am
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> I claimed my son as a dependent on this year's tax return.
> he worked over the summer last year and earned about
> $2500.00. He paid taxes and I think he can file for a return
> on his taxes.
>
> Can he file taxes even though he is a dependent? If Yes,
> would it in anyway affect my tax return?

Yes, your son can ( and probably should if he has any money
withheld ) file his taxes. It shouldn't affect your return
unless he is over the age of 18 and not a student.

<< ======================================================= >>
<< 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 (2006) - All rights reserved. >>
<< ======================================================= >>

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