i need to know now that my 16 year old son has a job and claimed 0 can i still claim him on my taxes or can we file together or does he do his half to do his separate
A 16 year old is still a dependant and he can be claimed your tax return. Keep in mind he may still need to file depending on the amount of money he has made. If he is required to file, he will only be able to use his standard deduction for a single taxpayer. He is NOT ALLOWED to claim his personal expemption. Even if you and your husband does not claim his exemption on your return. It is really pretty advantageous to still claim him on your return even since he is working. You will get the dependent expemtion for him, child tax credit if he is under 17 by the end of the year, EIC if your income is low enough. He is considered to be your depended if he is 18 and younger or under 24 if he is a full time student.
HR block -- Tax Advisor I
Edit: since he is a qualifying child, his gross income does not come into play yet. It will only come into play after he turns 18 and is not a full time student. Or after he turns 18 and is a full time student till he is 24.
You NEVER file a joint return with a child, nor do you report a child's earned income on your return. EVER!
As long as he does not provide more than half of his OWN support he is still your dependent. Since he can be claimed as a dependent, he loses his personal exemption to you and will pay tax on all earned income over $5,700. If he also has unearned income, much lower limits may apply depending upon the amounts of earned and unearned income.
you should be able to since he's still a minor living in your household. Don't hold me to this but I didn't do my taxes until I was done with college since my parents where still paying for college and living expenses. I left my claim as 0 until then.
I have now done my taxes for myself the last 2 years since I am paying for everything myself. My father did not claim me and I claimed 1. We just followed our tax persons advice. You might try speaking to one to see what they tell you as it may be different in your area.
Your son must file his separate tax return.
You can claim him if he did not provide more than half of his support and lived with you for more than 6 months.
If you claim him on your tax return, then your son can not claim his own exemption on his tax return.
You do NOT file together. His income tax return is always separate from yours. Since you still support him, you claim the exemption for him on your return. He does not get to claim it on his.
If he doesn't support himself, you can usually claim him.
If he has only a W-2 and makes LESS than $5700, he won't have to file.