Personal Exemption

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  • November 28, 2014 at 12:57 am #190445
    Anonymous
    Inactive

    If parents don’t claim their child as a dependent, can the child take a personal exemption?

    The IRS website says “one exemption per taxpayer unless he/she can be claimed as a dependent by another person”. I thought at first yes, they can take a personal exemption because the parents aren’t claiming them but technicallyyy parents can claim them, they just chose not to.

    So can he/she take the personal exemption or not?

Viewing 12 replies - 1 through 12 (of 12 total)
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  • November 28, 2014 at 7:33 am #620783
    Anonymous
    Inactive

    If the child files a return and the parents don't claim a dependent? Yeah, the child then could claim a personal exemption on their own return.

    November 28, 2014 at 7:33 am #621783
    Anonymous
    Inactive

    If the child files a return and the parents don't claim a dependent? Yeah, the child then could claim a personal exemption on their own return.

    November 28, 2014 at 8:08 pm #620784
    leglock
    Participant

    i recall Becker saying if a child is eligible to be claimed by another, the child cannot take a personal exemption.

    November 28, 2014 at 8:08 pm #621784
    leglock
    Participant

    i recall Becker saying if a child is eligible to be claimed by another, the child cannot take a personal exemption.

    November 29, 2014 at 3:47 pm #620785
    Anonymous
    Inactive

    The child can as long as the parents don't claim the child on their own return.

    Can someone confirm this?

    November 29, 2014 at 3:47 pm #621785
    Anonymous
    Inactive

    The child can as long as the parents don't claim the child on their own return.

    Can someone confirm this?

    November 29, 2014 at 5:29 pm #620786
    Tax woman
    Member

    Yes, if the child uses their exemption then parent can't claim them. If the parents use their exemption, then child can't claim it. Either or. Parents can use it if child doesn't need it based on their income….but only if they meet the tests of course.

    November 29, 2014 at 5:29 pm #621786
    Tax woman
    Member

    Yes, if the child uses their exemption then parent can't claim them. If the parents use their exemption, then child can't claim it. Either or. Parents can use it if child doesn't need it based on their income….but only if they meet the tests of course.

    November 29, 2014 at 5:41 pm #620787
    liz18lsu
    Member

    The wording “CAN be claimed as a dependent by another” is extremely confusing. What if they CAN be claimed but aren't? I think the wording sucks.

    AUD - 88
    REG - 86
    BEC - 74, 1/2015
    FAR - 2/2015

    November 29, 2014 at 5:41 pm #621787
    liz18lsu
    Member

    The wording “CAN be claimed as a dependent by another” is extremely confusing. What if they CAN be claimed but aren't? I think the wording sucks.

    AUD - 88
    REG - 86
    BEC - 74, 1/2015
    FAR - 2/2015

    November 29, 2014 at 5:47 pm #620788
    mtwst113
    Member

    Exactly why I'm staying far far away from tax

    BEC | √
    AUD| √
    FAR| Spring 2015

    November 29, 2014 at 5:47 pm #621788
    mtwst113
    Member

    Exactly why I'm staying far far away from tax

    BEC | √
    AUD| √
    FAR| Spring 2015

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