Can I use my 450 gold fish and coy as DEPENDENTS on my tax return?
344735
If they each have a social security number, are legal residents, earn less than the IRS limit for non-family member dependency, and you paid at least half of their living expenses.  In other words....NO!!!!
350892
Yep, tax form 1040X is for this purpose.\n\nhttp://www.wwwebtax.com/general/form_1040x.htm
145015
I went to irs.gov and searched for dependants and was refered to Publication 501 which contains the following information.\n\nExemptions for Dependents \nYou are allowed one exemption for each person you can claim as a dependent. You can claim an exemption for a dependent even if your dependent files a return. \n\nBeginning in 2005, the term “dependent” means: \n\nA qualifying child, or\nA qualifying relative.\n\nThe terms “qualifying child” and “qualifying relative” are defined later. \n\nYou can claim an exemption for a qualifying child or qualifying relative only if these three tests are met. \n\nDependent taxpayer test.\nJoint return test.\nCitizen or resident test.\n\nTests To Be a Qualifying Child:\nThe child must be your son, daughter, stepchild, eligible foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. \n\nThe child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student, or (c) any age if permanently and totally disabled. \n\nThe child must have lived with you for more than half of the year. 2 \n\nThe child must not have provided more than half of his or her own support for the year. \n\nIf the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child.
863547
Yes, but unless you have a house or you itemize for some other reason it won't be worth it.\nWhen you file your taxes,  you automatically get a standard deduction that you don't need to show receipts for.\nIf you want to claim more,  you would first have to have receipts that cover the amount of your standard deduction.\n Not easy to do.
133338
depends on what method you choose and what kind of machinery. also if you take additional first year depreciation.\n\nsee irs.gov
555139
It really depends on your deductions.  I usually suggest to employees, family and friends that they claim 1 less deduction than allowed.  In your case, if you are married, filing jointly with 0 dependents, you say you can't claim any children, you should have the highest wage earner claim 1 deduction and the lower wage earner claim 0.  You should, at the end of the year, end up either getting a small refund, or owing a small amount, $100 - $200.  You should be filing a full form 1040, not the 1040EZ or any short form, and claim all the deductions that you can.  I usually resolve tracking my deductions by using a home accounting program such as Microsoft Money or Quicken.  It is just like using a check book, but keeps track of where your money goes.  It also makes reconciling your checkbook monthly very simple.  At the end of the year, I use a tax preparation program such as Turbo Tax, which interfaces with Quicken, and summarizes everything very quickly.  The only time that I have had to pay any taxes in the past 10 years is when I sold rental property and made a tremendous profit.
116279
No.  A dependent must be either a qualifying child or qualifying relative.  Here's a link to the IRS webiste FAQ's on exemptions:
61950
Yes, of course.  Just ask your administrater for a witdrawal.  You can also take a loan against your 401k.
329487
If I were doing your return, I would probably file a Schedule C using a code of 561900 (Other Support Services) or 114110 (Fishing).  This seems more than reasonable to me.  I don't think worm farming can reasonably be explained as a farm, since your worms are probably used for fishing and not for some agricultural or animal development purpose.  \n\nIf it gets down to the wire and would like some help, I'd be happy to help you get that filed.  If it gets really down to the wire, you might consider filing a Form 4868 extension.  As long as you don't think you're going to have to pay any taxes this year (good indicator would be what you paid/received back last year) then it can be sent in without any check and you can have 6 more months to file your taxes, up until October 15th.  \n\nhttp://www.refundaccounting.com
929273
You don't have to report to the IRS how much you have, just how much income (interest, dividends) you had from it.  And having savings shouldn't affect your eligibility for unemployment comp.  If you are looking for other kinds of payments like welfare, then yes, they'd look at what you have.
73376
Personal exemption is subtractions for you.\nDependancy is for a child.\nThat child then cannot also put himself for personal exemption. \nThink of exemption as money to live that won't be taxed. since you are taking care of a child, you need money for you and the child to live. That child then cannot also fill out a tax form and deduct money because he is not taking care of himself, you are. In the eyes of the tax code, the child's earned money is not "money to live" so then it's taxed.\nI made up this "money to live" term. But that's pretty much what exemptions are doing.
139372
You can still claim the kids, because they lived with you more during the year, and you supported them. But you can't E-File your return because it will be kick out with the irs because the boys social security has allready been claim on a tax return. So now you will have to mail your return in.\nAnd you will both be audited. And your boyfriend will have to pay the money back. But he still has time to amend his return and get it staighting out.
303190
You would trust your taxes to a place called "Food Exchange"???\nWould you go out to dinner at a place called "Tax Returns"?\n\nStick with something that has "Tax" in the name. Much safer.
730385
Just have him write it out to you and cash it at the bank.  If he doesn't file a 1099 with your social security number on it at year end it will not be taxable.  Just because you cash a check in your name does not mean the bank reports it to the IRS as taxable income, besides, if he owes it to you you must have loaned it to him in some form.
119639
If you mean as an exemption on income taxes, it would depend on whether or not he supported you or not.  Are you a minor?  Are your parents divorced?  Did he contribute more than 50% toward your care?  There are a lot of factors to consider.  If you KNOW you have the legal right to claim yourself then just do it and he'll be the one who would have to refute it in case of an audit.
254212
You would report the income in the state you were living when you got it. Be sure that you fill out PY on the state returns that you have only lived in part year. It does make a difference.
173602
He can claim you as a dpendant under the right circumstances. You can just file on your own an let the IRS do their job. That's the easiest way.