Ask Experts Questions for FREE Help !
Ask
    54nd1v3l's Avatar
    54nd1v3l Posts: 1, Reputation: 1
    New Member
     
    #1

    Jul 6, 2012, 01:43 PM
    Can my income affect my father's?
    I am 18 about to go to college. My father is disabled and receives SSI and I did too while in high school, $144 after I turned 18 each month. I'm worried that my work income will affect his income. I live with him and he supports me I should be considered a dependent student but he said that he will not claim me on the taxes, what do I do? Is it time for me to file my own?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Jul 9, 2012, 08:15 AM
    YOUR income will have NO EFFECT on your father's income on his tax return. It is a completely separate issue.

    However, your income MAY affect whether he can claim you as a dependent, because he may NOT be providing at least half of your total support.

    If your work income for 2012 exceeds $3,800, you must file a tax return whether your father claims you as a dependent on his return or not.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Does a garnishment on my wages affect my income taxes? [ 1 Answers ]

If my wages were just garnished due to an unpaid student loan. Does this mean the company can take my money from income taxes as well? Even if it not the governments money but the school?

How can my father's debt affect me? [ 4 Answers ]

As I mentioned in another thread, my father has a debt with casino in NJ in amount of $6800. They gave him a Civil Summon, he made a payment arrangement, but he failed to satisfy it. He only made the first payment of $300 and no more. Then, they tried to place levy on his account while he doesn't...

How does father's METH use affect unborn baby [ 2 Answers ]

My daughter is pregnant she dosen't use Meth but I just found out her boyfriend does... He's lost weight, anger outburts & sleeps a lot... I want to know how will his use affect my daughter's unborn baby... I've tried using the internet but only found answers if mother is a user...

Does the mother's and father's blood type affect the baby? [ 1 Answers ]

If the mother's blood type is O- and the father's blood type is O+, will there be complications with the second baby?

Need to prove father's income [ 2 Answers ]

I need to find out if there is a way to prove the father of my child's income in writing. He will not give this information voluntarily. I have a support order from Florida, but when the order was written, he had a poorly paying job. Soon after the order went into effect, he got a much better...


View more questions Search