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Re: Dependant Question
Old 01-30-2006, 03:55 PM   #21
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Re: Dependant Question

Quote:
Originally Posted by Marshac
... so i'm going to go ahead and claim her. Since I always help her on her taxes, i'll be sure she is marked as a dependant on her own return... we don't want to trigger any audit flags
If you claim her and she is marked as a dependant on her own return, that will definitely trigger a red flag.

When you claim her, nobody else can claim her, not even herself.
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Re: Dependant Question
Old 01-30-2006, 04:08 PM   #22
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Re: Dependant Question

Talked to another IRS help guy. * He said the key factor is the fact that they lived together for the ENTIRE year (and not a day less) which disqualifies the parents' home from being considered the residence (normally would be with school time as "temporary absence") and disqualifies the fiancee from being parents' dependent.

So congrats on your new dependent and tax exemption.

I should suggest that this be put on next years tax aide test.

btw---did you mean you would mark your fiancee as being claimed by
some other person (you) on her tax return? I was wondering the same thing as retire@40
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Re: Dependant Question
Old 01-30-2006, 04:32 PM   #23
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Re: Dependant Question

Quote:
Originally Posted by Marshac
I think everything is Kosher, so i'm going to go ahead and claim her.
Congratulations on your "engagement"!
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Re: Dependant Question
Old 01-30-2006, 04:36 PM   #24
 
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Re: Dependant Question

Marshac,

Just for grins - Would you come out better if you filed a joint return? Or is better filing single and taking the dependent?
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Re: Dependant Question
Old 01-30-2006, 04:47 PM   #25
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Re: Dependant Question

Don't think you can file joint unless you are married. By the way how come you are filing a return for fiancee if she only made <1K? My chart says single, age <65, needs to file only if gross income >= $8200. Did she have investment or other income to bring her over threshold?
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Re: Dependant Question
Old 01-30-2006, 04:50 PM   #26
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Re: Dependant Question

Quote:
Originally Posted by kaneohe
Don't think you can file joint unless you are married.
I know you can't file joint unless you are married.
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Re: Dependant Question
Old 01-30-2006, 04:59 PM   #27
 
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Re: Dependant Question

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Originally Posted by retire@40
I know you can't file joint unless you are married.
Yah, I know that, but it might give him something to think about for tax year 2006.
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Re: Dependant Question
Old 01-30-2006, 05:20 PM   #28
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Re: Dependant Question

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Originally Posted by Cut-Throat
Yah, I know that, but it might give him something to think about for tax year 2006.
Of all the weak reasons for getting married, tax considreations must be the weakest.

Ha
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Re: Dependant Question
Old 01-30-2006, 05:22 PM   #29
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Re: Dependant Question

Quote:
Originally Posted by Cut-Throat
Yah, I know that, but it might give him something to think about for tax year 2006.
Can you ever think of a case when MFJ doesn't always come ahead of Single with one dependant?
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Re: Dependant Question
Old 01-30-2006, 05:32 PM   #30
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Re: Dependant Question

Quote:
Originally Posted by HaHa
Of all the weak reasons for getting married, tax considreations must be the weakest.

Ha
Ha, have you seen the divorce statistics. I think there must be a lot of people getting married for even weaker reasons.

For example, there's this reason: I'm drunk. I'm in Las Vega. She looks great through beer goggles. Let's get married.
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