Tax

Have a Tax Question? Ask a Tax Expert

Ask an Expert,
Get an Answer ASAP!

Tax

FORM 1040, LINE 6a reads "if someone else can claim you, do

Customer Question
not check box 6a"....
FORM 1040, LINE 6a reads "if someone else can claim you, do not check box 6a". My parents' income exceeds $110,000. If I am understanding correctly the IRS forms, they would get no benefit (neither from Form 8863 nor Form 8917) from taking me as their dependent (although they could), but I could benefit if they do not claim me. I had about $20,000 of income in 2015 so I must file. My questions: (1) Are my foregoing assumptions correct? (2) May I check box 6a even though they CAN claim me? (3) If I do, how much credit would I get from about $10,000 of tuition expenses or how much deduction for about $15,000 of tuition, books, etc (not paid directly to college)? (4) What about New York State?
Submitted: 1 year ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 15 minutes by:
3/27/2016
Tax Professional: Tax.appeal.168, Tax Accountant replied 1 year ago
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,028
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
Verified

Q1: Are my foregoing assumptions correct?

A1: No. If you qualify as a dependent for your parents, whether they claim you as a dependent or not, or their income is too much to benefit from claiming you, you are not able to claim an exemption for yourself. SEE BELOW:

If you meet all of these criteria as a qualifying child or qualifying relative, you are a dependent. You cannot claim the personal exemption, even if the person who you are the dependent of doesn’t file with you listed as a dependent.

REFERENCE SOURCE:

http://blogs.hrblock.com/2014/03/18/how-to-decide-whether-to-claim-yourself/

----------------------------------------------

Q2: May I check box 6a even though they CAN claim me?

A2: You are required to check the box indicating that someone else can claim you as a dependent

-----------------------------------------------

Q3: If I do, how much credit would I get from about $10,000 of tuition expenses or how much deduction for about $15,000 of tuition, books, etc (not paid directly to college)?

A3: Claiming the American Opportunity credit, will most likely render more of an education credit for you. The maximum credit amount for the AOC is $2,500, but this is not to say that you will receive the maximum amount of the credit. There is a formula used to calculate the credit amount. Refer to the following IRS webpage relating to the American Opportunity Credit for more information.

https://www.irs.gov/publications/p970/ch02.html#en_US_2015_publink1000204403

-----------------------------------------

Q4: What about New York State?

A4: What do you want to know about New York State?

Ask Your Own Tax Question
Customer reply replied 1 year ago
I don't understand. If I check box 6a, may i still get the American Opportunity Credit -- or do my parents have to claim it (their income is too high)?
Customer reply replied 1 year ago
do I get $6,300 Standard Deduction and just no exemption
Customer reply replied 1 year ago
Am I eligible to get a New York State credit (or deduction) for educational expenses when my parents claim me as dependent? And does this apply to tuition expense, books and fees, and loan interest -- or to some but not the others?
Tax Professional: Tax.appeal.168, Tax Accountant replied 1 year ago

No, you are not eligible for education credits if your parents are claiming you as a dependent.

When someone else can claim you as a dependent, you cannot claim an exemption for yourself. The exemption amount for 2015 is $4,000. However, the standard deduction is applicable. SEE BELOW:

The standard deduction for an individual who can be claimed as a dependent on another person's tax return is generally limited to the greater of:

REFERENCE SOURCE:

https://ttlc.intuit.com/questions/2105001-if-my-parents-are-claiming-me-do-i-still-get-the-standard-deduction

Let me know if I can be of further assistance to you regarding this matter. If all is clear, a positive rating of 3 or more stars is appreciated.

  1. $1,000, or

  2. The individual's earned income for the year plus $350 (but not more than the regular standard deduction amount, generally $6,100).

Ask Your Own Tax Question
Customer reply replied 1 year ago
you don't indicate whether, if I don't qualify for an education credit if I am my parents' dependent, and if they do not qualify because their income is too high -- may either of us take a deduction for "Tuition & Fees"? And what about loan interest?
Customer reply replied 1 year ago
checking out you advice on question #2, form 1040 pg 2 in the left margin it shows standard deduction on my return would be $6300, not $6100?
Tax Professional: Tax.appeal.168, Tax Accountant replied 1 year ago

Unfortunately, the way the tax laws are written, if your parent's income exceeds the ceiling to claim the deduction, they are not eligible to take it, and since you are being claimed as a dependent by them, you are not eligible to claim the deduction. SEE BELOW:

Who Can't Claim the Deduction?

You can't claim the tuition and fees deduction if any of the following apply.

REFERENCE SOURCE:

https://www.irs.gov/publications/p970/ch06.html#en_US_2015_publink100025391

  • Your filing status is married filing separately.

  • Another person can claim an exemption for you as a dependent on his or her tax return. You can't take the deduction even if the other person doesn't actually claim that exemption.

  • Your modified adjusted gross income (MAGI) is more than $80,000 ($160,000 if filing a joint return).

  • You (or your spouse) were a nonresident alien for any part of 2015 and the nonresident alien didn't elect to be treated as a resident alien for tax purposes. More information on nonresident aliens can be found in Pub. 519.

Ask Your Own Tax Question
Tax Professional: Tax.appeal.168, Tax Accountant replied 1 year ago

Ok, $6,300. The information that I provided to you regarding the standard deduction was copies from another source, which I provided a link to.

If the standard deduction is showing as $6,300, then that is what it is.

Ask Your Own Tax Question
Customer reply replied 1 year ago
It took over 1 hour to ask my questions and receive responses. One of the answers was incorrect. And your website is very difficult to navigate. Thanks for trying but this service is not for me..
Tax Professional: Tax.appeal.168, Tax Accountant replied 1 year ago

It did not take over an hour to receive a response. In addition, it just sounds to me that you are looking for a reason not to have to pay for the response because you did not receive the responses that you wanted to. I don't make the tax laws, I just dictate them.

It is on you if you do not positively rate, however know that this is not my bread and butter and I won't go hungry if you do not positively rate my response. Have a good day. I still intend to. Happy Easter as well.

Ask Your Own Tax Question
Ask Tax.appeal.168 Your Own Question
Tax.appeal.168
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,028
4,028 Satisfied Customers
Experience: 3+ decades of varied tax industry exp. Tax Biz owner

Tax.appeal.168 is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,300 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,338 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

Robin D.

Robin D.

Senior Tax Advisor 4

13,980 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,651 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

R. Klein, EA

R. Klein, EA

Enrolled Agent

1,839 satisfied customers

Over 20 Years experience

< Previous | Next >

Related Tax Questions
How does applying the standard deduction, or any itemized
how does applying the standard deduction, or any itemized deductions, impact your federal tax bracket? the top end of the 15% tax bracket is $75,900 for married filing jointly and the standard deducti… read more
Carter McBride
Carter McBride
LLM
262 satisfied customers
Does the new (in effect 01-01-2018) standard deduction for
Does the new (in effect 01-01-2018) standard deduction for couples of $24,000. apply to 2017 tax prep? … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
Please let me know what is the standard deduction on the
Hi. Please let me know what is the standard deduction on the 1040 form for 2017 for a single person with no dependents. This is for a friend. This is in California. Thank you.… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
As per the new tax law, the property tax deductions of 10000
As per the new tax law, the property tax deductions of 10000 is it per property or per tax payer per property?If both wife and husband file together can they claim 20000 towards one property or just 1… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Interested in information about new tax laws and their
Interested in information about new tax laws and their effect on S Corporations … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
If an employee files taxes as Married, filing separately,
If an employee files taxes as Married, filing separately, does he also have to file his W-4 with our company and choose Married, but single? Or can he choose whatever he wants?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,980 satisfied customers
I file a joint return with my husband. I have a rollover IRA
I file a joint return with my husband. I have a rollover IRA and want to do a contribution for 2017 to be able to use it as a tax deduction. 2 questions: What is the cap on individual contributions th… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Is there a form to file with the IRS for tax periods that
Is there a form to file with the IRS for tax periods that have ran past the statute of limitations from the date of assessment … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Under the new tax plan if my federal adjusted gross income
Under the new tax plan if my federal adjusted gross income is $77,230.00 how much are my federal taxes? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,804 satisfied customers
The 2018 tax law will allow homeowners to deduct property
The 2018 tax law will allow homeowners to deduct property taxes and either income or sales taxes with a combined limit on these deductions being limited to no more than $10,000. What does this mean? w… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,980 satisfied customers
On line 37 my 2015 Form 1040 I had an adjusted gross income
On line 37 my 2015 Form 1040 I had an adjusted gross income of $291,546. on my Amended 1040X for 2015 I have taxable income of $179,542. How do I get proof of this to get an adjusted MAGI to give to M… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,804 satisfied customers
I am currently a nonresident alien, but I anticipate that I
I am currently a nonresident alien, but I anticipate that I will be a resident alien for 2018, as I expect to be present in the US for the entire year. I am being asked my my employer to provide them … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,980 satisfied customers
Is the interest one pays on a personal loan a tax deduction?
Is the interest one pays on a personal loan a tax deduction? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,804 satisfied customers
I file married filing separate and I claim my wife whose
I file married filing separate and I claim my wife whose only income is social security can I claim her as an exemption plus my self? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,980 satisfied customers
Does a non-resident alien need to file a tax return on
Does a non-resident alien need to file a tax return on interest income received from a US business loan?… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Client is married file separate. Husband filed 2015 for the
Client is married file separate. Husband filed 2015 for the rent property. The property name is ***** ***** Can the rental property be filed by wife 2016? Thanks… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Dependent Children. 1. Taxpayer's adjusted gross income is
Dependent Children.1. Taxpayer's adjusted gross income is over $ 800K so personal exemptions are phased out. 2. Taxpayer's children are between ages 12 - 17. 3. All three children have earned income o… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
What is the standard deduction for Married filing separate
What is the standard deduction for Married filing separate on the Iowa tax form 1040a line 37? … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x