Pacun Posted January 29, 2015 Report Posted January 29, 2015 (edited) You have a family of unmarried parents and 6 children. All US citizens and all the income came from W-2. They lived in the same household the whole year 2014 and none of the children provided more than 50% of their own support. Ages of children and W2 income: Child 1, age 19 and made 23k, not going to school at all child 2, age 20 (was a full time student for one semester in 2014) made 25K Child 3, age18 and made only 2K Child 4, Age 17 and made 15K Child 5, Age 30, Complete and permanent disable but he appeared on a movie and made $40K Child 6, Age 26 made 24K and was a full time student at the local University. unmarried father made 5K income but it was enough money to go solo to Las Vegas for a whole week in 2014. Mother made 4K income. Everybody wants to claim child 3 as a dependent and if possible claim EIC. The family wants to do everything legal and wants the child to be claimed by the person who legally can benefit the most following the rules. Once you have suggested who will claim the child, the other After you have decided to claim EIC by the person who will legally benefit the most, how will you answer this questions: "Is the child you are claiming a qualified child of another person" "What the relationship between your dependent and the other person" "will you win the tie breaker" Can you list the people in the order that they will win the tie breaker if they all claim child 3? How about this order? Father mother child 1 child 2 child 4 child 5 child 6 (just saying) Edited January 29, 2015 by Pacun Quote
Elrod Posted January 29, 2015 Report Posted January 29, 2015 Sorry Pacun,...Your post just gave me a headache. 4 Quote
Jack from Ohio Posted January 29, 2015 Report Posted January 29, 2015 I have real tax returns to work on..... 1 Quote
Catherine Posted January 29, 2015 Report Posted January 29, 2015 tell the 17 year old to claim the 18 year old then sit back and watch the fireworks 2 Quote
Pacun Posted January 29, 2015 Author Report Posted January 29, 2015 OK. We know the 17 year old is out of the map because he is younger than his bother. That's a good starting point. Quote
Catherine Posted January 29, 2015 Report Posted January 29, 2015 OK. We know the 17 year old is out of the map because he is younger than his bother. That's a good starting point. Why else do you think I picked him? Quote
Pacun Posted January 29, 2015 Author Report Posted January 29, 2015 Now you can pick on child 2 and 5. 1 Quote
Pacun Posted February 1, 2015 Author Report Posted February 1, 2015 Let's rule out children 2 and 5 because they are the qualifying children of their parents. So between child 1 or 6, I would suggest that child 6 gets the exemption for child 3. This is the list of tie breaker. Mother father child 6 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.