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Old 01-31-2017, 01:45 PM
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Two Questions

I have a crazy situation with this first question.

So, last year, I did taxes for my parents, who have been claiming my Grandmother who had been living with them for the past several years. Last year, my grandmother received two 1099R forms. My grandfather passed away and up until his death had been collecting a pension. For one, the gross distribution amount is a little over $9000 with the code in box 7 being 7, and for the other, it's a little over $600 with the code being 4 in box 7 ( she JUST presented these forms to me very recently, unfortunately). Now, to my knowledge, she should have had her own taxes filed last year because of this and she could not have been a dependent on my parent's taxes, correct? So my question, with his new tax season, what would be the best way to approach my parent's taxes this year? Should I be amending last year's return before doing anything with current year's, etc. What would be the best course of action?

Second question.

I have a daughter who has turned 18. She held a job in the summer of 2016 and then gained employment in either Sept/Oct of 2016. Between the two w2s she has received, her income totals below $3000. With that said, my thought is that I could just claim her on my taxes still, as I am still providing over half the care for her throughout the year, but as a relative as opposed to a qualifying child. However, would I also do her taxes separately as well and check that she's being claimed as a dependent? Just want to make sure that this is the correct course of action. Thanks to all in advance!



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Old 01-31-2017, 08:13 PM
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Join Date: Oct 2010
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So, last year, I did taxes for my parents, who have been claiming my Grandmother who had been living with them for the past several years. Last year, my grandmother received two 1099R forms. My grandfather passed away and up until his death had been collecting a pension. For one, the gross distribution amount is a little over $9000 with the code in box 7 being 7, and for the other, it's a little over $600 with the code being 4 in box 7 ( she JUST presented these forms to me very recently, unfortunately). Now, to my knowledge, she should have had her own taxes filed last year because of this and she could not have been a dependent on my parent's taxes, correct?==========>>Correct; last year aslongas your GM?s gross income was $4,050 or more, then, she should have had her own taxes filed last year; this means that your parents couldn?t claim their mother on their joint return as a qualifying relative. Gross income does not apply to the nontaxable Social Security benefits or retirement distributions.



So my question, with his new tax season, what would be the best way to approach my parent's taxes this year? Should I be amending last year's return before doing anything with current year's, etc. What would be the best course of action? ======>aslongas your parents claimed your GM on their 2015 return, then they need to file 1040X. And your GM needs to file her own 2015 return.

Second question.

I have a daughter who has turned 18. She held a job in the summer of 2016 and then gained employment in either Sept/Oct of 2016. Between the two w2s she has received, her income totals below $3000. With that said, my thought is that I could just claim her on my taxes still, as I am still providing over half the care for her throughout the year, but as a relative as opposed to a qualifying child. ====> Correct ; as she is now 19 years old, you can not claim her as a qualifying child on your return; however, you may claim her as a qualifying relative since her gross income is less than $4.1K for 2016.your daughter can file her own return for refund; she had federal income tax withheld from her pay, she should file in order to get any surplus withholding refunded back to her.

However, would I also do her taxes separately as well and check that she's being claimed as a dependent? Just want to make sure that this is the correct course of action==yes.you claim her on your joint return and she needs file her own return as a dependent to claim her refund.



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