Welcome Guest. Register Now!  


Florida FL


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 01-08-2014, 10:42 AM
Junior Member
 
Join Date: Jan 2014
Posts: 1
need a bit of advice

How Does Claiming My Sisters Child Who Recieves Ssdi Work ? Do I Have To Claim Her Ssdi As My Income As Well?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 01-08-2014, 12:02 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by angie112007 View Post


#1;How Does Claiming My Sisters Child Who Recieves Ssdi Work ?



#2;Do I Have To Claim Her Ssdi As My Income As Well?
#1;If you have an eligible dependent whose only source of support is through the ssdi program, or SSD, you may be able to claim him as a dependent on your income tax return. You need to meet the requirements to claim the individual as a your dependent. if your sister /the child’s fatherdoesn’t agree, you can’t claim the child on your return.




#2; If you're the custodian of the child who receives dependent benefits from the SSA such as disability payments, the child's benefits are paid to your name. Although the relationship and dependency status may confuse the tax situation, in many cases, neither you nor the dependent will owe taxes on the benefits; When you receive a payment for a dependent in your care from the SSA, the administration technically makes those payments to the beneficiary, not you. Because of this, custodians never owe taxes on these payments, and it shouldn't be reported as income on your Form 1040. The dependent may owe taxes on his benefits, but as a general rule, any beneficiary whose only income is from Social Security benefits -- such as children without a job -- benefits aren't taxable, and he doesn't need to file a tax return



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Advice how to open LLC in USA n.lakshmi197 Limited Liability Company 1 01-02-2014 02:21 PM
Tax Advice flint1953 Feedback 0 11-07-2012 12:57 PM
Need advice lenj2020 S-Corporation 0 03-01-2011 12:24 PM
Relocating to the UK and need advice... schmidty20 Alternative Minimum Tax 1 10-31-2010 09:30 AM
Please I Need Advice!!! sweet25 Income 2 08-20-2009 12:13 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.