bvmvmhhmv
New Member

Get your taxes done using TurboTax

Is below a true statement?

 

I always thought one had the choice to claim a dependent or not as well as the dependent had a choice to be claimed or not.  Basically the child chooses to claim them self and the adult chooses not to claim them on their taxes.  Below infers otherwise.

 

 

"If you qualify to be claimed as a dependent, you must answer “yes” that you can be claimed as a dependent on someone else’s return. You’ll also be asked if the person who could claim you, will claim you, which only impacts your eligibility for certain education credits.

 

Answering “no” to the question, when you could be claimed, is potentially tax fraud. It could prevent TurboTax from calculating the Kiddie Tax for a dependent who has unemployment compensation or other unearned income. And specifically, for tax year 2021, it would qualify a taxpayer for a fraudulent recovery rebate. If you’re audited, you’d have to repay any improper refund, with interest, and potentially pay a penalty."