Catalyst V

Other tax discussions

One more thing too. WHen your daughter is completing her 2016 tax return with TurboTax, she *MUST* select the option for "I can be claimed on someone else's return" in the personal info section of the program. You claimed her as a dependent on your (the parent's) 2016 tax return. Therefore she does not qualify for the self-exemption on her return. If she does not check that box, then she will get a nasty gram along with a bill for additional tax, interest and penalties from the IRS, anywhere from 12 to 36 months after the return is originally filed.