Claiming our daughter as a dependent [which she qualifies for] how will this affect her Tax Return?
We get a tax break or deduction for claiming our daughter as a dependent but how does this compare to how it will affect her Tax Return?
02318
1 Best answer
RebeccaC
New Member
Jun 6, 2019 3:01:38 AM
Your dependent's income will not affect your tax return. They need to indicate on their tax return that someone can claim them as a dependent. The personal exemption will then stay with you. Your dependent is still able to take the standard deduction amount.
2 Replies
Texas Roger
Level 15
Jun 6, 2019 3:01:36 AM
She loses her $4050 personal exemption. If her income is over $6300, she will have to pay tax on the amount over $6300. If she could claim herself and keep her personal exemption, she would pay tax on the amount over $10,350.
RebeccaC
New Member
Jun 6, 2019 3:01:38 AM
Your dependent's income will not affect your tax return. They need to indicate on their tax return that someone can claim them as a dependent. The personal exemption will then stay with you. Your dependent is still able to take the standard deduction amount.