health

Tips for college students and parents ahead of tax deadline

Font size+Author:Global Gestures news portalSource:style2024-05-21 11:57:28I want to comment(0)

NEW YORK (AP) — There are lots of things college students and their parents should keep in mind befo

NEW YORK (AP) — There are lots of things college students and their parents should keep in mind before filing their taxes, and while tax pros say it’s great for college students to start filing their own forms, parents and students should double check everything carefully before anyone pushes the “submit” button.

Be clear on who is a dependent

For dependent students filing taxes for the first time, it’s easy to overlook checking the “dependent” box, and they cannot then be claimed on their parents’ tax forms without the long and arduous task of amending the return merely for failure to check a box.

“College students need to be very careful that they understand whether or not their parents are eligible to claim them as a dependent,” says Tom O’Saben, director of tax content and government relations at the American Association of Tax Professionals. Merely not claiming a dependent does not make that taxpayer independent, he says.

Related articles
  • Bella Hadid goes braless in a thigh

    Bella Hadid goes braless in a thigh

    2024-05-21 11:13

  • Peking Opera Costumes: A Display of History, Culture and Fine Craftsmanship

    Peking Opera Costumes: A Display of History, Culture and Fine Craftsmanship

    2024-05-21 10:18

  • Courtyard 27 — Growing a Seed of Happiness

    Courtyard 27 — Growing a Seed of Happiness

    2024-05-21 10:08

  • Contributing to Sino

    Contributing to Sino

    2024-05-21 09:49

Netizen comments