Money Tax Question

by Brianna
(California)

Money Tax Question

Money Tax Question

I'm twenty years old and I want to know how much my dad gets for claiming me as a student on his taxes.

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Jan 20, 2024
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starstarstarstarstar 		Tax Benefits for Parents
by: BB

If your dad claims you as a dependent on his taxes, it may potentially lead to tax benefits for him. This could include deductions, credits, or other advantages related to supporting a dependent. The specific amount varies based on various factors, including your dad's income, tax situation, and eligible deductions.

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Money Market Fund and Taxes

by Georgia Vander Veen
(Lyons Illinois)

At the end of this year I will have grossed 30,000 from my job and I will have taken out 40,000 from my money market fund without withholding any takes from the money market fund. my question is how much money will I have to pay back to the irs?
Georgia

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Money Gift From Mom

by Albert Bongiorno
(centereach, ny, suffouk)

My mom is 90 and still has alot a money in the bank , if she gives me her money to be put in a bank account under my name , what would I have to pay in income taxes, we the nys

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