Tax frustration
I'm kinda pissed off at my dad now. He insists on still claiming me as a dependent even though I made enough money last year to be in the same tax bracket as him I think.
It really makes me mad because I paid a lot on my college loans and over $4,000 in interest. I could deduct up to $2,500 of the interest if I claim myself on my return. I can't deduct any of it if he claims me though - he gets to deduct it. It really pisses me off because he has paid $0 toward my college expenses, yet he gets the deduction for it? I think I deserve whatever refund he gets from the $2,500 deduction. If you assume the 25% tax bracket, that's $625 I could be getting! GRRRRRRRRRRRRR
I'm pretty sure that he doesn't pay more than half of my living expenses anymore, which is the only way he could possibly claim me for 2006 taxes. I'm not in school anymore, so he can't use that reason. It makes me want to move out because this is just ridiculous. I'm not his freaking dependent anymore! All he pays for me is cell phone, internet, less than half my food, health & dental insurance (my share is only about $125 a month) and only a fraction of my housing and utilities (I pay him some rent money). I pay for everything else myself.
I hate living at home.
8 Comments:
man, that sucks. can't you just explain that to him and tell him not to claim you?
not to sound like a broken record, but you really should think about getting an apartment.
Sounds like you need a ruling.
Check with the IRS or some other TAX authority.
Maybe you should be able to claim yourself and your dad may be wrong.
Do what is right and you have no control on what your dad does with his taxes.
As for the taxes, it looks like he's going to claim me. I'll just have to see if he will give me some of his refund because of the loan interest deduction. Hopefully next year we won't have this problem.
As for getting an apartment, I've been thinking about it for a few months now and I'm leaning closer and closer to getting one.
One sign of maturity is the ablility to bear injustice without making things worse. We all have to from time to time
You are doing well.
Hang tough and do not dwell on this. Better times are coming and look forward towards them.
Hopefully better times are coming sooner than I thought. I don't anticipate living with my parents for another year.
I don't think that moving into my own place would make things worse, if that's what you're implying anonymous.
No one lives forever on this planet. Parents will someday be gone.
well said, mikehuron6643402256!
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