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Thread: But my parents do my taxes

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    Default But my parents do my taxes

    Hi, and thanks in advance for any advice anyone can offer.
    I'm a student and have been thinking about dancing as a way to help pay for some of my bills. The only problem is that my parents still do my taxes (for my regular job) and they would kill me if they found out I started dancing. Is there any way to have them file my normal taxes and then secretly file seperately for the taxes I have to pay for the money I would make dancing?
    Thanks

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    Senior Member HeavenLeigh's Avatar
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    Default Re:But my parents do my taxes

    Why don't you just start doing your taxes yourself? Or have someone else do them?
    ~Kisses,
    Heaven

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    God/dess montythegeek's Avatar
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    Default Re:But my parents do my taxes

    You have to sign it so they can't file it without you.
    Tell them you are an adult now("I am not a little kid") and figure as a part of that you should be responsible enough to do your own taxes.
    They will probably be glad you are taking personal responsibility for yourself, especially if DAD tells you how to do it and you are actually paying attention. After all, what dad tells you is correct, just incomplete.

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    Default Re:But my parents do my taxes

    During my first life in my early 20's, I didn't pay much attention to business, had a journalism job, and my dad was an accountant.
    He liked doing my taxes so I let him do them. By college grad time I realized however that by your early 20's you should be doing them yourself. By this time I was back in school as a business major with my accounting professor being a former IRS agent. He actually lectured us on if we (as business majors) could not understand the tax code, the situation had become hopeless.

    Years later as I filed my first extension request with the IRS ever,
    I realize he is right. But I'll get them done. Missing paper work will slow you down.

    Bottom line. Buy Turbo tax and do them. Learn. It forces me to review everything every year and I catch stuff on the portfiol thats wrong.

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    God/dess GoldCoastGirl's Avatar
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    Default Re:But my parents do my taxes

    Stop having your parents do your taxes and do them yourself... or in my case, get a qualified and competent accountant to do it.

    The fee the tax accountant charges is fully deductible... so why not ? It will also help you educate yourself about taxes as one thing about being adult is all about is being able to make some sense of taxes. You can't always have your parents do them.

    Just tell your parents that you feel it is time that you learnt how to do your own taxes.... even if you pay a professional.



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    Banned Melonie's Avatar
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    Default Re:But my parents do my taxes

    There's a BIG difference between your parents doing your taxes because they're still attempting to claim you as a dependent (thus reporting your income along with their own tax return, and taking the resulting dependent exemptions and deductions themselves), versus your parents merely acting as an accountant on your behalf and filling out your return for you.

    Each person can only have one filing status. Each person must file only one tax return. That one tax return must include all of the sources of income that person had, including multiple jobs.

    I agree that picking up the Turbo Tax program makes it relatively easy for you to prepare and file your own income taxes. Whether or not dancing is an issue, you're really old enough to be responsible for this yourself - plus you really shouldn't be sharing intimate financial data with your parents any longer.

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