Should i claim 1 or 0 if single

Examples of Claiming Dependents

Married filers with two minor children

Let's say you file jointly with your spouse.

You have two minor children who don't earn income and live with you for more than half the year (though some exceptions apply). In this case, you can likely claim them as qualifying children dependents on your tax return.

Divorced filers with two minor children

Consider this case.

You are divorced and have a custody agreement in place between you and your ex-spouse for your two children.

Claiming 8 allowances on w4

The person who can claim these children on their tax return will come down to which person can satisfy the criteria provided by the IRS for claiming a dependent child. Typically, the person with whom the children live over half the year will be able to claim the dependents on their tax return.

But there may be a separate legal agreement stipulating the other parent may claim the children as dependents.

Multiple siblings supporting an elderly parent through a multiple support agreement

Sometimes multiple adult children are supporting an

how many dependents can you claim on taxes

how many dependents can you claim