I'm 23 years old and graduated back in May. My last semester I only took 2 courses (half time). I'm pretty sure I covered more than half of my expenses. I paid for rent, utilities, food, tuition, car maintenance, gas. They paid for my car insurance, phone, health insurance. They also gave me $50-60 once sometimes twice a month until August.
The last 3 years I let them claim me since I wasn't making significant money. However, this last year I worked full time at a retail job and then got a better full time job after I graduated and make more than my mom now. My dad says he will owe $5,000 if he doesn't claim me. But I would lose a lot for a refund that would be helpful to pay my student loans (40k).
Even after I told him I don't think he can legally claim me, he gets mad and says he'll owe money. I want to know if I'm wrong and he can actually claim me? I feel bad to make him pay money but at the same time I think he's benefited from me these last few years in college since I've been paying majority of expenses and my tuition.
I only started learning about taxes more this last month so please correct me if I'm wrong. What do you think is the best way to go about this situation?
Submitted February 09, 2018 at 09:24AM by evedd11 http://ift.tt/2C7NlSI
